they say...its a science of allocating resources to wants where the wants are unlimited and the resources are limited....
hmm... right from the days of say any period... take any timeline... this is what has been the case...
u see any politician... any economist.... he has just become famous in granting his theories in allocating resources to countrymen wants.... At times he has been successful....at times..... failures have made them popular.....
Economists have been many in past.. most known have been Smith, Keynes and Hayek...
They have all come out with theories which have matched with reality for decades.... and there has been huge economic crises, whenever flaw has come to their theories.... be it be the case of inflation and unemployment both going high... or be it be the case where free markets greediness have created huge imbalances in the economies.....
These theories have just given governments and country rulers' directions about how to run a country... but what about development of a country.. what about implementation of plans... what about uplifting people from lower level or lower life style to match higher life style..or at least upgrading their own lifestyle..
Talking about India, when is it going to happen that... there would be development at the grassroot level..... They ( Keynes) say.. that.. government spending is required to come out with recession... increment in infrastructure and public spending is required... but what about implementation... and what about creating policies to implement...
Sometime.. in my life. i studied.. that .." Its all about Execution"... and.. Execution it is.. what is needed to come out and say.. that the policies have been implemented..
India needs an executer.. I can sit and plan and plan.. but to check that the health policies I am making.. the Employment schemes I am creating is being implemented or not.. needs harder work than to plan and say that I planned...
India is in deep need of.. Education, health and infrastructure development.. infact.. implementation of ideas and projects in these areas... People are dying just because of poor health facilities.... and people are being deprived of education... leading to huge hatred-ness in the mind of the people.. which is then.. seeing upcoming of terrorists and naxals.... which then. go on to destroy the existing infrastructure.. just to revolt.. and create an attention...
This is a total trap...
U need to target the root....
3 things.. would lead to a successful india...
Implement... Quality education to all..
Road Trasnport.. development..
and. Infrastructure.. ( covering.. health.. drinking water.. etc)
This will lead to.. curtail lots of upcming problems...
Another important crises.. India needs to come up to cover tomorrows crises is Agriculture..
just.. wait. for the another post for it...
