Is feel good real in India
The ruling party is in election mode with daily pronouncements about how well the Indian economy is doing and benefitting not just the well-off but also the poor in the country. It has claimed a big reduction in poverty in India. It is stated that the Indian economy growing at about 7% is the fastest growing large economy in the world. Further, inflation is said to be tamed and employment generation robust, in spite of global head winds due to the Ukraine war and the pandemic.
It is claimed that India has weathered these global storms better than most rich countries, so, it has become `Vishwaguru’. The Presidency of G20 has been cited as evidence of India becoming a dominant player on the world stage. It is claimed that India’s stock in the world has gone up since it is getting respect from other countries and its stand on various world affairs like, wars in Ukraine and Gaza, is being appreciated. Another sign of good performance is stated to be the desire of major world corporations to invest in India.
