Image
SumanSpeaks Independent Capital Markets & Geopolitical Intelligence POLITICAL ECONOMY | PART 1: THE TELECOM TEST The Sangh’s Costliest Blunder: Keeping Narendra Modi in the Chair After Demonetisation and a Trail of U-Turns Two private giants, one state-propped survivor, roughly ₹3.22 lakh crore in announced BSNL revival and support packages (spectrum allocation included), and ₹1.41 lakh crore of AGR dues still on the books: telecom shows what happens when one man’s brand becomes the party’s only policy. This is an argument against Narendra Modi, not against the BJP. SYNOPSIS India’s telecom market has narrowed from a messy but real plurality into two dominant private networks, one weak private survivor kept alive by government equity, and a public operator that has needed about ₹3.22 lakh crore in announced support packages and spectrum allocations, not all of it cash. The 2010 spectrum auctions that started the debt spiral were a UPA-era event, and we say so plainly. But a ...
Definition of Anti--people policies, according to Trinomool Congress BJP, Left, Samajbadi Party, etc:
(i) Side with the traders' lobby so that they can be immune to any increase in the price of essential communities. Do, not address the supply sides
issues by bringing in large corporations from overseas, who has the capacity to tame down the prices and help the common man. 
(ii) Take all measures to increase inflation, by allowing the "Local Kirana" traders to have monopoly over things. Allow them to hoard things, beyond the levels and then results in Food inflation. Allow them to sell unbranded spurious products and have no accountability. Public life is very cheap----if someone dies due to consumpton of substandard oil or develops dropsy, speak of giving few thousand rupees as compensation. Stop all reforms so that India gets downgraded by international rating agencies.
(iii) Give the subsidized LPG Cylinders to President, Vice-President, Big Industrialists, like Mukesh Ambani, Anil Ambani, Bolllywood Superstars, etc at the cost of common man. The money for this subsidy has come from the poor people too, including, farmers, day labourers, etc. in the form of tax (indirect).
(iv) Allow the royal excheqer, to get bankrupt, by selling diesel below the manufacturing price......Instead of asking the state governments to cut down on taxes or asking the refineries, to cut down administrative cost (or cost of production). What would the government do, other than raise the price, when the international price of Crude Oil goes up as around 70-80% of the petroleum is imported?
(v) Allow the rich farmers, to use subsidized Fertilizers. The money for the subsidy invariably has come from both rich and poor.
Help the Traders Lobby, to create shortage and then shout, INFLATION!! INFLATION!! INFLATION!!
WOW!! NICE WAY TO MISLEAD THE COMMON MAN....!!
Or, nice way to fool the masses.........!! 
It seems now Indian Industry bodies, like CII and ASSOCHAM have no relevance, only these political outfits know what is correct for the common man!! Really Pathetic!! India's Opposition should get a Noble Prize in Economics. Isn't it?

THINK!! THINK!! THINK!!

Popular posts from this blog