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	<title>Comments on: Feeling Good About Indian Economy</title>
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	<link>http://indianeconomy.org/2007/12/23/feeling-good-about-indian-economy/</link>
	<description>Issues &#38; insights</description>
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		<title>By: nm group</title>
		<link>http://indianeconomy.org/2007/12/23/feeling-good-about-indian-economy/comment-page-1/#comment-264465</link>
		<dc:creator>nm group</dc:creator>
		<pubDate>Wed, 20 Feb 2008 10:34:19 +0000</pubDate>
		<guid isPermaLink="false">http://indianeconomy.org/2007/12/23/feeling-good-about-indian-economy/#comment-264465</guid>
		<description>hi krish!
While one feels great about the India Growth Story, there is a hidden downside: social and environmental costs are being quietly passed on, and frankly, society and environment are getting saturated.
you are absolutely right..
all the best</description>
		<content:encoded><![CDATA[<p>hi krish!<br />
While one feels great about the India Growth Story, there is a hidden downside: social and environmental costs are being quietly passed on, and frankly, society and environment are getting saturated.<br />
you are absolutely right..<br />
all the best</p>
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		<title>By: nm group</title>
		<link>http://indianeconomy.org/2007/12/23/feeling-good-about-indian-economy/comment-page-1/#comment-264464</link>
		<dc:creator>nm group</dc:creator>
		<pubDate>Wed, 20 Feb 2008 10:33:01 +0000</pubDate>
		<guid isPermaLink="false">http://indianeconomy.org/2007/12/23/feeling-good-about-indian-economy/#comment-264464</guid>
		<description>both these architects of Indian economy were ruing the high rates of subsidies that are not serving their prupose and are in effect a drain on the economy!</description>
		<content:encoded><![CDATA[<p>both these architects of Indian economy were ruing the high rates of subsidies that are not serving their prupose and are in effect a drain on the economy!</p>
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		<title>By: Krishnaraj Rao</title>
		<link>http://indianeconomy.org/2007/12/23/feeling-good-about-indian-economy/comment-page-1/#comment-263840</link>
		<dc:creator>Krishnaraj Rao</dc:creator>
		<pubDate>Thu, 24 Jan 2008 08:05:05 +0000</pubDate>
		<guid isPermaLink="false">http://indianeconomy.org/2007/12/23/feeling-good-about-indian-economy/#comment-263840</guid>
		<description>While one feels great about the India Growth Story, there is a hidden downside: social and environmental costs are being quietly passed on, and frankly, society and environment are getting saturated.

An important social principle is violated by many manufacturing activities: While engaged in a profit-making activity, one must not leave a mess behind for the rest of society to clean up. 

This principle can easily be understood as common decency. If I come to your house as a salesman in order to market something, I must clean up any mess that I make while selling my product.

But this principle is continually breached by manufacturers and marketers on a large scale in our country, and nobody even thinks of objecting!

Have you ever pondered how mineral water and soft-drink manufacturers who sell their product to you in a PET bottle take no further responsibility what happens to their non-biodegradable bottle? Most often, it ends up as litter in the environment, because the consumer simply does not know what to do with the bottle, other than tossing it away.

This is not how it should be. At the time of conceptualizing and designing the product, the manufacturer has the responsibility of thinking what will happen to the discarded packaging, or, in the case of non-consumables, to the product itself after its use. He must take the responsibility to create a safe avenue for its disposal or recycling.

This requires a mechanism to collect the empty container or used product. So he must set up that mechanism. For instance, the grocery shopkeeper may incentivate the consumer to return PET bopttles to him by initially charging a coupl;e of rupees as deposit for the bottle, which he returns when the consumer returns the bottle to him. These bottles can then be sent back to the company&#039;s recycling facility. (This is how soft-drink bottles made of glass were returned to manufacturers until very recently, remember? We, the consumers, were OK with this system. So why the sudden urge to package everything in discardable materials?)

We should mobilize citizens to demand legislation that every manufacturer must repurchase/collect and recycle as many tonnes of raw material as he uses on a week-by-week basis. For example, if a mineral-water manufacturer uses ten tonnes of plastics per week to manufacture bottles, he MUST buy back ten tonnes of plastic scrap and safely recycle it. 

Now think for a moment about used automobiles. Used cars and scooters in India are sold as second-hand vehicles, and then third-hand, fourth-hand. A second-hand vehicle may go from a metropolis to a small town or village. It keeps going further and further into the interiors as it ages, as its condition deteriorates and its market price dwindles. And then?

