Ya'll Nibbiars Sri Lanka is different case now than 5 years ago. Concrate on the basic them every thing is achiables. But with slowing reforms. The double digit growth rate is not achiable currentlys.
Ya'll Nibbiars if you can't have a meaningful conversation then stop quoting my post. And again stop writing novels or change your professions.
Goi will most likely bend to another protest as a result of this reform.
Land labour and education reforms
On the other hand the west will always require a place to make cheap stuff to fuel their consumerism
Ya'll Nibbiars education reform can be made in phases. But the labour reforms is the biggests problems and This farm reforms was a test that we failed.
A stable rupee is possible with minor/ near zero depreciation in the next few years; the rest depends on overall macro and monetary policy and has too many external factors to take into account. Regarding Madhusudan, he is too optimistic; take his projections with truckload of salt.
Ya'll Nibbiars and yes cheap. That whay they will nkt allows us to grown beyond a certain phase. This is the classic middle income economy trap the classic Latin economies cases.
Even the latin American countries are richer than us and are around 8-10k range that wouldn't be the worst thing
For anyone interested on this topic of government led war on its own telecom industry- a tale of stupid CAG, terrified Babudom, Congi corruption, SC incompetence and BJP cuckoldry- watch this. They could make a thriller movie with a depressing end on this.
Better let states take care of them. I am actually impressed the way a few BJP- ruled states are going ahead with agri/ land/ industrial reforms (KA, Guj, Uk to name a few). The GOI could design a model policy and let states handle the rest; something they are attempting in order to stimulate the textile sector (MITRA scheme being a case in point). If a few states want to butter up a privileged few why should the rest of the nation suffer? The large number of 'concurrent' issues don't leave much room for big bang centralized reforms anyway.
Ya'll Nibbiars within the reforms at the central not possible. The state can only do upto a certain level but not over all without the reforms and even with a clear majority. We failed.
Ya'll Nibbiars peches ka bhul age ka dekh. Without changing the current policies nothing can be expected. I can also go on and on about the mistake down in the past. But expecting even this much is to much asking from the GOI.
US$ 7-8 trillion is a baseline scenario. With favourable domestic and international environment even exceeding US$ 8 trillion might be possible (optimistic but still somewhat realistic). All the remaining tall talks on 10 trillion, 20 trillion and what not is nothing but a load of BS because unlike our neighbors our economy won't grow on paper only.
Ya'll Nibbiars I will still take the 7 trillion dollars. As we knew when you grow many nation will become hostile towards you.
