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India's Per capita Income
by Dr. Rajendra Nayak on Aug 10, 2006 08:41 PM   Permalink

It is interesting to note a rise I feel and Indians should be proud that the per capita income is rising. The buy now and pay later a western policy has ruined a very large number of families who have committed suicide or in psychiatric wards. One will find on the roadside large number of vehicles for sale due to the inability to pay the EMI's. Under the present circumstances exploitation of labour and talent should be controlled by imposing a national wage policy. India may be the only country where engineering graduates are available for Rs.48000/= per annum. The Government will immediately tell that it is not in their purview of bringing in a national wage policy. Let the people be exploited, die but we will open the doors for foreigners campainging a cheap labour and come and invest in India.
The recent natural disasters will kill many more who have borrowed loans and those who have lent loans too.
Let us have a national wage policy and propogate growth in each and every field. Right now the emphasis is only on IT and BT and there is a huge shortage of civil engineers which will be filled by foreingners who will flock Indian market.

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India per capita income: Rs 23K