And then it is sometimes sold to a garage at a throwaway price, and this garage may salvage spare parts from it. ut what remains of this vehicle, including worn-out tyres, may lie around rusting and gathering dust for years and years on some deserted road. The tyres, when they are often burnt in winter for warmth, releasing black, acrid smoke and carcinogenic chemicals into the atmosphere.

Or it lies as a rusting eyesore in some building compound for many years as the last owner loses all motivation to either repair it or sell it. 

Thus, every automobile manufacturer sells a product that turns into many hundred tonnes of junk -- assorted metal, plastic, glass and rubber junk -- after 6-8 years. They end up littering the beautiful countryside with this junk. Is this socially acceptable behaviour?

If one looks for solutions, they are not difficult to find. Legislation and regulations are the answer.

Automobile manufacturers must be required by law to buy back that many tonnes of metals, plastics, glass etc every week, and find ways to recycle them.  The cost may be met by raising the market price of their product... but the responsibility to make the recycling activity happen MUST be fixed on the manufacturer of every product. 

The same applies to tyres, batteries, plastic goods, newspapers, textiles, chemicals, auto-lubricant oils, etc. The list is long.

It is possible that this will make some manufacturing and marketing processes unviable. If so, this would mean that these economic activities were unviable in the first place, and were sustainable only by passing on hidden costs to the environment, to society and to consumers! Such activities must necessarily come to an end.

Many industrial activities are environmentally and socially subsidized to keep them economically profitable. Let us lobby governments to knock off that subsidy and see how many activities remain sustainable! 

I propose peaceful demonstrations to compel industries to self-regulate, and legislators to pass laws:

Small groups of citizens shall collect the  branded packaging material of various manufacturers from the environment, and delivering them in large bundles every week to their corporate offices. It belongs to them, right? So let them have it back! 

A peaceful demonstration like this, sustained over some weeks, would make a powerful statement. I think this will make a powerful media impact as well... and thereby, an impact on the consciousness of people. 

This would be the first step to making changes happen. Citizens, industry and government must first be made to acknowledge that there is a problem; then viable solutions will begin to emerge.

What say, fellow-citizens? I would appreciate your detailed responses to this idea.

Those who wish to join me in peaceful social action (as described) are urged to email me at friendlyghost.kk@gmail.com 

