Tuesday, February 5, 2013

IMF forecasts India's gowth at 4.5% to lose its tag as the second fasted growing economy


It is unfortunate with all the potential available in terms of natural and human resources we are not able to register and outperform other nations in Good Economic Growth. It is time our politicians bureaucrats , academicians, economists, scientists and technocrats, industrialists, bankers and social reformers sit together and introspect to find out what has gone wrong. People are suffering for want of some very basic necessities like, food shelter and clothing on one side and many are indulging in the highest luxury life in the same country speaks of exploitation and lack of Governance in all areas of production and distribution. This year is being celebrated as Swami Vivekanandas 150th birth anniversary and befitting this occasion the country should take an oath that poverty anywhere will never be tolerated and all irrespective of caste religion, social status etc will work in unity to ensure that the economy progress fast and wealth distribution will be targeted to remove the poverty at all levels. Dr.T.V.Gopalakrishnan ( This comment in response to an article on IMF forecast on India's growth appeared in ET dated 5/2/13)

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