2013 is Very Much Worse than 1991 !!!!…A Wakeup Call For Indian Economy …

We are repeatedly told that 2013 is not 1991, the year of near external bankruptcy which put India on the road to reform and rejuvenation. The latest to tell us this is Kaushik Basu, Chief Economist at the World Bank, and during whose tenure as chief economic advisor in the finance ministry inflation stayed stubbornly high, the fiscal deficit hit the roof, and the current account deficit (CAD) went from bad to worse.

Basu told Business Line yesterday: “The economic situation is not good. India is nowhere near potential. But the gloom is overplayed. There can be no question of comparing the current situation with the 1991 situation, when we were on the brink of a major crisis. We are nowhere near that situation now.”

He is right. 1991 was an external payments crisis when we had less than two weeks’ imports worth of foreign exchange reserves at one point. This time we have $278 billion in reserves, enough for seven months’ imports.

But here are the vital differences which make 2013 seemingly worse than 1991.

ReutersThe most important difference, however, relates not to the macroeconomy, but human feelings. Reuters
The most important difference, however, relates not to the macroeconomy, but human feelings. We react more negatively to fears of anticipated loss than expectations of gain. In 1991, we were a poor country, with a very small middle class and nothing much to lose. Today, we are four times richer as a nation, and the size of the middle and consuming classes has been growing in leaps and bounds. We have EMIs to pay, increments to chase, gadgets to buy and everyday goodies to splurge on at malls. All these are under some threat.

In 1991, the economic crisis did not matter to most Indians. Why would the aam aadmi care whether you have enough forex to pay for two weeks’ imports or not? It doesn’t impact him.

Today it does. Several hundred millions of Indians are now part of the consumption story. They buy consumer goods, eat out, buy mobikes, and shop at malls. They also had, till recently, rising incomes to look forward to. In fact, the UPA’s economic mismanagement helped foster this sense of entitlement in all classes of people – from the poor to the middle classes to everybody.

Behavioural economists will tell you that human beings are more primed to avoid losses than seek gains.

This loss aversion tendency was established by behavioural economists Amos Tversky and Daniel Kahneman, who noted that “losses and disadvantages have greater impact on (human) preferences than gains and advantages.”

For the aam aadmi, 2013 is therefore worse than 1991. He has more to lose this time.

Now, to this entirely human sense of impending loss, add the broader reality, and it is not difficult to see why the rupee is crashing, the market is skittish, and people are rushing to embrace gold. In many ways, 2013 looks worse than 1991.

First, in 1991, the world was not in crisis. There was the IMF to run to, and if we took the medicine prescribed, the rest of the world could absorb our new export buoyancy. The world also had surplus dollars to bring to India for investment. This time, the world is in deep s***, and there is no one to go to even with a begging bowl. We have to rescue ourselves.

Second, in 1991, due to the assassination of Rajiv Gandhi in the midst of an election campaign, the Congress party won enough seats to manage with just a few MPs’ outside support. This time we have a weaker government at the centre with no credibility, and which is trying to hold on to power even at the cost of economic disaster.

Third, 1991 had one restaurant owner (Rao) and one chef (Manmohan Singh) cooking up a recipe for reform: this time no one knows who is running the show, and the government has so many cooks trying to rescue the economy – and arguing with one another – that it is going steadily downhill.

Consider the number of cooks advising this government on what do: one economist is heading the government; he has a band of economic advisors under Dr C Rangarajan; the Planning Commission is stuffed with another lot of economists under Montek Singh Ahluwalia; then there is finance minister who is busy drawing “red lines” on deficits without a clue on why no one is listening to him; and we now have his chief economic advisor heading for the Reserve Bank, a bank whose outgoing boss has been in constant combat with P Chidambaram. This circus is being presided over by an economically-challenged political dispensation under Sonia and Rahul Gandhi.

Fourth, the political power structure is completely different. In 1991, the centre dominated the states; this time, the states are calling the shots in politics and economic issues. Today, no single economic issue – from FDI to GST to food security – can be decided by the centre in isolation. It has to carry the states. But the Congress party is particularly inept in the way it deals with the opposition. It needed a friendly BJP to get at least some of the tougher things done; or it needed a coalition of state parties to do deals with. It has neither. For the regional leaders are the Congress’ rivals in their own states; and the BJP is the Congress’ national rival. And Narendra Modi has sent the Congress running for cover.

2013 is not 1991. It may not be worse than 1991, but it will certainly feel very much worse.

source::::::R.Jagannathan in Firstpost.com  on 20 aug 2013

natarajan

Here is A Flash !!! A Faking News …Story of One Nivesh who is Looking For AC Button in his Motorcycle!!!

