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Indians most optimistic about growth prospects: Survey

Last Updated: Monday, December 16, 2013 - 19:25

New Delhi: Looking forward to more political stability and economic development post general elections, India has emerged as the most optimistic country globally with respect to growth prospects in the coming time.

According to a global survey conducted by research firm Ipsos, more than half (53 percent) of the people in India are confident about the country's future and are hoping that in next one year the economy will revive.

"A majority of them (Indians) are very hopeful that post the general election in the first half of 2014 the country will have political stability, good governance and economic growth," Ipsos India Head Marketing Communication Biswarup Banerjee said.

India is followed by Canada and Australia in the second and third place respectively with 47 percent of their citizens confident about their country's growth in next 12 months.

Besides, China (4th), Sweden (5th), Argentina (6th), Brazil (7th), Germany (8th) and Russia (9th) and South Africa (10th) figured in the top 10 list out of 20 countries surveyed by Ipsos.

Spain (12 percent), Italy (10 percent) and France (9 percent) emerged as the bottom three countries in the category.

Besides, the survey also found that a majority of people in India (71 percent) are confident about their personal lives including their families for the next 12 months, ranking the nation at the fourth position globally for the same along with Canada and Argentina.

South Africa (75 percent), Brazil (74 percent) and Sweden (73 percent) were the top three countries on the parameter.

Further, the survey found that 60 percent of the Indians felt under lot of pressure to be successful and make money while 58 percent were most likely to measure their success by what they own.

According to Banerjee, "economic liberalisation and high growth period that India registered in the last two decades has promoted materialistic aspiration of middle class Indians".

The survey was conducted across 20 countries and included over 16,000 respondents.

First Published: Monday, December 16, 2013 - 19:25
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