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Incredible India's melancholy

by78

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Incredible India's melancholy

After previous optimism, the economy is now sick, people are wary, and politics seems unable to inspire the masses.
It's been one month since I returned to India. And after 18 months away in Indonesia, another emerging Asian behemoth, I was filled with optimism and excitement, ready to tackle the subcontinent's plethora of stories again.

But the India I left in 2012 is different to the India I've encountered in recent weeks.

From my very first conversation with a taxi driver on the way out of the airport, to discussions with family and old friends, one thing is clear: India is in despair.

Economically, its chips are down, politically, it's in the doldrums, and socially, it's lost in that strange patch of wilderness between conservative and modern, Indian and "Western".

The nation that I remember, abound with personal, heart warming (and sometimes wrenching) stories of economic miracles; full of optimistic, bright-eyed students with big dreams; and populated by retired folk with fond memories of the nation's emergence on the world stage, seems to have lost its groove.

Sadly, India appears to have gone from hubris to humbled in little over one year.

India's economy is sick, its people are wary, and its politics – observed with a fresh pair of eyes – doesn't seem to be inspiring the masses.

On day one my taxi driver told me there is no justice for the poor. Last night, a friend from India's upper echelons, where money can buy just about anything, told me there's no "real" justice for anyone.

The justice system has more than one billion people begging for better. The brutal gang rape of a woman on a moving bus in New Delhi last year, and the closely watched trial of the accused that ensued, was a tragically perfect example of the lack of faith that Indians have in those that are meant to protect them and the essence of their communities.

A friend recently pointed out that now, desperate for the perpetrators of a whole host of crimes to be punished properly and swiftly, Indians are indiscriminately demanding the death penalty. This, he insists, never used to be the case.

The shock and disappointment of everything from a brutal rape, to a string of corruption scandals, and an ailing economy to boot, have made Indians more suspicious, less forgiving, and increasingly demoralised.

After hearing story after story of disappointment and disillusion, I thought surely next year's national election, the chance to bring about political change, may jump start more positive conversation. This subject too has largely been a dead end.

I get the sense that no one, not the rich and certainly not the poor, can see the light at the end of the tunnel.

Corruption, inefficiency, and systemic decay have taken their toll. And today a nation once drunk with success is trying to find its spark again.

This isn't the mood or the morale I hoped to return to but I'm confident that India will not only learn, but also evolve, through these tough times. It won't be easy but this country's risen from worse before.
 
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Its during tough times a nation rises. Its rise will be led by a humungous mass of over 1 billion people, who will fuel this golden birds flight and lighten up its path.
 
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They will start a war with Pakistan to take the attention away from India's own woes.
 
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The problem with India I think, is over-sensationalism.

Back when they were growing at 8-9%, it was during the global boom years where everyone was growing fast (China even grew at 14.2% in 2007).

But despite having a small economic base, that required several decades of double-digit growth to come to a reasonable level for a developing country of 1+ billion (China took 3 whole decades of double-digit growth), they pre-maturely spun that into some sort of "India superpower" story.

Yet that level of growth was only going on for a few years, not even a decade, let alone three.

Now that the growth has dipped to 4.4%, they have gone into an overly-pessimistic mode instead. Again, over-sensationalism... but this time in the opposite direction.

What happened to "balance", and the "middle path"? China's goal right now, as an $8.3 trillion economy growing at 7.5%, is merely to become a developed nation. To get a GDP per capita of around $10,000 a year within a decade, which will put us in the lowest leagues of the developed nations.

People have to be more realistic, instead of getting over-hyped on a few words of praise from the West. Or a few words from the US Federal reserve, which were all it took to bring the Rupee crashing down.
 
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The media has taken India for a circus based on the report prepared by various foreign analysts - Can't blame the analysts as these are part of various banks and financial institutions and had to prepare the reports for their clients to guide/advice them in their investment options but the media is the one which had created all the sensation - First the overhype about the economy even though the greatness lay atleast 3 decades away with the challenge of a robust performance in those 3 decades and now all the doom and gloom when there is a setback. And next year if the economy picks up after crucial reforms, then it will be the same old sensational news.
 
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The media has taken India for a circus based on the report prepared by various foreign analysts - Can't blame the analysts as these are part of various banks and financial institutions and had to prepare the reports for their clients to guide/advice them in their investment options but the media is the one which had created all the sensation - First the overhype about the economy even though the greatness lay atleast 3 decades away with the challenge of a robust performance in those 3 decades and now all the doom and gloom when there is a setback. And next year if the economy picks up after crucial reforms, then it will be the same old sensational news.

Buddy, you don't need to wait for Indian economic reforms. Just read this post from yesterday. :P

India is doing very well in advanced technologies... in 2 decades India would the technological powerhouse of world...

India will be the technological superpower of future.

CHina is 2 Generation or maybe even 3 generations behind India.
 
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The problem with India I think, is over-sensationalism.

Back when they were growing at 8-9%, it was during the global boom years where everyone was growing fast (China even grew at 14.2% in 2007).

But despite having a small economic base, that required several decades of double-digit growth to come to a reasonable level for a developing country of 1+ billion (China took 3 whole decades of double-digit growth), they pre-maturely spun that into some sort of "India superpower" story.

Yet that level of growth was only going on for a few years, not even a decade, let alone three.

Now that the growth has dipped to 4.4%, they have gone into an overly-pessimistic mode instead. Again, over-sensationalism... but this time in the opposite direction.

What happened to "balance", and the "middle path"? China's goal right now, as an $8.3 trillion economy growing at 7.5%, is merely to become a developed nation. To get a GDP per capita of around $10,000 a year within a decade, which will put us in the lowest leagues of the developed nations.

People have to be more realistic, instead of getting over-hyped on a few words of praise from the West. Or a few words from the US Federal reserve, which were all it took to bring the Rupee crashing down.

Quoted for truth
Only After Kicking out this congress govt can we hope to achieve Economic Prosperity & Return to our former Glory
 
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When you do not get enough attention people often do circus some times, this thread comes in this category.

let this troll die his natural death.

@Indians please do not post in this thread.
 
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