Published on August 17, 2013  by Mishtik Journo  in First post

Man, who invested in stocks to buy a luxury car, settles for a second hand bike!!!!!

Mumbai. “I was about to buy an Alto car in 2010 with the two and a half lakh rupees I had saved, when this dream merchant Raj Kapoor sold the idea to me to invest in equities and buying a Honda City within two years by tripling my money,” Nivesh – a young man confided to the psychiatrist when he was brought to the clinic this morning.
Raj Kapoor is a relationship manager with a stock broking firm who managed Nivesh’s equity investments in the last three years.
It was sometime in April 2010, when Sensex reached 18000 after having fallen to the 8000 level in March 2009, when Raj Kapoor came to Nivesh and claimed that the upward trend will continue at least for the next two years.
“Not sure if it was the first day of April,” Nivesh recalled, “But I was impressed with all the graphs he showed and I decided to wait for a couple of years and convert my Alto into a Honda City.”

Nivesh tried to control his thoughts and emotions, but they overwhelmed him.
“But how did you lose money when Sensex is at the same level where it was in 2010?” asked the shabbily dressed psychiatrist who also dabbled in the markets.
“All these indices! They are opium of the masses. My shares are down by 80% and this Sensex remains at the same level!” Nivesh said tearfully, “I haven’t eaten daal tadka garnished with fried onions or Bhindi do pyaza in last two months, leave aside Tandoori Chicken! These indices are made to fool the public.”
“The final blow came yesterday when the Sensex crashed by over 700 points. Nivesh called up Raj Kapoor and told him to sell off all his shares as he couldn’t keep up with any more nonsense. He got 42000 rupees in his account, and he bought a second hand Hero motorcycle for his family of seven,” Nivesh’s friend Nipun told Faking News outside the clinic.
“This morning, he spent half an hour looking for the AC button on his second hand bike. We tried to tell him that it was a bike not a luxury car, but he refused to listen. That’s when we had to bring him here,” Nipun explained how Nivesh ended up at a psychiatry clinic.
According to latest reports, Nivesh had turned almost violent when the TV in the clinic showed ‘Bharat Nirman’ ad. He is being kept in ICU and doctors are trying to control the damage.
“I am a star performer for my company and have earned hefty incentives in last six months for the brokerage I have earned for them,” Raj Kapoor told Faking News when asked for his comments.

source :::::: FirstPost.com

natarajan

Just For Laugh !!!….”When we do not know where we are going , journey is the reward” !!!

A day after the Independence Day, the Queen’s durbar was in session.
To her left sat mauni baba with his head down and his eyes looking at his feet.
To her write sat the yuvraaj, the man who refused to grow up, fiddling with his new Apple iPhone.
Standing in front of her was the man who always wore the white veshti.

“So why is your veshti not spotlessly white today,” asked the Queen as she started the proceedings for the day.
“Oh, yesterday the wife decided to host an Independence day lunch and asked me to get two kgs of onions,” replied the man who always wore the white veshti, rather matter of factly.

“So?” asked the queen.
“Well, after buying two kgs of onion, I did not have enough money left to buy a Surf Excel sachet. You know, to wash one veshti properly takes one sachet.”

“Oh. I don’t know what this Power Man is upto. He doesn’t seem to understand that many elections have been lost on the price of onions,” lamented the queen.

“Yes madam,” replied the man who always wore the white veshti. “But he will win only if the onion prices keep going up.”

“Anyway so tell me what are we going about the rupee?” asked the Queen. “I gather this morning it even touched 62 to a dollar.”

“Rupee, rupee, rupee,” the yuvraaj said before the man who always wore the white veshti could say anything. “Robert keeps talking about them all the time.”

“Shh! Shutup,” said the queen. “Ah. I so wish that my son had married and my daughter had not.”
“Madam we are doing a lot of things to stop the fall of the rupee.”

“Like what?”

“On Wednesday I got the Reserve Bank to put in capital controls.”

“Capital controls”

“Yeah. Like Indian citizens can no longer buy property abroad.”

“That’s good. Anyway there is so much land in the country, why do they need to buy property abroad,” replied the queen. “They can always buy land in Gurgaon.”

“Like Robert, like Robert,” the yuvraaj interrupted again.

The man who always wore the white veshti ignored the interruption and carried on with his explanations.

