Can we give a new twist to Indian Economy?

Discussion in 'Economy & Infrastructure' started by Yuva, Mar 18, 2010.

  1. Yuva

    Yuva New Member

    Indian economy is based on the traditional means. Agriculture is the main source of income. It’s true that if we depend only on agriculture the growth rate will be low. But we can never ignore the agricultural sector. It’s the mother of all industries.

    The industrial sector in India is also growing. Due to low cost of production, many companies have established their manufacturing hubs in India. The Indian companies have also started getting huge orders from the foreign companies.

    Apart from the traditional sources of income, we can discover new sources of income for India-close. It’s the time to give a new twist to the economy of India. What are the alternate way through which we the Indians can open new windows of income opportunities? Through outsourcing Indian has already earning millions of dollars. Is there any such prospective way through which we can earn more and more foreign revenues?

    It’s the age of ideas. The persons with better ideas will emerge as the winners. Imagine the situation as if the owners of Google, Youtube, or Facebook are Indians and based in India.

    Are we ready to create waves in Indian economy by our innovative ideas?
     


  2. saledekho

    saledekho Guest

    Ya of course we can give a New twist in Indian economy

    we have to keep on some point like

    1. Work for India don't work for other country.
    2. our money should be in India.
    3. India should produce more entrepreneur.
    4 try to buy only Indian product
     
  3. warrior

    warrior New Member

    India in the making

    To give a new and versatile aspect to the developing Indian economy it’s the people who have to work on it. Complete Indianness is to be achieves as to keep our resources confine d to ourselves only. Cottage industries should be encouraged and more and more managers should leave their paid jobs to start business of their own.
     
  4. Suryavanshi

    Suryavanshi New Member

    Can we give twist to Indian Economy?

    We can surely give new twist to Indian economy, by taking some preventive measure regarding spending of money and reducing importing of products. By promoting Agriculture and small scale industries we can surely give a lift to Indian economic conditions. We should also explore new venture which are completely independent of foreign support. Also by solving other India’s existing issues of employment and illiteracy we can surely give a boost to Indian economy.
     
  5. Idiotbox

    Idiotbox New Member

    yes i think giving new twist in favor of indian economy is not a big dream. we can firstly draw some conclusions based on existing economy in india. we rely mostly on foreign nations for any technology and bring to india paying high prices. instead of this india can invest money in R&D and have its own technology. this will save lots of indian money. also it should curb the flow of black money to foreign banks and such looters must be prosecuted.
     
  6. R2India

    R2India New Member

    yes definitely we can give a new horizon to the indian economy. there are several failures in the indian economic reforms which can be thoroughly analyzed by highly qualified analysts and errors should be removed and new policies must be started for new goals. it is all upto the government to take such important decisions.
     
  7. livelyfire

    livelyfire New Member

    Indian economy really need a big twist. We are following the the western culture blatantly, but in a wrong direction. We are not at all following their work culture and work attitude. The Indian economy is largely in the hands of big entrepreneurs and they are not allowing small business to grow because of loop holes of our political policies.

    Regards
     
  8. Leader

    Leader New Member

    Yes of course! We can give a new twist to indian economy by simply increasing investment in agricultural and textile sector and by introducing latest world class technology in these two industries. these two fields are the most important boost up for the economy of india and must be given extra care and facilities. they are the main source of increasing india's economy and must not be ignored.
     
  9. Greatindia

    Greatindia New Member

    perhaps we can but its upto the economists to deal with the economic policies and bring out the right changes. There are some dormant sectors like agriculture, food industry, clothing, which can be improved. moreover the taxes which are collected from people should be utilized to improve nation's condition rather than filling up of politicians Swiss bank accounts.
     
  10. sweetangel

    sweetangel New Member

    We can definitely give a new twist to Indian economy but opening way to indian market and by encouraging indian goods and its exports. The indian market and economy needs a boost and it can only be done when a boom happens in the indian agriculture and textile industry. These are the main pillars of indian economy. This way a big twist can be given to the economy of india.
     

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