Four young minds discussing the Future of India

Last weekend, there was a long discusssion about India, its current system and its future among four of us. Most of the guys in the town had left for a music concert...so what started as a small conversation in dinner dragged on and on till around 230 AM...it also helped that we had a very passionate member among us..(the passionate member a.k.a Maaamaaa...famous for his karate skills)...we had to sometimes rein in him...saying we are juz talking..have a glass of water....anyways no more rambling...

It all began when I said India could improve to greater heights if we bring Educated people into Administrative Posts...and Remove Corruption...my friend retorted saying that getting educated people into administrative posts is good enough. We discussed this for quite a while and were amazed and were left with no answer at how people with little or no education can run a country with huge population. (here i am referring most ly to the MPs , MLAs and CMs (a.k.a Laloo, Rabri) who are uneducated ...thankfully we have three of the most educated and worthy people in Abdul Kalam, Manmohan Singh and P.Chidambaram...) then the discussion kid of wandered on to the reservations, education system. Reservations and quotas led my friend to talk about reverse discrimination. I am strongly with this and i feel that our counrty is a place where minority rules the majority . this is exploited by the politicians and some sections of the population and as a result some deserving people are left out.

The discussion about education system was what really got our passionate member excited. The issue at stake was whether the educational system needs a revamp or not. There were concerns about syllabus, method of teaching, quality of staff etc.

The discussion finally went to the most important question. How will this system be cleaned. Here talks about Parithrana came up.( For people who are unaware, Paritrana is new political party founded by a bunch of guys from IIT and some others with higher degrees from the U.S. For more information on them, go to http://www.lokparitran.org/ ) Everyone accepted the blame on their part for not doing anything to improve it.There were a number of issues that came up. the prime issue was concern about one 's own life security. Almost everyone felt that the person that speaks up could be easily beaten up by a bunch of romdies. So all said and done, things alomst remained the same except that everyone felt that somehow, something needs to be done and done ASAP.

Senseless Riots, Reservations and Privatisation in India.

There was senseless riots and meaningless death last week... The death of actor rajkumar and the ensuing riots by and the meangingless death due to police firing was just too horrible and needless . I was also surprised to find that many Companies(mostly S/W) declared a holiday following rajkumar's death. This is a significant thing considering the workoholic culture of Indian S/W companies. Maybe the S/W companies anticipated significant threats and riots following the death.. which makes me think whether the death of an old famous actor is such a scary thing to the local Indian society?

The other news that pissed me off last week was the proposal to introduce reservations in IIT and IIM. If that comes about that would take the remaining credibility in the Indian Education System. Rediff is conducting a survey about this and asks its readers to take part and give their opinions and be heard so that the Government changes its mind... I personally think nobody can stop this stupid rule if the political forces decide to go ahead..I just hope that better sense prevails in the deciding authority.

I was also glad to see the news about the privatisation of Electricity board in Maharashtra..Reliance, Tata and all other major players are in fray to build a new plant to provide electricty...The existing plant is still controlled by the government but still this is a good step in the right direction.

Finally I found this observation by my finance professor very interesting and very true. He says that poor people in socialist countries are more poorer than poor people in capitalist countries. This is absolutely very true from my observations here. The prime reason being the social security and the unemployment and the homeless benefits here. This again vindicated my strong thinking that India should open up more and do a lot more privatisation and get rid of the workers unions and stuffs like that.

I found this article very interesting.. If you have time please read...

http://www.econ.ubc.ca/lemche/academic_w05/webfiles_w05/neo-economics.pdf