“We also slashed the amount of money Indian citizens can remit abroad every year to $75,000, from the earlier $200,000. We have raised the import duty on gold and silver to 10%. We have also made it more difficult for Indian companies to invest abroad. All this to make sure that the demand for dollars goes down and the rupee recovers.”

“But it doesn’t seem to be helping,” said the queen. “Does it?”

“You know Ma, what this reminds me of?” the yuvraaj got into the conversation again.

“What beta?” asked the Queen lovingly.

“I recently read this lovely book called Through the Looking Glass, written by Lewis Carrol.”
“Good beta. You should read more instead of fidgeting around with that phone of yours all day long.”
“And the book had a Queen.”

“Really? Like me?”
“Yes, the Red Queen. And there is something that she says in the book that makes immense sense.”
“And what is that beta?”

“As the lines from the book go: “”A slow sort of country!” said the (Red) Queen. “Now, here, you see, it takes all the running you can do, to keep in the same place. If you want to get somewhere else, you must run at least twice as fast as that!””

“Ah, smart boy. Now I really know what is happening. We are not running fast enough. Also let the records of the meeting show that I said that. It’s such a smart thing to say.”

“Yes Madam. That’s what I have been trying to tell Subbu of the Reserve Bank,” said the man who always wore the white veshti, trying to save himself and pass on the blame.
“Call Subbu here at once,” roared the Queen.

“Yes Madam, in fact he is waiting outside,” said the man who always wore the white veshti.

So within five minutes Subbu was brought in. He looked very happy with not a care in the world.

“So Mr Subbu will you care to explain why are we not running fast enough when it comes to preventing the rupee fall,” asked the Queen.

“Madam, to be honest, there is nothing much we can do. The solution to the crisis is very simple. We need to cut down on our oil imports, our coal imports, our edible oil imports and our fertilizer imports. And I guess you know what will happen if we do that? At the same time we need to increase our exports manifold. And that won’t happen unless the physical infrastructure is improved. We need better ports, better roads and a better rail network. All this is not going to happen overnight, given that it has not happened in years. Also, Indian companies have borrowed too much money in dollars and all that needs to be repaid now. The NRIs are also looking to withdraw all the money they had deposited with Indian banks,” came a long answer from Subbu till he was stopped by the yuvraaj.

“In short we are screwed,” exclaimed the yuvraaj.

“So the demand for dollars will continue. The rupee will continue to be under pressure. We cannot sell dollars to control the rupee fall because we have just enough dollars to cover around six and a half months of imports. And that is a very low level. So we can only run to keep in the same place. In fact, we may not be able to do even that,” said Subbu, very matter of factly.

“Oh. But you could still do something about it?” asked the Queen.

“Madam, my time is up. I am going back to Telangana. I have bought a nice house in Nizamabad. And will spend the next few years watching the mythological movies of the late NT Rama Rao garu. It’s up to the Professor now,” said Subbu as he left the room.

“And why is the stock market down by more than 500 points this morning?” asked the ‘worried’ Queen again.
“Basically the foreign investors have now started to fear that we may not allow them to take their money back.”
“Oh, but why? I know of no such plans.”

“Madam, we have reduced the amount of money that Indians could remit abroad to $75,000 from $200,000. So the belief in the market is that our next step will be not allowing foreign investors to take their money back.”

“So?”

“So they are selling out of the stock market, converting their rupees into dollars and taking their money back, before we do any such thing. A similar things seems to be happening in the bond market.”

“Ah. All seems to be going wrong for me,” lamented the Queen. “I had such great plans for the yuvraaj.”
“Que Sera, Sera (Whatever Will Be, Will Be),” played on yuvraaj’s iPhone as the Queen decided to call it a day.

And finally the mauni baba woke up and said something.
“When we don’t know where we are going the journey is the reward.”

source:::::Vivek Kaul in firstpost…

natarajan

Vivek Kaul is a writer. He tweets @kaul_vivek

A for Adarsh B for Bofors C for CWG Scam !!!……

Janata Party chief Subramanian Swamy has a new line of attack for the ruling party: using English alphabets from A to Z to mark the scams that surfaced during the Congress and UPA rule in the country. So, according to his interpretation, here are the new uses of the alphabets:

“A- Adarsh scam

B- Bofors scam

C- CWG scam

D- Devas-Antrix scam

E- Employee Guarantee Scheme scam

F- Fodder scam

G- Ghaziabad provident fund scam

H- Harshad Mehta stock market scam

I- IPL scam

J- Junior Basic Trained Teachers’ recruitment scam

K- Ketan Parekh stock market scam

L- LIC Housing scam

M- Madhu Koda scam

N- Non-banking financial companies scam

O- Oriental Bank scam

P- Punjab State Council of Education, Research and Training scam

Q- Quest for gold scam

R- Ration card scam

S- Satyam scam

T- Telecom 2G scam

U- UTI scam

V-Volkswagen equity scam

W- West Bengal telecom scam

X, Y, Z

Protest and be dead,

We will cheat money even out of a pig’s bread.”

source ::::::INDIA TODAY online….14 aug 2013

natarajan

Read more at: http://indiatoday.intoday.in/story/adarsh-scam-bofors-scam-subramanian-swamy-new-attack-congress-india-today/1/299494.html

After Right to Food What Next ???!!!

