For the past few days, western media has been bombarding the issue of Indian stocks being over valued. They sometimes even go as far as suggesting that the emerging nations are just as poor at they were back in the day when the term BRIC was coined by Jim O'Neill of Goldman Sachs. Its hard to understand the logic of such suggestions by he large media houses. The very suggestion that India is exactly at the same level of poverty as it was earlier in the decade could not be much farther from the truth. From the skyline of large metropolitan cities of India to the tech-savy villagers who are now connected to the world of commodities' trading speaks volumes about the development in India. India's growth unlike some other parts of the world is to a greater degree organic. Therefore, its not artificial growth. For example, China's growth in 2009 was to a large extent artificial because most of the cash in the economy was injected by the government of China to keep the oth...