India was Highest economy in the world, and no it's marching towards the same as past, but what we have to maintain..........

Have you ever wondered why ancient India was called Sone ki chidiya (The golden bird)? The answer lies in Angus Maddison’s historical tracking of world’s GDP. India was world’s largest economy in 1 AD with China as number two. According to the calculations by Angus Maddison, from at least the beginning of the common era until the early 19th century, China and India accounted for around half of the global GDP. For much of this period, China and India were independent countries and technological leaders. Until around 1450, China and India were technologically more innovative and advanced than Europe. Both the countries were very well knit with the rest of the globe but both economies went down hill between the early 18th century and the late 20th century. The decline can be attributed to a multitude of factors and events: the industrial revolution in Europe; the formation and expansion of the United States of America; China’s decline during the Ming and Qing dynasties; the impact of British rule on India in the 20th century. In the 20th century, China had to jostle with social unrest and various other social issues under Mao Zedong but China woke up in 1979 and rolled out the process of economic reforms. India experimented with Nehruvian model of socialism for more than 40 years and we finally woke up in 1991 after the financial crisis. How do some nations attain long-term economic growth and an even higher standard of living while others don’t? What determines whether people live in big mansions, slums or footpaths? In the 18th century, Adam Smith pointed to the transformative effects of the division of labour. In the 19th, David Ricardo highlighted the importance of international trade. In the 20th, Michael Porter made the case for industry zones, geographic diversity, physical capital, TRAIning and business strategy. The complex dynamics of wealthy and the under-privileged world cannot be explained by any of these theories.



We may find an answer in John Naisbitt’s theory of evolution. In his book Mega Trend, he has concluded that there are seven waves of evolution, starting from the time human beings left the African Savannah as animal hunters until they stepped into the first virtual reality machine. This process started in 40,000 BC with the language breakthrough (40,000 BC). Wave 2 propelled the agricultural revolution (5000 BC-1500 AD). Wave 3 incubated the industrial revolution (1500-1850). Wave 4 was all about the transport and telecommunication revolution (1850-1940). Wave 5 was the computational and electro-chemical revolution (1940-1975). Wave 6 set the platform for the Network Era (1975-2002). We are currently living in the seventh wave, which started in 2002, and it is all about knowledge and collaboration. Very clearly, India and China led the world until the wave 3 but tide began to turn thereafter. The sixth wave accelerated the process of globalisation leading to convergence of income (profits driven by scale) and technology (knowledge). The emergence of China and India is more accurately described as a return to the position that they had held throughout most of recorded history. Of course, that does not mean that our return will be a smooth and a comfortable ride. Sustainability is in most cases far more a difficult task than the arrival.

So what does India need to do on a consistent basis to ensure that it remains a front-runner in the league of nations? This wave (the second renaissance) is all about interconnectivity; it encourages collaboration amongst capital, knowledge and talent. We are at the dawn of a new industrial order and are leaving behind a world in which scale, efficiency, and replication were everything. Resource allocation worked fine for the old world, but we need something more, and quite different. The wave 7 is based not on resource allocation but on resource attraction — a crucial distinction. India has had a very deep-rooted ‘resource–allocation’ orientation (remember the famous Five Year Plans) that has not only limited our growth but also impeded the collaboration among various constituents of our society. India, despite all the recent economic advances and a GDP growth rate that is hovering around the 9% mark, still has almost 58% of the total population involved in agriculture. Sadly, while the manufacturing sector is recording a robust 12% growth, the highly populated agricultural sector is languishing at less than 4% growth. Sample this: India is the second largest producer of fruits and vegetables in the world and the country accounts for 10% of the world’s fruit production but approximately 43% of the production is wasted because of lack of cold storage facilities and energy infrastructure. Food processing is a key priority area for India and it is only recently that the private sector has started looking at the sector. Just about 1.3% of fruits and vegetables get processed in India as against 80% in the US, 70% in France, 80% in Malaysia and 30% in Thailand. Sub-optimal growth of food processing can be attributed to the vicious circle of high unit cost, low demand, low capacity utilisation and outdated technology. We do not see clear blue water between the farmers and the industry. Savour this: India leads in IT but its cold storage infrastructure was built way back in mid-’60s mainly for potatoes and potato seeds. It is about time for big corporations to come forward and make futuristic investments (collaboration) in India. There is a large pool of entrepreneurs who are willing to partner with big corporations. The collaboration between the Biggies and the small entrepreneurs and the farmers so far has been transactional and not strategic. But what do these entrepreneurs and farmers need? It is really simple: they need a conducive business environment, sensible regulations, basic infrastructure services, short- and long-term funding at reasonable rates, equity and venture capital, advisory assistance and market knowledge. Large corporations need to abandon the tightly knit safety net of resource allocation and replace it with one of ‘corporate philanthropy or stewardship’. This is where big corporations need to encourage entrepreneurship (Remember, stewards conserve, entrepreneurs create). Ultimately, if we are able to foster such a spirit and create an environment that enables collaboration, the days when we were regarded as a ‘Soone ki chidiya’ will soon be back. (The author is ED, Indivision (Future Capital Holdings). Views are personal

ये जो देस हैं तेरा, स्वदेस हैं तेरा!!

