Young Indians bought new hope & optimism of Brand Modi in 2014. Now they're confused & angry as BJP government turns out to be Indira-era Congress, plus a cow.
Only way to defeat Modi-BJP in 2019 could be through local battles against strong leaders, as it makes psephological sense despite ideological contradictions.
Countering insurgency needs the Pakistan Army to demonstrate a political will that ties leaders at the centre with those in the borderlands. But it may not have the imagination.
Centre for Science and Environment in new report makes case for rationalising GST on waste material, saying most informal operators can’t afford high tax & it also hinders recycling.
21st edition of annual joint military exercise will be held from 1 to 16 September, aimed at sharing military tech, operational best practices & disaster relief coordination methods.
Standing up to America is usually not a personal risk for a leader in India. Any suggestions of foreign pressure unites India behind who they see as leading them in that fight.
Being a good orator is not always a great thing for a nation….not even ability of winning elections ……….. as is evident from (say) laloo prasad yadav……….he is a great orator and have won elections multiple times, but outside bihar he is not considered a worthy person and is infamous [a comic figure indeed].
In contrast to him say is manmohan singh, who is not a great orator/or an election winner, but he have influenced india firstly as FM and then as PM like never before…..by shear power of his abilities as a economist………clearly he knows his subject……
A soft spoken scholar who does not speak much and have weird body language and looks……makes the common man with “common mental abilities/third grade mental abilities” feel as if the man is an idiot or dumb/deaf……..this is a scholar’s paradox………..
14 years too late. His “Talking” now is totally meaningless and is perceived more as a symbol of his unfailing and obsequious loyalty to Mrs Gandhi rather than any public spirited service to the nation. He stood and watched silently ( a sign of benign approval) when he ought to have spoken and acted.
The economics of a country is the people and their well being . Ultimately they decide the form of economics required and that is what BJP will do . It is a delicate balance and nothing is achieved overnight . I am a farmer – progressive – and I have a view on what is good for 50 plus percent of the people . Let us cut the bull and look at Tata Gujarat project. Rs 30,000 crore benefits to a single company with employment for a couple or few thousand . These benefits do not come from thin air
.
1. I think if Shri man Mohan Singh is a pragmatic politician. He should advise Congress President Shri Rahul Gandhi to be a statesman. A true statesman would gracefully accept that problems of ordinary citizens of our country, of landless workers and of small & marginal farmers are not same as those who are economically better-off. 2. I say that until now all past and present Central & State governments have implemented populist schemes for securing votes of small & marginal farmers. These schemes have been of little benefit for the farmers for which they are meant. 3. Real income of a majority of our small and marginal farmers and the poor in urban areas has remained unchanged for many decades and no political party or its leaders have ever been held accountable for this state of affairs. 4. Many economists and bankers have pointed out that benefits of schemes which are meant for small farmers, landless workers and the below poverty line poor in urban areas never reach them. Scheme like waiver of farmers’ loans is essentially a populist measure and it is huge waste public money. Instead of taking steps to increase farm productivity and income of landless poor of the urban poor, politicians often indulge in implementation of wasteful schemes. 5. I think our former PM should kindly advise the Congress President to be honest, sincere and pragmatic. Central & State governments’ first priority would be to implement programmes which will really benefit targeted group of poor urban & rural households. Once this is done, all lessons in economics can follow.
Sir, you very well know Rahul knows what he is doing. Anything to win. But Modi does the same. So I don’t think Rahul needs any lessons “anymore”. However being a long term follower of your writings, I do sense the “narrative” you are trying to built. That Rahul is still an underdog and needs lessons. I don’t think this narrative will work. Agree to Diasagree.
“Deh shiva bar moh eh hai”……. Its not about hindu god shiv. Its about the supreme power Guru Gobind patshah has mentioned Shiv as mahadev in his writing and clearly mentioned i chaupai about shiv. ” Mahadev ko keht sada shiv, nirankar ka cheenat neh bhiv”…..means – “people are calling mahade as shiv but they don’t even know who is the reallg creator”. So its clear Guru patshah is mentioning akaal purakh not hindu god shiv.
We can’t imagine such mistakes from a responsible journalist like u.
The first thing Manmohanji should teach Rahul Gandhi is that write off of loans doesn’t amount to waiver of loans. It is only an accounting entry which is done when 100% provision is made against loan outstandings in accordance with RBI norms. This practice was followed in the UPA regime too. A written off loan doesn’t mean that lender’s rights of recovery are exhausted. The legal action is not withdrawn. But as the entire hit is already taken by the lender, there is very little sense in continuing these entries (both asset and liability) in the active books of the lender, as this unnecessarily inflates the balance sheet size. These loan entries are parked in off-balance sheet contra accounts. Incidentally, when recovery is made in an written off account this adds to the lender’s profit. Obviously, Rahul Gandhi won’t understand these accounting details. The former PM, also being ex-Governor of RBI, should teach him the basics
The Congress needs to fix its economics. If it gets a second chance, after the showing of 2014, it will be largely because the economy has been totally mismanaged. It simply cannot get on where the incumbent has signed off, waiving farm loans, increasing allocation for NREGA. To begin with, it will have to start creating private sector jobs on a large scale. 2. There was disappointment when both states were given old war horses as CMs. That should not be replicated in Delhi, if the electorate smiles, for FM, bring in Dr. Rajan, as PM PVNR brought in Dr. Singh. Shri Chidambaram has the gravitas and technocratic competence to deal with either Defence or Home, where he proved himself. 3. At 86, Dr Singh is a little old to be a full time Minister Mentor in the Singapore sense. However, his counsel should be sought, not merely as a courtesy but simply because he will help prevent the more obcymistakes from being made. Each newly installed government thinks it is immortal. If there is a UPA III, the Congress should not make that fatal mistake, analyse with sobriety what went wrong after 2014.
