The pursuance of neo-liberal ideology has run out of policy options to take the Indian economy out of the current crisis. That is the message of this year's union budget.
What the barrage of criticisms of the central government from across the political spectrum - over the mega corruption scandals and relentless price rise - could not achieve in the past couple of years, was accomplished by a couple of adverse reports in the western media. Time magazine’s description of Prime Minister Manmohan Singh as the “underachiever” who was "unwilling to stick his neck out on reforms” made him sit up and show that he was after all not “asleep at the wheel”.
The recent announcement by the government to increase the price of diesel by Rs 5/- is wrong. Over the last two years, the Indian economy is reeling under high inflation, which has not subsided even after major interventions by the RBI. In such a situation, increasing the price of diesel, which is an intermediate commodity for all kinds of production, is only going to give rise to a cascading effect on inflation.
Surely this movement throws up elements of thought for larger political praxis, especially, to those who do not see the problem of corruption from a limited perspective. Satyaki Roy reflects on the Anna Hazare movement.
The agitation led by Anna Hazare demanding the enactment of the Jan Lokpal Bill has led to serious debates regarding our parilamentary democracy, modes of protest, civil society, roots of corruption etc. We present here two views on Anna Hazare and his movement by two leading Left intellectuals.
True to his credentials as an obsessively US-friendly Prime Minister, Manmohan Singh presided over his Cabinet on August 20 and approved the final draft of the Civil Liability for Nuclear Damage Bill 2010, with substantial modifications and additions to allow the