Indian Economy and reward for ruining it


Today Finance Minister of India i.e. Pranab Mukherjee will resign from cabinet. His credit is that he presented a most direction-less budget that too at a time when economy was reeling under high inflation in food prices and low growth in all sectors.
His reward for this mess: He will be elevated to the post of Head of the State i.e. President of India. But why?
Reason is simple. This way neither the Finance Minister (Pranab Mukherjee) nor the ruling alliance will have to admit its blunders in handling the economy. The country will have first Bengali as President. Bengal is the place of special interest. Not because the crown prince of ruling Congress Party’s girl friend is from Bengal, but because it wants to consolidate its political gains in the State.
It is a good manipulative plan. Only that it is neither honest nor fair. But Congress Party always used the post of President as retirement of inconvenient politicians. As regards economy, it can wait.

© Sandeep Bhalla

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