IPR Dead, Industry ICU, Services-Trade Poor, Agriculture Primitive
December14, 2014 (C) Ravinder Singh ravinderinvent@gmail.com
Indian Economists from Manmohan Singh to Raghuram Rajan are like Witch
Doctors who believe some alien Ghost has invaded the Indian body -
don’t believe in X-Ray, ECG, Blood Test, and Medicines and Surgery of
Indian Economy but would blame Foreign Ghosts – China, Japan, Middle
East, EU for all our problems.
Witch Doctors of Indian Economy painted gloomy picture of the world
when Global Wealth Growth was highest from $243 trillion to $263
trillion for this year.
Economists in the Developed Countries are Worried about IPR,
Environment, FDI, Employment, Wages, Trade Balance, Exchange Rate
adding up to their Wealth.
Indian Witch Doctors are happy with Growth Rate, Growth Of Bank
Deposits, Inflation and Investments but none of Developed Countries
Priorities > Ignore Wealth Creation.
In World GDP of $76 trillion 2013 foreign trade accounted for $38
trillion, IPR blood contribution was $20 trillion. Global Wealth By
Region for 2013 & 2014 in $T are
Global Africa Asia-Pacific China Europe India L. America N. America
2013 243.134 2.664 48.096 20.689 77.051 3.640 9.124 81.870
2014 263.242 2.831 49.489 21.404 85.200 3.604 9.113 91.240
IPR Dead - Technology in IPR is lifeblood of all economies Rich or
Poor but our Witch Doctors believe Indian Economy run without Patents
and Intellectual Property. In current World GDP of $76 Trillion –
value of IPR is $20 Trillion.
Just like human blood IPR Is Constantly Replaced By New IPR Blood or
Patents Filings have grown at record pace – so its important that
India Create IPR on its own or let in Foreign IPR. But crippling India
Patent Office through which Real IPR enters Indian economy is blocked
and deficient or fake IPR makes Indian Economy – Unhealthy,
Inefficient & Uncompetitive.
Industry in ICU – Witch Doctors didn’t tell us Indian Industry is
declining when Manufacturing Fell 7.6% when GDP is projected to grow
at 5% or 6% therefore share of Manufacturing shall decline to 13% by
year end and that Foreign Companies in India are all doing well
expanding market share by introducing new Advanced Products & Latest
Technologies.
India continues to PUMP MONEY in to Dead Manufacturing & Industry.
Services -Trade Poor – Foreign Trade volume are enormous $38 trillion,
in this Developed countries export high tech manufactured goods Poorer
countries like India export Raw Materials. To buy an Apple iPhone,
India sell 10 Tones of Iron Ore or 1 tone of Steel or 1 tone of
Basmati Rice or 1 tone of Fish etc. Railways, Roads, Infa, Logistics
Health Care & Education are all in poor shape, Homes are built in 5-8
years.
Agriculture Primitive – Main role of 800m Farmers is own 500m farm
animals, plant seeds and harvest crops and hand it over to some Trader
– farming in India remains primitive. Farmers Can’t Store, Process,
Market Their Produce Due to Various Restrictions. Per Capita Median
Farmers’ Income is not even $200 annually.
Ravinder Singh, Inventor & Consultant, INNOVATIVE TECHNOLOGIES AND PROJECTS
Y-77, Hauz Khas, New Delhi-110016, India. Ph; 091- 9718280435, 9650421857
December14, 2014 (C) Ravinder Singh ravinderinvent@gmail.com
Indian Economists from Manmohan Singh to Raghuram Rajan are like Witch
Doctors who believe some alien Ghost has invaded the Indian body -
don’t believe in X-Ray, ECG, Blood Test, and Medicines and Surgery of
Indian Economy but would blame Foreign Ghosts – China, Japan, Middle
East, EU for all our problems.
Witch Doctors of Indian Economy painted gloomy picture of the world
when Global Wealth Growth was highest from $243 trillion to $263
trillion for this year.
Economists in the Developed Countries are Worried about IPR,
Environment, FDI, Employment, Wages, Trade Balance, Exchange Rate
adding up to their Wealth.
Indian Witch Doctors are happy with Growth Rate, Growth Of Bank
Deposits, Inflation and Investments but none of Developed Countries
Priorities > Ignore Wealth Creation.
In World GDP of $76 trillion 2013 foreign trade accounted for $38
trillion, IPR blood contribution was $20 trillion. Global Wealth By
Region for 2013 & 2014 in $T are
Global Africa Asia-Pacific China Europe India L. America N. America
2013 243.134 2.664 48.096 20.689 77.051 3.640 9.124 81.870
2014 263.242 2.831 49.489 21.404 85.200 3.604 9.113 91.240
IPR Dead - Technology in IPR is lifeblood of all economies Rich or
Poor but our Witch Doctors believe Indian Economy run without Patents
and Intellectual Property. In current World GDP of $76 Trillion –
value of IPR is $20 Trillion.
Just like human blood IPR Is Constantly Replaced By New IPR Blood or
Patents Filings have grown at record pace – so its important that
India Create IPR on its own or let in Foreign IPR. But crippling India
Patent Office through which Real IPR enters Indian economy is blocked
and deficient or fake IPR makes Indian Economy – Unhealthy,
Inefficient & Uncompetitive.
Industry in ICU – Witch Doctors didn’t tell us Indian Industry is
declining when Manufacturing Fell 7.6% when GDP is projected to grow
at 5% or 6% therefore share of Manufacturing shall decline to 13% by
year end and that Foreign Companies in India are all doing well
expanding market share by introducing new Advanced Products & Latest
Technologies.
India continues to PUMP MONEY in to Dead Manufacturing & Industry.
Services -Trade Poor – Foreign Trade volume are enormous $38 trillion,
in this Developed countries export high tech manufactured goods Poorer
countries like India export Raw Materials. To buy an Apple iPhone,
India sell 10 Tones of Iron Ore or 1 tone of Steel or 1 tone of
Basmati Rice or 1 tone of Fish etc. Railways, Roads, Infa, Logistics
Health Care & Education are all in poor shape, Homes are built in 5-8
years.
Agriculture Primitive – Main role of 800m Farmers is own 500m farm
animals, plant seeds and harvest crops and hand it over to some Trader
– farming in India remains primitive. Farmers Can’t Store, Process,
Market Their Produce Due to Various Restrictions. Per Capita Median
Farmers’ Income is not even $200 annually.
Ravinder Singh, Inventor & Consultant, INNOVATIVE TECHNOLOGIES AND PROJECTS
Y-77, Hauz Khas, New Delhi-110016, India. Ph; 091- 9718280435, 9650421857
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