Skip to main content

The Power Of The Indian Populace

The country is now in the middle of the election season. All parties are going about campaigning like their lives depended on it! And why not? For most of them, this could be the last time they contest any election, as a credible political party! The likes of JDS, TMC, DMK are probably on their way out! Before detractors scream bloody murder, I said PROBABLY. The only thing that these parties are afraid off is the evolution of the New India.

Gone are the days when kids listened to their parents about who was good and who was not good for the country. My grand-father, may he Rest !n Peace, was a socialist at heart. On the other hand, my dad was a Sanghi and to his last day, a few weeks ago, remained one. I didn’t grow up as a sanghi (one of my regrets) but I understood what my father said more than I did my grand-father. Kids today are much more aware of the climate within the country, political, economic and otherwise. To tell them that the country is worse off now than it was five years ago, and expect them to believe it, is foolish. The New India wants action not promises. Promising the bottom 20% an amount of 72,000 per year (totaling over 8 trillion rupees) is not going to cut it since the people in the middle class (the ones being ignored in the 20%) are not going to pay for it. To tell people that the taxation percentages are antiquated and need to be revised is to ensure one’s loss in the elections, and yet a political party dared to do so! Foolhardy? Possibly. The upper class too (the likes of the Tatas, Mahindras and yes, the Ambanis) is against the idea. Why would anyone be against this idea? Let’s look at the economics behind this? 

Our GDP  is about $2.3 trillion. Let’s understand first that GDP doesn’t mean the government has that money. It is the money that is obtained from the sale of goods and services. The india today has more than 70% of its revenue being generated by the private sector organizations. Try asking them to donate their revenue to this cause and you will be laughed out of the room. While the amount of 115 billion is about 10%, the economic growth of the country is stunted since this would be over $575 billion over 5 years. That could potentially affect the purchasing power of any country, let alone India.

The 8 trillion INR I mentioned earlier is about 115 billion USD. While this might be the total net worth of a couple of Indian billionaires,it it not an amount that India can donate to its lowest 20%.  Then to be told, by the former finance minister that Indians should not be selfish and should give in to this policy is belittling the common person’s intellect. This gentleman should probably start by donating a major chunk of his supposedly Ill-gotten wealth to set a precedent. Would he do so? Would he ask his party president, who’s family net worth is over $2 billion, to do so? If the answer is NO, which I presume, then he has absolutely no right to ask hard working Indians to do so!!

The youth in India have now got the chance of a lifetime. The options are to say No to befuddling economics or to say Yes and see the country back in the 70s-80s. I, for one, have complete faith in the youth and the baby boomers. They know what’s good for the country is ALSO good for them.

Comments

Popular posts from this blog

My Response to Sitram Yechury & Other Commies

My Response To Those Who Think Hinduism Is A Violent Religion Dear Reader, I don’t know about you but my feathers were ruffled when I read comments on Hindus, more specifically about Ramayana and Mahabharat.  This irked me to the point where I decided to challenge this mindset;    those that do believe this notion should prove to me the epics are an indication of a violent society.  These bourgeois left leaning “intellectuals” have obviously not read nor understood the two epics. This is my letter them.  Please let me know if you need any new additions to this letter. Dear bourgeois Intellectual, please buy the videos by Ramanand Sagar and Yash Chopra. Firstly, you’ll see,    that The Ramayana is a book about ridding the world of dushkarmis, people that propogate violence.  That you’d target this book tells me that you’ve not read one word of this book, so let me explain in words you probably understand.  Think of the Ramayana as the Hindu’s Red Book (Communist Book by Kar

My Dad - My Idol

Sitting here with tears that have dried up, I think of my dad who passed away 4 days ago. He was a wonderful person; I know all of us think of our fathers the same way!    Born a Brahmin to a post master, the man worked his way thro high school, then engineering where he did exceptionally well to get an entry into the then world famous Tata Institute. He would study aeronautics under the able guidance of Dr Satish Dhawan, his mentor. He would go from there to the University of Illinois Urbana Champagne where he got his Ph.D in Aeronautics. Where most people would have stayed back in the USA, he decided to come back to India. He joined the Tata Institute as an Asst Professor and was there for two years when he was recommended, by Dr Dhawan, to head the Dept of Aeronautical Engg at the Indian Institute of Technology, Kanpur. While most of the family was excited about this opportunity, being very young at the time, I didn’t want to leave my cousins!!!! My sister was 1 and would have mo