Warmly,
Krish

http://friendlyghost.rediffiland.com
http://globalwarming.rediffiland.com</description>
		<content:encoded><![CDATA[<p>While one feels great about the India Growth Story, there is a hidden downside: social and environmental costs are being quietly passed on, and frankly, society and environment are getting saturated.</p>
<p>An important social principle is violated by many manufacturing activities: While engaged in a profit-making activity, one must not leave a mess behind for the rest of society to clean up. </p>
<p>This principle can easily be understood as common decency. If I come to your house as a salesman in order to market something, I must clean up any mess that I make while selling my product.</p>
<p>But this principle is continually breached by manufacturers and marketers on a large scale in our country, and nobody even thinks of objecting!</p>
<p>Have you ever pondered how mineral water and soft-drink manufacturers who sell their product to you in a PET bottle take no further responsibility what happens to their non-biodegradable bottle? Most often, it ends up as litter in the environment, because the consumer simply does not know what to do with the bottle, other than tossing it away.</p>
<p>This is not how it should be. At the time of conceptualizing and designing the product, the manufacturer has the responsibility of thinking what will happen to the discarded packaging, or, in the case of non-consumables, to the product itself after its use. He must take the responsibility to create a safe avenue for its disposal or recycling.</p>
<p>This requires a mechanism to collect the empty container or used product. So he must set up that mechanism. For instance, the grocery shopkeeper may incentivate the consumer to return PET bopttles to him by initially charging a coupl;e of rupees as deposit for the bottle, which he returns when the consumer returns the bottle to him. These bottles can then be sent back to the company&#8217;s recycling facility. (This is how soft-drink bottles made of glass were returned to manufacturers until very recently, remember? We, the consumers, were OK with this system. So why the sudden urge to package everything in discardable materials?)</p>
<p>We should mobilize citizens to demand legislation that every manufacturer must repurchase/collect and recycle as many tonnes of raw material as he uses on a week-by-week basis. For example, if a mineral-water manufacturer uses ten tonnes of plastics per week to manufacture bottles, he MUST buy back ten tonnes of plastic scrap and safely recycle it. </p>
<p>Now think for a moment about used automobiles. Used cars and scooters in India are sold as second-hand vehicles, and then third-hand, fourth-hand. A second-hand vehicle may go from a metropolis to a small town or village. It keeps going further and further into the interiors as it ages, as its condition deteriorates and its market price dwindles. And then?</p>
<p>And then it is sometimes sold to a garage at a throwaway price, and this garage may salvage spare parts from it. ut what remains of this vehicle, including worn-out tyres, may lie around rusting and gathering dust for years and years on some deserted road. The tyres, when they are often burnt in winter for warmth, releasing black, acrid smoke and carcinogenic chemicals into the atmosphere.</p>
<p>Or it lies as a rusting eyesore in some building compound for many years as the last owner loses all motivation to either repair it or sell it. </p>
<p>Thus, every automobile manufacturer sells a product that turns into many hundred tonnes of junk &#8212; assorted metal, plastic, glass and rubber junk &#8212; after 6-8 years. They end up littering the beautiful countryside with this junk. Is this socially acceptable behaviour?</p>
<p>If one looks for solutions, they are not difficult to find. Legislation and regulations are the answer.</p>
<p>Automobile manufacturers must be required by law to buy back that many tonnes of metals, plastics, glass etc every week, and find ways to recycle them.  The cost may be met by raising the market price of their product&#8230; but the responsibility to make the recycling activity happen MUST be fixed on the manufacturer of every product. </p>
<p>The same applies to tyres, batteries, plastic goods, newspapers, textiles, chemicals, auto-lubricant oils, etc. The list is long.</p>
<p>It is possible that this will make some manufacturing and marketing processes unviable. If so, this would mean that these economic activities were unviable in the first place, and were sustainable only by passing on hidden costs to the environment, to society and to consumers! Such activities must necessarily come to an end.</p>
<p>Many industrial activities are environmentally and socially subsidized to keep them economically profitable. Let us lobby governments to knock off that subsidy and see how many activities remain sustainable! </p>
<p>I propose peaceful demonstrations to compel industries to self-regulate, and legislators to pass laws:</p>
<p>Small groups of citizens shall collect the  branded packaging material of various manufacturers from the environment, and delivering them in large bundles every week to their corporate offices. It belongs to them, right? So let them have it back! </p>
<p>A peaceful demonstration like this, sustained over some weeks, would make a powerful statement. I think this will make a powerful media impact as well&#8230; and thereby, an impact on the consciousness of people. </p>
<p>This would be the first step to making changes happen. Citizens, industry and government must first be made to acknowledge that there is a problem; then viable solutions will begin to emerge.</p>
<p>What say, fellow-citizens? I would appreciate your detailed responses to this idea.</p>
<p>Those who wish to join me in peaceful social action (as described) are urged to email me at <a href="mailto:friendlyghost.kk@gmail.com">friendlyghost.kk@gmail.com</a> </p>
<p>Warmly,<br />
Krish</p>
<p><a href="http://friendlyghost.rediffiland.com" rel="nofollow">http://friendlyghost.rediffiland.com</a><br />
<a href="http://globalwarming.rediffiland.com" rel="nofollow">http://globalwarming.rediffiland.com</a></p>
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		<title>By: rambhai</title>
		<link>http://indianeconomy.org/2007/12/23/feeling-good-about-indian-economy/comment-page-1/#comment-263660</link>
		<dc:creator>rambhai</dc:creator>
		<pubDate>Thu, 10 Jan 2008 15:19:57 +0000</pubDate>
		<guid isPermaLink="false">http://indianeconomy.org/2007/12/23/feeling-good-about-indian-economy/#comment-263660</guid>
		<description>the indian economy is doin fine and the share jus crossed 21000 points. all sectors are booming and the fdi and fii is jus flowing in that good for the economy. but the thing that wories me is whether will it be able to sustain that growth in the near future or will recession creep in too quickly. by 2050 will INDIA be a superpower</description>
		<content:encoded><![CDATA[<p>the indian economy is doin fine and the share jus crossed 21000 points. all sectors are booming and the fdi and fii is jus flowing in that good for the economy. but the thing that wories me is whether will it be able to sustain that growth in the near future or will recession creep in too quickly. by 2050 will INDIA be a superpower</p>
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		<title>By: nirm</title>
		<link>http://indianeconomy.org/2007/12/23/feeling-good-about-indian-economy/comment-page-1/#comment-263599</link>
		<dc:creator>nirm</dc:creator>
		<pubDate>Sun, 06 Jan 2008 21:24:41 +0000</pubDate>
		<guid isPermaLink="false">http://indianeconomy.org/2007/12/23/feeling-good-about-indian-economy/#comment-263599</guid>
		<description>Statistically, as they say, the poor will always be with us. This is even more evident in India where the size of its poor and the level of their deprivation is mind boggling. However, there is one thing that has not been mentioned here and is often overlooked in macro level planning that can help - technology. Promising technologies and innovations, both humble and hi-tech are available or will soon be available that can be leveraged in a mass scale improve the quality of life of the poor even though their relative poverty does not improve much. To name a few , cell phones, WiFi, online education and telemedicine, nanotechnology based cheap water desalination/recycling, bio technology enabled cheap pharmaceuticals and boost to agricultural productivity, cheap solar, wind, cellulosic ethanol energy, improved stoves, fortified foods and low cost housing. 

