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Showing posts from August, 2022

WHEN WILL INDIA BECOME A DEVELOPED COUNTRY???

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 WHEN WILL INDIA BECOME A DEVELOPED COUNTRY????       India - A country with 1.4 billion people, often regarded as a third-world country by westerners, is yet to reach the 5 Trillion dollar Economy. Narendra Modi's Government has anticipated that India's GDP could reach 5 Trillion USD by 2025. Unfortunately, the COVID-19 Pandemic has slowed the growth, and The IMF(International Monetary Fund) has projected that India could reach that target by 2027. The COVID-19 Pandemic has hampered growth but India has managed well to recover from it and grow by 7.4% in 2022. The Russia-Ukraine War threatens the world economy and might push the world into another recession. Higher Inflation in The USA and European Countries is a bad omen for the world's economy. Surprisingly, India has fared well during the war, its inflation rate is well below 7%, and its GDP reached 3.5 Trillion USD in 2022 to become the 5th largest economy in the world by overtaking the United Kingdom.   Ev...

FREEBIES- TIME TICKING BOMB????

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                              FREEBIES- TIME TICKING BOMB???? India is the largest democracy in the world. India has 29 states and 8 Union territories. India has elections now and then in many states and union territories. There are numerous political parties in our country. Their main objective is to win the elections and rule a particular state. So many leaders of these political parties try to woo the public during their political campaigns through fiery speeches and by revealing their political manifestos. Their political manifestos mainly focus on the development of the state in all the departments. Sounds Interesting, right??? But there is also a problem with these political manifestos. They have what you famously call "FREEBIES!!!!". These "FREEBIES" play a pivotal role for the political parties to woo the common public and obtain the vote bank. What are these freebies, why you should be concerned about fr...

INDIAN EDUCATION SYSTEM-A CURSE FOR MILLENNIALS AND GEN-Z

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 INDIAN EDUCATION SYSTEM-A CURSE FOR MILLENNIALS AND GEN-Z India is a country that is home to 1.3 billion people, where 50% population is below the age of 25. The young population is always considered an asset to the nation's development. If a nation aspires to be a global superpower, its youth must strive hard to develop the country socially, economically, and politically. Consider Japan. Japan's population predominantly comprises senior citizens. Their GDP growth was stagnant for the last five years because the working population has drastically reduced. The number of young people in Japan is decreasing consistently, which will affect them economically. Fortunately, India is a country where half of its population is still young India has the potential to be a global superpower if it provides the right opportunities to its youth. India's youth must get access to education and employment opportunities to contribute to its GDP. But unfortunately, this hasn't been the cas...

WEAK QUAD-ADVANTAGE CHINA?

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 WEAK QUAD-ADVANTAGE CHINA? QUAD- A group of 4 countries consisting of the USA, Japan, Australia, and India. QUAD was formed to counter China in the Indo-Pacific and create an Indo-Pacific economic framework. These countries mainly focus on many important aspects such as military, trade, and economic cooperation. QUAD was strong at the beginning but seems to slowly fade away. Former US President Donald Trump was very much determined to counter China in trade and military. He wasn't okay with seeing China becoming a dominant force. To counter China, he must step up and take some aggressive actions toward them. He then was very focused on QUAD. He supported the associated countries of QUAD. Though many people hate Trump, we must agree that he was very active in countering China and building QUAD to what it has risen to today. During Donald's presidential tenure, he imposed tariffs on Chinese goods and he even accused China of meddling in USA's 2018 mid-term elections. It was ...