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Editorial

Merging of banks: Reform or damage control measure?

The merging of banks is in news in the recent days. The government is calling it a reform of banking sector. This could be one of the many blunders that the government could be making in order to cover up for the many blunders to bail out the banks that have suffered many setbacks with economic burden of bad loans. Demonetisation was another massive blooper that way and the country is still paying for that mistake.


Govt policy led to hike in fuel prices

The prices of petrol and diesel are increasing since the last month and half. Rupee value has hit the rock bottom. As a result of these two incidences, prices of essential items have been skyrocketing. Congress and left parties staged a nationwide bandh against this. Finance minister Arun Jaitley does not have a straight answer for this uncontrolled hike in fuel prices. He speaks about economy, GDP and fiscal health of the country as a response to questions on this issue. He says the country is in a good space as far as economy is concerned and gives out data on that topic.


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Misery of Indian elephants

There have been many contradictions in Union Minister Maneka Gandhi’s decisions and opinions. She speaks much vocally against the violence on animals. But then she maintains silence on issues pertaining to violence against people. She bats for animal rights, but is very irritated with human rights activists. In her ecological world, the poor or the labourer or the farmer finds no mention.

Gaushala instead of schools; cleanliness without pourakarmikas!

Various sections of media are covering PM Modi’s swachata or cleanliness programmes with great aplomb. On the other hand, the government is spending crores together on setting up gaushalas for cows. And at this time, two reports have been published that could mock the schemes listed above. One being, five people have died after getting into the sewer manhole in Chhattisgarh. Another news is that a there are no schools in 13,511 villages in the country. And Uttar Pradesh stands on top of the list of states without schools in the country. This information kind of mocks the whole interest Yogi Adityanath is showing in setting up cow shelters since the time he took over as CM.

Self-inflicted issues rocking coalition govt

The current congress is a fine example of attempts for early harvest without even giving the crop time to grow. The govt is a coalition of JD(S) and Congress. It came into existence under duress and as a result of anxiety that BJP and JD(S) may come together to claim their right over forming the govt. All this hurried coming together is showing its impact now. There were two main reasons for this hurried coming together. One was to keep BJP away from the seat of power. Second was to keep former CM Siddaramaiah away from the power centres of Congress. The latter reason was a lot more important to leaders within the congress since the party had become synonymous with his identity. The preparation for this had started even before the elections were announced. The failure of Siddaramaiah was more of a result of Congress conspiracy than the attempts made by leaders within the BJP.   

FM must own responsibility; resign to save face

Entrepreneur Vijay Mallya has blasted quite a few bombs sitting in his abode abroad. While the water crossed the danger mark, Mallya has pushed union minister Arun Jaitley and tried to perch over the minister’s back to save his life. He has informed the media that he tried meeting the finance minister before he left India, and had even expressed his inclination to clear the dues up to the tune of Rs 9000 crore that he owes to various banks.

Bring petrol, diesel under GST

A bandh called to protest the rising fuel prices was a total success. The whole credit of this success should go to Narendra Modi and no one else. This bandh was not a result of some pressure brought on another political party. The country responded voluntarily. The value of rupee is continuing to fall against the dollar. The devaluation of rupee and rising oil prices are two faces of the same coin. The government is stumped at their pace.

Government must consider population as resource

A report mentioning the spurt in the number of aged people by 2025 has been recently released. There has been a massive changeover in the ratio between young and aged people. China is now going through this phase. The main reason for this is to having clamped down ‘one child policy’. With this, the number of young people reduced in that country and the aged were in double numbers. Before the situation got out of hand, China went easy on that policy and encouraged couples to have more children.

India spoke through Bharat Bandh

Through the bandh that was called by opposition parties on Monday, it has been very evident that people are very upset with the current regime. The bandh called by Congress, other parties and other pro-people organisations has been a whopping success.

PM Modi has to break his silence Now

The BJP led by Modi used rising petrol prices as their most powerful weapon to attack the UPA government in the run up to 2014 elections. They added generous amounts of fuel to this petrol fire and spoke at rallies at lengths. Today, those speeches are coming back to bite him.

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