The Web


Home > Business > Message Board

January 30, 2004

GDP growth is estimated at a stunning 8 percent-plus.

Foreign exchange reserves are at over $103 billion.

The stockmarket is going through the roof.

Check out the mushrooming malls, improving telecom connectivity, booming industry.

A great monsoon last year has heralded greater growth.

The government has ambitious plans to link rivers, to build superhighways -- both concrete and wireless, criss-crossing the nation.

A South Asia Free Trade Agreement has been created.

Plus radical economic and strategic pacts with the United States, the European Union, and Southeast Asia.

There is no better time to be an Indian, declares Prime Minister Atal Bihari Vajpayee.

The nationwide media blitz -- India Shining -- would have us believe that we are now looking at a resurgent India, an economic and military powerhouse striding firmly towards its rightful place in the world.

But there are many who disagree.

Global corporations cite corruption, red tape, high inflation, poor laws and an infirm infrastructure as reasons for their not wishing to invest in India.

Opposition parties call it a pre-election gimmick.

Economists say many million Indians still do not have access to potable water, electricity, decent housing or even good roads.

And literacy rates are appalling.

Foreign policy pundits compare India unfavourably with China's phenomenal rate of growth and environmentalists point to the growing ecological ravages due to unchecked industrial growth.

Is India really shining?

Why do you think so?

Do you think the 'feel good' factor sweeping India is more imaginary than real?

What does India need to do to become an economic superpower?

Tell us.

The world wants to hear you.

Share your comments

Other Message Boards

Share your comments

 What do you think about the story?

Read what others have to say:

Number of User Comments: 608

Sub: India Is Shinining....

Dear Indians, According to me India has achieved historic events under the regime of PM. Forex reserves, good relations with pakistan, Stock market at a ...

Posted by Bhargav

Sub: India Shining

Yes, Really India is shining. It is the Power of Positive thinking. If you think that every thing will be good definetly all good things ...

Posted by Mahendra Chinta

Sub: India Shining

Even if you call it a politcal gimmick, it is a gimmick well thought about. You cannot escape the fact that India does shine now ...

Posted by Mahadeva Iyer

Sub: India is shining...bright!

There is no doubt that India is shining! And shining it is brightly! Nothing happens in a day. After 9 months of labour alone is ...

Posted by Vivek

Sub: India is Shining

Dear fellow Indians, I have gone through some of these messages. It is better to concentrate on statistics, numbers and raw facts than that of ...

Posted by Venkat


Article Tools
Email this article
Top emailed links
Print this article
Discuss this article

Related Stories

The missing picture in the ad

Deconstructing 8 per cent

India grows at 8.4% in Q2

People Who Read This Also Read

Forex reserves rise to $103.82bn

How real is the shine?

India's economic miracle

Copyright © 2005 India Limited. All Rights Reserved.