It is a matter of regret that in an age of fastest media even
the real face of India has not been revealed properly to the international
community. Many people in the far countries believe that India is a desperate,
poverty-stricken land struggling for survival while India is among the world’s
fastest growing economies.
Of course, none of the foreigners can be blamed for this aspect.
This is only due to some greedy Indians’ misrepresentation of the country, to
earn cheap recognition and financial assistance from the foreign based funding
agencies. They don’t hesitate to portray the country as an icon of poverty for
their personal gain.
Despite a zig zag graph of demographic per capita
income Indian economy can be estimated as one of the best economy in the
world in lieu of its growing prosperity and an expanding civil
infrastructure. In the past ten
years, economic growth has averaged 8 to 10 per cent, far in excess of the
number, achieved in Britain or Europe.
India’s film industry produces a large number of films every
year, released worldwide. It has also surpassed the Hollywood industry in
business.
In Cricket, India enjoys a pioneering status. Our cricketers are
among the top earners in world cricket. Indian Premier League is one of the
richest competitions in world sport.
Recently India has also stepped into another lavish game, the F1
Motor sports.
The country's business tycoons have succeeded considerably.
Multi-billionaire Rattan Tata now owns teamaker Tetley, once a typically
English firm and the steel giant Corus, formerly British Steel along with the
traditional prestige motoring brands of Land Rover and Jaguar.
Vijay Mallya’s United Breweries, based in Bangalore, recently
bought the famous Scottish distillers White and Mackay, the fourth largest whisky
firm in the world.
Of course unfortunately, corruption has clutched the whole
hierarchy of administration and hence the Indian big investors are heading
towards overseas to invest.
But still, this fact cannot be ignored that, in the past ten
years, economic growth has averaged 8 to 10 per cent.
