It is not just the dialogue uttered by SUPERSTAR Rajnikanth in his forthcoming film “SIVAJI-THE BOSS” but to an extent it is the state of our country. One group is arguing that Indian economy is booming. The other group argues that rich is getting richer and poor is getting poorer. Then, which is true?
10–15 years back, middle class family struggled to run their family. Now they have excess money, which they don’t know how to spend. Consumerism was rare 15 years back but now it is on rage. The rise of these middle class families is due to their education, boom in IT sector and globalization.15 years back our society had many lower middle class families but now most of them have become upper middle class. In that regard our economy is booming. It is the scenario in metros and some two-tier cities only.
What about villages and smaller towns? What about slums in cities? Most of the people in these areas are not well educated and not in IT related field. Most of them are in agricultural and its related activities. Most of the marginal farmers are facing huge losses. And most of them are over dependent on agriculture and not looking for alternative avenue. Policy of SEZ, skyrocketing of real estate prices and price rise of essential goods (which all are results of globalization) are really affecting poor people.
There is a need for optimizing the growth in agriculture. Implementing PURA (Providing Urban facilities in Rural Areas) in large scale is also very important. As our honorable President Abdul Kalam often suggests we need more entrepreneurs especially from villages and smaller towns. But what happening now is monopoly by large business houses and multi-nationals. I am not against individual growth but small and medium entrepreneurs should not get affected.
Because of globalization only we have got so many facilities and development. As of now we are only consumers. But we should market not the market. We should grow as producers. If we can achieve that than policy of globalization is indeed a success otherwise not.
10–15 years back, middle class family struggled to run their family. Now they have excess money, which they don’t know how to spend. Consumerism was rare 15 years back but now it is on rage. The rise of these middle class families is due to their education, boom in IT sector and globalization.15 years back our society had many lower middle class families but now most of them have become upper middle class. In that regard our economy is booming. It is the scenario in metros and some two-tier cities only.
What about villages and smaller towns? What about slums in cities? Most of the people in these areas are not well educated and not in IT related field. Most of them are in agricultural and its related activities. Most of the marginal farmers are facing huge losses. And most of them are over dependent on agriculture and not looking for alternative avenue. Policy of SEZ, skyrocketing of real estate prices and price rise of essential goods (which all are results of globalization) are really affecting poor people.
There is a need for optimizing the growth in agriculture. Implementing PURA (Providing Urban facilities in Rural Areas) in large scale is also very important. As our honorable President Abdul Kalam often suggests we need more entrepreneurs especially from villages and smaller towns. But what happening now is monopoly by large business houses and multi-nationals. I am not against individual growth but small and medium entrepreneurs should not get affected.
Because of globalization only we have got so many facilities and development. As of now we are only consumers. But we should market not the market. We should grow as producers. If we can achieve that than policy of globalization is indeed a success otherwise not.
2 comments:
Ultimate truth sir ..
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