2035 : Indian engineer
@Bhumihar is running a profitable business.
2036 : Social engineer
@south block becomes Prime Minister and nationalizes
@Bhumihar 's business.
Humanities student : 1
STEM students : 0
Pirablem?
Jokes aside, that is how India works. It never goes full enterprise. It only allows free enterprise to grow in short spurts, only for the government to come back and hijack it later. We only move towards free enterprise, reluctantly, under external force.
Aap chronology samjhiye..
In 1991, India was bankrupt, the West promised to give some $ in exchange for opening up the economy. All the socialist oligarchs whined like it was the worst thing to happen; (It was, but only for the oligarchs). For the people, it was the best thing to happen. For the first time we saw the birth of a thriving middle class which propeled the economy for the next 5 years. That is why every one fondly remembers the 90's because that is the first time ordinary Indians tasted what it means to have surplus.
By the time we touched 1998, the socialists within the Vajpayee administration had bogged down his reforms by supporting Congress-era reservations and subsidies and waivers. The economy started decaying again. Post-Kargil we faced a financial crisis and Vajpayee again went back to the liberalization agenda. Subsidies were trimmed, new highways were built, much to the disliking of socialists even within the BJP. Nonetheless, he did whatever he could before they pulled the chair from underneath him. The next 5 years saw the economic fruits of Vajpayee's reforms. By the time we hit 2008, Manmohan had again taken us back to square one with more reservations and MGNREGA. By 2012, inflation touches 14%.
2015, Modi tries to formalize and open up the economy again (GST, FDI), again the socialists from raise their ugly heads (including RSS farmer unions), accusing Modi of being a corporate sellout. As a result Modi loses a few state elections. Reform agenda is again put in a freezer.
Fast forward to 2020 economy is frozen and socialists are asking..what has Modi done for the economy, accusing him of crony capitalism. In reality, the socialists work extra hard to make sure no reform agenda ever succeeds so that they can blame it on the reforms.
When people become entrepreneurs, they get financial freedom and the socialists cannot control them anymore. When 70% of the country is farmer, the flock remains under their control. Moral of the story is that socialists don't want
@Bhumihar to be an entrepreneur, they want him to be a farmer all his life. This is not just a problem of numbers, fiscal deficit, repo rates etc. It's a problem of mindset.
That's why shameless farmers are roaming around after duping the taxpayer of lakhs of crores of subsidy every year and entrepreneurs are facing this fate :