Thursday, January 6, 2022

Should India think of something similar to "common prosperity" strategy of China's Xi Jinping? Discuss.

DISCUSSIONS - PT's IAS ACADEMY

Topic for 06th January 2022

Xi Jinping is pushing the idea of "common prosperity", and changing the way Chinese economy works. Should India think of something similar, given the massive socio-economic disparities? Discuss.


शी जिनपिंग "साझा समृद्धि" के विचार को आगे बढ़ा रहे हैं, और चीनी अर्थव्यवस्था के काम करने के तरीके को बदल रहे हैं। भारी सामाजिक-आर्थिक विषमताओं को देखते हुए क्या भारत को भी कुछ ऐसा ही सोचना चाहिए? चर्चा करें।


China has had a nice long run of capitalistic progress. Today, the leadership is cautiously reworking its economic structure, given the massive disparities that have crept in. And that, when China's per capita income is $10,000 approx. India, with still higher disparities, should think carefully about what it intends to do. What do you think?


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