India’s Economy and its Growth and fallout $tory

What is that changing in India is indeed a bad question, one must ask what is not changing in India and the simplest answer would be the condition of marginalized section of India?
India’s mixed economy policy is more of capitalist and less of Socialist in nature. India’s economy is not the same as it was some 40 years back and last 2 decade one can see India’s growth. 2003-04 we have seen 8% GDP growth and so inflation. India’s growth is contradictory and one sided that is toward the elites. Acknowledged as the next super power, India is proving to be a tough competitor for China. It is noteworthy that everybody is bringing laurels for this country, which is good. India also became the proud manufacturer of the world’s smallest car sad thing is that we unable to provide house for poor at that rate, and thanks to telecom revolution, Indian villages have gone global. One have to understand and observe various stand taken by India in due course of it economy policy making, from India’s Non- alignment supporter to accepting SEZ’s policy, the debate around Public partnership to various deal across border specially with neighboring country. At that same time not to neglect that current status of India as developing Nation what kind of policy it enforce upon undeveloped country.
The role of oppressed as a oppressor, India was oppressed by colonial and then US and India oppressing South Africa and Bangladesh country.

In the latest Budget speech by our dear Finance Minister he said that, this budget belongs to the ‘Aam Aadmi’. It belongs to the farmer, the agriculturist, the entrepreneur and the investor. The opportunity is great. The time is right. (Pranab Mukherjee, Budget Speech, 2010-11). It’s time to look at dying Bharat and not just shining India

India has given Arthasastra to the world, and then the world learned about Economics, Politics and Administration. The Indian Economy is a explosive story. It is consumption led than export led, growth with democracy, growth with service than manufacturing and entrepreneurial than Government led. Economy transformed from primarily agriculture, forestry and fishing in 1947 to Heavy industries and telecommunications industries in the late 1970s shows India’s Stand at various stage. India will emerge as a SUPERPOWER or not but it will be emerge after suppressing and demolishing the want of its people. Our economy has to answer few important people.
Since 1197 when the statics were 1st recorded 25, 00 farmers have taken their lives in India.
5.7 million Indians have IADS or HIV out of which 40% are women
We have only one doctor for every 1,230 people
We only have one hospital bed for every 74 patients who need one.
Despite of this statistic, the Indian government spends more on defense than it does on health
Our literacy rate is 61% making us the 145th in the world , just above war torn Sudan and just below genocidal Rwanda.
345 million Indians lives under the poverty line.
7.2% of all Indians are unemployed- India comes in at 94th in terms of employments.
So, o end with, In our boundless optimism for India’s future we should not forget the vast sections of society for whom the phrase “ India Shining” is utterly meaningless.