The next decade is Indias opportunity. Modis US visit must focus on markets, investments and jobs. We are adding 20 million youth into the job market every year. At least 10 million new jobs should be created in manufacturing. China is losing 4 million working age group a year as population is ageing and their wage rates are rising: giving space for India. India has the best opportunity to occupy the space vacated by China. This is our best chance to reclaim lost ground. Our share of world GDP used to be 20 to 25% through most of the history. It was 7% in 1900, fell to 2% in 1950, and bottomed at 1% in 1991. Now we are at 3.2%, and we need to reach at least 17-20% by 2050 to end poverty and give full employment. Millions of engineers & educated youth are ready to work if we create jobs and give them skills. They cannot wait forever. Infrastructure, skills, investments, jobs should be our mantras; not lust for power and plunder of the nation. The USA and the world want us to succeed. Only US, China, India and Russia together can meet global challenges & keep the world safe. Our history & heritage, our need to end poverty & create prosperity; & global stability and growth - all demand India stepping up and succeeding. Can we set aside petty politics & personal greed at least for a generation? Can we do things which are so obvious to help our youth? It is now or never. If we siege the moment, we will do our ancestors proud. If we fail now, 21st century will be lost for us. JP
Posted on: Thu, 25 Sep 2014 15:09:05 +0000
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