Yashwant Sinha was a former Union minister and long-time BJP member. He quit the party in 2018 and now leads a political action group called the Rashtra Manch.
Moreover what we are really missing is that our domestic market and industry is still not connected with the global supply chains. In economies like Bangladesh and Vietnam almost 80% of the exports are made by large corporations, whereas in India almost 80% is still made by small MNC’s and MSME. This again show the policy paralysis of the government. And after this disastrous management of economy by government we will again loose incoming FDI.
Instead of reducing trade barriers and integrating our economy more with the global economy. The government is trying to close the doors for businesses and traders. This will reduce the efficiency of Indian companies and make their products more expansive further damaging the exports and all this will again go in loop.
When Dr. Manmohan Singh brought the reforms and reduce trade barriers there was same fears but it all went good and we are still reaping the benefits of it and all this he did was in complete silence and with sharp focus unlike today’s government which believes in making tall claims with no results.
Kudos to ThePrint for providing a web platforms to all known anti-Modi disgruntled politicians, journalists of the bygone dynasty era . The man who as the Finance Minister of India safely transported and delivered tones of Gold to treasuries of The Great Britain for securing a paltry sum of loan of $ 405 Millions. (The RBI had to ship 47 tonnes of gold to the Bank of England to raise $405 million in 1991 when honourable Sinha was honourable Finance Minister of India . ) This was done to tide over short term liquidity foreign exchange problem . According to this gentleman When India is having in excess of $ 500 billions .(note, not Millions ) of foreign Exchange in its kitty ,, IS A FAILURE . More over this is too at a time when economy IS beset with the problems originating from world wide slow down, lockdowns and trade wars and ongoing pandemic covid -19 , amassing of enemies troops on our northern borders . He is blaming Modi government of not having anticipated the problems of lock-down, when even big economies of USA, Britain, E.U- France , Italy, Germany, or of Brazil are in mess created by Wuhan originated virus. He talks about Migrant workers with out realising how many type of or groups of migrants workers are. How and why they leave hometowns and home-villages and when they return every year since the time our great dynasts started development of India in early fifties of the last century and that development dream remained un-accomlished even after six-seven decades of Family rule by Nehruvian dynasty. ?
The man is living in past decades and is bent on criticizing the Modi government as criticizing is the only trait in which he seems to be master-mind. But providing valuable web-space by the ThePrint to prophate of doom is not in the interest of nation. The Chief editor of thePrint should himself pay attention to this job. Please do not delegate this responsibility to your junior editors.
Not too sure why these politicians in India can’t gracefully retire and enjoy their twilight years? This 82 year young politician is still salivating at the prospect of bouncing back with the support of a Mickey Mouse set up in Bihar. The gangs of Modipur and Shah-land are no great, but surely India do have talented young guns who could take the country forward..
Timely article! But who is going to wake up MODI Ji from deep self hypnotising ego deep slumber. I just noticed BJP is bypassing IAS, IPS recruitment by lateral placing that surely will be filled by their cronies . GOD SAVE INDIA. as opposition is no where in picture. Jaswant Ji1 give up on Rahul and bring some new younger faces committed to serve not command.
Dear Gentleman, You are the one who pledged the nation’s gold. Had not your govt. not been pulled down, we would have been banana republic by now. For God’s sake, please keep your advises on economy to yourself
Just another example of the great Indian political circus. LK Advani cracked the ringmaster’s whip in 2002 so that Modi could keep his seat after the Gujarat riots just to show PM Vajpayee who is the real boss in the BJP. Worthies like Mr Sinha and Mr Shourie held their silences, perhaps believing that they were destined to win another term as high ministers. Years later, Modi himself won a mandate to occupy Vajpayee’s chair and squeezed all these worthies out and hung them to dry. So now they are squealing and hope that someone will take pity and grant them a few votes. Not going to happen, Mr Sinha. You are either with Mr Modi or with Mr Rahul Gandhi – there isn’t a third alternative available in present circumstances. If you are alive, you will see some other worthies getting squeezed out by Mr Modi’s replacement when his own time is up. The great Indian political circus of good men maintaining silence to keep their own jobs as clowns will move to another era. The great Indian nation is perpetually condemned to keep watching this grotesque show.
