Tuesday, 2 October 2012

Indian economy -- en route to the dream


This article was written as a starter post for a friend's non-profit organisation . 
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As India sailed through the ebbs and flows of Indian economy, some sectors saw a serendipitous boom while others died down. The consequences of them all, have reflected on to the lifestyles and attributes of a common man in India, ever since independence. The quest of survival of a petty commodity in the Indian market, ended because unlike before, "quality" no longer remained a myth in India.

After being chained up for over two centuries by the British monopoly, India finally found its own laissez faire government in 1950. The main focus, then, was to increase trading relations with other established and flourishing civilizations and redeem India's pride. Later, many other policies and reforms took shape and form, and new sectors were born, for instance IT sector market increased exponentially and machine work took the back seat. Nonetheless, still less labour force was required for significantly difficult jobs. In 1991, India heralded the liberalization process and hasn't looked back since then. 

According to the Wiki statistics, India stands as the 10th largest in the world when it comes to nominal GDP and 4th in case of purchasing parity. Also, India is bestowed with one of the best growth rates globally. Still we have a long way to go, per capita income is far too low. According to a 2012 World Bank estimate, 37% of the total Indian population falls below the international poverty line of US $1.5 a day. Many rural areas remain devoid of education facilities. 

Dr. Manmohan Singh voiced his concern about improving the infrastructure of our economy looking at the aftermath that we could face otherwise, after the G20 summit last year . This could dampen trade with European countries and adversely affect our envious growth rate. 

Now I am reminded of this very famous quote by Gordon Gekko from the movie Wall Street --”The richest one percent of this country owns half our country's wealth. One third of that comes from hard work, two thirds comes from inheritance, interest on interest accumulating to widows and idiot sons. Now you're not naive enough to think we're living in a democracy, are you buddy? It's the free market. And you're a part of it. You've got that killer instinct. Stick around. " 

India always was and still remains en route to be the greatest economy of the world, but we still have enormous work to do, to fulfil this endeavour . Seemingly, we could surpass the limitations and reach the desired economical zenith, as M.K.Gandhi had once dreamt, in a decade or two , if we continue to identify and renovate the flaws in our system.

PS : Incidentally , today happens to be 2nd Oct , acknowledged as the birth day of the legend mentioned above . 

Ciao . 

Tuesday, 4 September 2012

Dawn Of Realisation

A peacefully rocking cradle as it may seem , life is more of a never-ending roller-coaster ride . Back in May 2011 , when the world had suddenly shown its brighter side to me ,thanks to the JEE results , I had a similar misconception . Things grew clearer as the clock ticked. Somewhere in our subconsious ,all of us are aware of the fact that in one's dark times , even their own shadow wouldnt follow them . But when things take real shape and form , realities look grim. We are initially shocked at the fact that our identities are determined by some seemingly arbitrary grading system or the same monstrous being in any other form known to homo sapiens. But later when the mysterious cloud parts away , and we grow aware of the ingenious approaches of mankind towards life , we are left with no other choice than to follow the herd. 

Quite unfortunately , India seems to be the hub of such misconceptions . We Indians , the youth to be specific , are the worst sufferers . Amidst  the hullabaloo of competition and defeat , we often overlook what we actually wish to perceive . Our actual pursuit of Happiness . 

I, however , on personal grounds , feel that there's always a niche in everyone's life that they long to accomplish ( ^^having experienced it personally) . Their childhood dream , yet  unaccomplished. For instance , ever since I was an 8th grader , there has been this fictional character, I have been longing to pen down . It has been all the way , in my mind , in my passwords ;-)   , everywhere .  But , probably lack of exclusive writing experience , sort of pulled me back ,  and then came JEE , which made me scrap the idea out of my mind in one go. Nonetheless, I still had patience to preserve it for near future. Yet , things didnt quite go the way I wished they would and the idea still remains on clouds , waiting to be penned down. 

 The bottom line remains the same . Most of us follow the wind , and reach where the crowded path leads , which means most of us are adept at pretty much the same stuff , which is quite unlikely , says the probabilistic logic .

Its a funny thing about life , that if you refuse to accept anything but the best , you very often get it ;-) (best meaning the most apt here ) . Afterall , as Dumbledore says ,"It is our choices...that show us what we truly are, far more than our abilities".

I dont believe in taking right decisions , I take decisions and then make them right .