Well it has been a long journey, 6 years and on, and with each new year new glories being reached, new laurels being acquired. Oh Yes! I am talking about our very own, the department’s very own, Young Economist Students’ Meet (YESM). The 6th year since its inception and this is where we stand today. Boy O’ Boy. The brainchild of the department is coming of age. And if you are thinking that I will be giving you complex and rhetorical economic theories on industrialization and other-so-very-important-theories, you might have just jumped the gun.
“Investing for the future: Education and Development” (YESM 2011) and “Rethinking Capitalism”(YESM 2012), I witnessed only these two editions but I was told by my seniors that the previous editions were as good as the ones which I witnessed. It was in September 2010 when I first came to know about YESM, our present PG-2 batch were the organisers of the event, then came YESM 2012 where I was actively involved in many processes. And look at where I am standing now, the Convenor of the Meet this time around, with lots of responsibilities dangling on my shoulders.
“Reviewing India’s Industrialization: Problems and Prospects”, our broad theme for YESM this year, and well, the theme may seem simple but trust me a lot of trees had to be burnt in the process of selecting the theme.
Max Frisch had shot an arrow,
“The technologist was the final guise of the white missionary, industrialization the last gospel of a dying race and living standards a substitute for a purpose in living.”
Without delving into whether the technologist was the final guise or whether living standards was the substitute, which might call for some controversy, I agree to what Max Frisch had said about industrialization, yes, it is perhaps the last gospel that is in hand.
To quote Wikipedia, “Industrialisation (or industrialization) is the period of social and economic change that transforms a human group from an agrarian society into an industrial one. It is a part of a wider modernisation process, where social change and economic development are closely related with technological innovation”, and yes I have quoted Wikipedia, so what?!
If you've read recent economic reports about India , you might think...