Asymmetry in the Indian Economy !!

The imbalances in the growth story of an economy is asymmetry. Both Mr. Mathew Cherian and Muralidharan have presented their ideas in a scholarly way. They forced me to go through different portals to provide my view, because I dont have much knowledge in both the areas of Economics and maths. What I could derive from the content I just read, the overreactions to the economic reactions is one of the major contributing factor to Asymmetry in an Economy. There are too many theories on the causes for this. I conclude as a layman that the adhoc counter measures and poor policy making are the two important contributing factors for the asymmetry in our economy. I will be thankful if Mr. Cherian and Muralidharan correct me.

Asymmetries  in our Economy.

There is a theorem by the one  of  the only few women Professors of fame in Mathematics, Professor Emma Bonners Noether, which states ‘in any continued symmetry there is an underlying invariant structure’. This is translated into plain commonsensical language as any symmetry seen in nature has an underlying ‘structure’. Conservation of energy is an example, where one cannot create or destroy energy but can only change one form of it to another.

In a similar vein we can say that any continued asymmetry has a time varying structure underneath it meaning there is unstable-processes creating those asymmetries. Like the Indian environment we see malnutrition, illiteracy, prejudices, poverty, cumbersome and dysfunctional economic infrastructure, delayed and troubled transport system, lack of welfare, unhygienic healthcare, lack of infrastructure in education, high infant mortality rate, low life expectancy, dysfunctional products and services etc; etc;.

Applying the above theorem to our environment we can conclude that we follow unstable policies in our Economic structure which is causing all the asymmetries.