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  1. R

    Indian Economy: News and Discussion

    Out of the 5 problems you mentioned the government tried to address 3 of them Land, Agriculture & Labour. The first two were withdrawn after severe backlash & the 3rd is left hanging, anticipating a backlash. But the government is partially trying to address the issue to some extent. Like...
  2. R

    Indian Economy: News and Discussion

    The entire city is under siege. This comes at a time when we are getting a new iphone factory in Bangalore with 60,000 new hiring. And seems like this has been going on in China since the end of October.
  3. R

    Indian Economy: News and Discussion

    Guys the financial policies of UPA would only be as good as the chief economists advising them. Rajan & Basu are still of the opinion that India should primarily be a service based economy & we should not invest so heavily on manufacturing. Even though they acknowledge that the Western Nations...
  4. R

    Indian Economy: News and Discussion

    There are several factors, I believe that gave us a high gdp growth rate. The size of the Indian economy was too small. So there was a factor of low base effect. Even South Korea had a higher GDP than India till 2005. The Dollar exchange rate was remarkable stable at around 45-50 Rs through out...
  5. R

    Indian Economy: News and Discussion

    Your argument isn't valid. India is a consumer driven economy & the episodes of boom & burst in economic growth is a natural characteristic of our economy. (Data is taken from an RBI report) If we want a sustained growth rate, we have to have a transition from a consumer driven model towards...
  6. R

    Indian Economy: News and Discussion

    So a member claimed that Vietnam & Bangladesh's exports grew in the last few months where as India's exports remain stuck. I tried to verify the data. But what I found doesn't seem to back such a claim. Take a look. Bangladesh's exports declined by 6.25 % in value. But what's more jarring is...
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