The present UPA-2 in general and Congress party in particular have become prisoners in the hands of India Inc.
The policies and programes of the government is being dictated by FICCI/CII & Chambers of commerce rather than the ordinary people who are the ultimate stakeholders of the country and the nations.Industrial lobbies are blackmailing the government under the guise of FDI/FII inflow it is nothing but a ploy to bring back their black money hoarded abroad.It is surprising that such seniors like Pranab Mukherjee and great economists like our Prime Minister surrender to the dictates of these self serving industrialists.whose only concern is to make profits and exploit the common man to make them richer
WHY THE PM & FM DO NOT TAKE THE ADVICE OF THE NOBEL LAUREATE DR.AMARTYA SEN INSTEAD OF IMF CRONIES LIKE RAGURAM RAJAN & MOTEK SINGH AHLUWALIA?
But for our public sector undertakings and public sector banks we too would have been in the PIIGS LIST.
In the name of policy paralysis Industrial lobbies are blackmailing the government to hand over the public sector undertakings at a very low price and make a killing later.IT IS NOTHING BUT LOOT OF THE NATIONAL WEALTH IN BROAD DAY LIGHT WITH ACTIVE CONNIVANCE OF THE GOVERNMENT
Our economy is not bad at all.Only the policies pursued by the government is wrong.We have all the resources and assets at our command to keep us strong.But the policies are favoring for the benefit of few and the wealth created are not distributed justly and fairly.Government and the Planning commission says that all those who earn more than Rs.32 per day is not poor.