Congress has done something which is going to yield result in the - TopicsExpress



          

Congress has done something which is going to yield result in the coming 10-15 yrs and it must be credited with that.people are anguished because its policies have not yielded any result in recent years.take for example RTI act,MNREGA,RTE,MIDDAY MEAL,SARVA SIKSHA ABHIYAAN,lAND ACQUiSITion Act,FOOD SECURITY ACT.these social welfare programmes intended to curb poverty and augment the income of the poor who comprise 80%of the populace.whynot they should be looked after they r also Indians.the economic reforms and Globalisation benefitted the Rich and The Middle class.the rich expanded their business and the middle class got the jobs in their businesses and other Mncs.they both got benefitted.the other who r poor should also ve benefit from Indias growth.Democracy is abt Inclusiveness.these social welfare programmes will benefit them and will pump out from the well of poverty.the economic implication of these programmes will be that they will act as a jack to push poor people into middle class.the purchasing capacity will be built .middle class will swell frm 30 Crores to 60-70 Crores.ours is a consumerist economy driven by internal demand.middle class represents consumerist class who ve purchasing capacity for consumer goods.india will become a promising market for Mncs.they Ill get attracted to this investment destination and make investments here thereby creating millions of jobs to middle class.but it will take 10-15 yrs to complete this circle.At the present their policies harmed the rich their business and the middle class.Middle class is aspirational and todays youth r instant.they cant wait for 10-15 yrs for their opportunity.it is at this point Modi has come to play in the match.he has seized the Aspirational and instant nature of people.he is telling I Ill do for u instantly as soon as I m elected.his popularity is on cloud nine.Rich and the middle class are already supporting him.he is trying to mobilise the support of those covered by social welfare programmes by appealing to them his humble origin as a Teaseller...
Posted on: Sun, 09 Mar 2014 15:21:09 +0000

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