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Indian Economic environment engenders!!!!

Created by : ANAND M, Freelancer, Human Resources (HR) Consulting  | 07 12 2010 09:56:21 +0000
Industry : Radio, TV & FilmsFunctional Area : Politics(Personal Interests)
Keywords : economy indian economy gdp false confidence economic environment engender
Activity:  249 views;  last activity : 07 20 2010 13:57:26 +0000

What do you think people, does Indian economic environment engenders confidence that we can indeed overcome poverty and create a better future for every Indian??  But that is not the case as such....... Because to many people it seems the country is doing well at the moment and the GDP is high and are aiming for a better GDP next season, but Inflation, common man's issues, all is not well, people are showing us what we need to see and nothing much, but there are many things to be taken care of, that is why I am asking the question in the beginning itself and as the famous shakespeare quote goes like "Every cloud engenders not a storm". Do you also think that Indian Economic environment engenders confidence that we can indeed overcome poverty and create better future for every Indian?? Please share your thoughts on this...............

  
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Yes, it gives us a false confidence Vs No, it does not
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Yes, It is giving us false confidence that everything is going well at the moment, but apart from few things rest all are in a bad shape, a country with Billion plus population 1/3rd is below the poverty line and are struggling for existence, serious malnutrition is there, dearth of funds are there, system is old and outdated and has too much of corruption in it, but people have found solace by adjusting to things to which they should not, as they are being showed what they want to and not the whole thing, Truth is behind the corrupt babu's who are running their strings at the moment, and are giving false implications all the way... Overcoming poverty is not  an easy thing, but if achieved really good things are going to happen, and the future looks really bright for India, if everyone is having the famous dialogue which goes like "Roti, Kapda aur Makaan" (Food, Clothing & Shelter)...
By ANAND M, Freelancer, Human Resources (HR) Consulting  07 12 2010 09:56:21 +0000
 
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There are 2 points raised, 1) The Economic environment and 2) whether poverty can be overcome. As far as the Economy is concerned there is every reason to be optimistic and hope for greater success. But the second point of overcoming poverty is a distant dream and can never happen unless every person and every government at Center and State work concertedly towards population control. Any amount of wealth will get diluted with unrestrained population growth.
By Ramesh Babu, Head/VP/GM- Purchase/Material Mgmt Retired  07 13 2010 05:41:19 +0000
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NO DOUBT COUNTRY S A WHOLE IS GROWING.THERE ARE POSITIVE CHANGES IN LIFESTYLE,COMFORTS,FACILITIES,INCREASED INCOME LEVEL.ONE SHOULD NOT FORGET THE FACT THAT THE DIFFERENCE BETWEEN THE HAVES AND HAVE NOTS ARE WIDELY INCREASING.THERE ARE GLARING DISPARITIES EVEN AMONG STATES.SO  IT IS A NOT A BALANCED GROWTH BUT ONLY A LOPSIDED GROWTH,THAT IS BEING PROJECTED.
By s.baalu , Consultant, XYZ LTD  | 07 20 2010 13:57:26 +0000
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Thanks for invite Anand, and agree with your view.

Have a simple question to all those who keep chanting figures and economics:

What does GDP or economic indices mean to a person toiling hardship and still groping for a square meal? just for survival.

 
By Ravindra Sharma, Managing Consultant, CHEF-India  | 07 13 2010 07:37:57 +0000
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dear Mr Kandadai,

Read your views and just in case you would like to change your opinion:

 "The count of poor is as well increasing" how would you relate this with the policies. The models we are copying may belong to a nation that has likes of Ford foundation and Bill gates as well which we not nt even learning in percentile terms. So copying selectively may not take us anywhere.

 
By Ravindra Sharma, Managing Consultant, CHEF-India  | 07 13 2010 07:37:34 +0000
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The country's GDP is growing and the Indian economy is on its way to becoming one of the biggest economies in the world. However, there are a lot of other issues (corruption, health facilities, etc.) besieging the economy. These issues are also prevalent in other countries at a higher or lesser level.

India is ranked 84, among 180 countries of the world on the worldwide Corruption Perceptions Index (CPI) (in 2009), prepared by independent international agency Transparency International. Thus, unless key issues are solved, the promises forecasted by the Indian economic enviroment will remain a mirage.......
By Badri N Srinivasan, Head - Quality, Valtech India Systems Pvt. Ltd.  | 07 12 2010 14:39:57 +0000
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Anand you are to the point. It is actually the country is growing by way of GDP but the citizens are not growing very surprising. One should break age old shakels and change the whole system of rich and poor in our country and find out a solution otherwise majority of population will remain as it is.

Very unfortunate but true.
By Rathin Deb, Freelance Retail Consultant  | 07 12 2010 13:34:41 +0000
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A very nice argument ,Mr Anand,The false notion is the false motion.
By Mohammad Bakhsh, Project Leader/Managing Consultant, Freelancer  | 07 12 2010 12:01:47 +0000
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Certainly, in my opinion, it is not a false confidence. I look back my salary in late 90's & compare it  today's. I find a remarkable change. Not only in my pay back but also , the facility I had. Its not the inflation. It is of economic growth. The buying capacity, similarly of an  ordinary man, multiplied . Mainly, his earnings & the living conditions, has improved.Many of the people has not seen an AC bus /train but , now, many travels knowingly.See the education front, the quality of education offering instituition has grown well with good patronage of students. There may be a price rise ,still, people do not hesitate to hire a car or buy things that they desire.WHEN I SEE ALL THESE VIRTUAL HAPPENINGS AROUND, I CAN NOT SAY IT IS A FALSE CONFIDENCE.
By KALIYAMOORTHY , Oil & Gas Area Coordinator, Undisclosed  | 07 12 2010 16:59:51 +0000
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Given how we define poverty, as some percentage being below a certain income level, there will always be some one who is poor!!! Before we talk of wiping out poverty, we need to re-visit the definition.

All things said and done, we will always have poor people in any capitalistic market society (No I am not anti capitalist!!!!!0  

We are making a very strong start and standard of living of most cross sections of indian society. Unfortunately the population grows faster than we can fix the problem.

It is an on going situation which will be in the running for a long time to come. After all even the so called developed countries have beggars - one finds them in a city like new york, LA or London.

But i am confident we will get there despite the politicians.
By RAMESH KANDADAI, Principal Consultant, ARM Consultants  | 07 12 2010 11:27:45 +0000
Argue for "Yes, it gives us a false confidence"
Argue for "No, it does not"
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