Liberalized India Vs Poor India

India as we know is a great country with a great history, our civilization is not newly formed as we have a history which gives proof of our industrialized civilization from the ancient time. Our mythology influences our lives and our culture is a inheritance of value. We may become too contemporary by imitating the west but categorically our values will always remain Indian.

In the above paragraph I have mentioned the good sides of our great country, people, culture, inheritance and of course ancestors and now I feel about writing some of the true facts about the poor India with loose people with loose moral and double-faced characters. Before liberalization India was a country of moderate economy with majority of people living upon agriculture.

News From India

Liberlization started in India in the early 90's when India opened up its trade for the world. Indian then was known as a country of data technology and separate industries came into being and even big multinationals eyed at India as a hot avenue of expansion, business set-up and growth. Whatever can be sold in India, we are a people centric country and there are markets for all and anything. Amid all these developments do we know that our growth and progress is only ours and they are not spread out to every nook and angle of our country. Though we have high ideals and values we are still a country of mass poverty.

Why there is so much inequality?

There is a record which says that 2 billion illegally taken out of India from 1948. Such a immense illegal outflow from India is not only a matter of concern but a matter of shame. Money that illegally flew out of India was as per estimate was approximately one third of the economy amounting to 1.5% of Gdp.

Who are the culprits

Report says inexpressive firms, wealthy individuals and black marketers, corrupt politicians and money launderers are responsible for the illegal outflow of huge money and the main source of such huge money outflow is money laundering through drug trafficking, human trafficking, currency counterfeiting.

Liberalized India Vs Poor India

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