What is needed is to take these technologies to the micro scale to the masses in innovative and cost effective ways involving the private sector as opposed to repeatedly throwing money at state managed massive, centralized and criminally wasteful top-down schemes and subsidies.</description>
		<content:encoded><![CDATA[<p>Statistically, as they say, the poor will always be with us. This is even more evident in India where the size of its poor and the level of their deprivation is mind boggling. However, there is one thing that has not been mentioned here and is often overlooked in macro level planning that can help &#8211; technology. Promising technologies and innovations, both humble and hi-tech are available or will soon be available that can be leveraged in a mass scale improve the quality of life of the poor even though their relative poverty does not improve much. To name a few , cell phones, WiFi, online education and telemedicine, nanotechnology based cheap water desalination/recycling, bio technology enabled cheap pharmaceuticals and boost to agricultural productivity, cheap solar, wind, cellulosic ethanol energy, improved stoves, fortified foods and low cost housing. </p>
<p>What is needed is to take these technologies to the micro scale to the masses in innovative and cost effective ways involving the private sector as opposed to repeatedly throwing money at state managed massive, centralized and criminally wasteful top-down schemes and subsidies.</p>
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		<title>By: Indian Economic growth story &#124; Facts and Figures</title>
		<link>http://indianeconomy.org/2007/12/23/feeling-good-about-indian-economy/comment-page-1/#comment-263550</link>
		<dc:creator>Indian Economic growth story &#124; Facts and Figures</dc:creator>
		<pubDate>Fri, 04 Jan 2008 09:24:02 +0000</pubDate>
		<guid isPermaLink="false">http://indianeconomy.org/2007/12/23/feeling-good-about-indian-economy/#comment-263550</guid>
		<description>[...] Source  Tags: , Economic-development, facts-and-Figures, GDP, growth story, India, Indian-economy [...]</description>
		<content:encoded><![CDATA[<p>[...] Source  Tags: , Economic-development, facts-and-Figures, GDP, growth story, India, Indian-economy [...]</p>
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		<title>By: HmmBut</title>
		<link>http://indianeconomy.org/2007/12/23/feeling-good-about-indian-economy/comment-page-1/#comment-263509</link>
		<dc:creator>HmmBut</dc:creator>
		<pubDate>Wed, 02 Jan 2008 23:16:58 +0000</pubDate>
		<guid isPermaLink="false">http://indianeconomy.org/2007/12/23/feeling-good-about-indian-economy/#comment-263509</guid>
		<description>Singapore economy contracted by 3.2 percent last quarter.

US manufacturing contracted in December.

