GDP measures only the size of an economy. India’s economy must have more depth, more domestic industries, and faster income growth at the bottom, as China has achieved.
Over generations, Bihar’s bane has been its utter lack of urbanisation. But now, even Bihar is urbanising. Or let’s say, rurbanising. Two decades under Nitish Kumar have created a new elite in its cities.
Indian govt officials last month skipped Turkish National Day celebrations in Delhi, in a message to Ankara following its support for Islamabad, particularly during Operation Sindoor.
Bihar is blessed with a land more fertile for revolutions than any in India. Why has it fallen so far behind then? Constant obsession with politics is at the root of its destruction.
For socialists, anything that can’t be achieved by them is useless. They can’t achieve high GDP, hence GDP is useless. They can’t become rich, hence everyone should be equally poor. They can’t build a developed country, hence remain content with handouts. No one can make utter flop plans like socialists.
Former Planning Commission Member Arun Maira’s point about the need to look beyond GDP growth figures is well-taken. However, it could have been more helpful if he could also have put forward some workable solutions on how India, the world’s most populous nation, can address the twin challenges of unemployment and underemployment in the backdrop of the growing advancements in AI technologies which are making many legacy jobs redundant. Informed opinions minus workable solutions can only take us that far.
For socialists, anything that can’t be achieved by them is useless. They can’t achieve high GDP, hence GDP is useless. They can’t become rich, hence everyone should be equally poor. They can’t build a developed country, hence remain content with handouts. No one can make utter flop plans like socialists.
Former Planning Commission Member Arun Maira’s point about the need to look beyond GDP growth figures is well-taken. However, it could have been more helpful if he could also have put forward some workable solutions on how India, the world’s most populous nation, can address the twin challenges of unemployment and underemployment in the backdrop of the growing advancements in AI technologies which are making many legacy jobs redundant. Informed opinions minus workable solutions can only take us that far.