As Soter says Rahul, the mom's boy, is immature and bound to be confused even on simpler issues leave alone complex price rise. Even seasoned politician like Pranob Muhkorjee on TV was lost exclaiming whether growth was 2.7% or 3.7%? Montek looked worried, not for the price rise, but that the extent to which this food inflation has prolonged threatens to undermine Manmohan and atleast 20 economists stashed in his office. Marlon thinks that government contols of pre-1991 Licence Raj era are gone. They look like gone. But still firmly with politicians through proxies.....the business community. Busnessmen make money share with politicians and make Marlon think rosy by buying out media using Radias. Remember, no Ads no Rajdeeps and no Bharkhas. Give alms (NREGA) to BPL, get their votes and return to power. Why otherwise, India with mere 2% of World GDP, has....2 in top 5 world richests? 3 in top 10 world richests? 9 in top 50 world richests? Law of averages allows only one Indian to be in the top 50 richests. China with 7% of World GDP, has....0 in top 10 and 3 in top 50 world richests. China has similar demographic features as India. And all this without accounting equivalent Swiss bank riches of Indian politicos. Rajendra marlon menezes <[email protected]> said: So are you saying that India should revert back to the days of even greater government controls? If anything, it is the very lack of continued economic liberalization that is in part contributing to this inflation. Some 40% of India's produce gets ruined even before it reaches the market place.
The leftists and congress are reluctant to implement reforms because it would go against their vote banks - the mom and pop retail vendors. soter [email protected] said: Rahul Gandhi now seems confused over the rising food prices. Blaming it on the allies in government is not a mature political statement. The faster he realises that the country is paying for the disastrous adventures of the economist troika of Montek Singh Ahluwalia, Manmohan Singh and PC Chidambaram, the better will it be for the nation.
