Indian Economy: Old Wine in New Bottle!
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105 comments Page 2 of 11.
Kaustubh U said:
1 decade ago
How many remember the name of 'ARCHARYA CHANAKYA'? The great Indian Economist. His thought are known as 'CHANAKYANITI'. I am telling this because the topic directly get related to 'CHANAKYANITI'.
-Chankya was responsible for the thought process of SINGLE NATION in the era of different kingdoms within the boundary of India. Chanakya talked about the dirty politics and the remedies to handle it.
-He pin pointed the importance of teacher in building the one nation.
-He was only the person who actually finishes the rule of 'KING DHANANAD', the most corrupted king of MHAGADH kingdom, without having a battle with him.
-He was the person who united all kingdoms when ALEXANDER the great attacked from north. Under his guidance only kingdoms like PANCHALI, NEPAL Naresh etc. Which were on boundaries got united against ALEXANDER though they were rivals of each other.
-Chankya gave a lessons to his student about their responsibilities toward the nation.
-He told the importance of Agriculture and Trading between kingdom.
---- Now tell me all my dear friends is this a complete match of Indian Economy? which includes.
1. United INDIA in different states.
2. Trading and agriculture within country and outside too.
3. Corruption in politicians, As remedy and chance of correction, Election that is to be held after every 5 years.
4. Importance of Education as a backbone of Indian Economy.
These are the main pillars of Indian Economy. Smoothness in this in addition of the aspects of globalization and international economy is nothing but today's economy.
The same case with wine also, IT IS NOT ABOUT THE FAKE WINE OR SOMETHING, older wine is amazing at its taste, smell and its fully fermented ingredients.
SO YES INDIAN ECONOMY IS OLD WINE IN NEW BOTTLE.
-Chankya was responsible for the thought process of SINGLE NATION in the era of different kingdoms within the boundary of India. Chanakya talked about the dirty politics and the remedies to handle it.
-He pin pointed the importance of teacher in building the one nation.
-He was only the person who actually finishes the rule of 'KING DHANANAD', the most corrupted king of MHAGADH kingdom, without having a battle with him.
-He was the person who united all kingdoms when ALEXANDER the great attacked from north. Under his guidance only kingdoms like PANCHALI, NEPAL Naresh etc. Which were on boundaries got united against ALEXANDER though they were rivals of each other.
-Chankya gave a lessons to his student about their responsibilities toward the nation.
-He told the importance of Agriculture and Trading between kingdom.
---- Now tell me all my dear friends is this a complete match of Indian Economy? which includes.
1. United INDIA in different states.
2. Trading and agriculture within country and outside too.
3. Corruption in politicians, As remedy and chance of correction, Election that is to be held after every 5 years.
4. Importance of Education as a backbone of Indian Economy.
These are the main pillars of Indian Economy. Smoothness in this in addition of the aspects of globalization and international economy is nothing but today's economy.
The same case with wine also, IT IS NOT ABOUT THE FAKE WINE OR SOMETHING, older wine is amazing at its taste, smell and its fully fermented ingredients.
SO YES INDIAN ECONOMY IS OLD WINE IN NEW BOTTLE.
(72)
Charan said:
9 years ago
Hello, friends.
Many of you said your opinion but I'm differing with you, the economy of India is the seventh largest economy in the world. The country is classified as a newly industrialized country. One of the G-20 major economies, a member of BRICS and a developing economy with an average growth rate of approximately 7% over the last two decades. The long-term growth perspective of the Indian economy is positive due to its young population, corresponding low dependency ratio, healthy savings and investment rates, and increasing integration into the global economy. The Indian economy has the potential to become the world's 3rd-largest economy by the next decade, and one of the largest economies by mid-century.
Yes, we have politicians who are corrupted and we do face lots of scams in the last few decades. However India is the largest democratic country, we Indians failed to select and elect least corrupt politicians.
But people are changing their attitudes, future India is younger's India. We, young people, are the future of the India. "Little drops of rain makes a mighty ocean". Thanking you for a better India.
Many of you said your opinion but I'm differing with you, the economy of India is the seventh largest economy in the world. The country is classified as a newly industrialized country. One of the G-20 major economies, a member of BRICS and a developing economy with an average growth rate of approximately 7% over the last two decades. The long-term growth perspective of the Indian economy is positive due to its young population, corresponding low dependency ratio, healthy savings and investment rates, and increasing integration into the global economy. The Indian economy has the potential to become the world's 3rd-largest economy by the next decade, and one of the largest economies by mid-century.
Yes, we have politicians who are corrupted and we do face lots of scams in the last few decades. However India is the largest democratic country, we Indians failed to select and elect least corrupt politicians.
