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Showing posts with the label Pranab Mukherjee

AGRICULTURE NEEDS MORE HOLISTIC REFORMS

“While, like last year, I seek the blessings of Lord Indra to bestow on us timely and bountiful monsoons, I would pray to Goddess Lakshmi as well. I think it is a good strategy to diversify one’s risks,” are the words of the ex-finance minister (and now President) Mr. Pranab Mukherjee during his budget speech for the year 2011-12. The statement is symbolic of the unfortunate ways in which our ministers have been keener on invoking Gods and Goddesses rather than depending on science and technology and straight forward ground level solutions to come to the rescue of India’s dwindling agriculture sector, which employs around 50% of India’s workforce, but is decreasing in its contribution to the GDP year aft er year. “As per latest estimates released by Central Statistics Office (CSO) the share of agricultural products/Agriculture and Allied Sectors in Gross Domestic Product (GDP) of the country was 51.9 per cent in 1950-51, which has now come down to 13.7 per cent in 2012-13 at 2004-05 p...

As the only national party left with mass leaders,it is BJP & Narendra Modi's golden chance, now that the "real" PM has become the President of India!

It doesn’t require the world to point out that Manmohan Singh is a puppet Prime Minister! The question actually is, who is the “real” Prime Minister? Unlike the perception of many, I don’t believe that Sonia Gandhi is or was the “real” Prime Minister. It was Pranab Mukherjee, the man who was virtually running the entire show of running the nation, while Sonia managed Manmohan and a large part of party politics. Can you believe it that out of a list of 40 plus EGoMs (Empowered Group of Ministers), Pranab Mukherjee was heading almost a whopping 66%? Yes, that’s the truth; Pranab Mukherjee was not just Congress’ crisis man, but also the man running the government and its intricacies. No wonder then that Congress was so nervous about announcing his candidature. And had it perhaps not been for the Mamata jolt, Congress might have still tried to think about alternatives! Now that the man – who should have been Prime Minister in place of Rajiv Gandhi long back, and definitely in place of his ...

Vinod Rai is making CAG a feared name by exposing the secrets behind the Blood Billionaires of India!

Unlike T. N. Seshan, when you meet Vinod Rai, the current Comptroller and Auditor General of India, he comes across as a very suave and soft-spoken bureaucrat. At the recent convocation ceremony of our graduating students, when our institute’s Director Dr. M. K. Chaudhuri challenges Vinod Rai and says that he isn't bold enough like Mr. Seshan and is not as strongly taking the government head-on as he should, he very firmly says that he is doing what he is constitutionally allowed to do. So what does Vinod Rai have to say about Pranab Mukherjee’s public snub that 90% of CAG findings are dropped in the first stage? "Yes, Mr. Mukherjee is right in some sense. CAG raises questions and it’s true that a large proportion of issues do get answered to our satisfaction in the very first stage," he says very politely, yet very firmly; and at no point in any self-doubt about whether he was doing less than he should be. Does this sound slightly lame? Perhaps. Specially because, being ...

ALTERNATIVE BUDGET: A Budget for Rahul Gandhi

The future of the inheritor, and more importantly, of India, depends on fighting corruption. Here is how Pranabda can use the Budget to tame the monster February 28, 1958: “While we should always be prepared to reconsider the methods we adopt, should this become necessary, we have to strive with all our strength for our planned development by conserving all our resources, increasing production and trying to ensure progressively a more equitable distribution and to thus raise the standards of the great mass of our people,” - Jawaharlal Nehru as Union Finance Minister February 28, 1970: “It is generally accepted that social, economic and political stability is not possible without the growth of productive forces and the augmentation of national wealth. Also, that such growth and increase in wealth cannot be sustained without due regard to the welfare of the weaker sections of the community,” - Indira Gandhi as Union Finance Minister February 28, 1987: “Twenty nine years ago, presenting t...