The answer to bad govt is good govt . External factors affecting our growth is because of over opening of economy . if US sneezes ,india ends up in hospital in comatose state. india is dreading now withdrawl of stimulus in US or further debt crisis in euro zone
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Is the Aam Aadmi Party a revolution? French or American?
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The removal of stimulus is impacting South East Asian countries the most..One good thing about India is the huge domestic demand unlike China which is dependent on Exports
Now if our currency weakens, our Exports would go up and will give a fillip to Exports led Manufacturing
But over opening of economy is not causing the external factor that stymie growth
In fact we require more opening to get more FDI and strengthen our Rupee...FDI for building highways, ports, airports..FDI for Insurance etc
agree we have domestic demand but substantially reduced. With purchasing power getting eroded due to inflation we may not buy onions at 100rs a kilo ,eat out with meal at 450 for 2 people. we may not buy consumer durables postponing our purchases. go to south east asia instead of europe for holidays. default in home purchase done on basis of 8 percent growth and 20 percent salary increases
currency weakening sent shivers in stock market with arbitrage oppurtunities for currency speculaters . oil and gold imports are putting pressure on CAD. NRIs are getting free tickets to india to get gold into india due to import control
answer to all this may not be more opening
fdi or fii money is only hot money .if they find any other country giving better returns,they will run away
the manmohanamics model requires a rethink
dear vgane,
do we have any products that are price elastic, that we can sell in large amounts with the fall of rupee value? and reduce our dependents on imports?
a large part of our exports supply goods for our expats, and these stuff will be faily price inelastic, i would imagine. today's china has swamped the whole world with their products A to Z. i really see no hope for india to export more, based on currency value.
one good thing for india is to stop chinese imports of garbage stuff garbage quality. it is killing our small industries and handicrafts. i see navrathri dolls from china. ridiculous!!
What happened in Delhi or coming, or rather going to power by AAP is not a revolution but just a change - time will tell whether for good or for the continuance of bad. Delhi is our political and national capital. It is also the capital for so many bad things. I doubt the people who voted AAP to power are different from those who had voted Congress to power. Unless the people say no to corruption nothing can change. One should understand that 'saying no to corruption' today means you must deny lots of things to yourself and your family until we get the last man to say "no' to that. I do not include the BPL people who always deny lots of things to themselves. Of course, a host of people do corruption on this line too, but the BPL people are not affected. Shall we all go down under the BPL line? One may venture to say minimum corruption is ok to progress. Then the question arises how much is minimum and eventually the maximum will become minimum. So it is all reduced to one thing: That an individual (and of course, every individual) should not be corrupt on his own volition or influenced by kith and kin negatively. If that happens Rama will take another rebirth here to enjoy a corruptionless life.
To me, it looks like corruption free govt has become the end objective here !!. first off, lets understand corruption is called speed money in business terms & by this, what will take 2 yrs, will get done in 2 weeks !!. so if corruption can speed business & provide lakhs of people Jobs, then we should see it as a necessary evil. But now in the name of corruption free, if you are saying it will take 2 yrs, to get a sanction for a business unit, then none of the people will Jobs & millions will die without one !!. so lets be cautious when we talk about corruption free in a country where over 100s of millions are in dire poverty !!
See, it was the Genius Narasimha Rao who got us out of this mess of socialism by his visionary policies. Over 50 to 100 Mil people are in corporate today because of him - every one of us need to thank him & be grateful !! Now the allegation is his govt was formed by bribing some MLA's - !!. so are you going to stop this completely & let 100s of millions suffer ?????
prasad1
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I agree with your statement.
Dear Kunjuppu,
May be garments are price elastic...Bangladesh has swamped Europe with its cheap garments..Even IT services are slowly getting commoditized something like pay as you drink
I think narasimha rao has not been judged properly by his countrymen. his contribution to liberalisation with the help of manmohansingh an unknown entity then, will be realised after a few more decades when historians evaluate his contribution to india objectively
exports are mainly jewelery,leather products,textiles,spices and the like and pharma products. It is the manpower services -labour for the gulf and It for other countries. that gave india the much needed export boost. cheap garments from taiwan,bangadesh-indian labour is more expensive to compete though quite a few export.
true we r collecting a lot of chinese junk dolls,lights for diwali another one and the like. we are getting a lot of electronics computer related dumped by us after manufacture and assembly in chines sweat shops. entertainment eletronics ,it is the koreans and japanes. indian industry is nowhere.
India can concentrate on manufacturing . we have a good consumption story in rural areas and B and C class cities. with good monsoon with 3 to 3.5 percent from agriculture for GDP, india can look forward to max. 1.5 to 2 percent from industry making it 5 percent max.
