Friday, February 12, 2010

1/3rd India Rule

We must consider accepting a new rule which i call the “1/3rd India rule”

It is so relevant & applicable to most of what we measure .

In India , 1/3rd of the population is beneficiary of reforms . 2/3rd still pays a price for negligence of 1/3rd

India has 1/3rd of its population living in urban India and the rest lives in rural India

India talks about 500 million cell phone subscribers . Actually, most of them are multiple / unused / dumped sim cards . So the actual number of users could be just approximately 1/3rd of the number projected In India

Rural per capita GDP is around 1/3rd of the per capita GDP in urban India Even the actual GDP growth is one third of what is shown by the government . If you see for 2009, Agriculture , forestry and fishing grew negative . These three sectors are the basic means of subsistence for 2/3rd of the population . But the government is just working for 1/3rd of the population ignoring a major chunk

Till we address SME , Agriculture and manufacturing , we will be subject to negative cycles

For most of the schems for upliftment , one third of the funds remain unused , which clearly proves that it is not lack of resources , but lack of governance which is dragging the nation backwards .

Last year during the recession , and this year due to inflation (exorbitant price rise) , India has pushed more people below the poverty line then we could have thought . Still the government says , India has been unaffected by recession? India still wants to increase the price of fuel ?? We must take our current policy makers to task and question them about the 1/3rd rule that is shaking the economy and dragging us backward . We are among the lucky 1/3rd of the privileged population . It is our duty to raise the standards of remaining 2/3rd .

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