zen Posted May 21, 2015 Posted May 21, 2015 ^ You can make more with less. Govt. schools can become world class. This does not need extra money. I am a Govt. school pass out too, there are a lot of improvements that be done such as in curriculum (like more English-medium schools, imparting banking knowledge, computer knowledge, vocational training etc) that doesn't depend on GDP growth. If you want to measure well-being of people, then HDI is better parameter. Agree. So how do you make a govt school world class w/o relevant funds? By world class, it would mean competing with the best in the world (that would be like using iPhones in one of your examples). Additionally, more schools would need to be opened too to support India's huge population (esp. those living below the poverty line) Agree with HDI. However, if I am not wrong, GNI is a component of HDI. And GDP is a component of GNI. Therefore, GDP is a component of HDI
randomGuy Posted May 21, 2015 Posted May 21, 2015 Agree. So how do you make a govt school world class w/o relevant funds? By world class, it would mean competing with the best in the world (iPhones). Additionally, more schools would need to be opened too to support India's huge population (esp. those living below the poverty line) Agree with HDI. However, if I am not wrong, GNI is a component of HDI. And GDP is a component of GNI. Therefore, GDP is a component of HDI Yep, GDP per capita is a component. IMHO that is theoretical thing applicable for older times and not applicable for the technologically advanced and connected world of today where a person in a small town also now has access to snapdeal, flipkart etc. I am from long of the view that money is never an impediment for a country like India which is 1/6 th of humanity and has the smartest of planners. We only need to put the planners to work and execute it efficiently. Govts have not been able to it till now.
zen Posted May 21, 2015 Posted May 21, 2015 I am from long of the view that money is never an impediment for a country like India which is 1/6 th of humanity and has the smartest of planners. We only need to put the planners to work and execute it efficiently. Govts have not been able to it till now. In theory, it is possible that money may not be important. But practically is it? To illustrate: Say A has X budget, and B has 10X budget. The goal is to build subsidized accommodation for 10 couples .... The smart planner "A" with his budget limitations builds 2 rooms where one accommodates 10 men and the other 10 women. Men and Women use Men's room and Women's room respectively (unless there is a case of extreme emergency and the room is occupied :P ) .... While "B" with more budget builds 10 small rooms with relevant amenities for the 10 couples Both A and B have come up with a solution, however the merits of their respective solution depends up on their budget
randomGuy Posted May 21, 2015 Posted May 21, 2015 In theory, it is possible that money may not be important. But practically is it? To illustrate: Say A has X budget, and B has 10X budget. The goal is to build subsidized accommodation for 10 couples .... The smart planner "A" with his budget limitations builds 2 rooms where one accommodates 10 men and the other 10 women. Men and Women use Men's room and Women's room respectively (unless there is a case of extreme emergency and the room is occupied :P ) .... While "B" with more budget builds 10 small rooms with relevant amenities for the 10 couples Both A and B have come up with a solution, however the merits of their respective solution depends up on their budget Use economies of scale, use technology, use best practices accepted worldwide, best planners, execute without corruption. Money cant hinder a country like India from empowering its citizens. Corrupt, selfish and incompetent politicians have been the bane of India. Money is just an excuse.
zen Posted May 21, 2015 Posted May 21, 2015 Use economies of scale' date=' technology, use best practices accepted worldwide, best planners, execute without corruption. [i']Many doesn't matter for a country like India to empower its citizens. Corrupt, selfish and incompetent politicians have been the bane of India. Money is just an excuse. Now we will have to go on a new tangent to discuss morals, ethics, etc. .... But there is a saying that more money makes you more noble. Talk the monarchs in Gulf. How noble they have become that their citizens enjoy many benefits ranging from no income tax to free utilities!
randomGuy Posted May 21, 2015 Posted May 21, 2015 Now we will have to go on a new tangent to discuss morals' date=' ethics, etc. .... But there is a saying that more money makes you more noble. Talk the monarchs in Gulf. How noble they have become that their citizens enjoy many benefits ranging from no income tax to free utilities![/quote'] of course one requires netas to be ethical. technology, economies of scale, , best practices accepted worldwide, best planners - all these are tools at your disposal. But if Netas incompetent in general and are disinterested in people's empowerment and r interested in only their own empowerment then these tools are useless.
zen Posted May 21, 2015 Posted May 21, 2015 of course one requires netas to be ethical. technology, economies of scale, , best practices accepted worldwide, best planners - all these are tools at your disposal. But if Netas incompetent in general and are disinterested in people's empowerment and r interested in only their own empowerment then these tools are useless. I agree - honesty is the best policy Please note that economies of scale usually drives the variable cost down. To do that one has to make substantial investment in the first place. For e.g. let's assume that the unit cost to build one house is say 1M. To build 10 houses, the cost would be 10M. Now let's assume for 10 houses, economy of scale would be substantial enough to reduce the unit cost by 10% so 900k per unit for a total cost of 9.0M for 10 homes. Now let's assume that the budget to build the homes in 5M. At this budget, one can only make 5 homes as to take full advantage of the economies of scale (one free home), the budget would need to be stretched to 9M. And at some point dis-economies of scale may also kick in! So it may not be appropriate to throw around terms such as technology, economies of scale, etc. assuming that all those would be substantial no matter what the budget is and as if everything works in a linear way
Yoda-esque Posted May 21, 2015 Posted May 21, 2015 can we catch China in our lifetimes? Give 10 years to Modi
AmreekanDesi Posted May 21, 2015 Posted May 21, 2015 Give 10 years to Modi that's optimistic bro if we can do it by 2030s ill be happy china is way ahead at this point
Invasion 550 Posted May 21, 2015 Posted May 21, 2015 Good news for my indian mates. / Just want to ask why some poster above is celebrating low fertility rates?
zen Posted May 21, 2015 Posted May 21, 2015 In 1990, China's GDP was 1.23 times Ind's (say almost equal for comparison purpose) By 2015, China's GDP is 5 times Ind's Assuming that China's GDP grows at a compounded rate of 7% per year, it will double by 2025. For Ind to catch up with China by 2025, it will probably have to grow at a compounded rate of 25% per year :P Rather than focusing on whole India, it would be nice to see what sectors and regions (or pockets) can accelerate growth, and then focus on those for the next few years to hit a compounded growth rate of over 10%. These sectors and regions can also serve as an engine to drive growth in other regions Focusing on cleanliness, containing pollution, optimizing waste management and lowering crime rates can boost tourism too, which can help to spread a positive message about Ind PS Area around the Taj Mahal vs. cleanliness level at a potential tourist spot (Mogadishu) in country like Somalia
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