What's Happening?

The level of hierarchy in an organization is designed such a way that decisions taken by the higher most will affect whole organization. On similar lines, the decisions taken by higher most people in government will have humongous effect on our lives. But in last five years, the acts of central government can be written as bestselling book by chetan bhagat. “5 point someone-what not to do at parliament?” Though the original 5 point may refer to something else, let’s speak about the points which are crucial to our economy and what our beloved government did to it.
 

1. Agriculture:

Just when we are thinking that congress is doing a commendable job uplifting economy, continuing reforms, GDP growing at 8-9%, it brought MNREGA. Since 2006, the budgetary allocation of it is 2, 05,500 crores –yes!! Figures do exist more than 2G scam. But what will they do in MNREGA? In my village they’ll clear bushes along canals every month, which usually can be done with a single match stick. They’ll remove mud from ponds in a month just to fill them again next month. They’ll work for 1-2 hours, get ₹100 and go home.

People got habituated that they stopped working for farmers. Even Rahul Gandhi wouldn’t think that there will be labor shortage in India, but there is now. Labor in agriculture doesn’t require skills to fabricate VLSI chips. There is lot of man force available, but not willing to work. This lead to situation that farmers fear to cultivate crops like groundnut which are extremely labor dependent. Farmers are forced to pay extra from the marginal amount they are earning. Whom should we blame? Agriculture in India possesses too many problems that MS Office will keep a limitation documenting it.
 

2. Manufacturing:

            In manufacturing, mining sector’s growth rate became equal to meaningful statements of Digvijaya singh – they are negative! SC banned total iron-ore mining, thanks to our “Gaali Bros”. In pursuit of becoming Warner Bros of mining industry they made whole mining industry Lehman Bros. We can’t blame Supreme Court on its decision as exploitation is extremely high. India, Country very rich in iron-ore deposits is actually importing iron!

            What ever the electronic goods we see around is either made in china or Thailand. Don’t we have demand? My university is fair enough for dell to open a permanent service centre there. How many electronic manufacturing centers exist in India? In clothing sector even Bangladesh is exporting more than India! If Bangladesh and Thailand can….can’t we?
 

3. Infrastructure:

            The word Infrastructure development is being spoken since my grandfather’s childhood, which I think will be spoken till my grand-children’s too. Recently govt. cleared 1.83 lakh Cr infrastructure projects which are pending from a quite long time. But why now? Clear it after Rahul Gandhi became PM, and then you can give at least that credit to his malnourished resume. You guys are sitting on files to such extent that instead of hatching chickens, they are becoming menu list of KFC. Dedicated freight corridors, increasing cargo handling of ports and UMPPs are not occurring even as our day dreams.
 

4. Services:

            The only pillar which is partially not yet blown away by government is services. Thanks to the IT boom and forward looking policies of S.M.Krishna and Chandrababu Naidu. Services is to India is what manufacturing is to China. But china used manufacturing to transform itself into economic superpower. It is giving china a huge fiscal surplus and Forex reserves. What we are using our service sector for? Since 2006 it is IT exports which are compensating for our ever increasing appetite for gold and Oil. Instead of becoming a main warrior of our economy, our Service sector is healing the wounds like CAD and imports of other main warriors of manufacturing & agriculture.

            We are not asking to build these four pillars of our economy with Silicon Carbide, but at least use cement instead of silicon dioxide.