Weekly Notes - 1
Real estate: According to real estate honchos, India should grow at 8% (including environmental clearances), to grow economically and to create jobs. But for whom is this real estate growing? Not for the middle class or the poor. Definitely not. But a big yes for the filthy rich. Just see the apartments, duplexes, and penthouses on offer. They are just five-star luxury suites packaged for the rich in India. These are not the typical Indian homes that we all grew up and would want to live in. These Rs 6-10 cr luxury suites can be bought by the rich and those with black money. Or those who are willing to pawn their entire life to the bank and the real estate company. In the early 90s, it was alleged that the IMF and World Bank would enslave all Indians and herald the second colonization of India after the British. Even the World Bank miscalculated the potential of Indian businessmen. And in the 90s, we said so many things. We don't remember most of them. Youth : As a youth I als...