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Showing posts with the label Industrial Growth

What about India's growth story?

There was tremendous optimism that India would grow quite rapidly. Some even believed that it won't be long when the country would touch and might even surpass China. This expectation grew when our growth  touched 8 per cent and our finance minister expected it to go on..adding more percentages as years passes. Finally there was a bubble bursting effect when it fell all the way to 5%. The industrial growth, especially seems to tumble to its lowest. Will FDI help? Will tourism industry bring in some respite? OR will....will will..will and a lot of wills etc.do the needful ? In the mean while Institutions, producing large numbers of educated youths, are unable to provide satisfying jobs or explanations !! Any more optimism left ?? YES I HOPE SO !!