Saturday, 12 March 2011

Nandan Nilekani's ideas for India's future

Ideas that have arrived - Following 6 factors have contributed to India's growth
1)The rise of human asset:
demographic dividend in aging world
2)The rise of entrepreneur:
entrepreneur contribute to society
3)English Language
4)Technology:
8 million mobile phone is sold per month. 90% of user use pre-paid phone and out of them 40% are recharge for 20 cents.
5)Globalization:
Indian started to understand that globalization is something they can participate in.
6)Deepening of democracy

Ideas in progress - factors that are accepted but not yet implemented
1) primary education:
50% of urban kids go to private schools because government schools do not function.
2) Infrastructure:
20 years ago, political statement says "food, clothings and shelters". Today political slogan is "electricity, water, and rods"
3) cities
4) single market:
India should be considered as a single market. Internal globalization is as important as external globalization

Ideas in conflict - factors that we argued about
1) political ideologies (such as caste)
2) Labor reform:
93% of Indian labor is in unorganized sectors. There are no benefits, no social securities, no pensions, no healthcare. We need to implement the labor law.
3) higher education:
higher education is regulated strictly and it is difficult to set up private university. It is hard for foreign universities to come to India.

Ideas in anticipation
1) E-governance
2) Health
3) Pension & entitlements
4) Environment
5) Energy

We need to think of above matters about India because this is matters of a billion people, which represents sixth of entire world population.


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