Why Foreign Media is Scared of India's growth?

 

It was shocking to find who wants India to grow and who does not from the tag lines and stricture articles written by NY Times, Washington Post, BBC, Guardian, Telegraph, and Bloomberg. The criticism point where that Mr. Modi is helpless, not able to seek full seats, and support, has policy paralysis for India, and will not be able to do smooth reforms, in gamut was to tarnish the image of India becoming the 3^rd largest economy by 2030. None of them highlighted the true picture of the opposition, the false promises made by them to win the various seats, etc.

Its very clear that India in the coming years will not be taken in good books diplomatically by the global powerhouse economies. The developed economies will desire to keep India under the boots just like the British Empire did historically.  If a country like India is highly corrupted and faces various problems of economic growth that is an opportunity for the developed economies to twist the arm of India on their own terms.

What the foreign media and developed nations are scared of writing good notes on the current election?  Many of them have compared the growth of UPA I  & II along with   NDA last 10 years.  Well when NDA came in 214 India was struggling with 2G, CWG, and Coal block allocations-and the resultant policy paralysis of the government stymied the performance.  

·       The total worth of the Commonwealth Games Scam is estimated to be Rs. 70,000 crore.

·       Coal Scam, the government bore a loss of Rs 1.86 lakh crore.

·       Chopper Scam- The company had given a bribe to get a contract for supplying 12 helicopters worth USD 610 million

·       Tatra truck scam (2012):  The scam involved a sum of Rs. 14 crore as a bribe. The bribe was given to make way for purchasing 1,676 Tatra trucks for the Army.

 Can any foreign media name any SCAM against NDA?

The current government will not face policy paralysis nor it will witness slow reform measures. In fact, the speed of GDP growth of India which comes from the GDP growth of different states will now be faster. States like Andhra Pradesh and Bihar already have a presence of IT and Industrial hubs and now the same will amplify to new highs under the new Government. Many states will become jealous of the growth and reforms of these two states. Further, the current era is completely different from the last 40 years of coalition government.  It was a surprise how the foreign media has shared its views on the current election result and it shows they are scared of India’s growth. The reason why Foreign media is scared is that they are scared of the reform measures and the speed at which India is going to become 3rd largest economy.

The current time demands more progressive growth for India and its states since the global growth speed is much higher in the era of smartphones. NDA government is very much focused under the helm of Mr. Modi that India will be 3^rd largest economy by 2030. This Vikshit Bharat cannot be achieved unless there is a similar line of thought of people from other political parties being part of the NDA. The current government has full knowledge and has already he pending list of reform measures waiting at the final doorstep to witness the sunlight.   

The current government knows that India needs to move ahead from service service-exporting industry to a manufacturing export country. India does not need freebies nor does it need  NREAGA type of packages since if manufacturing growth comes up permanent jobs will come up and the dependency on government will reduce.   I have a question to ask everyone from different political party supporters and voters how long and how many years do you expect -Farm loan waivers and government jobs to free education, higher cooking gas subsidy, financial packages for women, laptops for college-going students, and reverting to the Old Pension Scheme (OPS). 

Do you think that these things will help India to become the 3^rd largest economy? India cannot be dependent on the wills of various political parties for government-driven packages. The below chart shows where India used to be in the world ranking during 2000 and 2010 and currently.

Do you know why China was able to get 8%+ GDP growth and become the 2^nd largest economy?  It has one dream and one thought among all its political parties to get China on 2^nd stage of the world map. More reforms in railways, infrastructure, roads & highways, solar power, robotics, high-end manufacturing, EV manufacturing, and ancillary industries will create more jobs. These things do not create freebies and dependency on any government. Job creation in a corrupted scam country is difficult since foreign investors and domestic investors lose trust in the government which has a high level of corruption.  Many times I have heard that during the era of 2003 to 2014 India created more jobs and the unemployment numbers were low. These jobs were created by NREAGS and by the real estate sector which has a huge number of NPA’s and corruption where the end buyers suffered a lot.

It is well clear that very few countries will write good things about this election result.  The current phase is one of the best phases for the Indian economy where all sections of the society will be covered. The speed of reform measures will not get stuck and India will be getting balanced growth which will be spread across different states.