An endangered democracy produces GDP growth but is short 200 million jobs.
hmmmm ... income inequality leading to instability w/i a democracy ... sounds familiar. maybe like-minded capitalists should get together and do something about it!
I completely agree with this statement. A large portion of the population does not fully comprehend the situation, and it is all too easy to influence them towards the Hindutva movement, particularly with the prevalence of low-cost internet and social media. I have witnessed an increase in hostility between religious communities and the degradation of democratic principles, all in the name of religion. It is concerning to note that the news channels are now controlled by major corporations, who have established favorable relationships with the government, and they only broadcast information that promotes the Hindutva movement. There is little to no discussion of pressing issues, such as the economy.
Interesting. I went to India the October just before the Pandemic and gave a short presentation to a group of business leaders and educators. If I remember correctly, India had 186,000 graduates that year leave for jobs abroad. Indians are leaving India in droves because of the lack of jobs. Modi was at our conference and he was imploring multinational businesses to expand inside India and attract these grads. Haven't kept up with it recently.
hah! thanks Bram. Yes sounds like India needs C4$I just as much as we do. Ashok did say there are plenty of Indian philanthropists trying to give back but the inertia of the system is very hard to overcome