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8/9/2019 India Trade Basics
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Articles and their snippets:
Choosing thy neightbour:
social biases often result from prejudice or chauvinism, but can also result out of
legitimate concerns about, or threats from, another social group.
Social bias permeates all segments of Indian society urbanisation and improved access to education may not reduce social bias.
Given the existence of a premise of a social bias based on religious/caste hierarchies, is it
too far fetched to extrapolate that apprehensions arising out of economic/socialdisparities/competition will ultimately claw its way into the social mindset.
marginalised communities are apprehensive that traditionally dominant communities
will discriminate against them or hurt social solidarity
Even in the times of ascendant marginalised socieites, the bias is more or less prevalent.
selfidentified middle class was also more li!ely to report that their family had
experienced social mobility within the last generation.
fundamental about the construction of middle class identity that lends itself to social bias "ffiliations arising out of historical stigmati#ation/economic contestation will fill up the
cleavages arising out of the erosion of traditional bias, to the point that the $traditionalbias% becomes a symbol to be abused by vested interest in lieu of economic/socialdowngrading.
Being Middle Class
who in India actually belongs to the $middle class,% moni!er, its si#e, composition, and
political and social behaviour&
'ut is the middle class anything more than simply a large group whose income ma!es it
neither rich nor poor& "re differences within the middle class, especially in income,education and cultural and social capital, so wide as to render moot any ideological orbehavioural coherence to this group&
(ontribution of Selfidentification as middle class and the difference in objective realities
)ifference of real income in rural and urban areas arising out of living costs also
contributes to selfperception
The middle class is more bullish in their assessments of the country*s overall progressand India*s economic conditions as a whole.
Increasing perception of occupation as the stausdefining factor which is manifested by
the rise in the preference for the whitecollar job+even at a lower renumeration at theexpense of the blue collar job.
-his selfidentification to the middle class moni!er also influences people in theirmonetary expenses/consumption choices +ise of the smartphone, travel in a/c as asocial symbol, which arises out of a want to cast oneself in that $middle class% role ,rather than need.
This bodes well for the economy, more consumerism.
Denial and ritualism in Indian science
Inability of Indian science to play the role epected of it in the country!s economic
transformation. "ath brea#ing disco$eries%inno$ations, to say the least, is a distantdream.
&b'ecti$e of spending in science and its grassroot affiliates: (eaping economicbenefits. De$elop%inculcate scientific temper.
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Ma#e in India campaign: )ood initiati$e, but lac#s insight. It must be honed and
percei$ed and practised at the grassroots le$el. "ro$isions should be made foralternati$e energy resources. *ploit inno$ation a$ailable locally. Clear interlin#ingwith in$estments in +cience Tech and its economic eploitation, in other words a
pathway to green%affordable industriali-ation must be car$ed.
The way ahead: ar harsher set of criteria for e$aluating grants, proposals ependiture. /ombie pro'ects should be #illed off, through assessment e$aluation.To counter the industry0science0go$t. coordination failure, e1ual number of reps. fromeach sector need to be in$ited. (eallocation of funds towards inno$ation relatedacti$ities in uni$ersities%fairs 2M+M* fair in &disha correlation3%institutions.
Can India catch up with China4
China : India )D"0 5.56 in 5758 and 5.96 in 579. India had a higher per capita
income. , have feared foreign domination, have considered the state as the driver ofgrowth and have suspected the private sector*s initiatives. India was a democratic, (hinawas a monarchy. (hina was single minded in its puruit of resource mobilisation toachieve its goals. India, was trying to achieve uinity in diversity and accommodatingvarious religions/races/languages
( had more successful resource mobilisation strategy, all round emphasis in heavylight
industries, better agrarian mgmt. Growth rate +012345 1.36, twice of India.
7igher labour productivity and capital deepening. $Each acc. to his wor! rather than each
acc. to his need% policy, professionalism, efficient economic mgmt.
Industrial sector opened to foreign capital, large net inflow of 8)I. 9er capita income
:uadrupled at 3;555
India didn*t see! foreign help in the industrial sector, relying on the private sector,
selective subsidies. Instead it borrowed to cushion loss ma!ing public enterprises.
In >50?, gross per capita0335
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Mo" has in$o#ed *lectricity Act =998 for a framewor# for more competiti$e,
transparent and commercially dri$en power sector and the need to distinguishbetween urban distribution and rural distribution.
acilitates establishment of participatory models of rural distribution 2(ural
panchayats and elec. cooperati$es3
?8999 cr for rural electrification scheme, Deen Dayal @padhyaya )ram yoti o'ana,
which will strengthen the power distribution infra in rural areas
=99 cr for strenghtening power distribution transmission in * states.
8=999 cr for Edo0 in urban areas including a system of local mgmt. and energy
accoutning through widespread metering in distribution circles
*asy access to power will boost the producti$ity of the mfg. sector
F+ecurities