Comparison of India-China economies irrelevant: Chidambaram

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PTI: Hongkong, Jan 22 2013, 21:26 IST
visit China to scout for investment, Chidambaram said: "I have no plans to visit China now."
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Be realsitc

Naresh Chand | 31-Jan-2013Reply | Forward
What PC is saying is correct. Though we are at a stage to develop very fast,but due to divisions in political forces, & their political interests, are engaged it leg pulling of the ruling combine. We are not able to adopt right policies for the development of the nation. While China has no such problem, they are able to decide what is beast for their country. further, the population growth is another sector, hile their population growth is 6-7% in last 10 years, we have grown 3 times i.e. 19%. that is affecting the satisfaction level of the people. In demcracy, you just ca"t ignore the aspiration & perception of the people, which is our strength & weakness as well. Therefor, there is requirement to reach a consensus over economic policies & administrative reforms, so that the issues effecting people are not effected by the political rivalry.

Comparison of India-China economies irrelevant: Chidambaram

Raman Manian | 30-Jan-2013Reply | Forward
A most realistic statement by FM. He should also add Indians are not Chinese. Indians have not stopped being feudalistic and divisive by their very nature. They also reserve their worst behavior for their own countrymen. The Chinese have a sense of destiny and are willing to compete with their enemies and even fight them viciously. The Indians don't have a sense of purpose or even interested in greatness. They are petty crabs who pull their own kind down.

Economy

Kumar AD | 30-Jan-2013Reply | Forward
Congress economic policies have made INDIA bankrupt. They should never be allowed again to run the country.

Financial Express

Directionless Economic policies of Ruling Congress

Dashan | 31-Jan-2013Reply | Forward
I totally agree that the ruling Congress has no leadership and clear vision for where to lead Indian Economy. Over dependence on FDI is creating larger deficits, fueling the crisis. Govermental policies are framed targetting 2014 general elections, leaving Indians to their fates! Grassroot changes in political mindset will only gaurentee some improvements in current situation. As long as there is tinkering of regional parties in national policies we can't achieve what other developed countries can.

Financial Express

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