Slide of #Rupee to 62.03 versus one dollar despite attempts by the Reserve Bank of India to prop up the currency represents 'policy failure'
— ッ MEDIOLANA® EDU (@Mediolana) August 17, 2013
Serious structural weaknesses in the Indian economy – including energy dependency, woeful infrastructure and epic graft – still unaddressed
— ッ MEDIOLANA® EDU (@Mediolana) August 17, 2013
US$11.6bn of #India #debt and #equities sold by foreign investors since 05/2013; 'genuine fear' re: economy prospects http://t.co/JHhqdkUQlJ
— ッ MEDIOLANA® EDU (@Mediolana) August 17, 2013
They could be an amazing economic power, but instead they choose to be corrupt, divided and selfish. A very rich heritage does not seem to have manifested in much wisdom.
India is one of those countries which is punching massively below its weight. However, there are some truly superb initiatives coexisting alongside tremendous exploitation and injustice. We’ll focus on some of these programmes in future blog posts!