Monday, January 9, 2012

Best PM of India

The year 2011 is being touted as one of the worst for the Indian government. U-turn on major policies just because they threatened loss of votes. Policy paralysis. Spate of scandals. Stark evidences of corruption. Such issues have darkened the public image of the government. Even the business community hurled verbal stones blaming the government and most importantly the Prime Minister (PM) for the dismal state of affairs in the country.

The PM, Dr Manmohan Singh, has naturally come under the hammer as he is the face of the government. He has been held responsible for the government's inaction. But despite such a widespread negative opinion, there is one respected gentleman who thinks that we Indians are blessed to have Dr Singh. This gentleman is none other than Mr Deepak Parekh, of HDFC Ltd. who in 2011, was vociferous on issues like the inefficiencies of the Indian government. He is the same man who had co-authored the Open letter to the PM citing the need for better governance to improve the business sentiment in the country. Now in a recent media interview, Mr Parekh has stated that Dr Singh is the best Prime Minister that we have had. The reason for this is that Dr Singh is one of the cleanest politicians with hardly any scandal or misappropriation to his name. Without argument, Mr Parekh's reason is true. However, we think his conclusion is wrong.

True, Dr Singh is as clean a politician as it comes. However, his inaction and silence on the poor governance by his team question his ability to lead the country. We need a PM who is willing to bring about the much needed reforms. Considering that Dr Singh is the same person who had introduced reforms way back in 1991, he does appear to be the ideal candidate for this job. But by bowing to the demands of the coalition as well as the opposition, he seems to be doing everything but his job. His job profile appears to be just helping his peers in garnering more votes. Rather than helping the country, the job for which he was appointed in the first place.


The above is from a Newsmail I receive from Equitymaster.

Opinions will vary as to who has been the best prime minister.
The Nehru - Gandhi family and their chamchas would like that title to go to one of its family. After all there were three, Nehru, Indira Gandhi and Rajeev Gandhi.
The family just cannot think of another person who could actually get the credit, P V Narsimhan Rao who has been thrown in the dustbin
Business would say Manmohan Singh for not what he did as Prime Minister but what he did as Finance Minister under P V Narsimhan Rao. He opened the floodgates for making astronomical profits, unthinkable earlier.
As PM, Manmohan Singh has been a total failure and he cannot be called the best just because of his honesty. Even if honesty is taken into consideration, that credit should go to Lal Bahadur Shastri.
A person who allows dishonesty to flourish under him, whatever the reasons, cannot be called honest, by any chance.
No, Manmohan Singh will be remembered for the mess he has made of the country by succumbing to the pressures in different directions and not having a true Lokpal bill passed. If he was honest, he would have allowed the CBI to be removed from government control which everybody wanted.
By allowing the likes of Lalu Yadav and A.Raja to flourish under him, he has brought a disgrace to the office of the prime minister.
It would be unfair not to mention some good he has done.
Right to Information, although the poor person who raises the question is killed.
NREGA has put money in the pockets of the poor. But it is money given for unproductive work which does not improve our GDP. There is a saying, you give a man fish, he will eat for one day but you teach him fishing, he will never be hungry. NREGA is just like giving fish only and is breeding further corruption and low output.
ADHAR or UDI is the single most important decision he has taken.

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