When the BJP made all those tall promises that Narendra Modi would
personally control inflation of food items, nobody understood it to
mean that he would (or could) only do so after 2 years.
The only reason inflation is otherwise somewhat under check is because
overall consumption is down and our forex outflows are reduced to that
extent, allowing some funds to flow back into India as its not
profitable to park it abroad if the rupee is not depreciating.
Sarbajit
On 7/28/14, S L Rao <raosl@hotmail.com> wrote:
> I am no admiretr of any political party but this party has been in power for
> two months. the long list given byt Mr Kapoor is due to sins of omission and
> commission committed over ten years. For example, double digit food
> inflation of two years cannot be wished away wiht a magic wand. Hoarders
> should be caught and stocks sent to market; imports should be encouraged;
> agricultural production should be restructured so that more fruits,
> vegetable, eggs, etc, that the Indian consumer (even the poorest) now want,
> are more freely available. Above all government's unbridled expenditure
> leading to record fiscal deficits, hsould be brought down. All the actions
> will take two years to fructify. Meanwhile tariffs that were kept subsdized
> by the UPA (rail fares and freights, prices of petrol, diesel, LPG,
> fertilizer s. electricity, etc) must go up, and cause one-time price
> increases. Thousands of crores spent on social schemes with huge thefts and
> wrong targeting, Amust be made more efficient, and the expenditures must be
> cut.
> Let us not forget that earlier sins cannot just be washed away by a
> "prayaschitta" of electing a new government.
> S L RAOA
>
> Date: Sun, 27 Jul 2014 15:41:28 -0700
> From: indiaresists@lists.riseup.net
> To: indiaresists@lists.riseup.net
> Subject: Re: [IAC#RG] BJP as corrupt as Congress
>
> No one disputes that actions and time are required to fix the situation.
> What one is saying is that the required and appropriate actions are not
> being taken. For instance, the real issues relating to galloping increase in
> food prices is productivity and supply management, or rather the lack of it.
> India's typical per acre productivity is only about 1/3rd the international
> averages. As for supply management, a good 30-40% of the crops perish due to
> absence of proper storage-transportation facilities, and the farmer
> typically gets only 10-20% of the final selling price, the rest is digested
> by various middlemen. The solutions lie in simultaneous and aggressive
> multi-pronged actions: at least 1/2 million micro-watersheds, reliable
> seeds, huge number of additional storages and improved transportation,
> formation of marketing cooperatives by farmers and villagers, conversion of
> produce to pre-cooked and packaged foods, abolition of all taxes and levies
> on
> packaged foods products, etc., etc. But there is no sign of such policy
> initiatives.
> There are other related issues to the inflation logjam: the extremely high
> cost of governance arising out of the highly overpaid bureaucracy,
> politicians, and the "perks" they extract from the citizenry. The grinding,
> dysfunctional, and non-functional, and often dishonest, judicial and
> administrative systems, arising out of their total non-accountability
> (except on paper). These can be rectified by appropriate downsizing of their
> salary and perks, stopping their free-loadings, making them accountable in a
> quick, meaningful and effective manner, linking of salary reviews and
> increases to performance targets (not of the type, "education for all by
> 2050" or "electricity for all by 2064", but of the type "70 literacy within
> 2 years, and 95% literacy within 5 years", and "improving the country's
> corruption index from 155 to 125 within 1 year, and to 95 within 5 years",
> etc.). Of course, part of fixing such problems is to fix the personnel by
> way of effective
> periodic blood letting by weeding out the corrupt-criminal elements by way
> of summary dismissal. There are some noises about increasing the number of
> judges, but the announcements are puny and not-multi directional.
> Of course there are many other serious issues, tens of thousands of excess
> babus, shortage of (trained, honest, and competent) police, judges, doctors,
> engineers, ...... What are the many ministers there for?
>
> Vijay
>
> --------------------------------------------
> On Sun, 7/27/14, S L Rao <raosl@hotmail.com> wrote:
>
> Subject: Re: [IAC#RG] BJP as corrupt as Congress
> To: "indiaresists@lists.riseup.net" <indiaresists@lists.riseup.net>
> Date: Sunday, July 27, 2014, 3:39 AM
>
> I have rarely read such nonsense as
> written often by Mr Roy. I suppose if I had his mind I would
> say he was in fact confessing, that he is someone's puppet,
> and could sort out economic problems that require actions
> and time to take effect. SLRao
>
> SLRao, 93431 98450, 08022275132.
> Sent from my iPad
>
> > On 27-Jul-2014, at 3:43 pm, "Sarbajit Roy" <sroy.mb@gmail.com>
> wrote:
> >
> > Now with tomatos at 100 rupees per kilo, I think now
> even some diehard
> > BJP supporters have begun seeing through the "Modi for
> PM" hype as
> > just an Ambani slogan driven through the Ambani media
> to install an
> > Ambani puppet.
> >
> > Episodes like these show how India's media and internet
> is Ambani
> > controlled to market US porn once their 4G networks are
> fully
> > operational.
> >
> > I have been told, informally, by the regulators, that
> porn drives at
> > least 40% of Internet revenue here and Ambanis want
> India's stringent
> > porno/obscenity laws changed so that Indians "consume"
> more and more
> > porn over their distribution channels.
> >
> >> On 7/26/14, Manohar Sharma <mspropertyresource@gmail.com>
> wrote:
> >> BUT WE AT THE END , WHAT COULD DO..?
> >>
> >> IT IS ELECTED BY CITIZENS OF INDIA
> > Post: "indiaresists@lists.riseup.net"
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