Agree with your points, although I will personally benefit from what Modi said. Don't forget that every time Modi mentioned gareeb, pichhde, peedith & dalit he always added "mahilayen" at the end. In words Modi is doing nothing that governments have not said for 70 years. Apart from mahila, every government invariably speaks for the same people - the gareeb the dalits etc. But no one has actually done anything for them.Modi will have to actually deliver if anything must change. However the signs that should get opponents worried is that he might really deliver although I bet my left testimonial that the opposition will only nitpick nonsensical stuff where delivery appears not to have happened - like deaths in ATM queuesM_Joshi wrote:It seems to me that Modi's main focus are gareeb, pichhde & dalit. His every speech is incomplete by their mention. It's fine & yesterday's schemes targeting them & MSMEs are also fine, but what about the salaried middle class which has been solidly behind Modi? He started by saying that honest people will be rewared but I'm sure there are honest people in this country beyond senior citizens, pregnant women, farmers & MSME owners. Millions of people belonging to this class were hoping IT slab cuts especially by the trial balloon floated about new tax slabs only to be taken aback by the absence of any such measure in Modi's speech. GST is being delayed, work on the 4 lane road in my town is still to start after 2.5 years, no relaxation in IT rates, etc.. Maybe we all have too much individual hopes from the guy.
/rant off.
As discussed time and again over honest people's cocktail parties - 60-80% of the "aid" to gareeb, pichhde & dalit is siphoned off because the money goes through so many intermediaries and has so far been designed to be delivered as cash. This is where Modi's ideas are disruptive, because he speaks of direct transfer to individual bank accounts. This also means that people who want to benefit will need to get a bank account.
While younger people struggling against interest rates for home loans were expecting a rate fall - the expected rate fall was seen as yet another blow by older people (who have actually experienced many such blows over decades". But Modi has taken care to increase rates for older people.
However a lot is now going to rest on how the banks deliver this. Even cash aid in the past was delivered via banks - so banks have been deeply involved in the siphoning of aid money in the past. With e-transfers this will get better - but misuse of bank accounts needs to be prevented. Aadhar liking is probably the way to go.