Buoyed by the success of eradicating hunger from our country through the Food Security Ordinance, the government announced that it will now take on the scourge of homelessness that afflicts our citizens. The government announced a draft version of a bill which guarantees that all Indian citizens will get a roof over their heads. The Right to Housing Bill, as it is being called, calls for every middle class family to accommodate a minimum of 14 homeless people in their homes without compensation.

Announcing the measure at a press conference earlier today, the  Minister  said, “The Empowered Group of Ministers tasked with solving the problem of homelessness looked at it from all angles including factors such as total available residential area, demographics such as religion, caste, sub caste, secular status and ownership of cats. And they have come up with a holistic and innovative zero loss method of providing homes to the homeless,” leading to political pundits unanimously hailing it as the first known use of the expressions “holistic” and “zero loss” in the same sentence in the history of mankind.

Clarifying the reasoning behind the move, Minister added, “There are a couple of fundamental concepts that form the basis of this measure. The first is the notion that mere announcement of the right to ‘X’ has a magical way of making ‘X’ appear out of thin air. The second is that if an option to inflict severe pain on the middle class is available, the government must always exercise the option. We have taken these two epic concepts and mixed them up with caste and religion based quotas to achieve God level here.”

When prodded to elaborate, The Minister snapped, “Look, a lot of space is wasted by selfish middle class people who use homes as storage areas for their stuff. Tell me why middle class people need homes when they hardly spend any time there? They spend 13 hours in the office, another 3 hours on commuting on god awful roads through messy traffic and the rest of the time filling out income tax returns. They don’t even spend weekends at home. Instead, they go on road trips or to malls.. In the meanwhile, their homes have stuff and stay locked and unused. This is a scam of gigantic proportions which puts both 2G and Coalgate scams in the shade. Now, it is our responsibility as a government to question citizens on such dubious home ownership patterns which have led to much presumptive loss being incurred in buying assets and not using them in a profitable manner.”

Another Minister present at the press conference and observed going into paroxysms of ecstasy on hearing “presumptive loss,” vigorously defended his colleague saying, “The way this works, each middle class family will be forced to accommodate a minimum of 14 homeless people in their homes without compensation. If they don’t already own homes, they will be required to buy homes immediately and allow 14 homeless people to stay in them. The cool thing about this bill is that minorities,  are exempted from compliance . The Minister merely had this to say, “I’m incredibly jazzed that my re-definition of the word holistic to m ean I don’t know what the hell I’m talking about is being popularized by my colleague Minister. 

When quizzed about the impact of the measure on real estate prices, an exasperated The Minister quickly intervened and said “Obviously zero yaar. Zero. Zero. Zero. Everything is a bloody zero. How many times do I have to repeat this nonsense?”

Unconfirmed reports suggest that the government is working on an equally innovative “Right to Clothes” bill. According to sources, the bill will provide for any shirtless or dress-less person to legally and physically remove clothing of middle class people (with the exception of secularism certificate holders, minorities, OBCs and SC/STs) at any point in time and begin wearing it themselves with immediate effect !!!!  

Thank God !!!!…. At this hour Our  hero Anand  has got up from  his bed after a disturbed sleep in the night  dreaming about the Right to Housing Bill !!!!!

Now HE is praying to GOD   that his dream on the right to housing and right to clothing bills remain as dreams only !!!!   Let us also join him in his prayers…!!!!

We can only Pray … What to do !!!!!

natarajan

At 66 Mother India Gets Ready For Her 29th Baby !!!!

At 66, Mother India gets ready for her 29th baby

July 31, 2013 

Telangana: At 66, Mother India gets ready for her 29th baby

 

A TOI headline that made me laugh and cry at the same time. It’s been ages that I found something so very amusing

For the past few years, I have been seeing a lot noises, anger, riots and drama over this twenty-ninth state of India. But what troubles me more is….any guesses???

.

.

.

.

