Saturday, November 19, 2011

India's Two decades of Economic reforms

Indian Economic Reforms 1991-2011 and the Social, Economic and Political spectrum changes:
  1. Rich have become richer poor have become poorer
  2. Middle class evaporated
  3. Media  - the new power brokers
  4. Corruption has come a acceptable form of life style
  5. Drastic fall in social values and morals
  6. Elders left to their mercy - no respect
  7. Wealth display - the key measurement for success
  8. Branded merchandise
  9. Live for today
  10. Live in, partnerships and the increased divorce rates
  11. Malls and multiplexes
  12. Credit (savings) economy to Debt (Credit Card) economy
  13. Money the new caste and Wealth the new Religion
  14. Rich politicians and predominantly poor citizens
  15. Gays
  16. Health care - the SICKO type situation and out of the reach for the common man
  17. Neo-rich class and no social committments
  18. No National vision
  19. Rural economy collapsed
  20. Power brokers (also known as) lobbyists
  21. Education out of the reach for common man
  22. Scams
  23. Regionalism
  24. Media Management and Spin doctors
  25. Still developing country

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