Lee Kuan Yew of Singapore served as PM for 30 years, and was longest serving PM in world and after he became minister and mentor. He is considered as greatest statesman in the world in 20th century. According to even many IAS officers who knows world history, they said Lee kuan Yew was one of the only nation builders in the world along with Kemal Ataturk of Turkey, but Lee shaped Singapore from a very difficult phase and there was problem one after another.
He is considered as the sharpest and one of the most clever leader in world. He knows world insight out and in his book. One man view on world and grand master insight on china, usa and world he said about India...
"India should benchmark itself not just against its own past, but against the best in Asia. And India can take heart from the achievements and performance of Non-Resident Indians (NRI) in free market economies such as the US, UK and even Singapore, where large numbers of NRIs have assumed high corporate positions in multi-national corporations. First of all, I am not comparing Singapore to India. I am comparing the culture and quality of the governance of Singapore to that of India. The values that are expressed by the leaders of a society are independent of the physical size of the society. Values and standards are thus not like physical goods. The value of not tolerating corruption applies with equal force whether the field is large or small.
Re: Grand master insight on china, usa and world lee kuan yew
by sridhar nanagiri on Dec 30, 2014 08:36 PM
Just because India is a few hundred times larger than Singapore does not mean that the determination to not tolerate corruption has to be a few hundred times the determination required in Singapore’s case.
Both India and China have both done much better than most of the world. In the decade from 1994 to 2004, India’s GDP grew two-fold from US$310 billion to US$661 billion. But during the same period, China’s GDP grew three-fold from US$542 billion to US$1,649 billion. In 1984, India’s GDP was about 30% smaller than China’s. A decade later, it was more than 40% smaller and by 2004 it was about 60% smaller. Such a wide disparity is unnecessary. India can and should narrow the gap by embarking on a new round of reforms.
I have been following the shenanigans of the government of India for a few decades.
Re: Re: Grand master insight on china, usa and world lee kuan yew
by sridhar nanagiri on Dec 30, 2014 08:39 PM
Where did China do better? Manufacturing. That is where the foundation of a large economy lies. That is where it makes sense to distinguish between a small state like Singapore and a large ones such as India or China. A small economy of only a few million people can get by with only a services sector. But a large country with a billion people needs to have a correspondingly large manufacturing sector. When I say large, I do not mean that it should employ a large percentage of the people. I mean that the value of the production of the sector should be large. Why? Because manufacturing produces goods and it is the availability of goods that make people non-poor
But India cannot grow into a major economy on services alone Since the industrial revolution, no country has become a major economy without becoming an industrial power. -
Just as China is learning from India to improve its performance in the IT sector, so India must emulate China’s success in attracting FDIs and the jobs they create in manufacturing. It can do this by building infrastructure and educating and raising the skill levels of its workers.
IT is less than 2% of India’s GDP. While services have grown rapidly, the bulk of the growth is from service sectors where wages and productivity are low. Business services, which include software and IT-enabled services, account for only 0.3% of GDP. Only manufacturing can mop up India’s vast pool of unemployed, narrow the urban-rural divide and reduc
Only manufacturing can generate mass employment opportunities. We have many limitations and obstacles like product quality, technology, competition with neighbour China, long term plan.
Now we will take an example of Singapore in 1965. Their unemployment was close to 80% with no factories and any source of employment when they gained independence from Malaysia and it was called Malarian Island. British troops started leaving soon, which left Singapore on the verge of complete economic collapse. They were left with nothing, but one man on a mission to take them out of trouble .. Lee Kuan Yew.
Lee Kuan Yew spent heavily on educating their workforce. Training was an integral part of their post education program to employment, skill development. Since their people were their only natural resources. Then because of all problems going on in Hong Kong, china and India few MNC companies chose Singapore for manufacturing computer chips, switchboards, rubber and electronic items because of 5 things...
