Saturday, May 16, 2015

Indian economy at the Sea Shore

Indian economy at the Sea Shore

50 fishermen were working for nearly 3 hours for catching fish at the Kovalam beach near Tiruvanthpuram. A boat went deep into the sea to put the net into the water very early in the morning. And 50 fishermen were pulling the net for nearly two hours to earn their bread and butter. It was not only an act of pulling but smart pulling, maintaining harmony and synchronizing with the tidal waves. A captain, two assistants and remaining others try their fate every morning.

Today was a bad day for them as the catch was only 10-12 kg; one big butter fish and small others. It was auctioned on the spot. A trader was waiting, offered Rs.1500, and after negotiations, the deal was finalized at Rs. 2000. Each fisherman will receive Rs. 40, for enjoying a morning tea with little snacks. Nothing is left for the lunch and dinner of their families. They have to search for another labour during the day.

The trader, an entrepreneur, taking liability of selling the fish to the demand area in the mar will get Rs. 3000 out of it. A net profit of Rs. 1000 for buying them in a minute.

This is the contrast of Indian economy, where the labourers get small share for working hard for hours and the entrepreneur earn the big cake working for a minute. The previous is called labourer and the later is called smart entrepreneur. This is the reason of economic disparities. The cake is not being shared proportionately and honestly. Forming a society of trust amongst the fishermen and selling the catch directly in the market could have added another Rs. 1000 in their basket, raising their income by 50%. 

But the gunas act. The labourers though work hard but govern by Tamas guna, don't ready to act further for adding skill of trading. The trader full of Rajas guna, look at the profit and better quality of life for his family takes risk and earn more.  

For us as third party, both are Indians but to note that the share of natural wealth divided between them unevenly. 

16 May 2015


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