Here are some interesting news that are online today which tells about the Indian economic projections:
In olden days, governmental authorities used to be more sensitive to such issues and would have intervened at the right time to prevent such economic mishaps. Of late, in the so-called liberalized economy, governmental authorities are seen as shying away from executing their responsibilities lest they may be accused as partisan.
As I have written in this forum many times, government has a right and a responsibility to intervene in the affairs of any corporate business entity when it is faced with situations where employment and governmental income by way of taxes are affected or likely to be affected.
The ultimate aim for any government is to ensure welfare of its people and employment should be one of the first priorities under citizens' welfare. If the citizens do not have income, no country could progress. So, income of citizens should be the first priority of any progressive nation and its leadership.
Leader of a massive BPL population is nothing of a big achievement! Power and prosperity of the nation vest with the people. If the people are poor and pathetic, the nation as a whole too would be of that type. Strikingly rich individuals of such nations should not be in a position to raise their heads in pride if they have any consciousness left within them!
India is a nation of predominantly income-less people, with only about 3 % of the people officially paying direct income tax as per government reports. Even in this nearly 90% are in the income range of $ 3000-8000 per year. A little over 42000 people in the whole of India are officially reported with an income exceeding $ 160,000/- in a year. But people having wealth in millions may be much more considering the high levels of black money, corruption and under reporting of wealth.
But yet it is a shameful condition. There is nothing that common Indians could take pride of in such a situation. The unemployment and under employment situations are alarmingly growing with no one having any solutions. Even those employed are hardly with any decent income that could cause any boost in the Indian market to generate more employment.
In India no one seems to be bothered about the situation. All seem to be pretty well satisfied with all the problems. They move as if in good sedation that they feel no pains ever!
A young man sent this famous Napoleon quote to me that reflected the anguish and anxiety that only a negligible number of people in India realize:
" The world suffers a lot not because of the violence of the bad people, but because of the silence of the good people!"
Is India listening? I doubt.
Should we worry about the walking dead bodies of India any more? I do not know. I too am becoming one of that!
So how to do the root cause analysis of India when the majority feel no pains?
I could have done it to some extent. But there is no one to see and act on my analysis.
All around me appear as senseless.
Soon, my own ability would vanish.
I too would become a walking dead body, sedated , senseless and feeling no pains!
Perhaps in the bliss of ignorance!
See how infectious this sedation is!
I started with something and ended with this sedated philosophy!
But it's okay because no one is going to read this and react.
If possible, let us pray to God for giving back our senses!