VOX POPULI
by
WISHING YOU ALL A HAPPY DEEPAVALI
Contents: 1. Oh Kolkata! 2. Critiquing the Supreme Court & Some Of Its Judgments 3. After The Attack On RBI The Best Thing That Arun Jaitley Could Do Is To Quit Oh Kolkata!
Critiquing the Supreme Court & Some Of Its Judgments SC judgments lately are an overreach with the Sabarimalai temple likely to be closed over the entry of women and now the CBI emasculated so to speak over the judgment in the Director Verma midnight sacking Issue. Also the NRC fiasco in Assam that has resulted in so much pain and trauma to some families with the exclusion of some of their near and dear ones from the NRC and consequently maybe facing deportation. In each of these cases, the SC should have recused themselves from taking on the cases.
After The Attack On RBI The Best Thing That Arun Jaitley Could Do Is To Quit One of the worst Finance Ministers that India has seen, Arun Jaitley is throwing his weight around and enacting the scenario defined in the Hindi metaphor - Nach Na Jane Angan Teda. After finding that nothing is going right with the Indian economy and with it going consistently downhill since 2014, his latest attack has been against the RBI blaming them for not regulating the 'profligate' lending seen in the last decade by the Banks. Where Jaitley should have hauled up the Bank top officials for indiscriminate lending he is going after the regulator! With the present BJP government this has been the tendency where incompetent people rule the roost and who flail around when things do not go right and then look for scapegoats to blame. Classic among such people who are square pegs fitted into round holes is Arun Jaitley. His penchant for pontificating on matters that he least understands underlines another Hindi metaphor - Jiski Lathi Uski Bhains. He believes that just because he is named as the Finance Minister people need to listen to him on economic matters. Reluctant to cede his position of authority was highlighted during his leave of absence for health reasons when he made sure the Finance Ministry website continued with his name being mentioned as Finance Minister and he continued blogging on financial and economic matters undermining the position of the temporary incumbent. Even on the major Demonetisation Exercise though he was not taken into confidence he realised that unless he plays ball Narendra Modi may get another bee in his bonnet and look for another Finance Minister. Given the task of implementing the GST, Arun Jaitley made a merry mess of it by not heeding the GST Council recommendations to firstly, delay implementation by just a couple of months until everyone was ready, secondly have multiple tariff levels like the old Sales Tax regime, thirdly not having the back-end of computerisation ready to take on the full load of tax payees. All this has resulted in tax revenues not rising to the levels expected and people now trying to beat the system. So Arun Jaitley should get real and recognising his limitations quit as Finance Minister in which case he would be doing a big favour to the nation.
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Wednesday, November 7, 2018
Vox Populi Issue 255
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