A history of world GDP

[sarang]

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Let us hope india has reached the nadir, and is in the ascendant mode. It will achieve growth without sacrificing its spiritual, traditional and family oriented values without burfening the government and exchequer.

 

[ashwin_ash]

Let us hope india has reached the nadir, and is in the ascendant mode. It will achieve growth without sacrificing its spiritual, traditional and family oriented values without burfening the government and exchequer.

Spiritualism without food, shelter, health care, and sanitation for each and every Indian is meaningless and hollow.

In fact, it is the Indian government which is burdening the people and not the other way around. The money collected in the form of taxes (corporate taxes touch 90%) does not reach the poor, but in the pockets of politicians. Add to the misery a Supreme Court hell-bent on protecting criminals and we have a dangerous combination. India will remain dirt-poor as long as people continue to elect thugs based on partisan casteist and religious motives.

What can Tambrams do anyway, except to vent their frustrations in forums? If a Tambram contests an election in Tamilnadu, he/ she will get only 1 vote (their own vote). Maybe not even that. Brahmins are comparatively better off in states such as Karnataka and Kerala, yet Brahmins choose to limit their family sizes and the day is not far when atleast sub-communities such as Palakkad Iyers become extinct (due to assimilation in other cultures, migration, and a general reluctance to further their lineage).

 

[sarang]

Country's Economy Family-based, Woman-centric, says Gurumurthy

Gurumurthy has written a lot and spoken a lot on indian model of economy, in tune with our traditions and values. Some points from his speech at the ‘Swami Vivekananda 150 Women Convention’ in chennai on the theme ‘Indian Woman as the Guide for the World at Crossroads’.

1. The Indian economy is feminine in nature, while the western economy is masculine.
2. The family takes care of elders, the infirm and the unemployed; and the family is headed by a woman, who is far sighted. This is in contrast to the rights-based approach of the West, where the state is responsible for senior citizens and the infirm.
3. The Indian philosophy worked on a duty-based approach rather than a rights-based approach. In the rights-based model of western countries, where everyone in the family has rights against the other, the family will be destroyed.
4. The savings-based model of the Indian economy had women forming the backbone. This is in contrast to the investment-centric and materialistic western models. Huge savings of Indian households has enabled the government to borrow from it for infrastructure development, while in a country like the US, almost every citizen is in debt and the government borrows three-fourth of the world’s savings.
5. In 1750 India’s share of the world GDP was 24.5 per cent, China’s 33 per cent, but the combined share of Britain and the US was just two per cent. India was a leading economic power of the world from the first year of the first millennium till 1700, with 32 per cent share of the world’s GDP in the first 1,000 years and 28 per cent to 24 per cent in the second millennium till 1700.

What gurumurthy didn't say - western economies can collapse with the burden of debt, but indian economy will not as it is resilient and decentralised.

http://www.newindianexpress.com/cities/chennai/Countrys-Economy-Family-based-Woman-centric-says-Gurumurthy/2014/01/24/article2016856.ece