One of the
biggest ongoing debates of 21st century is which continent would
carry the day and emerge out as the most powerful and robust one at the end. Though
most of you would say that Asia is the one which is going to lead the future
but I believe that the topic of the debate itself is wrong. In this age of
belligerence and singularity no one can even think that a continent would move
up taking all the nations together and hence it is all actually about “a nation”
rather than being about a continent and according to me “China” holds the key
to the future.
United
States of America and Japan have seen their best days, are currently undergoing
their good days but the recent declines in their mammoth economies and the
downfall in their overall global positions clearly signify that these two big
giants of the world are no longer the ones who can emerge out as “The Great” at
the end of 21st century and more or less the whole western world is
going through the same condition. Talking about Asia, there is a competition
between India and China (not a tough one) in the terms of growth, economy and
power. Though both the nations have extreme prowess, great work power (owning
to their huge population), and great space for development but surely the
management in both the nations is different and in that terms, talking about
current circumstance China is far too better than India.
In the year
1987 China had a GDP of 270.4 billion USD while India had a GDP of 283.9
billion USD but if we look on the contemporary measures then China is having a
GDP of 9.24 billion USD and India ends up at 1.877 trillion USD. From the year
1987, both the nations had same things, same condition but still China underwent
such a huge growth while India didn’t. Why?
The answer
to the aforementioned question lies in two important things. The first is fear.
China follows a policy of communism which India follows a policy of democracy.
In China a growth failure or decline can even lead to death of the communist
party there but in India economy’s decline can do nothing rather than making
you rest for five years and hence politicians, bureaucrats etc. hardly tried to
reform the nation in the fields of manufacturing, development etc. besides
having such a huge workforce, potency for development. By this I don’t that
communism is better than democracy but surely in Chin, Communism has left the
government there with only two choices “Do or Die” and hence China has really
matured into a great economy of the world.
China has
not only improved in terms of economy but it has reformed in all sectors,
national security, healthcare etc. but the growth in these sectors too is a
result of Chinese economic growth and Chinese economic growth is nothing but manifestation
of its manufacturing sector.
China
realized it pretty earlier that western nations have technology but not
workforce and China has workforce but not technology, so China innovatively
combined the two things together and the product is “Made in China”. Even the
gadget with which you would be reading this post would have been most probably
made in China. China reformed its manufacturing sector pretty well. Where in India
there are so much hindrances, red tapes to do business, on the other hand in
China business has been made pretty well and that’s the reason why world’s
biggest corporate companies want to make in China. China is giving them cheap
labour force and companies are really enjoying it. This leads to a mutual
benefit for both. People in China are getting huge employment opportunities
while companies are getting their work done at a much lower price. Due to
decreasing rate of unemployment more and more Chinese people are coming out of
poverty line (actually not by taking poverty line down) and all in all the
whole nation is progressing up.
Though Mr.
Modi has also proposed this type of strategy but because China has been using
it since 1987, it has already set its steps in the area and it would be pretty
difficult to beat it up and hence China appears to be the sole winner of the
century but still India too carries a lot of potential. India today too has a
great and huge workforce craving for work. We need to do the same today what
China did years back and results would surely be great. Let’s see if our system
is able to do it or not.
JAI HIND, JAI BHARAT
JAI MA BHARTI
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