"Wealth will increasingly be defined by our ability to go offline whenever we want." - Fernando Gros
0 items in your cart
$0
Blog // Travel
January 31, 2006

Some Facts About India To Ponder

A recent BBC World feature brought up some pertinent, but often missed facts about the Indian situation and poverty. First, Indian nationals spend more money every year on gold (for personal consumption and investment) than the total amount of foreign business investment. Second, that less than 3% of employed Indians pay income tax. I highlight […]

A recent BBC World feature brought up some pertinent, but often missed facts about the Indian situation and poverty. First, Indian nationals spend more money every year on gold (for personal consumption and investment) than the total amount of foreign business investment. Second, that less than 3% of employed Indians pay income tax.

I highlight these two insights because many in the West tend to assume (as I did before moving here) that India did not have the means to deal with it’s own poverty. However, I’m no longer sure this is the case. That’s not to say that globalisation is not of benefit to India because it is. Everyday I am seeing the way that foreign investment and increasing international trade are providing opportunies for more and more Indians.

However, there is still a huge divide in this country. But, increasingly this is a divide that India itself should be able to manage from it’s own wealth and resources. If India can develop a new civic mentality to match it’s growing economic gravitas, it will rewrite it’s own agenda with regards to relying on foreign aid. This is something for us in the west to ponder as we consider our own charitable giving.

[tags] India, Aid, Development [/tags]

Responses
abhijit dasgupta 17 years ago

Hi,
I will be grateful if you go through the Gorkana post in this mail and be generous enough to give me some review space. The Gorkana site, as I am sure you are aware, lends some pedigree to listings which is why I hope that you shall not refuse a review opportunity to this unique 10,000-word travel/lifestyle book on India.
Will you be kind enough also to help me with some email/names of the right men/women in the right places ( Travel, Lifestyle) in the UK biggies where I can pitch for reviews? I will send you a copy of the book once get your e-mail ID.
Warmly,
Abhijit Dasgupta
Calcutta
India

Gorkana Alert: Wednesday 12th April 2006

Freelance update – INDIA: TROY’S BOYS . Is India willting under Western pressure?
Abhijit Dasgupta, launch Editor of The Calcutta Times, the city-centric supplement of The Times of India, and freelance journalist has published a short book INDIA: TROY’S BOYS . Is India willting under Western pressure? The book describes the critical influence that the West has had over the huge Asian subcontinent over the last two decades and talks about the changing morality metre of the rich and famous. A must read for those who wish to know more about India and its magic.Incidentally, Abhijit is the first Indian author to write a book in this new 10,000 word, 20 -page genre.

It can be read online at http://www.TodayBooks.com Abhijit can be reached on +091 983 0046 661 and abdasgupta1@gmail.com

Gorkana
_______________________________________________
New London House | 172 Drury Lane | London | WC2B 5QR
T: +44 (0) 20 7074 1233 | F: +44 (0) 20 7074 1201 |

Leave a comment

Enter your and your to join the mailing list.