Wednesday, 17 October 2012

Indian Government is to the people, for the people an by the people


 First of all, it is important to note that Democracy as opposed to autocracy, aristocracy or monarchy means a government by the people. The people irrespective of factors like caste, religion, economic level, etc. are equal in the eyes of law and manage their own affairs themselves. They have inalienable right to rule themselves. The concept of justice, equality, liberty and fraternity are an embodiment of democratic principles in the Preamble of our Constitution. So in India, everything which comes under the government's ambit must have democratic characters in its decision making, policy framing and in every act of governance. Secondly, in India, the democracy is in the wider sense of political, economic and social democracy. The institutions set up under the Constitution shall seek to give effect to democracy in India which is to be sustained by adult suffrage, fundamental rights and independent judiciary. People's participation has been guaranteed by the institution of Panchayati Raj and local self government and the recent trend of decentralisation of power and transparency at all levels of Government. So what we leave on the Government, in a welfare state like India must have social consideration because in our brand of socialism we include both the private participation and public contribution at the same time. Our economic planning also rests upon our own socialism brand. In the very recent case related with the coal blocks allocation, Government of India had filed an affidavit in the Supreme Court saying that our policy decisions had concerned about our democratic and social structure and because the Government works for its own people it could not exclude the will of mass. Allocations of these coal blocks was not for making own profit or not for maintaining huge revenue , it was simply for the welfare of society and that is why the revenue generation was not the first priority while allocating the blocks. The Supreme Court was convinced with this argument and passed a decision in September 2012 stating that biding is not an essential requirement or only option while considering the allocation of natural resources. Moreover different legislations and maximum number of policies formulated by the Government are especially for socially and economically marginalized class. Finally, I have to say that in a democratic Government, social concern is inbuilt, and it can’t be excluded. 

Tuesday, 16 October 2012

Demons Of Democracy


The current political class is behaving like “Demons of Democracy”, working for their own sake instead of welfare of people, performing their actions without any sense of public responsibility and accountability. By exploiting people and public servants, this political class is continuously creating hurdle in efficient, effective and economic execution of different social schemes and various developmental policies through corruption, capitalism, etc.  In a welfare State like India, which enjoys her democratic character only at political front through Universal Adult Franchise, should further intensified her democratic attribute at social as well as economic front. It can be happened  by a number of small but very efficient legislations within a federal structure like Right to Service which ensures a time bound service delivery mechanism; Right to Hearing concerns about the grievances after a late delivery of public service; Right to Have Occupation strengthens the people to work for country as well as provides them employment; Right to Food concerning the problem of hunger and malnutrition which once time has been said India’s national Shame; Right to Have A Pollution Free Environment; social security rights for women and children; etc. Some of these rights have already been legislated, but the thing is that they have been only legislated. In fact to change the current picture of creeping development of our nation, an active enforcement of these legislations is the much need of our society. Only this type of socio-political structure will inject a sense of responsibility & accountability in our political class and then we will run on the path of development with our full economic strength. But remember, all this will happen if each of us will cast his/her vote in elections with a scientific, unbiased mind far from caste and religion.

Friday, 12 October 2012

Live Like An Indian, Think Like An Indian...!!!

I believe in our Constitution, and we all are living in a same system established by a social, secular and sovereign nation, not by any specific cast, creed, sex or religion. So it would be better to work for the good sake of our country rather than doing some worthless and separatist activities. We should respect and appreciate each others contribution in the nation-building process, no matter the size of contribution, but what matters should be the commitment behind the contribution....I urge to every Indian not to involve in any kind of activity associated with social separatism on the lines of caste, creed, sex or religion. 


Live like an Indian...!!!

Think like an Indian..!!!

Thursday, 4 October 2012

Road To Next Generation Economic Reforms




The next waive of financial reforms in India are taking place in the global arena of economic instability. Change is inevitable but should be acceptable because it brings new way of life with various new initiatives. FDI cap in insurance ra
ised to 49%; foreign investment in pension sector has allowed; new Companies Bill 2011 (changing a lot in the Companies Act 1956) has been cleared; investment on health schemes has been raised in 12th Five Year Plan......What they mean are choice of pension schemes for non-government employees; higher FDI inflows will strengthen the market; top domestic long term savings; support infrastructure investment; expert fund management practices; simpler norms for compliance and contemporary legislation will boost up the growing and emerging Indian economy. Because to promote the inclusive growth and sustainable development among the people of India, supports from our money market and capital market is essential and if they will be at their best then we have enough resources to tackle such a big problem.