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Comments by "" (@anshuraj4277) on "Why Raghuram Rajan says world can’t let India follow China, climate change u0026 globalisation" video.
Services are more value adding
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He is absolutely right
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@person1858 Manufacturing has higher carbon footprint and lower quality of jobs It's an obvious fact He didn't say shut down manufacturing Just to focus on services
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@person1858 No one says don't do manufacturing If u are fan of low wage poor jobs vs high wage service jobs Good for u Just know World isn't gonna open it's markets for India.. Like it did for China Go checkout percentage of Service in our GDP
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@person1858 If u r talking of manufacturing of things like Semiconductor and other high manufacturing Am with u But if u think world is gonna open to cheap goods from India... U r deluded This not to say... We shouldn't encourage it But taxpayer money should go toward something that produces high quality life and high wealth not manufacturing that can honestly now be done by robots As for FTA... Indian focus is always on services in negotiations specially migration
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@person1858 And the life in low wage manufacturing is way worse than call centre New kinds of service jobs are needed U can't grow on the backs of exploiting ur own people for long Look. At what brings money in India
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@person1858 How about Wait for it Actually investing in education Instead of giving tax breaks to billionaires The point of economy is to make lives of people better
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@person1858 It is actually possible to invest in quality education States like Delhi and Kerala have done it Stop accepting Faliure as inevitable Nobody said India shouldn't manufacture Just that it is not going China I can put my money on it It's simply not happening
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Service produces much better quality jobs
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But service is Indian strength
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