ये जो देस हैं तेरा, स्वदेस हैं तेरा, तुझे हैं पुकारा
ये वो बंधन हैं, जो कभी टूट नही सकता
मिट्टी की हैं जो खुशबू, तू कैसे भूलाएगा
तू चाहे कही जाए, तू लौट के आएगा
नई नई राहोंमें, दबी दबी आहोंमें
खोए खोए दिल से तेरे, कोई ये कहेगा
ये जो देस हैं तेरा, स्वदेस हैं तेरा,तुझे हैं पुकारा
तुझ से जिंदगी हैं ये कह रही
सब तो पा लिया, अब हैं क्या कमीं
यूँ तो सारे सुख हैं बरसे, पर दूर तू हैं अपने घर से
आ लौट चल तू अब दीवाने
जहा कोई तो तुझे अपना माने
आवाज दे तुझे बुलाने वो ही देस
ये पल हैं वो ही जिस में हैं छूपी, पूरी एक सदी, सारी जिंदगी
तू ना पूछ रास्तें में, काहे आए हैं इस तरह दोराहे
तू ही तो हैं राह जो सुझाए
तू ही तो हैं अब जो ये बताए
जाए तो किस दिशा में जाए वो ही देस

Appeasing Soft Song "Sundar Shravan Aala"- by Padmaja Phenani-Joglekar

Click the link:

http://www.esnips.com/doc/41882e01-0058-4b9a-b0a3-3eb1472fa468/Sunder-Sajira--Shravan-Aala

Appeasing Videohttp

http://www.dailymotion.com/video/x1f2ni_ravi-shankar-for-george-h%20...

See What was India at 1835

Click the PHOTO it will maximise and read:

"See What was India at 1835 "

Jago Bharat ke Nav-Javano jago!!

Proud to be an INDIAN

This is written by a Pakistani journalist.......Capital suggestion By Dr Farrukh Saleem12/9/2007
Here's what is happening in India :

The two Ambani brothers can buy 100 percent of every company listed on the Karachi Stock Exchange (KSE) and would still be left with $30 billion to spare. The four richest Indians can buy up all goods and services produced over a year by 169 million Pakistanis and still be left with $60 billion to spare. The four richest Indians are now richer than the forty richest Chinese. In November, Bombay Stock Exchange's benchmark Sensex flirted with 20,000 points. As a consequence, Mukesh Ambani's Reliance Industries became a $100 billion company (the entire KSE is capitalized at $65 billion). Mukesh owns 48 percent of Reliance. In November, comes Neeta's birthday. Neeta turned f orty-four three weeks ago. Look what she got from her husband as her birthday present: A si! xty-million dollar jet with a custom fitted master bedroom, bathroom with mood lighting, a sky bar, entertainment cabins, satellite television, wireless communication and a separate cabin with game consoles. Neeta is Mukesh Ambani's wife, and Mukesh is not India 's richest but t he second richest. Mukesh is now building his new home, Residence Antillia (after a mythical, phantom island somewhere in the Atlantic Ocean ). At a cost of $1 billion this would be the most expensive home on the face of the planet.

At 173 meters tall Mukesh's new family residence, for a family of six, will be the equivalent of a 60-storeyed building. The first six floors are reserved for parking. The seventh floor is for car servicing and maintenance. The eighth floor houses a mini-theatre. Then there's a health club, a gym and a swimming pool. Two floors are reserved for Ambani family's ! guests. Four flo ors above the guest floors are family floors all with a superb view of the Arabian Sea . On top of everything are three helipads. A staff of 600 is expected to care for the family and their family home. In 2004, India became the 3rd most attractive foreign direct investment destination. Pakistan wasn't even in the top 25 countries. In 2004, the United Nations, the representative body of 192 sovereign member states, had requested the Election Commission of India to assist the UN in the holding elections in Al Jumhuriyah al Iraqiyah and Dowlat-e Eslami-ye Afghanestan. Why the Ele! ction Commission of India and not the Election Commission of Pakistan ?

After all, Islamabad is closer to Kabul than is Delhi . Imagine,

• 12 percent of all American scientists are of Indian origin;
• 38 percent of doctors in America are Indian;
• 36 percent of NASA scientists are Indians;
• 34 percent of Microsoft employees are Indians; and
• 28 percent of IBM employees are Indians.

For the record:

• Sabeer Bhatia created and founded Hotmail.
• Sun Microsystems was founded by Vinod Khosla.
• The Intel Pentium processor, that runs 90 percent of all computers, was fathered by Vinod Dham.
• Rajiv Gupta co-invented Hewlett Packard's! E-speak project.
• Four out of ten Silicon Valley start-ups are run by Indians. Bollywood produces 800 movies per year and s ix Indian ladies have won Miss Universe/Miss World titles over the past 10 years.

For the record:
Azim Premji, the richest Muslim entrepreneur on the face of the planet, was born in Bombay and now lives in Bangalore.

India now has more than three dozen billionaires; Pakistan has none (not a single dollar billionaire). The other amazing aspect is the rapid pace at which India is creating wealth.

In 2002, Dhirubhai Ambani, Mukesh and Anil Ambani's father, left his two sons a fortune worth $2.8 billion. In 2007, their combined wealth stood at $94 billion. On 29 October 2007, as a result of the stock market rally and the appreciation of the Indian rupee, Mukesh became the richest person in the world, with net worth climbing to US$63.2 billion (Bill Gates, the richest American, stands at around $56 billion).

Indians and Pakistan! is have the same Y-chromosome haplogroup. We have the same genetic sequence and the same genetic marker (namely: M124). We have the sam e DNA molecule, the same DNA sequence. Our culture, our traditions and our cuisine are all the same. We watch the same movies and sing the same songs. What is it that Indians have and we don't?INDIANS ELECT THEIR LEADERSand here we are .......who keep cursing Indian democracy and deploring the situation!!!!!!!!!

The writer is an Islamabad-based freelance columnist.

Email: farrukh15@hotmail.comSimple fact being :" who ever instead of working for their own development spend their time in pitting others never develop and destroy themselves instead ".for you attract bad by thinking of bad all the time even if its for others.