Re: Vote for your favorite PM candidate for 2014 Indian elec
Posted: Tue Apr 29, 2014 5:29 pm
NDA majority is fine. BJP with sole majority is okay as well....
There is a lot of positives to be said about a decisive, predictable Indian government in foreign and domestic policies Versus an indecisive, unpredictable and ultimately useless governance.
Good governance is all that matters and be gone with the decade of Congress's "indecision mania" rule. Every dip or negative or even stagnation of GDP growth during the past decade, sets India that much farther back in earning it's rightful place in the world order.
Think of GDP growth as your retirement savings, the sooner you start saving and let the magic of compounding interest work, the better off you are. 8% GDP growth year over year for a country will result in an economy that grows 210+ times in just one person's lifetime (70 years). Imagine that!
Now, consider a scenario where you flat-line GDP growth for 7 years of that 70 year period (just 10% of the time frame): you end up missing 90 times the initial GDP!!
As for their PM candidate - not so sure - my 6 in a row coin toss means that it indeed is going to be Modi.
ps:
1.08^70 = 218.6
1.08^63 = 127.5
There is a lot of positives to be said about a decisive, predictable Indian government in foreign and domestic policies Versus an indecisive, unpredictable and ultimately useless governance.
Good governance is all that matters and be gone with the decade of Congress's "indecision mania" rule. Every dip or negative or even stagnation of GDP growth during the past decade, sets India that much farther back in earning it's rightful place in the world order.
Think of GDP growth as your retirement savings, the sooner you start saving and let the magic of compounding interest work, the better off you are. 8% GDP growth year over year for a country will result in an economy that grows 210+ times in just one person's lifetime (70 years). Imagine that!
Now, consider a scenario where you flat-line GDP growth for 7 years of that 70 year period (just 10% of the time frame): you end up missing 90 times the initial GDP!!
As for their PM candidate - not so sure - my 6 in a row coin toss means that it indeed is going to be Modi.
ps:
1.08^70 = 218.6
1.08^63 = 127.5