I may not be Gandhi but some part exists…

The anger of Indians against Pakistan is more than visible everywhere in India now. We want end of PAKISTAN SPONSORED TERRORISM NOW.

I am a free thinker. I won’t comprehend the story until I get to listen to both the parties. This is why in past few days I have tried to get the views of Pakistani people about the current boiling issues between India and Pakistan. My thought is to find a long term solution of the problem and to do this understanding the mindset of the people is most important. I don’t believe completely in two sources of news when solving these types of problems. First is News Media itself and the other source is Politicians.

When you have an emotional attachment or detachment with someone you want him to be happy or miserable accordingly. This is what the media knows best and exploits it to the greatest extent in order to escalate its TRP. They have generated a view into our minds about Pakistan and now using our emotional detachment to make profits. We have now started to love Pakistan’s misery and started to believe that anti-Indian stand of Pakistan can be broken through only one mean and that is war..NOW JUST THINK FOR A MOMENT... We are into the same hysteria which Pakistani people have gone through in last 60 years and made many of them, firstly just the anti-Indian and then the terrorist. Few small groups of people changed the minds of people in Pakistan like this and now media is making us a war loving people. This thought of mine would offend many patriotic Indians as I am being pro-Pakistani but it is up to them to think that are they more patriotic for their own country or are they more anti-patriotic a FOR Pakistan. I am putting this view after taking the thoughts of people of Pakistan and after analyzing them I found exactly same thing is fed into their minds as in ours. One Pakistani man said that in Pakistan all the bomb blasts that happened are said to be conducted by Indian agencies. Off course that’s wrong and the reality is other way round but sometimes a small dozes of so called anti-Pakistanism every now and then has made us to think that the war is the only viable solution. War is not the solution, its an open invitation to more problems. Never think that India would carpet bomb Pakistan and kill the entire terrorist in few days and win the war against terrorism. It would require a hell lot more resources both human and capital and lot of time. It would lead to more loss of life and money which we have lost due to terrorist activities till now and if we fight a incomplete war then its even more waste of money and life because destroying few camps would suppress terrorist for few days but then again new camps will come up. But fighting a complete war won’t be possible because it will come at the cost of all the developments which we have had in recent times. Take example of US. It fought war against Iraq and are still fighting. Same is happening in Afghanistan too. US, most advanced country in warfare, need help of Pakistan to fight a war against a country that does not know anything about modern age technological war. Now just think how much will it take India to fight a war against Pakistan who has modern war weapons, it doesn’t matter how they acquired those weapons and then they have mother of all weapons NUCLEAR WARFARES. It is also sure if nuclear war does happen Pakistan will undoubtedly be using it first because they will use even the last arsenal to stop Indians and Nuclear option may come at any point, last option may even become first, we never know. If Pakistan does that, first city it will target is our National Capital because of its closeness to Pakistan and make it a point that the loss that we would suffer from that one strike would account more even if India destroys whole Pakistan with its nuclear might afterwards. People say war would lead to third world war….Hahahaha…sorry for that unofficial language but irony has made me do that…COUNTRY THAT STARTED NON ALIGN MOVEMENT IN ONE WORLD WAR WOULD BE THAT FIRST TO START THE THIRD AND PERHAPS THE LAST ONE BECAUSE HUMANITY WONT EXIST TO FIGHT THE FOURTH ONE.

Nehruvian Hangover

India is changing is what we can hear from everyone in our country, whether its a businessman or a small villager at remotest corner . All these developments in recent years have brought immense change to the living standards of the people here. Post reform period has seen wealth of pouring into our country at a pace never seen before in past 250 years or so . It seems path is set now for a new dynamic and vibrant India where youngsters are starving to perform for their nation's glory. Young generation is doing everything to change the we have been doing in last 60 years. They want success and they are ready to sacrifice their comfort and struggle for living better life and a safe future. Post reform period has changed many things and the most important of all of them is the thought process of youngsters . They are more risk taking now , ready to give away their job to fulfill their entrepreneurial dreams . They are not willing to join government job just because their less work and job security. They are adding immensely towards the productivity of our country and their efforts are paying , India is developing at a sustained growth rate of more than 8% for last decade or so.

Youth have made us proud in all walks of life. A serviceman working in a small government firm in a small town of Faizabad proudly says to a mobile repair shop vendor that "don't think i am a fool . You cant charge so much for just this small repair. I also know these things. My son is an engineer." The last statement obviously comes with lot of pride and confidence. Every generation has to make some sacrifice so that the next generation may reap the benefit of that sacrifice. I salute these parents who sacrificed their dreams to fulfill the dream of their children. I salute this young generation who sacrificed their comfort to make a better nation called INDIA.

In India fastest growing segment of people is middle class because they have learn t to sacrifice .They are small businessmen and servicemen. They want their children to move to big cities and work their .I asked my father for a trip to Malaysia as these days cost to travel have come down considerably .He replied "son, I have made an investment and when the returns come i will surely go .Malaysia is a beautiful place I have heard." I asked "what investment and where??" He said "its you . Its you who can take me to Malaysia and if i go to Malaysia then how will i pay for your college fees . Choice is never between good or bad its always between good or better, better or best."

Their sacrifice has made me an engineer and now a MBA aspirant . My story is story of modern India. Its story of common middle class family in India .

BUT Something is bringing in frustration in youth. Why cant our policy maker see our zeal and passion in us? Still same problem of unemployment, Still civil amenities lack. Problem from that side are innumerable.

