H C Singh

Fall in Industrial Output of India During October 2011

It’s shocking to note that Industrial output In India has fallen during 2011, particularly lowest in October 2011 since 2009. In October 2011 it fell by 7 percent i.e. worst performance. What are the repercussion of this unprecedented fall on poor workers, particularly on more than 30% poor Indians on their family’s livelihood as it has led to high inflation particularly in food articles of daily use like rice, wheat and pulses and also vegetables. Manufacturing sector was also hit by rising interest rates and decline in mining output. Foreign direct Investment (FDI) which is being set aside because of opposition by the BJP and other opposition parties like CPI will further lead to decline.

There has been deadline for 9 days till government bowed and Pranab Mukherjee announced in Parliament on Wednesday the 7th November 2011 that government has decided to hold back “implementation” of its policy of direct investment. Though it is temporary but it pacified the opposition parties like BJP. Pranab’s announcement in Parliament though halfhearted said “The decision in permitting FDI in multi brand retail in suspended is developed among various stock brokers”.

Fall in industrial output is due to inflation and resulting price rise because of faulty economic policies followed by government and graft or corruption has led to fall in industrial production all over India. If government is unable to find a way to increase industrial and agricultural production, the opposition has asked the “government to quit” as it has no business or right to remain in power and rule the country. Leader of the opposition in Parliament, Suslima Swaraj.

Comptroller and Auditor General (CAG) has pointed out to six scams as 60,000 tonne of food grain” is rotting in godowns” while government has taken a loan of Lakhs of crores of rupees from reserve Bank of India (RBI). Even planning commission Vice Chairman. Montek Singh Ahluwalia came under attack with questions being asked in Supreme Court.

Replying to criticism by the opposition, Pranab Mukherjee, Finance Minister of Govt of India said “it is not correct to say that government has not done anything”. But it is clear from his own statement and opposition’s attack that what government did was not adequate to improve the conditions of workers and poor Indians to improve their conditions or by not letting it deteriorate during 2009 to 2011.

December 13, 2011 Posted by | Uncategorized | 1 Comment

Death trap – Vidharba India must wakeup

Every year about 600 or more poor farmers commit suicide or die because of starvation. It is strange rather shameful, not only for Maharashtra as well as for Pawar who has been minister since long and belongs to Vidharba and has just ignored so many deaths every year. Even government of India is answerable for so many Deaths every year in Vidharba as neither the state government, nor central government has taken appropriate steps, in time, to prevent repeated suicides and starvation deaths every year. Why? Is Vidharba not part of Maharashtra or even India? The criminal negligence every year can not be forgiven.

India must wake up so that India, which is considered greatest democracy in the world, does not get bad name as the worst democracy in the world because already Parliament of India has not functioned for almost 10 days. This is itself is disgraceful and can not be forgiven by Indian citizens of whom more that thirty percent are below poverty line and are continuously suffering for decades with no real and substantial efforts by the central government or state governments concerned to prevent starvation deaths.

Anna Hazare and his team have again challenged the government, emphasizing that protection given to bureaucrats is going to encourage corruption in India as bureaucrats protect all the employees under them to save their own skin. Team Anna has insisted that even group C employees should come under Lokpal Bill, through Lokpal Bill panel is yet to finalize its report which naturally will include all bureaucrats (babus) as well as all employees even class IV employees under the ambit of Lokpal bill. Team Anna has also invited politicians for thorough debate. If Anna’s demands are not accepted by central government Anna will undertake a fast in near future to get attention of the central government and senior bureaucrats, so that there are no further death traps in Vidharba and other parts of country.

There are deaths because of starvation in other parts of country in Madhya Pradesh, Tamil Nadu and Kerala and even in Uttar Pradesh, but not to that extent as in Vidharba. It will be proper to have thorough investigation by Supreme Court. But it will be important if investigation is time bound so that its recommendations are implemented forthwith. It seems apt to suggest that Sharad Pawaar should be forced to resign by people of Vidharba and even whole of Maharashtra.

December 13, 2011 Posted by | Uncategorized | 1 Comment