Where do you think the Indian economy is headed in the next 5 years?

Indian economy currently highly depends on its abundance of work-force. People are forced to work long hours for relatively low pay, allowing India to depict itself as a 'low-wages' country. As soon as the workforce is depleted, or labour-prices are going to rise, the party will be over for India.

So, it all depends on whether India will be able to keep its rates low, otherwise the global economy will shift from India to a new country, like China, which still has a VERY large workpool available, and even lower labour-costs. My guess: no, they won't bea ble to keep up their 9% growth for 5 years. More.

I cant really gove you an answer,but what I can give you is a way to a solution, that is you have to find the anglde that you relate to or peaks your interest. A good paper is one that people get drawn into because it reaches them ln some way.As for me WW11 to me, I think of the holocaust and the effect it had on the survivors, their families and those who stood by and did nothing until it was too late.

Related Questions