Shiban Khaibri
Investors often lose perspective and the investing calculator can show wrong maths and for being a good investor, one needs not to necessarily be a genius but lot of diligence and hard work is mandatorily required. It seems just like a farmer doing activities from one harvest to the other as his or her nature of the job warrants, similarly majority of the Indian politicians are concerned only with from one election to the next due . The intervening period is not positively and purposefully spent particularly on serving the people of their respective constituencies by the politicians but incessantly be on the hunt rather prowl to see where the government slightly flawed and how otherwise it could be projected to have flawed and how to magnify and inflate it. If there is some sort of minor discomfiture with any sort of reform (problem)felt by a section of people , almost all opportunist elements, mainly political ones and design journalists jump into only to watch the spectacle and fuel it even if it may harm the country’s economy , make peoples’ lives miserable, bi-lateral relations with some important country may be severely strained and the like.
The opposition ,more or less, thinks that by opposing everything which the Government does, they could kill two birds with one stone . First, to enjoy sadistic pleasure in respect of the embarrassment caused to the Government and the sufferings of the people and two- to gain public support of whatever magnitude on feigning how best they could have done instead, had they been in power , with the only aim of converting the anger against the Government at their behest into votes. It is another thing that the habit or compulsion of lining up on railway tracks during mornings with respective “lotaas” of water by thousands of people, these politicians all the decades in power could not stop providing alternatives but out of power they can manage to ”push back” China within 15 minutes. Everything should be opposed and projected as anti people, pro- corporates, pro-Ambani and Adani like with host of other mischievous rhetoric. In 2014 , Land Acquisition Bill should be opposed but canals should be built for irrigation, hospitals and schools should be opened and infrastructure should be erected and should be done without touching land and only in thin air and that too should be opposed if these parties really want to be known as opposition parties.
Likewise, great monetary reform of demonetization should be opposed tooth and nail and turn the temporary hardships of people in converting their old currency into the new legal tender, standing in queues, into an opportunity to bake their petty political loaves . So much was the act projected by the opposition parties in negative sense to the extent of scaring the Indian public that it was pitched to be cutting at the roots of consumption and economy that they expected a bumper harvest of vote dividends in 2019 general elections against their political investment of propagating against it but alas, they were deeply disappointed and their hopes got dashed. It is another thing that the authorities on Economics -the Nobel Laureates – French Economist Jean Tirole ,American Economist Richard Thaler and Bangladesh Economist and founder of world acclaimed Grameen Bank Mohammed Yunus hailed the decision and congratulated Prime Minister Modi. Soon after the historic decision , 20 crore Indians from Uttar Pradesh endorsed the decision by voting for the PM and his political Party in Assembly elections followed by massive mandate in 2019.
If rural and vast unorganised sector of India came into the banking fold which came handy in eliminating the modus operandi of ”reaching only 25 paise of every government Rupee up to the targeted sections” as lamented by Late Rajiv Gandhi who could do nothing in the matter despite having an unprecedented huge majority in the Parliament, but only Ambani and Adani are ”benefitted”, then what could be said about such stereo type, oft played and repetitive narrative by Rahul Gandhi and others.If the hidden move of the government was to end corruption which is rampant in this country, black money which almost was running a parallel economy and terror funding , should it be opposed or supported but when even our former Economist PM describes demonetization as ”organised loot” then we better study not such type of Economics.Nobel Laureate Richard Thaler had described the move as ”a good start on reducing corruption”.The elements of monetary system being a cash less system as a boon which contained corruption was contested by most of the opposition parties and the opposition was only on the ground that it was brought in by Narendra Modi Government.
After demonetization, the single tax regime of GST though initiated by the Congress government but reshaped , streamlined and implemented by the NDA Government must be opposed and misinformation and deceptive narrative spread to generate discontent and fidgeting among the business community although the GST rates have been rationalised from time to time by the GST Council in order to see the business adjusted with these changes so that any reduction of rates, the benefits were passed on to the consumers. Uniformity in taxation process and centralised registration brought in by the GST regime too are still vehemently opposed since it was brought in by Modi . In that opposing,even if the country’s interests are undermined and substantially eroded does not matter to these critics of opportunism.