1) Lowest tax 2) No interference of communist since they put all of them in jail without trial 3) Trained and skilled job ready workforce in Singapore 4) Cheap labour in Singapore during that time 5) Best Ease of doing business in Singapore, low corruption, improved judicial process and legal property right 6)Treating manufacturing like hospitality
Re: We can do it
by sridhar nanagiri on Dec 30, 2014 08:26 PM
Then Lee Kuan decided Singapore should just not be considered as dumping ground of MNC companies and they needed more than that. So he took gifted civil servants, trained them in crash course in leadership and initiated local campaign to launch Singapore Airlines. During inaugural dinner, lee said from the very start, they had to make a profit right from the word go... So then during those days airlines were functioning under strict guidelines from IATA and IATa even Specified the cold sandwich, no free food on airlines and its size. Lee said we will go with our rules, Singapore resigned from IATA, started serving home made best quality food for free, increase space size and they spent 40% more time in training airline staff including air hostess and employees. When it comes to training and skill development, no country can even come near to singapore. They ran a campaign to lure people as if they are on romantic vacation, giving attention to people, serving with all airhostess talking in english. It made an environment of western efficiency with eastern promise. It looks so happy, but in real air hostess and employees were operating under very strict guidelines as they were fighting for a cause. This was their first step in local business where they showed how governance was done as platform. For many years, singapore airlines was voted as best and won maximum awards because of Lee Kuan YEw strict discipline
Re: Re: We can do it
by sridhar nanagiri on Dec 30, 2014 08:26 PM
Lee then decided, since most of the industrial capital run nation was english speaking, he made english as working language so that their companies can come and gain advantage of trained workforce. Lee then realized later the asian tigers and china was gaining hold in world economy, He ran a campaign of being billingual and multilingual for their citizens which helped them to connect to these countries like china to invite their business to singapore to enter other markets as singapore served as gateway to them in ASEAN. Singapore had billingual people to communicate and lure business from those countries where english was non working language. They integrated culture and made Singapore multicultural place which helped them to invite so many MNC's with its people as their only natural resources. They made meritocracy as the state system means best people for the best jobs, which they kept in government. Today all Singapore government units are making profit, because it has best and most talented people running as leader not just acting as guidance to it. When people come from other countries, there is always a problem. Singapore runs multiple program to integrate them in mainstream. To make it more friendly, they sat down and took all Asian countries weakness and made their strength to attract business.
Make in India definatley will be success. those who are criticizing with negative thought will change there mind in FY 2017. Make in india & India's growth wont happen immediately, its requires minmum 1 yeras plus.
Its the fact that we are losing skilled man power to foreign cos. Almost all the trained manpower goes to the gulf, shipping or to developed countries. How does one expect to work in indian conditions. First there is no security of job, no medical facilities. woeful working conditions, low wages etc. Even in gulf people get 50k for skilled manpower, whereas in india skilled manpower gets an average of Rs 10 k p.m. Even in gulf people get paid leave, accomadation, medical facilities. Abroad it is mandatory to provide decent working conditions which is not present in india. Instead of changing labor laws the govt should take care of skilled manpower, as the private sector does not bother as they human beings is just another machine
this because of job reservations by classifying people on various lines in a so called secular country. start promoting and supporting skilled people and stop strikes and action against demoting non performers..MAKE IN INDIA WILL BE MADE FOR INDIA
Re: lack of skilled labour
by Ram Prasad on Dec 30, 2014 11:21 AM
this is also because a call center employee is paid higher to harass people by phone calls when the skilled labour is paid peanuts
Rationalization of skill development schemes, forming new ministry of skill development was the step taken by Mr. Modi initially and i felt now something good will happen but they slept over it and it look like the Government has forget everything about youth of this country who has voted them into the power.
Govt needs to open more vocational skills colleges and provide incentives for people to join them.
Its great opening more IIT's and IIM's but that alone will not solve the issue here.
Govt needs to encourage people to join trades like electricians, plumbers, mechanics, cooks, hairdressers, carpenters, machine workers, bricklayers etc
Govt also needs to launch ad campaigns in schoools and other places to encourage students to take up trades.
Media and other sources also need to be roped in to help promote the trades amongst common man.
Employers need to be incentivised to upskill their workers to be able to perform varied tasks.
To prove my point further please visit the NSDC(National skill development corporation) persons and they will tell you about the lack of finance they are facing to running even the current schemes forget about the new once. The simple reason i find is that the NSDC is being formed in the UPA era and Mr. Modi may want to shut dow curtain on the corporation just like he did with the Planning Commission.
