IS INDIA SHINING

-kalyan chandra

The sensex of India has reached 9000 mark and going to hit 10000 mark with a great speed . the indian sensex astonishing all the business and corporate trades as it virtually doubled in between 2004 and 2005 . Dalal street diverted the attention of international corporate trades towards investments in India .

GDP in India poised to grow 7.5% in this fiscal year . manmohan singh , the prime minister of india asserted at the economic summit that India should be .aiming at 10% GDP growth in the next 2-3 years.More Exiting are projections that india’s GDP will keep growing at 6-7% every year for the next 20 years or so , by when it will emerge as the third largest economy of the world. The mobile phone users in india are already reached 5 crore mark .

It would be false assumption if we think india is shining by comparing all data in the piece of paper . Still,most of the Indians are below the poverty line with the starvation as india is unable to meet secondary needs like education , health and unemployment . According to human development report , india ranks 127 out of 177 countries . The adult and youth literacy percetage in india is just 73.3% and lagging behind with Srilanka(97%) and china(98.9%) .

The students who just finished their graduation in techinical , madical and management studies straight out of from the universities and B schools are able to demand tens of thousands of rupees as a montly income. We cannot expect this type of bumper salaries in any other professions or in rural areas . The average daily wage of the agricltural labour in the rural areas is less than the daily expenditure of the student studying in corporate schools . The above examples shows the nature of economic disequilbrium in our country . Shashi tharoor , an eminent coloumnist in international journals ,opined that the dividing lines between rich and poor,eastern and western countries, are high speed digital optical fibre lines.His opinion looks true in real sense.

A new question triggered in our minds that how can this scientific and IT development helps us to remove economic imbalances in our country . How can avail of free education helpful to a boy without a proper diet .Demographic sources are predicting that India would be emerge as a largest young economy of the world by 2025 . But the question is , how this youth can helps in the construction of Indian development ?

as most of the talented brains of our country would prefer to serve their valuable services to foreign countries for acquiring money or good status in a short term period .Every one should realise that the rural and agricultural development brings the qualitative changes in poor and down trodden but not with the Information technology . The main problem of the indian economy is not with the lack of natural resources but with the under utilisation of natural and human resources .

-kalyan chandra