India is a not a country,it's a subcontinent. Therefore we have to face such enormous problems like population explosion education,corruption and what not. We have to forget our personel identity in order to see the winds of change. But this is not that easy as it looks like.
Managed Care Organizations (MCOs) Vs. Accountable Care Organizations (ACOs)
The New millennium may signify many things, but what it should signify to Indians is that there is very little life to read the writing which is clearly visible on the wall, so pause to introspect or otherwise the future as you want it to be can never be yours. Though India is the largest democracy. We can derive satisfaction about the fact that we have retained our unity and sense of nationality in spite of often bewildering diversities. The self-sufficiency we have achieved in food is also no small feat. We can also legitimately be proud of some of our achievement in the frontier areas of science and technology. All of these are important element in assessing the strength of the foundation on which we hope to build the edifice of our future. However there is something contrary to the feel good picture.
When the borrower stops paying interest or principal on a loan, the lender will lose money. Indian Banking industry is seriously affected by Non-Performing Assets. In the best interest of our readers, we have come up with a comprehensive post on NPAs, in which analyze the entire issue in detail. Now suppose that initially everything was good and the market forces were working in support to the airline industry, therefore, Kingfisher was able to service the interest amount. Later, due to administrative, technical or corporate reasons suppose the company is not able to pay the interest rates for 90 days.
India is a fastest developing country in the world. India, with its diversified culture, civilization, natural resources, technology and huge skilled human resources, is also a fastest growing economy in the world. But at the same time there are several problems plaquing our Modern India which is affecting the growth and development. Even after six decades of independence, the country is still fighting against this social evil of poverty. It is estimated that nearly one third of Indian population of 1.