Comparison of Modi, Dr. Man Mohan Singh and Kejariwal on economics

(This article is written by Shreepal Singh)

The Mantra of development is the proper utilization of resources. There are many types of resources and some are limited in quantity and some are renewable or un-exhaustive. Some countries may have more resources of a certain type than of other types; a country may not even have a certain type of resource at all and would have to do without that resource. A country may have an abundance of a particular type of resource. The key to development in a country lies in the proper utilization of the resources that are available in that country.

For proper utilization of resources, we need to have capital and technology. For example, a farmer has land but he has no capital to buy better seeds; or farm equipment; or to build 20 stories building thereon; or to erect a factory thereon. He needs capital. With the capital he can buy technology. But sometimes even capital cannot buy technology as the technology-holder may not be willing to sell his technology. This is always the case with sensitive or critical technologies. India was denied the cryogenic technology that is used in rocketry; stealth technology that saves an airplane from detection by radar is another example; there are many technologies that are not available for sale. In any case, one needs capital to utilize resources properly.

India is considered a poverty-stricken country that does not have sufficient capital (!). So we need investors who are willing to invest their capital in India. This is the basic corner-stone of an economics that is founded on Market-Economy and is guided by the Keynesian economic philosophy. In this economy, anybody who has capital may invest for proper utilization of resources; there are no restrictions on him and he may earn profits, which are determined by the free market conditions without any governmental interference.

But those who come to India to invest their capital, come here only with the motive of earning maximum profits on their investment. There is nothing wrong with this motive; but in the pursuit of earning maximum profits, investors may resort to improper tactics and it becomes necessary for the government to step in and check their improper moves. The government must step-in to check the improper moves of the investor-capitalist. This is the  substance of Keynesian economic philosophy and Dr. Manmohan Singh is a dedicated disciple of this school.

This philosophy had been propounded long back in 1930s; though it has been tinkered much since then to meet the exigencies of the situations but in substance it still remains the same.

The world is changing very fast today and old concepts are falling apart. One is forced by the constantly emerging new scenarios to cast-off rigidly framed concepts, think fast and find solution to the need of the hour. Though this is not the place to examine the deficiencies of Keynesian Economic Philosophy, still one may point out instantly that in a situation where the investors/capitalists lobbying-firms, pressure groups etc. effect the government decisions and even the investors/capitalists become Parliamentarians, this is no solution to say that the government should step-in to check their improper moves. The investors themselves become the part of government. There is no solution to this problem in this economic theory. (Example: See how Jaipal Reddy, the petroleum Minister and the part of the Indian government, was shunted-out of his Ministry in the dispute of “Gas extraction in D-6 in KG Basin” and a new and convenient Minister Murali Deora was brought in by investor/Reliance/Ambani. Or, see how the choice of government ministers is determined by the investors/lobbyists of investors while forming the government, which otherwise is the prerogative of the Prime Minister)

Also, it does not point out any solution of a situation where over-utilization/industrialization causes pollution, depletion of resources completely in a country or environmental imbalance on our planet.

Let’s come to the subject of economics of India and what our political leaders are saying, doing or proposing for this country.

We have opened our doors to foreign investors without any discrimination in the hope that they will bring capital and technology, and help our development by proper utilization of our resources. But see the result of this rush-in of all sorts of investors! Coca Cola, Pepsi etc. have not brought any new technology; they are over-utilizing our water resources; they are causing environmental pollution and reeking in profits without any benefits to our people (except the claimed new employment opportunities). On the other hand, they have created health-hazard to our children. Insurance, banking etc. have also not brought any new technology and reaping profits. This is the result of Dr. Manmohan’s economics!

We have limited quantity of minerals, hydrocarbons, and land resources. Investors are over-exploiting these limited resources. This over-exploitation of resources is causing socio-economic conflicts in India and giving birth to left extremism. Raw materials, like minerals, and petroleum are being exported out of India turning this country into a resource less land in coming future. All these resources are limited in quantity and would exhaust one day if things are allowed to go on like this.

