Tuesday, November 11, 2014

Reforms or loot?

""Industrialists want free land before investing in Punjab. Is this what is meant by reforms? And if this is reform please tell me what is loot. Among those who want free land in Punjab are: Siemens, Kansai Nerolac, Mahindra & Mahindra, Glaxo Smithkline, Infosys, Herman Finochem. Sanofi Pharma and Maico India. They want free land on the same pattern as Punjab's deputy Chief Minister Sukhbir Singh Badal had sometimes back given 70 acres of land to International School of Business just for one rupee. Apollo Hospital in New Delhi similarly had got 15 aces of land in the heart of the city for Re 1/acre. The list is endless. In other words, it means reforms is another word to justify the loot of natural or financial resources. But if you give subsidies to the poor and hungry, these are termed as socialist and therefore anti-reform. So subsidies for the rich are reforms but subsidies for the poor are wasteful expenditure/dole. Reforms means only the rich should be subsidised.

Sometimes back I had written a blog on policy paralysis. When industries don't get freebies, they yell at the top of their voice calling it as policy paralysis.""
~~ Devinder Sharma
http://devinder-sharma.blogspot.in/2012/05/policy-paralysis-is-it-economic-term.html

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