A train of thoughts and writings on development, technology and the economy focusing on the socio-techno-economic-cultural surge of developing economies to regain and partake in leadership of the world. Written by George Easaw, a faculty member at Alliance School of Business, Alliance University, Bangalore. (This is purely an academic site, no commercial use is allowed. Photography rights lie with the respective organisations). Mention credits as needed.
A responsible power with no aggressive designs, is how the economist PM, Dr Manmohan Singh has clarified Indian position. It will take roughly 2 - 3 years for the submarine to be inducted in the navy.
With this superb master stroke, India has squeezed itself into a global league of nations set to dominate the world in the coming century. With democracy alive and kicking, Indian technological development will reflect as global development on which the world can rejoice.
With the Karnataka police revealing reluctantly that it was the Sri Ram Sene, which threw pig caracas at a Muslim Madrasa in Mysore which led to communal clashes in Mysore and the death of innocent citizens, the ploy of these anti national elements in disturbing the peace in society, is getting clearer day by day.
Let us hope the leaders of these communities understand the threat it poses to the growth and development of the country, in this crucial phase in its march to development and world leadership.
The simple, straightforward, uncorrupt Kerala CM VS Achuthananthan has found himself ejected from the Politbureau of CPM while the corrupt and CBI accused Pinarayi Vijayan has found himself continuing in the PB and firmly ensconed as the CPM Secretary in Kerala..
While it is a pure internal matter of CPM , it does expose the high moral ground the Marxists have been practicing all these years of being the crusaders against corruption in public office. While the Marxist party has become like an organised Mafia collecting money and disbursing favours, with the leaders who bring in money considered as the most useful, values and ideology take a back seat.
In the long run, this is a sure shot medicine for defeat and total wipeout as in the court of the people all corrupt leaders will be exposed..
Smell of fresh notes is more attractive than the stink of prison cells and the ideals and principles the leaders and anikal have fought for all these years..
By JOHN LEE From today's Wall Street Journal Asia.
China and India will likely defy the economic malaise in Western economies and grow at more than 7% this year. But that is where the comparison should end. Contrary to popular hype, India is actually outpacing China where it counts most -- the economic growth of the rural poor.
Half of China's population and two-thirds of India's still live in rural areas -- roughly 700 million people in each country, most of whom remain poor. In China, the urban-rural income ratio has become increasingly disparate; it was 1.8 times more in the mid-1980s, 2.4 in the mid-1990s, 2.9 in 2001 and now around 3.5.
This trend starkly contrasts with the early years of Chinese economic reform. Over 80% of the poverty reduction in China occurred during Deng Xiaoping's reforms, between 1978 and 1988. Although per-capita incomes have risen since then, the net incomes of about 400 million people have declined over the past decade.
India started from a lower economic base but has made greater gains: Its urban-rural income gap has slowly but steadily declined since the early 1990s. Over the past decade, economic growth in rural India has outpaced growth in urban areas by almost 40%. Rural India now accounts for half of the country's GDP, up from 46% in 1993. Unlike the Chinese, rural Indians do not have to migrate to already crowded urban areas to earn a better living.
These trends mirror the path of economic reform in both nations. China had a huge head start in alleviating poverty. It began free-market reforms in 1978, while India only started on its current journey away from socialism toward a market-based system in the early 1990s. Since the turn of the century, India has been rapidly improving, but China has been getting worse. And since 2000, poverty and illiteracy in India have halved, while the same figures doubled in China.
The role of domestic consumption in the economy also demonstrates the divergent paths of these two developing giants. In China, domestic consumption as a proportion of GDP has fallen to 35% from around 60% in the 1980s. The Chinese "economic miracle" depends mostly on exports and state-led fixed investment. Even Beijing consistently admits this is an unbalanced, unsustainable strategy. Moreover, depressed consumption levels and correspondingly high levels of savings by the citizens of a still-poor country mean growth is uneven and benefits relatively few. In contrast, domestic consumption composes more than two-thirds of the Indian economy. India has a lot of catching up to do, but its poor are rising with the tide, unlike in China.
China's emphasis on state-led fixed-investment growth in urban areas may have fostered this trend, exacerbating inequality and heavily favoring a relatively small number of well-placed insiders. After the 1989 Tiananmen Square massacre, Beijing decided the state should reassert its control of economic growth, which had rested on private-sector entrepreneurship. Before Tiananmen, private-sector investment growth in rural China was growing at 20% annually. After Tiananmen, it dropped to 7%. Hundreds of millions of Chinese have since missed out on the fruits of the country's spectacular growth.
