how can india become the worlds richest country????

Question

WE ALL KNOW THAT INDIA IS NOT RICH AS AMERICA,RUSSIA SO HOW INDIA CAN BECOME THE WORLDS RICHEST COUNTRY

Answer 1

Open commerce around the world. I guess.

Answer 2

Hi folks,
I believe that India is becoming the world's richest country. Just go to Bangalore you shall find that the property value is the highest in the world, followed by the national capital region of India, i.e. New Delhi and it's suburban areas like Gurgaon, NOIDA, Faridabad, Sahibabad, Ghaziabad, Sonepat, etc. and then Mumbai.

You want to buy a piece of land in Gurgaon, you need to invest around Rs.60,000 per sq. yd.

More over in the coming years say in 2008/09 you shall get all the villages of India connected via Internet through the electric power lines. This is under the project awarded by the Honourable President of India, Dr. APJ Abdul Kalam called as PURA (Providing Urban amenities in Rural Areas).

Answer 3

I think we shouldn't try to be the richest but the wisest and the happiest . India was the richest country on the planet for more than ten thousand years and was called the golden bird , but , look what it got ..invasions , foreign rule and the after effects of that still continues . Can we purify the system and bring it back to the old pure form ? Are not foreign forces still pressurizing us so that we do not grow dominant . I wish your thought came true ,but , for that the leadership has to be free from greed and think solely for the benefit of the people .

Answer 4

Let us understand concentration of wealth. To express concentration of wealth we have to have two forms of wealth. When we say 2% sugar solution, it means that 2 g sugar is dissolved in 100g solution. The two forms of matter here are solute, the sugar and water the solvent.
Richness shows concentration of wealth. The two formsof wealth here are resources and capital. In some countries natural resources may be more and capital may be less. The real richness is one where both forms are near equal. By channelising resources to development of infra structure and by pooling in more savings/capital we can tap latent labor and other natural resources. But in our country much of the valuable capital resources are spent for religious and other wasteful purposes to woo votebanks.
Once the votebank concept goes India becomes the richest in the world.
There is another angle to the problem. When means are more than wants, we call such situation as rich. Increase means. Do not bother. Use various methods/techniques to raise means. I even advocate deficit budgeting. Remember that Law of Conservation of wealth says that wealth can neither be created nor be destroyed but can only changed from one form to another. By borrowings and deficit budgeting we are converting future means into present means and we are not creating wealth. This leads to bringing fore the latent resources like labor and other natural resources and thus wants and means approach equilibrium.

Answer 5

Hai
I am from India. But i didn't fell like India is a richest country.
I think that somebody from India are richest persons in the world.

Answer 6

India can become richest country when every person will be literate

Answer 7

U think our India will b the richest?

Answer 8

By opening markets completely, low taxes, incentives to companies to locate there, clear all trade barriers.

This would spark investment and entrepreneurship by its citizens to open businesses, embrace innovation, and purchase cheap goods/resources.

Answer 9

Spend a century or two being committed to free markets, free trade, limited government, developing capital markets, etc -- so as to significantly increase economic productivity.

Not going to happen in your lifetime.

Answer 10

major oil strike in india would help india rocks.