An interesting article Anil, where all aspects have been meticulously covered. The scope for growth and development is immense in India and this rate of growth can be sustained for many more years. The economy had been held back by the deliberate efforts to destabilize the country by some neighboring countries. One feels that India under this government has withstood the acid test and won the confidence of global investors. Peace and stability are important for securing a healthy growth. Situation in Kashmir, strengthening our borders in the North East, indigenous manufacturing of Defence equipment and emerging as an alternative to China as an investment destination has vastly contributed to the India growth story. The future challenge is internal and the next 5 years of this government has to concentrate on bold agricultural reforms, rain water harvesting, irrigation projects, tapping new eco friendly sources of energy and leading the race in innovative technology. The new dynamic India is emerging after shedding its baggage from the past. Thank you Anil for a thought provoking write up.
Thank you for your thoughts and kind words. Much appreciated.
Agree with you that the Indian economy has turned a corner and that domestic risks are likely to increase. Fresh challenge for the new government. It won't be easy, but not difficult either. Next phase of growth depends a lot on how the states are drawn into the strategy. At present they are split along party lines--subjects like agriculture, land are all in the domain of states-- even though there is a buy-in by states on growth.
An interesting article Anil, where all aspects have been meticulously covered. The scope for growth and development is immense in India and this rate of growth can be sustained for many more years. The economy had been held back by the deliberate efforts to destabilize the country by some neighboring countries. One feels that India under this government has withstood the acid test and won the confidence of global investors. Peace and stability are important for securing a healthy growth. Situation in Kashmir, strengthening our borders in the North East, indigenous manufacturing of Defence equipment and emerging as an alternative to China as an investment destination has vastly contributed to the India growth story. The future challenge is internal and the next 5 years of this government has to concentrate on bold agricultural reforms, rain water harvesting, irrigation projects, tapping new eco friendly sources of energy and leading the race in innovative technology. The new dynamic India is emerging after shedding its baggage from the past. Thank you Anil for a thought provoking write up.
Dear Gautam,
Thank you for your thoughts and kind words. Much appreciated.
Agree with you that the Indian economy has turned a corner and that domestic risks are likely to increase. Fresh challenge for the new government. It won't be easy, but not difficult either. Next phase of growth depends a lot on how the states are drawn into the strategy. At present they are split along party lines--subjects like agriculture, land are all in the domain of states-- even though there is a buy-in by states on growth.
Fingers crossed.
Best
Anil