Doom! Doom! Doom!</description>
		<content:encoded><![CDATA[<p>Singapore economy contracted by 3.2 percent last quarter.</p>
<p>US manufacturing contracted in December.</p>
<p>Doom! Doom! Doom!</p>
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		<title>By: ST</title>
		<link>http://indianeconomy.org/2007/12/23/feeling-good-about-indian-economy/comment-page-1/#comment-263429</link>
		<dc:creator>ST</dc:creator>
		<pubDate>Sun, 30 Dec 2007 04:00:47 +0000</pubDate>
		<guid isPermaLink="false">http://indianeconomy.org/2007/12/23/feeling-good-about-indian-economy/#comment-263429</guid>
		<description>The key drivers, in my opinion and with a limited working knowledge I have, are a combination of what it is required to do business - simply put. And the biggest driver of course is the Money ! In license raj,( a mixed economy model started by Nehru after independence) as we all know, there was no encouragement to open businesses, so no competition, and hence no need for innovation too. Public sector had more responsibility for technological innovation in many core sectors (at least theorotically) but they failed miserably due to corrupt politics. So after we lost the train, and arrears in balance of payments mounted upto throat, we started &quot;Liberalization&quot; in early 90s as a condition of IMF loans. 
Well, what it means, is whoever has technology and money, can do business in our country. Now if I invest my money and open business anywhere, I will do it to earn money, and take that money to my home where I can use it to my will. I have no business to think what good or bad I am doing to that area, except to make sure I have expanding customer base.
So the forces (Highly skilled and intelligent people of India deprived of opportunities, physical resources and a huge demographic market) which were trapped for several years suddenly got released after 1991, more after 1999. Now everything required to do business is readily available suddenly, technology which took years to develop in the west, and a pile of money. So the people who have this entered in the race, flooded goods in the market, created some jobs in the process, and here we go - everybody, especially in urban areas,seems different.
There was a indigenous development too which happened during this period, in spite of incompetent politicians. People did it somehow in a will to succeed - see small scale industries in states like Gujarat, Maharashtra, tremendous agricultural development in Punjab, Haryana, some parts of UP etc..
But by and large, &quot;Growth&quot; really started getting noticed only after privatization and more businesses opening. So the people of India, amongst the most intelligent in the world, now got opportunity ! No wonder they started running in the race and powered the &quot;growth&quot; engine.
As we all know, because the horse has been suddenly let loose, those who were in a better position in society could immediately take advantage of it. These are the few people we keep talking about, who will ever get richer and richer, start with Ambanis and come down to middle level industrialists, real estaters, politicians, middle class elites etc... Go further down and these are working class, whose no. have gone up no doubt, but no so much compared to what it should have been if you look at population. Come further down and now we have lower class peasants, farmers and poors in the country, just enormous in sheer numbers. Wondering what has happened to push the price of edible oil to Rs. 80 and sometimes getting Daal but no Atta, and sometimes getting Atta and no Daal !

This theory may have flaws, may need modifications and corrections. Feel free to do so !

