India and 'Gen Z' Protest

                                                                                               The 'Gen Z 'Violence and protest recently took place in Nepal, Bangladesh , and Sri Lanka while India appears to be going stable  and strong  in spite of several internal  problems. 

                                                                                         Nepalis are having unemployment problem and were facing  instable governments since long. In Bangladesh student revolution  overthrow Sheikh Hasina Government due to Quota Reservation System in government for descendent of war veterans. In Sri Lanka it was due to economic crisis which led to bankruptcy of the government. Even Pakistan is  depending upon IMF rescue efforts.

                                                                                           It is very strange that Large South Asian  Indian Economy is stable and faced the situation very firmly. Besides that it has also suffered on account of Heavy and Punitive Tariff  imposed by America for buying Russian crude oil.  Meanwhile India fought short shooting war with Pakistan. All these adverse factor has not much effected India. 

                                                                                        There is a positive side that India has foreign exchange reserve of 700 Billion Dollars which  is sufficient to sustain it for about one year. Its GDP Growth also stand to 6 to 8 percent per year which is very good sign for Economic Development.  India is also opening its market cautiously and  steadily which has increased its Economic Growth.

                                                                                           Indian banking sector is also reformed very well by cleaning bad loans.  It  has brought non performing assets of banks up to 3% now.  Besides IT outsourcing have now reach to 15% of GDP which has helped India not to depend upon much on foreign capital inflow.

                                                                                         Even oil prices were also down. The import of cheap Russian oil has saved the the 8 Billion Dollars foreign exchange. Besides that mandate of  mixing Ethanol in to petrol reduced the consumption petrol which has given Economical advantage to India. 

                                            This are the some of factors which have helped to make India more stable and enable to face economic crisis effectively.

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