Humanity Required
First Bangalore ... then Ahmadabad ... the biggest question is why?
Even though this may point to the sad state of affairs, but its no surprise that there are many possible answers - A retaliation to the trust vote a few days ago by the opposition or its allies (as if it didn't bring enough shame to our country already - this week's BusinessWeek US edition has details of the parliament showdown!), a plot by the ruling party or its allies as a run-up to the coming general election, a terrorist outfit trying train new recruits on how to scare people out of their daily life, a psycho on the loose (although I think that anybody who has done this is a psycho) ...
If we look closely at the choice of cities, then we realize that the bomb blasts have happened in high-growth cities and not in high GDP cities in absolute terms like Mumbai and Delhi. The people responsible for the blasts seem to have more knowledge of economics than we would like to believe. According to a study published in Jan 2008 by an economics research firm Indicus Analytics, Bangalore's GDP growth rate over the past seven years has been 10.3% per year (2nd highest in India) and Ahmedabad's has been 10.1% per year (3rd highest in India). This shows that the focus of such terror may be spreading from bigger cities to smaller metros with high growth potential. Clearly, this is an attempt to stall the growth that is being achieved in these cities and in effect the entire country.
The other cities in the high growth list apart from the four big metros are - Hyderabad (7.8%) and Pune (7.4%). I am happy that nothing has happened in these cities and hope that no more blasts take place in any city in India.
I wish that every Indian gains more knowledge of humanity than economics in the years to come.
Edited to Add: According to newspaper reports, cars full of explosives were found in Surat, which is the city with the highest growth rate in India (11.5%) according to research mentioned above. I am glad that no more explosions have taken place and hope that the calm continues ...
Even though this may point to the sad state of affairs, but its no surprise that there are many possible answers - A retaliation to the trust vote a few days ago by the opposition or its allies (as if it didn't bring enough shame to our country already - this week's BusinessWeek US edition has details of the parliament showdown!), a plot by the ruling party or its allies as a run-up to the coming general election, a terrorist outfit trying train new recruits on how to scare people out of their daily life, a psycho on the loose (although I think that anybody who has done this is a psycho) ...
If we look closely at the choice of cities, then we realize that the bomb blasts have happened in high-growth cities and not in high GDP cities in absolute terms like Mumbai and Delhi. The people responsible for the blasts seem to have more knowledge of economics than we would like to believe. According to a study published in Jan 2008 by an economics research firm Indicus Analytics, Bangalore's GDP growth rate over the past seven years has been 10.3% per year (2nd highest in India) and Ahmedabad's has been 10.1% per year (3rd highest in India). This shows that the focus of such terror may be spreading from bigger cities to smaller metros with high growth potential. Clearly, this is an attempt to stall the growth that is being achieved in these cities and in effect the entire country.
The other cities in the high growth list apart from the four big metros are - Hyderabad (7.8%) and Pune (7.4%). I am happy that nothing has happened in these cities and hope that no more blasts take place in any city in India.
I wish that every Indian gains more knowledge of humanity than economics in the years to come.
Edited to Add: According to newspaper reports, cars full of explosives were found in Surat, which is the city with the highest growth rate in India (11.5%) according to research mentioned above. I am glad that no more explosions have taken place and hope that the calm continues ...
posted by Bhuwan | 7:10 PM
5 Comments:
Interesting analysis , no one here thought this way ...ofcourse ppl thought its all in BJP states capitals (from jaipur to Ahemdabad) but no one thought this way.
Everyone thought it was just to create panic when it happened here in Bangalore coz the intensity was of good quality diwali crackers only but then it was bad in Ahemdabad.
thought provoking... if this is what they want to do we will revert back to them by f%^& &** and grow even better....
This seems to be a good analysis and is really thought provoking.
But I hope that's not the agenda and the agenda is just to create some panic. Time will tell...
I agree that the agenda of the blasts was to create panic (and not a huge loss to life and property) ... but, the primary impact of widespread panic is reduction in productivity.
We will have to keep a cool head and get on with our work. All that the terrorists want from us is REACTION, and the only way to elude them from success is to not give them ANY!
Kudos to people in Bangalore, Ahmedabad, Surat and other cities who have gone back to work with confidence.
i agree so completely. that makes much better sense than the ludicrous theories and analysis mucking up the daily newspapers.
thanks to swati for pointing me to this intelligent blog
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