Tuesday, January 23, 2018

There are five major forces threatening India’s growth:

 there are five major forces threatening India’s growth:
  1. Water Crisis: Indian states are already fighting water wars. The water situation in India is approaching unsustainable levels, and water wars with China are not inconceivable since the country’s main water sources are all in China-occupied Tibet.
  2. Environmental Disaster: Delhi is the most polluted city in the world. Bangalore is an environmental basket-case, newly dubbed the city of burning lakes. The city may be uninhabitable by 2025 because of pollution-related water shortages.
  3. Corruption: India has a corrupt justice system and a corrupt law-enforcement system. Vast majorities of people do not have the instruments with which to protect themselves from the friction it creates. As an example, let us say, a family has inheritance battles (many do), however large or small they may be. Let us say, one member of the family forges a will. Try going to court with it. Thirty years will go by without resolution.
  4. Automation: Artificial Intelligence will turn the Indian IT boom into a deflated balloon. All IT work that can be automated will be automated. Millions will lose their jobs.
  5. Sectarian Risk: India was a reasonable successful secular democracy for at least sixty years post-independence. No more. Unrest is boiling

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