As a kid I have always noticed people talk about the high
“population” as one of the reasons why there is so much misery & poverty in
the subcontinent.
What other people perceive to be a curse on India, I on the
other hand consider it as a boon & a bigger challenge considering the fact that all India born people have the so
called “Jugaad” principle hard coded into them. The only challenge is to channelize
this unique potential to provide the required thrust to put the subcontinent to its
rightful place which is the - “The Top”.
Consider this before the british came to the subcontinent,it
had almost 40 % of the worlds GDP, and was actually the worlds most wealthiest &
prosperous regions, this is before the british came in and forcibly destroyed
the local small scale cottage industries
to create a market for the goods which
came out of their factories.
Now this article is not about “Britain Bashing”….. as there
is no point in crying over spilt milk, but it is all about effectively &
efficiently utilizing our present resources to regain the prosperity that once
existed on the subcontinent.
Potential solutions are
1. A capitalistic approach to labour laws (Hire-Fire policy)
2. Incentives & tax breaks to promote large scale
industrialisation
3. An improved educational system which would not just help
in bringing in prosperity but also bring in innovation
The idea is to effectively execute these policies as “any
idiot can frame policies, but it takes a genius to properly execute to its desired outcome ”. And I am sure if these
are executed effectively there is no other region that could match the
subcontinent in prosperity
Consider what china has been doing in the manufacturing
sector can be easily replicated by us in the Services & the Manfacturing
sector, as I believe with our English speaking skills this would not be such
a problem. However care must be taken to ensure that we dont just replace but
actually act as a catalyst to the growth engine of the serving economies thus
resulting in a win win situation for all.…. J
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