India has one more resource. It is its population; it is its human resource. This resource can be utilized to develop this country. This resource is not limited in quantity and is self-generating also. If India puts a major portion of its budget in utilizing this resource, this country would beat the whole world in development.

This resource can be properly utilized if the population of this country is provided education as the government’s top-most priority. To make India a developed country and a world leader, our slogan should be: dedicate all resources and efforts to give education to people! The education should be provided to all; education should be of the highest quality available in the world; and, poverty of would-be students or the crunch of budget-funds should not be allowed to come in the way of providing education to all. The quality of education should ensure to include the education and research and development in fundamental sciences and technology.

Today’s economy is the economy of knowledge and not the economy of inviting Coca Cola, Pepsi, Insurance, Banking etc. One who has the knowledge, one who has the technology based on that knowledge shall rule the world and shall create a world-order according to its whims! This is the truth of today.

By education, by knowledge, by technology a nation can grow trees that give electricity, can create miniscule weapons that fly in air and defend its boarders, can forge gravitational-machines that travel to distant planets and transfer its population, and, tell us what cannot be done by knowledge and technology!!

This is not the Keynesian Economic Philosophy of Dr. Manmohan Singh. It is the vision of Narendra Modi, when he says that India will have three equal fields for development: firstly, the manufacturing sector; secondly, the service sector; and, thirdly, the agricultural sector. This economics does not need the study at Harvard University; it needs a fertile mind, common-sense, experience of life, honesty, dedication to make this country a great nation and patriotism. Narendra Modi has all these qualities.

The equal importance given by Modi to the service sector will give top-third priority to educating people of this country so that they are able to serve as scientists, teachers, technicians, advisors, doctors etc. It is a great vision. He did not forget to add in his address on this topic that when these educated Indians will go to foreign lands, and where they will be in great demand because of their high education and skills (nay, those foreign countries would not survive in a fiercely competitive world without these now highly educated and skilled Indians) , these Indians will take with them the Indian spiritual and cultural heritage (Hindus, Muslims, Sikhs, Christians’ spiritual and cultural heritage) with them. There they will plant these benign knowledge and traditions in foreign lands.

This is the best economic model for an emerging India. This is Mr. Modi’s contribution to modern economic theories. Dr. Man Mohan Singh, or any of his so-called stalwart followers, stand no where in economics in comparison to this vision of Mr. Modi so far as India is concerned.

The equal importance given by Modi to manufacturing and agricultural sectors has a great economic wisdom. We need to manufacture newer machines based on the higher knowledge acquired through education by our youths to meet our needs and to meet the security exigencies of an emerging volatile world today. According to this vision of Modi, it cannot be the manufacturing of goods based on obsolete technologies, which the Dr. Manmohan Singh’s policy of inviting foreign capital is doing today. In Modi’s vision, providing education to develop service sector go hand in hand with setting up manufacturing facilities based on knowledge-technology.

The equal importance given to agriculture by Modi also has a pragmatic wisdom. It is necessary to protect our habitat, which needs oxygen to survive, and which is amply given by plants, trees etc. See the position in China as a result of indiscriminate industrialization. One cannot properly breathe there. We need agriculture to feed our people (food security, in case it is denied by forces inimical to our country), to allow to sustain our farmers (not uprooting them by forceful acquisitions of land, which is being done today to industrialize India at break-neck speed), and to allow the Indian traditions to survive in villages which depend on agriculture (Gandhi said: India lives in villages).

We have compared the economics of Dr. Manmohan Singh and Narendra Modi here. Kejariwal, who is another player in the political field today, has not opened his mouth on his economics. Either he does not have any though-out economic understanding about India or he is keeping the one he has to his secret chest. Once he has spoken about economics at FICCI and there he talked in favour of capitalism of the old style. He said he is in favour of investment of capital and thereby development.

