My first thoughts on Economic Survey 2011 12

Liberalisation in full throttle…. Country gearing up for new economic reforms…..

Time for second revolution in India.

Economic Survey 2011-12 has been laid on the table of the house by the Hon. Finance Minister of India. Mr. Pranab Kumar Mukherjee.  The Survey should necessarily look into the implementation of the Budget of 2011-12. To what extent we had achieved our budgetary goals. In fact, if we go for such an analysis then it shall be a shame on the Indian economy. Agriculture sector shows a growth of 2.5% and Industry sector 4.5%. I don’t think this is adequate for a country to grow. There are reports in the media that the survey envisages price determination of diesel to be removed partially. The retail sector needs to be opened to the global exploiters.  

What I fear is very simple. India is on its way towards United States of America, where the corporates are running the government.  When the president of USA had planned to bring up nationalization of the important sectors, the corporates had made a hell out of the situation creating unemployment crisis. If he was bold enough to carry on his reforms, the Americans may have to move towards democratic socialism which the corporate world doesn’t want to. Its heard that War around the world have been created by the US for promoting the arms and ammunition Industry run by the big corporate in US. The Sale needs to be increased. If you look into the arms and ammunitions which the people are having in the streets of Arab nations, it can be seen that it’s a war promoted by US. At last the US will say, there was nothing over there. What they did in Iraq is known to all. What they did to Osama Bin Laden is known to all. All are promoted by US to promote civil war in their respective countries and later when they turn out to be supreme authorities they are killed by one way or another.

Like America, India may develop the economy to such a stage that the big corporates come towards the power hemisphere and will dictate terms. The Jindal’s and the Ambani’s have already started their career in the so called political mantra. It was when the 2G Spectrum case had come to forefront that the country knew that its now not the politicians who control the nation, but it’s the corporates like TATA and persons like Radia who run the government.

Time is already too late for a revival. Country may soon see more suicides in all forms. It may be noted that the economic policy will never change for some time whether UPA or the NDA or any one comes. Reality is always something which is so cruel to the common man. We can soon see the price rise of commodities and the shooting up of LPG.  Common Man needs to change, then only the country will change.

Thanks to all for Patient Reading

More after reading the Economic Survey 2011 -12, when published in internet.