Folks,
We should not view the progress of India as free from the influences of the external forces. The U.S. for example would not want any country to challenge its supremacy and even China would be thinking on similar lines. These countries would want to nip everything in the bud. So we need a leader who would neither compromise the country's interests due to the pressures and temptations coming directly from these countries nor be unable to respond to their machiavellian tactics adequately.
I think more than AK, Modi is better suited for this.
So I think even if AK would actually perform well initially it is in the interest of others that he be projected as competent. Let us have the big picture in mind.
We should not view the progress of India as free from the influences of the external forces. The U.S. for example would not want any country to challenge its supremacy and even China would be thinking on similar lines. These countries would want to nip everything in the bud. So we need a leader who would neither compromise the country's interests due to the pressures and temptations coming directly from these countries nor be unable to respond to their machiavellian tactics adequately.
I think more than AK, Modi is better suited for this.
So I think even if AK would actually perform well initially it is in the interest of others that he be projected as competent. Let us have the big picture in mind.
alternate to modi is not rahul or AK . we may get some unexpected political figure having a base of 30 lok sabha seats. I would prefer Patnaik or Nitish
JK i am tired of paying speed money for everything to mostly babus in civic services,DDA officials,police and such beings. business men have to grease more.to babus and politicians for sanctions ,getting bills cleared and getting substandard work approved. poverty does not reduce by speed money.only babus and businessmen prosper with ill gotten wealth
you know prasad ji we have a significant section of population who make a living as middle men . i guess between 15 to 20parcent are middle men . could be higher. they claim they are provide legitimate services and are a requirement for all . they claim to be honest and they invariably deliver since their profession depends on delivering anything for a price. from driving licenses to housing quotas ,edu. admissions,marriage alliances india has been made a better place to live for the previleged few who could afford them. what do you think
I refer to Posts no 32 & 33. I concede that Mr.Narimharao had the capacity to govern the country.
I may not like to give credit to Mr.Narimharao or for that matter to any one.During the period,late Mr.Rajiv Gandhi was Prime Minister
of the Country ,the precious Foreign Exchange Reserves dwindled to a low level.Then Late Mr.Chandrasekhar became the Prime Minister
with Congress support.The country had only a week's Foreign exchange to pay for imports and repayment of earlier debts.
The Gold Reserve of the Coutry was pledged to Bank Of England.There wasa too much pressure from World Bank to bring in reforms.
Mr.Narasimha Rao happened to be the Prime Minister of the Country during the period.That is all.Anyone as Prime Minister during that time would have been forced to introduce Reforms.I have attended a number of weekly meetings in Ministry of Finance regarding control of 'Fiscal Deficit'.While the Prime Minister will boldly state in Parliament that there is no pressure from outside agencies,
the World Bank officials were virtuously sitting in every ministry and we were required to give whatever information they asked for.
Late Mr.Rajagopalachari(Rajaji) desired in the year 1950that Govt should govern least and allow market forces to decide the price.
None heeded his advice.
Another factor favourable to Mr.Narimha Rao was Mrs.Sonia Gandhi had just emerged and was not powerful in Congress at that time.
IN Congress history,no leader other than from Nehru family could shine.
Mr.Narimharao had virtually packed his luggage to Andhra as he was not getting Lok Sabha seat from Mr.Rajiv Gandhi.
Things changed in his favour after the death of Mr.Rajiv Gandhi.
Mr.Man Mohan Singh was never treated as an Economist by most of the officers from 'Indian Economic Service'.
I may not like to give credit to Mr.Narimharao or for that matter to any one.During the period,late Mr.Rajiv Gandhi was Prime Minister
of the Country ,the precious Foreign Exchange Reserves dwindled to a low level.Then Late Mr.Chandrasekhar became the Prime Minister
with Congress support.The country had only a week's Foreign exchange to pay for imports and repayment of earlier debts.
The Gold Reserve of the Coutry was pledged to Bank Of England.There wasa too much pressure from World Bank to bring in reforms.
Mr.Narasimha Rao happened to be the Prime Minister of the Country during the period.That is all.Anyone as Prime Minister during that time would have been forced to introduce Reforms.I have attended a number of weekly meetings in Ministry of Finance regarding control of 'Fiscal Deficit'.While the Prime Minister will boldly state in Parliament that there is no pressure from outside agencies,
the World Bank officials were virtuously sitting in every ministry and we were required to give whatever information they asked for.
Late Mr.Rajagopalachari(Rajaji) desired in the year 1950that Govt should govern least and allow market forces to decide the price.
None heeded his advice.
Another factor favourable to Mr.Narimha Rao was Mrs.Sonia Gandhi had just emerged and was not powerful in Congress at that time.
IN Congress history,no leader other than from Nehru family could shine.
Mr.Narimharao had virtually packed his luggage to Andhra as he was not getting Lok Sabha seat from Mr.Rajiv Gandhi.
