sanyasi

Thursday 6 September 2012

Dear all

Manmohan Singh has made it again in the International media. This time the Washington Post article portrays him as a failure. It is quite interesting to note that why the US media is on the onslaught against our Sardar. Infact he is credited to be behind the strong strategic and commercial ties that we have with US. So why this transformation from a poster boy of India's reforms to a lame duck Prime Minister. We all sitting in this country knows that Singhsab, is a victim of coalition and party politics and he is unable to take decisions etc. I also do not deny the fact made by Times and now Washington post , about the deterioration of his credibility, but it need to be understood that the US media's new found onslaught is guided by the growing frustration of the business groups in that country over the uncertainty in our investment climate. Floating Capital in the US , is in desperate search to escape tax in their home country and be invested in the emerging economies as like in India. Being a democratic nation with proven credentials they find that it is safer to invest in India than an autocratic China. However the current political and economic conditions has brought down confidence level leading to frustration which is reflected in this media onslaught.

Anyway sardarji ka pagidi uttar gaya

Sanyasi

No comments:

Post a Comment

crying babies have milk

Dear all, The prime minister''s independence day speech was disappointing to most of the ex service men . According to them the PM did not deliver what he had promised to them during the elections. Yes, I mean the one rank one pension scheme (OROP) . The TV channels showed flocks of ex service men predominantly people from Punjab, Himachal and Haryana cursing the PM as a traitor. We all know that it is easy to make election promises but when it comes to implementation , reality strikes. The same is the case with OROP . This is a great idea in principle , but the cost to exchequer is said to be nearly Rs 10000 Crore . Who will bill this ? Lets now go to Bihar. Our PM has now gone and pledged around Rs 1.3 Lakh Crore for Bihar's development. Well, I do not know whether the learned people from Bihar will bite the bait or whether they too will have to go for a Dharna later. Time and the election results will speak. The larger point here is about the culture of freebies and rent seeking by interest groups. This has been part of India's body- politic since long and have made large Vote banks . Is nt this at the cost of others ? . Guys I am not being parochial. You go to a railway station , airport and any Central Government office , don''t you get a larger taste of Hindi, Bihar and the stench from the cow belt. I am afraid I don't see any diversity here. ( except the occasional face of some dark coloured Southees or marathees in the CISF security team at Mumbai airport). I don't have numbers to throw and prove statistics but the point is that there seems to be a collective bargaining and a reciprocal political blessing based on election needs, be it from UPA or NDA. ( In fact both seems to be two parts of the same coin). If Bihar can claim Rs 1.3 Lakh crore (if at all it happens ) why not Orissa , Bengal and Telengana. Are'nt they also underdeveloped. The resource pledging seems to skew unequally over the geography of India particularly away from the South and East; Well that is for you to think , but what worries me is on the tax that I pay. I don''t mind that the tax taken from me is given to the right people or if the government comes up with some schemes which percolates my income down the pyramid, but what annoys me is that I don't want my tax to be pledged for votes . Anyway as somebody said crying babies always have milk. That is what democracy is for. Jai Hind: