.comment-link {margin-left:.6em;}

{Sajith M}

May 28, 2004

CMP or CPM

Don't know if the Common Minimum Program could have been more leftist.

India may not have been truly shining, but then I think it was getting close to it and doing that pretty fast.

Till 1993, the government was just a huge organization for distributing subsidies for the "poor" that never reached the poor. Then Dr. Singh changed that and the following governments tried (more or less) to reduce the government's role in things that don't concern governance. NDA was doing this particularly well.

And now the irony that under the same Dr. Singh things have taken a U-turn. The leftists have once again been able to get on with policies that they (and they alone) call "good for the poor man". They have successfully stalled economic reforms. And made sure that the taxes are going to go up and that wasteful expenditures and subsidies are going to continue.

Sure enough India is going to progress under this "able government". The only catch is that the progress would be negative.

0 Comments:

Post a Comment

<< Home