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India's surprise is the world's hope!!

 
GO INDIA !!
User ID: 682146
United States
05/18/2009 07:03 PM
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India's surprise is the world's hope!!
Did you hear? woohoo

India's surprise is the world's hope

[link to www.csmonitor.com]

An unexpected election result suggests why India may be the next economic superpower.

In the race between China and India to become the next global economic superpower, chalk one up for India.

Its 712 million voters just gave a surprise win to a party that transformed itself from its quasi-socialist roots to bring about both high market growth and a boost to the lowliest, "slumdog" Indian.

The Congress Party, along with its partners in the United Progressive Alliance, defied expectations and won enough seats in Parliament to rule with confidence for five years. Its victory – a big comeback for India's founding party – was a defeat for the left and the fundamentalist Hindu party. This will now allow for even more economic reform.

Congress Party-led reforms since 1991 have opened the economy to market forces and quadrupled the gross domestic product, enabling India to achieve 9 percent growth in recent years. These efforts were led in large part by a humble economist, Manmohan Singh, who first showed his chops as finance minister and lately as prime minister – but one without a strong mandate.

Now, with a firm victory under his turban, he and Congress have a mandate, won with a promise of regular 8 percent growth. He was helped by the smart campaigning of Rahul Gandhi, the popular grandson of former Prime Minister Indira Gandhi. With his dimpled smile and appeal to youth – 70 percent of Indians are under 35 – the young Gandhi called for India to stay united under secular and inclusive rule rather than drift toward the politics of caste and religion.

A stable, growing India is just what South Asia needs right now as smaller countries contend with political and terrorist upheavals. India's voters, who are largely rural and illiterate, didn't let the November terrorist attacks in Mumbai sway their choices. They want economic growth and stronger antipoverty programs. (Some 40 percent of Indians still live on less than $1.25 a day.)

This election confirms the farsightedness of President George W. Bush in embracing India as a global partner. Within a few decades, India's economy could surpass that of the US while its population (now 1.2 billion) could be bigger than China's. President Obama must not drop the ball in keeping close ties with New Delhi, even as he fixes on solving the terrorist puzzle in Pakistan and Afghanistan. He should visit India as soon as possible.

Dr. Singh needs support from the US and Europe to bring about greater reforms that will enable more foreign investment. China has been winning the contest for foreign investment, in large part because of its better bureaucracy, more efficient infrastructure, and freer labor rules. (Companies in India with more than 100 workers need government permission to lay off anyone.)

With its growing economy and stable Congress-led government, India will be better able to make international deals on critical topics, such as climate change and the territorial dispute with Pakistan over Kashmir. While growth has slowed a bit during the global economic crisis, India is now poised for the takeoff it has long deserved as the world's largest democracy.
Anonymous Coward (OP)
User ID: 682146
United States
05/18/2009 07:04 PM
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Re: India's surprise is the world's hope!!
They had to shut down there stock market because it went up too much after this, 2 times today.

chuckle

Not doom, but

5a
Anonymous Coward
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05/18/2009 07:05 PM
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Re: India's surprise is the world's hope!!
Assuming that Comrade Obama and the ADL allow us to hold another election, hopefully the American people will demonstrate that we're not real fond of communist police states either.
Anonymous Coward (OP)
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05/18/2009 07:11 PM
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Re: India's surprise is the world's hope!!
India: From Bust to BOOM-bay. The Path We Saw Coming

On Monday, May 18, the biggest financial news story was not the 200-plus point stock market surge on Wall Street. It was the 2,000-plus point surge on Dalal Street. To wit: India's main Sensex Index soared more than 17%, triggering circuit breakers and halting operations for two hours in that market's first-ever "upside shutdown."

[link to www.elliottwave.com]



afro
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05/18/2009 07:12 PM
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Re: India's surprise is the world's hope!!
India: From Bust to BOOM-bay. The Path We Saw Coming

On Monday, May 18, the biggest financial news story was not the 200-plus point stock market surge on Wall Street. It was the 2,000-plus point surge on Dalal Street. To wit: India's main Sensex Index soared more than 17%, triggering circuit breakers and halting operations for two hours in that market's first-ever "upside shutdown."

[link to www.elliottwave.com]



afro
 Quoting: Anonymous Coward 682146

banana2
Anonymous Coward
User ID: 560277
Syrian Arab Republic
05/18/2009 07:18 PM
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Re: India's surprise is the world's hope!!
India: From Bust to BOOM-bay. The Path We Saw Coming

On Monday, May 18, the biggest financial news story was not the 200-plus point stock market surge on Wall Street. It was the 2,000-plus point surge on Dalal Street. To wit: India's main Sensex Index soared more than 17%, triggering circuit breakers and halting operations for two hours in that market's first-ever "upside shutdown."

