Introduction
We, as a nation, have a dream,
vision and goal of all encompassing sustainable development which fulfil all citizens’
social, economic and political and cultural needs and expectations. Our leaders of freedom struggle had a dream, founding
fathers of our constitution had a vision and before current political
leadership there is a set goal, what is common among all is nothing but our
bright future-a developed India. What should be done is topic of debate and
discussion in political landscape with different inputs by bureaucrats, economists,
businessmen, social scientists, philosopher, common man and others. The 18th
and 19th centuries are witness of industrial revolution based on technology
innovation which brought rapid growth and gave impetus to overall development
of some European countries, Japan, US and others. Thus that era was related
economic and techno-nationalism or chauvinism at extreme. Though we know in
that era the rapid development in colonial powers depended on other factors
like colonialism and imperialism. Now the similar zeal and efforts are needed
for India to be developed. The economic independency and prosperity
supplemented and complemented by technology advancement and prowess. The intellectuals
have consensus that both are needed but differ in the extent and emphasis of
economic pursuance and technology advancement.
What is economic patriotism and why it is required for
bright future?
The love for one’s country through
showing respect, trust, confidence and likings for national economy, its structure,
its functions and produce. Is economic-patriotism is demand for this time only,
does not it required normally as a duty by country’s citizen. Our economy is
not going through very good time in terms of trade, stability, capital
investment etc. The broadening current account deficit showing that we are more
dependent on foreign goods like Chinese dumping practices and exports than
local goods which is major economic concern. The inflation causing interest
rate high, consequentially low economic growth due to low capital investments. We
are welcoming foreign capital and investment to fill the gap created by lack of
local investment. The recent ‘make in India’ slogan is showing the unquenchable
thrust for foreign direct investment. That is why a demand of patriotism is
showcased by intellectuals to Indians so that they save to invest, purchase local
manufactured good, and do more efforts to curb inflation. Inflation can be speculator,
aided by black marketing and hoarding in which citizens have major role to play
to check such inflationary practices. The vision of Indian government of
financial inclusion can only be realised by citizen’s initiative filled by love
for country with trust in banking infrastructure.
Why techno-nationalism?
Though the spirit related to nationalism have been changing in
content and context historically. But, at large, it is severe and more intense
than patriotism at any time. This is directing, attached with technology,
towards technological revolution or atleast radical innovation in techno arena.
The role of technocrats, scientists should be energetic, robust and vigorous. The
contribution of ISRO in world space market, automobile and other manufacturing
sector to reap the benefit of demographic dividend by providing and absorbing
blue collar workers. The FMCG sector has vast potential and large market which
can make ‘Make in India’ vision realised. The government plans and schemes like
NIMZ, SEZ, NANO cities, Industrial corridors and Smart City concept, all are
waiting techno-nationalism.
How both are interrelated?
The economy with a ride on advanced
technology will be promise to bright future and prosperity. Without technological
innovation, less efficient way of growth will cause natural resources exploitation
and consequently all development will be unsustainable. To compete with other
advanced nations of the world ,we need international standards in technology.