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What Modi Must Do Now - Part 2

In my previous editorial, I had written the first of a two-part editorial on what must Modi do, now that he's in power. In that editorial, I had suggested that Modi must first focus on transforming the judiciary, improving education and healthcare services, and initiating employment generation schemes and slum-removal schemes to give people dignified existence. Continuing with that, here is the second part of my editorial on what else must Modi do: Legalizing Black Money I have suggested this in the past too; and shall suggest it again verbatim – we should legalize all the black money stashed abroad by structuring a consolidated tax payment of 10% on the black money amount. To sugarcoat the offer, even this 10% could be taken in five equal annual installments of 2%! But this has to be with two key riders! The first one is that the government must ensure that it takes persuasive and decisive action to recover the black money stashed abroad from day one. In this, the government shou...

What Modi Must Do Now - Part 1

So now, Modi is finally there! And if I foresee it correctly – he being a man of action, ambition and humility – he would continue to be in power for at least for 10 years, and perhaps for 15 years! That means he has enough time to completely change India and its history. Since the list of must-dos for Modi is very long, I shall write them in two parts; with the first part being presented in my editorial this week, and the second part in the next week. I've written about these in the Alternative Budgets that I have presented in the preceding years, and they have only gained in importance with each passing year. So here are the first set of key points that Modi needs to work upon immediately. Transform the judiciary Modi's first priority in an environment of people being fed up with corruption is to transform the judiciary. The Jan Lokpal Bill was given its silent burial with a manipulative and flawed bill. As it is, even at its best, the Bill would not have been successful to ...

BJP will have a lot to thank RSS and Mohan Bhagwat for!

It's like a holding company and its subsidiaries. Very often, the holding company asks its subsidiaries to run their business their way, and thus appoints CEOs, gives them targets and then does quarterly or annual reviews! In the same manner, RSS (Rashtriya Swayamsevak Sangh) used to look at BJP as its subsidiary, even when BJP won elections the last time! At that time, BJP was more or less independent as RSS gave much autonomy, hoping that Vajpayee would stick to the principles of RSS. However, Vajpayee became more populist and RSS was not necessarily the most satisfied with him always. Insiders in RSS believe that BJP went out of power because RSS principles were not followed properly by Vajpayee. Despite that, RSS followed its style of looking at BJP as just another subsidiary and gave it reasonable autonomy. In fact, the RSS has always called itself a social movement and never a political party. Its aim has been to build a robust, democratic and free India since 1925. It be...

India doesn't need politicians at all - give us just Raghuram Rajan and we'll make do!

What is the role of a ruling government, after all? I'm sure my answer doesn't consolidate all views, and might even be considered too simplistic for the eco-politico geeks; yet, aren't the elected group of politicians in any democratic nation supposed to ensure that there is continual social, economic and cultural uplifting of citizens through dynamic, focused and objective oriented policies and measures? If you agree to this, then you would also agree that on each and every such aspect, Indian politicians have had minimal and insignificant contributions, if not nil. India's pockets of improvements have either occurred because of the spirit and perseverance of its civil society, or in specific cases, because of a conspiratorial connivance of the political class with the business class. In either case, the impact of any advancement has not benefited the majority of India's population. How can one justify the fact that India still has such a massive population of pe...

BJP will have a lot to thank RSS and Mohan Bhagwat for!

It’s like a holding company and its subsidiaries. Very often, the holding company asks its subsidiaries to run their business their way, and thus appoints CEOs, gives them targets and then does quarterly or annual reviews! In the same manner, RSS (Rashtriya Swayamsevak Sangh) used to look at BJP as its subsidiary, even when BJP won elections the last time! At that time, BJP was more or less independent as RSS gave much autonomy, hoping that Vajpayee would stick to the principles of RSS. However, Vajpayee became more populist and RSS was not necessarily the most satisfied with him always. Insiders in RSS believe that BJP went out of power because RSS principles were not followed properly by Vajpayee. Despite that, RSS followed its style of looking at BJP as just another subsidiary and gave it reasonable autonomy. In fact, the RSS has always called itself a social movement and never a political party. Its aim has been to build a robust, democratic and free India since 1925. It believe...