[link to www.elliottwave.com]



afro

banana2
 Quoting: Anonymous Coward 681112

5a tomato iamwith
Anonymous Coward
User ID: 676709
Finland
05/18/2009 07:21 PM
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Re: India's surprise is the world's hope!!
Yeah economic superpower, but wont ever be superpower! Overpopulation, poverty...too many problems.
Anonymous Coward
User ID: 509102
United States
05/18/2009 07:24 PM
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Re: India's surprise is the world's hope!!
Kalki will come back to kill the poor and to restore the golden himalayas from where the gods rule.
Anonymous Coward (OP)
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05/18/2009 07:25 PM
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Re: India's surprise is the world's hope!!
Initial link, sorry that about that... if that upsets you.

chuckle

It is all about the story not the first link...

that is what I found on google first on da story...

cool2

Don't be a hater... this is good news... hf
Anonymous Coward
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Netherlands
05/18/2009 07:26 PM
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Re: India's surprise is the world's hope!!
broccoli
Anonymous Coward
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New Zealand
05/18/2009 07:36 PM
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Re: India's surprise is the world's hope!!
India will always be a nation of diabolically insane thieving, lying losers. Its in their genes.
kalamity kool

User ID: 677458
Australia
05/18/2009 07:50 PM
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Re: India's surprise is the world's hope!!
"Congress Party-led reforms since 1991 have opened the economy to market forces and quadrupled the gross domestic product, enabling India to achieve 9 percent growth in recent years. These efforts were led in large part by a humble economist, Manmohan Singh, who first showed his chops as finance minister and lately as prime minister – but one without a strong mandate.

Now, with a firm victory under his turban, he and Congress have a mandate, won with a promise of regular 8 percent growth. He was helped by the smart campaigning of Rahul Gandhi, the popular grandson of former Prime Minister Indira Gandhi. With his dimpled smile and appeal to youth – 70 percent of Indians are under 35 – the young Gandhi called for India to stay united under secular and inclusive rule rather than drift toward the politics of caste and religion."


Who cares about superpowerdom if they can keep caste and

religion in check enough to make an end to poverty.

I'd go and dance in their streets

banana2
martina
User ID: 425683
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05/18/2009 08:22 PM
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Re: India's surprise is the world's hope!!
"Congress Party-led reforms since 1991 have opened the economy to market forces and quadrupled the gross domestic product, enabling India to achieve 9 percent growth in recent years. These efforts were led in large part by a humble economist, Manmohan Singh, who first showed his chops as finance minister and lately as prime minister – but one without a strong mandate.

Now, with a firm victory under his turban, he and Congress have a mandate, won with a promise of regular 8 percent growth. He was helped by the smart campaigning of Rahul Gandhi, the popular grandson of former Prime Minister Indira Gandhi. With his dimpled smile and appeal to youth – 70 percent of Indians are under 35 – the young Gandhi called for India to stay united under secular and inclusive rule rather than drift toward the politics of caste and religion."


Who cares about superpowerdom if they can keep caste and

religion in check enough to make an end to poverty.

I'd go and dance in their streets

banana2
 Quoting: kalamity kool



"I'd go dance in their streets"

tunes?

[link to www.youtube.com]



flower
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05/18/2009 08:43 PM
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Re: India's surprise is the world's hope!!
but the real question is, what's up with Pashupati; and is the caste system evidence of an ancient 'selective breeding' program?

Is the cow sacred in india & krishna / vishnu blue because of the fungi ?
InfoFront

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05/18/2009 08:59 PM
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Re: India's surprise is the world's hope!!
Yeah economic superpower, but wont ever be superpower! Overpopulation, poverty...too many problems.
 Quoting: Anonymous Coward 676709


Money is everything. If you are an economic superpower, you are a military superpower, and every other kind of superpower.
kalamity kool

User ID: 677458
Australia
05/19/2009 07:49 PM
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Re: India's surprise is the world's hope!!
"Congress Party-led reforms since 1991 have opened the economy to market forces and quadrupled the gross domestic product, enabling India to achieve 9 percent growth in recent years. These efforts were led in large part by a humble economist, Manmohan Singh, who first showed his chops as finance minister and lately as prime minister – but one without a strong mandate.

Now, with a firm victory under his turban, he and Congress have a mandate, won with a promise of regular 8 percent growth. He was helped by the smart campaigning of Rahul Gandhi, the popular grandson of former Prime Minister Indira Gandhi. With his dimpled smile and appeal to youth – 70 percent of Indians are under 35 – the young Gandhi called for India to stay united under secular and inclusive rule rather than drift toward the politics of caste and religion."


Who cares about superpowerdom if they can keep caste and

religion in check enough to make an end to poverty.

I'd go and dance in their streets

banana2



"I'd go dance in their streets"

tunes?

[link to www.youtube.com]



flower
 Quoting: martina 425683







How about getting off of these antibiotics
How about stopping eating when I'm filled up
How about them transparent dangling carrots
How about that ever elusive kudo

Thank you India
Thank you terror
Thank you disillusionment
Thank you frailty
Thank you consequence
Thank you thank you silence

How about me not blaming you for everything
How about me enjoying the moment for once
How about how good it feels to finally forgive you
How about grieving it all one at a time

Thank you India
Thank you terror
Thank you disillusionment
Thank you frailty
Thank you consequence
Thank you thank you silence

The moment I let go of it was
The moment I got more than I could handle
The moment I jumped off of it was
The moment I touched down

How about no longer being masochistic
How about remembering your divinity
How about unabashedly bawling your eyes out
How about not equating death with stopping

Thank you India
Thank you providence
Thank you disillusionment
Thank you nothingness
Thank you clarity
Thank you thank you silence

yeah yeah
ahh ohhh
ahhh ho oh
ahhh ho ohhhhhh
yeaahhhh yeahh



And thankyou Martina

hf
Anonymous Coward
User ID: 682494
Portugal
05/19/2009 07:51 PM
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Re: India's surprise is the world's hope!!
Who owns the banks on India?
Anonymous Coward
User ID: 677845
Puerto Rico
05/19/2009 09:16 PM
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Re: India's surprise is the world's hope!!
I'd rather buy a Made in India item then China.

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