Thursday 9 January 2014

                               Today I am starting with a true incident which had occurred few years back. Once a Japanese minister came to India and he was asked by an Indian journalist that you Japanese are around hundred millions and we Indians are around thousand millions then why Japan is still well ahead of India?”  The answer by that minister was very simple but the eye opening. He said that you are thousand million residents of India. While we are hundred million citizens of Japan. And friends that is the main difference!
                               One of the intriguing questions of history is that despite of having tremendous amount of natural resources and skilled man power then why even after the 66 years of independence we are still suffering from mammoth like issues? In 1914 we had largest railway network in the world, largest canal network; we were the fourth largest textile manufacturer and were the largest jute producer in the world. At that time our total share in global trading was around 2.5% and still after 100 years we still could not even solve the many major problems. And today our share in global trade reduced to around 0 .5%. Why? What are the reasons of our sluggish growth?                              There are basically five to six main reasons of our lethargic track record. The first reason is after independence our leaders opted the inward looking import reducing policy rather than outward looking export promoting policy.  The second reason is Nehru was very much influenced by the soviet progress. He wanted industrialism but not industrialist and Gandhi did not want industries while he didn’t have any problem with businessmen. So our policies were somewhat like ‘surti undhiyu’. We could not focus or rather follow any particular method and could not take advantages of any of them.  The third reason is our deep rooted castism in our society. The fourth reason is we neglected the importance of research and development. The fifth and the major reason is we neglected the primary and secondary basic education.   

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