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 ? "
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10 June 2016
www.hemenparekh.in / blogs
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