How can India's economy improve?
- Thread starter Ceres
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SamAldjets
New Member
Thank you for sharing! It still is incredible as Jeff said, on India's economy. Although, I fear it will drop soon enough. We'll have to wait in see for the future.
DomainWalla
Member
Simply strengthening the ability of the courts to take care of cases quickly would be a big help. I've been involved in a case in Bangalore since 1996.
Cutting subsidies and removing price controls in the energy sector would be another big help. PC has done well, but there is a lot left to do.
Cutting subsidies and removing price controls in the energy sector would be another big help. PC has done well, but there is a lot left to do.
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jigyasa
New Member
Thanks for the article sharing. It sure did make an interesting read. I think it is a real pity that even our Prime Minister realizes that "“there are no binding external constraints on India’s economic growth. Most constraints we face are inherently internal" and still does nothing much to help it.
Wow - that's a long time! What kind of a case and why is it taking so long? Also, are lawyers expensive in India?
That's exactly right, except India can copy a lot of what the developed nations did and move forward much faster, and hopefully avoid some of the errors along the way.
Despite the global economic problems, things are still going remarkably well in India:
Bloomberg.com: India & Pakistan
Despite the slowdown in India, these are still amazing levels of economic growth.
Bloomberg.com: India & Pakistan
Despite the slowdown in India, these are still amazing levels of economic growth.
I was over in Mumbai last week with work looking at launching a new service with the backing of India's main car manufactor!! We visited the docks area in Mumbai and i have to say i was very impressed with what i saw, India are in a very good position at the moment to take advantage of the global market, but the thing that really caught my eye was the respect people have for the company's they work for, this in turn will produce good quality products, but also give people pride in their work.
From what i saw i really do belive that India has a long way to go BUT they are well on they way to greatness
From what i saw i really do belive that India has a long way to go BUT they are well on they way to greatness
I think so india's economy is very much dependent on foreign investments. This situation must be changed at any cost. We must stand independently. The best example is that when the US economy tumbled, we had the industrial growth of just 1.9% against 10.5% for the same month last year.
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