Wednesday 14 May 2014

Reality Check

According to the many experts who  adorn the TV these days, Modi has appealed to the aspirations of  the youth creating hope for the future - Lower prices, more jobs, Less Corruption , a Majority controlled lack of riots, a strong foreign policy and a secure internal environment.  

The Final results are not out yet, but Princes have already become kings....

God Forbid  the Reality over the next couple of years is different from the projections,  but he's worth a try if not anything else. After so much of hard work, sarcasm, and defiance of the countries constitutional machinery, he deserves a chance to set things right - his way.  My Hope always lies eternal. Without hope we are nothing.  However a note of caution, its easier to run a state govt with a powerful majority and appear anti establishment (opposing every move of the center for political one upmanship and gain) than actually running the centre itself and having the same opposition from the states chase you and if you are in a partnership, it gets worse.


Lower Prices - El Nino effect is expected - Monsoons will be scanty- Prices can only go up. Fuel Prices cannot be reduced unless you increase the subsidy burden. You increase the subsidy buruden, defence and calamity budgets will be affected. Same with Income tax rates - budget deficits will grow and in the because of the deficits inflation will again climb - a really vicious circle. In the meanwhile traders who are the backbone of the bjp will horde away to glory minting money.

More Jobs - Manufacturing has to increase.  Land is a scarce resource and the environment is precious. Both have active lobbies and the supreme court also dragged into these tussles.  Credit is costly at approx 10 to 14 % and cannot reduce unless inflation is brought under control - and that as already explained is a very vicious cycle.

Less Corruption - one must tremendous faith in the goodness of human beings to believe that human kind can get rid of its greed overnight and ten years out of power can only increase the thirst. The Gujarat Model does provide for no or a tame Lok Pal and the central law will undergo a change to that model before it is implemented. With the media solidly behind him and his team, ceratinly there will be less corruption......identified and exposed unless until one year into his rule, he can blame it on the previous regime - a favorite pass time of all concerned in the political process.

Lack of Riots: - of course there will be no riots.  People are already scared. As Alistair Maclean famously said fear is the key.  Criticising the big man itself is a scary proposition - one is labelled as anti National and suggestions are even made that such persons  should exit the country. Reminiscent of Germany in the 1930's. The constitutional machinery itself is scared,  forget about the people. So naturally no riots. That's good perhaps for the nation and its record overseas, but  the citizens - they will continue to live in fear...but thats the just way it is...

A Strong Foreign Policy - Geo Politics is not determined by a single person or a country that aspires to dominate - its the sum of a number of factors, from economic strength, to territorial size, to defense preparedness and capacity, to allies and enemy axises. All of these point to the fact that we have to co exist with Pakistan, China, Bangladesh and Sri Lanka. We have our differences with each, just as brothers and sisters do within a family - but we have to co exist. India being the eldest brother in a patriarchal family  to will have to find a way to bring recalcitrant siblings to the table - Refusal to talk may not be an option. Firm engagement probably is. But the expectation is unfortuantely, that a Modi Govt. wil stop talking, send in troops to bring back Hafiz Saeed and Dawood Ibrahim and retake POK even as it dismantles Article 370.  That is unlikely to happen unless schizophrenia takes over.

A Secure Internal Environment - Certainly upto a point, and will be brought about by the same principle that prevents riots - Fear. the Observation machinery is likely to be strengthened and privacy reduced on the plea of controlling untoward incidents. Can we endure that for our safety. Perhaps - but for how long and to what end? 

Yes Hope lies eternal, but the much touted track record (mentioned in so many interviews especially the last one with Arnab) and the ground reality have little relationship to the hope generated and that is what worries an ordinary person like me as it should you...

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