Shekharji: In this long article, the title is explained in the last 2 para only. All others were about Dr MMS’s personality. How I wish this is the other way around? Rahul is blabbering so much from Gujarat campaign, that this article could have summarised it and seek Dr MMS intervention.
SG ji, you are making a mistake. MMS has not got his voice back, but seems to have become not only HMV, but also acquired the habit of throwing stones and running away like HM. It is like Professor Higgins acquiring cockney accent and behaviour from Eliza Doolittle!
The problem with the MMS congress rule of 10 years we did not achieve anything as a country, reason behind this is there were growth world over during there first 4 to 5 yrs what they did is populism, as a country we are at the same stage after those growth yrs. look at our road infrastructure it is at same level, agriculture infrastructure no improvement still rely on rain and behind per acre production compare most of the countries, education no improvement, health ( hospital) no improvement. If he spend increase revenue in building these above mentioned asset creation India may be at different level. Because of waste of money during his/Sonia’s rule we are still tlaking about road/health/education/agriculture infrastructure. We do not have that much money and no more world over growth.
The caustic tone and the multiple pronouncements are well-taken. But I want to address a specific strand in your piece. First, let’s not base the argument on the premise that not speaking out in public has somehow made Manmohan Singh lose his voice within the Congress party. (And I know you’d know better.)
Second, the linguistic origins of “economics” lie in “political economy”, and for good reason. A political party that sees economics in terms of social reforms will resort to instant gratification and palliatives when it is expedient, and (a conscientious political party will) then follow it up with a more theoretically correct, longer-term measure, such as farm infrastructure reform. When we’re okay with taxpayer’s money to serve the Lutyens (or Vidhana Soudha or whatever) folks, surely we should have no problems with one-time relief. As you know, the rest is PR for public consumption.
So, there should be no shame in the way a political leader sees economics differently from a pure-play economist. To suggest that they cannot co-exist is unthought-through (gustakhi maaf!). It is a delightful and necessary conflict. If one drops out when a short term goal is achieved, it’s a sad commentary. My concern is, it’s sad that elections are won on the optics of political economy.
Being a good orator is not always a great thing for a nation….not even ability of winning elections ……….. as is evident from (say) laloo prasad yadav……….he is a great orator and have won elections multiple times, but outside bihar he is not considered a worthy person and is infamous [a comic figure indeed].
In contrast to him say is manmohan singh, who is not a great orator/or an election winner, but he have influenced india firstly as FM and then as PM like never before…..by shear power of his abilities as a economist………clearly he knows his subject……
A soft spoken scholar who does not speak much and have weird body language and looks……makes the common man with “common mental abilities/third grade mental abilities” feel as if the man is an idiot or dumb/deaf……..this is a scholar’s paradox………..
14 years too late. His “Talking” now is totally meaningless and is perceived more as a symbol of his unfailing and obsequious loyalty to Mrs Gandhi rather than any public spirited service to the nation. He stood and watched silently ( a sign of benign approval) when he ought to have spoken and acted.
The economics of a country is the people and their well being . Ultimately they decide the form of economics required and that is what BJP will do . It is a delicate balance and nothing is achieved overnight . I am a farmer – progressive – and I have a view on what is good for 50 plus percent of the people . Let us cut the bull and look at Tata Gujarat project. Rs 30,000 crore benefits to a single company with employment for a couple or few thousand . These benefits do not come from thin air
.
1. I think if Shri man Mohan Singh is a pragmatic politician. He should advise Congress President Shri Rahul Gandhi to be a statesman. A true statesman would gracefully accept that problems of ordinary citizens of our country, of landless workers and of small & marginal farmers are not same as those who are economically better-off. 2. I say that until now all past and present Central & State governments have implemented populist schemes for securing votes of small & marginal farmers. These schemes have been of little benefit for the farmers for which they are meant. 3. Real income of a majority of our small and marginal farmers and the poor in urban areas has remained unchanged for many decades and no political party or its leaders have ever been held accountable for this state of affairs. 4. Many economists and bankers have pointed out that benefits of schemes which are meant for small farmers, landless workers and the below poverty line poor in urban areas never reach them. Scheme like waiver of farmers’ loans is essentially a populist measure and it is huge waste public money. Instead of taking steps to increase farm productivity and income of landless poor of the urban poor, politicians often indulge in implementation of wasteful schemes. 5. I think our former PM should kindly advise the Congress President to be honest, sincere and pragmatic. Central & State governments’ first priority would be to implement programmes which will really benefit targeted group of poor urban & rural households. Once this is done, all lessons in economics can follow.
