Global Economic crisis
Dear all,
For last one I heard there are some globe economic crisis affected some country. Please share your openion. How India will affect what type of broblems we(NRI) will face.What about the banks and our investments and our hardworks.
Please share your openion
Thanking you
As far as the global economic problem is concerned its a big issue and nobody knows how speedy it will recover though the best possible efforts are on progress by all the affected countries. Being an Indian expat I am sure that our Government banks are 100% safe and secure due to the great RBI policy, thanks to the intelligent governers back home. India will be very less affected due to it's strong economic background, our own manufacturing facilities and infrastructure and ofcourse a very talented and intellegent brain force. For time being due to the global impact the land prices and stock markets are at lower end in India but soon It will bounce back because we are self efficient in all the needs. Our big population is our asset which means we can produce and consume our selves. One more reason is that we are exporting very less (around 3% only) to the US so the impact will be almost negligible. More over India is survived because of our tedency not to depend more on credits & loans by default. So be happy, wait & watch the coming years are very bright as far as India and our economy is concerned.
Good Day
Don't worry, India will get absorbed into a greater Pakistan