alt Hacker NewsLol "unique identity" just for 2 states is left political propaganda. Don't fall for it. Every state (for that matter, most districts) in India is unique and none are unique because there's so much in common. Depending on how you look at it.
Coming to main topic, much of West doesn't have fiscal runway. But your point about getting old before getting rich is valid. But it is not all bad news.
IMHO one of main challenges for a democracy like India is, planning just about anything that involves land, capital takes just as long as in, say, US or UK due to lots of consensus building, "activism" delays, lawsuits etc. And by the time the thing is built - be it airports, roads, sewage pipes or water treatment etc., the population is far far higher. And it turns out inadequate almost like back to square 1.
Now THAT problem will reduce or go away. You take 20 years to debate a new garbage disposal facility and overcome NIMBY brigades? no issues! The population stays same when you stop arguing and get it done.
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That problem won't go away because India is not at 80 - 95% urbanized like the west. There are still ~50% in villages, who will continue to migrate to cities.
The problem is India only has a few metros. India should be building 100+ new cities and rapidly urbanize. Cities are engines of growth. The slow migration from villages to legacy metros amplifies the infrastructure problems.
> Lol "unique identity" just for 2 states is left political propaganda. Don't fall for it. Every state (for that matter, most districts) in India is unique and none are unique because there's so much in common. Depending on how you look at it.
Err...My point being that it's not like Biharis who move to West Bengal and Tamil Nadu are welcomed with open arms. West Bengal itself is a masterclass in what happens when you dont industrialise and implement birth control policies.
> Coming to main topic, much of West doesn't have fiscal runway. But your point about getting old before getting rich is valid. But it is not all bad news.
If USA's quality of life reduces people can still expect to live better lives than they do in India.
>IMHO one of main challenges for a democracy like India is, planning just about anything that involves land, capital takes just as long as in, say, US or UK due to lots of consensus building, "activism" delays, lawsuits etc. And by the time the thing is built - be it airports, roads, sewage pipes or water treatment etc., the population is far far higher. And it turns out inadequate almost like back to square 1.
Do you think China and Singapore just build like that? If you do you're kinda wrong. A LOT of time is put into planning and gaining consensus. Yes, the means aren't the same as India or USA, but Singapore for instance regularly holds ground level consultation with many people from different walks of life. Strong manning things leads to worse outcomes and both China and Singapore know this and only exercise it when absolutely necessary. The real issue is competent leadership. In most parts of the world only the most undesirable enter politics. It seems like the take away Indians and Americans have at looking at Singapore and China is StrongMan=Good without realising that it was a democracy that placed man on the moon, invented computing and more. The success of China and Singapore is predicated on their leadership and excellent civil service.