Sunday, December 14, 2014

An Open letter to the FM


Dear FM…,

Arun Jaitleyjee….,


We have already been facing a deadly crisis..., perpetually during the past decade… that was further driven by the constant increase in the rate of Un-employment, which only further weakens the creation of demand factor in the domestic market resulting thereby in gradual crumbling of a viable business environment.

Well…, Now it is a vicious cycle, the Government that was trying to move out gradually from the socialistic pattern of society to a more open market economy so that the market forces could possibly take due care of all parameters of the Indian economy……, But…

But the ground reality turned out quite different from the theoretical expectations of the first Economist PM of the country. Subsequently what followed has been sharp increase in the rate of hyper-inflation, the gradual increase in fuel prices further added to the crisis and also the widespread growth of the economic criminals who abused all the by-laws of the so called liberalization of the Indian Economy with the spineless Government paying zero attention on any kind of strict legislation to curb the illegal activities’ of the economic criminals so as to keep the rate of growth inflation under check. This further gave rise to the growth of crony-capitalism…!

It was obviously followed by reduction in the activities related to the growth of Infra-structure because of growing corruption, heavy increase in the project costs due to the terrible increase in the prices of the real estate industry coupled with the sharp increase in health care / pharmaceutical industry , communication and hotel industry; all these factors lead to the gradual crumbling of manufacturing sector, followed by the increase in the rate of un-employment, and we have reached a blunt end where the Demand factor in the domestic market is now at its lowest ebb ; a factor that is of prime importance for the revival of any economy. Hence the state of the economy of Bharat has been completely ruined beyond any scope of possible repair in near future. The net result is that the backbone of the common masses has been completely crushed..!

With the Government agencies completely unsuccessful in curbing inflationary tendencies prevalent in the real-estate industry, as well as consumer product industry and the pharmaceuticals’; the business community has also added fuel to fire. They have misunderstood the fundamentals of the liberalization of the economy and have started charging very high rate of profit margins at the retail and wholesale level.

The irony of the fact is that the manufacturer or the farmer doesn’t earn as much as the ordinary trader whether he is a wholesale dealer or the retailer. There is no check on the percentage of marginz that are being charged by the these dealers’ at the wholesale and retail level so much so that all kinds of checks and balances being imposed by the so called imported Economists in the country who have been trying to execute all kinds of economic formulas to control the economy thru macro-economic measures’ have completely failed. It is high time that the charging of abnormally high rates of profits by the trade and industry should be declared as an economic offence against the State and the people at large.

The end-result of encouraging crony-capitalism is that the common masses are wilting in the rage of struggle for survival and the haves are minting money while the economy is plunging into perpetual darkness. 

The country doesn’t need a gentleman like the erstwhile PM but instead a hard task-master who could put tight legislative controls on the present open-ended loot being sponsored by the trading community without any fear of being taken to task. The trading community doesn’t constitute even 3% of the total population but the common masses that are affected terribly constitute more than 65% of the population. This is the vote bank that voted your party to power with the fervent hope that your Government will bring some pragmatic changes in the economy of Bharat as a whole.

Remember…, Unless a proper legislative check is not applied on these traders at all levels, the common masses will continue to suffer, physical demand for commodities will never increase, sales will go down continuously, which will badly effect the manufacturing sector and hence further increase in the rate of unemployment…!!!

Hence curbing of all kinds of activities of the economic criminals that has been the root cause of the acute spike in the adverse growth trajectory of artificial inflation and also fixing the margins of the traders whether belonging to the consumer product industry, industrial product industry, pharmaceuticals or the real estate and that too both at the retail and wholesale level, a policy that was adopted and propagated by Chanakya is the need of the hour. 

