Wednesday, June 08, 2005

Meeting Foreigners

Its after a long time that i had an opportunity to converse with foreigners. Surprisingly, i find that i share a similar feeling each time, that somehow they are bullish on prospects of India's growth and its culture, while i am being skeptic of both. Certainly, i do agree that the economy has been doing well as indicated by the rising GDP, moderate inflation, good industrial growth and off course, there is the IT sector which is bring good name to the country. what worries me, is the falling investment in infrastructure - both physical and social, employment opportunities, and enterpreunership development. The governemnt is trying to curtail its expenditure to reduce the fiscal deficit. Generally, it has been observed in past that this implies reduction in spending for health and education. This is going affect the quality of life.

1 Comments:

Blogger V said...

If they are putting in the money, they would expect some returns. It's good for us to have then bullish. :-D

3:38 AM  

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