What does it mean in today’s controversies? He is not clear; perhaps he does not understand the real issues. He talks only about being anti crony capitalism but that is not enough. Any way what is crony capitalism? It is a misnomer! Let us talk economics: capitalism is capitalism.

What does Kejariwal says in the above referred case of the dispute of “Gas extraction by Reliance in D-6 in KG Basin” and removal of a Minister and raising the price of the gas by the investor? He says, it is corruption! What a layman’s explanation to an economic question!

Kejariwal has had no occasion to come to face-to-face with the Keynesian Theory which the government is following, or the deficiencies of this theory, or any idea of the removal of these deficiencies.

Corruption is one thing and economics is another world altogether. No body favours corruption but its removal is not the solution to all questions, particularly, economic questions. Arvind Kejariwal stands nowhere on economics.

Why Kejriwal is obsessed to fight against Modi ?

By: Parmanand pandey, General Secretary IPC (in consultation with Shreepal singh)

    Arvind Kejriwal’s obsession of contesting the Lok Sabha election from the same constituency of Varanasi  where Narendra Modi has choosen to fight is inexplicable for lesser mortals like us.  We, nevertheless, feel that Kejriwal wants to shine in the reflected glory of a person, who has been able to build up a sort of wave in his favour by his deeds in the country. Kejriwal thinks that by positing himself against Modi and talking tall on all conceivable issues, he would be able to steal the limelight of the media. This is a psychological problem and it needs to be cured.

          He is going all over the country but instead of presenting any alternative, he becomes vociferous in criticizing Modi. Sometimes he says that Modi has become the agent of the corporate houses like those of Ambani and Adani. He conveniently forgets the fact that Ambanis and Adanis have not made their huge empires only in Gujrat and during Modi’s regime. They have flourished during Congress regime and that too all over the country.

Therefore, to single out Modi for the rise of these industrialists would amount to compromising the truth. Singling out of Modi by Kejariwal (in day in and day out from the moment he has chosen to fight Lok Sabha elections beyond Delhi – where he was the Chief Minister) as the real cause of the rise of Ambani or Adani business houses, is a blatant lies on the part of Kejariwal. It is not only the blatant lies on his part, it is a worse crime being played upon the people of this country by misleading them.

Firstly, Ambani, Adani and a whole horde of big business houses of their ilk are not limited to Gujrat; they have their empire spread out through out India. Is Modi responsible for the rise of their empire through out India (say, in haryana)? Obviously, Modi is not responsible for their such rise.

But, then who is responsible for their such rise? Answer is very plain: Primarily, the persons and political parties that ruled at the Centre (whereat the open policy of these leaders/parties is to promote the business of such industralists/capitalists); and secondarily, the responsibilities of executing these central policies lie with the State Governments. It is a blatant lies on the part of Kejariwal to blame Modi for their rise.

Secondly, Kejariwal by misleading the electorates is committing a worse crime upon the people of this country. He never ever says that it is the Congress Government at the Centre that is the cause of the rise of Ambani, Adani etc. etc. through out India.

Why does Kejariwal not say this truth? Is he not wise enough to understand this fact? He is IIT passed; he is IRS qualified. He is not fool not to understand this simple fact.

Then, what is the reason for Kejariwal to single out Modi for this blame and exclude Congress (at the Centre and say, in Haryana)? He is playing these tricks upon the people to fulfil his ambitions. Yesterday, Kejariwal was the worst enemy of Congress (and, he rose by positing himself an “Anti-Congress” fighter); today, he is the best friend of Congress.

By singling out Modi as his sole enemy, Kejariwal would accomplish by his conduct three things:

Firstly, he would help fulfil the plan of Congress to stop Modi becoming the Prime Minister.

Secondly, he would create conditions in India where there is a coalition government of rank-opportunist political elements and de-stabalise India to the advantage of Congress (which is hoping to stage a come-back in 2019 elections on the plank of Stability).

Thirdly, by his conduct, Kejariwal is helping the enemies of this country, who wish india to be unstable, weak, without strong leader like Modi.