THE FM needs to arise, awake and stop not till thy goal is reached









2 comments:

  1. Arvind Kejriwal’s Dramatic Win ,
    In the State Elections of Delhi, 2015

    It is a universal fact that in a democracy a person who cares for the sensitivities of the masses, a candidate who cares for the needs of the poor and the downtrodden, a leader who takes pains to bother for the development of the quality of living of the people, a leader who is not corrupt but a selfless administrator who only has one mission and that is to bring about all round development of his constituency whether it is a block, district or a state irrespective of caste, creed , religion or sex; a leader who strives to build a strong economy through rapid industrialization, increase the avenues for employment in his constituency, pushes for building a better and world class infrastructure that is conducive for rapid industrialization and economic growth would always be approved by the masses and voted to power by the electorate.

    Normally these are the ideal parameters on which the common voter is supposed to measure the performance of His/Her candidate when He/She visits the Ballot Box to cast His/Her franchise.

    Well then how did the New/Opposition party, manage to win around so many seats in bulk when they had not contributed even an iota towards the development of the state?
    This a billion Dollar question now…?
    This is all the more surprising as to what are those parameters’ on which a section of the populace felt that they need to replace a caring and successful leader like “Narender Modi” with those who are yet to prove their credentials.

    Well, it seems you have not yet understood the subtle psychological nodes related to the sharp sensitivities and expectations of the biggest and the strongest constituency of the Democratic economy of India...!
    It is the “POOR MASSES” irrespective of any division on the lines of so called caste, race, religion, sex or creed...!!

    The person or the party who attends to the sublime needs of those masses will only win with majority in this democratic set up.
    This article was well timed and an alarm bell raised two months in advance but you did not bother about it...!
    The rate of inflation at the consumer level is still unchanged;
    The traders are making a hay day, especially at the retail level;
    The rate of un-employment is unchanged;
    You dared to allow the pharmaceutical Industry to charge rates as per their whims and fancies because of the undue pressure of the western nations.
    There are many more goof-ups...!
    There is no fall in the prices of real estate industry….!
    There is no visible impact in the rate of Corruption at the ground level..!

    I repeat, the net result is the continued crushing of the backbone of the common masses who had already been completely humiliated and crinkled on account of rising hyper-inflation in all sectors of the economy, rising rate of un-employment and ever increasing corruption because of the earlier ten years of misrule by the Congress ; and this faction of the common Man was not provided with any visible relief by any of the so called or so claimed actions of "ACHHE DIN AAGAYE" during the past six months...! The degree of hyper -inflation, continued rise of un-employment among the youth and no visible change in the rate of corruption at the ground level were the main cause of worry to maximum portion of the constituency of the poor masses...!!!

    If you feel that the prices of petrol had come down then the people of Delhi are not fools. It has the biggest rate of literacy in the country. All know that it was because of the international prices falling down. Moreover there was no fall in all those prices of daily needs that had correspondingly shot up in the past with the rise in the crude oil prices. The common man was being subjected to a common belief that the prices of the thousands of consumer items were going up because of the raise in oil prices. But at the ground level there is no respite to the common man who is un-employed or under-employed with limited resources of income and is struggling hard to meet his end meet. …!!!

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  2. Contd......

    I don't want to comment on your handling of your own party affairs but yes, if you have still not understood the aspirations, desires, sublime expectations and wants of the common masses in India then...., May God bless you with some grains of “Subudhi”…!!!

    The political observers, analysts, philosophers and thinkers now have a beautiful case study whereby they need to enlarge upon the list of parameters that any leader should possess or qualify to impress upon in order to be a successful politician. They need to research upon the needs and desires of that cross section of society/electorate who have managed to think beyond those ideal parameters to select a good leader who cares for their development. Definitely it is also a universal fact that in administration one cannot satisfy everyone.

    But here the opposition has managed to garner maximum of the seats which is really surprising. It only goes on to prove that there is a school of thought in any and every electorate of a democracy that doesn’t measure the qualities of its leader on the plank of established standard parameters of development of the economy and the constituency but on their meeting their personal interests which are beyond the established norms. Well in a democracy we may question the standards of performance of a leader but no one can question the choice of the parameters’ set by the electorate at their personal levels beyond the established norms.
    Hence the need for study of wider dimensions of the yet unexplored stages / postures of the Dance of democracy…!!!

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