8/6/2019 Indian Conundrum and Society
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INDIAN CONUNDRUM AND SOCIETY
All is not well lets face it. We have to use condoms. You think
I have gone insane,
no I have not. I have proper reasons and moreover statistical
data also favour myverdict-we have to use condoms or we will
definitely win the race of Highest
Population, leaving behind China (which has three times more
land than we have).
We have more mouths to feed than the hands contributing in
countrys earning.Everybody today is talking about inflation, while
shielding their hope that everything
will be fine one day from the winds of the great Indian
Conundrum.
In the current fiscal year the inflation rates have rode on
double digit. If you observethe whole price index of food products,
they have forced many people to Adjust.
Many variables can be blamed for this food crisis like 1)Global
situation(more
specifically USA situation), 2)Government for letting millions
sleep with empty
stomachs even as fruits, grains and vegetables rot in government
food storage rooms.
3) US- Yes we are also responsible for this crisis. Because we
started ignoring it inthe first place. It is a shame that a country
which was called country of farmers is
going through food crisis. Those who are not blinded by the 8%
annual growth rate,will see that contribution of agriculture in net
GDP is decreasing every year. At
present its share is lingering around 15%, while at the time of
independence it was
healthy 55%. We are building IT cities and parks and what not,
but who will makedams, canals and proper irrigation systems. What a
pity that our agriculture system
still remains monsoon dependent even in the new millennium.
Consequences are also
not unheard of- Farmers committing suicide, people leaving
farming at all, peopledying of hunger, increase in poverty. If we
talk of the national consequences then we
have a fresh example- RBI First Quarter Review of Monetary
Policy for 2010-11.
RBI has tried its best to control this maverick inflation but
not withoutcompromising on the growth rates. Reverse Repo Rates
have increased by 50 basis
points, public has been sacked from the credit, and industries
are denied the liquidity
they need to compete with global competitors. These are the
small symptoms of adeep rooted disease. They demand action on
multiple fronts ranging from PDS and
liberalizing retail, which would ensure farmers and consumers
fair prices.
Government needs to get cracking on a whole range of unfinished
business. Systemiclacunae need correcting to cushion inflationary
impacts and sustaining high growth
thats necessarily inclusive. Indias future economic health as
well as public health
relies on it.
I will not end this article on a pessimistic note, having
described the current glitches
in Indian system which creates an illusion that we are heading
towards doomsday, buttrust me we are not. I can say that very
boldly because I trust the Society. Every
society in itself is a living organism, and we are the building
units. No matter in whatcondition it is, it tries to adapt to work
with optimum efficiency. There is no other
answer for how people manage to live in India(If you use West as
the as the
measuring scale). How else can you answer the question, How
despite of such highmortality rates, high inflation rates plus
having one of the highest population density,
and with other umpteenth problems we manage to increase our
population by 2.2%