Things changed in his favour after the death of Mr.Rajiv Gandhi.
Mr.Man Mohan Singh was never treated as an Economist by most of the officers from 'Indian Economic Service'.
We can be more chritable with narasimha rao
He presided over a minority govt. With his political acumen and with MMSingh s bold budget ,he did turn things around. He survived a full 5 years. Others following him BJP and congress had to continue with market reforms he initiated. Many felt that MMS was an over rated economist. yet he delivered with Narasimha raos leadership. history will definitely judge him kindly . probably better than RJ who inspite of thumping majority and huge FE reserves sent the country downhill.
sangom
0
AAP is a very ephemeral phenomenon in Indian Politics. Kejriwal has, for now, delivered on two of AAP's election promises—water and power. In my view, the power thing seems to be alright provided the Delhi government is rich enough to give the subsidy, but the water item is Tuglak-like. My own feeling is that the Aam Aadmi of India may look upon AAP and Kejriwal as something like the Garuda and Vishnu seated thereon as Narasimha who will wipe out the last paisa of corruption from India.
But the pity is that the very same Aam Aadmi will soon find his/her life to be hell in the absence of corruption, bribes, middlemen, etc., because a very sizeable percentage of our people (aam aadmi as well as khaas aadmi log) are not law-abiding always and want the "system" to favour them unduly in one thing or the other. Hence, AAP may secure about 70 to 100 seats at the maximum in 2014 elections and will end up with its broom being controlled by Congress as it has happened in Delhi.
Attached is a nice cartoon on this:
But the pity is that the very same Aam Aadmi will soon find his/her life to be hell in the absence of corruption, bribes, middlemen, etc., because a very sizeable percentage of our people (aam aadmi as well as khaas aadmi log) are not law-abiding always and want the "system" to favour them unduly in one thing or the other. Hence, AAP may secure about 70 to 100 seats at the maximum in 2014 elections and will end up with its broom being controlled by Congress as it has happened in Delhi.
Attached is a nice cartoon on this:
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water move is for the poor and not for the others. why should others make fun of it . agreed a graded scheme would ha' ve appealed to more. power discount is equally good. both together have put around 1 k in hands of poor without middlemen. a well directed subsidy
we are a nation with a sizeable number of middlemen who serve everyone the poor and the rich included for a price. it enables many undeserving to get what they want for a price. even God cannot get rid of them
Corruption is acceptable if every body can indulge in that. It will thus pave way for age old barter trade. But what corruption does is helping the rich to be richer and poor to be poorer. What trade unions did was also a kind of corruption, but again the money-power won. Maybe we should go back to Communism without entrenched political power. But alas, there was corruption even in Communism. Corruption starts in childhood. Parents offer chocolate to child, if he finishes his homework. I think in that sense all humans including Brahmins are corrupt because they do pooja, prayers and make offerings to appease god for certain gains. If that is ok, then I will say god is corruption and corruption is god.
Does the AAP have the courage to dispense with Reservation? Would it declare that admissions in Universities, Professional courses and employment in Central and State Govt shall be strictly on merit? Would AAP declare that there shall no longer be any concession based on minority community etc as we are all one and we are all Indians? Would it declare that there shall be no party based on caste, class, color or religion, that there shall no party be with names like Dravida, Vanniar, Muslim League, etc, that any party existing with such names shall change their names else face disqualification? Would it declare that applications for employment or for that matter any form shall not contain a field or item requiring Religion, Caste etc?
OP
OP
mkrishna100
Active member
More than subsidies people want efficiency and transparency in service , fairness in rates , proper accountability when it comes to basic utility services and public transport . People wont mind a gradual hike if the service is efficient . They get angry only when you hike the rates when the service is faulty ,unprofessional and when there is lack of transparency and accountability .
dear asirvadam,
reservation as practised in india is social engineering. as tambrams we are adversely affected. so too i think, certain xtian communities like mar thoma, pillais etc. i dont know.
to me, reservation, even with all its warts, is an unbridled success, for not only it has opened the doors to millions of folks who would never have thought of higher studies. but raised the bar in terms of expectations of the parents of the urban poor and dispossed. today's sweeper potter latrinecleaner toddytapper all tell their children to eschew the ancestral professions and urge them to be doctors lawyers ITs and government servants.
i think it will take about 100 years for the need to go away. also, much as distasteful it may seem, when you look at the pockets of muslims who are abjectly poor and without hope, i think reservations might give them a boost. nothing more than youth wasted and into the wrong side of the law. it has been 100% proven with education and jobs, smaller families and civic sense happens. just look at the bimaru states and compare them with tamil nadu.
AJ will do good to attempt to give honest administration. more important, he himself and his kin, should be uncorruptible. and any smell of corruption with any of his cabinet or cronies, should be quickly dealt with. let us give him a couple of years before judging.ok?
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