SOCIALISM- A DISTANT DREAM

                       
                           

                      Currently, India is racing on to the third spot in global economic powers, behind U.S and China. But, 64years from independence, where do we stand now? Its true, India has grown and developed rapidly, mostly after the introduction of liberalization, privatisation and globalisation. Thats the beautiful aspect of seeing things. But, India has another face, a face with a big scar.
             After the independence, India had opted for a mixed economy, adopting the better traits of both capitalism and socialism. As time went on, India has moved closer and closer to a capitalistic economy.  As a result, the GDP and National Income of the economy has improved rapidly. The economists will be really happy with those figures. But, crores are suffering from, and dying of poverty in this country. The percentage might have varied over the years, but the number has risen steadily. Corporate powers like Tata and Ambanis are growing leaps and bounds, finding themselves place in the list of the wealthiest in the world. On the other hand, crores of people are battling with life, to find at least a meal a day, struggling with poverty and unemployment. The population explotion has made things worse. On one side, Govt is giving the corporates subsidies, tax holidays, incentives etc, and on the other, the price of necessities are rising steadily, pushing the common man to further disarray.
             Socialism has been a mere promise, just words in the Constitution. If the changing Govts had given any value to it, there would have been a much better balanced economic growth. I can't understand why the Govt doesn't increase taxes like wealth tax, corporate tax, etc, atleast in the case of major corporate concerns, and excluding the growing concerns, and adopt much more welfare for the actual needed. I know that equality in its literal sense is next to impossible, but still we must strive for balanced economic growth. Even if India comes ahead of Japan to reach the third spot in Global Economic Powers, we won't be able to be happy, because, even then, crores will be crying out for survival.