As India celebrates her 59th independence day the optimistic tides are splashing all around. Exceptions are part of any system so let’s discard any non-optimistic comments. Growth is the buzz word ringing. Second fastest rowing economy in the world next only to China! Export numbers growing, average life expectancy going up, access to information technology increasing users and their reach far plus wide.
Indian business tycoons from Lakshmi mittal to Vijay mallya have officially stamped their presence through global acquisitions. 8’o Clock coffee is to have Indian aroma all 24 hrs after Tata Coffee buying it out ! Recent IATA conference invited Indian civil aviation minister and IA chief for the first time in years stressing the importance of our aviation sector flying globally ! Cancer drugs expected by biocon in a few years and AIDS trial have already kicked off .
According to World Bank social indicator, India has reduced her poverty to 25% from 50% in 1950’s, life expectancy going up to 63 from 49. Though WB warns of hurdles ahead. Factors like oil prices, monsoon, poverty , rural development are to be looked after. India is in the way of the “Millennium development Goal” commitment to reduce poverty by 2015 !
Scientific progress too has been on success strides. Defense, space and nuclear technologies have been on growth lane. Indirectly a lot of spin-off’s are benefiting the masses in providing energy and security. IT is our core competence! Telecommunication has been the backbone of connectivity shrinking our space and time!
Few years back I heard an international business man comment “IT – India & china” . Almost anonymous view that Tiger and Dragon are to rule the century through their economic supremacy! As world enters new international dimension in relationships we should be malleable responsible state in world affairs!
As India enters 60th independent year with more than 60% youth power, we all set for an exciting future ! The Indian geography has a long history besides transforming into scientific economy! Balance of payments look good as our ForEx reserves are over $150 bn ! That enables us to clear all our external debts in one go & still have balance left ! Though hypothetical, even this was considered insane in early 1990’s ! Indian economy has come along way , reflection of our fundamentally sound policies .
The right words of Charles dickens reflect our state of being today – “ We are in best of times and worst of times”. Worst - because of today’s terror, hindrances do crop up. We do realize our long journey, but with her characteristic diversified unity and charismatic appeal India will march ahead – confidently and youthfully!!
Jai hind !
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