23 September, 2020

A Specious Vision

A nice little drama—or the first act of one whose duration is as yet uncertain—has just been played out before our eyes.

A Specious Vision
outlookindia.com
-0001-11-30T00:00:00+05:53

A nice little drama—or the first act of one whose duration is as yet uncertain—has just been played out before our eyes. The country's new finance minister announced some guidelines on Government austerity and fiscal prudence—apparently just the sort of things that Indian business and foreign investors and credit rating agencies have been rooting to hear. Within a few hours, however, the Left Front and trade unions across the political spectrum landed on him like the proverbial ton of bricks.

Chidambaram was attacked principally for asking all ministries to reduce manpower "to the maximum extent possible and in the shortest possible time", and for the declaration, "no real increase in pay and allowances for government staff from 1997-98 onwards". "Instead of tapping the big monopolists and landlords for resource mobilisation, the finance minister has declared a war on the hard-earned earnings of the public and the working class," said the CPI(M), in that lovely archaic terminology that is the hallmark of communists....

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