Kuch start

2009 will be a defining year for more than one reason.

 

 

First the General elections 2009.

There are 3 major coalitions this time around and who knows what will be the situation after the polls.

Indian politicians have reputations as Thali ke baigan.

 

The new govt will have many challenges of course. Most importantly how to face this global recession which has hit India touted as virtually non affected by crisis because of certain decoupling theories.

 

But as we see now as the days and events are unfolding that there is more to this recession that just financial system failure.

 

May be globalization.May be not. Past few years each country has become so much dependent on global events that it is impossible to be an island.

Global markets are run mostly by sentiments and with FII/FDI the biggest players in the capital markets the fall was imminent for Indian stock market as well.

 

We as a country has to see if we are resilient enough to bounce back and continue to the path to growth projected by some optimists at 9-10%.

 

India shining and for a moment I thought yes we have acheived something. Now no one can stop us from becoming the next world power.

 

I was wrong and so were the political & media pundits who were fooled by the NDA's surfacial and farce campaign.

Rosy pictures of India painted , the growth measured by the stock market thermometer and true bharat lost/hidden in the publicity blitz.

 

It led to BJP's fall & people understood the power of the common man.

 

Inclusive growth...We will see how this term became talked about in a later post.