In 2014 when BJP government came into force, people had hope that things would change.
But even at that time, I had feeling that this government is more of "no option" government than "I choose” government. And the same conditions exists even at this point of time.
Just one face Mr. Modi, gave BJP what it wanted for years. People went crazy to vote and follow him without thinking as the phenomenon of "What is seen is sold" was in effect. The mindless media of this nation contributed to the victory and made huge profits at that time.
It is 2018 now, this government has shown almost all its cards and the people who are actually educated and don't go with the flow, can conclude whether the decision of electing this government with majority was right or not.
Three decisions that has drawn attention:
2. GST implementation
3. Make in India
Demonetisation or lack of it:
Government said this step was taken to curb black money but how? The circulation for INR 500 and INR 1000 old currency notes was stopped but to replace new 500 INR notes and INR 2000 notes were offered. How in practical life this exchange of currency notes would curb black money?
Black money involves unaccounted money gathered from tax evasion. The best way to keep the money is to keep in cash, high denomination currency notes makes it easier to keep black money.
In the demonetisation implemented by BJP govt., they retained the high denomination notes in new form and even 1000 was replaced by 2000. This move doesn't make any sense to me and few other people.
Currently, most of the people have grown their black money as the taxation system is not effective to keep track of money even in bank accounts and the old currency notes were exchanged by new.
A permanent discontinuation of INR 1000 and gradual discontinuation of INR 500 was required for effective demonetisation.
It was reported that 99% of old currency in circulation came back to bank but I think the figure is more than 100% (some fake currency was also deposited during the mess), so as a result banks are now paying interest on fake currency as well. Govt. and RBI must have manipulated the data to save themselves from shaming.
This step has however helped India to simplify the tax system for indirect taxes like VAT, service tax and excise duty. But that too was not given enough thought before implementation, the frequent changes before & after GST implementation are proofs.
Also the small dealers and retailers are still irritated with the new tax (GST), the formalities are more than the benefits offered to them. Government has definitely exempted them from registration for a turnover under specified limit but practically if you are not registered with GST, no reputed organisation would take goods or services from you. In case you get registered with GST the time, energy and cost of implementation to business are considerable.
Make in India:
This is nothing new, a statement I would give to describe the case "It’s a son born many years ago but named just now". This government and even previous government are thinking new ways to promote manufacturing sector in India. But the setbacks are no firm initiative by regional / state governments, people in India are earning focused more than innovation focused, lack of technology, costs involved in setting up a manufacturing entity, lack of knowledge etc.
You may see “Made in India” on some electronic products (Laptops, phones) but almost all of them are just assembled in India while components are made outside India.
A very good sync between centre and state is pre-requisite to develop manufacturing and service industry.
I have written to government of Rajasthan many times suggesting to make laws, policies and provide all possible help to service industry in Rajasthan. But I guess Chief Minister is busy in opening new wine shop at every street corner. She takes no stress, nothing concerns her, I don’t have exact idea how people can vote someone like her. I think it would be better to keep this for some other post.
Bullet train decision was also foolish as the nation where 1% population has more than 75% of nation’s wealth, how a bullet train would be successful with fares equal to air transport.
In budget 2018, government has increased cess rate, proposed a tax on LTCG while no benefit was given to middle class directly. Some schemes with high expected expenditure were announced involving agriculture and health but we all know how money flows from top to bottom in such schemes.
I feel population is the biggest problem for India, with new technology and artificial intelligence the problem of unemployment, poverty will reach heights. This problem would have no solution at the time it would be noticeable.
A government with a person trapped in dramas of religion, caste, “sangh” or vote bank has no guts to take steps to avoid the worst future conditions. For everything else he is dependent on his ministers and experts, who wants to make him happy. Are their minds capable enough to create resources so that the future population can survive on limited land, food and jobs?
Normal Politics is hybrid, its combination of self, rule, divide, individual, group, nation, leadership, following, faces (seen & hidden) and much more.
Indian politics is one level up as it involves caste, religion and orthodox thinking. The involvement of these factors holds back the implementation of important law and policies in the country.
To sum up my post I would say, the Prime Minister has highest education as Master in Arts, so nothing financial or economical can be expected from him without input of experts, now these experts, most of them works for money and they would not speak or stand against other ministers e.g. finance minister who are influential upon PM. And that would hurt the nation as a developing economy.
When you vote next time vote for a person who deserves to be MLA or MP in your area, no party, no person in centre, just the person whom you are voting directly, that government with ruling and strong opposition would be the best possible mix.