But people are changing their attitudes, future India is younger's India. We, young people, are the future of the India. "Little drops of rain makes a mighty ocean". Thanking you for a better India.
(70)
Devesh sharma said:
1 decade ago
Dear friend,
As per my point of view Indian economy is totally depend on political aspect. We should keep in our mind economy is ultimately depend on political leader, if political leader will young n free from corruption then Indian economy will be so bright.
As per my point of view Indian economy is totally depend on political aspect. We should keep in our mind economy is ultimately depend on political leader, if political leader will young n free from corruption then Indian economy will be so bright.
(68)
Ajay said:
1 decade ago
This is Ajay. Surely Indian economy follows the title of the discussion. To be very true India has great potentials but the real problem or misfortune of India is that its potentials are not being utilized the way they should be. One live example of it is the reservation in education system as well as in giving of jobs at bureaucratic levels.
The students who are more meritorious and talented and score more marks compared to reservation category students, don't get preference even when they have scored well. In short selection must be on merit basis and not on the cat/creed basis i.e. resource personnel must be selected irrespective of their casts. Only then the real potential of India would be used and the above said title about India would abolish.
The students who are more meritorious and talented and score more marks compared to reservation category students, don't get preference even when they have scored well. In short selection must be on merit basis and not on the cat/creed basis i.e. resource personnel must be selected irrespective of their casts. Only then the real potential of India would be used and the above said title about India would abolish.
(64)
Jyotsna Yadav said:
1 decade ago
Hi
Today i m speaking on the topic.
INDIAN ECONOMY AS THE OLD WINE IN NEW BOTTLE, I disagree with this statement. Indian economy is the new wine in the old bottle. The whole outline is old but the inner beauty is new,its different from the encient wine. Since 1991, libralization,urbanization, globalization, has changed the Indian economy.
Our economy is moving for better acheivement. After independence Indian economy has raised its flag of success.
The educated or litterate peopl of India who are in now foreign countries should come in their country. Many Indians are working in other countries. They are working their for the development of that country . They are helping in to improve their economic conditions. But those Indian people who in other countries should come in their countries. They should come in India. It will help us to improve our economic conditions.
We are seeing that by 1991 the Indian public sector and the private sector are boomong in all over the world. These sectors are providing employment to the unemployed person but willing to do work. By this the economic condition is becoming beter. Our country's GDP rate has been increasing . The litteracy level of our country is also increasing.
In the past years on our country only agriculture was in more use but now the manufacturing and service sector is in demand and making more profits.People have their talent n wllingness to do work. Some new and intelligent politicians are in our country (sachin pailot,Rahul Gandhi n etc)who visiting in the every staste of our country n trying to the economic condition of every staste.
Therefore ,i want to suggest that try to encourage our youngesterby which they come forward help to change the wine very costly ,so that nobody can destroy it!
Today i m speaking on the topic.
INDIAN ECONOMY AS THE OLD WINE IN NEW BOTTLE, I disagree with this statement. Indian economy is the new wine in the old bottle. The whole outline is old but the inner beauty is new,its different from the encient wine. Since 1991, libralization,urbanization, globalization, has changed the Indian economy.
Our economy is moving for better acheivement. After independence Indian economy has raised its flag of success.
The educated or litterate peopl of India who are in now foreign countries should come in their country. Many Indians are working in other countries. They are working their for the development of that country . They are helping in to improve their economic conditions. But those Indian people who in other countries should come in their countries. They should come in India. It will help us to improve our economic conditions.
We are seeing that by 1991 the Indian public sector and the private sector are boomong in all over the world. These sectors are providing employment to the unemployed person but willing to do work. By this the economic condition is becoming beter. Our country's GDP rate has been increasing . The litteracy level of our country is also increasing.
In the past years on our country only agriculture was in more use but now the manufacturing and service sector is in demand and making more profits.People have their talent n wllingness to do work. Some new and intelligent politicians are in our country (sachin pailot,Rahul Gandhi n etc)who visiting in the every staste of our country n trying to the economic condition of every staste.
Therefore ,i want to suggest that try to encourage our youngesterby which they come forward help to change the wine very costly ,so that nobody can destroy it!
(60)
Rajat Roy said:
1 decade ago
Given argument implies - "Is the core of Indian economy unfit for the new age and only a show off to the world?".
Yes, very much agreeable because the momentum of old economy is still there and can only be renewed by younger generation, outward shining will only please your mind.
But despite, I would say Indian economy is a fresh and strong wine being served un-chilled with added water.
We all think we are lagging behind because our skills are being misused because of corruption. We believe that we can go far beyond.
It is not only the administration or the corporate to be blamed for poor strategy, but also we people, yes the common you and me.
