Saturday, 6 December 2014

CONFUSIONS ON ECONOMIC FRONT

                                                Since Narendra Modi came to power on May 26, 2014, the opposition has been castigating the regime for not ushering in the ‘achchhe din’. The opposition has a role of criticizing the government, but that does not mean that nothing really has been achieved on the ground.
After six months, one can find different perceptible encouraging indications on the economic front. In the beginning, onion tried to make consumers weep like one had seen in Delhi when Smt Sushma Swaraj was the Chief minister. However, the NDA Govt at the centre took some emergent efforts including an effective ceiling on its export and detrreents on its hoarding which kept the consumers smiling. The sky rocketing prices of consumer goods did not immediately go down which allowed the critics to further murmur. Once again the regime threw itself whole hog into the task and thus favourable results started accruing.
Not only the availability of household goods but their prices too stagnated for sometime and started going down. This trend fortunately continues.Prices of petrol and petroleum products which were harassing the people, have gone down at least four times under the present regime. The work culture including punctuality  in offices is a welcome change which has among others been also appreciated by the US President. If the militancy in J&K and the mischief of Left extremists are ignored, the overall social peace is paving the way for developments on all fronts. The Sunsex, roving above 28,000 mark can make the nation proud. The only objectionable angle is the losing cost of public sector shares. Does not the govt need tightening the grip over this sector? Inflation has definitely fallen appreciably but the industrial growth deserves further augmentation.

Despite this almost rosy picture, what is disturbing the people is that the real benefits of these salubrious indications are not reaching the mass in right measure. In this backdrop, we can simply pat on the back of the policy makers but at the same time urge upon their implementation wing to improve the ground level distribution mechanism.

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