Sir, you very well know Rahul knows what he is doing. Anything to win. But Modi does the same. So I don’t think Rahul needs any lessons “anymore”. However being a long term follower of your writings, I do sense the “narrative” you are trying to built. That Rahul is still an underdog and needs lessons. I don’t think this narrative will work. Agree to Diasagree.
“Deh shiva bar moh eh hai”……. Its not about hindu god shiv. Its about the supreme power Guru Gobind patshah has mentioned Shiv as mahadev in his writing and clearly mentioned i chaupai about shiv. ” Mahadev ko keht sada shiv, nirankar ka cheenat neh bhiv”…..means – “people are calling mahade as shiv but they don’t even know who is the reallg creator”. So its clear Guru patshah is mentioning akaal purakh not hindu god shiv.
We can’t imagine such mistakes from a responsible journalist like u.
No need to learn economics to give freebies subsidies reservation loan waivers. Anything else is unpardonable blasphemy in Bharat.
The first thing Manmohanji should teach Rahul Gandhi is that write off of loans doesn’t amount to waiver of loans. It is only an accounting entry which is done when 100% provision is made against loan outstandings in accordance with RBI norms. This practice was followed in the UPA regime too. A written off loan doesn’t mean that lender’s rights of recovery are exhausted. The legal action is not withdrawn. But as the entire hit is already taken by the lender, there is very little sense in continuing these entries (both asset and liability) in the active books of the lender, as this unnecessarily inflates the balance sheet size. These loan entries are parked in off-balance sheet contra accounts. Incidentally, when recovery is made in an written off account this adds to the lender’s profit. Obviously, Rahul Gandhi won’t understand these accounting details. The former PM, also being ex-Governor of RBI, should teach him the basics
The Congress needs to fix its economics. If it gets a second chance, after the showing of 2014, it will be largely because the economy has been totally mismanaged. It simply cannot get on where the incumbent has signed off, waiving farm loans, increasing allocation for NREGA. To begin with, it will have to start creating private sector jobs on a large scale. 2. There was disappointment when both states were given old war horses as CMs. That should not be replicated in Delhi, if the electorate smiles, for FM, bring in Dr. Rajan, as PM PVNR brought in Dr. Singh. Shri Chidambaram has the gravitas and technocratic competence to deal with either Defence or Home, where he proved himself. 3. At 86, Dr Singh is a little old to be a full time Minister Mentor in the Singapore sense. However, his counsel should be sought, not merely as a courtesy but simply because he will help prevent the more obcymistakes from being made. Each newly installed government thinks it is immortal. If there is a UPA III, the Congress should not make that fatal mistake, analyse with sobriety what went wrong after 2014.
Shekharji: In this long article, the title is explained in the last 2 para only. All others were about Dr MMS’s personality. How I wish this is the other way around? Rahul is blabbering so much from Gujarat campaign, that this article could have summarised it and seek Dr MMS intervention.
SG ji, you are making a mistake. MMS has not got his voice back, but seems to have become not only HMV, but also acquired the habit of throwing stones and running away like HM. It is like Professor Higgins acquiring cockney accent and behaviour from Eliza Doolittle!
The problem with the MMS congress rule of 10 years we did not achieve anything as a country, reason behind this is there were growth world over during there first 4 to 5 yrs what they did is populism, as a country we are at the same stage after those growth yrs. look at our road infrastructure it is at same level, agriculture infrastructure no improvement still rely on rain and behind per acre production compare most of the countries, education no improvement, health ( hospital) no improvement. If he spend increase revenue in building these above mentioned asset creation India may be at different level. Because of waste of money during his/Sonia’s rule we are still tlaking about road/health/education/agriculture infrastructure. We do not have that much money and no more world over growth.
The caustic tone and the multiple pronouncements are well-taken. But I want to address a specific strand in your piece. First, let’s not base the argument on the premise that not speaking out in public has somehow made Manmohan Singh lose his voice within the Congress party. (And I know you’d know better.)
Second, the linguistic origins of “economics” lie in “political economy”, and for good reason. A political party that sees economics in terms of social reforms will resort to instant gratification and palliatives when it is expedient, and (a conscientious political party will) then follow it up with a more theoretically correct, longer-term measure, such as farm infrastructure reform. When we’re okay with taxpayer’s money to serve the Lutyens (or Vidhana Soudha or whatever) folks, surely we should have no problems with one-time relief. As you know, the rest is PR for public consumption.
So, there should be no shame in the way a political leader sees economics differently from a pure-play economist. To suggest that they cannot co-exist is unthought-through (gustakhi maaf!). It is a delightful and necessary conflict. If one drops out when a short term goal is achieved, it’s a sad commentary. My concern is, it’s sad that elections are won on the optics of political economy.