June26, 2018 (C) Ravinder Singh email@example.com
Times have changed completely. Of the 90% of the opposition which pulled down Indira Gandhi in 1975-77 is behind Congress today – supported Manmohan Singh through 2004-2014 two terms. But it is unfortunate Rahul Gandhi, Congress President who aspires to be Prime Minister of India go in hiding for days when Congress comes under attack and blamed for all the mess in India. My focus is mainly on economic policies of 1975.
Nehru-Indira era many times more Tractors were made in 1975 than cars. Around Delhi there were Escorts, Ford, Eicher, HMT, and in South International, Ferguson Tractor Factories, many more had License like David Brown but no resources.
In 1975 an IAS Officer was paid Rs.700/- basic pay but Textile or Organized workers were paid Rs.7,000 per month. Except Reputed Companies and Multinationals workers are paid about Rs.5,000 per month, IAS get 20 times more plus Housing & Cars and perks.
1975 Economic Policy was of Self Reliance, Importing Food for People under PL 480 was considered morally wrong – Opposition would oppose all imports.
2018 Indian IMPORTS EXCEED $500b – including FOODS – Pulses & Oils.
L&T was building Power Equipment, BHEL Boilers and Power Plants, ABB Turbines and Hydro Power, Railway Coaches, Philips Electronics, Lighting, IBM Computers, India was building own Nuclear Reactors, Kirloskar was making Diesel Engines, 1000s of Large & Small dams, Canals had already been built. Indian Railways was backbone of Goods and Passenger Transport – IR was Switching from Steam to Diesel and to Electric Locos all built in India. Steel Tubes, Wires, B&W Television Sets were made. High Yield seeds were introduced in 1966 and Green Revolution was underway, IITs existed for over two decades. Healthcare, Education was 95% in Government control. Coal, Steel, Cement, Sugar and Metals were Large Scale industries. Tata was building Trucks, Operating Hotels, making Steel and so many Industrial goods and Chemicals. India had NESTLE, LEVERS, COCA COLA & IBM & 1000 more Foreign Companies–210 MW Unit Size Thermal Power Plants were introduced – 500 MW Unit size was being developed by BHEL.
Banks were nationalized and served PRIORITY sector Farmers, Industry and Government Projects. There was Planned Investment in all regions – Refineries and Fertilizer factories were build across India as an example. When Bhakra Dam was built in 1965, Hirakud in Orissa, Ukai in Gujarat, Koyna in Maharashtra, Idduki in Kerala, Rihand in UP, thousands were also built all over India. LPG supply was already introduced before 1974.
Nasbandi in India was Opposed in 1975 – China introduced SINGLE Child policy. Indian population could have been limited to 60 crores may exceed 180 crore in 2050.
After 1975 India Lost Development Focus – Didn’t Support Core Industries.
Ravinder Singh, Inventor & Consultant, INNOVATIVE TECHNOLOGIES AND PROJECTS
Y-77, Hauz Khas, ND -110016, India. Ph: 091- 8826415770, 9871056471, 9650421857
Ravinder Singh* is a WIPO awarded inventor specializing in Power, Transportation,
Smart Cities, Water, Energy Saving, Agriculture, Manufacturing, Technologies and Projects