"Unnoyon/ Unnayan/ Development/ Gujarat Model/ Indulstrialisation/ FDI- "
I fear there is not even a single Indian ignorant about these words..Yes the very democratic fervour of India has been pertaining to these jargons since last decade. You may frown over the word 'fear', but this entire blog is solely dedicated to that fear factor/s. So keep calm n hold your bum onto the chair.
Since last decade every political party has been banking on issues of development. An entire nation with a gross population of around 1,30,000,00; succumbed to Gujarat model of development, I mean Narendra Modi of course. Post Indian independence we, Indians were enthusiastically involved in contentious concerns like linguistic segregation, communal violence, gender oppression and other aspects which contribute extensively to vicious circle of poverty.But what made Narendra Modi in his half sleeved kurta and signature Gujarat model win over million hearts of ever bickering Indians??
From leftist to rightists and even moderatists, everyone claims to propagate 'development' in their respective political and territorial fraternity. And there is nothing wrong in doing it. Everyone desires to be developed, desires to have a higher standard of living and last but not the least- envious look of neighbours and colleagues at our newest acquisitions are always priceless. And when our democracy is promising such 'development' who would dare being deterrant?
"Whenever people agree with me I always feel I must be wrong" - Oscar Wilde
Oscar Wilde forced me undergo a detailed introspection of this massive frenzy over 'development'.
Is it a substantial increased economic standard of common Indians who has been dwelling in the fringes of economic prosperity dis long? Or is it the middle class people bragging over their newly acquired designer accessories? A better standard of living should ensure better health, literacy and cultural reforms instead of shopping malls and Harrods.
To start with there is a great difference between 'development' and 'increased buying capacity'. As per economics, buying capacity of an individual solely depends on his 'Disposable Income' (DI)- the most vulnerable segment of our actual earning. This can be easily drained out from our possession by a sudden twist in monetary policies of US Federal Reserves and our own RBI. In a single day we can end up being devastated (even the affluent ones frequenting Mac Ds and pubs on weekends). Zimbabwe had experienced one such situation lately with a historical hyperinflation in 2008. Zimbabwe experienced the highest stagflation and inflation of 1,000,00%- one loaf of bread was sold at 10 million Zimbabwe Dollars resulting in an irrevocable economic loss.
Ref: http://en.wikipedia.org/wiki/Hyperinflation_in_Zimbabwe
Global economic infrastructure is based on the cycle of inducing new money by government and corporate nexus. Lowered savings rate in banks and financial organisations discourage savings and promote consumer expenses even impulsive buying. Hence this is how a significant share of our modest earnings get siphoned out into the market leaving us with meagre buffer savings. The money spent on the market are yielded by the corporates in the form of 'super- profit'. The consolidated amount of this 'super profit' are beyond normal imagination (Google earns- $ $691.27/ second, Amazon- $607.75/ second, Yahoo- $607.75/ second & Mukesh Ambani earns Rs 864,000 a day!). Ref: Google Search.
Though a negligible share of this profit are then reinvested in Indian electoral process to promote pro capitalist ministerial candidates whose future budgetary policies would facilitate the process of yielding 'super profits'. India has been adhering to its deficit financing since last couple of decades. Printing new notes & FDIs have always been justified resort for our governments since long. Monetary policies reducing savings rate directly promotes 'consumer sales' thus new notes created with the excuse of inflation and budgetary deficits get transformed into super profits to corporates.
Formulation of Seventh Pay commission under the chairmanship of Justice Ashok Kumar Mathur will definitely seek a solution to this growing inflation by announcing a significant rise in the salaries of government employees (since this is how new notes are being induced in an economy). Government of India will either seek debts or forge currency notes to meet this new demand (hiked pay scale), while contemptible national saving policies will mobilise the additional earning of the employees into the market. The actual situation and the grim of employees though remain unchanged. Infact media plays a pivotal role in encouraging consumer behaviour and mitigating the grimace by justifying our consumerist extravaganza. It says even a cup of tea is enough to revitalise the responsible citizen within (Jaago re).
Likewise we seek satisfaction in our consumption, be it a sedan CAAAAAAAAAAAR or a Mocha Frappe at any high end cafeteria.
The entire process of finance capital is a deliberate attempt by the government- corporate nexus. Printing new currencies at the cost of National Gold reserves or seeking external debts resulting in Rupee devaluation consequentially widens the trough in an irrevocable manner. Thus creating political brands are imperative to profit yielding class and their media in order to keep the inflow unperturbed.
