Tuesday, October 12, 2010

India is going back in Economic Development- The reality!!

The economist only looks the growth figures. Every day the news papers are filled with headlines "India is emerging", "IMF projected India's growth rate @9.7% for current fiscal year", "India is going to purchase 300 third generation Aircrafts". But rarely look any news related to India's pathetic condition about Economic development. Is media no more sensitive towards common man condition? Are great Indian writers busy in covering political news? Who is really going to care about more that 400million BPL population in India?
The answers reamain uncertain.

Today as I am writing this column, I can't pride on India's growth figures. India is growing & the wealth is accumulating with richers. Millionaire is becoming billionaire and so on ..... Is common man progressing in that pace as India is growing? No.

see the news-

More hungry in India than in Sudan-
India dropped two ranks to 67th among 84 developing countries in the International Food Policy Research Institute's annual " Global Hunger Index" for 2010. Even Sudan, North Korea and Pakistan rank higher than India. While the report, released on Monday, shows that the proportion of undernourished in India is decreasing, the worsening ranking indicates that other developing countries have done better in tackling hunger. India is home to 42% of the underweight children under the age of five in the world.

The policymakers in India, who are are still fighting over the need to have an expansive National Food Security Act, should look at the following data more closely: in 2005-06, about 44% of Indian children — below five years — were underweight, and nearly half — 48% — were stunted.

Courtesy-Times of India.


Prakash Chandra Trivedi

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