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Against China has always been compared to India in terms of population and technological advancements.

China undoubtedly has a humongous software market, but is definitely not a threat.

India has its own unique power and intelligence. Indian IT companies have captured Asia and Japan as well. India is becoming one of the worlds largest internet and mobile users country. Indias mobile market is growing by leaps and bounds. Most countries prefer employees from India rather than China because of communication barrier. English is spoken by almost all IT industries in India. India has a large consumer and industrial market, all thirsting for products, with great brands and distribution networks.

For There is no doubt that India may take many years to have a market like China.

China has a huge population. Moreover people there are advancing each passing day. China launches new mobiles, technologies, automobiles almost everyday. Chinas automobile industry is much bigger than Indias. it can therefore serve quality products at lower cost. China has a string support from the government. Indian IT industries have negligible support. China launches many products like gadgets etc everyday. Because of this they can sell them at a cheaper rate.

Chinas market cannot be a thread untie India considers and works on each opportunity that comes its way. It should efficiently make use all possible resources and infrastructure to welcome foreign investment and manpower hiring.

Financial inclusion
Financial inclusion is integral to the inclusive growth process and sustainable development of the country. However, the financial inclusion models that banks come up with should be replicable and viable across the country. Although the banking network has rapidly expanded over the years, the key challenge would be to extend the banking coverage to include the large population living in 6 lakh villages in the country. Financial Inclusion first featured in 2005, when it was introduced, that, too, from a pilot project in UT of Pondicherry, by K C Chakraborthy, the chairman of Indian Bank. Mangalam Village became the first village in India where all households were provided banking facilities. In addition to this KYC (Know your Customer) norms were relaxed for people intending to open accounts with annual deposits of less than Rs. 50,000. General Credit Cards (GCC) were issued to the poor and the disadvantaged with a view to help them access easy credit

GLOBALIZATION
Globalization refers to the increasingly global relationships of culture, people and economic activity. Most often, it refers to economics: the global distribution of the production of goods and services, through reduction of barriers to international trade such as tariffs, export fees, and import quotas India had the distinction of being the world's largest economy in the beginning of the Christian era, as it accounted for about 32.9% share of world GDP and about 32.5% of the world population. The goods produced in India had long been exported to far off destinations across the world.[1] Therefore, the concept of globalization is hardly new to India. Nationalism is a political ideology that involves a strong identification of a group of individuals with a political entity defined in national terms, i.e. a nation The term nationalism was coined by Johann Gottfried Herder (nationalismus) during the late 1770s

Challenges Befores Disinvestment Disinvestment was a very bold and important step initiated by the government as apart of its reform measures. But the way it was handled has defeated its very purpose. The challenges before investment are as follows Social ProblemProcess of disinvestment is not favoured socially as it is against the interest of socially disadvantageous people and society at large. This process will definitely affect the social objectives of the government. Political Problem The coalition government at the centre with a number of parties has posed a serious threat to this programme. Conflicting interest has made it difficult to arrive at a national consensus. Economic ProblemMost of the units identified for disinvestment are in a very bad shape which does not offer good returns. The Government due to paucity of funds, is also not in a position to revive it

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