Why are we failing to reform more now? When everything is so clearly visible about opening up of sectors and good coming afterward then why still government bodies with so many of highly qualified and learned people fail?

Its because of the age they have lived in . They lived their times In Nehruvian age .Post independence era made us closed economy .Our policy makers did blunder when they decided to follow socialist path than a open economy .Nehru was our hero that time and everybody thought whatever he does was right .We accepted his policy as the best in the world .But closing up of economy had terrible impact on us .Our growth was virtually stagnant.We followed so called golden path , both Capitalism and Socialism , so as to again benefits of both the systems but we ended up caught up into the side effects of the both these systems.We failed miserably in providing equality that the socialism promises and on the other hand we failed to develop with the momentum with which other Asian and western economies were developing. We didn’t even learn from other Asian economies who were opening up in 1960s , 70s and 80s. Japan reforms came in 60s then came Malaysia, China, Taiwan, Indonesia .All made huge progress but we never took them seriously .Ultimately when our economy was in verge of collapsing then came the reforms which took only 8 hours by a team to 3 great economist and Politician to end a deadlock of past 40 yrs and rest is history .India started growing to become one of the fastest growing economies of the world .But even now our Politician feel good about Nehruvian system .This may be because they are not ready to adjust with current system .They are not fast enough to make new policy or amend the new one , thanks to Nehruvian age. Nehruvian age has made whole of our system inefficient. Still police functions old fashion. Big government bodies are still the market place for all corrupt practices. Again thanks to Nehru for making civil services the most valued post and then post civil servants to run government industries .Mr Jawahar Lal Nehru once said that these big industries are not meant to make profits but to provide money to the poor .This could the weirdest way to make poor rich.Government wanted to make poor rich by making rich poorer.What a disgusting stand.Most of the people in most important posts in our country belong to that age and they have seen only the lazy and lethargic India and they tend to continue with that way of working. Now since most of this people are in politics or government sector so undoubtedly these are the center for all the lethargic activities of India. So its time that old generation should take retirement if they feel they cant bear the burden of ultra fast Indian development and pass the baton to new age sprinter. Now its not just about running in the race...its about winning and speed is SUPERSONIC.

Our leaders did not have much sense of governance and economics and their successors are still not able to get out of those days hangover .

History repeats and changes..

Economic turmoil has set economist across the globe debating about best economic system which could immune this world from such crashes in future.Looking into the past suggests us that whichever way of economic administration we follow or whatever theory economist suggest...CYCLE OF DOWNTURN AND UPTURN goes on and on.Free market or Marxist way or Keynesian way to control the uncontrolled..debate will go on.
History is repeating.Great depression, which is the most dreaded event of our economic history about which it was thought that we have learned enough now to keep ourselves aloof from it, is once again in minds of everybody around the globe.
There are many analogies between the GREAT DEPRESSION and 2008 economic disaster as many may quote.

The Great Depression was not triggered by a sudden, total collapse in the stock market. The stock market turned upward in early 1930, returning to early 1929 levels by April, though still almost 30 percent below the peak of September 1929 .Together, government and business actually spent more in the first half of 1930 than in the corresponding period of the previous year. But consumers, many of whom had suffered severe losses in the stock market the previous year, cut back their expenditures by ten percent, and a severe drought ravaged the agricultural heartland of the USA beginning in the summer of 1930.

Now compare it with situation today.Stock markets in US has crashed and government is out with bailout packages which may some how resist the current downturn and even help DOW and NASDAQ to take a break from riding bear and move up but next year when consumer would cut their expenditure by 10 percent or 15 percent could lead to another great crash of stock market and with banks and big sectors already faulting at regular basis,commodity prices continuously hitting low and unemployment hitting highs,are we heading towards another Great Depression.Lehman brother could survive great depression but failed to do so in this turmoil.Will situation get worse from hereon???

Certainly Yes,history repeats itself.We may not fall into the lows of that period but things will be difficult in times to come.Cities all around the world will be hit hard. Real estate sector will be virtually halted in many countries. Steel and other commodities have already suffered from price fall by roughly 30 percent. Facing plummeting demand with few alternate sources of jobs, areas dependent on primary sector industries such as farming, mining and logging too will suffer.This all seems very similar to what has happened around 88 years ago.

But history does not only repeats, it also changes the way this world functions.

The global economic depression of the 1930s had a crushing and widespread impact on Latin America, forcing Latin American nations to change their economic policies away from export-oriented growth and more toward the long-neglected diversification of their economies. In particular, these nations toward an endogenous economic model based on industrialization. The economic crisis and the endogenous reforms that resulted from it led to significant social and political consequences and major transformations of social structures within Latin America.These changes helped US to build better economy and become a economic giant for next 100 years or so.

This turmoil has opened chance for the world again.This is a great chance for developing countries like India and China to shift the economic power towards themselves but that would require more than just the government determination. India and China with large skilled and cheap human capital can make use of this opportunity to strengthen economy.New York can be replaced by Shanghai or Mumbai or Bangalore as economic capital of the world.Developing countries like India have already started getting some benefit from this recession as big companies have started outsourcing more to developing ones in order to be cost effective and save their balance sheets from drought of funds. Asia can come out to become next economic hub when this recession gets over. Unipolar economic world might not remain same in next 20 years.

Let us see will it be US for next 100 years or will there be a replacement this time.