Rising India or Falling India
Sajjad Ahmad
13 February 2008
India had successfully presented itself as a rising nation. But, for some reasons, they did not mention that India is rising from which aspect. India had made a significant progress in business and economy though but the impact of this progress is not visible inside India in any manner.
In the last 18 years, India's foreign reserves increased from 1 billion dollars to 266 billion dollars and also its per capita national income but the National Commission for Enterprises (NCE) had submitted that 77% of Indians only have HALF a dollar per day to spend their lives.
Another institute in India, Madras Institute of Development had said that around 2 hundred thousands farmers in last 10 years had committed suicide.
As they have taken loans from private Hindu lenders and unable to pay back the burden of Interest and the principle money. Lack of Gov. support, poor prices of output etc are some of the reasons of it.
Thanks to entrepreneurs, the entrepreneurism and the capitalistic system. Today India is really a Rising India. I hope that God save us at least from this kind of rising thing.
One American scholar Mr. Huck Gutman had said in his Article that in the last decade of previous Century, American corporations had increased their businesses and thus profits worldwide and there is no benefit of this to the common Americans. Their Wages are still standing where that was in 1978 or decreasing.
The other American, The editor of Black Agenda Radio, Mr. Glen Ford, in his article "Numbers tricks mask declining wages and rising inequality" describe that Americans made fool by capitalists. He said that the current economical conditions are far worst than the stock market crash in 1929, but still Americans do not bother to talk about the economy. The reason is that the big corporations have hold over America and its media. And they made it so complex, that the common people could not understand the economy without advanced knowledge. So making them unable to find out how money gathers in the pockets of rich people.
Indians have habit to copy the success stories into their own book. So is going to the same way the west is on and having the same problems too. I hope that for west it is still Rising India. No matter how many farmers commit suicide, no matter if 77% of the population has half a dollar to spend their day, no matter if half of the nation sleeps without food and on the road. But for the people like us, it is Falling India.
The body of " Praveen Vijay Bhakamwar ", whose accumulated debts of Rs 40,000 - less than US$ 900 - pushed him to suicide. Bhakamwar leaves behind three daughters and a son
Below is the image of children of sex workers in India