In coming years governments will keep on getting elected with the illusion of this 'fake development' thus exaggerating economic disparity and resource exhaustion but the grimace of Aam Indians will continue seeking solace in commercial slogans like
" Diamonds are forever,
Ab ki bar koi aur sarkar".
But personally I dont want any more fake sarkars...
"Ami chai shaotal tar,
bhashay bolbe rastrapunje/
Ami chai mohul futbe
soukhinotar golaap kunje//
Ami chai Nepali chheleta
guitar haate/
Ami chai tar bhashatei gaite
aste Kolkatate//
Ami chai jharkhand
er teer dhonuke/
Ami chai jhumur bajbe
jhumur baajbe tomar buke//
Ami chai Kashmir e r
sunbe na keu gulir shobdo/
Ami chai manusher haate
rajniti hobe bhishon jobdo//
Ami chai Hindu netar
Salma Khatun putro bodhu/
Ami chai dhormo bolte manush
bujhbe manush sudhu//
Ami chai BJP netar
Salma Khatun putro bodhu/
Ami chai dhormo bolte manush
bujhbe manush sudhu//
Ami chai gaachh kata hole
shok sabha hobe bidhan sabhay/
Ami chai protibad hobe rokto
polashe rokto jobaye//
Ami chai pukur bojhale akash
bhasbe chokher jole/
Ami chai sobbai jano din bodol er
podyo bole//
Ami chai montrira prem
korun sokole niyom kore/
Ami chai boktrita noy
Kobita bolun konttho dhore//
Jodi bolo chaichi nehat
chaichi nehaat sworgo rajyo/
Ami chai ekdin hobe ekdin hobe
etai grajhyo// "
I fear there is not even a single Indian ignorant about these words..Yes the very democratic fervour of India has been pertaining to these jargons since last decade. You may frown over the word 'fear', but this entire blog is solely dedicated to that fear factor/s. So keep calm n hold your bum onto the chair.
Since last decade every political party has been banking on issues of development. An entire nation with a gross population of around 1,30,000,00; succumbed to Gujarat model of development, I mean Narendra Modi of course. Post Indian independence we, Indians were enthusiastically involved in contentious concerns like linguistic segregation, communal violence, gender oppression and other aspects which contribute extensively to vicious circle of poverty.But what made Narendra Modi in his half sleeved kurta and signature Gujarat model win over million hearts of ever bickering Indians??
From leftist to rightists and even moderatists, everyone claims to propagate 'development' in their respective political and territorial fraternity. And there is nothing wrong in doing it. Everyone desires to be developed, desires to have a higher standard of living and last but not the least- envious look of neighbours and colleagues at our newest acquisitions are always priceless. And when our democracy is promising such 'development' who would dare being deterrant?
"Whenever people agree with me I always feel I must be wrong" - Oscar Wilde
Oscar Wilde forced me undergo a detailed introspection of this massive frenzy over 'development'.
Is it a substantial increased economic standard of common Indians who has been dwelling in the fringes of economic prosperity dis long? Or is it the middle class people bragging over their newly acquired designer accessories? A better standard of living should ensure better health, literacy and cultural reforms instead of shopping malls and Harrods.
To start with there is a great difference between 'development' and 'increased buying capacity'. As per economics, buying capacity of an individual solely depends on his 'Disposable Income' (DI)- the most vulnerable segment of our actual earning. This can be easily drained out from our possession by a sudden twist in monetary policies of US Federal Reserves and our own RBI. In a single day we can end up being devastated (even the affluent ones frequenting Mac Ds and pubs on weekends). Zimbabwe had experienced one such situation lately with a historical hyperinflation in 2008. Zimbabwe experienced the highest stagflation and inflation of 1,000,00%- one loaf of bread was sold at 10 million Zimbabwe Dollars resulting in an irrevocable economic loss.
