Monday, January 6, 2025

India's smarter strategy for development (personal views)

Intellects make up no more than 20% of the population in any country, as far as I can gather. Using the intellect efficiently thrusts development. Here, countries with huge populations have an advantage; countries, especially India, can gain from this advantage and make progress very quickly. Efficient use of the 20% or more of the intellectual population for any country is a must. Countries such as China, the United States, Russia, and India have an advantage over smaller, less populous countries. Small European countries have a significant population disadvantage; India's 20% intellectual population is equivalent to the total population of three or four European countries or more. For example, Singapore, despite its tiny population, has 20% or more persons with intellectual strength useful for high skills; the remaining percentage are ordinary people. Similarly, European countries efficiently use their 20% intellectual population, allowing them to advance. Holding this 20% of the population and making them highly competent, doing something more sophisticated than the rest of the world, will boost the exports of India. Countries like the United States. Russia, China, and Singapore successfully use their 20% or more intellects, resulting in strong exports and a healthy economy. Using 20% or more of our intellectual population to create more advanced goods can only boost our exports; this is the only way to make our currency strong in comparison to other currencies.