Saturday, April 3, 2010

Reader Article-Economic tempest n Unrest- Rajendra Gupta

Over the last few months, i have been reading a lot about inflation , double digit growth and so on…


We need to understand the real issues a little deeper and better if we wish to do something worthwhile for this nation

Consider the following :



A few decades back , government thought that nationalization was in the best interest of this nation and it nationalized the airlines , banks etc…….Now after a few decades , privatization is considered in the best interest of the nation !!!

What is the government doing to convert ‘No productivity jobs into low productivity jobs and finally into high productivity jobs’ Every district should focus on productivity . People do not reason the government and never questions the actions and government even does not know if it is doing the right things .The Government fails and due to this youths get misguided and seek the path of the Gun!

Facts


Between 2010 and 2020, India will add 120 million people in the ‘working age population’ . It will also add 43 Million senior citizens to its population . Does the government have a concrete plan to address this ?

If we do not plan for 120 million people that we are adding to the working age population , we will be provoking between 10-30 % of them into naxalites or anti-social elements . Imagine , 12-36 million gun wielding naxalites !!


If there is no growth , it does not lead to poverty only . It either leads to ill health & evil minds . Which is more disastrous than poverty In the next 10 years , some parts of India will become more developed than they are today. We will become a more materialistic nation in places like Mumbai , Goregaon , Bangalore , Pune etc…………….. Media would have exposed this ‘Have not’s’ to this material world .This will lead to aspirations in youth for a better life style, and with no means to make it to this elite league with legitimate means , the criminal route to making money will lead to more extortion , more drug lords and criminals in politics – GDP growth can be 8.5 % or 10 % but criminal activity will growth much faster under such conditions . There is no doubt on this . India will become a naxalites factory and will surpass Pakistan in producing anti-social elements


Agricultural productivity can go up if we bring down the cost of logistics from the current of 16 %. Worldwide , it is around 9 % …………. Government must plan in detail how to boost the agricultural productivity. Does it have a plan now?



People with many educational degrees ( Indian experts from USA recruited by the government as advisors ) are working for people with no degrees (poor population ) . So they do not identify the real problem leave alone addressing the issues .

Recently , i have heard about the food coupons being distributed to the BPL families . What a joke ? BPL people do not know how to read and write & also this is bound to be misused ( 10 paisa of every 10 rupees will reach the BPL families )



Few fundamentals have to change .



India has not to change , Indians have to change .



Made in India has to become made in ‘rural India’



We are talking of CSR ( Corporate Social Responsibility ) but what we need is ISR –(Individual’s Social Responsibility )

We are all talking of divestment . The government is looking to raise Rs.40,000.00 crore through divestment but why is government not looking at investing back 10 % of the divestment money to build another PSU that can yield returns disproportionate on its investments ?

How about setting up the Solar Energy Corporation of India or the Hydro Power corporation of India ? Build them now . Don’t just sell

Governments tax collection targets have been missed by around Rs. 40000 crore, i am sure that divestment target is also going to be missed !! Where will be the GDP deficit be in 2011-12 ?

Indian government has not just to create jobs ( employment ) but also create entrepreneurs . It has to think inside the box only ( forget out of box ). Imagine , if different cities with tourism potential start training tourist guides , taxi drivers and listing them on a central website . People travelling to these towns can avail the services of the government approved guides at the pre-decided rates & can pay in advance through the website . The money can be transferred electronically directly to the service provider after a referral cut ( government can retail 20 % & transfer 80 % money). Safety & savings for tourists and income for self employed people .

Back to my favorite- recession & India :



Why did recession in the USA / Europe not affect India so much Or you all believed that government was able to protect India from recession effectively ? Think about this report



Times of India , 17th March 2010. According to the WHO – UNICEF report ,58 % of all the people in the world who defecate in the open are in India . 638 Million people in India have no access to toilets . Will India, with such living conditions ever get effected by recession ? The same government could not control inflation . Imagine how they can control affects of recession – they faked the efforts and impacts and we all believed it like fools !



In 62 years after Independence , we have more than 60 % population having no access to ( toilets ) hygiene , 2/3rd of the population living in absolute poverty , 1/6th of the nation living in naxalites controlled areas . And we are already a “recession proof” India . Entire India has still not felt the impact of growth except a few urban towns , so recession hitting us is a joke ?



By the way , next few days will show India conquering the world as ‘ BHARTI is acquiring an African Telecom Giant’. Read all the headlines …………………………..



While you read these headlines , more than 50 % of India will go to sleep without a meal ………………………..



And also, according to the government , the austerity drive for Indian government is over & our babu’s and politico’s can fly business class, so finally , India is out of recession & on a high growth phase



Rajendra Pratap Gupta

www.rajendragupta.wordpress.com

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