Cheers !</description>
		<content:encoded><![CDATA[<p>The key drivers, in my opinion and with a limited working knowledge I have, are a combination of what it is required to do business &#8211; simply put. And the biggest driver of course is the Money ! In license raj,( a mixed economy model started by Nehru after independence) as we all know, there was no encouragement to open businesses, so no competition, and hence no need for innovation too. Public sector had more responsibility for technological innovation in many core sectors (at least theorotically) but they failed miserably due to corrupt politics. So after we lost the train, and arrears in balance of payments mounted upto throat, we started &#8220;Liberalization&#8221; in early 90s as a condition of IMF loans.<br />
Well, what it means, is whoever has technology and money, can do business in our country. Now if I invest my money and open business anywhere, I will do it to earn money, and take that money to my home where I can use it to my will. I have no business to think what good or bad I am doing to that area, except to make sure I have expanding customer base.<br />
So the forces (Highly skilled and intelligent people of India deprived of opportunities, physical resources and a huge demographic market) which were trapped for several years suddenly got released after 1991, more after 1999. Now everything required to do business is readily available suddenly, technology which took years to develop in the west, and a pile of money. So the people who have this entered in the race, flooded goods in the market, created some jobs in the process, and here we go &#8211; everybody, especially in urban areas,seems different.<br />
There was a indigenous development too which happened during this period, in spite of incompetent politicians. People did it somehow in a will to succeed &#8211; see small scale industries in states like Gujarat, Maharashtra, tremendous agricultural development in Punjab, Haryana, some parts of UP etc..<br />
But by and large, &#8220;Growth&#8221; really started getting noticed only after privatization and more businesses opening. So the people of India, amongst the most intelligent in the world, now got opportunity ! No wonder they started running in the race and powered the &#8220;growth&#8221; engine.<br />
As we all know, because the horse has been suddenly let loose, those who were in a better position in society could immediately take advantage of it. These are the few people we keep talking about, who will ever get richer and richer, start with Ambanis and come down to middle level industrialists, real estaters, politicians, middle class elites etc&#8230; Go further down and these are working class, whose no. have gone up no doubt, but no so much compared to what it should have been if you look at population. Come further down and now we have lower class peasants, farmers and poors in the country, just enormous in sheer numbers. Wondering what has happened to push the price of edible oil to Rs. 80 and sometimes getting Daal but no Atta, and sometimes getting Atta and no Daal !</p>
<p>This theory may have flaws, may need modifications and corrections. Feel free to do so !</p>
<p>Cheers !</p>
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		<title>By: Floridian</title>
		<link>http://indianeconomy.org/2007/12/23/feeling-good-about-indian-economy/comment-page-1/#comment-263414</link>
		<dc:creator>Floridian</dc:creator>
		<pubDate>Sat, 29 Dec 2007 23:31:11 +0000</pubDate>
		<guid isPermaLink="false">http://indianeconomy.org/2007/12/23/feeling-good-about-indian-economy/#comment-263414</guid>
		<description>I would like a little more information on the key drivers of India&#039;s growth. Globalization and demographic dividend are two factors that have been discussed to death at this site, but what else? I am sure it takes an array of social and economic forces to cause such a sea change in a country&#039;s economy. I await your response.</description>
		<content:encoded><![CDATA[<p>I would like a little more information on the key drivers of India&#8217;s growth. Globalization and demographic dividend are two factors that have been discussed to death at this site, but what else? I am sure it takes an array of social and economic forces to cause such a sea change in a country&#8217;s economy. I await your response.</p>
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		<title>By: ST</title>
		<link>http://indianeconomy.org/2007/12/23/feeling-good-about-indian-economy/comment-page-1/#comment-263394</link>
		<dc:creator>ST</dc:creator>
		<pubDate>Fri, 28 Dec 2007 20:54:12 +0000</pubDate>
		<guid isPermaLink="false">http://indianeconomy.org/2007/12/23/feeling-good-about-indian-economy/#comment-263394</guid>
		<description>There is nothing which can be &quot;strengthened&quot; though,unfortunately. Higher education is already out of reach of poor. The fees for a polytechnic diploma in 1994 was Rs 4500 per year, which now I hear is a whopping Rs 75000. Thats just a diploma not even degree. Thousands of engineers in some states are doing the job of a clerk, or a contract technical resource. Leave aside the BAs, Bcoms and others. Because higher ed was privatized long back, we are now seeing its devastating effect on society. Education is also a real problem in developed states like the US, But the economy in these states is very different. It is developed, less population, jobs for everyone who wants to work (on anything available), with an almost guranteed basic needs fulfilment, add to that no social and cultural pressures etc... That is exactly what doesnt match with countries like India. So at that expense, the already middle class will be sending their sons and daughters to higher eds, the farmers and peasants will remain where they are, only a few proportion will somehow manage. 
While I want to be proud and happy with the &quot;development&quot; in India, as more &amp; more people now own cars, 4 lane highways coming, new airports, cheap air tickets and increasing traffic, Mcdonalds and Pizza (a symbol of affluence in India I guess !), I also try to peek inside into the villages just to see, and find sad stories all over full of struggle. Thats what makes me try to find a theory to explain this and came up with this !!!
Of course dynamics in any economy is not so easy explain as it is not exact science.
A comment of growth concentrated in 4 states above is well put. There are only a few states in India, and again, some urban pockets in those states, which are seeing lots of growth compared to other states and rural areas.

Cheers !!</description>
		<content:encoded><![CDATA[<p>There is nothing which can be &#8220;strengthened&#8221; though,unfortunately. Higher education is already out of reach of poor. The fees for a polytechnic diploma in 1994 was Rs 4500 per year, which now I hear is a whopping Rs 75000. Thats just a diploma not even degree. Thousands of engineers in some states are doing the job of a clerk, or a contract technical resource. Leave aside the BAs, Bcoms and others. Because higher ed was privatized long back, we are now seeing its devastating effect on society. Education is also a real problem in developed states like the US, But the economy in these states is very different. It is developed, less population, jobs for everyone who wants to work (on anything available), with an almost guranteed basic needs fulfilment, add to that no social and cultural pressures etc&#8230; That is exactly what doesnt match with countries like India. So at that expense, the already middle class will be sending their sons and daughters to higher eds, the farmers and peasants will remain where they are, only a few proportion will somehow manage.<br />
While I want to be proud and happy with the &#8220;development&#8221; in India, as more &amp; more people now own cars, 4 lane highways coming, new airports, cheap air tickets and increasing traffic, Mcdonalds and Pizza (a symbol of affluence in India I guess !), I also try to peek inside into the villages just to see, and find sad stories all over full of struggle. Thats what makes me try to find a theory to explain this and came up with this !!!<br />
Of course dynamics in any economy is not so easy explain as it is not exact science.<br />
A comment of growth concentrated in 4 states above is well put. There are only a few states in India, and again, some urban pockets in those states, which are seeing lots of growth compared to other states and rural areas.</p>
<p>Cheers !!</p>
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