Indian stock Markets are rising and Sensex is crossed over 18000 points due to political stability. Inflation rate is also downfalled drastically and even GDP is also raised. RBI is taking initiative steps to bring down the interest rates by cutting CRR Rate.
But the inequalities of income & wealth is go on raising i.e rich becomes richer and poor become poor. Rates of basic necessaries are as usuall. Puchasing power of common man' deareaseing infact it should increase.even though the standard of living is not coming up what is the use of the Growth.
RE:Economic Growth
by ashish on Oct 11, 2007 05:55 PM Permalink
yes narsingh too and the roads aregettin worse and the pollution is gettin lethal and people still spit and pee ,wonder who is gonna take care of tat
RE:Economic Growth
by V S on Oct 11, 2007 06:13 PM Permalink
Narsingh that does not mean we should stop growing. Govt should develop basic infrastructure and improve governance.
India needs police reforms , political reforms and judicial reforms in order to have holistic growth.
