Swachh_Bharat
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India is the Last BRIC standing
Of all the fast-growing BRIC countries, only India’s stands strong right now. Its economy seems perfectly structured to handle our delicate, and dangerous, global market.
A year and a half ago, emerging markets fell into chaos when the Federal Reserve signaled that the American economy had improved enough to end its asset-buying program, and investors began pulling out of foreign markets.
India was in a vulnerable place then — its current account deficit had been at 6.9% in late 2012, and outflows hit the economy hard. Plus, inflation was on the rise and growth was stagnating.
But today, while much of the world is in dark place economically — Brazil is embroiled in a corruption, scandal and sanctions continue to constrain Russia’s economy, China is slowing down, and unemployment persists in the EU — India stands out as a star performer: the one emerging market perfectly positioned for growth.
businessinsider . sg / india-is-now-the-last-bric-standing-2014-11 / # . VHlA_OlxnIU
Of all the fast-growing BRIC countries, only India’s stands strong right now. Its economy seems perfectly structured to handle our delicate, and dangerous, global market.
A year and a half ago, emerging markets fell into chaos when the Federal Reserve signaled that the American economy had improved enough to end its asset-buying program, and investors began pulling out of foreign markets.
India was in a vulnerable place then — its current account deficit had been at 6.9% in late 2012, and outflows hit the economy hard. Plus, inflation was on the rise and growth was stagnating.
But today, while much of the world is in dark place economically — Brazil is embroiled in a corruption, scandal and sanctions continue to constrain Russia’s economy, China is slowing down, and unemployment persists in the EU — India stands out as a star performer: the one emerging market perfectly positioned for growth.
businessinsider . sg / india-is-now-the-last-bric-standing-2014-11 / # . VHlA_OlxnIU
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. Actually US sugesst us to be one of the G2 to rule the world, and we reject it. apparently we are not as ambious as indians. 
