Is Indian economy improving? - Instablogs
Is Indian economy improving?
Arvind Yadav , Dubai: Mar 29 2009
Made Popular Mar 30 2009
India :

Is Indian economy improving?

The worst is yet to come in Indian Economy: Moody. These are prediction came recently in news by the Moody because they are predicting the Indian GDP.

There are many aspects on which we can say that yes may be the worst situation yet to come for Indian Economy.

Negative factor of Indian Economy:

1. Most of the US and EU based people loosing there job or salary cut.

2. The people who were doing business or outsourcing with these countries are also facing the same problem.

3. Indian Export market highly affected by these fluctuation.
4. Except this those project which was based on these market got cancelled so future growth may be affected.

5. Indian Backbone IT and ITES are completed facing the worst situation now.

Positive factor of Indian Economy:

1. Indian agriculture is some how stagnant condition.

2. Recently government launch a lot of infrastructure development project which can employee a lot of people and by this the future development is possible.

3. Indian one of the most important import was Oil which is 1/3 price which can save a lot of foreign currency.

4. Other sector like steel and cement is some how stagnant.

5. Indian people are mostly based on the Indian standard salary it was neither very high nor very low some the people can manage there financial status easily.

Above all India was very much aware from the beginning that they are going to enter in the worst situation in coming year so the cost cutting, and future projected started on hold. Now if we see the situation of the Property market there are very much silence because of the unexpected hike is completely control.

So, yes all together coming time will be bad we have to learn to face the worst situation.

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1 Stars
Andy
Navi Mumbai, India
Parsis without any political power dominate the businesses in India, Sikhs inspite of minority status remain the richest community. Gujarati muslims are a prosperous lot.
Political power has little connection with prosperity. If one focuses on education (for women especially), encourage hardworks instead of “connections” driven enterprise and most importantly be pragmatic in ones dealings - one can be successful in India.
0 Stars
Israel PPP
LAn, United States
Unemployment in India is characterized by chronic underemployment or disguised unemployment. Government schemes that target eradication of both poverty and unemployment (which in recent decades has sent millions of poor and unskilled people into urban areas in search of livelihoods) attempt to solve the problem, by providing financial assistance for setting up businesses, skill honing, setting up public sector enterprises, reservations in governments, etc. The decreased role of the public sector after liberalization has further underlined the need for focusing on better education and has also put political pressure on further reforms. Unemployment is defined as the numbers of people that are not working that are able and looking, divided by the total labor force. Unemployment is a scourge; the ranks of those afflicted with joblessness are growing, as well as those looking into mortgage loan modification. The national unemployment rate has increased dramatically. Many people are hoping for an end sooner rather than later to unemployment and some debt relief.
1 Stars
Arvind Yadav iimcalarvind.blogspo..
Dubai, United Arab Emirates
Dear Israel PPP, thanks for your valuable comments. One thing is clear that improvement means what we had and we have and what we are going to achieve.

If you are talking about the Joblessness so India definitly suffering in this minor issue and very soon we are under the process to recur it. Those people who was working in oversease will started there own business and now they are providing job and for the ecport market is concern we have already consuming and not based on on export.

Now India have alot buinsee people they are expanding there business from India to oversease. Earlier we are trying for the job now we are providing the job.

these are the issues on which i can definitly say that Indian economy is improving...
(Global Perspectives)
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