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Created by : Esha Johar, Risk Analyst, Irevna  | 09 29 2010 13:44:59 +0000
Industry : Equity Research/AnalyticsFunctional Area : India(Markets)
Activity:  587 views;  last activity : 03 05 2011 06:49:49 +0000

For reasons ranging from geopolitics to poverty alleviation, a strong India is good for the United States. India's strength will depend in great measure on the vibrancy of its economy.  And in that regard, India is growing at a good pace and are actually placed well behind US and China in the most powerful nation list. But, does this India's fast growth means it has a strong economy?? Share your views on this........

 
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Economy - Whats in India, Just Numbers !

The pace is only due to the heavy fund inflows in financial markets from overseas and MNC hiring in Indian employees for cheap money compare to their country.

On the other way the infrastructural theory is majorly contributed from world bank or Japanese fund and minority tax funds.

The domestic consumption is pooling up from the mnc hiring with enriching the employee economy.

But the fact remains, India is working majorly not for its own consumption but dependent on export to developed markets till cheap employees available.

The domestic commitment of Jobs and employment as well as business to education in poors is very weak scenario in India.

Though undercurrent is stong, I personally feels that it may be the fastest among other emerging markets but it will never be the strong economy.

Economies never scale to strength strong till government commitments contributes majorly.


By Jyoti CHETANI, Freelancer, Equity Research/Analytics  09 29 2010 15:52:08 +0000
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But Guys one thing no one can disagree, Our economy is fundamentally strong unlike Dubai and other nations who are just faking through Tall and Taller and Tallest Buildings
By Karthick , MBA/PGDM student, Amity Business School, Noida  | 10 03 2010 20:52:33 +0000
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Are we on the FAST TRACK for Corruption ??? Looks like that... None on the scam is in Millions.... all Scams are Multi Billions... What if... there is no Corruption.. and we have only Growth....
By Paul James, Job Consultant, ESS  | 03 05 2011 06:49:49 +0000
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only GDP growth rate is not a sign of growth in economy. our GDP is growing just because of inflationary factors. if we see...per capita income and sector growth rate we are far away from real growth.


By Vinod kumar, MBA (Finance) student, Punjab College of Technical Education  | 10 03 2010 05:49:52 +0000
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VERY TRUE THAT INDIA IS TREMENDOUSLY GROWING BUT THIS GROWTH IS VERY FEW SECTORS LIKE TELECOM AND SOFTWARE WHICH DON't require setting up huge infrastructure facilities. Still we are lagging in manufacturing and very much dependent on german and japanese technologies.
By GAURAV AGRAWAL, MAINTENANCE MANAGER, SANDEEP METAL CRAFT  | 10 02 2010 09:49:52 +0000
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OUR COMPANY GROWTH IS DEPENDENT ON JUST FEW BIG COMPANIES, WHOLE COUNTRY IS NOT


By SOURABH ANAND, RELATIONSHIP TEAM LEADER, Yes Bank  | 10 02 2010 06:43:57 +0000
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India is growing, at a good pace, but we still have a long way to go to say that the economy is growing up. Thanks for the referral Jyoti & Esha.
By Dr Ali Ahmad, Independent Health Care Consultant, Hospital Management Consultant  | 09 30 2010 19:46:42 +0000
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Although markets are the faces of economy but it doesn't implement on India as In India approx. 80%-90% investment(in market) depends on FIIs & DIIs. FIIs are just playing with our market. They know that they can move the market as per their wish. No doubt India's economy is growing so that they can trust on India with increasing trend. 

But we can't conclude that Indian stock markets shows real picture of Indian economy. We are very strong in market point of you say rather than economy....


By Vipin Bhasin, Private Equity/Hedge Fund/VC-Manager, Indian Investment Co.  | 09 30 2010 11:14:52 +0000
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There is always a illusion in our country that when the Stock Market is doing well , our economy is also strong, well the stock market is just one of the indicators and we must not forget that it reflects the sentiments of just 3-4% of the country's population which invests in the stock market and the FII's Sentiments.

When it comes to our economy, we are doing well in terms of numbers, but the actual situation is very different, the numbers are at times misleading us. We have been doing development in our Nation with funds from other countries...


By Japan Shah, H.O.D, Oxford School of Management  | 09 30 2010 07:27:17 +0000
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See Jyoti the companies are coming to India why? India has increased 42500 more millionaire and growing today there are 127000 millionaire are there in India. The economy is vibrant and we are the second fastest growing economy. Even IMF will be increasing our rating. So every body globally is looking towards India to invest.

I am of the opinion Government is trying to take the country in fast track. Yes we are facing the problem of price rise which is natural and at the end everybody will be benefited i.e 1.2 billion population.      


By Rathin Deb, Freelance Retail Consultant  | 09 30 2010 06:11:28 +0000
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no, But India have fast growth who is growing that's important only big milliners only growing not poor peoples
By paranivelan , Sr.Executive, secure network solution india pvt ltd  | 09 30 2010 03:03:35 +0000
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I don't think anybody has a complete picture of how the Indian economy is faring at the moment, also it turns out that India's recovery from the crisis is partly illusionary, as its growth is not sustainable and is not creating a broad prosperity...India's gross domestic product growth weakened immediately after the fall 2008 financial crisis, but was nonetheless one of the world's best performances.

It has now returned to the pre-shock 8 to 9 per cent and remains one of the world's best performances. For the April-June quarter, India just reported that real GDP growth (using factor costs) was 8.8 per cent.  So,I don' think India has a strong economy.


By Esha Johar, Risk Analyst, Irevna  | 09 29 2010 13:44:59 +0000
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