Sign In / Register
Make This My Home Page | Feedback |RSS
You are here: IE »   Story

Just say it

  • Print
  • Mail This Article
  • Comments
  • Add to favorites
  • There are aspects to this pragmatic-reformist Budget that don’t make sense. Its rhetorical shyness is one such. Yes, the purpose of the Union Budget is to map out the Central government’s plans for revenue and expenditure that require Parliament’s acquiescence; the argument that, thus, the finance minister while presenting it need not steal other ministers’ thunder by announcing “their” reform-friendly projects has been made, and understood. But that, alone, might be insufficient to explain aspects of Pranab Mukherjee’s 2009 Budget speech. Then there is the other argument: that subtlety about reform is politically expedient, and the way that actual reform will get done. That may not explain it either. But the argument deserves to be dealt with.

    It is time the government internalised the fact that boldly spelling out the case for reform is not going to be politically disastrous. If it believes that the response to the National Rural Employment Guarantee Scheme, or to other social sector schemes it may have laid out in UPA-I, was what gave it another term, then the obvious point is: are those not the by-products of reform and growth? There will not be a single rational voice in the government that would disagree. Are those voices so unsure of their political prowess that they feel they cannot sell a product that people desperately want — a better, more efficient government assisting them more effectively — to the people that want it? Surely not.

    Ads by Google

    Then why this shyness about talking reform? There appears to be no hesitation in repeatedly praising Indira Gandhi’s bank nationalisation, which was disastrous for the three decades before the crash of last September (and still holds India back); why not come out and praise the 1991 Budget of the current prime minister as being the root cause of the vast increase in living standards for India’s electorate? There are few voters that will disagree that they are much better off than they — or their parents — were in 1991. Not taking credit for that is puzzling politics. The Congress’s commitment to the social sector and to rural India has been expressly spelled out. The party must now make the case, outside and inside its own councils, that commitment to the social sector and commitment to bold reform nowhere, no-how contradict each other. Come out of the closet, make the assertion, win the argument: reforms are about the aam admi.

    Spot on! By: Shirish | 09-Jul-2009 Reply | Forward The editorial is spot on, and not capitalist media backed as some cynicals would like us to believe. What is neo liberal reforms? It was a term coined by Prakash Karat
    Is recession a sign of weakness?By: Natarajan | 08-Jul-2009 Reply | Forward All major, well developed economies go through period of recession. This is normal, not a sign of weakness. N.Korea is not feeling any pressure of the current recession. Does that mean N.Korea's system is better? Cavemen never had to go through recession either... but their economy consisted of stones and rocks. Let us not diss the western economy. They have accomplished a lot and are having a momentary hiccup. If at all, we should learn from their success and mistakes and incorporate an efficient market economy. We need to unleash the imagination and entrepeneurship of a billion people.
    Shekhar GuptaBy: Prasad | 08-Jul-2009 Reply | Forward Shekhar Gupta seems to be in a tearing hurry to please the congress or its high command. But he should realise that applauding reformers of 1991 means not only applauding MMS but also the crafty and learned then Prime Minister Mr Narsimha Rao. He should get the due credit which he deserves. Why only MMS. MMS was just a cabinet minister in Rao's cabinet. I request Mr Gupta to go slow. Sooner or later he will get some important position because all along he has tried his best to please Sonia and with good efforts.
    just say itBy: thikal | 08-Jul-2009 Reply | Forward Pranab Mookerjee's intention in praising Indira Gandhi was to counter the propaganda of the Left parties that it was they who saved India and Indian banks from collapsing at this time of global recession. In his introductory statements Pranab Mookerjee had said that the Govt was determined to speed up the economic growth and bring it up to the level of 8 to 9%. He might not have announced a slew of disinvestments and reforms, but the intention to accelerate the economic growth was very clear.
    BE CAREFULBy: Anand | 08-Jul-2009 Reply | Forward Those who professed neo liberal reforms during their tenure like the BJP are now licking their wounds. They were taught the right lesson by the electorate. The Congress better learns the right lessons and do not take into such editorials by the Capitalist backed media like the Indian Express.
    Post a Comment
    Name:
    Email:
    Title:
    Maximum characters allowed     
    Comment:
    TERMS OF USE:
    The views, opinions and comments posted are your, and are not endorsed by this website. You shall be solely responsible for the comment posted here. The website reserves the right to delete, reject, or otherwise remove any views, opinions and comments posted or part thereof. You shall ensure that the comment is not inflammatory, abusive, derogatory, defamatory &/or obscene, or contain pornographic matter and/or does not constitute hate mail, or violate privacy of any person (s) or breach confidentiality or otherwise is illegal, immoral or contrary to public policy. Nor should it contain anything infringing copyright &/or intellectual property rights of any person(s).
    I agree to the terms of use.