.

garfield

Our kids will have a new chapter to learn on this new state in Social Sciences:-(  When I was in school, I had to memorize sixteen states, 4 union territories and their capitals. Now our kids will have to learn about twenty-nine states and seven union territories. Which effectively means that we’ll have to learn that many more. :-/

Jokes apart, now that Congress has helped Mother India give birth to her 29th baby, I see some groups celebrating and some fighting.God knows in the coming days, how many more states are going to be created.

All I have to ask is, “Is all this helping us move in the right direction?”

Don’t  be amused by my query. I ask so, because I believe in United we stand, Divided we fallBack before independence, the Mughals and British came and divided us and succeeded in ruling. Now we ourselves are letting political parties and religious leaders divide us further. The more we are getting divided, the farther we are moving away from one another and thus increasing risks for each.

How many more divisions?

How many more blood sheds?

Till when?    

 

source :::::Reblogged from  Dew Drops  of Rekha

natarajan

 

Compensation Cheque For Rs Two !!!..Farmers “Stunned” !!!

The Haryana government has left farmers of Beri tehsil (Jhajjar district) high and dry by giving them cheques with single figures of Rs 2 – Rs 3.

Some ‘lucky’ farmers, however, got compensation in two figures of  Rs 30 – Rs 31. Interestingly, the cheques are of a private bank (Axis bank) which has a branch in Jhajjar.

This compensation dates back to 2011 when the standing crops in Beri tehsil were damaged due to water logging.

Derisory sums: The Haryana government sent the cheques to Jhajjar farmers as compensationDerisory sums: The Haryana government sent the cheques to Jhajjar farmers as compensation

“We were stunned. We first thought that there had been a mistake but when we checked with the tehsildar he confirmed that the amounts on the cheques were correct. The banks are situated in Jhajjar and the bus fare to get there is Rs 14,” said Satya Narayan, son of Hari Singh who received a cheque of Rs 2 .

This issue is being hotly debated in Haryana and has given a chance to the opposition to criticise the state government.

“Haryana  government has ridiculed the poor farmers by issuing these cheques. This is a cruel joke on farmers who lost their valuable crops,” said one MLA.

SOURCE::::mailonline India

natarajan

வறுமை கோடு …வெறும் வெறுமை கோடு !!!…

மத்திய அரசு வெளியிட்டுள்ள புள்ளிவிவரத்தின்படி, தமிழ்நாட்டில் வறுமைக் கோட்டுக்குக் கீழே வாழும் ஏழைகள் நூற்றுக்கு பதினோரு பேர் மட்டும்தான்; கிராமத்தில் ஏழைகள் விகிதம் நூற்றுக்கு 15 பேர் என்றால், நகரத்தில் 7 பேர்தான் ஏழைகள்!

டெண்டுல்கர் கணிப்புமுறையில், 2004-05-ஆம் ஆண்டில் இந்தியாவில் வறுமைக் கோட்டுக்குக் கீழே வாழ்ந்த ஏழைகள் எண்ணிக்கை 40 கோடி. 2011-12-ஆம் நிதியாண்டில் ஏழைகள் எண்ணிக்கை 27 கோடியாகக் குறைந்துவிட்டது; அதாவது 13 கோடி பேர் வறுமைக் கோட்டை தாண்டிக் குதித்துவிட்டார்கள்!

இந்தக் கணிப்புமுறையில், ஐந்து நபர்கள் உள்ள ஒரு குடும்பம், நகர்ப்புறத்தில் தலா ரூ.1,000 சம்பாதிக்கும் என்று வைத்துக் கொண்டால், (மாதம் ரூ.5,000) அவர்கள் வறுமைக் கோட்டைத் தாண்டிக் குதிக்கும் வல்லமை பெற்றுவிட்டார்கள் என்று பொருள். கிராமப்புறங்களில் தலா ரூ.816 சம்பாதிக்கும் குடும்பம் (மாதம் ரூ.4,080), ஏழைக் குடும்பம் என்ற நிலையிலிருந்து விடுபட்டுவிடுகிறது.

இந்தக் கணக்கீடு தனிநபர் நுகர்வுத் திறன் அடிப்படையிலானவை. இந்த நுகர்வுப் பொருள் என்பது பெரும்பாலும் அடிப்படை உணவுப் பொருளாகப் பட்டியலிடப்பட்டு, அவற்றை வாங்கும் சக்தி உள்ளவர்களை ஏழையர் பட்டியலில் இருந்து நீக்கி – அல்லது மேலுக்கு உயர்த்தி – விடுவதுதான் இந்த கணக்கீடுகளின் வேலையாக இருக்கிறது.

