By Padmini Arhant
Happy Independence Day to India on August 15, 2010.
India celebrated its 63rd anniversary amid stability and domestic crisis.
On the economic front, India is focused on GDP growth but struggling to contain food prices.
The inflation is contributing to the public anger and disappointment reflected in the national polls directed at the Central government.
Adding to the problem is the recent handling of the farmers’ plight in the northern state of Uttar Pradesh. The State government’s slow response to the situation is criticized nonetheless; the damage control measures are being implemented possibly with the Central government intervention if required.
While being steadily progressive, the Indian economy has been challenged with inflation in some areas like food that is demanding immediate attention from both the public and private sector.
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Padmini Arhant
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