The Fastest Developing Economy -India
The two big conflicts between Russia and Ukraine and America and Iran have already effected the economies of world adversely. The locking of Hurmuz Strait in Gulf and attacks of Hutties on Saudi Arabia is creating oil crisis in the world. These developments are increasing the price of oil which is leading now to high inflation in the world.
In such adverse situations also India has been able to manage its economic development and inflation. Its GDP is about 7.8 percent at present. The trade free agreements are already in process with European Union, Australia, Newzeland, England, USA and many other countries of the world. It has also developed arms manufacturing industries wherein it manufactures Missiles , Guns , Tanks , Submarines, Aircrafts and many other defense related Arms. ISRO has help many countries to put their satellites in the space. Besides that government has also opened space industry for private sector which has its own rockets and know how to send its satellites. There are many Semi Conductor Industries operating in India which manufactures the highest quality of chips. This to show that India is now developing every sectors of industries including High Tech.
In respect of infrastructure India have constructed best highways of International level. India is also trying to join most of villages with Urban Area. The urban developments is also very fast. the most big metropolitans are given metro train for better and cheap transportation. the bullet trains are being plan and implemented between important cities of the country in order to make travel faster, In the last decade 90 operational New Airport were built up in order to make air travel smooth and to join big cities, towns. The recently newly built Noida, International Airport is Capable of handling 12 Million Passengers. The world biggest alternative energy solar plant is also built in state of Gujarat in India. That is how India has now become the fifth economies of the world and heading towards to fourth biggest economy of the world.
However more requires to be done in the spears of Education, and Rural Development of India.
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