The Muslim community can contribute a lot to accelerating GDP in India. Modi 2.0 has a clear goal to raise Indian GDP to $5 trillion by 2024. Further, Piyush Goyal, in his interim budget speech, categorically stated an aim to be a $10 trillion economy by 2032. BJP manifesto for Lok Sabha election 2019, also, has echoed the same with a roadmap and reform plans. So, India can be the 4th largest economy in the world by 2024. It needs accelerating Indian GDP growth rate by 2 to 3 percent. Now the question is how the Muslim community can contribute to accelerating GDP India?
Economic facts about the Muslim community
It is a well-known fact that the per capita income of the Muslim community in India is much lesser than the national average. A national survey based on the 2001 census revealed two major reasons.
1. High population growth
2. Poor participation of women in earning
Despite the fact that Muslims are more urbanized than the Hindus, per capita income of the community remains lower than the national average. The reason behind is that the community members are engaged in lower-income jobs. We see, only a few Muslims in top jobs. As Hamid Ansari, the then Vice-President of India told that only 3 percent of Muslims are working as directors or CEOs of top Indian corporations. We, hardly, find Muslims among top industrialists. Azim Premji may be an exception.
The Muslim population has poor education, by and large. Most of them are engaged in traditional craftsmanship or in a labor-intensive job. These are the major causes of their poverty. Hence, the community is contributing less to GDP India compared to the population. There is a need for the economic upliftment of the Muslim community in order to accelerate GDP growth in India.
Narendra Modi on the Muslim community
Convener, Jaipur division
Prabhari, West Bengal,
Narendra Modi Vichar Manch