Saturday, 11 June 2016

Matching China? No way......

These bank people talk good and what favours them. Making economy large should not only be the target. The target should be to maximize GDP per capita. This will improve the life standard. There is numerator and denominator. We need to work on both fronts. Increase numerator with growth and reduce denominator by reducing population. Till this date we talk only growth. Unless we talk of population stabilization and then reduction, we shall not see quality of life improvement, let there be double digit growth for 5 or 10 years. All efforts of government will got to waste. But again this is what illiterate Indian people expect as they are not ready to put cap on birth control. We shall never see $2,000 per capita income, even by 2020. Let us not dream more!!!

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