I see lot of people complaining about rising costs associated with high growth in few limited sectors. Here are few simple questions that you may want to answer: (1)What is the alternative? We already tried Nehruvian socialistic, license Raj economy. I lived in India till 1995 and I can tell you all that are complaiing about new system, that it was nothing but a rut. Either you had to be an IAS/IPS or big businessman or politician to lead good life. Now anyone can get a job as long as they have basic education. Pre 1995, a BCOM degree meant unemployment or a job of a chaprasi. Now someone with that degree can get a job in call center and earn decent living. Standard of living is way up since 1995. Earlier, I remember we used to go to a neighbor's place to watch TV because many families could not afford it. Now almost all I know have a TV. (2)If there is growth only for few people, why should that be a problem for the rest? I mean, if let us say we had 100 poor people and now we have 90poor and 10 rich, what difference it makes to 90 poor, they were poor before? Good thing is 10 rich will create jobs for few amongst those 90. This is a "virtuous" cycle. You can't make everyone rich overnite. Things take time. Growth in country like India will take time to trickle down to all. Just be patient.
RE:Indians should happy but not complacent.
by hello on Mar 08, 2007 02:17 AM Permalink
right points! Good thinking for the current situation!!! Let us try to make that 10% rich to 20% rich & by that way 90% poor will be reduced to 80% poor. This way makes the 80% poor good living like easy jobs & other benefit because of the increased consumption of the 20% rich & their higher tax pay etc. This will stimulate the economy too.
RE:RE:Indians should happy but not complacent.
by swati jasani on Mar 13, 2007 09:17 AM Permalink
This is one of the few intelligent discussion that i have found on this site. I felt very bad that on indian site either people are hurling abuses in general to everyone to PM to anti-socials or to other posters. This is one of the few that encourages creative thinking.. keep it up..
Cost of education is a big worry. Govt should rather concentrate on making affordable modern education to all rather than giving reservations. Fellowship system has to be set up for any higher studies and not only science/medical etc. With or without inflation, cost of education is a major concern.
RE:Genuine concerns
by Shantanu Bapat on Mar 07, 2007 06:24 AM Permalink
So you are suggesting subsidizing education?. Where will money for fellowship system come from? TAXES! because money does not come from air. PC(Finance minister) is not PC SARKAR! So you want to fight inflation by paying more taxes? How will that make education more affordable? Just trying to understand
RE:RE:Genuine concerns
by kumpu on Mar 07, 2007 02:42 PM Permalink
Tell Mr. PC our FM. He will increase the Education cess to more percentage. God Only knows where he ploughed back those huge funds so far collected. Our Congy govt is a Slave of the West - I mean Italy.
1. IT/BPO/foreign banking can not make everybody rich and run country. What will happen tomorrow if china and South America can do cheaper job than India. Remember west does not love India but they love Indian cheap hi-tech labor. 2. Cutting down the trees and agriculture on the cost of hi-tech industry will not solve average man problem. Everybody eats bread and veggie everyday. If there is no land left for agriculture then no food. Few smart people try to convince profit and loss in term of agriculture and industrial profits. 3. I know good job, salary, technology and all the latest gadgets are important in life and for country. But we also need clean air, water, lakes, rivers, big urban parks, unspoiled jungles, high octane number fuel for automobiles, civilized society, good garbage and sanity disposal system, clean public transport, good social security, public services and public health care. We need place for walking, running, hiking, swimming pools, river rafting, cycling, skiing, boating and all sorts of sports activities for public.
RE:Need to understand
by hello on Mar 08, 2007 02:13 AM Permalink
2nd point needs correction. IT/BPO goes out what to do we do for living if we don't industralize??? Are you planned to eat only veggie & bread!!!
RE:Need to understand
by hello on Mar 08, 2007 03:04 AM Permalink
Also about, 3rd point, where do you get all the money from, Do you plan to get all these from Agri, bullock & Bullock Dung sales???
We needs balanced growth!!!
By growing industrially, it not necessirly spoil whole Indian Agriculture!!! We have lot of waste land which doesn't produce anything, we can very well utilize them by growing industries. E-commerce site can grow on any soil, it needs only some mineral water forthe people who operate the site.
Regarding air purity, we can enforce strict standard on smoke.
Regarding global air purity, we cannot control anything, better don't talk about that.
?ho told him to go to Tuticorn. He could have, as well, stayed put in Kolkata. Living in Kolkata, is comparatively cheaper than compared to other cities.
RE:Anup
by Amit Sharma on Mar 06, 2007 03:55 PM Permalink
Buddy, you missed the whole point. The point is about the inflation rate and not a place being cheaper then another. Although the inflation rate in Kolkata is slightly less then most of other places but even there it is catching up. This is a national situation and not one off case.
RE:Anup
by randeep sharma on Mar 06, 2007 03:16 PM Permalink
Can u ask the entire conutry to accomodate in Kolkata. When people from Kolkata are coming to different part of India Y are u challanging somebody like this
RE:Anup
by Yehswanth Pai on Mar 06, 2007 04:05 PM Permalink
Listen you dummy -I thought we were talking about an aam aadmis life w.r.to inflation and NOT Tutikorin! Do u want the whole country to slum it out in Calcutta for chaeper rice and river fish and get what in the bargain...Diseases??? INFLATION is waht we are talking about YOU NUT...Yeshwanth Pai
RE:Anup
by Abhijit Bhowmick on Mar 06, 2007 03:19 PM Permalink
The problem cannot be solved if all move to calcutta as it is cheap.....this is not viable. Whetehr it be Tuticorin or anywhere, the fact is prices are going up very fast....real fast....my dad is in construction industry and he says even government projects surpass their budgets over a period of time....everyone is affected....gov. needs to bring in measures that will bring down cost of commodities.
