Rediff.com |  Feedback  
You are here: » Rediff Home » Discussion Boards » Permalink
  
View : Single Message | Complete Thread | Read complete Discussion
India dimming?
by Dr. Babu Nair on May 20, 2005 07:53 PM

The economic indicators you mention were not caused by Indian government's Policies. For example exchange rate of Indian Rs.: the US dollar devalued aginst all the masjor currencies in the world during the past year. Iam not an economist and I do not know how much economics that Rajeev has studied.
Consumer prices increased mainly becuase of record increase in oil prices in the world market.
I can understand Rajeev's sympathy with the India Shining logan holders - the BJP. But the BJP leaders were more corrupt/or equally corrupt as Congress and its allies like Lalu prasad and Ram Vilas Paswan. (Remember Centaur deal? The Tehelka guys who the BJP government ran a vendetta against?. the India shining campaign itelf which spend millions of tax payers money?).
Yes the Marxists fail to acknowledge the changes that have happened in the world in last one and a half decade. But at least you /the Indians who live in the US (I live in the US too)have to see that India is not Bangalore or Hyderabad. You do not understand poverty and issues of poor people. Take a trip on a train from Kerala to Delhi. The villages have not changed in the last 50 years(except for Kerala and south India

    Forward  |  Report abuse
The above message is part of the Discussion Board:
India dimming?