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View Point


  • Discussions on Response to 'India's Role in the fight against Terrorism'


    Ramki from Singapore: After seeing the article I wanted to write what is in in my mind. In my opinion, the reason for India not getting western coverage is the race rather than investment . Earlier India had the investments of western countires.Now , most of the brands like Colgate,Procter and Gamble are all purchased by Indians . The management is in the hands of Indians where as in the countries mentioned in the article , the management is still dominated by Westeners .India is self reliant in everyfield.The process may be slow but the result will be good. India has already achieved its goal on self reliance in food,clothing and to an extent in shelter for all, and now moving towards health for all.Once I came out of the country only, I could understand the value and freedom we enjoy in India. I can proudly say that India is no way lacking or inferior to other countries. The scale to measure the economy or other development is fixed based on their culture and their convienence but nobody knows what we Indians in India have .

    Raju from London : I want to add a few more pointers on Ramki's comments. As any patriotic Indian, I would also supplement his views that India is in no way lacking or inferior to other countries. But I would like to contradict with his statement in saying "the scale to measure the economy or other development is fixed based on their culture and their convenience but nobody knows what we Indians in India have".Economy is evaluated worldwide only on a common scale, right from USA to Somalia the scales are the same using pointers like GNI or GDP which reflect the state (strength) of the economy. Any change in smaller countries are evident immediately. Likewise their growth is quickly reflected on their GDP and their ratings are going up. The coclusion on standard of living can not be based on Tamilnadu alone. There are states like Bihar, Orissa, Rajasthan and Uttar Pradesh whose growth is not the same as Tamilnadu's and definitely their standard of living is not the same. When the world views us as Indians and our country as India it looks at us in totality and as a result only the cumulative growth rate is taken into account. This nullifies the better standard of living in a few states and everyone is rated as a person from a lower income country. Let us face the truth some parts of our country, even some parts of Tamilnadu still reflects the scenes we see on TV's for the past few days from Afghanistan/Tajikistan. Recently, the high court has condemned the central government for the hunger deaths in Orissa . It is a shame that there is surplus food in states like Tamilnadu and Punjab which is being left to rot and on the other hand there are people who are dying in other parts out of hunger. This definitely is not being self reliant, probably in traditional terms we are self reliant on food grains as we are not importing from outside, but realistically we have a long way before we can claim ourselves to be self reliant.
    Yes, I agree that India is self-reliant in many areas and doesn't bother other countries. We still have long way to go, When we need high tech, quality products or to be specific good quality, high end manufacturing machines, we still look outside. Our rating of quality is still lower than the west and that is because as a consumer we don't demand quality. Quality works backward from the consumer, if the consumer wants quality products the manufacturer will make quality products and he in turn will look for quality equipments and that in turn will enable quality machine manufacturing. Being a developing country all along our emphasis has been on lower price than good quality. Once we become an affluent society our emphasize will shift to good quality which in turn should make our products of good quality and would enable to export more and compete in the world. Once we are there our international clout is also bound to be higher. We have to move in that direction and as Ramki rightly said even though we may move slowly, eventually we will be there. I would like to put in my thoughts on western and Indian management of companies like Colgate, Procter & Gamble. The reason for Indian management in India is that the goods manufactured by these companies are consumed within India and not exported out. Even if it is exported it is only to similar markets in developing nations. Add to that the ability of Indian management teams to do well and the investment made is also lesser on comparative terms. So it is acceptable to have an Indian Management and they are doing well living up to the returns expected. Whereas in other countries , they have western management because the goods manufactured goes back to western world for consumption and the investment is of higher order to achieve the better quality. So they would like to have direct investment and management. Once a western company makes direct investment then their performance affects the share prices back home and there is a need for more attention resulting in western management. I am sure that once we start exporting to western nations these same companies would make more investment and would like to have more control. I would be a very proud Indian if we could make our own investment and manufacture exportable goods. Recently my joy went out of bounds when I read the news in CNN about mahindra & mahindra exporting tractors to USA and increasing their market share. They are even opening manufacturing plants in USA. I am sure if Indians like you and me contribute we will be there in our lifetime.

    Rajan from Bangalore: The point Raju made about "quality driven manufacturing" and "importance of overall growth than what I call "patch development" are true. As far as quality driven economy, after 1991, we are in that path. So we would catch up sooner than later. Regarding the yardsticks or scale of economy, I tend to agree more with Ramki. It does not eman that I do not beleive in the modern school of economics that talks about GNI/GDP but I would like to question how relevant it is to relate to the quality of living. No doubt, we are an inegalatatian society and there is more heterogenity in the economic standrads of our society. However, the relevance of culture that Ramki talked about has some meaning. In the sense that ours is mainly a "saving culture" than a "spending culture". Simple example is the importance attached to vacation and tours in countried like UK and in India. They are absolutely different. We make travels based on the need and constraint but not for touring or pleasure. Also, our culture is "not a consumption culture" as others. So, I understood Ramki's statement as an arguement based on the Purchase Power Parity (PPP) of Indians vs others. Going by that we are not very far away comapred to any. But again Raju's point is valid here as whetehr all Indians have higher PPP. This is where intellectauls have to work together.



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