Govindacharya makes pitch for an alternative economic model

As India’s economy is going through one of its toughest phases, various economists have over the last two months vented their opinions on it.

CHENNAI: As India’s economy is going through one of its toughest phases, various economists have over the last two months vented their opinions on it. In an attempt to discuss and find an alternative economic system, members of the India Art Movement and the Centre for Advanced Analysis and Strategies organised a workshop in the city on Thursday.

Various personalities from civil servants to jurists to professors to economists participated in the discussion which was moderated by veteran RSS leader K N Govindacharya.

Speaking on the occasion, Govindacharya said that the world had developed more rapidly in the last 500 years than it did in the 2000 years that preceded it, “Technology has been developing by leaps and bounds over the last 500 years. That is why we have so much progress. With these changes our civilisation has also changed simultaneously,” he explained.

Govindacharya said in India and other colonial countries, the British rule had ruined their economies. But, he said in these last few years, there were many instances of poor lives being sacrificed for the betterment of the few rich. “In India 50 per cent of children are still malnourished and in all countries including India, the top one per cent owns more than 80 per cent of the wealth. We have to develop a system where these statistics don’t continue,” he said.

Related Stories

No stories found.
The New Indian Express
www.newindianexpress.com