I am not an economist. Judging by the state of inflation and the rising price of food in India, neither is the PM. This latest deregulation of petrol prices is yet another blow to the pockets of the Indian population. Now deregulation of prices is always a good thing in free market economy but one cannot overlook the welfare aspect of the system in a democracy. In one our earlier posts a Muslim "sabziwallah" in WB commented that things weren't this bad during the BJP regime. Now I don't have to emphasize the implication of this statement.
The Indian voter has been fooled by the pseudo-secular votebank practitioners for well nigh 63 years. They have used caste, religion and regionalism to get into power. It was and is never in their interest that the voters become aware of the reality. If Indian voters become aware then they will vote these bums out. Within two years of the riots in the aftermath of the Godhra massacre, BJP won the municipal elections even from areas with significant Muslim population. Is it a coincidence that Gujrat is the most prosperous state in the union. On the other hand the states with most "progressive and secular" governments are the poorest.
Here are some articles on the topic. I hope the voters do not forget all this when the next election comes. Otherwise:
Fool me once, shame on you.
Fool me twice, shame on me.
http://bit.ly/bPlTOu
http://bit.ly/9gnk2a
http://business.rediff.com/slide-show/2010/jun/25/slide-show-1-petrol-hike-an-attack-on-common-man.htm
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