Plummeting real estate indexes across the country and tightfisted lending environments notwithstanding, young parliamentarian and AICC general secretary, Rahul Gandhi says global economic recession is not affecting India much and the country is racing to brace economic globalization.
"Economic meltdown had an impact in certain areas but India's long term success would not be affected," he said
Gandhi, scion of India’s most prominent political family, made the remarks in Jaipur, at an interactive session organised jointly by Massachusetts Institute of Techonlogy (MIT), USA, and Rajasthan Police.
The 38 year old, looking into the future, said: "Economic meltdown had an impact in certain areas but India's long term success would not be affected."
He termed the country’s fundamental values and highly trained human resources as assets for development and prosperity.
"We have vast reservoir of talent and massive capacity to transform them into development and progress further," he added.
Heralded as the future Prime Minister by many in the country, including senior leaders in his party, Rahul said that as compared to 60 years ago, India has transformed itself and in next 10-20 years, 50 to 60 per cent of rural areas would be urbanised.
"Economic meltdown had an impact in certain areas but India's long term success would not be affected," he said
Gandhi, scion of India’s most prominent political family, made the remarks in Jaipur, at an interactive session organised jointly by Massachusetts Institute of Techonlogy (MIT), USA, and Rajasthan Police.
The 38 year old, looking into the future, said: "Economic meltdown had an impact in certain areas but India's long term success would not be affected."
He termed the country’s fundamental values and highly trained human resources as assets for development and prosperity.
"We have vast reservoir of talent and massive capacity to transform them into development and progress further," he added.
Heralded as the future Prime Minister by many in the country, including senior leaders in his party, Rahul said that as compared to 60 years ago, India has transformed itself and in next 10-20 years, 50 to 60 per cent of rural areas would be urbanised.
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