Even the wealthy nations face economic crunch
There exist Five Economies in India, of course, not officially recognized.
1. The Fifth World India Economy, of the displaced & marginalized ryot, that started emerging during the benevolent Firangi Raj, and grew at accelerated rate, now, during Swa-Raj. It survives by recycling the waste / effluence left by the elite.
2. The Fourth World India Economy, of the aborigine tribes, which started in ancient times and continues; it has been disturbed by the governments.
3. The Third World India Economy, of the agrarian society in rural India. It has been self-sustaining until colonized by Industrialization. Now it is in chaos.
4. The First World India Economy, which rules the Nation. It is internationally recognized. It is also visible in the countrywide chaos in equality.
5. The Gray Zone Economy, which is variously called: Black Money, secret accounts in foreign banks, scams and frauds, extortion, etc.
What is the rate of Rupee in each of these five Indian Economies?
Before answering this question, let us remember that currency, any currency, has no tangible value.
J. K. Galbraith (one of India's rare or very few friends) described India's society at the start in one of his essays (Ambassador's journal: a personal account of the Kennedy years): there is a horizontal line that divides the society. There are a very few above the line, and a large mass of people below it.
The rupee symbol '₹’ is a graphic representation of Galbraith's words which documents the shameful and drastic inequality and injustice.
A 'Vastu' expert opined, the horizontal line on Devanagari letter ' र ' is inauspicious to India. The Experts fumble!
Alas! None thinks of the 'Centralized Power' is a basic feature of Civilized Society since its birth 5K years ago, also called 'Urban Revolution', which has also proved to be inauspicious to 'Land, Waters and Life' on the Earth!!
(30-06-2013)
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1. The Fifth World India Economy, of the displaced & marginalized ryot, that started emerging during the benevolent Firangi Raj, and grew at accelerated rate, now, during Swa-Raj. It survives by recycling the waste / effluence left by the elite.
2. The Fourth World India Economy, of the aborigine tribes, which started in ancient times and continues; it has been disturbed by the governments.
3. The Third World India Economy, of the agrarian society in rural India. It has been self-sustaining until colonized by Industrialization. Now it is in chaos.
4. The First World India Economy, which rules the Nation. It is internationally recognized. It is also visible in the countrywide chaos in equality.
5. The Gray Zone Economy, which is variously called: Black Money, secret accounts in foreign banks, scams and frauds, extortion, etc.
What is the rate of Rupee in each of these five Indian Economies?
Before answering this question, let us remember that currency, any currency, has no tangible value.
J. K. Galbraith (one of India's rare or very few friends) described India's society at the start in one of his essays (Ambassador's journal: a personal account of the Kennedy years): there is a horizontal line that divides the society. There are a very few above the line, and a large mass of people below it.
The rupee symbol '₹’ is a graphic representation of Galbraith's words which documents the shameful and drastic inequality and injustice.
A 'Vastu' expert opined, the horizontal line on Devanagari letter ' र ' is inauspicious to India. The Experts fumble!
Alas! None thinks of the 'Centralized Power' is a basic feature of Civilized Society since its birth 5K years ago, also called 'Urban Revolution', which has also proved to be inauspicious to 'Land, Waters and Life' on the Earth!!
(30-06-2013)
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©Remigius de Souza, all rights reserved.
You have simplified it. (in a nutshell).
ReplyDeleteThe gray zone economy is most attractive right now .
Pattuji, thanks for visit and comment. You may share this post, as the facility is open.
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