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Thursday, Sep 23, 2021
Outlook.com

Too Many Sacred Cows

The administration can't do anything dramatic in the Budget

Too Many Sacred Cows
Too Many Sacred Cows
outlookindia.com
-0001-11-30T00:00:00+05:53

In London, you can see sad old men in dirty raincoats, standing at street corners and "flashing" their private parts at pedestrians, desperately trying to regain their virility. The BJP government too seems to have been reduced to this pitiful condition. Sapped by its allies, it is now indulging in political exhibitionism.

Nuclear or not, a country is powerful when it is rich. India can only be globally virile when 500 million, not 50 million Indians are prosperous. Otherwise, all this nuclear posturing reduces to a "flash" in the pan! The only way global bullies like the US can be silenced is through gaining economic muscle. China has learnt this lesson. India has not.

The budget offers a change to gain some real virility. Can this government rejuvenate the economy or at least start the process? First let’s get one thing clear: bilateral sanctions do not debilitate the economy. Trade is important, but not crucial, for our economic fortunes. Our failure to attract significant FDI has come as a perverse...

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