China's Growth - Time to Wake Up and Learn.
Consider these:
- China is close to achieving universal (100%) literacy, while we are wallowing at 60%.
- Electricity production in China is nearly three times higher than in India.
- The rate of malnutrition in children under five years in China is only about a quarter of the shamefully high 46 per cent level in India.
- Life expectancy in China is a solid 8 years higher that in India.
- Female adult literacy is nearly double India's pathetic 45 per cent.
- China's poverty ratio (as estimated by the World Bank's dollar-a-day income criterion) was less than half India's 35 per cent.
- In India we take great pride in the telecom 'revolution' of the past decade. Despite that, in 2003 the number of landlines and mobiles in India was only one-sixth the number in China.
- In 2004-05 our economic spokesmen expressed satisfaction over $80 billion of merchandise exports. China exported $600 billion worth of merchandise in that period.
- FDI is more than 10 times in China than in India.
- Tourist Arrivals - 33 million in china(excluding HongKong), compare this with 3 million in India.
- In 2004, China's Foreign Exchange Reserves were more than 4.5 times India's.
- While we were debating upgrading our airports, China built several new ones. Our infrastructure is pot-holed at best.
- China is a world beater in Sports. India is yet to see a individual Gold Medal in Olympics.
We are poor on each of these indicators of Progress. BUT, do we expect anything different?
- Given the fact that almost 20% of Indian Parliamentarians have criminal charges against them. See Earlier Post.
- Quota and Caste based Politics is what is discussed in the Parliament. Where is the time for Infrastructure Development?
- Institutionalized Corruption is rampant. See Earlier Post.
- MPs and MLAs accept money to topple governments in states (Remember the Ajit Jogi Case?).
So, Where is the time to work on development? Whatever little progress we have made; has been largely by the Private Sector. Not Because of the govt.; but inspite of of the govt.
http://in.rediff.com/money/2005/sep/27china.htm
0 Comments:
Post a Comment
<< Home