Ground Reality

Brilliant piece Devinder ji, I wish I had the capa...

2012-05-25T12:12:31.876+05:30

Brilliant piece Devinder ji, I wish I had the capability to write in such a lucid way as you have done.

Somebody wrote about it above and it is often given as a justification that globalization policies started in 1991 which opened up trade barriers is healthy for the economy because it promotes competition. Now before I give counter arguments let me first agree that pre-1991 we had problems but these problems were not due to lack of capitalism or free markets or even due to socialism because none of the philosophy was adopted in an honest way. It was due to crony capitalism which is dangerous cocktail of socialism + capitalism. A famous intellectual of west, Gerald Celente nicely puts it "By the very definition...State controlled capitalism is fascism".
Now if we want competition we can do it amongst ourselves. Why do we need to invite Foreigners to use our drinking water (which is our precious resource) and sell it to us to take away profits. If we want to remove trade barriers we should actually fight against trade restrictions such as numerous regulations, licensing system etc which only acts as an impediments to trade and production. Besides these, several good measures can be adopted which will promote need based production such as decentralization of power, local production to meet local demand concept, promoting of amul style cooperatives etc. Regulations should be bare minimum understanding very well that by creating regulations we are increasing cost of compliance and thus increasing input cost. government should be small and not big. Govt's interference in people's life should be limited. We can't just take a shortcut to prosperity as we did in 1991 and have reached at a stage where another BOP crisis is threatening us.

their is many reason one can cite but biggest reas...

2012-05-25T05:23:29.029+05:30

their is many reason one can cite but biggest reason is lack of nationalism,120 crore people can not be made rich in a day, we need to start new development process thorough village level,west is place of high scientific equipment with huge production capacity , wheras india is nation of bull,cart and manual labours,their is not any competition, if we allow free competition ,we need to kill 40% population,india can only develop if we have strong undisputed leader who could chanelise whole resources towards development,transferency and strong system, whole world new order is simply consumption,sex,gambling and drinking,india etho are ingrained in ancient medieval morality,we are simply discussing problems but solution lies no where,urban life is made by uprooting villages with greater dreams of comfort,luxuries with media fleshy picture of modernity,capitalist slowly but steadfastly has to make way,how long indian masses can stick to traditionality is no big concern, sooneror later they need to adopt market economy but rule,law,mode of system can be made favourable to masses only by good leader,election of good spirited leader like chinese premiers,or brazian lulla,vanzeala chaves havles,,like leaders who could alter some direction to majorityof public welfare,but it need public support with strong radicalism,which india lacks,in capitalism land is biggest assets which always made appreciated with passage of time,like gold,,change has to come,dnot matter how long,it will be ushered in slowly or by fast turn depends upon backing of usa ,europian nation,,youth is inspiration of change,if they revolt orsupport depend upon them,,india is slowing getting in grip of market economy,,

I don't know why some people always think that...

2012-05-24T22:24:01.042+05:30

I don't know why some people always think that it is the bureaucrat/politician who will make money. No one talks of the stinkingly corrupt corporate and business heads. I am looking for the day when industry and business stops looting the country's resources in the name of development. The recent exposure of the Delhi airport scam tells us how 5000 acres were given to the company at a lease of Rs 100 for 60 years. If the company had paid the market price for prime land, India would have been richer by Rs 1.6 lakh crore, good enough to write off much of the fertiliser and food subsidy.

This is only one company. There is hardly a company in India which is not involved in corrupt practices.

Devinder Sharma

Devinder...I have to disagree opening trade barrie...

2012-05-24T20:59:47.315+05:30

Devinder...I have to disagree opening trade barriers is good. Competition is always better and especially for the small guy. The problem however is half hearted opening ......... yes you can import or export but only after getting about 100 licenses. More corruption, a richer bureucrat and higher prices for all.

Coming back to petrol prices, with the risk of sounding very simple. The main reasons are 1) Depreciating rupee (the rupee is depreciating because our government is spending, printing and borrowing like crazy b) Very High Taxes- govt of India taxes oil companies, and every one along the line with all sorts of taxes (Excise duty, Additional Duty, Special Additional duty, Cess, Additional Cess and lastly, the State Sales Tax blah blah balh)

Why can’t we cut some wasteful spending and reduce the petrol prices so that my milkman who has TVS50XL save and make his life better. The real issue in India is govt spending and taxing. Why can’t we honestly look at it and debate the consequence and impact it has on all of us.

Note that when there is inflation & high tax it is always the poor and the weak who suffer the most. If you care for them, I would love to see you analyze and look at the problem with a different lens and not the Keynesian framework.

Very well written sir, particularly in a language ...

2012-05-24T18:56:19.854+05:30

Very well written sir, particularly in a language which a common man can understand ...with less on statistics and more on logic and reasons.

Regards
Girish Singh

The economic mindset that is currently the definin...

2012-05-19T22:41:07.400+05:30

The economic mindset that is currently the defining feature of the modern age is along the lines of what Paul Hawken once said - "we are stealing the future, selling it in the present, and calling it GDP". While I disagree with you on many issues Mr Sharma, I don't think it's ever been clearer that the economy must be overhauled to take the future into account - whether it is throu green bonds, climate bonds, ethics standards or CSR, we need to realize as a global civilization that we are running out of breathing room.

As Mr Obama says, why continue to subsidize industries that have never been more profitable, rather than investing in fields that have never been more promising [such as green energy and infrastructure etc].

