Wednesday, October 28, 2020
Home Opinions Is BJP elbowing India into a crony capitalist country projecting economic reforms?

Is BJP elbowing India into a crony capitalist country projecting economic reforms?

Also Read

leemonhttp://www.leealert.com
Mr. Leemon Ravi has started his career as a Quality engineer in Siemens after the successful completion of B.E - Mechanical (Gold Medalist) from LBS college of Engineering. He has worked with Ockwen Financial solutions as a Cadd engineer and ICICI bank as a financial officer for a considerable period of time. His association with HDFC bank as a Territory manager has helped him to excel his career as an entrepreneur. As one of the director in PEOPLE GROUP, he successfully associated with many housing projects in and around Bangalore. With a vast experience of more than 10 years in financial, engineering and housing segments his vision is to revolutionize the GOLDEN ERA ROYAL GROUP(GERG) by infusing and nurturing young and creative minds backed by pioneers in the respective areas. GOLDEN ERA ROYAL GROUP has started its operations at Bangalore on August 16th 2011 with its construction and development company called GOLDEN ERA PROPERTY PRIVATE LIMITED.Currently GERG is spread in software development,consumer durable,construction,entertainment and financial wings. Golden era group of companies and initiatives 1)GOLDEN ERA PROPERTY PVT LTD 2)GOLDEN ERA SOFTWARE SOLUTIONS AND CONSULTANCY PVT LTD 3)GOLDEN ERA FINANCIAL SOLUTIONS 4)GOLDEN ERA CONSUMER DURABLES PVT LTD 5)GOLDEN ERA ENTERTAINMENT,RESORTS AND LEISURE PVT LTD 6)GOLDEN ERA PROJECTS INDIA PVT LTD INITIATIVES WWW.GERGSTORE.COM UTHHAN-Empowering Artisans

Economic reforms come from effective planning, cash reserve corrections and  streamlining financial transactions by way of strict rules with long-term goals. Citizens of India always supported initiatives commenced to annihilate corruption and black money out of the system. The quintessence was the colossal crowd congregated across India supporting IAC (India against Corruption) in 2011, for a strong Jan lokpal. Anna Hazare and Arvind Kejriwal became house hold names. A new political party decimated all other Party giants and sworn in to power. Indians gave the same buttress to Narendra Modi for  demonetization drive, hoping that  it will bring out black money and help people to prosper. I salute the people who stood in bank queues for hours with patience and said, “We support Modi to elicit black money”. This shows the level of frustration of people thriving for proper economic stability and a day in their life, where a lazy administrator won’t demand favours to execute a work. But all the political parties are pushing Indian economy to a crony capitalism at an alarming rate. BJP went one step further to gain popularity by luring more people towards their ideologies projecting themselves us Crusaders of corruption and Guardians of Hindu religion. Congress was a disaster and BJP a Catastrophe. The audacity of these petty politicians to play with the emotions of people are surprising. None of these political parties can curb corruption because they are the concomitant of the same.

The biggest fallacy committed by the current dominion is dissolving the Planning Commission of India, quoting that it’s a wreck. Its been replaced by NITI Ayog. NITI Ayog has not played any role in economic reformation from the date of starting, instead Government of India created so many initiatives in different names, which has forced the finance ministry to nitpick all these schemes with a nominal man power. There is no point in reinventing the wheel. Finance ministry and the administration are doing only micro management and political stalwarts smothering the affairs of NITI Ayog.

De-monetization has actually helped black money hoarders to absorb their assets in an effective way and bank managers became rich overnight. The move has destabilized the unorganized sector which accounts to 70% of the economy because of the limitations in withdrawal. The most funniest part about Unaccounted money related raids are that, neither these catches are not accounted anywhere nor any punishments to the culprits. The administrators are asking bribe in new currency instead of old one. The move hasn’t evoked any fear in the minds of these corrupt administrators. Government is testing banned medicines and injecting useless religious thoughts on our people like third world countries. My mother has learned to use smart phone after 1 year of my relentless effort and now Government is talking about cashless economy digitally. Traditional ways of implementation is required along with sophistication. Time delay for a transition is  crucial for an economy and doing necessary arrangements before doing the same.

Government has done nothing but lip service only for the choking agricultural segment. There is no creative effort to bolster agricultural R&D towards eliminating pests and related crop yields. This gives an impression that government wants to promote and instill Genetically Modified Food concept with the help of foreign agencies in the name of food crisis in the future. They haven’t even bothered to classify agricultural terrains across the country. But strangely optic fibres are deployed across the length and width of the country with impeccable precision and heavy investment. Congress made the esplanade and BJP is walking on it. Crony capitalism and economical incompetence are directly proportional. An increased favouritism weakens the economy because of weak laws in financial segment.

Congress helped Vodafone to evade tax and now BJP set an example by helping Adani group to duck the fine imposed by National Green Tribunal  for nature destruction in the name of SEZ. Absence of a strong leader along with a bundle of corruption cases in various Indian courts weakened Congress. Small parties jump coalitions on regular intervals for their economic benefits. Communism is long dead and the so-called  ‘high command leaders’ at helm has taken it to the grave. Our parliamentary sessions are truncated to mere comedy reality shows with zero productivity. The bills passed in the parliament are increasing the wealth of political parties. Crony capitalism is outweighing our economy in the absence of strict measures against corruption. These Crusaders of corruption have objected Jan Lokpal and RTI rules to check political party accounts. Selfies and photo ops replaced creative thoughts and healthy debates.

