Sunday, July 31, 2011

Poverty in Super Power India

The World Bank has noted India's potential to be a super power by 2025. Much as it is heartening to hear, one expresses scepticism about how it will improve the ordinary lives. For the high churches dictating financial policy and their neo-liberal disciples in India, the magnitude of wealth is the final indicator of prosperity, not its equitable distribution. Given such policy-makers, it is likely that the combined net worth of a few billionaires will exceed the GDP of several States in 2025. I was in high school when AB Vajpayee spoke of creating a hunger-free India. How long is it going to be a pipe dream?

By Viswanath V

No comments:

Post a Comment