All about dependence

When will Kashmir be financially Independent?

ECONOMY BY NAVEED QAZI

Indian Policies never allowed  Kashmir to be a major  player in Infrastructure planning and liberalization. HR is the most gifted asset to any emerging super economy. It needs sister sources like Education in finance, economics, technocracy, politics which our modest and beautiful Valley have always been deprived of. The Article 370 is the biggest flaw and blow to our Valley. Leaders have a bigger role to play if they want to bring a revolution. On the contrary, it has been a disappointment. Every elected leader fails to fulfill his or her promise. Kashmir produces a variety of fruits, vegetables and grains, yet 40% of them rot because there is no or little advanced cold chain, processing and packaging service available, thereby depriving people of thousands of jobs.
 In Kashmir, if economy gradually changes from agriculture to low end manufacturing to high end manufacturing, growth in this conventional and contrived manner will change the fate of Kashmir forever. Indian Agriculture Sector produces just 20% of the national income. Thus it is clear that tertiary sectors are the soul of economic growth. “Privatization is the best answer to economic growth”. But our so called “Special Constitution” drafted by pack of subnormal intelligent people would never allow to alter the legal philosophy.
 Most of those supporters of Sheikh, unfortunately, are completely ignorant of our socio-political history and base their beliefs on propaganda and cultural confusion.
 Kashmir has the least privatized industrial sectors in India. What makes this a part of India’s subjugation policy towards Kashmir is the fact that this has been achieved by a consistent policy aimed at achieving a financial and economic dependence on India. For example JK Cements Ltd: Kashmir’s only profit making PSU has been one of the most ripe concerns up for prospective privatization which has been denied due to the effect it would have on Indian control over Kashmir’s economic resources.. J&K Bank Ltd: There is a large hue and cry around the country about JKB’s stocks touching record highs. And most of the stocks are taken by India!
 Human Resource Development can never be achieved in a land or a nation where basic human rights are denied and don’t even exist on paper. How can we expect to develop our human resources when our youth are deliberately overshadowed, ill-treated and discriminated against in recruitment, education and self sustenance? Is there anything Kashmiris can do about this within the ambit of India subjugation and control? No! That is why all Kashmiris talk about politics. It is not that we are not aware of these issues but all these issues are directly linked to our political subjugation.
 Our literacy level is directly related to the impediments we face due to the absence of human rights. Kashmir is surviving because of self sustainable local businesses -thanks to rich cultural and historic heritage of Kashmir. Only 6% of people in Kashmir are employed in government services. There has been an increasing trend of Kashmiris migrating or hunting for jobs in Gulf, America, Canada and UK. Recently a local channel stated that Kashmiris now do carpet and paper mashi business in Rome and Helsinki! Kashmiris are the richest non-resident groups in India followed by Guajaratis. Indian statistics won’t reveal that Kashmir has huge reserves of granite, slate, marble, iron ore and sapphires which are literally being allowed to rot due to their attitude towards privatization.
 One of the most significant regulatory burdens in India is labour regulation which provides disincentive to grow businesses, reduces flexibility in operations and increases exit costs. India still lags far behind in terms of GDP or human development. A research study by an international company stated that companies regularly find administrative compliances, complex taxation, poor infrastructure in developing and emerging cities and corruption considerable. The result is that India pays more to rivals to produce, distribute and export goods. If we compare areas and cities of Kashmir with Indian emerging cities, we stand absolutely nowhere! It’s a alarming situation we are facing right now. But the greatest Irony is that the Indian laws are only for the protection of labourers in an organized sector. But on the contrary, some Kashmiri people usually work on low wages, find no work, and get involved in brawls due to unfavorable atmosphere in various parts of India. Some modest Kashmiris also face terrorism charges. Many students who want to pursue higher education in India are deprived of admission due to their birth place. Some recruiters crack jokes, “You were born in a wrong place”.
 No matter how many false dreams are aired on public television or how many new economic packages are being allotted to Kashmir on paper, the fact is that Kashmiris are not a part of their own economy by design. They cannot create more jobs, more assets and more revenue generating units to the fullest of their capabilities because they are not involved in their own economy. Their own Banks don’t belong to them. Their profit making PSU belong to the Government of India. Their hospitals depend on Central grants for upkeep and infrastructural development. Our best schools are managed and controlled by missionaries who have absolutely no interest in the bigger picture of Kashmiris becoming self-reliant and prospering in life.

Lastupdate on : Tue, 19 Feb 2008 21:30:00 Mecca time
Lastupdate on : Tue, 19 Feb 2008 18:30:00 GMT
Lastupdate on : Wed, 20 Feb 2008 00:00:00 IST


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