Largely political system is getting too complicated and unstable. The insurgencies and sanctity of line of control has been the grave concern of today's India. To be candid the things has been brushed out like the hive of big mystical dynamo. I really don't know is this the election 2014 that is making all the scenario more worst that it seems to be . The political instability , endanger border security and economy down turned are all that signaled the downfall of new governing body UPA. I 've no answers to whatsoever the rational behind it. The world bank says due to excessive regulation in trade and business in need made situation most vulnerable to debacle to India's economy. The think tank like Manmohan singh, p chidambaram, Montek singh Ahuwalia and RBI governor Raghuram Rajan seems to be doing too little to correct current stats and make some amendment. The negative current account deficit and import of crude oil and gold/silver have added more to the current problem. The foreign exchange reserve ratio is not at permissible threshold level hence situation is more worse than it could be.
What can be done better?
1. Decreased import of Gold and silver for specific time period. Send the message to the nation. Import as appropriate.
2. Reduced import of electronic goods and technology, ensure domestic market to increase production in house. Promote domestic good.
3. Try to explore new source of energy. Curb import of crude oil. Prevent bureaucrats to misuse natural resources to avoid influx of crude oil from global market. We are big in numbers. We must promote public transport or some alternate mode of transportation. The planning and implementation will take time.
4. Encourage more foreign trade. Increase FDI cap and help foreign investments way to transparent and proper channel. Bring streamline process and help foreign investment gain confidence and see India a suitable market for profitable and colloorative business.
What can be done better?
1. Decreased import of Gold and silver for specific time period. Send the message to the nation. Import as appropriate.
2. Reduced import of electronic goods and technology, ensure domestic market to increase production in house. Promote domestic good.
3. Try to explore new source of energy. Curb import of crude oil. Prevent bureaucrats to misuse natural resources to avoid influx of crude oil from global market. We are big in numbers. We must promote public transport or some alternate mode of transportation. The planning and implementation will take time.
4. Encourage more foreign trade. Increase FDI cap and help foreign investments way to transparent and proper channel. Bring streamline process and help foreign investment gain confidence and see India a suitable market for profitable and colloorative business.
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