Thursday, June 27, 2013

Opportunity for India to perform


What ever happens in China, India should take it as an opportunity to put into optimum use of its natural and human resources to put up a brave face and take advantage of the international market where chinese had an upper hand. Our trade deficit with China may be a problem but India can overcome it by strengthening its traditional exports to China and also improving our exports to International markets where China has fallen short and is likely to get hit.Our economy has basic strength but political environment is always a bit of a problem and herein lies the solution. IT is our strength and the economy should think of exporting our IT skills to China to the optimum which will also be helpful to China to find some solace to its own problems.There are areas Where China is weak and India is strong and earlier our Govt identifies and initiates action, the better for our economy to come out of its own present pathetic condition. 

Dr.T.V.Gopalakrishnan

(This comment appeared in ET dated 25/6/13 in response to an Article on 'Troubled Panda could open Pandora's box for India').

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