Away from shinning India

Is good economy all about Number crunching in the form of some indicators though their pertinence in the context of India’s complex, multi layered and grossly un (under) reported economy is questionable. On top of that, We have fancied to fashion our National Polices with some grand statements like Green Revolution, Garibi Hatoo or current talks of “ Inclusive Growth”. Where are the touchstones for these big promises and faltering performances of our Leaders, leave alone any specific time line for their execution. They say that good economics can be bad politics so we always have our Finance Minister playing the role of “Mr Right” with his all seemingly “Politically correct to populace” and “Equivocal to Industries” statements. Enigma runs deeper as every crisis crosses over its tipping point and becomes chicken egg problem-like the recent announcement of government coming up with more humane rehabilitation policy along with the liberalized regime for Industrial growth. Catastrophically, our Share Indexes run from bull to bear every trading session with the modulation of optimism quotients of the speeches of our PM and FM. Some experts say that we have been entwined with the global economy like never before with the ushering in of LPG. ( though another LPG is in severe short supply this winter with Government more focused on Nuclear energy for our requirements). “Inflation is a cause of concern for us.” This is the latest fad of our FM in every forum and RBI has become a worried lot of economy “Overheating”. We are yet to see any concrete corrective measures. May be because, this is such a issue where they are not able to see any kind of “Saffronisation” of economy by fascist element at this crucial juncture of elections in UP post Sachhar Committee - their bastion to proof their secular credentials. Last year, we have seen wheat buffer stocks plummeting as wheat was disappeared from the markets and this year Sugarcane will see its price crushing down heavily because of global over production. Where is our Agriculture Minister- Is he learning Demand- Supply Equations at Shastri Bhavan? He is busy in bidding for his candidature for ICC chairmanship, challenging at least the Western hegemony in control of Cricket administration, what if we shamelessly perform in playgrounds. May be, even the suicide spree of farmers of his own state is not enough for any serious reflections for their plights from their avowed Leader. Our Prime Minister is on Jaunt to promote his Government’s “ Look East Policy” and Foreign Minister was last seen crossing our Western border to invite the “Mr. President” across the line of fire. In between, India is bleeding in million small hemorrhages to its farmers, labors, small traders and unemployed youths. Just thing about it.