Mr. P.M. has started to fail...!!!!

        The scam after scams has hit the present government very hard. The Stock Exchange, though under the cover of U.S. sneeze have shown a southward trend, the real reason is deteriorating sentiments at home. The markets and the components of the economy have expressed its distrust for this Congress Government. The present situation is very-very bad for the Indian Nation as a whole. One after one markets will collapse in the short run. The reverse cycle has began. People will come out of the Share Market and other markets, those who have already invested in the real estate after earning huge profits in share markets, will find no buys for their homes now, if they have invested such profits in real estate.

    Already real estate markets are showing signs of cracking. The huge investments which has come from outside India, the money is clear routing back of the Indian black money into economy, which had created a price rise in the real estate markets, will take a big plunge in very near future. The investors are not interested in investing, as are the actual buyers, who are waiting for the actual plunge to happen. Because he knows that he can not buy the homes at the present market price and he will wait. While the building industry is required to pay the interest on debts they have taken from various sources like banks.

These investors have capacity to wait for some time more and wait for the prices to stabilize. But present situation will be out of control for M.Singh & Mr. M.Ahulwalia.

The economy has slowed down. Such slow down can be blamed on mismanagement of TRUST, the people & foreign investors had in the PM Manmohan Singh's governing team. The inflation is not checked. Not a single government official is seemingly working hard to contain inflation. About inflation, there is a big & hot sentence is known which goes as "NOBODY HAS JAADU KI CHHADI"

Well, to me, it is nothing less than running away or shying away from the real issue. The real cause of inflation has not been studied seriously and nobody seems interested in doing it. Both, Congress & BJP are hand-in-glove due to the corruption, in which both of them indulged. It is very simple and has very little side effects on the economy. Following steps if implemented by our learned Prime Minister, Chief of Planning Comission and longest ever served Finance Minister of India and yes, I forgot, the political big-wig, Mr. Sharad Pawar. The following simple steps & policies will help reduce the probles as faced by the people of this country;

1. The de-listing of the farm products from the MCX. You can completely close MCX from provising any platform. Forward trading will bring down the prices, which will bring down hoarding as carried out by the traders. 
2. Halt all infrastructure projects, untill utter transperancy is not brought in the project execution, like; project costs, period oc completion, fixing responsibility on officials for not completing projects in time, liability of contractors in case of sub-standard work.
3. Curtailing spending by the Government officials or the ministerial officials on their private expenses.
4. Ending subsidies on diesel consumed by the luxury car owners. They must buy the diesel at market rates.
5. Banning import of products which do not increase productivity. 
6. Setting up and managing priority this nation needs. We have SIM card easily available and cheaper than we can provide milk to the poor people, who live BPL.
7. Strengthening Public Distribution System (PDS) to reach it to the maximum people and there is no waste of the food grains. It is beyond one's comprehension that so called economist, the Prime Minister, Chairman of the Planning Commission & Finance Mister along with Food & Civil supplies Minister, express their inability to distribute the food to poor and their inability to save the millions of tonnes of food grains from rotting. 
8. We must not boast our selves as a developed economy but better we accept ourselves as a developing economy. Congress must understand that Sonia Gandhi is a foreigner and will remain so. she is yet to prove her nationalistic loyalty to India. All her actions are not in tandem with her claim to be a perfect nationalist.
9. Privatization under the pressure & influence of IMF was good but it must have DESHI touch to it and must be political decisions rather then economic decision as well as must touch the humanitarian aspect.
10. Govt must slow down its policy of taking wealth into few hands, by not protecting small level players. Hence allowing foreign investments in retail sector must be postponed and taken very carefully so that the large number of small time businessmen could turn into job seekers into big corporations like wallmart.

These few steps will ease inflationary pressure on the Indian masses. Instead of sitting in side the air conditioned chambers, Finance Minister must start doing something.   He may be right some-where, wrong some-where. Trial & error method will and can help solve any problem. But for that you need to work and do something. PM & PC Chairman may have last chance to improve what they have put this country's state of affairs to. At the moment they seem to be clueless with respect to the same.

Not writing, is better about the Food & Civil supplies Minister, Late Shri Sharad Pawar.

(To Be Continued...)