India is not celebrating recession but making a valiant attempt to come out of the after effects of nearly 18 months of economic turmoil that was caused more due to external factors then our own, but the effects were equally felt here because the income being generated here or the revenue to a great extent is depended up on exports and other service related industries like IT.
The Burj Dubai was inaugurated recently not much as a celebration but more as a self morale booster for the Dubai powers be to send out the message that all is not lost after the financial turmoil that Dubai world has got into and which has been stemmed by huge financial aids from neighbhouring Abu Dhabi. The construction had started in 2004 and the finances had been tied up by the company Emaar Properties much before the meltdown. They kept the construction going because any slow down would have resulted in huge financial loss due to delayed occupancy.
India at present to some extent is celebrating the e
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Burj in dubai was planned much earlier, five years back,they are able to do and complete it on time. The govt is business friendly and thinking much ahead for future. In a desert without petrolium resources and human resources the planners of dubai are doing the right thing.We hvee enough human resource and natural sources for development and hope we will grow if we control the corruption and too much political interfernce.