To become a developed country, India’s GDP will have to grow at 12
per cent per year for at least a decade. Technically this is within
reach, since it would require the rate of investment to rise from the
present 28 per cent of GDP to 36 per cent!
My comments on this ILLIUSIONARY ARTICLE talking about ECONOMIC MAGIC WANDS!!
Management
of Economics is not as simple as "Spin Doctoring"!
Dr. Subramaniam Swamy is apparently "Speaking from an Economic Ivory
Tower" Built Inside a "Fairy Land" where 'Economic Magic Wands'
are freely strewn around and are
available at the disposal of any and
every 'Tom Dick and Harry" to just create 'Economic Miracles' like getting
India's ailing economy's present FIVE percent GDP's growth to be Miraculously
'PUMPED UP' like one pumps up a Balloon to even BEYOND that of CHINA's present
7.5 % GDP growth to 12% GDP growth and that too, a growth that can be sustained
for a DECADE in this Volatile Global Economic Recession Period!
One hopes and expects that there should be some Self
Imposed LIMIT to Propaganda and Hype and Hoopla by even the most Ingenious Spin Doctors who are Self
Proclaimed Experts on "Every Thing Under the Sun"!
Shahabuddin Nadeem
April 26,2014
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