If you like to know
About the challenge to global economy
I can put a light on it
Look into three things first
The growth of Indian economy,
International contradictions of capitalism
And status of Indian socialism
You may guess little bit.
After the collapse of USSR
Indian economy now
Closely linked to global capitalism
And you will find many changes in it
US treasury bills lost highest rating
For first time since 1917
China holding surplus in US dollars
Greece stuck like fishbone
In the throat of European Union
Global capitalism transforming
Moving into ‘trade' from ‘production'
With jobless growth
Weakening producers,
Wiping out retailers.
First world entered in the third world
Third world entered in the first world
Second world lost its place
Standing no where
The change in south block
Crashed Indian socialism too
Recalled Indian higher notes
Done carpet bombing on shadow economy
Economists divided into two groups
One group saying ‘good'
Other saying ‘bad'
It's really the tough time
The change in white house
An additional problem too
But India challenged the global economy.
Asit Kumar sanyal
27-11-2016
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