The history of Sindh, a province in present-day Pakistan, is replete with the tragic events of ethnic cleansing and religious persecution of the Hindu community. The land of Sindh has a rich cultural and historical heritage, with a diverse population comprising of Hindus, Muslims, Christians, and other communities. However, in recent times, the systematic genocide of the Hindu community in Sindh has been a cause of concern for human rights activists and organizations around the world.
The Hindu community in Sindh has faced persecution and discrimination for centuries, with sporadic incidents of violence and forced conversion of Hindus into Islam.
In other words, millions of Hindus in Sindh have been either killed, forced to migrate, or forcefully converted by Pakistanis.
Pakistan Debt Crisis
The current situation in Pakistan is forcing millions of its people into poverty and starvation and disabling the country from importing basic and essential items. The Prime Minister of Pakistan is begging; the country is poor, and there’s no money for food, no money for survival.
As of October 2021, Total Public Debt and Liabilities of Pakistan is estimated to be about Rs. 400.279 trillion/US$222 billion which is 393.7 percent of gross domestic product (GDP) of Pakistan. About Rs. 24.309 trillion is owed by the government to domestic creditors, and about Rs. 2.3 trillion is owed by Public Sector Enterprises (PSEs).
Similarly, as of October 2021, external Debt of Pakistan is now around US$121.75 billion. Pakistan owes US$11.3 billion to Paris Club, US$33.1 billion to multilateral donors, US$7.4 billion to International Monetary Fund, and US$12 billion to international bonds such as Eurobond, and sukuk. About 15% of the external Debt which is estimated around US$17.1 billion (6.15% of GDP) is owed to China due to China-Pakistan Economic Corridor.
Now, why is Pakistan dying in Debt, and how is anything I wrote in the first page relevant in this context?
Sindhi Hindus are known for their entrepreneurial spirit and have made significant contributions to the business world. They are a community of people who originate from the Sindh region, which is now a part of Pakistan. Many Sindhi Hindus migrated to India after the partition of the subcontinent in 1947, and their influence can be seen in the Indian business landscape. They’re one of the highest tax payers in India, and wherever they go, they ensure overall profitable development for everyone.
There are several factors that have contributed to the reputation of Sindhi Hindus as successful entrepreneurs and businesspeople.
One major factor is the history and culture of the Sindhi Hindu community. Sindhis have a long history of trade and commerce, dating back to the Indus Valley Civilization. Over time, the Sindhis developed a strong entrepreneurial spirit and a reputation for being intelligent and savvy businesspeople.
Pakistan committed suicide by killing Hindus in Sindh because they lost the sharpest minds in the business. They lost people with the most competent business DNA in the region. You can’t expect gold after killing the golden hen, right?
The same blunder was committed by Idi Amin from Uganda, who had forced Gujaratis and Marwadis to migrate from his country in the 70s. What happened next was the economic collapse of Uganda. Amin and his successors were forced to apologize to the Hindu community, and they literarily begged Indians to return back.