India is a poor country and there should be no denial on accepting that, all the numbers we talk of may appear large and heavy in cumulative numbers but if we ever divide them on per-capita and area basis, we will get to know how sad the real picture is.
Yes, the government is working to make things better, but some things are there we should keep in mind.
The money all around the world has been very cheap since last three years and by now nearly every developed economy has eased or announced to ease as much artificial money as it can in the present scenario. By September 2016, with the end of European QE, cost of international funds would be hitting their bottom.
That the Indian subcontinent has been visited by many international faces from huge economies like the US, China, Japan, Russia etc. , and mind you the speed with which these countries work, if they would have been so serious on their promises they made in building our country, the groundwork at least in this area would have already started.
That the Indian subcontinent has been visited by many international faces from huge economies like the US, China, Japan, Russia etc. , and mind you the speed with which these countries work, if they would have been so serious on their promises they made in building our country, the groundwork at least in this area would have already started.
All those promises that their would be construction of duplicate cities in Varanasi, Ahmedabad etc. would have lighted up by now.
If they would have been so keen to make the Mumbai-Ahmedabad Superspeed Trains, it would have been not only started but would have been completed upto 10-20% and it would have not been going the Grand Indian way that even the feasibility report is still awaited as per the latest budget.(These countries launch a new phone every three months, they really dont work so slow)
The country should thus understand that if in these times, if we are unable to raise money from all around the world, it is going to get only difficult next year onwards. Funds would not only get dearer, as these developed economies would be already gaining some strength in their economies, why would they be so eager to take a share from our growth.
So please make it easy to work here very soon because you need the money very badly, its just like a situation where you have an idea to sell, and also a property to mortgage and raise money but the bank just not clears our loan, even at a time where the bank is dying that someone raises money from it, after all there are even Negative rates in some countries at this point.
