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American (or say, World) recession has turned out to be a horrific reality – The great American dream is shattered, China’s Manufacturing industry is reeling under pressure, Europe’s playing too safe.
The
The Wall Street is full with money without trust!
All said, all read – I would not comment further on current conditions & solutions. However, there are some pointers that have not missed my eye (or my mind).
The American entrepreneurs/capitalists have launched a movement (readers might have heard of it): http://startupvisa.com/
It’s extremely critical to fuel the boost for long terms & create meaningful long-run jobs for us to get out of this mess.
It’s sad to see
Our sorry story is not just limited to physical infrastructure – the roadblocks in broadband penetration are too discouraging – Indian IT growth is repeatedly failing to solve
However, I’d still say it’s a great place to startup!
Shortcomings cease to look bad the moment those are viewed as opportunities!
Bottoms-up growth model, reasonably strong mobile phones networks, decent emphasis on rural strengths, strong consumerism & above all, the People (a nation with astonishingly high young population) make
We also enjoy substantial NRI Investments & other FDIs.
All we need is some support from the top, some aggressive policy making by the government to leverage the growth.