Make India Poverty Free and Prosperous
A Summary of the many Ideas to resolve Indias problems.
Struggle not futilely attempting to unravel the many knots of the ropes of ill-thought, Laws and Bureaucratic red-tape that bind the energy and zeal of our countrymen. Focus on your objective and just – Cut the Ropes.
To do the same things the same way or with only incremental changes will get you only similar outcomes with marginal changes. To really make a change you need to think out of the box and work on new and effective ideas. THINK BIG! THINK NEW! Execute with confidence!
“India is a developed country, a ‘Sone Ki Chidia’, in a state of decay”. – Shashi Tharoor.
We need to work together to once again get India back to its original greatness and position in the world. To do this effectively we need to understand wealth and the dignity of labour, and develop an action plan for improvement in each sector of our economy and for all sections of our society.
In 1985 the world wealth was about US$12 Trillion against world asset / resources value (all resources) of also about US$12 Trillion.
By 2000 the world’s asset value remained at around US$12 Trillion allowing for new discoveries replacing used resources, while the total wealth grew to US$200 Trillion, an over 16 times multiple. Most of such wealth comes from knowledge and skills which remains with the people and cannot be confiscated or usurped. Employees in such fields are competent to negotiate for themselves and don’t need any Union to collect fees to argue for them. The real assets of the Companies in such fields go home in the heads of their Employees each night and the Companies can only hope that they will return the next day. In such merit/performance based organizations, it is only the incapable/ incompetent who seek Non-Functional Upgrades (NFU) and protection from being fired as is being allowed in Government Services.
This growth came from the digital and ideas / knowledge world and was mainly reflected in the Equity markets. Those not in the equity markets did not get to share in this growth of wealth, as it is obvious that if you are not in the queue, you don’t get the benefits.
…growth came from the digital and ideas / knowledge world and was mainly reflected in the Equity markets. Those not in the equity markets did not get to share in this growth of wealth
To ensure that all Indians do get into the equity markets and hence share in the growth of wealth, we need to encourage the equity culture. Of course not everyone can deal with the equity market by themselves. Hence the need for the Government to set up, or encourage the setting up of appropriate Financial Institutions (FI’s) in each important sector and ensure their proper regulation and encourage everyone to enter the equity market through such FI’s. Even then some sections of the Society will not be able to even reach the first rung of the ladder to join such FI’s and will therefore require an assist, a onetime head start to do so.
In the old days, the Kings / Rajas in India, were unlike those in the other countries who were despots, here they were seen, and also saw themselves, as upholders of Dharma and as caretakers of their populace. Fortunately the enforcement of the concept of Dharma in the functioning of the Society in ancient India increased that most of them did value the welfare of their subjects. The invaders brought in a change as they ruled as they had done in their own regions, as despots who saw their subjects more as serfs, dependent on their benevolence, if any.