Foreign exchange reserves are bulging at the seams. The Sensex is experiencing a bull run. Inflation is low. Housing loans are available at 6 per cent. Car finance is available at 6 to 8 per cent.
Competition is forcing companies to supply goods and services at wafer thin margins. The telecommunications revolution is benefiting everyone. The power sector is being reformed. The housing sector is booming. The steel and cement sectors are performing. Highways are being built.
Metro railways are being commissioned. Airports are being privatised. Private Indian airlines are being allowed to fly international routes. The monsoon has been excellent and the agricultural sector is expected to experience a healthy growth. Etc. Etc.
There is a feel good factor in the air and India is regaining its confidence. People are beginning to believe that
Disclaimer: These are personal views of the writer. They do not necessarily reflect the opinion of www.business-standard.com or the Business Standard newspaper
