Tuesday, May 20, 2008

India versus bharat

There is a well established belief that economic growth sans distributive justice is the most likely cause for breeding violence in the society. Whereas the governing systems have been expected from eginning itself to provide for equitable distribution of wealth in any society, very little seems to have been attempted by Indian government in this direction. The investment in growth areas is made by a very limited part of the population, so wealth creation is rather skewed. Similarly, the salaried class is also witnessing huge spread. The alarming part of this phenomena is not the difference from the lowest to highest bracket of the salary, but the lack of visible difference in the efforts and output of the manpower in these brackets. The pseudo value creation in corporate sector is not hidden any more. It is very true for Indian set up. The number of sub optimal quality manpower in software sector is a factor that MNCs admit in low undertones. Americans remain the most productive manpower in the world and Ireland comes next. The gap between the Industrialized countries and rest of the world is very high. India has been an unsatiable market and already feeling dizzy with double figure GDP growth and surpassing inflation rate. We must take a lesson from Middle East where beating the global trend the productivity has declined. East Asia has improved max, but remains far behind Europe, US and Canada. The worrying aspects are the fact that the gap within the states of Indian republic is also increasing. The backlash against Hindi speaking migrant laborers and low skilled manpower earlier in Punjab, last year in Assam and now in Maharashtra and Gujrat spells tough times ahead. Haryana, Rajasthan and Uttarakhand are being patronized by service sector MNCs and over a period of half a decade the reactions are sure to come. Naxal violence has always taken a moral high stand of ensuring justice and better distribution of wealth. Both are integral aspects of good governance. But do we have the leadership which is actually concerned with the welfare of masses, unless it converts in to votes. That is the mindset which gets the state governments to price rice at Rs 2 per Kg, and buy it at many times the price from the growers. Similarly, states price power at zero paise for agriculture. To top it all it seeks to insult the law abiding citizens who pay off their debts in time by waiving off farm loans. This country is sitting on a dynamite. The world is looking at it only for its hungry stomachs and billions of bodies to cover themselves and convert into a demand for their produce. Within the next decade we shall witness violent assertion of state identities of a kind that will parallel the demise of nation state in the CIS. The only remedy perhaps is participation of right thinking genuine Indians in the political process. Here are some very interesting facts which should merit our fantasy. The disparities between the state incomes i.e. incomes of the residents has been increasing over the past decade and at the same time the disparities in the incomes at an aggregate level in India has been decreasing. I recommend the following two documents for any one with academic inclination: http://www.cbpp.org/4-9-08sfp.htm http://mpra.ub.uni-muenchen.de/4821/ The growth cycle is bound to catch up with Europe, America, Central Asia and far East, over a period of next two to three decades. Developed world has been struggling with geriatrics for past two decades. This is largely the result of improved longevity