Modi has gone to Varanasi to provide boost to his candidates in Uttar Pradesh, which returns the largest number of members to the Lok Sabha but Kejriwal has no such stakes. He is there only to oppose Modi. Opposition for the sake opposition has never been a good philosophy and any right-thinking person will condemn it.

    Kejriwal is nowdays being propped up by the Congress Party because he is doing everything at its bidding. Now let us see the real colour of Kejriwal. In Bangalore, he charged Ruppes twenty thousand from those who lunched and dined with him. Can any Aam Adami think of paying such a huge amount to have a meal with the common person’s leader who is so uncommon? The other day he took the facility of travelling in a very costly-chartered plane to attend a conclave of India Today. It may be mentioned here that in Delhi he made a news of travelling in the Metro train to attend his office. He often boasts of moving around in an old Santro car but has no compunction in availing the hospitality of a big media house. This is a duplicity of the top order and we deprecate it in strongest possible terms.

      To become a big you must think big and do the noble work. Austerity should not only be talked about but it must be observed in the life as well. Hiatus between words and deeds, precepts and conducts, preaching and practicing cause the trust deficit. Kejriwal ji, do not be the cause of such a big trust deficit as it will be harmful to the politics of the country which has already lost much of its sheen in the public.

Is Kejriwal playing into hands of forces inimical to India?

(This article is written in collaboration by Parmanand Pandey and Shreepal Singh)

The mask is finally down and the real face of Arvind Kejriwal has come to the fore. He has said in most brazen and audacious manner that he would put media persons behind bars for projecting Narendra Modi after taking money from him and the BJP. He has alleged that some corporate houses have purchased media persons to work in favour of Modi. This speaks volumes about that the dictatorial streaks in  Kejriwal.

Let me hasten to add that I am not suggesting that media houses or media persons are free from corruption. In fact, no organ of the society is Lilly white. All organs of the State are tainted with corruption. As far as media is concerned it has been indulging in corrupt practices right from the time of independence, which is clear from the report of the First Press Commission. The First Press Commission was set up by none other than Pandit Jawaharlal Nehru in 1952 under the Chairmanship of Justice GD Rajyadhyaksha and its eminent members were Dr Zakir Hussain and Acharya Narendra Dev among others. However the corruption in media is not the subject of this post.

Arvind Kejriwal is nobody to put anybody in jail without proper investigation and trial. This shows the whimsical mentality of a person having no understanding of rule of law. I have my serious doubts, and which is not unfounded that Kejriwal is playing into the hands of some anti-national forces which are bent upon de-stabilizing the country. After a great deal of efforts the country’s politics has veered around two parties or two coalitions partners one, led by the Congress and the other, led by the BJP. The country has been fed up with the rampant corruption which flourished during the Congress led coalition government. Everybody has been looking forward to replacing this government with that of Narendra Modi.

When it has been almost clear that Modi would form the government and lead the nation to stability, the forces inimical to the stability of the country became overactive. They do not want any strong and untainted leader like Modi to come to power. So they started projecting Kejriwal as a clean and corruption free leader and provided him all facilities to crisscross the country and spew venom against Narendra Modi. His main aim is not to provide the stable government; so necessary for the progress of the country but to queer the pitch for Narendra Modi. Obviously he is doing it all at the instance of somebody/some forces, who is/are against India.

Needless to say, Kejriwal had been running an NGO in his earlier avatar. This NGO has been heavily funded by the Ford Foundation and his NGO flourished during the Congress regime. He was even awarded with Magsaysay. Kejriwal formed the Government in Delhi with the help of the Congress Party.  Therefore we can safely say that he is a mere pawn in the hands of both the Congress Party and the Ford Foundation. This is the time when the people must see through the designs of the forces which are working behind the rise of Kejriwal. These forces have got the bigger designs to deprive the country from having the stability under strong leader like Narendra Modi. Let us collectively frustrate their nefarious games in the interests of the nation.

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