Thought for the day
“Once we have a war there is only one thing to do. It must
be won. For defeat brings worse things than any that can ever happen in war.”
-
Earnest Hemingway (American, 1899-1961)
Word for the day
Prate (v)
To talk excessively and pointlessly.
(Source: Dictionary.com)
Teaser for the day
If Narendra Modi is successful in his endeavor to bring
good governance – do we need an alternative like AAP?
I’m lovin’ it
Since past couple of days the new government had been giving
signals regarding its priorities, style of functioning, targets and above all
their vision of India’s future. However, the broader view was fragmented and
critics’ opinions divided. A section of society still had misgivings about the
intentions and agenda.
The President’s address to the joint session of the Parliament,
in my view, has defined the intentions, vision, mission and agenda of the
government unambiguously. I am particularly delighted as the government’s
agenda incorporates most of my suggestions presented through this column.
I know that by now the readers of this column must have been
overwhelmed by the threadbare, between the lines and behind the hand analysis
of the vision statement of the government. However, I would still take risk of
offering my two paisa. In my view, the key highlights of the vision statement
of the government made through President of India are as follows:
Strong and firm leadership
The best way to find out if you
can trust somebody is to trust them. (Ernest Hemingway)
From the address it is clear beyond doubt that the country has a
strong and firm leadership. The prime minister is in full control of the
situation. The conventional wisdom suggests absolute power in one hand is
worrisome. But so far we do not have evidence to suggest that the present
leadership is corruptible. The statement goes a long way in addressing the
fears of the traditional detractors of the Prime Minister, by remaining
strictly within the contours of constitution.
Conceptual clarity
The best part of the statement is the conceptual clarity on
various issues, especially structural imbalances faced by the economy and
imperative to correct these imbalances in right earnest.
For example, the statement lays strong emphasis on skill
deficit, agriculture productivity, skewed sex ratio, rural-urban divide, state
– center strife, sustainability of growth especially ecology-economy balance
and foreign policy – economic policy imbalance.
Most important aspect is that without offering and platitudes
about the global economic conditions, it straight away focuses on the internal
strengths like demographics, traditions, culture, technology and presents
simple programs to harness these strengths.
Alternative governance structure
Departing from the popular view of being other side of the
Congress Coin, BJP leadership has shown strong commitment to a transparent,
predictable, fair and accountable policy regime and governance structure. The
indications so far are that the government is “running the talk”.
Promising to do away with administrative discretions that have
traditionally been source of many corrupt practices is for example a welcome
departure.
Tomorrow I shall present my views on market implications of the
policy outline.
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