Where agriculture fits into this is still up in the air of course, we need to walk a fine line between homogeneity and abundance. Cultivate the dialectic mindset, away with dogma.

It's a wonderful piece, Sir ! Thank you very ...

2012-05-18T19:24:24.730+05:30

It's a wonderful piece, Sir !

Thank you very much.

Nilachala Acharya

What wonderful insight -- great analysis ! What s...

2012-05-18T19:22:27.374+05:30

What wonderful insight -- great analysis !

What solutions would you propose, Sir !!

Divyajyoti Singh

We can also save water in our offices by using wat...

2012-05-18T17:37:43.264+05:30

We can also save water in our offices by using water saving Bio cubes. with this we can save about 95% water. We are using this technology in our offices and saving lot of water. So Please do something for the environment

Regards

Naveen Chauhan
+91 9958229993

We all must segregate the waste by taking color co...

2012-05-18T17:17:50.055+05:30

We all must segregate the waste by taking color coding dustbins. this will help to save the Environment and Landfill area also will be reduced. if we will be able to segregate the waste than we will be able to recycle and reuse the paper, plastic and other products. So please do something to save the environment. Lets come together for Green Revolution.

Regards,

Naveen Chauhan
+91 9958229993

because of IPL, film stars are not minting money f...

2012-05-17T10:31:53.912+05:30

because of IPL, film stars are not minting money for the time being. so this is a good idea by media and celebrities to make money in bad markets.

all these aamir khan promoting is for sheer public...

2012-05-10T09:47:14.628+05:30

all these aamir khan promoting is for sheer publicity of self .all that melodrama remains till the show is on.

Atleast ppl get aware abt these issues & reali...

2012-05-10T08:31:56.642+05:30

Atleast ppl get aware abt these issues & realize that it's bad wen celebrities endorse them.... they have mass appeal....otherwise howsoever good show u make wid "Social Activists".....masses 'll not join....

there is a cynicism in headline of this article......

2012-05-09T11:10:59.098+05:30

there is a cynicism in headline of this article....but atlast you supported Amir's cause...!!!!

That's what YSR, Yeddy, Modi have done.. givin...

2012-05-07T14:35:55.200+05:30

That's what YSR, Yeddy, Modi have done.. giving freebies in land and tax concessions to businesses.

Brilliant and informative, Mr Sharma. I too believ...

2012-05-03T15:09:24.173+05:30

Brilliant and informative, Mr Sharma.
I too believe that in more ways than one our traditional Indian Thali had more of nutrition than all the dietary supplements we are sold these days. Its time for nutri cereals to make a comeback

well said sir, india has become a beggar in front ...

2012-05-01T13:45:58.773+05:30

well said sir, india has become a beggar in front of few and ignoring the real issue

You say that MGNREGA should not "[wean] away ...

2012-04-15T01:29:15.691+05:30

You say that MGNREGA should not "[wean] away labourers during peak season." To address the immediate need for more working days & wages, the proposal makes sense, and would benefit the work-seeker as well as the farmer. In the bigger picture, we need to address the reasons that MNREGA would be weaning the labourers away, viz: farmworkers are not being paid minimum wage, from what I have heard, MNREGA work is not taken as seriously and is therefore seen as easy.

However the goal of MNREGA need not be only to put wages in people's hands, but also to get necessary work done. Thus right to work should also include right to plan the work, right to decide what work needs to be done. Then people would take the job seriously and get better value from those 100 days worked.

Farmers should not have to depend on sub-minimal wages to keep the farm solvent. Farmworkers must not ever remain farmworkers, but also have the chance to become farmers. Those who are entitled to land, should get land. If the land they are allotted needs work to make it fit for agriculture, then MNREGA work days should be allotted to them to make it so.

This will go along way towards food sovereignty and defending against the encroachments of agribusiness.

P. Aravinda
Mumbai

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2012-04-08T10:13:37.138+05:30

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Dear Writer, The blog written by you inspirational...

2012-04-06T00:13:25.932+05:30

Dear Writer, The blog written by you inspirational.This is true that in India BANK does lots of irregularities in the name of Loan recovery and RBI stand as silent audience.This is issue is larger in Life--let us stand and united together--An appeal to all citizens of India.

Seriously such an honor to be included. thanks suc...

2012-04-05T11:08:02.951+05:30

Seriously such an honor to be included. thanks such a lot, IFB!!

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dear sir ,i,read this article .i am impressed but ...

2012-04-03T15:44:30.414+05:30

dear sir ,i,read this article .i am impressed but not 100% because you have been lacking many sites.nodoubt nitish is trying to define bihar in new look but they are not able to mantain the education policy of bihar.as we know sustainable development needs basic infrastructure.hence our leader is not concentrating on this i think there is no need of those thigs that we get to loose quality.i.e.quality of education,&recruitment of teachers.In general conception no body or no any state can develope without right education

Mr,Sharma You are right. the ultimate aim of all t...

2012-03-24T09:42:00.952+05:30

Mr,Sharma
You are right. the ultimate aim of all these jokers who have no sense is to destroy conventional farming and allow industrialised farming. These people do not realise industrialised will hold them to ransom when it comes to pricing issue. Happily they have been piggy back riding the traditional farmers. this would not be possible with corporates. The day will come when known devils are far faaaar better than the unknown angels

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2012-03-16T16:58:22.478+05:30

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2012-03-16T16:57:55.284+05:30

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