The rejection of Planned Development of the country by the new government since 2014, has resulted in allocation of budget to departments and state based on the sourced knowledge. The NITI Ayog the renamed and totally new version of policy making has made poor progress in understanding the needs of country. It has selectively picked the points based on the party Manefesto rather than working paper by experts. The masters voice is loud and clear to the babus and experts in Ayog (ex-employee's of Planning Commission) to follow the new change to suit the political bosses.
The series of programs floated has no serious basis, or re-worked old programs or simply renamed, an political excercise on the behest of party in power. The plan periods would be lapsed in 2017, before be see the end of Nehruvian era. May be the birth of market economy with India slated to poise to lead the Asia with more investments, flow of money, able -skilled people, ease of doing business etc. But whether the country can look inwards into the problem of Agriculture, Market, Urbanization, Water, Environment, Climate Change etc which are global concern. The fundamental shift in Macro economics and political think is still to be directed and questioned by those who are running it. The higher education institutes, experts and market leaders are supporting the current agenda as they had supported earlier agenda. No particular school of thoughts holds point since we are slated to follow the leader.
The development track or the world community is watching the change in India silently, knowingly well its shortfall in dealing with social, infrastructure and economic issues. They want to control the Indian economy and time is right now to enter and convince the political bosses. What PMO during UPA-II cannot do due to call for 'inclusive growth' where the rights based approach was adopted by the policy makers. Now the current government is preparing the grounds for big bang reform with expected investments, flow of funds and hopes into Indian economy. Whether these would also enhance the risks, stop social funding or remove the subsidies from majority etc. can be debated in next phase of govt.
Two years have passed with drastic change in plan system, and entry of market is awaited, it would be too late it does not kick up by this year end. Lets hope that we sense the market well, and desires of people who feels government has failed them by not understanding their needs of hunger, unemployment, poverty and agriculture.
The series of programs floated has no serious basis, or re-worked old programs or simply renamed, an political excercise on the behest of party in power. The plan periods would be lapsed in 2017, before be see the end of Nehruvian era. May be the birth of market economy with India slated to poise to lead the Asia with more investments, flow of money, able -skilled people, ease of doing business etc. But whether the country can look inwards into the problem of Agriculture, Market, Urbanization, Water, Environment, Climate Change etc which are global concern. The fundamental shift in Macro economics and political think is still to be directed and questioned by those who are running it. The higher education institutes, experts and market leaders are supporting the current agenda as they had supported earlier agenda. No particular school of thoughts holds point since we are slated to follow the leader.
The development track or the world community is watching the change in India silently, knowingly well its shortfall in dealing with social, infrastructure and economic issues. They want to control the Indian economy and time is right now to enter and convince the political bosses. What PMO during UPA-II cannot do due to call for 'inclusive growth' where the rights based approach was adopted by the policy makers. Now the current government is preparing the grounds for big bang reform with expected investments, flow of funds and hopes into Indian economy. Whether these would also enhance the risks, stop social funding or remove the subsidies from majority etc. can be debated in next phase of govt.
Two years have passed with drastic change in plan system, and entry of market is awaited, it would be too late it does not kick up by this year end. Lets hope that we sense the market well, and desires of people who feels government has failed them by not understanding their needs of hunger, unemployment, poverty and agriculture.
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