The great Indian Story-Can it last?

India is witnessing a boom like anything else we have seen in these past 60 of our independent years.The today's Indian is a confident Indian.He hopes for a better future.A few decades back,a typical Indian in the west was perceived as a snake charmer or a farmer and so on.Well ,A majority of us are still all those.But in the west,today,we are perceived as great thinkers,visionaries,"mathe-magicians" and software wizards.Today ,facilities have become much better than what they were a decade back.But this growth story is now threatened due to many factors.I analyze a few of these factors.

However,problems of Fuel price rise ,slow rate of development of our infrastructure.Emerging instability at the center etc. are beginning to hamper this growth story.Already ,fuel prices have reached an all time high of 135$ a barrel and has already propelled inflation to 7.6%.The common man is now strained as far as his budget is concerned.And,what more ,the poor(about 300 million) are going get only poorer.One way of curbing the fuel prices could have been to introduce a better public transport system.But unfortunately ,our transport system simply sucks big time.

Infrastructure is the foundation on which any vibrant economy can survive.In India,we are faced with a dubious task of revamping our very poor infrastructure.This is where involvement of the private players becomes even more important.But then again,"Thanks to the far sighted Left that is happening ,isn't it!!!!".

Also another hindrance is the emergence of the the regional parties.This has led to a decrease in the stability at the center.As the UPA govt has found out,it really doesn't need any opposition does it when they have the left.The above has led to a situation where the govt has not been able to bring in Big reforms.this sends out a wrong signal to the foreign investors.

In conclusion,it is to be seen whether we are able to sustain our famous growth story.