Recently I read an article shared by my friend titled “India 2022 : Getting Bigger but not richer”, Every view of the author about this title is very much to the point of providing how badly we are blacked out by social media about our country development in terms of economic ground.
The article compares the overall India’s economic status which centered the attention of media when it surpassed the UK economy, everybody started to celebrate and praise this mighty achievement but on contrary everyone has to understand
“Who is enjoying the benefit of countries economic engine running at its full power and whether every citizen can tap this engine power equally”
The answer to this question is clear No.
Exactly this was the article’s main intent to establish to reader. There are reasons for the author to believe and write this article as his personal view. I am quoting some of his views here to understand better.
- Citizen of India’s income generation opportunity is still less than the low size economic countries like Bangladesh, Indonesia etc
- Almost 90% Citizen of India is poorer than that of the UK’s Citizen.
- UK citizen can spend around 23% more than an Indian.
By above three points, It is very clear that India’s Income vs its individual’s income is not giving the same impression. This is due to the wealth generation capacity is getting concentrated to certain group of people who is already rich but the middle- and low-income class people is not having the same or at least enough opportunity to generate the wealth and spending power in the same phase of that 10% of India’s Citizens.
My intention of writing this blog and the author of that article is same. Just by seeing one side of the story, We should not come to conclusion and believe that we are prospering without any inequality based on a hyped news pouring in media and social media. Because this will make us blind sighted in our long run for a successful country which will benefit every individual in our brighter future.