THE QUESTION :
Speaking
at the launch of a book "World 2050" in Mumbai on 09 June 2016 ,
Reserve Bank Governor Raghuram Rajan said :
"
The technological progress is making the middle class anxious about job
security globally.
The
emerging threat is it's not the guy in Bengaluru but the robot next door who's
going to take your job
There's
*
flexible manufacturing,
*
big data,
*
connectivity, and
*
robotics
which are
changing the entire landscape, wherein only professionals in the hi-tech sector
or those lower down like security guards are feeling secure, while leaving the
middle class anxious.
There's
a sense that middle class jobs are disappearing either because
of technology or globalization and as a result, something
has to be done.
Nobody
knows what, but the populists have the answer," he said, adding this
results in attitudes like keeping out immigrants and also technology.
Increasingly,
the debate is moving to emerging markets, where there is a worry, perhaps
industrial countries will get right this time and perhaps won’t need us to
produce stuff.
What happens
if all these robots, flexible manufacturing, 3d printers... They no longer need
mass production that was ladder to growth in emerging markets.... What happens
to countries like Vietnam, India and Africa if the ladder for steady growth is
removed ? ”
This is a
QUESTION rather than a STATEMENT, something we have to think about when
we are looking forward 35 years,” he added.
THE
ANSWER ( but certainly , not "
Populist ) :
My blog dt : 9 September 2015
China
is known as the " Factory " of the World
India
is known as the " Back Office " of the World
Can
India become the " Back Factory " of the World ?
Wrong
question !
Right
question is : WHEN can we become the " Back Factory " of the World ?
Answer
is " hiding in plain sight " !
This week
, an astronaut , sitting in a satellite 400 km above the earth and hurtling
through space at 16,000 km per hour , operated a robot on the earth
Earlier
, scientists sitting in NASA space centre or in Shri Harikota space centre , have
operated Mars Rovers / MOM ( Mars Orbital Mission ) remotely
From a
distance of millions of miles
And
soon , astronauts will be sending emails to earthlings from millions of
miles away , using " Space Internet " on their Mobile phones
Invariably
, each such team of scientists , comprised Indians !
So ,
WHEN can our scientists - and software Start Ups - enable Indian workers ,
sitting in Hyderabad / Chennai etc , to operate / manipulate , machinery in
factories of Europe / America / China ?
I
believe this can become a reality by 2020 , if Central Government and
State Governments , just get out of the way of our scientists / Start Ups and
leave them alone !
Then
tell them :
"
You are our next generation of Freedom Fighters . Free our millions from
poverty
/ starvation / jobless depression / ignominy / suicides
Like
war - ravaged people of North Africa , Indians cannot invade Europe / Australia
/ Canada , in search of jobs / better life
We
depend upon you to bring the jobs to India - jobs such as ,
* Operating Machinery in Factories abroad
* Controlling Air Traffic at Airports around the World
* Operating upon patients in Hospitals , all over
* Teaching students in Schools , in remote Africa
* Any job that currently requires immediate presence of a worker
And , if you set up a "
Back Factory " , you don't need to pay Corporate Income Tax for next 10
years !
Simply
register on web site of Income Tax Department as a " Back Factory "
owner and file annual " Zero Corporate Tax Return "
When
this happens ,
>
Millions of skilled Indian workers will operate factories around the World ,
sitting in , internet connected " Back Factories " in small Indian
towns
>
Foxcon will not need to replace its high-wage Chinese workers with one
million robots ( as officially announced sometime back )
At half the wages of those Chinese workers , Indians will operate Foxcon
factories , all over the World , remotely !
>
" Contract Labour Act " will need to be replaced with " Back
Factory " Act
>
" Minimum Wages Act " will need to be scrapped !
>
India will not need to fight with WTO on " Manpower / Service
Exports "
>
" Make in India " will morph into " Make from
India "
I hope
NDA Ministers and members of NITI Aayog will ask , Narayan Murthy / Sam Pitroda
/ Azim Premji / Sundar Pichai / Satya Nadela / Ray Kurzweil etc :
"
How soon can this be done ? How can you help ? "
------------------------------------------------------------------------------
10 June 2016
www.hemenparekh.in / blogs
hemen
parekh
Marol
, Mumbai , India
( M
) +91 - 98,67,55,08,08
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