Ref: http://en.wikipedia.org/wiki/Hyperinflation_in_Zimbabwe
| Date | Rate | Date | Rate | Date | Rate | Date | Rate | Date | Rate | Date | Rate | |||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1980 | 7% | 1986 | 15% | 1992 | 40% | 1998 | 48% | 2004 | 132.75% | 2008 Sep. | 3,840,000,000,000,000,000% | |||||
| 1981 | 14% | 1987 | 10% | 1993 | 20% | 1999 | 56.9% | 2005 | 585.84% | 2008 Mid-Nov. | 89,700,000,000,000,000,000,000% | |||||
| 1982 | 15% | 1988 | 7.3% | 1994 | 25% | 2000 | 55.22% | 2006 | 1,281.11% | |||||||
| 1983 | 19% | 1989 | 14% | 1995 | 28% | 2001 | 112.1% | 2007 | 66,212.3% | |||||||
| 1984 | 10% | 1990 | 17% | 1996 | 16% | 2002 | 198.93% | 2008 Jul. | 231,150,888.87% | |||||||
| 1985 | 10% | 1991 | 48% | 1997 | 20% | 2003 | 598.75% | 2008 Aug. | 471,000,000,000% | |||||||
Global economic infrastructure is based on the cycle of inducing new money by government and corporate nexus. Lowered savings rate in banks and financial organisations discourage savings and promote consumer expenses even impulsive buying. Hence this is how a significant share of our modest earnings get siphoned out into the market leaving us with meagre buffer savings. The money spent on the market are yielded by the corporates in the form of 'super- profit'. The consolidated amount of this 'super profit' are beyond normal imagination (Google earns- $ $691.27/ second, Amazon- $607.75/ second, Yahoo- $607.75/ second & Mukesh Ambani earns Rs 864,000 a day!). Ref: Google Search.
Though a negligible share of this profit are then reinvested in Indian electoral process to promote pro capitalist ministerial candidates whose future budgetary policies would facilitate the process of yielding 'super profits'. India has been adhering to its deficit financing since last couple of decades. Printing new notes & FDIs have always been justified resort for our governments since long. Monetary policies reducing savings rate directly promotes 'consumer sales' thus new notes created with the excuse of inflation and budgetary deficits get transformed into super profits to corporates.
Formulation of Seventh Pay commission under the chairmanship of Justice Ashok Kumar Mathur will definitely seek a solution to this growing inflation by announcing a significant rise in the salaries of government employees (since this is how new notes are being induced in an economy). Government of India will either seek debts or forge currency notes to meet this new demand (hiked pay scale), while contemptible national saving policies will mobilise the additional earning of the employees into the market. The actual situation and the grim of employees though remain unchanged. Infact media plays a pivotal role in encouraging consumer behaviour and mitigating the grimace by justifying our consumerist extravaganza. It says even a cup of tea is enough to revitalise the responsible citizen within (Jaago re).
Likewise we seek satisfaction in our consumption, be it a sedan CAAAAAAAAAAAR or a Mocha Frappe at any high end cafeteria.
The entire process of finance capital is a deliberate attempt by the government- corporate nexus. Printing new currencies at the cost of National Gold reserves or seeking external debts resulting in Rupee devaluation consequentially widens the trough in an irrevocable manner. Thus creating political brands are imperative to profit yielding class and their media in order to keep the inflow unperturbed.
In coming years governments will keep on getting elected with the illusion of this 'fake development' thus exaggerating economic disparity and resource exhaustion but the grimace of Aam Indians will continue seeking solace in commercial slogans like
" Diamonds are forever,
Ab ki bar koi aur sarkar".
But personally I dont want any more fake sarkars...
"Ami chai shaotal tar,
bhashay bolbe rastrapunje/
Ami chai mohul futbe
soukhinotar golaap kunje//
Ami chai Nepali chheleta
guitar haate/
Ami chai tar bhashatei gaite
aste Kolkatate//
Ami chai jharkhand
er teer dhonuke/
Ami chai jhumur bajbe
jhumur baajbe tomar buke//
Ami chai Kashmir e r
sunbe na keu gulir shobdo/
Ami chai manusher haate
rajniti hobe bhishon jobdo//
Ami chai Hindu netar
Salma Khatun putro bodhu/
Ami chai dhormo bolte manush
bujhbe manush sudhu//
Ami chai BJP netar
Salma Khatun putro bodhu/
Ami chai dhormo bolte manush
bujhbe manush sudhu//
Ami chai gaachh kata hole
shok sabha hobe bidhan sabhay/
Ami chai protibad hobe rokto
polashe rokto jobaye//
Ami chai pukur bojhale akash
bhasbe chokher jole/
Ami chai sobbai jano din bodol er
podyo bole//
Ami chai montrira prem
korun sokole niyom kore/
Ami chai boktrita noy
Kobita bolun konttho dhore//
Jodi bolo chaichi nehat
chaichi nehaat sworgo rajyo/
Ami chai ekdin hobe ekdin hobe
etai grajhyo// "
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