The Latest from India-

                                 India is  celebrating its independence day to day with gloomy pictures around.

Financial Sector
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- The people are suffering from heavy inflation of 5.79%. The prices of essential commodities like Vegetables, Food grains, Sugar, Oil, Petroleum products are going up. The onion price has gone up yearly basis by 145%
-The GDP growth is going down and it is expected to decline below 5%
-The Rupee is losing value and it has reached to low as 61.80. The foreign exchange reserve is also going down as current account deficit is increasing. The reserve bank has brought down under the liberalization remittances scheme from yearly $200000/- to $75000/- per year. Besides that import duties on precious metal like gold and silver are also increased.  This is only to save  the foreign exchange. This shows that finance sector is not doing well.
Political Sector
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-India is on taking side on political level. Chines are crossing our border frequently. While Pakistan is braking the ceasefire several time. They have attacked our 16 border post and killed several our soldiers. This is because of soft peddling with them.
-The Terrorist are increasing their activities and Communal clashes are increasing.  The recent explosion related to naval submarine 'Sindhu Rakshak' at Mumbai has killed several naval officers and soldiers. It is also being investigated that whether it was a act of sabotage?
-The law and order situation is also deteriorating. The leadership inaction is appears to be creating demoralization among police and arm forces.
-The corruption is increasing with several scandals are coming on surface.
 Conclusion
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The young and dynamic  leadership is the only answer to all these problems. We have to wait for general election of 2014 which may bring some changes in the political field. Meanwhile we hope for the best.
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