Indian Economy: Old Wine in New Bottle!

Hello people!

My name is Parag.

I read most of the responses and I personally believe that wine is improving. The rate of improvement with respect to time is slow. May be some of you know about the term CAPITALISM 24902. That means to bring capitalism to the whole world. That implies creating more and more entrepreneurs in the world. (24902 is perimeter of earth). Here I am talking globally but it will definitely serve at national level.

Like all the private companies should provide more and more support in terms of money, strategy, ideas to the wanna be entrepreneurs so that they can develop and create employment. It will eventually lead to rise in GDP and country will prosper and yeah we are definitely forgetting the backbone of our economy i.e. AGRICULTURE. Government is spending a lot but due to lack of education, corruption and awareness our farmers aren't able to utilize it properly.

So I think to make the wine fresh or keeping it with the pace of changing bottles we need to unite instead of the diversity which is our strength and work for each other. LIVE AND LET LIVE.

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, it's different from the ancient wine. Since 1991, liberalization, urbanization, globalization, has changed the Indian economy.

Our economy is moving for better achievement. After independence Indian economy has raised its flag of success.

The educated or literate people 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 booming 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 better. Our country's GDP rate has been increasing. The literacy 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 and willingness to do work. Some new and intelligent politicians are in our country who visiting in the every state of our country and trying to the economic condition of every state.

Therefore, I want to suggest that try to encourage our youngster by which they come forward help to change the wine very costly, so that nobody can destroy it!

Hi freinds, according to me India is growing economically well, but what is hepening that we pepole are not doing our own job in good manner i.e. self responsibility. Beside blaming to other just see inside how much we are shouldering our resposiblity, everybody running behind the money. Rationialisation on growth no body is giving attention. If we stop black marketing, give proper eductation to the villagers to know about their right. Stop export items which more in demands in our country import essential commodity.

Our discussion is about India economy is old wine in new bottle. This is absolutely correct because of the reason uneducated and less thinking power people entered into the politics. Number of scientists and great persons born on our country but they thoughts and mind power buying on other countries because our country does not provide any sources to prove their abilities. These reasons India is developing country and other countries are developed countries. Finally I conclude that people choose correct politician.

Trade union is a weapon of the disrupted workers. Whenever industrial authority tortures workers to work inhumanly and deprive them of their financial support, helpless workers will be speechless audience due to social and financial impact of the management authority. Growth of economy does mean growth of garner of country with people from different sectors. If workers are deprived of their financial justice, their children will suffer from lack of nutrition, education etc. Food, cloth, home is man's primitive demand. If they deprived of it, they can not work most efficiently. Then also industrial product will be less than the previous. So growth of economy will be victim of it.

We also keep in mind that workers are not like commodities sold in the market. They also have their right to protest against injustice. Besides growth of economy does not mean only growth of the financial garner of country as well as people from the upper rank of society. It is because government of the people, by the people, for the people. If people from different sectors can live with sufficient financial support, then manpower can be utilized better for the growth of economy.

Good morning everyone the topic today given to us is Indian Economy Old Wine in New Bottle and according to me Indian economy is one of the biggest economy of the world we are having a huge amount of possibilities but every one is not aware of it, the biggest problem of our country is our peoples we always have excuses or we always blame others never tried to see our self what we are doing we are the young generation and we are the pillars of our country so instead of blames others or our economy we have to take initiatives. As we all knows old is gold so its totally depends on us how we start to grasp new technology, opportunities from the market by having our old economy.

Well India economy is new wine in old bottle thanks to our prime minister monmohan singh. Then the finance minister of India in 1991 which brings the economy reforms which changes all. Before 1991 the agriculture contributes 75% to the countries GDP and services sector contributes 15% but now services sector contributes 75 and agriculture contributes 15%. Nowdays there is huge inflow cash from fII and FDI all major firms are to our market (india) such as wall mart because India economy is new wine in old bottle not old wine in new bottle.

Hello everyone.

I Think Indian economy run on public but now days this economy run by politics people he will doing whatever that are like he will think for him self and cannot think about development.

Hello everyone. I would like to share a few words about Indian economy and why its still lacking behind in achieving successful economy. I agree with many who have shared their views here that its mainly because inefficient utilization of the resources which we are gifted with.

We are unaware of human resource which we have and its a main strength of the country and its not directed properly. Good quality education is must to create awareness of all these and lead the nation in right way.

Agriculture is the backbone of our country it has to be improved using the modern technology. But our govt are giving minor priority to the agriculture sector. Mainly the politicians who rule the nation are corrupted and only running behind the money.

So we, the youths who are the present and future of our country has to think seriously about this have to educate our neighbors relatives each n everyone regarding the economic crisis we have been facing. We have the right to elect the good leader who can lead us in good direction and develop our nation in right way.

I agree with all of you, politics, new economic policies, new RBI governor all are playing a lead role in making India a country worth living but have you ever wondered about a country in which people can dream big. I am a student and can say that we are living in a world in which we are thinking about a secure live rather than a challenging one. Yes there is a need to change the old policies prevailing in India; now we the youths of new India have to come out of our shelter and show some bright light to our people.

We cannot change the world in one day, we can contribute step by step. Firstly we have to gain deep knowledge about the issues our India is suffering from and educate peoples to make them aware of their rights. Its high time and we need to gear up.