(Conversation between 2 friends who accidentally meet at a
mall in Gandhinagar…)
Satish: Hello(stressed)
Shankar! What a pleasant surprise. Long time man!
Shankar: Hey Satish! Hows
Veena and Kids?
Satish: Ther’ good! Hows
Shalini, 6th month right?
Shankar: No no 3rd What!
She’s going well, almonds cashews, keeping her healthy (grins). Reckon you were
(a) deterrent shopper, how come in this mall, in Gandhinagar?
Satish: Had a short
meeting here at the Secretariat today. The’re increasing our upper caps on
mobile phones to 20k. I’m planning for iPhone 5.
Shankar: Excellent! Must
be quite a feeling in switching from Nokia to Apple?
Satish: Not exactly, I’m
buying it to Veena. It is hard these days you see. But then bureaucratic perks
do bail you out in times of demanding wives! (Chuckles)
Shankar: That’s true
brother. The other day I was going through an article by a DA-IICTian.
This guy was expressing concerns over the urgent requirement of FDI
in Defense
It will protect the Government from excessive weapon and ammunition imports,
which preserves an extremely heavy stake in widening the Current Account
Deficit. Moreover FDI in defense would provide scope in exporting defense
machineries to other nations, introduce better modern technology in native
hands and generate employment for our engineered youth.
Satish: Correct brother. A
narrowing CAD can control this currency devaluation. Besides it will also
trigger improved infrastructure as a platform for indigenous production. By the
way the Government should urgently consider investing in the labor sector
infrastructure.
Shankar: Huh! Sir?
Satish: The wages
have recently leveled up in China, which remains a hub of labor intensive market in
Asia. This will attract more cheap-labor hungry MNCs to Asia. This is a golden
opportunity for Indian Government to woo these MNCs as their investment will
surely bring in Dollar inflows!
Shankar: And Dollar
inflows would help strengthening the Rupee, isn’t it? But the Government still
needs to formulate stringent labor laws and an improved infrastructure.
Satish: Mor’an that, they
need to ease up on their haywire policies. Unrequired taxes and caps on foreign
investments in SEZs (Special Economic Zones) have been a cause of concern for
interested foreign players ever since. Seems when the nation opened itself up
back in 1990s, ‘twas more of paperwork than reality. The infant industry
argument is outlawed and until the government allows foreign competition the
native manufacturers will not even frown leave aside improve.
Shankar: You’re true on
the haywire part bro. They grant
permission of international operations only
after 6 six years of domestic service in civil aviation. Isn’t this more of a corporate
decision than a public ordinance! We cannot grow and mature with a sense of
insecurity.
Satish: The SEZs demand an
urgent attention in getting improved energy sector infrastructure, better
Governmental and public support. The energy sector seriously needs reforms!
Shankar: Reforms! Did you
hear of their noble intentions of doubling
the gas prices by April ’14? This
will be catastrophic in the sense that gas runs two crucial sectors in this
nation. The Energy sector and The Fertilizer industry. Fuelling up gas prices
will either leave the gas-run power plants dormant (a huge waste of Government
investment) or it will in the most classical way shoot up the electricity
prices, the Apollo 11 way. Further Fertilizer industry runs heavily on gas
supplies. A gas price increase will shoot the fertilizer and hence harvest
prices. We cannot overlook the huge governmental subsidy in food sector, which
will simply catalyst the huge financial burden on citizens. In brief costly
electricity and costly Potatoes.
Satish: As per the latest press communique
released from the Ministry of Oil and Natural gas, fiscal year
2012- ’13 statistics clearly show a skewed utilization of the newly discovered
natural gas fields in Rajasthan. A mere 48% of the planned utilization! If the
Government is unsure of itself, they should probably auction (planned and
literal) some stake to a worthy foreign player. Make laws about exports caps
and duties and fixed domestic deliveries. Would help wonders in bringing
foreign capital, effective utilization and improved infrastructure.
Shankar: True brother,
instead Sharma and Chidambaram are busy with American State and commerce Secretaries.
They must be more concerned about immediate reforms not protracted hopes. After
all the elections are coming, they need to keep up their manifesto promises.
Satish: That they don’t
realize brother! The
useless Food Security Bill isn’t the only promise, they
made in their manifesto. But it sure is the easiest to pursue at the given
time. Food Corp. India is the most corrupt body of this country with so many
leakages that the government should request the owners of M-Seal to assist the
PDS (Public Distribution System). Increasing the pressure on the mouth of a
supply line with 108 leakages will only flood the leaking areas. The real
wisdom lies in sealing the leakages. They had promised to use Aadhaar cards as
subsidiary ration cards and carve out a cashless PDS system to remove local
level corruption. They had promised dynamic GDP growth rate, employment rate.
They had promised a tamed inflation as well in their manifesto. But it seems…
Shankar: Calm down
brother. On the sunny part, the judiciary is at least kicking out criminal and
tainted politicians from the parliament, on the call of reforming the
Representation of People’s Act (article 6 and 4). This means the new
Government’s session will acquaint many new faces.
Satish: Yeah! Let’s see.
By the way I forgot to ask, Wha’ch ya doin’ here in mall? You’re not a shopping
geek either?
Shankar: (Phone rings!!)
*Trin *Trin….Excuse me. Hello Darling!
Shalini: Why’re ya taking
so long!! This queue’s crushing my belly! Asked you to bring the cash not the
entire ATM! Now don’t tell me you met some of your officer friend and started
discussing the pathetic state of legislature!!
Shankar: No Hon! How can
ya even! Anyways get outta’ the queue, we’re going to buy Apple (riot on other
side)… I mean the iPhone Darl’. Ok just coming…Bye.
Satish: You too?
Shankar: Guess
bureaucratic perks don’t partial on provincial basis (Chuckles)…!
The author is a civil service aspirant, who loves to roams
around the myriad hues surrounding the nation and its citizens today.
The links are
provided for further reading
All expressed views are personal.
-Yognik Baghel
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