டெண்டுல்கர் கணிப்புமுறை சரியல்ல என்று பல தரப்பிலும் கருத்து கூறப்பட்டு, ரங்கராஜன் தலைமையிலான ஒரு குழுவை திட்டக் கமிஷன் நியமித்துள்ள நிலையில், அந்தக் கமிஷன் 2014-ஆம் ஆண்டின் இடைப்பட்ட காலத்தில் (ஒருவேளை மக்களவைத் தேர்தல் முடிந்த பிறகு) தனது கணிப்புமுறை ஆலோசனைகளை வழங்கும் என்று எதிர்பார்க்கப்படும் வேளையில், இவ்வாறு ஓர் அறிக்கையை மத்திய அரசு வெளியிடுவதன் நோக்கம் தங்களது ஆட்சிக் காலத்தில் விலைவாசி உயர்வு, நாணய மதிப்புக் குறைவு, வேலையில்லாத் திண்டாட்ட அதிகரிப்பு, நிதி நெருக்கடி போன்ற பிரச்னைகளுக்கு நடுவிலும் வறுமை ஒழிக்கப்பட்டிருக்கிறது என்கிற மாயத் தோற்றத்தை ஏற்படுத்தத்தான் என்று தோன்றுகிறது.

இந்தியாவில் மூன்றுவேளை உணவு உண்பவன் ஏழை கிடையாது என்பதுதான் அடிப்படை கணிப்புமுறை என்றால், பிச்சைக்காரர்களில் பலரும்கூட வறுமைக்கோட்டைத் தாண்டி அப்பால் விழுந்துவிடுவார்கள். இந்தியாவில் ஏழ்மை என்பதை இன்றைய தேதியில் வெறும் நுகர்வுப்பொருள் தொடர்புடையதாகக் காண்பது சரியல்ல.

தமிழ்நாட்டைப் பொருத்தவரை குடும்ப அட்டைக்கு 20 கிலோ அரிசி இலவசமாக அளிக்கப்படுகிறது. சென்ற ஆட்சியில் “இலவச’ டி.வி. என்றால், இந்த ஆட்சியில் “விலையில்லா’ மிக்ஸி, கிரைண்டர், ஆடு, மாடு எல்லாமும் கொடுக்கப்படுகிறது. “குடிசைகளுக்கு ஒரு விளக்கு’ திட்டத்தில் 99 சதவீத வீடுகள் மின்வெளிச்சம் பெற்றுவிட்டன. டி.வி. ஒடிக்கொண்டே இருக்கிறது. ஆண்டுதோறும் இலவச வேட்டி, சேலையை அரசு வழங்குகிறது. ஒவ்வொரு குடும்பத்துக்கும் அடிப்படைத் தேவைகளை அரசே வழங்கிவிடுவதால் தமிழ்நாட்டில் ஏழைகளே இல்லை என்று சொன்னால் அது “கேப்பையில் நெய் வடிகிறது!’ கூற்றையொத்த நகைப்புக்குரிய கணிப்பாகத்தான் இருக்கும்.

மதுபான விற்பனைக் கணக்கின்படி, ஒவ்வொரு தமிழனும் நாள்தோறும் சராசரியாக ஒரு “குவார்ட்டர்’ வாங்குதிறன் பெற்றுள்ளார் என்பதற்காக, தமிழர்கள் அனைவரையும் வறுமைக் கோட்டுக்கு மேலாகத் தூக்கி நிறுத்திவிடமுடியுமா என்ன?

நகரத்தில் ரூ.5,000-க்கு அதிகமாக சம்பாதிக்கும் 5 பேர் கொண்ட குடும்பம் வறுமைக் கோட்டுக்குள் வராது. டெண்டுல்கர் கணிப்புமுறை அதைத்தான் நிறுவுகிறது. அப்படியானால் 5 பேரும் வேலை செய்கிறார்கள் என்று கருதத் தேவையில்லை, இது சராசரிதான் எனப்படுகிறது. இருப்பினும்கூட, ஒரு குடும்பத் தலைவன், தலைவி இருவர் மட்டுமே வேலைசெய்து, நகர்ப்புறத்தில் மாதம் ரூ.15,000 சம்பாதித்தாலும் (நகரப்புறத்தில் ஒரு சித்தாள் கூலி நாளுக்கு ரூ.300) குடும்பத்தை நடத்த முடியாத சூழ்நிலைக்குக் காரணமாக இருப்பது எதுவோ அதுதான் ஏழ்மையாக இருக்க முடியும்.

