Should we worry about India's economy ? Yes says Sriram, a friend and a most prolific and versatile blogger. He makes two or three posts a day and has wide and original views on a number of issues. On India's economy, he says
"Less than a fortnight into the hundred days in India, the more I observed, the more I wondered whether India's economic "success" story was more hype than real. That line of thinking morphed into to this column in which I wrote that "the economic health of India is not looking good."
Every day, evidence seemed to pile on to further reinforce the impression that India could run into some serious economic troubles really soon. I was particularly concerned that the country was not paying enough attention to the long-term requirements of resources, energy, and infrastructure."
Every day, evidence seemed to pile on to further reinforce the impression that India could run into some serious economic troubles really soon. I was particularly concerned that the country was not paying enough attention to the long-term requirements of resources, energy, and infrastructure."
You can read his full post here.
Yes there's much to worry and despair about. We have made some progress, but make disproportionate noise about it. The real tragedy is that India is capable of so much more - Oh what a huge unfulfilled potential there is. With this much poverty around, its a crime to let potential go unfulfilled.
