The title of this post may sound very cruel but I am going to justify it.
When rest of the world thinks of India, one of the picture that comes in their mind is poverty which prevails everywhere and poor public hygiene. They used to address India as third world. Now a days western countries have started fearing and respecting India because of the swelling economic influence. Sometime back UK tried to deplete Indian medical tourism by saying that public hygiene is poor.
Now let me tell you some great things about how it pays to live in India. It is true that per-capita income is much low in comparison to rich countries, but at the same time it gives us opportunity to produce goods and services at far more cheaper than rest of the world. This is primary reason why we have grown so much economically.
I feel blessed when I pay 1500 INR for domestic help. We can hire Coolies at railway station, in rich countries there is no such concept, everyone carries their own stuff. Prices of organic healthy food is quite cheaper in comparison to other countries. Less is always more philosophy holds true here. Even though average income of middle class in US, UK and Japan is much more they can not enjoy the luxury enjoyed by Indian middle class.
We can produce world class Engineers, Doctors, Scientists, Lawyers, Astronauts at far more cheaper rate than other countries. Consequently our R&D is much cheaper than other countries.
The whole world was astounded when we sent spacecraft to moon. They say, how come a poor county like India can do it. The only reason is poverty, which gives cheap labor.
Success of Indin IT/ IT Enabled/ Pharmaceuticals companies is due to cheap labor. Our poverty
gives us competitive edge over other countries.
But it does not mean we should tern deaf ear towards poverty, there should be great amount of government and private efforts to improve quality of life of urban and rural poor. If we are ahead of the rest of the world because of our cheaper lifestyle then let it be.
Tuesday, August 4, 2009
Subscribe to:
Comments (Atom)