Black and White in Indian Economy , Congress proves to be looter of India

The white paper issued by the Modi government compares itself with the UPA regime spanning just ten years. However, understanding the profound exploitation carried out by the Congress since independence doesn't require extensive research or analysis. It becomes evident when comparing the economic growth trajectories of China and India.

China and India had similar economic conditions in the 1960s but chose different paths to development. Throughout this period, Congress and its allies were in power in India, indulging in extensive corruption until the people demanded change.

In 1960, China's per capita GDP was $93, slightly lower was India's $83. Over the decades, china with per capita GDP reaching $318 by 1990, and India's $369. However, by 2001, China's per capita GDP had soared to $1,053 while India lagged at $450. In 2024, China's nominal GDP stands at $13,155, while India trails at $2,612. Comparing this to 2014 data(end of congress rule), China recorded $7,636, and India reported $1,560, as estimated by the World Bank.

During the 1960 to 2014 period, Congress ruled for approximately 42 out of 54 years, discounting the early Nehruvian era (1945-1964). For about 80% of this time, India witnessed minimal growth, relying on residual funds left after the great loot. Initially, India invested in infrastructure, laying the groundwork for economic stability and growth. However, as Congress entrenched itself, it transitioned from architects of progress to plunderers. The bureaucratic structure inherited from the British facilitated this loot, continuing colonial-era practices.

The white paper released by the Modi government merely scratches the surface of Congress's plunder. This period 2004 to 2014 could be dubbed as the 'European rule,' dominated by a single individual of Italian origin, who ascended to power following the tragic deaths of two Gandhi family members – Indira and Rajiv Gandhi. Sanjay Gandhi's demise, though accidental, coincided with Sonia Gandhi's entry into the family fold, marking a curious sequence of events. The decade of Sonia Gandhi's de facto rule, masked by Manmohan Singh, represents a dark chapter in Indian history. Every proud Indian should wonder whether they deserve a leader who couldn't speak his views himself.

India, according to the IMF, is now the fastest-growing economy and ranks fifth in the world. The year 2024 may prove to be the kickoff for the country to achieve even higher growth rates. Today, we are a $3.7 trillion economy, and soon, we may achieve accelerated growth due to the increased capital expenditure by the Indian government and the initiatives promoting Atma Nirbhar Bharat.

keywords- loot and divide,