Saturday, October 25, 2008

Do you think Indian economy is over estimated/ hyped?

Things to consider. please feel free to add your points
For..
1. Yes we are growing and i guess faster then the world.
2. We have a large population which if really becomes productive will give us something world has never seen (yet)..


Against.
1. We are way too poor to do anything by ourselves. the gdp of california is double of india (yes if you dont believe search on internet)
2. Government and bureaucrats and even indian industry is corrupt so that sorts of blocks the economy from growing
3. Growth is concentrated is only reaching the already rich people making it meaningless ..

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