Today happens to be the D-day when the ruling coalition UPA will test their strength on the floor, however last one week has been an extensive display of dirty politics, MPs forming new coalitions, few going for the govt and few against. Money and power was flowing like nothing before, so many convicts – who should had been hanged long back, are now sitting in parliament, being respectable Members of the ruling government.
What else one could ask for, when so much has happened in last 7 days, everyone has been speculating government’s number on the floor, does anyone ever thought (read politicians) how much benefit our country will extract from the Nuclear deal – if it goes through. Even if the deal gets green signal from the Parliament, it will take at least 2 years down the line to start power generation, which will only cover 6.0% of total power requirement of this big population.
And even if the Government manages to stay in power with thin majority, chances of Insurance and Pension bills to passed in parliament seems bleak, however, none of the ruling government or opposition is bothered of any reforms, they are betting on their future, election fund, and allocation of seats for coming election. Deployment of Insurance funds and Pension funds is extremely important when one takes huge inflation in consideration.
Yesterday, I was watching a private news channel, where someone quoted price of a sngle MP to be close to 100 Cr, I wonder who has sponsored so much money and from where it suddenly came from? India’s Fiscal deficit is close to 4.0%, Inflation is all time high, atleast 4 states are facing drought, and MPs are floating on huge money, just for a vote – and that too when everyone knows we will be having elections in November this year.
If someone has calculated the election expenditure for next General Elections, it should be close to 3,200 Cr for Election Commission, which is excluding what various other parties will be spending for campaign and other things. Do these politicians take note of small taxpayer, who has been waiting so anxiously to see inflation dropping below 7.0%, who has been looking at government to bring out reforms, to make sure that we have not lost 9.0% growth path we are supposed to follow.
Vivek Misra
