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Mahender Singh's avatar

Thanks, Sir for this article. I have a lot of comments to offer. First few as below:

1. Comparison of a country like India with US, Europe is futile, they will never be same. India should not, and is not, pursuing a US type growth.

2. Per capita income may not be the right parameter for India where lowest level living unit is "family", not "individual".

3. We are a labor surplus nation, others are capital surplus. They can discard their machines if not needed, we can't discard our people.

4. Misinformation by govt before the rise of Social media has set wrong priorities among the people.

5. Our states have failed miserably to take ownership of anything, and have conveniently blamed centre for everything. All resources that contribute to development, namely, land, education, health, electricity, law and order are state subjects. But all states ask questions from Centre on unemployment.

6. GST doesn't affect rich and poor alike. Poor spend most on food, which is GST free. Lower middle class spends on food or on saving, both have no GST.

7. In a country of 1.4Bn, private sector is a critical player. In a global economy, if we want pvt sector investments, we have to give them tax incentives. Today we are consuming 70% of our own produce. If there are no incentives for pvt sector, we'll end up consuming 100% of produce imported from somewhere else.

8. Comparison of tax applicable to salaried class and entrepreneurs is weird. These are two different skill sets, two extremely different vocation, require different set of efforts - both physical and mental. Their contributions to society can't be measured by taxes alone.

9. Appeasement politics of certain sections of society have inflicted damage to the social fabric of the nation. Strange that correction of historical wrongs look targeted at one section. 130 odd prime properties in Delhi handed over to one section of society, hours before elections in 2014 - we should call that as a "targeted appeasement and vote bank politics". I am not against any section of society, but all must be treated equal.

10. Judicial system in India continues to be a joke. Judicial reforms are a must, sooner the govt realizes it better it is.

Overall: Viksit Bharat of 2047 may not look like United States, but, it must not look like today's India too.

Regards

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