Flagship scheme (Food Security Bill) of Congress towing the lines of socialism and another populist scheme to gain votes in the coming 2014 general election. The problem with the flagship schemes is that flag is waved by party to project the scheme as success but in reality ship is marred by heavy corruption and inefficiency. Political parties simply do not want to look through the issue or rather problem at hand, which is purchasing power and employment, needed by person either in town or city to purchase the goods of his/her needs. Parliament was jammed and ruckus was created on the corruption issues, which is forte of government, but none of the political leader actually wanted a debate on the point that why food security bill (FSB) is needed and how it will create corruption. They wanted a debate on implementation of the scheme but the problem lies with the inception itself, when government allow ELIGIBLE household; 5kg food grain per person per month. The monster in waiting is the failed Public Distribution System (FDS), which will open new black market of food grain like kerosene in the current scenario. It is not rocket science to understand from procurement till distribution everything will have corruption as it is free money to procure, accounting can be tampered and in distribution (FCI) it will be given through ration cards, which is already suffering from heavy corruption. Babus and bureaucrats at the top will take away their share, which is a known facts even though government will deny it, and in middle market middleman and government agent will take their share and finally the local ration unit will eat away as much as he wants. The actual beneficiaries for whom the scheme is launched will be suffering from the hunger and poverty as before and only the handful on people will get benefitted. These handful of people will become cheerleaders for the government phony schemes and will help in propagate the lies that populist schemes actually helps the poor but in reality it never helps the poor. Continue Reading more!
Posts Tagged ‘Mahatma Gandhi National Rural Employment Guarantee Act’
Tags: Bill, Congress, Economic growth, Economics, Food, Food security, India, Mahatma Gandhi National Rural Employment Guarantee Act, PDS, Politician, Public Distribution System, Right to Education, There ain't no such thing as a free lunch, Voltaire
Tags: Asia, Business, Current account, Economic growth, Economics, Government, India, Land titling, Mahatma Gandhi National Rural Employment Guarantee Act, Politics, Raghuram Rajan, Right to property, United States
For a country as poor as India, growth should be what the US calls a “no-brainer”; said by a erudite person Raghuram Rajan about economic state of India. If growth of country like India is so easy; then what happened, the growth slowed down so terribly; Prime Minister office has to inform that GDP growth in 2013/14 seen at 6.4 per cent, which anyway will go down, when final evaluation comes as government figures has a long history of being incorrect. So the question comes back again, why a matter so trivial like growth as said by erudite, is haunting India and why can’t government as big as India; cannot fix the issue of growth and put everything back on track. Government is busy giving weight and money behind phoney schemes like NREGA/Food Security bill, it will “No-Brainer”; if new scam bigger than anything else comes to hit news in recent future. Continue Reading more!