Needless to add, after that The Muslim Women (Protection of Rights on Marriage) Act 2019 popularly known as Law against Triple Talaq was sought to be exploited and opposed with an eye on vote Bank although larger sections of Muslims especially the women welcome it. The opposition was again deemed to be a political investment for 2024 general elections although the fact is known to everyone that even Supreme Court of India declared triple talaq which enables Muslim men to instantly divorce their wives as totally unconstitutional way back in early 2017.Citizenship Amendment Act (CAA) passed exactly the same time last year seeking to provide citizenship to non -Muslim groups living the hell of life in and fleeing religious persecution from Pakistan, Afghanistan and Bangladesh which used to be parts of this country before, came as a zabardast opportunity to the political parties like Congress , TMC, AAP and others not to speak of disruptive and tukdey tukdey gang forces. If this occasion was not cashed by these forces , how could it be possible to unseat Modi , if not presently , at least in 2024.It is strange that holding the National Flag and invoking constitution and democracy and what not, the Act passed by the Parliament under the provisions of the same constitution and democracy was sought to be opposed and in the garb of opposing, we witnessed provocative slogans (as ”right” under democracy)including Jinnah wali Aazadi. In short, that experiment and investment of these forces again failed .
What next – kept them engrossed in waiting for another opportunity which came in the shape of three landmark agriculture reform Acts which seek to end the hereditary monopoly of traders , middlemen and other unwarranted seekers of ”my pound of flesh”. The new Laws being entirely in favour of the farmers’ interests is fairly well known to those politicians who see in the generated unrest in a few thousands of them in Punjab, Haryana and a few border areas of UP and who for the last one month, are ”agitating” but in a well-planned and with somewhat comforted paraphernalia but largely in a peaceful manner except an incident or two in Udhamsingh Nagar in Uttrakhand and Bathinda etc in Punjab on December 25 on the occasion of the birth anniversary of Atal Bihari Vajpayee .So long as the said farmers’ agitation fuelled by the Left , the Congress , the Aapians and all those whose monopoly was going to end by exploiting the farmers’ interests, remained peaceful and so long as provocative and uncouth slogans were not raised and above all ”new born political farmer leaders” were kept out of their protests , they would be getting some support from the public who are otherwise put to great disadvantages by blocking roads etc.
Now it is ”now or never” for all those political parties who are behind the stalemate or were not willing or letting some agreement be reached between the Government and the farmers. The Left still daydreaming the political changes through Marxian obsolete peasants’ and workers’ uprising and getting to power, the Congress though promising the same laws through election manifestos, see in the protracted agitation as the immediate way to recapture power as, perhaps, the farmers with good voter percentage may vote again for them in 2024 ensures that “Kissan Wapis Nahin Jayengey” as per Rahul Gandhi who has ”toiled” to get 2 crore signatures of farmers (not knowing from where)to present to the President. The dilemma of Congress is that their traditional Vote Bank is now well managed by Owasi’s party and so is the case with the Didi who is upset over the vote bank being likely to be fully owned by Owasi and other electorate going to be with the lotus. No wonder she has not allowed the Bengali farmers even to avail Rs.6000 cash facility under “Kissan Samman” Yojna wherein amount of Rs.18000 crore stands credited in the accounts of 9 crore farmers . She has denied the benefit to Bengali farmers simply for the reason that Modi may not get any credit and become more popular with the people in West Bengal and his party getting votes to rule from 2021 there. All such types of political investments are frantically made by most of the opposition parties for trying their luck in 2024 general elections but shall their such investments give them any dividends, most political analysts’ fingers might be crossed. Indian people have grown more matured over all these years and can differentiate between good investment and ”bad” investment – political et-al.
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