Who are they to rate us below Pakistan and Nepal..Do you agree that Pakistan and Nepal are par with India..If that is the case why investors are coming to India and why they are not going Pakistan..Today India in a position to give loan to World Bank...Did Pakistan and Nepal can think about it?
Not a new phenomenon in Indian context. It is at its all time dizzy heights. Both in the big n small veins of public ; the only thing that you can find only those only to be honest who get no chance. All those, who chance upon, do not spare even a penny coming their way.
We must analyse where we are lacking,Per haps the most common factors--too much of unnecessary political interference,too much of bureaucratic hurdles, emergence of fraud companies,lack of strict adherence to business ethics,discipline by some concerns
Jim Rogers is to-the-point in his summing up of the political and business situation in India. With super layer of decision making - National Advisory Council headed by Madam - the central government is all the time in a limbo. None can answer on any policy decision unless the lumenaries at NAC, not the cabinet minsters, think for as long as they like. Neither Nepal, Pakistan etc are having this unique decision making process!
World Bank would have definetely ranked US & Eurpoe to be No.1,both America & Europe is striving hard to recover from recession. India is anyways a devloping economy hence has bright future. No need to worry we have immence potential and need not have to prove to world bank. The analist in world bank are taking salary for nothing if they ranked India below Pakistan & Nepal,real idiots & I`m shocked with such kind of reports. There people are afraid with India`s growth potential and hence publish such reports to bring in economic termoil, panik in people who invest in stock market and its related instruments. Be brave as India was great & is great. These forign countries buyers & businessmen look upon to our ecomomy for there sustainiblity. The only unstable factor in India is political leadership and curruption which is a thing to worry in long run.