The FDI fiasco is getting murkier day by day and there doesn't seem to be an end except for Govt. to roll back their policy. This has stalled the parliament for the last 7 days and nothing concrete has been achieved either by the ruling political party or the opposition. This entire battle seems to be a game between the political parties to show their might and in this noise, the consumer's interest, in my opinion, has been pushed to the back burner. In a developing economy like India, policies of this magnitude must be discussed and everything in the policy needs to be worked out in cohesion to ensure the policy brings out the best for the country.
In the recent times, BJP seems to make an issue out of anything the government brings out in the form of reform. I sincerely believe a party like BJP should shed this image and try to work with the government when it is trying to hash out a policy that might serve well for the Indian economy on the longer run, thats the progressive way forward and also it will actually make BJP look pro-reform which is actually one of the points put forward in their election manifestos. Yes, this reform will have few negative impact on the society, but which policy of this magnitude doesn't ? As representatives of the electorate, these parties have a responsibility to provide the best for the people, ideally, they should help the government come up with the best case situation where there will be minimal impact to the people and also serve well for the economy. It might work in an ideal world, but no democracy is ideal so at least the BJP can back the government on crucial policies like these.
Even though there has been widespread agitation and protest across India, it all looks to be politically motivated than being sincere. There have also been reports where the trade bodies themselves have welcomed such a move which would help them with the money inflow and spur the demand. Anyways, from the look of things, this reform will be suspended for the time being till the Government can win over its allies. The wait continues!
In the recent times, BJP seems to make an issue out of anything the government brings out in the form of reform. I sincerely believe a party like BJP should shed this image and try to work with the government when it is trying to hash out a policy that might serve well for the Indian economy on the longer run, thats the progressive way forward and also it will actually make BJP look pro-reform which is actually one of the points put forward in their election manifestos. Yes, this reform will have few negative impact on the society, but which policy of this magnitude doesn't ? As representatives of the electorate, these parties have a responsibility to provide the best for the people, ideally, they should help the government come up with the best case situation where there will be minimal impact to the people and also serve well for the economy. It might work in an ideal world, but no democracy is ideal so at least the BJP can back the government on crucial policies like these.
Even though there has been widespread agitation and protest across India, it all looks to be politically motivated than being sincere. There have also been reports where the trade bodies themselves have welcomed such a move which would help them with the money inflow and spur the demand. Anyways, from the look of things, this reform will be suspended for the time being till the Government can win over its allies. The wait continues!
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