Wednesday, 18 May 2011

The Lying Growth

India was among the few countries that survived the recent economic crisis. So they say. Yes India did had positive growth rate but that is just a fascade of the muck hidden way down below. Economic growth is necessary as it is the indicator of the country's performance and many comes here with the investment and hopes for big profitability. My main focus is not growth but lack of development. Yes we had been living shelter life but  the recent events has brought bitterness to every one's mouth.

Growth is not so significant if the welfare and development of the people are ignored. The inflation, price rises and corruption is just bringing us shame and shambles. I am still wondering how are we going to survive this. And this me, sitting in an air condition room infront of the computer screen and having the leisure time to talk bull. What about the people who are not so lucky,who are actually facing the may heat head on. Their pockets are pinching more than mine at the moment. Is this the right way to achieve economic growth? where is the development in the whole equation? so people suppose to know that there is economic growth. What's the point in that? Only an economist would appreciate but for the lay man,all this growth means nothing if it can't help a man in making and living a respectful and decent life.

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