Part II
7). Another areas which can be explored for research and development is green energy. Solar, wind energy, ethanol from corn are some areas in which research can be encouraged. Currently India is on track in terms of solar energy. Lot of companies has shown interest and started heavily investing in projects related to solar energy. but the benefit will be immense if we can come up with technology which is cost effective and easily available to common people.
8). Currently India is gripped by shortage of power (electricity). Most of the cities in India witness power cuts owing to non availability of enough electricity. These power cuts are results of in efficient planning on part of the energy policy makers and politician. This is another area in which government private partnership can be helpful in creating power plants to meet the demand.
9). India has been spread heading the growth in software services. But now the focus should be shifted to product based services. Even after such a vast software talent India has not been able to come up with any software product of international level. This is the area in which Indian software industry need to focus. it should aim to create a new operating system, platforms, server applications which would be used all over the world. This will not only add value to the industry but will also provide home grown talent enhance there skills.
There are many other areas which can ease the burden of recession. Collective decision making and hard work is required to build a strong country. India has huge potential to become a economic superpower. The political leadership of this country needs to sit together and come up with a strategic plan to reach that milestone.
This is a excellent opportunity for everybody to come up with innovative solution to fight the menace of recession so that it will not come back to haunt us in distant future..........
7). Another areas which can be explored for research and development is green energy. Solar, wind energy, ethanol from corn are some areas in which research can be encouraged. Currently India is on track in terms of solar energy. Lot of companies has shown interest and started heavily investing in projects related to solar energy. but the benefit will be immense if we can come up with technology which is cost effective and easily available to common people.
8). Currently India is gripped by shortage of power (electricity). Most of the cities in India witness power cuts owing to non availability of enough electricity. These power cuts are results of in efficient planning on part of the energy policy makers and politician. This is another area in which government private partnership can be helpful in creating power plants to meet the demand.
9). India has been spread heading the growth in software services. But now the focus should be shifted to product based services. Even after such a vast software talent India has not been able to come up with any software product of international level. This is the area in which Indian software industry need to focus. it should aim to create a new operating system, platforms, server applications which would be used all over the world. This will not only add value to the industry but will also provide home grown talent enhance there skills.
There are many other areas which can ease the burden of recession. Collective decision making and hard work is required to build a strong country. India has huge potential to become a economic superpower. The political leadership of this country needs to sit together and come up with a strategic plan to reach that milestone.
This is a excellent opportunity for everybody to come up with innovative solution to fight the menace of recession so that it will not come back to haunt us in distant future..........
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