Thursday 20 October 2011

Our people must have a better standard of living

In India's ordinary people make few demands and live with lower standard of living. Today there are demonstrations in many parts of the world. Ideologies have failed resulting in a lower standard of living for a class of people; they are not able to afford a decent standard of living which they demand. The simple people of India live in a humble way and make few demands for they had a low standard of living always. They live in an ordinary manner—small homes, little possessions, few amenities and ordinary foods. Our people who are living on subsistence should be given better standards and they should make demands. Only when people have a good standard of living, they can think about their political rights.
How to measure development and good economic progress? GDP is not the exclusive index of development. Indices of development are many. Average incomes, nutritional status of the children, educational level, status of women(gender discrepancies), average life-expectancy, accessibility to health care, cost of basic possessions(cost of a shirt), cost of clean living environment(water & air), discrepancy between classes, cost of electricity, cost of fuel, accessibility to government’s systems, and  affordability of basic amenities by all. And there are more. We have to provide our  people with  more than what they have now. We need an inclusive growth  for all which technocrats will bring to India.
Government has to manage our resources and make way for development and growth in all areas; so that people’s standard of living is raised. We must bring economic reforms now. And that depends on political will for proper integration of technology. We must make a political system which can survive by bringing economic progress to all. We must make policies to industrialize fast; we can give subsidies and reduce taxes to encourage industries and guide development. To bring reform means how to align the power of the people (votes) to increase rights given by the industrialists (industrialists support a given party). The poor have only votes as tools to correct the unfair policies; government must make sure that they are given their rights as workers.  Industrialization, when in full operation extracts much work out of the people and has to be constantly monitored. Governments role in making policies for the industrialists should be watched.
Regulation of private industry. Private sector (for making of profit) would completely exploit people; if allowed, to would grow without restrictions. Government must levy less tax   on those industries which give rights to the labor force so that working people have some rights (wages, housing, insurance). And at the same time, government has to make industries contribute to the national growth.
Check Resource Use. Government must intervene to make sure that natural resources are not completely depleted in the name of making profit.  Changes are required to make new policies to monitor constantly the labor resource, environmental degradation- quality of water resource, quality of air (pollution level), and proper land use (some green parks in between industrial stretches)and so on.
Government’s role in industrialization will result in better standards for the people.Government has to make sure that environment is protected and make sure people are not exploited. How we fast are we going to industrialize, which resources we are going to use and how, and what rights we are going to give citizens. These will be answered by technocrats who know the statistics of growth. All industrialization depends on how government is managing the finances. Fiscal Management is dependent on policy decisions. Hence all development and advancement of   future India is dependent on the financial policy-decisions made today. The technocrats now have to give good analysis of latest statistics to extrapolate growth and make progress possible through today's government’s policy decisions.


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