India is in the fore front across the globe. Indian IT industry or Indo – US nuclear deal or India’s 8 plus percent growth rate is debated across media endlessly by many. Yes sure we are growing at a rapid pace and we are establishing a niche in many sectors. IS THIS GROWTH INCLUSIVE IS THE MILLION DOLLAR QUESTION???
We might be proud of so many things but the fact remains that close to 26 % of our population is below poverty line.(Less than $ 1 per day) In addition to this 30% population earn less than $2 per day. This growth has not been inclusive. When 1/4th of India still finds to struggle for a decent enough living it makes no sense even if we grow at 10% or more.
The effect of this non-inclusive growth has added a whole set of new problems. Growing threat of Naxalites is one such threat to our country. People in remote areas when they see so much disparity between urban and rural India get disillusioned and are lured into Naxalism. When such people are struggling to make a decent enough living obviously they are an easy target for Naxalites to allure them with money. The fact that almost 1/3rd of India is under the threat of Naxalites bears testimony to this fact. The government is yet to come out with a comprehensive policy on this. One state government declares ceasefire and other takes tough action. It makes a mockery of our system. Law and order is a state subject but Naxalites have no boundaries. Unless the central government comes out with a clear policy Naxalites will exploit the indifferent policies of state governments to drive their movement.
Special Economic Zones ???? It was Singur, Nandigram and tomorrow it might be some other place… Government should come out with a clear policy. The decision of allotting fertile land suitable for agriculture to SEZ makes little sense. If government decides on unfertile land, the compensation paid is too low for farmers. Unless government comes out with a clear cut policy on SEZ many more Singurs are waiting to happen which is surely going to affect country’s growth rate.
Agriculture sector is in shambles. Though it employs more than 50 % of our work force little is being done to bail out this sector. Farmers commit suicide and a compensation package is announced. Funniest part is the cheque given from Prime Minister’s relief fund bounces. That’s the irony. Again Agriculture is a state subject. One government waives all loans at one go when elections are due. Nobody makes an attempt to address the root cause. Unless agriculture is given its due credit we cannot expect an inclusive growth. Packages after packages are announced by various governments but it remains merely on paper. It benefits bureaucrats more than farmers.
The focus of government should be to reduce the income disparity between urban and rural India. If rural people feel let down then it will lead to host of new problems which will in one way or the other affect the growth rate of our country.
When will India become a developed country??? It can only happen when 1/4th of our population which lives below poverty line starts to lead a decent enough life.
We might be proud of so many things but the fact remains that close to 26 % of our population is below poverty line.(Less than $ 1 per day) In addition to this 30% population earn less than $2 per day. This growth has not been inclusive. When 1/4th of India still finds to struggle for a decent enough living it makes no sense even if we grow at 10% or more.
The effect of this non-inclusive growth has added a whole set of new problems. Growing threat of Naxalites is one such threat to our country. People in remote areas when they see so much disparity between urban and rural India get disillusioned and are lured into Naxalism. When such people are struggling to make a decent enough living obviously they are an easy target for Naxalites to allure them with money. The fact that almost 1/3rd of India is under the threat of Naxalites bears testimony to this fact. The government is yet to come out with a comprehensive policy on this. One state government declares ceasefire and other takes tough action. It makes a mockery of our system. Law and order is a state subject but Naxalites have no boundaries. Unless the central government comes out with a clear policy Naxalites will exploit the indifferent policies of state governments to drive their movement.
Special Economic Zones ???? It was Singur, Nandigram and tomorrow it might be some other place… Government should come out with a clear policy. The decision of allotting fertile land suitable for agriculture to SEZ makes little sense. If government decides on unfertile land, the compensation paid is too low for farmers. Unless government comes out with a clear cut policy on SEZ many more Singurs are waiting to happen which is surely going to affect country’s growth rate.
Agriculture sector is in shambles. Though it employs more than 50 % of our work force little is being done to bail out this sector. Farmers commit suicide and a compensation package is announced. Funniest part is the cheque given from Prime Minister’s relief fund bounces. That’s the irony. Again Agriculture is a state subject. One government waives all loans at one go when elections are due. Nobody makes an attempt to address the root cause. Unless agriculture is given its due credit we cannot expect an inclusive growth. Packages after packages are announced by various governments but it remains merely on paper. It benefits bureaucrats more than farmers.
The focus of government should be to reduce the income disparity between urban and rural India. If rural people feel let down then it will lead to host of new problems which will in one way or the other affect the growth rate of our country.
When will India become a developed country??? It can only happen when 1/4th of our population which lives below poverty line starts to lead a decent enough life.
1 comment:
Hey Vinay.
I found your blog useful for this economics case study I'm doing for class.
I have to do a presentation on India's economic story, in terms of its development.
Keep posting!
Steph.
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