INDIA DURING THE PAST TEN YEARS (2014 - 2024)

Despite having large resources to exploit, and large number of young and qualified manpower available, for one reason or the other, we could not tap those resources and deploy the manpower. Had we exploited those adequately we could have brought our unemployment level to zero, the per capita income of our people could have been brought up to a much higher level. Our export earnings could have been carried to a higher level. Similarly the import could have brought down considerably. We could also looked for a zero population below poverty line. We must not ignore certain facts prevailing in our country. A good share of our population do not have their own houses. Many of our people are suffering from serious diseases and they don't have enough money to avail proper treatment. There are countless number of parents in our country who cannot provide education to their children. However, despite collecting large sum from the people our governments do not focus their attention on the above given subjects. It may beyond comprehension that leaving all the above subjects our government always consider one aspect, that is,  to bring up the GDP. Bringing up the GDP without bringing up the PCI too parallelly, is like a showroom decoration without having adequate stock in the godown. In the world GDP ranking list of 2024 India is the 5th largest economy in the world. GDP per capita rank of India in 2023 is - 140th Nominal and 125th PPP. It shows that what the country is now are not the people now; they are far below the ranking. For instance, if the 1,000 richest Indians are set aside, the display board of our economy will be shattered. Deducting 1,000 from 1.42 billion makes the big billion into near zero. That is the economy we have built here for years. So far largely we have been ignoring 1.42 billion Indians from economic growth. Let us not continue it.

K V George