(Common)Wealth is not spent well!

India is hosting Commonwealth2010   http://www.cwgdelhi2010.org  in next 53days and now many news report put India as a corrupt & inefficient country. While red tape bureaucracy is still there in India, its far less than what it was 2 decades ago.

Could we have dreamed of being such an enormous super power when it comes to internal growth and advancement?
There are many sporting events conducted in many countries to showcase the development of the country and where is our development coming? I strongly feel that our liability of a 110 crs population has so far turned out to be a strong asset creating sufficient consumption and higher GDP. While we lack in most sports or the infrastructure required for them, we have a strong possible chance of improving. CWG is going to play a very vital and key role in this, irrespective of corruption acquisitions if the presentation and games are a success, it will open the way for us to bid for OLYMPICS in the near future. Also all developed countries vie for India, a prime example is India doing exceedingly well in the 90S' decade in PAGEANT CONTESTS, the reason was clear, almost every cosmetic premium brand wanted to make an entry into India, and what better way than glamour and acceptance.

Stock market upper freeze on 18/May/2009 after election result as market anticipated a Government without Left party support would do faster reforms and function efficient. However, now it appears that we have WELL BEGUN and are HALF DONE. The reforms in the last 1 year have been slow add to that has been the change in global attitude specially US towards out-sourcing. If we dont catch up with reforms then we can have a major crises in hand, like what happened in INDONESIA, THAILAND and RUSSIA. During the recession in developed nations in 2008-09 we came out least effected cause we had a very balanced monetary policy whereby economic development was not compromised for neither excessive growth (leverage) nor spending (subsidies). However, now things do not appear to be so clear, as even global economies are also changing policy so we need to fasten our change in policy or we shall lag behind.

India with 110crs more of people should have need frequent, faster, and efficient + hassle free Railway system and now one should book minimum 1month in advance to travel in train and where Chinese train travel in 2hours we take 8-10hours to reach In the last 2 quarters all railway wagon manufacturers have reported drop in capacity. While we get to know of new trains every budget, we are yet to see proper infrastructure development and planning. The negative side of the story is we are not executing and planning well, the positive side of the story is that we can still develop a lot thereby creating strong growth steadily http://prabhakar-views.blogspot.com/2009/12/need-for-speed.html

2016 Olympic Games - Rio de Janeiro - Rio is Ready --- http://www.rio2016.org.br/en/PorqueRio/