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Thursday, January 16, 2020

Wealth in reality


                           Economy is a priority no doubt

If USA is a land of opportunities INDIA is a land of mega opportunities but accompanied by multiple mega diversions in the name of many things besides economy.

Like an individual, the nation too needs many things to have a wholesome secured development with a sense of national pride in all aspects of its socio-cultural realm too.  For example even the most talented singer has to appear in nice dress, happy mood on a well decorated stage to create a wholesome impact.


However, there is no doubt that the priority must be economic development
Only in 90s, when India was pushed to the corner that too because of PVN we thought of economy as part of governance, and governance as part of government beyond party politics. 

MODI has taken it further through a multi-pronged approach by eliminating aspects that delay the process like corruption, complex laws, red-tapes etc. 

Stabilized it by bringing procedures, processes, systems, policies, standards that are in sync with acceptable global practices; 

Created an eco-system which is at least marginally encouraging, enhancing trust and empowering through many schemes like electricity to all, bank accounts, direct transfer, infrastructure, insurance, Mudra, Skill India, PMAY etc. 

However, comprehensive implementation and utilization of the schemes require synergy of many down the line.

Besides, in countries like India everything from religion to economic activity does not get dictated or designed by any organized structure, but evolves rather organically. All that is required is to create a conducive eco- system with reasonable monitoring and regulations as checks and balances.

Our nation's development is on track but cannot be tracked down to any single parameter; it is evolving silently and organically with much greater confidence than before, as every evolution does. We would be better of learning this phenomenon by reading Leonard Reed's ' I, Pencil'; works of Daniel Dennet and Charles Darwin.

When processes and structures are in place, functions and results will emerge bit by bit incrementally and grow big like trickles of rain water through streams growing into a river.

In modern day, WEALTH is not merely financial status it is wholesome combo of various factors.

Welfare [economic and social] of the maximum number 
Easy [ availability and accessibility to comforts] life with emotional well being  
All round comforts and cohabitation without identity based frictions and fights
Loveable life and livable planet [ ensuring biodiversity] for posterity
Technology imbued efficient health care and opportunities in education and employment
Happiness obtained through synergy of various aspects of life.  



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