Is India Strong Truly Strong?
Incredible India! Mera Bharat Mahan! People are inspired by these huge words, but is this the true image of India? Last 60 years of independence and we have grown, no doubt about that, but is this growth comprehensive? Have our economy truly growth in the big league? I seriously say No!
Here are some of the reasons why I think India has not gone in the league of great powers, no matter what the IMF or world bank says:
1] Last 60 years and Indian Rupee has fallen from Rs 4 to a USD to now Rs 61 to a USD. Is this a sign of progress?
2] In last 60 years our national carrier Air India has gone from one of the best and respected airlines to one of the worst and poorly managed national carriers.
3] Our poor population has actually increased due to rapid inflation which increases by 1% per month!:(
4] Our government is helpless and does not have any clue to rescue either the rupee or our countries economy.
5] We rank at the bottom of countries when it comes to governance.
6] We rank at top of the table when it comes to corruption in government, both at National and state level.
7] Our tourism is pathetically low compare to our true potential thus loosing us billions of $ in raw cash flows.
8] We are too much dependent on FDI and crude oil supplies and pay them in $ rather than our own currency. We must remember that its a buyers market out there and not sellers, so buyers decide what currency they prefer.
9] Our politicians are poor in their education standards and thus lack basic skills to handle day to day government activities.
10] Our governments servants are a bunch of high paid non performing assets which need to be regularized.
Unless and until strong steps are not taken to correct these measures we can never say Mera Bharat Mahan!
Incredible India! Mera Bharat Mahan! People are inspired by these huge words, but is this the true image of India? Last 60 years of independence and we have grown, no doubt about that, but is this growth comprehensive? Have our economy truly growth in the big league? I seriously say No!
Here are some of the reasons why I think India has not gone in the league of great powers, no matter what the IMF or world bank says:
1] Last 60 years and Indian Rupee has fallen from Rs 4 to a USD to now Rs 61 to a USD. Is this a sign of progress?
2] In last 60 years our national carrier Air India has gone from one of the best and respected airlines to one of the worst and poorly managed national carriers.
3] Our poor population has actually increased due to rapid inflation which increases by 1% per month!:(
4] Our government is helpless and does not have any clue to rescue either the rupee or our countries economy.
5] We rank at the bottom of countries when it comes to governance.
6] We rank at top of the table when it comes to corruption in government, both at National and state level.
7] Our tourism is pathetically low compare to our true potential thus loosing us billions of $ in raw cash flows.
8] We are too much dependent on FDI and crude oil supplies and pay them in $ rather than our own currency. We must remember that its a buyers market out there and not sellers, so buyers decide what currency they prefer.
9] Our politicians are poor in their education standards and thus lack basic skills to handle day to day government activities.
10] Our governments servants are a bunch of high paid non performing assets which need to be regularized.
Unless and until strong steps are not taken to correct these measures we can never say Mera Bharat Mahan!
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