By:Marion M.

By:Marion M.

1990-Present Day

India’s Cultural Revolution

Before the RevolutionPre 1991

Before the RevolutionPre 1991

Barely functioning services

Government denied business requests

Low wages Success=going overseas Best educated Indians

left India Job for life Women depend on

family/husband for money

Barely functioning services

Government denied business requests

Low wages Success=going overseas Best educated Indians

left India Job for life Women depend on

family/husband for money

60%

Of college graduates found jobs

Economic Revolution Economic

Revolution 2005 83,000 millionaires 1.2 mill “well-off”

households 40 million households

making $4-10,000 10% annual increase

2005 83,000 millionaires 1.2 mill “well-off”

households 40 million households

making $4-10,000 10% annual increase

•Greater opportunity for college graduates

•Don’t have to worry about college graduates

•Individuals and government bringing in more money

True Story: Stawan KadepurkarTrue Story: Stawan Kadepurkar

Electronic Engineer ($1,500)

2 yrs later- infosys ($5,000)

$20,000 $40,000 Story is the norm,

nothing rare Buy car, house

Electronic Engineer ($1,500)

2 yrs later- infosys ($5,000)

$20,000 $40,000 Story is the norm,

nothing rare Buy car, house“Colleagues are getting more and more ambitious in terms of what they want to do in life”

“When we were in college, I don’t think anyone dreamed that we would be doing it so early in life”

Shift in CultureShift in Culture

Different world than their parents and older siblings

Land of prosperity & opportunity

Modern, up-to-date

Different world than their parents and older siblings

Land of prosperity & opportunity

Modern, up-to-date

India Joining Global EconomyIndia Joining Global Economy

•Outsourcing

•Participating in global economy-$$$

•Customs shifting/transforming

•No isolation

Outsourcing:Outsourcing: •Technology companies-3 million jobs

•Work for American companies in India

•Keep global economy running smoothly

“People who are taking away American jobs are been 1/10 of what Americans are paid, but have fantastic living standards in India”

“Outsourcing has shown we can compete in the world and win said Mr. Nilekani, CEO of Infosys”

The Bad and the GoodThe Bad and the GoodTHE US: Taking away

American jobs Taking away

consumer’s trustINDIA: Low wages

THE US: Taking away

American jobs Taking away

consumer’s trustINDIA: Low wages

THE US: Helps American companies

Low wages Efficiency

Western influence and consumption spurs demand

US exporting way of life

INDIA: Creating more jobs and

better lives Indians are demanding

more Staying/moving back to

India

THE US: Helps American companies

Low wages Efficiency

Western influence and consumption spurs demand

US exporting way of life

INDIA: Creating more jobs and

better lives Indians are demanding

more Staying/moving back to

India

Women in IndiaWomen in India

•Experiencing greatest changes

•Working more

•Marrying later in life

Nina Sharma famous among

Indian women

Lower Class Left OutLower Class Left Out•Rural and Urban poor waiting for change

•Social/Political tensions

•Villages waiting for change-70% population Lives

•No electricity, running water

•Separated from New India

•Not enough jobs

Poverty Levels and ProblemsPoverty Levels and Problems

The majority of Indians are poor

Don’t attend college Don’t have the same

opportunities

Millions of poor Indians have become more stable

Shacks/tiny houses

The majority of Indians are poor

Don’t attend college Don’t have the same

opportunities

Millions of poor Indians have become more stable

Shacks/tiny houses

Daily Income in India

Less than $1

Less than $2

15%

Of students reach high-school

60%

Graduate

“First-time visitors find the poverty in Dharavi as appalling as foreigners found the sight of America’s underclass, broadcast worldwide when Hurricane Katrina flooded New Orleans”

“The frustrating thing is that whatever you rightly say about India, the opposite is also true”

“Living in what seems an era different from that of their own countrymen in Bangalore”

Remaining Problems:Remaining Problems:

Problems are masked High child mortality rates Caste based

discrimination Religious strife Birth of females Can’t let go of traditions Early marriage Dowry murders Infrastructure

Problems are masked High child mortality rates Caste based

discrimination Religious strife Birth of females Can’t let go of traditions Early marriage Dowry murders Infrastructure

New Infrastructure:New Infrastructure:

•Lack of transportation between villages and cities

•Food spoiled before reaching markets

•Government is spending more and more money to fix this

•Highways, roads, and airports are being built

•Connect factories to farms

Predictions for the FuturePredictions for the Future

By 2030…•Most populous nation

•World’s third largest economy

•Largest workforce in world 68% of citizens at working age

•Major population dividend By 2050•1.6 billion people

Population dividend could pose a threat if govt. doesn’t…•Create more jobs (crucial)

•Modernize infrastructure

•Reform economy

•Connect with world economy

•Master politics of the poor-make up most votes

•New factories

•MUST PULL MILLIONS OUT OF POVERTY

Works CitedWorks Cited

Meredith, Robyn. The Elephant and the Dragon. The Rise of India and China and What it Means for All of Us. New York: W.W. Norton & Company, Inc, 2008.

Meredith, Robyn. The Elephant and the Dragon. The Rise of India and China and What it Means for All of Us. New York: W.W. Norton & Company, Inc, 2008.