அரசுப் பள்ளியில் பெரும்பாலும் தரமான கல்வியில்லை என்று தெரிந்திருந்தும் ஒருவேளை மதிய உணவுக்காகக் குழந்தைகளை அரசுப் பள்ளிக்கு அனுப்பும் குடும்பங்கள் – நகரம் என்றாலும் கிராமம் என்றாலும் – அனைத்துமே ஏழைக் குடும்பங்கள்தானே?

எந்த நகரத்தில் வீட்டு வாடகை – அது குடிசை என்றாலும்கூட – ரூ.2,000க்குக் குறைவாக இருக்கிறது? நகரத்தின் பாலங்களுக்கு அடியிலும், நடைபாதையிலும் படுத்துறங்குபவர்களை விடுங்கள். மாதம் 3,000 ரூபாய் கொடுத்து நாற்றமடிக்கும் கூவத்தின் கரையில் குடிசைகளிலும், தாற்காலிகக் கட்டடங்களிலும் வசிப்பவர்களை வறுமைக் கோட்டுக்கு மேலே உள்ளவர்களாகக் கருத முடியுமா என்ன?

என்னதான் சேவையுணர்வுடனான சிகிச்சையோ, சுகாதாரமான சூழலோ, தரமான மருந்துகளோ இல்லாமல் போனாலும்கூட வேறு போக்கிடம் இல்லாமல், அரசு மருத்துவமனைக்கு வந்து சிகிச்சைபெறும் அனைத்துக் குடும்பங்களும் ஏழைகள் அல்லாமல் வேறென்ன?

கழுதையைக் குதிரை என்று அழைப்பதால் அது குதிரையாகிவிடாது. பூனை கண்ணை மூடிக் கொண்டால் உலகம் இருண்டு விடாது. ஏழ்மையை ஒழிக்கத் தெரியவில்லை. ஏழைக்கான இலக்கணத்தை மாற்றி எழுத நினைக்கிறார்கள் மேதாவிகள்.

வறுமைக் கோடென்ன கரும்பலகைச் சாக்பீஸ் கோடா, நினைத்தால் வரையவும், தேவைப்பட்டால் அழிக்கவும் செய்வதற்கு? புள்ளிவிவரங்கள் கிடக்கட்டும். வாக்குகள் விலைபேசப்பட முடியாத நிலைமை ஏற்பட்டால் மட்டுமே, வறுமை ஒழிந்ததாக ஏற்றுக் கொள்ள முடியும்!

 

source :::::DinaMani  Tamil Daily

natarajan

The Great Indian Rope Trick and Other Illusions of Progress !!!!

Rajeev Srinivasan on how Indians are satisfied with illusions, not reality :::

source ::::rediff.com

natarajan

Indians live in a state of illusion: they believe there is progress, there is a democracy, and that the State is a benign mai-baapnanny State. It turns out that they are wrong on all counts, but apparently this political and economic theatre is quite enough as anodyne for the long-suffering ordinary Indian.

I was impelled to write this after reading ‘The Great Indian Rupee Trick’ by Krishnara at and a piece in The Economist magazine of June 13, 2011 (Big Mac index: Value Meal). Although the two disagree — the former suggests the rupee has a long way left to fall, while the latter suggests that the rupee is the most undervalued currency around right now — it is a tribute to the fecklessness of the Indian government that the rupee has tumbled so far so fast (from around $1=Rs 45 in 2011 to $1=Rs 61 now, some 30 percent).

I also happened to leaf through an old issue of National Geographic from 1988 with a story on Kerala, and it mentioned that $1=Rs 12 at that time. Thus, the rupee has, in about 25 years, lost 80 percent of its value, and quite a bit of that in the last few years (mostly coinciding with UPA 2). In simple terms, the fall of the Indian rupee reflects the lack of competitiveness of the Indian economy.

The dramatic increase in the current account deficit suggests the same thing: that there is little India makes that foreigners want; whereas Indians want to import a lot of things others make. It was blithely predicted by India’s mandarins that the rupee’s fall would lead to a surge in its exports, but on the contrary, India’s exports have actually shrunk by 4.6 percent year to year.

We don’t need to go far to understand why this has happened: it is because of pure economic mismanagement. The immense potential of the country and its people has been wasted — a colossal crime against the people and indeed against humanity, which has prevented half a billion people from clawing their way out of poverty.

Why have Indians allowed a clutch of clever political entrepreneurs to do this to them? It must be because Indians are satisfied with delusion (is that why Bollywood is so big?). They are happy with the illusion of progress; they are happy to have the illusion of a democratic republic; they are happy to have the illusion that our wretched are being looked after. In fact none of these is true, but they happily suspend their disbelief. They live in a make-believe world.

