Enough of Dancing. The Party is Over now.
"India has got enough of shining. Naah, no more allowed. You have got your quota."
Thats not any other ridiculous statement made by a novice like me. If we go with the analysis of leading economists of our age, India is going to face a big economic trauma. After a long spell of large FDI investment, we are running in a complete void. Since globalisation FDI has been a large contributor towards stabilisation of rupee in world market. With roaring price of crude oil touching the sky-high limits and India being among the top runner in crude import, we cant even dare to think of stabilised rupee in our rarest of thoughts.
If thats not enough we are having a divided policy between the different fragments of central goverments. There have been a long rift between congress and its supporting parties on the economic decisions. We are still oscillating on gas deals with Iran. I know it wont linger around for any more days. Hydrocarbons being a supply driven sector, they r going to get another buyer.
Although there is an appreciable progress on the front of relations with USA, still we have miles to go. The chances of a bulge of american companies investing in transportation sector and infrastructure of India still hangs in the air with american congress putting a big question mark on the issue.
If we continue to run on the same tracks, it wont be far when we discover a big slack on economic front with our name in highlight among the biggest failures of the running century. The government has to get wake up in these wee hours and scintillate the world with a comeback.
It is high time for "Do or Die."
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