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:
1. Demonetisation.
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.
GST implementation:
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 more earning focused 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, fan 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.
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