Because, it is a chain, you cannot deny it. If here at the lowest level is you and me hoping for the right strategies by the authorities, then there is also a same you and me at the top level hoping for their employees to give their best.
Then what happened? why is it not working? Its not working because we usually don't feel like it. To be a unit. The best we can think is. "I have enough potential to change everything, but if I work hard, will the other employees work hard as me, is the boss paying attention to my hard-work, will I be rewarded for it or all my work will be demolished by corruption?".
If a single member gives up, the chain is broken and scattered. It is unable to drive the economy. It will produce only a GDP of iron piece/kg.
On the other hand if we want to do something really powerful. The best thing to do is simply work hard as per our potential without a second thought.
Because you don't work hard for the reward, reward is destined to come after the hard work.
You and me are the most vital person in the whole world, our product is the only input to our superiors which in turn is the only input for the reward we are looking for. And if you worry about corruption, then I can say, if the seed sown is pure, then corruption is a parasite and will be eliminated by the whole body.
Yes, very much agreeable because the momentum of old economy is still there and can only be renewed by younger generation, outward shining will only please your mind.
But despite, I would say Indian economy is a fresh and strong wine being served un-chilled with added water.
We all think we are lagging behind because our skills are being misused because of corruption. We believe that we can go far beyond.
It is not only the administration or the corporate to be blamed for poor strategy, but also we people, yes the common you and me.
Because, it is a chain, you cannot deny it. If here at the lowest level is you and me hoping for the right strategies by the authorities, then there is also a same you and me at the top level hoping for their employees to give their best.
Then what happened? why is it not working? Its not working because we usually don't feel like it. To be a unit. The best we can think is. "I have enough potential to change everything, but if I work hard, will the other employees work hard as me, is the boss paying attention to my hard-work, will I be rewarded for it or all my work will be demolished by corruption?".
If a single member gives up, the chain is broken and scattered. It is unable to drive the economy. It will produce only a GDP of iron piece/kg.
On the other hand if we want to do something really powerful. The best thing to do is simply work hard as per our potential without a second thought.
Because you don't work hard for the reward, reward is destined to come after the hard work.
You and me are the most vital person in the whole world, our product is the only input to our superiors which in turn is the only input for the reward we are looking for. And if you worry about corruption, then I can say, if the seed sown is pure, then corruption is a parasite and will be eliminated by the whole body.
(59)
Jithin said:
8 years ago
India is a one of the largest growing economy in the world. India has a vast history was ruled by many like Mughals, British etc. But if we see from 1947 India fight it's own war get its place in fast growing economy. After implementation of LPG in 90's India opened its doors for whole world to invest in India. Now in 2017 India's GDP crossed 7. But due GST and demonetization, GDP came down to 5.9 but it will recover in a long run. In technology, infrastructure, defense India is growing at a fast pace. Once the slow down is over India will able generate more jobs and control inflation. By 2030 India will be the powerful nation with a developed economy.
(57)
Megha said:
1 decade ago
Hello every one,
As per as my view is concern I think that the statement, Indian economy old wine in new bottle is partially true because our economy is rising in its way but not that much, it should be, this is the reason why we are still a developing country. The major problem is that cost of living or you can say that our living standard is rising day by day but the income of common man is yet the same as it was in the past.
As per as my view is concern I think that the statement, Indian economy old wine in new bottle is partially true because our economy is rising in its way but not that much, it should be, this is the reason why we are still a developing country. The major problem is that cost of living or you can say that our living standard is rising day by day but the income of common man is yet the same as it was in the past.
(54)
Sujev said:
8 years ago
Hi, I agree with everyone, that we want to develop our country, but our government Want to increase the GDP by increasing export. Our government Exporting the 1st quality products to other countries and then at the same time buying the 3rd quality products from other countries. This means that our government Is Corrupting our country. What is need of doing like this? Our government Is good in planning and presenting in the paper but not fulfilling the things shown in the paper.
(54)
Akshay said:
9 years ago
In my opinion I totally against the statement of Indian economy old wine in new bottle.
I think it's totally opposite.
Indian economy in new bottle old wine. Cause India's economy is the 7th largest economy in the world moving toward development at the growth rate of approx 5%, there is a lot of reforms related to education, infrastructure, industry, employment are being created. Lots of FDI getting into India. I think India will be the developed economy in next few year.
I think it's totally opposite.
Indian economy in new bottle old wine. Cause India's economy is the 7th largest economy in the world moving toward development at the growth rate of approx 5%, there is a lot of reforms related to education, infrastructure, industry, employment are being created. Lots of FDI getting into India. I think India will be the developed economy in next few year.
(52)
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