Can any year be Worst than Year 2008 For Indian Economy, Politics, Humanity and mankind?

The year 2008, which start on Positive note with the good memories of year 2007 which made us proud to be Indian. Every thing was on Boom, the Indian economy was on peak with GDP for Fiscal year 2007 touching 9.4. India has become the Favorite destination for foreign institutional (FIIs) causing Dalal street to Cheers. Due to this bull rally 4 Indians have enter in top 10 richest men on world. Indian IT was at its peak and everything was expanding at fast rate. But year 2008 was marked by unprecedented events that took the Indian economy and almost all global markets by surprise. The failure to predict the downside was unanimous. In the first half of 2008, the Indian economy felled victim to high oil prices, which translated into higher trade deficit, weaker rupee, higher inflation, higher subsidy burden, higher fiscal deficit, and lower growth. In the second half of 2008, the economy felt the impact of the global financial turmoil. The situation deteriorated further when foreign institutional investors (FIIs) began unwinding their investments in emerging markets, including India, in the wake of the liquidity crisis. This led to tightening liquidity, crashing commodity prices, and slowdown in demand. As a result, the estimated GDP growth rate has come down from above 8 per cent to about 6 per cent for FY 2008-09. The Market has become the Bear run causing BSE index to drop from his peak of 21k to less than 8k in November. This year has become the WORST YEAR for Indian Economy.

The story needs to be retold, in 2008, fear rhymed with terror, and India was the site where they achieved a deadly symmetry with a inauguration at the land of Jaipur royals, then Ahmedabad, Surat, Delhi… and then flaming finale with Mumbai Indians. The worst thing for humanity and mankind is people are in fear. After watching all this series of blast every Indian is thinking “Will I die a natural death..??” .We are left with nothing but our fears—and a heap of ironies. As the victim, from behind the door in a luxury suite or in a crowded railway station or walking on road or worship for GOD or sitting in house, trembled in the fear of death, the killer feared nothing but his god. For the jihadi, death is a one-way ticket to a paradise full of fun. In 2008, there was no equality in the power of fear. Indians were always targeted by jihadies but this year was at the peak with series of blasts. The Mumbai attack was biggest attack on Indian soil which has raised BIG question on Indian Security. This Blast is a wake Up call for all of us, the sound of this attack has wake up the paralysis government and forced them to reorder the structure of Indian security and politics. This attack has also created a cold war between India and Pakistan as few Pakistan link has been found. So due to this terror and fear this year has become the WORST YEAR for Indian humanity and mankind

Now the worst year for politics, the politician have tough time, fighting and blaming each other on issues like terrorism, nuclear deal etc and its consequences provided the people the much needed 8-10 pm melodrama replacing the daily soaps. Now this year instead of fighting on Hindu Muslim, they have got a new topic Marathi and not Marathi. The Bal Thackeray in desire to pull his struggling career on path used the muscle power of his men against the innocent migrants of North India specially UP and Bihar.

The biggest and shameless dirty game played by over netas which has raced a big question mark on India democracy “cash for vote scam”.It is shame and disgrace for the largest democracy and its leaders.

The other major event in which over self claimed messiah Mamata Banerjee necked out the Nano project from West Bengal.The dream project of every lower and middle class Indian was delayed due to dirty politics by fee leaders.But at the end realised, too much anti public hungama for votes and fame does not work every time!!So by few dirty politics and cash for vote scams we can conclude it as worst year in Indian politics.

Hopefully, the new year marks emergence of new age India, which understands its priorities vividly.