COMMENT’S ON INDIA’S POLICY OF SOCIALISM
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The concept of socialism is the current theme where it needs to be demystified in a comprehensive and holistic manner. The stupendous success in the alien country fascinated our national leaders to give a critical thinking on it over the course of Independence . The innumerable upheavals that embraced India in its growth trajectory needs more narration for grasping the concept in a lucid way.
The British occupied our India in step-by-step manner through in a Machiavelli way by adopting myriad strategies and tactics, due to this India was subjugated with full length and breadth to the imperialistic force . The colonialism focused mainly on plundering the resources and left the development to the air, due to this various sectors got crippled under its misgovernance. The endemic problems that are inherited from the British rule laid a immense impact on the newly born country . The national leaders of our country acknowledged the persisted situation in the county and the endemic problems that are deeply ingrained in the country ,after witnessing and experiencing all this inherited problems they fascinated towards the “ PLANNING REFORMS”, that was initiated by Joseph Stalin in USSR and the development it attained in a short span by registering double digit growth rate in the world. This successful story of a communist country had thrown the gauntlet against the western countries that are nurtured by the democratic systems and addendum to this at that point of time the democratic countries failed to develop their countries like this.
The India got independence from the British imperialist force and at the stroke of midnight our parliament opted democracy is the best solution for this infant nation to thrive because due to the present of diverse atmosphere they presumed that democracy will bring all the people to participate and take a lead role in decision making process for the development of the country. Our constitutional makers toured extensively round the world and enshrined “SOCIALISM “ in the preamble of our constitution. The Government of India after the independence initiated so many steps with regard to this and strived a lot to stand on what it taught over the course of the independence and in this process it took slew measures for materializing the concept of socialism in real terms by initiating the Industrial policy resolution where it advocated exclusively for the growth of public sector . The All India congress committee annual session that was held at Avadi, in 1955 gave a clarion call for institutionalizing the “SOCIALISTIC PATTERN OF THE DEVELOPMENT ” for the country and in chorus with this it laid specific stress on the Industrial policy resolution of 1956.
The government of the yester years gave a immense impetus to the growth and development of the public sector , but after the 1990’s the table was turned against the India and the concept of socialism had lost its sheen due to the misgovernance, rampant corruption, balance of payment crisis etc that crippled our country. After the 1991,India started integrating with the world economy to avert this crisis by accepting the terms and references of the Bretton wood institutions. The government of India started imbuing a new concept of privatization, liberalizing and globalization in the government sectors . Aftermath drastic changes happened in our growth trajectory where it was eulogized as the second fastest growing country after China, registered third largest economy in terms of purchasing power parity,5th largest economy in the world etc.
The India is endowed with the 2nd population in the world after china, lack of unemployment, endemic poverty in the rural and urban economies, , lack of education etc are pretty large . At this point of context democratic country like India can’t wash off its hands and leave the space to the private sector ,because as a responsible democratic nation it is bound to look after the issues that are dragging our country into quagmire and it should have a patient hearing to the elephant in the room. The socialism in the India is denting its image where the governments are racing against the time in opening the various sectors of the economy for foreign investment and it had succeeded in doing so for a long times . The wedge between the rich and poor is staggering ,rich is becoming the richer and poor is becoming the poorer. The income of the common man is below the national prescribed level where as the rich persons are earning more than others.
The government is showing step-mother attitude towards the social security sector in terms of allocating smidgen funds in alleviating poverty schemes, housing, education, health etc. The government in lust for the development and progress of the country it is taking a plethora of actions that need to be discussed of the parliament but contradicting to it this conventions are thrown to the wind and moving forward ruthlessly. The government is bringing innumerable reforms in synchronous with opening the economy for foreign investment due to this it is disbanding the outmoded laws by bringing new laws to cajole the private players. The government is simplifying the rules and regulations in pursuit of the development of the country.
The India should pursue sanguine approach in pursuit of the socialistic ideals and ethos that are incorporated in the preamble of the constitution , where our founding fathers aspirations should come true in letter and spirit.
-B.DWARAKANADHA REDDYRelated Essays
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