India, a bright spot on cloudy global horizon, says IMF chief Lagarde | Business Line
India, a bright spot on cloudy global horizon, says IMF chief Lagarde | Business Line
My VIEW:
My VIEW:
March
17, 2015
17, 2015
Welcome
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This refers to the report
“India, a bright spot on cloudy global horizon, says IMF chief Lagarde”(March
17). India’s toiling masses, entrepreneurs and the availability of resources
within the country have not changed overnight. What has made the IMF chief
observe that ‘When adjusting for differences in purchasing prices between
economies, India’s GDP will exceed that of Japan and Germany combined. Indian
output will also exceed the combined output of the three next largest emerging
market economies-Russia, Brazil and Indonesia’ is the confidence of the Indian
people, infused by the political and financial sector leadership provided by
Narendra Modi and Dr Raghuram Rajan.
“India, a bright spot on cloudy global horizon, says IMF chief Lagarde”(March
17). India’s toiling masses, entrepreneurs and the availability of resources
within the country have not changed overnight. What has made the IMF chief
observe that ‘When adjusting for differences in purchasing prices between
economies, India’s GDP will exceed that of Japan and Germany combined. Indian
output will also exceed the combined output of the three next largest emerging
market economies-Russia, Brazil and Indonesia’ is the confidence of the Indian
people, infused by the political and financial sector leadership provided by
Narendra Modi and Dr Raghuram Rajan.
Once again, one remembers:
“Uddharedaatmanaatmanam
Naatmanamavasaadayet
Naatmanamavasaadayet
Aatmaiva hyatmano Bandhuraatmaiva
Ripuraatmanah”
Ripuraatmanah”
(One should lift oneself
by one’s own efforts and should not degrade oneself; for one’s own self is one’s
friend, and one’s own self is one’s enemy.)
by one’s own efforts and should not degrade oneself; for one’s own self is one’s
friend, and one’s own self is one’s enemy.)
(Bhagavadgita,
6.5)
6.5)
M
G Warrier, Thiruvananthapuram
G Warrier, Thiruvananthapuram
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