The fact is that India is falling further and further behind the rest of the world. Half the world’s poor, half the world’s blind, half the world’s sick and malnourished, are in India. Things are not getting better; they are getting worse by the day. India is regressing rapidly.

Remember how India was compared to China and other developing nations, courtesy Goldman Sachs and the convenient BRIC (Brazil, Russia, India, China) epithet? But have you noticed that these days India is increasingly bracketed with Africa — and sometimes contrasted negatively with sub-Saharan Africa, for instance in malnourishment — as the last reservoir of the world’s miseries? China appears to have decisively trounced India in the race for growth and prosperity.

There is, some argue, the effect of democracy, as though there were a democracy penalty. But this is absurd, because India is not a democracy. It is a hereditary feudal monarchy with a large set of court jesters and other hangers-on. Parliament is a chimera, or at best a smokescreen. There are what look like elections, what looks like an assertion of the people’s will. But this is a hugely expensive, elaborate charade like the Potemkin villages of Tsarist Russia.

In fact, Parliament is merely a place to park the hereditary scions of the ruling castes. Patrick French’s 2011 research (‘The Princely State of India‘, in Outlook magazine, January 17, 2011) showed that 100 percent of the Congress party’s members below the age of 35 were sons or daughters of some senior party person.

Furthermore, Parliament is just a rubber stamp. There is the gigantic Food Security Bill, which will add many a billion dollars to the nation’s budget deficit. It was enacted not after parliamentary debate, but as an ordinance, or executive order.

Similarly, a few years ago, the ‘nuclear deal’ with the US was signed by the executive without ever informing Parliament about how much was being given up in national security in return for virtually nothing.

Therefore, the Indian Parliament is merely ornamental, and a playground for the children of political bigwigs. But Indians are under the comfortable illusion that they live in a parliamentary democracy. Yes, that and ten rupees will get them a cup of coffee.

Then there is the fantasy that the Indian State is benign. And that it looks after its poorest and worst-off. Which is the alleged reason that the unelected National Advisory Council (a truly motley crew) has rammed through various hare-brained schemes such as National Rural Employment Guarantee Act, Right to Education, and the latest turkey, FSB. And what is the reality with all this spending — which amounts to hundreds of billions of dollars? The Indian State is actually a predatory State, the direct descendant of the colonial construct intended to loot and pillage.

In a March 23, 2011, article titled ‘India can’t fumble its ‘food right’ plan‘, the Wall Street Journal noted that, according to theGlobal Hunger Index, India is in the category of ‘alarming’ along with Haiti, Bangladesh, Sudan, Cambodia and Nepal. This is worse than war-ravaged Afghanistan and Iraq. The only countries were hunger is worse than India are: war-torn Congo, Haiti and Bangladesh.

Even worse, reporting on a study in the British medical journal LancetThe Economist pointed out in February 7, 2011 (‘Global Obesity: An expanding world. How men’s waistlines have grown since 1980‘) that there are only three countries in the world where people have grown thinner in the recent past (ie. 1980-2008): Afghanistan, Congo and India! That means malnutrition is endemic in India, while much of the rest of the world struggles with obesity. (Note that Congo and Afghanistan are wretched, war-torn States).

A more recent update is even more damning. Quoting the Asian Development Bank, The Economist of July 6, 2013 (‘Widefare‘) points out that of all the welfare states in Asia, India’s is the worst-performing: it has neither depth nor breadth. That is, neither is the alleged welfare net reaching a large proportion of the people, nor is the per-person welfare amount high. Even Pakistan manages to give its welfare recipients more.

So this is the reality of the welfare State: yet another figment of your imagination.

I will close with a final illusion: that of toilets in trains. Even in higher-class compartments, if you use the stinking toilets, you will notice that there is no way you can clean your bottom with dignity. There is a chained mug and a faucet, thus giving you the idea that you can wash yourself. Much of the time, there is no water. The rest of the time, you are frustrated because the chain is just slightly too short — there is no way you can wash yourself without twisting yourself into contortions, or without spilling soiled water all over the toilet floor.

The bureaucrat who specified the length of that chain — just three inches too short — is a perfect metaphor for India’s ruling classes. They have no interest in your welfare, only in giving you the frustrating impression that you can actually accomplish something, which of course you cannot.

All hyperlinks in the story are external links

 A thought provoking article by Rajeev Sreenivasan in rediff.com