The biggest challenge for the present regime is the Budget 2017. We had a deficit budget last time, with so many schemes still lying untouched with all our Indian economic dreams floating in mid-air. Manufacturing industry hasn’t picked up the pace and bank transactions became a joke because of De-monetization. The only positive for the Government is the tax collected out of fuel revenue from the people in an unjustifiable way. Congress regime removed the oil price regulatory committee. The current Government just sat on that, instead of overturning the same to pump in money for upcoming budget. Skilled labour encouragement is in papers only with a clueless handicraft ministry. Defaulters and NPA are adding the agony. If Government won’t come with strict laws to curb favouritism, the black money cycle will continue irrespective of demonetization. Banning currencies won’t bring revenue but strict regulations do. Government has to seriously think about reinstating planning commission with eminent economists instead of politicians. All the Government schemes should reach people for an effective implementation. Whether Modi has the courage to walk the talk? He can be like Sachin Tendulkar of 1990 Indian Cricket team, who has won many matches single-handedly against all odds. Common man is hoping for equal treatment after all  hardships in their life ranging from family to professional life. Think about street Vendors standing in the rain to sell their produce for a living. I have seen police officials taking bribe of Rs.10  from a  child selling handkerchiefs in Bangalore. I can’t forget the sadness of that kid’s face losing his hard-earned money with a smile to that goons. Socialism can bring a smile to the face of that kid and Crores of Indians, Crony capitalism can’t.

With Patriotism,
LEEMON RAVI

  Support Us  

OpIndia is not rich like the mainstream media. Even a small contribution by you will help us keep running. Consider making a voluntary payment.

Trending now

leemonhttp://www.leealert.com
Mr. Leemon Ravi has started his career as a Quality engineer in Siemens after the successful completion of B.E - Mechanical (Gold Medalist) from LBS college of Engineering. He has worked with Ockwen Financial solutions as a Cadd engineer and ICICI bank as a financial officer for a considerable period of time. His association with HDFC bank as a Territory manager has helped him to excel his career as an entrepreneur. As one of the director in PEOPLE GROUP, he successfully associated with many housing projects in and around Bangalore. With a vast experience of more than 10 years in financial, engineering and housing segments his vision is to revolutionize the GOLDEN ERA ROYAL GROUP(GERG) by infusing and nurturing young and creative minds backed by pioneers in the respective areas. GOLDEN ERA ROYAL GROUP has started its operations at Bangalore on August 16th 2011 with its construction and development company called GOLDEN ERA PROPERTY PRIVATE LIMITED.Currently GERG is spread in software development,consumer durable,construction,entertainment and financial wings. Golden era group of companies and initiatives 1)GOLDEN ERA PROPERTY PVT LTD 2)GOLDEN ERA SOFTWARE SOLUTIONS AND CONSULTANCY PVT LTD 3)GOLDEN ERA FINANCIAL SOLUTIONS 4)GOLDEN ERA CONSUMER DURABLES PVT LTD 5)GOLDEN ERA ENTERTAINMENT,RESORTS AND LEISURE PVT LTD 6)GOLDEN ERA PROJECTS INDIA PVT LTD INITIATIVES WWW.GERGSTORE.COM UTHHAN-Empowering Artisans
- Advertisement -

Latest News

50 shades of Dhritarashtra in Election Commission

Looking at the functioning of the grand old Indian National Congress (INC) party and the Gandhis, one has to wonder if EC has any concern for political parties' internal democracy or their integrity.

Should Marriage age of girls be increased or not: Where is Hindu voice in it?

Before taking any decision the government needs a fresh data set from different perspectives. Then later identification of the right set of gaps and needs related to marriage, pregnancy and population.

Sanatan advanced technology in temples (part-2)

The Vitthal temple of Hampi is a famous tourist attraction, not only because it is a historical temple, which has splendid architecture like the other temples, but it has also some of the wonders which are still a mystery to the world. Out of these, the musical pillars are very famous.

Recommender systems and their great baggage

What is so interesting about this term? What do they imply? Do they deserve our concern? Before we get into that, let’s dive deeper into its connection with our day to day lives.

Balkanization of a failed state: Pakistan

With over 57% of the illiterate population, no development, no infrastructure spending, soaring inflation and deficient energy security, Pakistan is a ticking time bomb.

Is caste system an integral part of Hinduism?

It is necessary to demolish the myth that caste system is an intrinsic part of Hinduism. Moreover, this myth has harmed relations between the so-called upper castes and lower castes.

Recently Popular

Is caste system an integral part of Hinduism?

It is necessary to demolish the myth that caste system is an intrinsic part of Hinduism. Moreover, this myth has harmed relations between the so-called upper castes and lower castes.

Save Hindus, save Bengali

Since 1979 the Hindus living in Meghalaya are consider a third class citizen, being the domicile and being minority religious community of the same state they have to go through a lot of unjust and equality, they cant buy land, can't get government administration jobs even can't live peacefully.

सामाजिक भेदभाव: कारण और निवारण

भारत में व्याप्त सामाजिक असामानता केवल एक वर्ग विशेष के साथ जिसे कि दलित कहा जाता है के साथ ही व्यापक रूप से प्रभावी है परंतु आर्थिक असमानता को केवल दलितों में ही व्याप्त नहीं माना जा सकता।

Should Marriage age of girls be increased or not: Where is Hindu voice in it?

Before taking any decision the government needs a fresh data set from different perspectives. Then later identification of the right set of gaps and needs related to marriage, pregnancy and population.

गुप्त काल को स्वर्ण युग क्यों कहा जाता है

एक सफल शासन की नींव समुद्रगप्त ने अपने शासनकाल में ही रख दी थी इसीलिए गुप्त सम्राटों का शासन अत्यधिक सफल रहा। साम्राज्य की दृढ़ता शांति और नागरिकों की उन्नति इसके प्रमाण थे।