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INDIA 2011


India is growing at rate of 8.7 GDP. Prime Minister Dr. Manmohan Singh is concentrating to increase this rate. Right now inflation rate is more than 15%.
Dr. Manmoahan Singh was the person who introduced Globalization and Liberalization in India. His role proved to be very crucial in development of India. India is the 2nd fastest developing country in the world. China comes on 1st in the list of fastest developing country.
In recent past President of United States of America, and President of Republic of France, visited India. There were many agreements signed by these two countries with India. United States of America is a developed nation, but still it depends on India to provide 50,000 jobs in its nation. France also made many deals with India, to boost up its economy. Recession of 21st century changed Indian economy, and developed nation became dependent on India, as India was one of the countries which was recession proof unto certain extent.
In development of a country, the major role is played by engineers, doctors, and managers. It looks like that Indian government is aware of this fact, and according to a data, in 2010, 800,000 engineers were produced. So many engineers also needs job, and to full fill the requirement, Indian government created special economic zones, to attract companies to invest in India.
India has progressed a long way. Now India is not a poor country, and has nil debts. India also donate money to help poor countries, such as Haiti. If we see in Asia itself, only China is ahead then India in terms of development.
Progress of India is a result of good governance. India’s former president Dr. A.P.J. Abdul Kalam dreamed to see India a supper power in terms of economy in 2020. India is racing towards his dream. Still few challenges are ahead in development, among which the most highlighted challenge is corruption. In ranking of most corrupted nation, India comes on 84th position. Countries like United States of America, United Kingdom, and France are more corrupted than India. We can’t omit the possibility of corruption in democratic country, but we can minimize it to the least level.
India is a country of possibilities.  
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