FB Post of 30-12-2020
The Covid-19 has exposed the weaknesses of capitalism and health-care systems all over the world. The year 2021 will not be economically better than 2020 particularly for India, European and African countries.
In 2020, after 47 years UK left the EU with £660 billion comprehensive free trade deal. Turkey became first country to sign ‘free trade deal” with UK after Brexit. In US Trump lost the election and elected Mr NoWhere (Biden) as the new President.
China, Russia, the Middle East, and Turkey are rising in Asia. Saudi Arbia has surprised the world by announcing the discovery of four “non-conventional” oil wells. Russia has developed new technique of producing vaccines for Covid-19 and HIV. Turkey has discovered huge amount of gas and gold in Agean and Marmara Sea areas.
I am not optimistic about India in 2021 and feeling great sense of tragedy for the economy due to seven years of mis-management and Covid-19 pandemic.
The Indian banks have years of non-performing assets (NPAs) problem and public-sectors are also not looking viable. India-China conflict in border areas are adding to the woes of the Indian economy in 2021. Unfortunately, in diplomacy acceleration in dialogue leads to acceleration of conflict and India has no chance of fruitful dialogue with China in 2021.
We, the Indians must prove to the world that we are one and united for survival of our economy and our country. Our experience has taught us that our strength does not lie in communal riots or damaging Indian culture, but in our united action like #KisanAndolan.
31/12/2020 at 7:47 PM
Sir,
Today’s post specially last para remind me of Ibn Khaldün again.
Ibn Khaldün’s entire Muqaddimah is an elaboration upon advice (in Ibn Khaldün’s word’s kalimät hikamiyya): “eight wise principles of political wisdom.
1. The strength of the sovereign (al-mulk) does not materialize except through the implementation of the Shari’ah…
2. The Shari’ah cannot be implemented except by the sovereign(al-mulk)
3. The state cannot gain strength except through the people.
4. The people cannot be sustained except by wealth.
5. Wealth, cannot be acquired except through development
6. Development can not be attained except through justice.
7. Justice is the criterion (al-mizan) by which God will evaluate mankind, and
8. The State is charged with the responsibility of actualizing justice.
Salam & Happy New Year to you.
31/12/2020 at 8:21 PM
Very sensible post as usual. Last para is a great message to the Govt., to apply justice and rule of law in the society amongst communities to let India prosper. Not to give free hands to politically backed criminals and administration, to disrupt the social harmony.
06/01/2021 at 3:57 PM
Thanks