Some good guidance and population explosion:
Rajan is a very bright man and is on right path. Modi is
doing his best. But still results are not there. Each state of India is a
nation in itself! Delhi and state have different ways! Our constitution has
really made a mess. Now, how to move forward? Growth contributes to rich and
poor stays there only. We are the country with biggest poor rich ratio and it
is no surprise. Opaque laws, corruption and weak judicial system have bring
this situation. However biggest reason for high poor rich ratio is population
explosion. Poor has no power to bargain and rich get poor people for nothing.
People crowd even for small job and finally a corrupt politician or official
sale it at a price. Corruption galore. Every point Murthy discussed need one
additional action: stabilize population! I feel bad that even he does not have
courage to put his finger on population explosion. He tries to answer round and
round.
People of India must understand what is the greatest problem
they are facing. And it is of population explosion. It is not possible to
create jobs like 50 and 60 million. However it is possible to reduce population
growth by 50-60 millions. China did it and today their people's living standard
have improved. If India has to make any progress, especially of poor, it has to
adopt authoritarian style. Otherwise continue to be there where we are.
Educated and rich will not agree with this, but 1/3 poor people of India will
agree with this. They want themselves to be out of poverty line. Rich can’t
refuge.