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tally
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17 Aug 2008 19:36
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17 Aug 2008 18:15
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17 Aug 2008 18:10
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Pay commission recommendation are not just a drain on the Govt finances but can also provide tremendous boost to the economy by enhancing demand for various consumer products, housing and education. Govt servant will put this money to only productive use or save. The money spells good for our economy even if there is little increase in deficit financing or inflation....
17 Aug 2008 17:47
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STRENGTH :- 1) High saving rate of 36%. 2) Money supply at or above 20% which may further go up once inflation concerns are fully addressed. 3) Economy uses money much more efficiently. 4) Crude prices coming down, likely to settle down at $80 or so. 5) Long term growth rate of 9% will be sustained may also achieve double digit growth. 7) India Inc becoming ambitious and dreaming of achieving world class standards. 8) Reasonable educational standards which are being further improved / enhanced. 9) People at helms of affairs understand economy and working within the political parameters to achieve the growth. 10) No major conflict between various organs of Govt / state govt / Institutions/SC,HC & Lower courts along with good military to deal with external threat . WEAKNESS :- 1)Fragmented society and polity. 2)Large no of people do not get benefits of development therefore almost half the country violence prone and almost no development taking place. Situation grim but still not out of control.3)Labor force productivity is very low Industry and govt both have to put in lot of effort to improve the situation.OPPORTUNITY:- This state of under development, poverty deprivation to large section itself provides us with huge opportunity for a sustained growth. Country has large areas ready for economic exploitation. THREAT:- Very large and high density of population. More resources will be consumed to look after basic needs. 2) Possible political instability. 3) Religious intolerance and resulting violence may retard the growth. Do share your views and comments. ...
17 Aug 2008 16:27
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Dear zoombusiness, I agree with you. Chandigarh has all the natural infrastructure facilities in terms of education man power and other facilities to grow into a big IT / R&D and higher education center. I suppose Chandigarh admin along with Punjab and Haryana Govt should cooperate with each other to seize this opportunity. Besides Chandigarh, Mohali is taking big strides in development of IT sector. I have not heard big from Panchkula....
17 Aug 2008 16:05
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17 Aug 2008 02:04
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