Modi, Modi, Modi. Never has a Prime Minister become a nightmare as much for the opposition as the humble but bold Prime Minister from Vadnagar, Gujarat, has for the past 2 and a half years. Post Surgical Strikes and Demonetization, the opposition is personally at a loss of words, completely clueless as to how malign Modi and his brand of bold governance, as a result of which they have resorted to cheap tricks, which would make even hardened terrorists of Islamic State look like heavenly angels, examples of which would put even the founders of such political parties to shame (AAP being one sole and shameless exception). Stooping down further is unfortunately the oldest political party in the history of India, the Indian National Congress.
Apparently on backfoot ever since Narendra Modi took his place as the 15th Prime Minister of India, the Congress party tried to mock Narendra Modi for his risky move of demonetization, issuing the following statement in a press conference, as spoken by Congress sycophant Biswaranjan Mohanty, an AICC spokesperson at Jamshedpur:
“The country’s economy was stable and developing but it was destabilised because of Modi-made disaster.”
If you think this was it, read on what he actually meant, as quoted in the portal of the newspaper, The Indian Express:
“Demonetisation was an “autocratic” decision of the Prime Minister, which rendered five crores people jobless, he alleged, adding People across the country, particularly poor farmers and small traders, are facing hardship even 50 days after the announcement of note ban. Mohanty asked the Prime Minister to answer the questions raised by Congress vice-president Rahul Gandhi and also provide a list of those who deposited over Rs 25 lakh in their bank accounts and the amount of black money recovered after demonetisation.”
Is that what Congress means to imply, that PM Modi took an autocratic decision of demonetization, rendering crores of people jobless? It is really unfortunate that one of our most charismatic Prime Ministers , Atal Bihari Vajpayee ji, is wheelchair ridden, and unable to speak, else had he been in his own style, he would have counter attacked the Congress party, who robbed him of the chance of questioning the party on the same grounds.
What Congress did to India and her economy is aptly summarized by our own Prime Minister, Shri Narendra Modi:
“When Congress inherited the government from NDA, our economic growth was like a huge airplane, ready to takeoff for higher achievements. Instead, Congress crashed the economy, before it even took off.“
Now many would start ranting how the economist PM Dr. Manmohan Singh had spurred the growth story of India to nearly 10% by 2007-08, and maintained the growth rate even in the times of global recession, and even brought India out of economic crisis in 1991, pushed forth the ideals of liberalization, privatization and globalization. I feel pity on such people, who think that this so called ex PM was really a man of substance. For starters, he was the following before becoming the PM of India in a surprising decision by UPA in 2004:-
- Chief Economic Adviser for Indira Gandhi Government, 1972-76
- Governor of the Reserve Bank of India, 1982-85
- Finance Minister of Indian Government, 1991-95
Now even after holding so many prime posts, this overqualified, Cambridge studied economist had the audacity to say this:-
“While the number of bank branches in rural areas has nearly doubled since 2001, there are still more than 600 million Indians who live in a town or village with no bank.”
So Mr. Manmohan Singh, may we common Indians have the privilege to ask you: WHAT IN THE NAME OF SEVEN HELLS WERE DO YOU DOING THEN AS CEA, EXTERNAL MINISTER AND THEN PM? Were you growing rice or daydreaming in office? Regarding more than 600 million Indians living in a town with no village or bank, this is more of a hypothesis than a straight, cold FACT! Understood? F-A-C-T. Even a 11th grade student, a possible novice in economics, would understand this simple thing, but a Cambridge qualified economist not understanding this simple thing is more of shame than being a genuine doubt. If you don’t believe me, then following are some solid facts that will shatter your myths about this overqualified economist cum PM:
- Manmohan Singh is STRICTLY not the brainchild behind liberalization of Indian economy. It was Subramaniam Swamy, who had put forward the idea of a mixed economy (including the systems of liberalization, privatization, & globalization), the system that India currently runs on, as back as 1973, when Indira Gandhi ruled INDIA with an iron hand. Ridiculed by the same as a ‘Santa Claus with unrealistic ideas’, his ideas were finally accepted by Chandra Shekhar as Indian PM (even though his government came down crumbling before the idea was implemented) and then by Pamulaparthi Venkata Narasimha Rao.
- Furthermore, the phenomenal growth story of India during UPA 1 was not entirely the handiwork of Manmohan Singh, for they had just inherited a stable and growing economy from NDA I. The depreciation story from 2011, courtesy 2 G scams & Anna Hazare’s movement, exposed the Congress’ inability to capitalize on growth in economy and FDI inflows. The Nirbhaya episode and the Augusta Westland exposes further dented their image in front of the public, and the Congress says that Modi destabilized a stable economy!
For those who doubt the above, here are some quick facts which further shatter Manmohan Singh and Congress led UPA’s image as a government promoting stabilized economies:
- By the time Atal Bihari Vajpayee left the PM’s chair in 2004, India was growing at an impressive rate of 8.52%. By the time Manmohan Singh left the chair, it had slumped to more than half the rate, at 4.3% . Who is Manmohan Singh then befooling?
- If the growth rate is enough to boil your blood, the Congress led UPA did not even leave the country’s fuel reserves intact. By 2014, they were at an all time low. For the first time, coal reserves, thanks to the Coal Gate Scam, were facing shortage, so much that India had to important huge amounts of high quality coal.
- Complete mismanagement of the petroleum resources led to the crude oil prices to an all time high of $108.7 in India, with petrol and diesel prices to as high as Rs. 80 and Rs. 100, as compared to Rs. 35.71 & Rs. 22.74 in 2004, by the time Atal Bihari Vajpayee had left the Indian government at the Centre.
It is clear by now that Manmohan Singh was a mere pawn, who had sold all his self respect to the scheming clan of Nehru – Gandhis, led by Sonia Gandhi and Rahul Gandhi, who left no stone unturned in selling the pride of India at throwaway prices. Had it not been for the risk taking spirit of PM Narendra Modi, only God knows what would have happened to INDIA. Although there’s a lot to be done further, at least we know that our country is in safe hands, not in the hands of those who were ready to sell India to Islamic terrorists by haranguing our own security forces to glorify certified terrorists like Ishrat Jahan and Bada Sajid as ‘innocent martyrs’!
Planning Commission of India Reports, from 2003-04 to 2013-14