‘Curtail wasteful consumption’

Published: 15th July 2013 07:34 AM  |   Last Updated: 15th July 2013 07:34 AM   |  A+A-

Stating that an attempt to ape the American model of consumerism and living standards would be unsustainable for a country like India, veteran journalist and writer, B G Verghese, on Saturday called for curtailing wasteful private consumption.

Delivering a special address at the inauguration of the diamond jubilee celebrations of the Triplicane Cultural Academy here, Verghese said a number of experts, including Amartya Sen, have articulated that the Gross Domestic Product (GDP) is not the only real indicator of a nation’s growth. The Blue Riband Commission, in fact, suggested that a human welfare index be devised that would take into account a number of factors, including health and education.

Verghese said, while the demographic dividend of India was being highly talked about, this wouldn’t be dividend at all unless jobs for the youth are created correspondingly.

Calling coalition politics a ‘natural progression’, he mocked the rise of regional parties and coalition politics that betrayed the lack of understanding of the nation’s dynamics.

“The phenomenon (coalition politics) will take 20 to 30 years more to spend itself out before a natural process of social aggregation will lay the basis for the rise of a few dominant political parties once more,” he said.

Earlier, inaugurating the celebrations, Chairman of MSSRF, M S Swaminathan, said that the academy has done great service in enriching not just the locality it represented, but also the city life as a whole.

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