In my last blog I have thrown some light on recession and its solution. Here I will try to analyse the byproducts of neo-liberal policies. The very essence of these policies is privatization in all the sectors except controlling the monetary policy, defense, police and civil administration. This privatization has created a nexus between politicians, businessmen and bureaucrats, who are engaged in looting the public property.
In India it started by the government led by Late P.V.N.Rao and later persuaded by Sri A.B.Vajpayee government. I do remember a press conference of Mr. Advani in USA somewhere in 1990's where he claimed that Congress government is persuading all the economical and industrial policies of his party, BJP. At that time he was happy to note, but he charged the government not to be transparent enough in implementation of those policies. We all know the result of the implementation of those policies and acceptance of DUNKAL proposals, that caused fall of that government in the coming elections in 1996.
After few years BJP led NDA government came to power in center and started implementing the same policies very rigorously and that very government sold out BALCO, Modern Food industries and Centaur hotels in throw away prices. It also sold out the shares of PSUs and divided P&T department to create MTNL and BSNL. It also demolished central oil pool and started decontrolling petroleum products resulting in increase of their prices. To decrease the fiscal deficit they started professing to decrease all types of subsidies being given to farmers and poor people. The policies adopted by that government increased the gap between rich and poor. Allegations were labelled against the ministers having underhand in dealing of public properties to private companies.
In the name of privatization the valuable minerals have been handed over to private companies who had ignored all the rules of land and broken all the norms in exploration of these minerals and exporting them in bulk as we see the iron ore mines scam of Karnataka and Goa. The sale of 2G spectrum and allotment of coal blocks are the recent scams which have cost crores and crores of Indian exchequer.
If 2G scam would have been prevented Rs 1 lac 76 thousand crores would have been made available to meet the cost incurred to give education to each and every child of the nation for 5 years. As per the government estimation 35 thousand crores is needed per year to meet this challenge.
Likewise if the coal scam of Rs 1 lac 86 thousand crores might have been prevented and the amount saved would have been spent to provide each and every citizen of India 35 kg food grains per month at the rate of Rs 2/kg for 2 years. As per the government estimation 95 thousand crores is needed per year to meet this expenditure.
Instead of doing so government has divided the poor population in BPL and APL and destroyed public distribution machinery. Crores of tons of food grains are either getting rotten and destroyed in lack of proper storage or being eaten by rats. These food grains might have been distributed among poor who are starving.
The neo-liberal policies adopted by Government of India have created two India:-
1) CHAMAKTA INDIA means SHINING INDIA
2) TARASTA BHARAT means DEPRIVED INDIA
Money generated by the hard labor of farmers and labors are being concentrated in a few hands. That's why at present India has 52 billionaires, who control 1/3rd of the country's GDP. And about 80 crores Indians are deprived of their livelihood. They are forced to survive on average Rs 20/ day.
In India it started by the government led by Late P.V.N.Rao and later persuaded by Sri A.B.Vajpayee government. I do remember a press conference of Mr. Advani in USA somewhere in 1990's where he claimed that Congress government is persuading all the economical and industrial policies of his party, BJP. At that time he was happy to note, but he charged the government not to be transparent enough in implementation of those policies. We all know the result of the implementation of those policies and acceptance of DUNKAL proposals, that caused fall of that government in the coming elections in 1996.
After few years BJP led NDA government came to power in center and started implementing the same policies very rigorously and that very government sold out BALCO, Modern Food industries and Centaur hotels in throw away prices. It also sold out the shares of PSUs and divided P&T department to create MTNL and BSNL. It also demolished central oil pool and started decontrolling petroleum products resulting in increase of their prices. To decrease the fiscal deficit they started professing to decrease all types of subsidies being given to farmers and poor people. The policies adopted by that government increased the gap between rich and poor. Allegations were labelled against the ministers having underhand in dealing of public properties to private companies.
In the name of privatization the valuable minerals have been handed over to private companies who had ignored all the rules of land and broken all the norms in exploration of these minerals and exporting them in bulk as we see the iron ore mines scam of Karnataka and Goa. The sale of 2G spectrum and allotment of coal blocks are the recent scams which have cost crores and crores of Indian exchequer.
If 2G scam would have been prevented Rs 1 lac 76 thousand crores would have been made available to meet the cost incurred to give education to each and every child of the nation for 5 years. As per the government estimation 35 thousand crores is needed per year to meet this challenge.
Likewise if the coal scam of Rs 1 lac 86 thousand crores might have been prevented and the amount saved would have been spent to provide each and every citizen of India 35 kg food grains per month at the rate of Rs 2/kg for 2 years. As per the government estimation 95 thousand crores is needed per year to meet this expenditure.
Instead of doing so government has divided the poor population in BPL and APL and destroyed public distribution machinery. Crores of tons of food grains are either getting rotten and destroyed in lack of proper storage or being eaten by rats. These food grains might have been distributed among poor who are starving.
The neo-liberal policies adopted by Government of India have created two India:-
1) CHAMAKTA INDIA means SHINING INDIA
2) TARASTA BHARAT means DEPRIVED INDIA
Money generated by the hard labor of farmers and labors are being concentrated in a few hands. That's why at present India has 52 billionaires, who control 1/3rd of the country's GDP. And about 80 crores Indians are deprived of their livelihood. They are forced to survive on average Rs 20/ day.
but where is 1 lakh 76 thousand of 2G spectrum. U saw what happened at the auction of 2G. There were no takers. The CAG report of 2G was outrageously wrong.
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