By Sunil Dang, Editor-in-Chief
In the latest edition of the FIFA World Cup, minnows and underdogs have delivered an unexpected performance decimating the age old dominance of soccer giants like Brazil, Argentina, Germany, Spain and Portugal etc. In fact, Italy failed to qualify for this World Cup Soccer. Such upsets ring a bell of the upsets in international polity over the last couple of years too, which have witnessed Britain leaving the European Union and underdogs like Trump come into power. However, my question is, whether this league of new leaders possess the knowledge and vision that can sail their nation to growth, prosperity and safety? It is pertinent that the voters keep in mind that history may repeat itself but it can’t be re-written.
Poll drum for 2019 has begun after the ‘grand meeting’ of BJP president Amit Shah and Bihar chief minister Nitish Kumar in Patna. Amit Shah flying down to Patna for this meeting backs report about heavy anti-incumbency brewing against the Narendra Modi government on ground zero. As three state elections — Rajasthan, Madhya Pradesh and Chhattisgarh — are to happen in next three month soon followed by the general elections, BJP president has started to work to negate this anti-incumbency against Narendra Modi. Are the opposition parties talking of the ‘grand alliance’ in shape to take advantage of this political scenario at grass root level? Whether the ruling or opposition parties are able to use to their advantage this political doldrums among the voters is in the womb of time but as per my reports and experience in media, I am expecting a remarkable 2019 verdict much like that of 1977, 1989, 2004 and 2014.
When Narendra Modi came to power in 2014, he emerged as champion of environment and hygiene that got reflected in his missions like Swachch Bharat Abhiyan. In fact, not a single whisper came out when the central government levied Swachch Bharat Cess. However, this mission of the PM got a jolt when the Supreme Court slapped fine on 10 state government and 2 Union Territories for not filing their affidavits on their policies for solid waste management system. The top court of India observed that when state governments do not obey the laws framed by the Parliament, how they will care about the rules. But, this whole episode begs a special mention of the Delhi-NCT Lt. Governor, Anil Baijal, whom the Chief Justice of India Deepak Mishra reprimanded for ogling into the elected government’s orders and burring Delhi under heavy mountains of garbage. Now, it’s up to Baijal whether he continues in office or resigns after being exposed by the Supreme Court of India.
Bankruptcy Act has been passed with a hope that it would contain the rising NPA of the public sector banks. Hopefully, it would help the Indian government to stop fugitives like Vijay Mallya, Nirav Modi who run away with public money through hobnobbing with bankers. Another urgent matter is the inability of the government in converting the boom at dalal street into meaningful increase in employment. If the Indian economy has become sixth largest economy of the world, then why it’s not getting reflected at the lowest level of the social structure? It’s because majority of the Investments in India are portfolio investment, which can be stashed or fished out overnight. I Institutional investment is considered to be a concrete and strong economic indicator of foreign investment. Such investment creates jobs and help maintains sustainable growth and hold the potential of reaching even the last citizen of the nation. Hence, there is strong need for the government to focus on the job creation and institutional investments. Mere talking about the loans given out through Mudra Banking won’t help their cause without giving data about the performance and health of these loans. And this can happen only when there will be a strong loan monitoring system.
Apart from economy, the Modi government also needs to focus on the business of the parliament. In last few sessions, it has been found that even the government doesn’t want parliament to function. In such a scenario, respective speakers had to send letter to various party leaders, which is disturbing. The central government’s job is not only to look after the economy and business but also the parliamentary business.