Friday, October 8, 2010

India wealth to double in 5 yrs: Report

India wealth to double in 5 yrs: Report

A proud moment for every Indian to know that the wealth is going to double in next five years. How reliable is this report? Does it mean that when the country's wealth doubles, each Individual Citizen also by and large benefits? Or is it confined to High Networth Individuals (HNIs) only. If so, what is the definition of HNI? Because, we come across several definitions of HNI from different organisations like Banks - Indian or Foreign. The fact that Credit Suiesse Research Institute carried out such a survey is laudable.

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