Liberalization, Privatization and Globalization (LPG) was blasted in India in 1991.
The fruits of LPG are all very visible to us now. The explosive growth of Aviation, Automobile, Telecom, IT, Real Estate, Consumer Goods, Education, Health Care, BFSI and so many other sectors is proof enough that the LPG model has made India a better place to live in.
On the other hand, we hear stories of farmers committing suicide, blatant consumerism and Americanization through the Archies - Mcdonald culture, death of smaller Indian industries etc.
So whom do we blame for the situation? LPG? I think the screwed implementation of LPG is the problem with our country. Liberalization should have come first, then Privatization and then Globalization. Unfortunately, we had no choice then. But today we do have a choice. Why not go the Liberalization way in full swing for a starter? Let everything get liberalized, get rid of the license raj totally and it would be that much easier for us to accept globalization as a reality.
The politicians have eaten in the pie (or in some case the whole pie!) and so the benefits which should have come in are lesser than expected. But was something else expected of them? Everybody today knows the level of corruption in India. The thought of going to a government office, be it the RTO or the Collector Office or the Post Office, makes one feel disgusted.
If the government does the work of governance, there won’t be any problems at all. Its rightly said, “Business is not the business of the government”.
How did I come up with this topic all of a sudden? Read the blogs of Hrishi & his dad Vijay Kaka on Globalization, socialism, capitalism etc. Thought for a long time on all the points put forward. It was a very interesting discussion indeed. I recently came across a book, “The Great Indian Dream” by Arhindam Chowdhary and then it made my thought process even faster and I couldn’t do anything but jot it down over here.
I know this is a very short write up but I intend to write many more on related topics. More on the Americanization and Archies – Mcdonald culture later…
The fruits of LPG are all very visible to us now. The explosive growth of Aviation, Automobile, Telecom, IT, Real Estate, Consumer Goods, Education, Health Care, BFSI and so many other sectors is proof enough that the LPG model has made India a better place to live in.
On the other hand, we hear stories of farmers committing suicide, blatant consumerism and Americanization through the Archies - Mcdonald culture, death of smaller Indian industries etc.
So whom do we blame for the situation? LPG? I think the screwed implementation of LPG is the problem with our country. Liberalization should have come first, then Privatization and then Globalization. Unfortunately, we had no choice then. But today we do have a choice. Why not go the Liberalization way in full swing for a starter? Let everything get liberalized, get rid of the license raj totally and it would be that much easier for us to accept globalization as a reality.
The politicians have eaten in the pie (or in some case the whole pie!) and so the benefits which should have come in are lesser than expected. But was something else expected of them? Everybody today knows the level of corruption in India. The thought of going to a government office, be it the RTO or the Collector Office or the Post Office, makes one feel disgusted.
If the government does the work of governance, there won’t be any problems at all. Its rightly said, “Business is not the business of the government”.
How did I come up with this topic all of a sudden? Read the blogs of Hrishi & his dad Vijay Kaka on Globalization, socialism, capitalism etc. Thought for a long time on all the points put forward. It was a very interesting discussion indeed. I recently came across a book, “The Great Indian Dream” by Arhindam Chowdhary and then it made my thought process even faster and I couldn’t do anything but jot it down over here.
I know this is a very short write up but I intend to write many more on related topics. More on the Americanization and Archies – Mcdonald culture later…
1 comment:
now u have written this and invited a trouble...me eating ur head for further understanding. ;)
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