Sunday, 30 November 2014
“Is India as a Super Power by 2050 Hype or a Hope?” - Professor M.S.Rao
“We are a young economy, and we are only growing younger. In 2020, the average Indian will be only 29 years old – compare that with 37 in China and the US, 45 in West Europe and 48 in Japan. 65 per cent of our people will be in the working age group, and this age advantage for India is expected to continue for at least three decades till 2040. My vision for India is a country where everyone has been equipped with the skills needed to be positive contributor to the economy. In view of the huge demographic dividend that India enjoys, I also see Indian skills manpower being invited to other countries, to take care of their needs.” – Dr S. Ramadorai
Globally there is a frequent discussion about India becoming as a Super Power by 2050. There are four countries – Brazil, Russia, India and China that have the potential to grow in future. Whatever may be the research findings, it sounds good to hear for these four countries. But what made the researchers and analysts to predict India’s economic growth is least understood but widely discussed across the world.
For many years, India did not get adequate opportunity to exhibit as a super power although it has one of the oldest civilizations in the world. There are various reasons such as lack of right leaders and India as a country changed geographically from time to time with people from other countries coming here and assimilating to grow as Indians. In a nutshell, India is a melting point of various religions, ethnicities, castes, creed and communities. Eulogizing India’s greatness, Mark Twain once remarked, “India is the cradle of the human race, the birthplace of human speech, the mother of history, the grandmother of legend, and the great grandmother of tradition. Our most valuable and most instructive materials in the history of man are treasured up in India only.” Historically India was conquered by many countries including French and British. India as a country withstood lots of challenges and evolved as the present India, and is still a developing nation in the world.
India is very rich in natural resources. Unfortunately, we are unable to exploit our natural resources due to various reasons including the political instability and tensions within the society. However, India as a democracy survived becoming as the largest democracy in the world. Currently India is the second largest populated country in the world next to China. It offers both as a threat and opportunity. It must be viewed as an opportunity as we will be able to utilize these human resources to exploit our national resources. Another advantage with India’s human resources is that we have the young population which is vibrant and productive and can take India to great heights globally. If we can channel this young human resources to exploit our national resources, India can become a prosperous country in the near future. Therefore, that task ahead for India is to inculcate positive and right attitude among the young population. Encourage them to stay clearly focused on their goals and align their personal goals with nation’s goals. Inspire them to remain committed and dedicated to make India not only a prosperous country but also a super power in the future.
The developed countries have reached their stagnation. It is a great opportunity for developing countries like India. India must make use of both young human resources and natural resources to grow quickly as an economic super power. To conclude, India becoming as a super power by 2050 is not a hype but a hope which will be a reality. Jai Hind!
“We have been. . . thinking small. And if we look around us, countries like China have grown so much by thinking big. I would urge that we all, in the coming years, think big, think of doing things not in small increments, not in small deltas, but seemingly impossible things. But nothing is impossible if you really set out to do so. And we act boldly. Because it is this thinking big and acting boldly that will move India up in a manner different from where it is today.” - Ratan Tata
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Professor M.S.Rao, India
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