"It is a very delicate
job to forgive a man, without lowering him in his own estimation, and yours
too."
—Josh Billings (American,
1818-1885)
Word for the day
Vagility (n)
The ability of an organism
to move about freely and migrate.
Malice towards none
Amit Bhadana has 6.4million
subscribers on his Youtube channel.
Most of his posts attract
millions of views.
#NaMo and RaGa followers on twitter
#NaMo and RaGa followers on twitter
First random thought this morning
A lot of people appear agitated over appointment of a private
entity to maintain the Red Fort at New Delhi. Eminent politicians and social commentator
like Shashi Tharoor have made utterly irresponsible and ridiculous public
comments on the subject.
None of the people challenging and/or criticizing the proposal
have explained why should the historical public monuments continue to be
maintained by the government agencies, the way it has been done in past
70years.
Four years of Modi rule - 3
When we evaluate the performance of the incumbent government from the
linearity angle, there is not much to distinguish it from previous UPA
government.
NDA won a massive mandate in 2014, on the basis of a promise to
alter the status quo and break the linearity in areas like employment, agri
productivity, social harmony, trade, manufacturing etc. In past 4years, the
government has mostly failed in providing a "Reset" of any sorts.
Despite the audacious attempts like replacement of all high denomination
currency suddenly, scraping of periodic planning process and replacement of
planning commission with a more academic body like NITI Aayog, we have not seen
a Reset, like the one seen in 1991-92 and 1998-2000.
In 1991-92, the then government moved decisively to end the
distinct socialist bias in the economic policy, that constricted India's
economic development and integration of India's economy with the global
economy.
Economy and markets were opened for foreign investors. Forex
regime was liberalized under LERMS. MRTP restrictions were materially eased.
Under new industrial policy a large number of industries and sectors were freed
from licensing requirements. Capital controls were substantially eased, and
office of capital controller (CCI) was abolished. Capital markets were
liberalized. SEBI and NSE were established. The role of public sector was
redefined and the process of disinvesting government stake in PSEs initiated.
Civil aviation and telecom sectors were opened to private sector. New age
private banks were allowed to operate as full service operators. Election
process was dramatically improved and enhanced.
WTO membership in 1995 also changed a lot of things for India.
Pulse Polio Mission launched in 1995 has also been a huge success.
Then during 1998-2004, another Reset was effected the government,
taking the process started in 1991-92 to a much higher orbit.
The government gave up most of its monopolies. Private sector
participation, in core sectors like coal, power, roads & highways, oil
& gas, insurance, etc. was allowed. Digital connectivity was provided a
massive thrust through New Telecom Policy, along with road and rail
connectivity. PM rural road program (PMGSY) has been one of the best government
programs in independent India. National connectivity projects like development
of Golden Quadrilateral under PPP model, Delhi Metro Rail Project (that became
a role model for many mass rapid transport systems (MRTS) in India and abroad,
were initiated. The process of disinvestment in PSEs was enhanced substantially.
Sarva Siksha Abhiyan was a massive effort (and successful) to bring children to
school. Fiscal Responsibility Act provided statutory framework for fiscal
discipline.
Unfortunately, no such Reset has been planned by the incumbent
government, and in that sense it has belied the massive mandate...to continue
next week
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