Friday, December 30, 2005

IS India shining -kalyan

The sensex of India has reached 9000 mark and going to hit 10000 mark
with a great speed . the indian sensex astonishing all the business and
corporate trades as it virtually doubled in between 2004 and 2005 .
Dalal street diverted the attention of international corporate trades
towards investments in India .

GDP in India poised to grow 7.5% in this fiscal year . manmohan singh ,
the prime minister of india asserted at the economic summit that India
should be .aiming at 10% GDP growth in the next 2-3 years.More Exiting
are projections that india's GDP will keep growing at 6-7% every year
for the next 20 years or so , by when it will emerge as the third
largest economy of the world. The mobile phone users in india are
already reached 5 crore mark .

It would be false assumption if we think india is shining by comparing
all data in the piece of paper . Still,most of the Indians are below
the poverty line with the starvation as india is unable to meet
secondary needs like education , health and unemployment . According to
human development report , india ranks 127 out of 177 countries . The
adult and youth literacy percetage in india is just 73.3% and lagging
behind with Srilanka(97%) and china(98.9%) .

The students who just finished their graduation in techinical , madical
and management studies straight out of from the universities and B
schools are able to demand tens of thousands of rupees as a montly
income. We cannot expect this type of bumper salaries in any other
professions or in rural areas . The average daily wage of the
agricltural labour in the rural areas is less than the daily
expenditure of the student studying in corporate schools . The above
examples shows the nature of economic disequilbrium in our country
.According to shashi tharoor , an eminent coloumnist in international
journals ,opined that the dividing lines between rich and poor,eastern
and western countries, are high speed digital optical fibre lines.His
opinion looks true in real sense.

A new question triggered in our minds that how can this scientific and
IT development helps us to remove economic imbalances in our country .
How can avail of free education helpful to a boy without a proper diet
.Demographic sources are predicting that India would be emerge as a
largest young economy of the world by 2025 . But the question is , how
this youth can helps in the construction of Indian development ?

as most of the talented brains of our country would prefer to serve
their valuable services to foreign countries for acquiring money

or good status in a short term period .Every one should realise that

the rural and agricultural development brings the qualitative changes
in poor and down trodden but not with the Information technology . The
main problem of the indian economy is not with the lack of natural
resources but with the under utilisation of natural and human resources
.

-kalyan chandra

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