The Indian Rupee is dancing on the edge of a financial cliff. I call it a dance because we've been chest-thumping through the mountains about our economy. An interesting note - Foreign investors pulling out close to $1.4B from Indian markets Will India's GDP growth meet the Reserve Bank of India (RBI) 's 7.0% target? The World Bank how do you define "growth" when a currency hits near-record low, foreign investors are running away and people's buying power is shrinking. Does that corroborate with your employment growth projection? Just FYI below is the approx employment numbers of 2 companies owned by the richest in Asia, also listed in world's richest. Them being rich is not an issue, they actually are dominating most industries in the country. • Approx 347000 - Also a 10.8% reduction in workforce compared to the previous year due to cost-efficiency measures. • Approx 23,000 😀 Is 7% GDP growth real if ordinary Indians can buy less every month? #IndianEconomy #Currency #Investment #EconomicInsights #MarketUpdate #India #growth "USD/INR climbs ahead of Indian GDP data, Indian Rupee tumbles to near record low" https://lnkd.in/g7ijmNa8
Suunil L.
2w
You’ve raised a significant concern. It’s true that in today’s political climate, discussions around crucial issues like unemployment, inflation, and economic health often take a backseat to media-driven narratives that are highly politicized. This shift is concerning, as it can lead to a lack of genuine, fact-based debates on the challenges the country faces. Many intellectuals, academics, and public figures, unfortunately, seem to align with the political party in power, often framing their views in ways that support the government’s agenda. This alignment can sometimes undermine the credibility of their arguments, as their objectivity may be questioned. On the other hand, those who dissent or try to bring attention to pressing socio-economic issues can face repercussions or be sidelined, creating a culture of silence. This dynamic reflects a broader problem: the politicization of issues that should be addressed based on their real-world impact rather than their political value. When economic distress or social issues become secondary to the political climate, it diminishes the chance for effective policy-making and can divert public attention from the urgent problems at hand.
Dynamic and Visionary CEO with Proven Leadership and Strategic Expertise
2wIt’s important to engage in discussions that center around real, pressing issues, ensuring that politics doesn’t overshadow the welfare of citizens. A well-informed citizenry, free from media manipulation, is vital to address the deeper challenges facing India today.