Mumbai Attacks
India seems to have now become a target for Islamic terrorist attacks and if the “success” of the current crisis is any indication, this could completely destabilize the economic development process for the country. India has the third-largest Muslim population in the world, with 154 million Muslims. If a Hindu-Muslim conflict blows up, we’re in for horrendous atrocities all over the country. And if the Pakistan-Afghanistan instability seeps into India, the world enters an intensely dangerous phase.
This is time for leadership at every level, local, regional, global, and in every sphere, from defense to intelligence to economics.
And it is going to be incredibly important for the world to not get sucked into a fear psychosis, and get paralyzed for the next decade.
The twenty-first century has brought us challenges that are getting increasingly daunting.
Are we going to get intimidated by these challenges, or are we going to preserve our faith and rise to the occasion?
I will repeat the message from my last post: Despair is an insult to the future.
“India has the third-largest Muslim population in the world, with 154 Muslims. ”
You meant 154 million Muslims?
looks like this post was written in a hurry.
yes, I was just getting on a San Francisco-Singapore flight. Sorry about the error.
1. India is not the target of Islamic terror. We are the target of Pakistani terror. More correctly ISI (which is a state within a state) terror
2. For more than a decade now, we have been subject to that in Kashmir, Delhi, and the North-East. India has marched on.
3. Pakistan-Afghanistan instability is of Pakistan’s making and a legacy of the US support during the Afghan-USSR conflict.
4. I am surprised that you should conclude that “this could completely destabilize the economic development process for the country”. **** completely***** ????
Well, if this becomes a repeat pattern of terrorism regularly in India, then investor confidence will go down, and the whole country will get paralyzed by fear.
I fear fear more than anything else.
But I feel, India is not completely dependent on the FII’s, it has huge domestic market and investors.
Truly India has a whole lot of potential domestic investors.
sure, but if you look at the private equity and venture capital industries, most of the money is foreign capital.
no matter what, India will grow. FII’s and India’s needs are interleaved and mutual.
But whether the growth can be accelerated, is the issue.
Terror in Pakistan is hybrid, and its neither completely against it nor serving its agends. Even their country is under attack. This is an opportunity for them to prune those extremists. More comic view - on my blog
u see terror has no religion. I know its easy to say but i truly believe that the persons who are committing such crimes have no base at all.!! They dont even know the meaning of what “JIHAD” is. I Stay in INDIA and i perform all my prayers safely and securely! NO Government can take that right from me.
Anyways terror is not only happening in INDIA, its all over the world US,LONDON,MIDDLEEAST and so on..
INDIA is not going to fall .,, It has strong fundamentals and we shall come up to the challenge!!