Posts

Showing posts with the label Real Estate Slowdown

Overcome the inertia first, rest will follow

Image
Since 2014, Prime Minister Narendra Modi has been consistently exhorting the foreign investors to invest in India to take advantage of 3Ds - Democracy, Demography and Demand; a unique strength not possessed by any other major economy of the world. After 5years of NDA rule under his leadership, many are now challenging this claim. A large section of domestic and foreign media, and many senior political observers & commentators have raised questions over the present health of the democracy in India. We may heavily discount their stance as deeply prejudicial and driven by ulterior motives, but rejecting it outright may not be totally logical. The Union Labor Minister himself recently raised question over the quality of human resources in the country, especially the northern states where about two third of the youth population lives. Most business leaders, both from manufacturing and service industries, have frequently expressed grave concerns about the employab...