In other words
Would “make in India” revolution make India prosperous?
Living with old thoughts and theories will lead us to dead end of progress. Which really make our surrounding uninhabitable not by industrial pollution but by our orthodox way of thinking.
Industrial revolution was more than two century old concept.
You may be flabbergasted by knowing that against global GDP of US$74.31 trillion in nominal terms. In 2013 the global financial transactions are to the tune of US$1000 trillion.
If you think GDP is the real measurement of wealth or production or consumption I politely suggest just read next paragraph.
Out of all the financial transactions if you consider transaction charges in one form or other by way of bank charge of various type (if you had transacted any international transaction you know how much it costs to you)
Again take on account, currency exchange (buying and selling price difference).
Now consider various taxes levied in every financial transaction like
Stamp duty, registration fee, LBT value addition tax, income tax (deducted prorate) excise, custom, so on so for
Just consider average 8% of the transaction. The figure of this goes to 80 trillion which is more than the global GDP in 2013
Now see the question with another perspective.
Had globally you felt any which thing in short supply today? Is in any mall anywhere in the world has emptier shelf then filled shelf.
Had the go-downs and distribution centres globally reached upon the efficiency level of Japan’s 0 inventory. India could not able to store its grain produced by farmers and purchased by government corporations (Food Corporation of India) in current era.
Take an example
When I lived in a village there is one shop stocked the entire item our family (including all other families of village) requires; in utmost fresh and best condition.
Almost everyone knows each other and their needs taken care profitably by the happy shop keeper.
Credit is not an issue you send the message through any passerby and material delivered to the home with good chat upon issue ranging weather to festival to global politics (without any asking about bill or credit card) (which is what the super euphoria of successful life when you do not see the right side of menu in so called Industrial revolution)
Now we entered free market economy I had choice to buy from anyone out of other 20 shops or one mall or one departmental store. Every one keeping plus one brand then the other, plus one packing sizes, plus various discount, promotion schemes with enticing adverts.
For just my one unit need now I had 40 plus items waiting to be purchased by me. But I only consume one unit.
So by this example you may understand us already producing and stocking several time of actual demand every conceivable product invented so far.
The global population of consumer took almost 300 day to produce in their plant one consumer with only eligible female population of 1800 million at the higher end; who could not produce more then three in their lifetime (average)
While in that period our already established industry could produce from single plant lakhs of cars; imagine about other petty things how much they could be produced.
Inhabitable or habitable is just underestimating the power of biological evolution process of nature and our process of thinking and responding to our ecosystem.
Even in Chernobyl 550 person living today
Scenario: More than 94% of population dream to own one big product of Industrial revolution; work whole life for it (either via EMI route or through saving route)
Less than one percent of population via remaining 6 percent of crowd engulf the entire life’s savings (earning) through one minute’s production (output of Industrial revolution) (say car/ home etc)
And this is the real pollution of brains of dreamers of small things for whole life. (The 6 percent of crowd may change their trophies of Industrial revolution every now and then but not the 94%)
If consumers growing at the rate of less than 2% (human birth rate) than anything greater than this rate simply create unbalanced stress in respective ecosystem and is fundamentally unsustainable. World Population Clock: 7.3 Billion People (2015