We are reading quite often now a days that Indian economy or world economy is on the road of recovery. Suddenly some credit rating agency says that India's sovereign rating will be downgraded. Some other person comes out and says that economy is growing at less than 5%
Come on...let us get a break from all these nonsense. I call this nonsense, because India is a country of 120 crore people and this economy cannot go down if those who plan make it proper. All 120 crore require shelter, food and clothes. All 120 crore has to be protected. We are traditionally savings driven economy and slowly we are moving into a consumption driven economy like the US and that is probably the reason for these agencies downgrading us. During the ASEAN crisis of early 2000, we were unaffected due to our strong basics. Fast we are losing our uniqueness
I feel that all our sectors focus only on major cities ignoring our small towns and villages and that is our lifeline and the attitude should change
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