The Chinese and Indian development models are not actually in competition, despite what newspaper headlines and books may suggest. But as magnificent as Shanghai now is, its shiny buildings have been built on the backs of peasants forced to deposit their savings into state-owned banks and receiving little in return. In contrast, India started its reforms 15 years later than China but is quietly and gradually building its base. Now that Prime Minister Manmohan Singh is starting his second term, he will do well to reject the dangerous appeal of the Chinese approach.
Mr. Lee is a foreign-policy fellow at the Centre for Independent Studies in Sydney, a visiting scholar at the Hudson Institute in Washington. (CIS, 2008).
What a way to own up responsibility ?? President Zardari of Pakistan has finally shown the courage the accept that terrorism and extremism were supported by the Pakistani state as a deliberate, sytemic ploy to achieve tactical goals ...
We need to understand what these tactical goals are ..
The US pressure to show India in bad light during the seventies and eighties, as we maintained a close rapport with USSR than US, had forced the Pak authorities who were under US patronage and funding, to turn their guns and intelligence agencies against India to cause maximum damage. To realise later that such a policy has not paid off and would do more damage to US and Pakistan than anybody else took some time. Democracy has such relief valves whereby policies of one administration are completely overturned by the succeeding one and re-introduced by the following one !!.
The realisation that India is a world power in the reckoning, set to achieve super power status, has forced US and its allies in Pakistan to understand that such tactics of guerilla, proxy warfare would not payoff, but cause more damage to Pakistan than anybody else. Such open admissions of guilt and "mea culpa" by Pakistan reinforces Indian stand throughout of a defensive policy than an offensive policy with regard to its small, fragile and terribly vulnerable neighbour Pakistan. Our patience has been tested time and again by the Pak leaders and their supporters from US.
This admission of guilt by Pakistan President, should make the US bow its head in shame as US has been a major power broker in this region during the seventies n eighties, propping up the Taliban and extremism in Pakistan as a state sponsored policy to face the Soviet threat.
Openly holding the US responsible for Talibanisation of the Af-Pak regions and growth of Al-Qaeda will indeed cause lot of heartburn in the US and self-introspection as to its diminishing influence in the region.
After all, everyday is not a Sunday !! And one day, every nation will reap the consequencces of its actions, good or bad, abetting or partnering in crime.. How fast one realises it is the only question remaining unanswered !
Isi'nt it natural for people who live in fear of being penalised by the legal system for their utterances against the unity and integrity of the country, to come out with reports that they are being targetted by the underworld criminals? All this to gain official apathy and divert public attention ..?
Varun Gandhi who made utterances against the minority Muslim community, in the garb of getting votes as a candidate of the communal BJP from Pilibhit, won the seat on communal grounds and BJP has still not disowned him. This makes it easy for the electorate to read between the lines..
The only trick up Varun's sleeve is to pick up the news that he is being targeted by criminals and seek VIP security. In fact all the senior politicians who want to be shielded from the electorate, legal system and the law enforcing agency, have been provided tight security by the govt. In India about 55,000 policemen are being used to provide security to VIPs and VVIPs on the tax payer's money !!
With Maneka Gandhi too joining the fray, with a mom's affection for her son's security, both BJP MPs, and accusing the government of being lackadaisical in its approach to take care of her son, the issue gets interesting .. Maybe for her it is only her intellectually challenged son that matters most, not the thousands who would have got killed by his irresponsible and communal enraging utterances, with an ever supporting party ready to wash its hands off when the situation gets out of hand ..
With the severe drubbing the communalists in India, aka RSS/BJP got in the elections, they are lying low, only to hit back with greater vengeance and venom against all secular forces, who gave them this severe beating !!
The RSS/BJP got severe reprimands from the Lieberhan Commission, probing the Babri Masjid demolition in 1992, indicted its leaders for wreaking havoc on the rich Indian culture and legacy. Indian culture is multi-religious, not dominating and and tolerant, that is what makes it richer and richer .. There is no scope for a majoritarian agenda there..
That is why after the momentary blips in the timeline of history, indicating the rise and fall of the western civilization, world interest is focusing back to India and the Oriental East.. (it may be too early to write off the western civilization of splurge, materialism and individualism)
The ability of the Indian comity to silence disruptive communal forces, looking for momentary gains and benefits, is phenomenal. Will the common man be ever able to see through the divisive tendencies of the communalists who do not believe in unity and integrity of the country and keep them out ?
The infinite wisdom of the common man is beyond any comprehension !!