Thank god we are poor

                                              

India is a country where most of the people live life below the decent standards , and the is standard not European but very much modest Indian one, people of 1.3 billion scale produce 1.8 trillion dollars of income annually that on an average comes around 1500 dollars for average person in a year not even 6000 rs per month, and if you see the inequality you will have a different picture altogether , if artificial richness is imposed on the  people by way of mindless transfer payments that do not add any capacity building in the economy then results would we disastrous, take for the example case of stampede at Allahabad junction where score of people were killed, the reason, mammoth crowed that could not be managed by any means of transportation, the rails are overflowing and thank god no railways casualties are reported.

The simple point I want to bring home is that because of our poverty the mammoth population do not put pressure on the infrastructure to its proportionate scale otherwise it could have been complete chaos given the present state of infrastructure in our country, imagine the power situation! every power transmitters could have failed. What i mean here is not that it’s good that we are poor but rather somehow it is manageable for the economy that people are poor, the richness of Greeks broken their economy because Greek could not match the aspiration of its people.

It is very important that country grow riches before its people become rich and not vice versa so that it can meet the aspirations of people, i am afraid had it not been so, policy makers and administration would have hard time managing economic riots, due to low economic conditions virtually there is low aspiration level and low demand and that to mind biggest reason binding India together, differences are more on other lines than this crucial line.

There is always delicate balance between richness of people and economy and that must not be broken, pathetic poverty is unpardonable but stinky richness without proportion is also risky.