Re: Indian Economy - News & Discussion Oct 12 2013
Posted: 25 Aug 2015 22:13
Somnath, the social sector schemes were a fait accompli delivered to the present govt. by the NAC loons and their masters. Removing them root and stem is what is needed, but that would be electoral suicide. I don't know how they started out but they became part of the previous govt.'s scorched earth policy when they figured out the schemes (including your favorite MNREGA) were disastrous and they were going to lose the elections.
The present govt. has done the next best thing. Tried to target them better. Instead of one MNREGA worker filing up a hole another one digs, try to use them for building lasting rural infrastructure, and so on. It's not perfect but you can hardly blame the current govt. for that.
Your comments about corruption compensating for inefficiencies are even more hilarious. Perhaps that is why you left out the part about the coal scam from my quoted post. The coal scam was the precise reason so much power generation capacity was lying idle. Way to remove inefficiencies. I guess they couldn't indulge in enough corruption in the road building sector. That's why the rate of road building had slowed to a crawl.
And removing corruption isn't the only thing different. This government actually does it's job. It has substantially reduced bureaucratic and governmental lethargy and incompetence as well. You just have to look at the number of projects stuck for ages in red tape and environmental clearances left by the previous govt. that the present one cleared in record time. Just Jairam Ramesh and Jayanti natarajan between themselves probably cost us a percentage of GDP growth every year.
My point is, your more of the same argument falls flat on the ground. If you need more examples, just read the previous pages of this thread.
The present govt. has done the next best thing. Tried to target them better. Instead of one MNREGA worker filing up a hole another one digs, try to use them for building lasting rural infrastructure, and so on. It's not perfect but you can hardly blame the current govt. for that.
Your comments about corruption compensating for inefficiencies are even more hilarious. Perhaps that is why you left out the part about the coal scam from my quoted post. The coal scam was the precise reason so much power generation capacity was lying idle. Way to remove inefficiencies. I guess they couldn't indulge in enough corruption in the road building sector. That's why the rate of road building had slowed to a crawl.
And removing corruption isn't the only thing different. This government actually does it's job. It has substantially reduced bureaucratic and governmental lethargy and incompetence as well. You just have to look at the number of projects stuck for ages in red tape and environmental clearances left by the previous govt. that the present one cleared in record time. Just Jairam Ramesh and Jayanti natarajan between themselves probably cost us a percentage of GDP growth every year.
My point is, your more of the same argument falls flat on the ground. If you need more examples, just read the previous pages of this thread.