INDIA JETISSONS 2011, ALL SET FOR BIG GROWTH

Erle Frayne D. Argonza

Gracious day to you fellow global citizens! Special goodwill greetings to the people of India!

The year 2011 just kicked off with a good start for Asia, today’s indubitable growth driver of the global economy. From macro-economic fundamentals to micro-innovations, things are heading for another great year of bountiful growth and future prosperity for Asians.

India, known in ancient times as Bharat, is no exception to the Asian trends. Its income grew by double digit the past year, its macro-economic fundamentals are reclining on the positive side, and so external observers like me have reason to infer a very optimistic year of performance for modern Bharat.

Not only is India growing with sufficient prudence domestically, but even on the international terrain the Bharat ‘emerging market’ has done well. India’s enterprise moguls have sustained the patterns of expansion in overseas investments, which is laudable.

Just recently, the news bannered the gladdening reportorial about investments moving to Africa. As this is happening, the tie up between Tata Group and Siemens for producing the Nano car (priced at $2,000) and a diversity of machines and tools is now in the pipeline, with joint ventures expected to permeate Brazil, China, and other ‘emerging markets’.

So far so good! Well, the social sectors of Bharat may have a different opinion, such as the rural food producers who still number the greatest in the population, so they are entitled to their perceptions. And, the women who for millennia have been subjugated in yokes of patriarchalism, they too must feedback their advocacies about greater economic and social freedoms for women.

As to the market players, they have already advanced their reservations about the move to tap through their private communications networks (e.g. bug them, in search for possible money salting overseas or racketeering, and so on…). They have aired their concern about possible abuse of their privacy, a move that is short of installing a fascist tyranny in India.

India has been an exemplary democracy in Asia and the world, so there really should be no apprehension about the moves there to monitor money laundering and related criminal activities via covert tapping of communications lines and channels. However, there are fundamentalist groups in the power structure there, so there is some reason to be bothered about possible abuse of such intelligence discretions by right-wing Establishment groups.

One wish I’d like to share for Bharat’s people is that they should avoid advancing materially at the expense of their spiritual growth. India’s greatest wealth, as I observe it, is its spiritual wealth. It would prove very tragic if not catastrophic if Indians will eventually drop off their spiritual practices, such as going the Yogic Path, in order to metamorphose completely into a materially prosperous federation.

I remember that couples of years back I said the same thing about Nepal. I just couldn’t believe that Nepalese regard themselves as a poor nation, when in fact their spiritual wealth remains intact. Such a perception could lead to a win/lose situation, whereby Nepalese would prosper materially by throwing away eventually their spiritual wealth, and that for me will prove catastrophic as it bodes a Dark Age for the future materially wealthy nation.

It would be best for India and south Asian nations to prosper in an integrative way, by synthesizing material progress and spiritual wellbeing. That compass would lead to a new experience of win/win situation, where both techno-economic progress and spiritual growth would go hand-in-hand.

That represents a daunting challenge for India and its people. For those persons and groups in India who resonate with my thesis, they are already assured of my moral and spiritual support—me being a spiritual guru here in Manila/Philippines. Should they invite me to their cyberspace forums, sure I will join them and be a process observer of these tech-savvy scions of Rama.

For the Indians of today, cheers! Namaste!

[Philippines, 17 January 2011]

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