Delivery of projects have been much better than the previous governments tenure, as the sincerity of purpose was there. The other aspects, like benefits to the party, have been somewhat been made easier by instruments like electoral bonds. After spending colossal amounts for elections, the need for recovery and profit arose. Now the award of contracts for projects, linked closely to the purchase of electoral bonds, has paved the way for efficient execution of infrastructure projects. The government is also aware that development will ensure reelection and it is a win win situation for all. Now the ruling party with coffers full, are bearing the cost of election campaigns. The situation is leading the country to a rapidly growing infrastructure development 👏
Thank you for your thoughts. Not sure though whether there is the direct causality between subscription of electoral bonds and infra projects. Simply by the logic that some of the biggest infra projects are carried out by corporates who did not subscribe to electoral bonds. Another story that this was probably the first attempt to becoming kosher about electoral funding--will forever be a pipe dream though. Now we are back to cash. Another time.
Regardless, the big point is that India's infrastructure is finally coming upto speed. Long overdue.
Thanks for unravelling the mystery behind the success of so many projects and schemes. I honestly think that the basic factor responsible is the determination to improve the lot of the common man and not just on paper. Here is a government run by people who don't focus on filling their own pockets or establishing family hierarchies. Once the intent is noble, finding the correct path seems to follow naturally.
They are aware of the problems faced by common man. No PM had discussed public toilets because it wasn't a topic you discussed in public! He faced a lot of snickers and derision for doing so. Swachh Bharat wasn't even considered a possibility in such a densely populated country. So long as it was clean within the four walls of one's house, who cared about the rest of the country? It's again a concern for the plight of women which motivated the government to implement schemes like cooking gas, electricity and clean drinking water to each and every house. It's a realisation of the lack of connectivity which has led to so many roads and tunnels even in the most remote and difficult terrain.
Till now projects and schemes were launched by politicians favouring their own constituencies. That's why projects were launched with a lot of fanfare and abandoned if there were no political gains. It's no longer so. Infact the promise now is that the foundation stone will be laid and the project will be inaugurated by the same government. Hitherto unheard of.
Let's hope that people can appreciate the changes brought about in the past decade and not fall prey to temporary freebies openly promised just before the elections. To be forgotten once the results are declared.
Thank you for your thoughts and kind words. Much appreciated.
Couldn't agree with you more. And this change is being noted across the world. Sharing a clip from the JP Morgan chief, who is holding up India as a case study to be emulated.
A delightful read! I find that this transparency and conciseness of communication is mirrored in the way the RBI communicates too. One of their speeches, by Deputy Governor Shri M. Rajeshwar Rao, underscores this concept.
Agree with you that transparency and pithiness in communication has been the hallmark of RBI. And thank you for the share on the Deputy Governor's speech--had missed this.
Delivery of projects have been much better than the previous governments tenure, as the sincerity of purpose was there. The other aspects, like benefits to the party, have been somewhat been made easier by instruments like electoral bonds. After spending colossal amounts for elections, the need for recovery and profit arose. Now the award of contracts for projects, linked closely to the purchase of electoral bonds, has paved the way for efficient execution of infrastructure projects. The government is also aware that development will ensure reelection and it is a win win situation for all. Now the ruling party with coffers full, are bearing the cost of election campaigns. The situation is leading the country to a rapidly growing infrastructure development 👏
Dear Gautam,
Thank you for your thoughts. Not sure though whether there is the direct causality between subscription of electoral bonds and infra projects. Simply by the logic that some of the biggest infra projects are carried out by corporates who did not subscribe to electoral bonds. Another story that this was probably the first attempt to becoming kosher about electoral funding--will forever be a pipe dream though. Now we are back to cash. Another time.
Regardless, the big point is that India's infrastructure is finally coming upto speed. Long overdue.
Fingers crossed.
Best
Anil
Dear Anil
Thanks for unravelling the mystery behind the success of so many projects and schemes. I honestly think that the basic factor responsible is the determination to improve the lot of the common man and not just on paper. Here is a government run by people who don't focus on filling their own pockets or establishing family hierarchies. Once the intent is noble, finding the correct path seems to follow naturally.
They are aware of the problems faced by common man. No PM had discussed public toilets because it wasn't a topic you discussed in public! He faced a lot of snickers and derision for doing so. Swachh Bharat wasn't even considered a possibility in such a densely populated country. So long as it was clean within the four walls of one's house, who cared about the rest of the country? It's again a concern for the plight of women which motivated the government to implement schemes like cooking gas, electricity and clean drinking water to each and every house. It's a realisation of the lack of connectivity which has led to so many roads and tunnels even in the most remote and difficult terrain.
Till now projects and schemes were launched by politicians favouring their own constituencies. That's why projects were launched with a lot of fanfare and abandoned if there were no political gains. It's no longer so. Infact the promise now is that the foundation stone will be laid and the project will be inaugurated by the same government. Hitherto unheard of.
Let's hope that people can appreciate the changes brought about in the past decade and not fall prey to temporary freebies openly promised just before the elections. To be forgotten once the results are declared.
Dear Ranjini,
Thank you for your thoughts and kind words. Much appreciated.
Couldn't agree with you more. And this change is being noted across the world. Sharing a clip from the JP Morgan chief, who is holding up India as a case study to be emulated.
Check it out.
https://youtu.be/J0hoNpewiOo?si=oQ6quLIXJB5ZPq2N
Look forward to your continued participation.
Best
Anil
Hi Anil,
A delightful read! I find that this transparency and conciseness of communication is mirrored in the way the RBI communicates too. One of their speeches, by Deputy Governor Shri M. Rajeshwar Rao, underscores this concept.
Here’s a link to it, if you’d like to read it: https://m.rbi.org.in/Scripts/BS_SpeechesView.aspx?Id=1421
Thank you!
Dear Shashwathi,
Thank you for your kind words. Much appreciated.
Agree with you that transparency and pithiness in communication has been the hallmark of RBI. And thank you for the share on the Deputy Governor's speech--had missed this.
Look forward to your continued participation.
Best
Anil