4 Comments
Mar 28Liked by Anil Padmanabhan

Dear Anil

The Tale of Two Guarantees is very interesting because so much is at stake for many individuals as well as the whole country. Now one just has to wait and see what finally succeeds- is it the short term benefits or the long term permanent gains. One used to hear that people used to cast their vote for the simple allure of a free meal, free alcohol plus that day's wages! That has perhaps been replaced by freebies like free water, electricity, free travel for ladies etc. In the earlier days, it used to be the gratification of a single day. Now will it be the satisfaction of a few weeks or months? Can't people see that such freebies will be sustained at the cost of the tax payers money. No politicians nor political party is going to dip into it's savings to uphold election promises. Plus,the funds which should ideally be allocated to the development of the country is being wasted on temporary benefits.

The whole country and perhaps the whole world will be waiting on June 4 with baited breath to know the verdict of the greatest democracy in the world. What will succeed? Short term gains or long-term benefits? It is said that we get the government we deserve. Let's keep our fingers crossed.

Expand full comment
author

Dear Nimesh,

Thank you for your thoughts.

Afraid, I don't have the data to answer your query on every promise. Yes, there is data that can be sourced from institutions like RBI to verify some claims--like banking 500 million people. Good point though. Maybe CAG should be entrusted with this task.

Agree with you. There are no free lunches. Everything comes with a cost. In the case of UK, inordinate waiting time. In Delhi we are seeing infrastructure like roads, street lighting etc take a hit to fund the freebies.

Why just blame politicians. After all they are elected by us voters.

Look forward to your continued participation.

Best

Anil

Best

Anil

Expand full comment

While wanton promise of largesse is bothersome, have someone looked at real data to evaluate follow thru of delivering these freebies every year by the promising party. It is one thing to say you have a right to this and that, and another to actually deliver them. To draw a parallel, in UK everyone has a right to free healthcare, but it takes months before one can get a procedure done....

Expand full comment