We all know our country is growing at a higher rate than in last decade the main thrust for that is the liberalisation policies started by our present PM in early 1990's.We are saying we are growing at a higher rate than America,and western countries..all the economic concentration is going to be concentrated in asia..India and China is going to be leaders of future..In a famous speech in British Parliament Obama also pointed out this fact...but he says that us western countries will rule..we can use the opportunities in these countries!!!now all of u will be thinking that what this guy is trying to say...!
I am not saying that growth bad!!!we should consider all the things in a long term point of view..in India still..42 crore people do not have proper food..so what is the benefit of this growth..???
- US&western countries are developed countries they don,t have to grow bcz they have reached the optimum level they only has to maintain it.
- Since their base points are high,growing percentage will be low(simple maths)
- They are intentionally trying to hype the development in India so that they will get more play grounds!!!
- They are eying on the natural resources like water,land,minerals,people!!! which will be the future scarce items..
- atomic energy companies are facing problems all over the world..so they have to find new markets.
I am not saying that growth bad!!!we should consider all the things in a long term point of view..in India still..42 crore people do not have proper food..so what is the benefit of this growth..???
Its hard to believe that India is going to be one of them global leaders in the future with high economic growth.
ReplyDeleteEconomic growth is not only measured using G.D.P(for shor term), you have to look at the economy as a whole(Long term).1)"The standard of living" offcourse which India is going to lack very much even in the future with the corrupted politicians ruling us and corruption taking place at all levels, 2)No proper planning and infrastructure, 3) Social Responsibilities has to be created, as of now The public is lacking this.(Millions of them under poverty line)(No proper education, Job seeker allowence(like in the UK).
There are many more reasons that can be pointed out which will negatively affect India from not being a world leader.
My views might not be exactly right, so please do correct me if any mistakes.....
i was just trying to say that GDP rate is not the ultimate measurement..as u said we have consider the overall development..
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