Guest guest Posted April 23, 2001 Report Share Posted April 23, 2001 I am curious about anyone who has looked at the mundane chart for the future of India.I recently read a rather pessimistic evaluation of the Indian economy.Despite a huge pool of labor,a good educational system,a thriving information industry,the growth rate of 6 to 7 percent for the last 7 years,a growth in software exports from $50 million in 1993 to $6.3 billion last year,the illiteracy rate is still roughly 50%,the communiction system,transportation,and energy systems are in very poor condition.Yearly budget deficits of 10% every year.Foreign investment avoids india due to import tariffs,red tape,a government which lacks the stability to keep its promises.Since 1991 India has managed to attract only $23.7 billion in foreign investment,while China attracts that amount in 6 months.Government subsidies account for 14% of GDP.I look forward to your learned comments on the future of India. Dave Quote Link to comment Share on other sites More sharing options...
Guest guest Posted May 3, 2001 Report Share Posted May 3, 2001 Dear Dave, Apparently I missed this mail earlier, hence the delayed response. Without going into the facts and figures quoted by you I would like to mention that the financial future for India is bright. This is based on the chart for Indian Independence, i.e. 15.08.1947, 00:00 hrs at New Delhi, India. Current Vimshottari dasha is Venus Jupiter and the Jaimini Chara dasha is Cancer Aries. I will be glad to discuss it in further details should it be of interest. Best wishes Anshu - <DaveBirr <gjlist> Monday, 23 April, 2001 07:29 PM [gjlist] Predicting the future of India's Economy > I am curious about anyone who has looked at the mundane chart for the future > of India.I recently read a rather pessimistic evaluation of the Indian > economy.Despite a huge pool of labor,a good educational system,a thriving > information industry,the growth rate of 6 to 7 percent for the last 7 years,a > growth in software exports from $50 million in 1993 to $6.3 billion last > year,the illiteracy rate is still roughly 50%,the communiction > system,transportation,and energy systems are in very poor condition.Yearly > budget deficits of 10% every year.Foreign investment avoids india due to > import tariffs,red tape,a government which lacks the stability to keep its > promises.Since 1991 India has managed to attract only $23.7 billion in > foreign investment,while China attracts that amount in 6 months.Government > subsidies account for 14% of GDP.I look forward to your learned comments on > the future of India. Dave > > > > > > > gjlist- > > > > Your use of is subject to > > > Quote Link to comment Share on other sites More sharing options...
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