The government's slew of sops on the eve of polls would not bring them the desired results
It is not Chrismas time nor is one expecting gifts from Santa Claus. But, its poll season and the government has decided to play Santa, in the hope that Indians behave in the upcoming polls, by showing pro-incumbency traits. In less than a year after it handed over the sixth pay commission bonanza to its employees, the Centre announced a six per cent dearness hike for them. It would put over Rs.50 billion burden on the state exchequer. But, then it hopes to swing in the votes of 50 lakh employees and about 40 lakh pensioners in its favour.
So what if the Rs.600 billion loan waiver for farmers announced in last year’s budget failed to serve the purpose; the Centre has announced a slew of measures for the agrarian community in the interim budget last month. With elections approaching fast, most ministers turned hyper-active. Most Union Ministers have been on an announcement, foundation-laying and inauguration spree. During the last one month, the government has announced projects worth several billions, with each ministry vying to take the lead and pushing full-page newspaper advertisements that highlight their achievements in office.
Union Civil Aviation Minister Praful Patel laid 10-odd foundation stones of new airports or expansion of existing airports. Union Steel Minister Ram Vilas Paswan, accompanied by UPA chairperson Sonia Gandhi and Congress general secretary Rahul Gandhi, inaugurated the taking over of the ailing Malvika Steel Plant in Rahul’s constituency, Amethi. Not to be left behind, Railways Minister Lalu Prasad Yadav inaugurated the rail link to Shirdi (Maharashtra) besides joining hands with his bete noire, Bihar Chief Minister Nitish Kumar in launching a pilot project for re-carpeting of major roads in his native state. Home Minister P. Chidambaram has also laid the foundation of a Martyr’s Memorial for Bhagat Singh in Punjab.
It is not Chrismas time nor is one expecting gifts from Santa Claus. But, its poll season and the government has decided to play Santa, in the hope that Indians behave in the upcoming polls, by showing pro-incumbency traits. In less than a year after it handed over the sixth pay commission bonanza to its employees, the Centre announced a six per cent dearness hike for them. It would put over Rs.50 billion burden on the state exchequer. But, then it hopes to swing in the votes of 50 lakh employees and about 40 lakh pensioners in its favour.
So what if the Rs.600 billion loan waiver for farmers announced in last year’s budget failed to serve the purpose; the Centre has announced a slew of measures for the agrarian community in the interim budget last month. With elections approaching fast, most ministers turned hyper-active. Most Union Ministers have been on an announcement, foundation-laying and inauguration spree. During the last one month, the government has announced projects worth several billions, with each ministry vying to take the lead and pushing full-page newspaper advertisements that highlight their achievements in office.
Union Civil Aviation Minister Praful Patel laid 10-odd foundation stones of new airports or expansion of existing airports. Union Steel Minister Ram Vilas Paswan, accompanied by UPA chairperson Sonia Gandhi and Congress general secretary Rahul Gandhi, inaugurated the taking over of the ailing Malvika Steel Plant in Rahul’s constituency, Amethi. Not to be left behind, Railways Minister Lalu Prasad Yadav inaugurated the rail link to Shirdi (Maharashtra) besides joining hands with his bete noire, Bihar Chief Minister Nitish Kumar in launching a pilot project for re-carpeting of major roads in his native state. Home Minister P. Chidambaram has also laid the foundation of a Martyr’s Memorial for Bhagat Singh in Punjab.
Source : IIPM Editorial, 2012.
An Initiative of IIPM, Malay Chaudhuri
and Arindam Chaudhuri (Renowned Management Guru and Economist).
and Arindam Chaudhuri (Renowned Management Guru and Economist).
For More IIPM Info, Visit below mentioned IIPM articles.
Zee Business Best B-School Survey 2012
Prof. Arindam Chaudhuri’s Session at IMA Indore
IIPM IN FINANCIAL TIMES, UK. FEATURE OF THE WEEK
IIPM strong hold on Placement : 10000 Students Placed in last 5 year
IIPM’s Management Consulting Arm-Planman Consulting
Professor Arindam Chaudhuri - A Man For The Society….
IIPM: Indian Institute of Planning and Management
IIPM makes business education truly global
Management Guru Arindam Chaudhuri
Rajita Chaudhuri-The New Age Woman
IIPM B-School Facebook Page
IIPM Global Exposure
IIPM Best B School India
IIPM B-School Detail
IIPM Links
IIPM : The B-School with a Human FaceProf. Arindam Chaudhuri’s Session at IMA Indore
IIPM IN FINANCIAL TIMES, UK. FEATURE OF THE WEEK
IIPM strong hold on Placement : 10000 Students Placed in last 5 year
IIPM’s Management Consulting Arm-Planman Consulting
Professor Arindam Chaudhuri - A Man For The Society….
IIPM: Indian Institute of Planning and Management
IIPM makes business education truly global
Management Guru Arindam Chaudhuri
Rajita Chaudhuri-The New Age Woman
IIPM B-School Facebook Page
IIPM Global Exposure
IIPM Best B School India
IIPM B-School Detail
IIPM Links
