With volatility in the Indian stock markets and FII like UBS running amuck, using the sensex to measure government performance is a joke!
In any case, even for the ignoramuses the Sensex for the India shining men touched an all time high of 6,250, only to slide to 4,300 levels in mid May before Manmohan singh government was sworn in. In mid May 2005 sensex was around 6400 (above peak achieved by the bungling NDA). So then, why is the period of Jan to May 2005 used to evaluate a years performance !! Quite obviously for the absence of anything else to berate the UPA with.
Now to some of the UPA achievements:a)Fiscal deficit decreased in 2004-2005 from 9.4 % of GDP to 7.9 % in 2004 -05 (this despite higher oil prices, tsunami and most importantly no fraudulent disinvestment sales)b)Communal thugs like Pravin Togadia have lost thier spunk and their trishuls without a doting BJP in power! c)Extraconstitutional UNELECTED communal RSS back to fringe rather than dictating policy and ministerial berths d)Repeal of draconian POTA yet terrorism down e)Employment guarantee bill which seeks to do something for the marginalised (which the BJP is stalling through boycott of parliament)
Pravin Togadias wayward statements
by Gauzbig on Jun 09, 2005 08:46 AM Permalink
Kaushik Das: Your comment 'Prove one statement of Pravin togadia wrong'
So then, do you even now think that his statements on Advani being guilty of 'treason' and' anti national etc.' are right?
RE:India dimming - Utter moonshine (Part 2)
by Kaushik Das on May 27, 2005 12:37 PM Permalink
Well, look around and you'll find lots to berate the UPA with. The sensex just shows market sentiment of investors. Yes, but sensex touched 6250 from a considerably low mark. Don't forget that. Now it is 6400 from that. In fact it has decreased from 6600. It slid to 4300 because of manmohan singh's congress winning. Sensex is doing well because congress did exactly what the UPA was doing. Firming up the economy with exactlythe same policies which they berated when they were in opposition. Fiscal deficit - It had INCREASED the last time I heard it. Disinvestment sales were not fraudulent under NDA because the honourable Mr. Shourie was looking into it. However, I am not sure about the disinvestment the congress is about to start for PSUs. Prove one statement of Pravin togadia wrong. Anyway, communal thugs like the imams and popes are now rising - they are more harmful than PT. What about the unelected manmohan singh himself? what about the extraconstitutional sonia? POTA is required for any nation that wants to be safe. Some elements need modifications, of course. Who said terrorism is down????? EG bill is corruption agenda. There are no guarantees in life.
RE:India dimming - Utter moonshine (Part 2)
by Gauzbig on May 29, 2005 11:47 AM Permalink
Fiscal deficit - It had INCREASED the last time I heard it
Comment: When was the last time you heard about it ? Care to share some numbers pl?
Disinvestment sales were not fraudulent under NDA because the honourable Mr. Shourie was looking into it.
Comment: HUH ? The CAG had handed out commendation letters for Shouries honorable handling of the Centaur sales ? Before shooting from the hip, do remember that the CAG is a consitutional authority and is not an arm of CPM or the UPA...
What about the extraconstitutional sonia? Comment: What about it ? Sonia Gandhi is the President of the Congress and thanks to the changes brought about by NDA she holds a constitutional position. What is the extra consitutional role played ? Pl specify. She has been responsible for pushing the contentious Right to Information Act.Is that an extra constituional role?
NDA has been running to the law courts for anything and everything, why are they sitting quiet on the so called extra constitutional role ? There is a Supreme Court of India that can and will intervene if there's extraconstitutional power.
Bereft of issues,this is just part of the NDA spit and run campaign.
