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India will remain the fastest growing economy in 2016: World Bank

That's the problem! It hasn't benefited the common man at all! He's stuck in a time warp with no hope of salvation from the high cost of living.

They have been talking about "inclusive development" for all these years, shouldn't there be some positive changes in common people's daily life? From the internet, it is hard to hear their voice though.
 
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What is your take on this article written by your former FM? Obviously, he is not one of those "Move Over, China!" guys in Indian Government.

http://indianexpress.com/article/op...al&utm_source=twitter.com&utm_campaign=buffer

Its a fair analysis for the most part. Criticism should be welcomed and approached as a challenge by this govt.

They must rise above the pettiness of the party this guy belongs too. He himself is a dodgy guy when it comes to corruption (official charges may soon be brought against him)....but his knowledge is quite sound....and he knows how to present it in a certain narrative....to make it in line with his party line. For example he just states the CAD is 30 billion now....but does not give a reference to what it was %-wise before (under his govt, even when India was growing faster). "Not likely to exceed 7% growth" is another glaring erroneous statement...but you know my feeling on GDP growth numbers so no biggie. Same with the trade numbers, he talks about sheer value not volumes...nor actual BoP.

But he is not totally wrong on the general gist that there is not an equivalency in China's loss is India's gain and that India can immediately operationalise and convert from China's opportunity cost etc.

But the point is the criticism seems quite hollow coming from him...given what his administration did (and didnt do)...and his own supposed corruption and even vote rigging.

I much prefer such words to come from people that matter and are 3rd party to Indian politics....if anything to make the message reach the ears of those that need to hear it....without being shrouded by what the author represents and his history etc.. Its generally preferable when the message is bitter unfounded lunacy coming from such a person.....but when there is some truth or even a lot of it....thats bad because many people will think the truth can be safely ignored on account of who wrote it etc.

But the good thing is even within the BJP, I am sure there are a good number of pragmatists who differentiate media articles from ground reality. Their close affinity with the RBI governor (though it may not seem that way, sometimes portrayed as such on purpose) is one such promising link....and there are others (impartial think tanks, analysts and critics who give sound advice and reasoning to those that matter).

So lets see how this year goes.
 
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They have been talking about "inclusive development" for all these years, shouldn't there be some positive changes in common people's daily life? From the internet, it is hard to hear their voice though.
It's a lot of hot air! This so called 'inclusive development' is only on paper. Economists and politicians love to play around with fancy terminology and semantics which means squat to the common man as nothing has moved in that direction so far.
 
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It's a lot of hot air! This so called 'inclusive development' is only on paper. Economists and politicians love to play around with fancy terminology and semantics which means squat to the common man as nothing has moved in that direction so far.

You support any political party or adminstration? Or they are all equally bad?
 
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Yep! The BJP, but they've flattered to deceive! :angry:

Give them a couple years bro and then we will see. We gave Congress 10 years in recent times, what is another 2 years? They have just gotten started (BJP)
 
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Skill India is the concrete plan. It is supposed to cover everything regarding the aspect of labour training. Like we discussed this comes from the larger spending going towards the ITIs and more importantly great cohesiveness and joint-integration with the private industry requirements (from what I have heard). But the real results will only be seen in a couple years time. This years budget will apparently have a really big MSME focus so I expect there to be more policy directive on it...or shortly after the budget. We shall see.



Not enough progress on Education reforms. This will be the main thing to watch out for this year. There has been a marked increase in rural school participation through various programs....but we will have to see either consolidated increase in budget allocation to primary and secondary schools....or something along the lines of a voucher system so greater private school education can reach more.

Actual changes in school teaching and teaching quality will need to come with time....its not all bad, but quite variable. This is a problem in most countries of Asia...even rich ones (rote learning instead of greater creative thought learning). For manufacturing type jobs, its not so important as effective reach and adequate quality and retention....but nonetheless there must be more avenues available to select the brightest minds and have a system in place to properly nourish them at the very least.

The good news regarding this govt in education is they are aggressively pushing through a rating mechanism on reviewing schools and education programs in general. This would indicate they are serious about focusing on allocating the resources appropriately for public school education in the coming years to bring up to a certain minimum standard. There is also great decentralisation of funding...so states will have better control of their education financing and system. This is also very welcome as ill-managed states will be forced to adapt better methods and cannot blame the central govt as much as before....their feet will be held to the fire by their own populations. Indians are not willing to take the same excuses as before....I have seen this more and more on the ground....and thats the real big thing I am optimistic will bring long term change to the country. People have tasted success or seen success....they are not content to sit and be content and be satisfied. The only question is how long it will take...will it be half a generation? Less? A full generation?



I will be watching the budget session of parliament, the budget itself and policy directives this year....so lets see. They have built enough momentum and leverage up, its time to use it decisively.

You may want to read this article by an Indian Think Tank, it was talking about the exact issue that we are discussing:

India unlikely to develop through unskilled labour: ICRIER - Moneycontrol.com
 
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We will rule over you Chinese and break Tibet away from you. wait and Watch,We are Dharmics,Either you are on this side? like Old China or against us (Dharmics..?) Because we will eventually rule you!
We will rule over you Chinese and break Tibet away from you. wait and Watch,We are Dharmics,Either you are on this side? like Old China or against us (Dharmics..?) Because we will eventually rule you!

Adults are talking, go play your Minion!
 
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Adults are talking, go play your Minion!
Oh really? TIBET IS NEVER YOUR ATHEIST COMMUNIST DOMINION I got plenty experience with Zhonguo, so STFU.
Why is it you burn ? when we host DALAI LAMA? why? because you got no answer, Sanatana Dharma,Hindu,Buddhism are the same, we had enough with Communism /maoist! we will come and wipe you off this face.Chinese faced people.Dont want to play as racist, but sometimes it does.So .
 
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