India a new growth Story Once Again

The new government has taken the charge. One good thing with this government will be that they can continue from where they left before the elections. It will have good impact on the economy definitely. With the GDP growth of 6.7 % this year positive vibes have already come in the market and Indian Inc is betting big on next year's GDP growth at 9%.
Even I believe that growth this year ( 2009-10) will be much higher than the last year growth. Let's analyse why?
1) Last year the whole world was under recession which had a negative impact on India also, but the signs of recovery all around the world means good time ahead as compared to previous year.
2) Stable government at the centre means more authoritative style of work with focus on growth.
3) Fast track growth program, for example 100 days program of government should bring great confidence in Indian economy and if it happens it will be a first step in the direction to achieve 9% growth.
4) Opening up the economy for FDI should also result in more FII coming to the country, which should boost the Capital Markets.

Lets hope that everything goes according to what has been planned and I hope that India will be a big growth story again.
Comments invited.

Election Results 2009

Now the Loksabha picture is very clear, Mr. Manmohan Singh will be the next Prime Minister 2nd time in a row, the second person to do so in the history of India after Pt. J.L Nehru.

Many Congratulations to each one who voted this time. It is our support only which will take this country to the new heights.

This time the results shows that the people of this country are getting matured. This time most of the regional parties who played a great role in the government last time have been rejected by the people. Most of these parties were like a game spoiler, blakmailing the government in the power most of the times. I am happy that these such parties will not be the part of new government.

These results bring us the hope of new era in the country, a hope that economy will imrove again, a hope that there will be fast track development now,a hope that there will be greater employment opportunities, a hope there will be reduction in the poverty, a hope there will be more focus on literacy and a hope that India will be a super power by 2020.

I wish the government in power a great success and great journey for next 5 years.

Jai Ho India!