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India''s jobless recovery


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DM WAGH
jobless growth
by DM WAGH on Nov 14, 2004 04:13 PM

I do not agree with author.India is having large potential of increasing jobs but unfortunately we do not have vision.We always compare ourself with western developed countries actually we should compare ourself with our eastern side countries like japan,singapore,Korea & now china .What is applicable for developed country will never be applicable to country like India.Unfortunately all economist or Management graduates are influenced by american & european authors & try to force these ideas in india.
There is one sector which is altogether ignored by our economist ,industrialist, & politicians & that is shipping.We have long sea coast,huge manpower unfortunately ship building & ship repair is almost zero.In India we think shipping means passenger ships.All our eastern side countries developed because of shipping.Here we require goverment policy to help industry.Stupidly we are developing China by sending Iron ore so they can supply finished product to india . even our ships goes there to get repaired & in future we will get ships made in china.This is worst than Britishers done to India. There is high time we should open our eyes.but here is no vision & no mision.

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