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Saturday, August 18, 2012

The NOT so poor India

Just read on a forum that "Ek tha Tiger" has smashed all box office records in terms of opening day collection by collecting 32 crores( which in my opinion is huge considering the movie is average at best but its all SAL-MANia). As I was reading this, I don't know from where a comment made by Australian cricketer Matthew Hadyen came to my mind. Few years back when asked about India he described India as "POOR COUNTRY POOR PEOPLE" . Even United Nations has ranked India on 134th place out of 187 nations in term of poverty but is India really poor?

        Swiss Bank Managing Director certainly not agrees that India is poor and he has a reason for that. The personal account deposits by India totals to 1500 billion( 28 lakh crore rupees) which makes India number one in black money deposits. ( It would have been great if black money deposits had been olympics event....India would have won Gold without any competetion). To get an Idea about the hugeness of this amount, the total money deposted in swiss accounts is 13 times India's foreign debt and If that money is brought back India can pay their foreign debt and country can run for more than 20 years tax free. But sadly all this not going to happen because government doesn't want to and everyone knows why .

              Another reason for government inactivity on black money issue might be because of government's thinking that there is no shortage of money in country(atleast not in bank accounts of politicians) and based on this thinking they are throwing around money to different countries such as $1 billion in aid to Bangladesh, one-fifth as grant; $500 million to Myanmar; $300 million to Sri Lanka; $140 million to the Maldives; and hundreds of millions of dollars in new aid to Afghanistan and Nepal.Seriously I don't know what government is trying to do by this lavish free distribution of money when United Nations says that 40% of Indians live for less than a dollar a day but may be our government doesn't think that there are poor people here and how can one be poor in government eyes when if a person can live on 26 rupees a day means he is not poor.

          In fact to certify this poverty theory of government our prime minister ( read Robot singh) was going to launch "harh haath me phone" scheme ( what if there is no "har pet me roti") with 200 minutes of free talktime for poor people. I was hoping Rahul baba would suggest(order) him to also give free message packs to poor youngsters. For now the scheme seems to be postponed may be because if they would give mobiles they will also have to provide electricity to poor people.

       Now coming to the point of India being not poor,if some foreigner argues with you about India being poor just handle him the list of government scams and amount of money involved in them and if he is still not convinced and says that common people are poor here then take him to a Indian wedding and let him see how we "poor" Indians waste money. Needs not to be necessarily a high class wedding or a royal wedding, a middle class wedding would suffice. Royal weddings will be too much because royal wedding are not made in heaven they are made in banks. A middle class wedding will show him how aam aadmi( common man) spends out of their aukaat ( status), that foreign guy might even faint on seeing the amount of gold laden on dulhe ke chachaji ki sali ki buaji (no translation for this :p). 

        For once and all India is NOT poor and Matthew Hayden will agree to this now because after retiring he came running to India to earn money by playing in IPL( money rich tamasha, can't call it cricket).

On a serious note its no hidden fact that there is enough wealth here its just improper distribution of wealth which means 37% people are poor here and that is only because of lack of political will. Its agreed that being a developing nation with huge population poverty is going to be a problem and government can't simply take money from rich people to give to the poor but there are enough sources available to improve the present situation so that no one dares to associate the word poor with India.