And you see Modi supporters indulging in whataboutery, sadly worst days are yet to come..
Moreover what we are really missing is that our domestic market and industry is still not connected with the global supply chains. In economies like Bangladesh and Vietnam almost 80% of the exports are made by large corporations, whereas in India almost 80% is still made by small MNC’s and MSME. This again show the policy paralysis of the government. And after this disastrous management of economy by government we will again loose incoming FDI.
Instead of reducing trade barriers and integrating our economy more with the global economy. The government is trying to close the doors for businesses and traders. This will reduce the efficiency of Indian companies and make their products more expansive further damaging the exports and all this will again go in loop.
When Dr. Manmohan Singh brought the reforms and reduce trade barriers there was same fears but it all went good and we are still reaping the benefits of it and all this he did was in complete silence and with sharp focus unlike today’s government which believes in making tall claims with no results.
Kudos to ThePrint for providing a web platforms to all known anti-Modi disgruntled politicians, journalists of the bygone dynasty era . The man who as the Finance Minister of India safely transported and delivered tones of Gold to treasuries of The Great Britain for securing a paltry sum of loan of $ 405 Millions. (The RBI had to ship 47 tonnes of gold to the Bank of England to raise $405 million in 1991 when honourable Sinha was honourable Finance Minister of India . ) This was done to tide over short term liquidity foreign exchange problem . According to this gentleman When India is having in excess of $ 500 billions .(note, not Millions ) of foreign Exchange in its kitty ,, IS A FAILURE . More over this is too at a time when economy IS beset with the problems originating from world wide slow down, lockdowns and trade wars and ongoing pandemic covid -19 , amassing of enemies troops on our northern borders . He is blaming Modi government of not having anticipated the problems of lock-down, when even big economies of USA, Britain, E.U- France , Italy, Germany, or of Brazil are in mess created by Wuhan originated virus. He talks about Migrant workers with out realising how many type of or groups of migrants workers are. How and why they leave hometowns and home-villages and when they return every year since the time our great dynasts started development of India in early fifties of the last century and that development dream remained un-accomlished even after six-seven decades of Family rule by Nehruvian dynasty. ?
The man is living in past decades and is bent on criticizing the Modi government as criticizing is the only trait in which he seems to be master-mind. But providing valuable web-space by the ThePrint to prophate of doom is not in the interest of nation. The Chief editor of thePrint should himself pay attention to this job. Please do not delegate this responsibility to your junior editors.
Not too sure why these politicians in India can’t gracefully retire and enjoy their twilight years? This 82 year young politician is still salivating at the prospect of bouncing back with the support of a Mickey Mouse set up in Bihar. The gangs of Modipur and Shah-land are no great, but surely India do have talented young guns who could take the country forward..
Timely article! But who is going to wake up MODI Ji from deep self hypnotising ego deep slumber. I just noticed BJP is bypassing IAS, IPS recruitment by lateral placing that surely will be filled by their cronies . GOD SAVE INDIA. as opposition is no where in picture. Jaswant Ji1 give up on Rahul and bring some new younger faces committed to serve not command.
Dear Gentleman, You are the one who pledged the nation’s gold. Had not your govt. not been pulled down, we would have been banana republic by now. For God’s sake, please keep your advises on economy to yourself
Just another example of the great Indian political circus. LK Advani cracked the ringmaster’s whip in 2002 so that Modi could keep his seat after the Gujarat riots just to show PM Vajpayee who is the real boss in the BJP. Worthies like Mr Sinha and Mr Shourie held their silences, perhaps believing that they were destined to win another term as high ministers. Years later, Modi himself won a mandate to occupy Vajpayee’s chair and squeezed all these worthies out and hung them to dry. So now they are squealing and hope that someone will take pity and grant them a few votes. Not going to happen, Mr Sinha. You are either with Mr Modi or with Mr Rahul Gandhi – there isn’t a third alternative available in present circumstances. If you are alive, you will see some other worthies getting squeezed out by Mr Modi’s replacement when his own time is up. The great Indian political circus of good men maintaining silence to keep their own jobs as clowns will move to another era. The great Indian nation is perpetually condemned to keep watching this grotesque show.
A father must know when to stop otherwise people will start calling him a senile old man. But them grace has never been the virtue.