Clueless UPA  demure at World Economic Summit
July 13, 2025
  • Read Ecopy
  • Circulation
  • Advertise
  • Careers
  • About Us
  • Contact Us
Organiser
  • ‌
  • Bharat
    • Assam
    • Bihar
    • Chhattisgarh
    • Jharkhand
    • Maharashtra
    • View All States
  • World
    • Asia
    • Europe
    • North America
    • South America
    • Africa
    • Australia
    • Global Commons
  • Editorial
  • International
  • Opinion
  • Op Sindoor
  • More
    • Analysis
    • Sports
    • Defence
    • RSS in News
    • Politics
    • Business
    • Economy
    • Culture
    • Special Report
    • Sci & Tech
    • Entertainment
    • G20
    • Azadi Ka Amrit Mahotsav
    • Vocal4Local
    • Web Stories
    • Education
    • Employment
    • Books
    • Interviews
    • Travel
    • Law
    • Health
    • Obituary
    • Podcast
MAGAZINE
  • ‌
  • Bharat
    • Assam
    • Bihar
    • Chhattisgarh
    • Jharkhand
    • Maharashtra
    • View All States
  • World
    • Asia
    • Europe
    • North America
    • South America
    • Africa
    • Australia
    • Global Commons
  • Editorial
  • International
  • Opinion
  • Op Sindoor
  • More
    • Analysis
    • Sports
    • Defence
    • RSS in News
    • Politics
    • Business
    • Economy
    • Culture
    • Special Report
    • Sci & Tech
    • Entertainment
    • G20
    • Azadi Ka Amrit Mahotsav
    • Vocal4Local
    • Web Stories
    • Education
    • Employment
    • Books
    • Interviews
    • Travel
    • Law
    • Health
    • Obituary
    • Podcast
Organiser
  • Home
  • Bharat
  • World
  • Operation Sindoor
  • Editorial
  • Analysis
  • Opinion
  • Culture
  • Defence
  • International Edition
  • RSS in News
  • Magazine
  • Read Ecopy
Home General

Clueless UPA  demure at World Economic Summit

by Archive Manager
Nov 26, 2011, 12:00 am IST
in General
FacebookTwitterWhatsAppTelegramEmail

Clueless UPA demure at World Economic Summit

Promotes a myth: Growth vs inclusiveness

By Ravi

It was for the first time that the World Economic Forum’s (WEF) India summit was organized in Mumbai, the commercial capital, rather than in New Delhi. But it was not the first time that the differences between the aspirations of the nation and the principles of the ruling United Progressive Alliance (UPA) clashed.

Reliance Industries chairman Mukesh Ambani said, “What has happened in the last 20 years is that the energy of all sections of Indian society has been unleashed to build a new India.” For this, “We need to move a lot faster.” Chanda Kochhar, managing director and chief executive officer of ICICI Bank, the country’s largest private bank, also favored faster decision-making.

Unfortunately, the Congress-led UPA’s response left a lot to be desired. It tried to hide its gross incompetence and monumental corruption behind the smokescreen of the metaphysical concept of ‘inclusive growth.’ Commerce Minister Anand Sharma tried to convince the world that his government has to go slow about economic reforms because the holy cows of inclusiveness and social justice could not be given up.

So, Maharashtra Chief Minister Prithviraj Chavan put it: “The big challenge before the political system in India is to manage the diversity in our country. It is very difficult to satisfy the fast movers.” As if the heterogeneity of India were unknown before 2004 when the UPA began its ignominious rule! And as if there were a contradiction between growth and inclusiveness!

A 2009 World Bank paper says, “Rapid and sustained poverty reduction requires inclusive growth that allows people to contribute to and benefit from economic growth.” In other words, ‘inclusive growth’ is still growth, not something other than or apart from it. The paper goes on to add, “Rapid pace of growth is unquestionably necessary for substantial poverty reduction, but for this growth to be sustainable in the long run, it should be broad-based across sectors, and inclusive of the large part of the country’s labor force.”

The Planning Commission does not believe inclusive growth to be much dissimilar, though it waxes eloquent about the impact rather than content of inclusive growth. In its approach paper to the Twelfth Five Year Plan (2012-17), it said, “Inclusive growth should result in lower incidence of poverty, broad?based and significant improvement in health outcomes, universal access for children to school, increased access to higher education and improved standards of education, including skill development. It should also be reflected in better opportunities for both wage employment and livelihoods and in improvement in provision of basic amenities like water, electricity, roads, sanitation and housing.”

Inclusiveness, it adds, would need “multiple interventions.” What the plan panel does not add is that inclusiveness would also need money, a lot of money. And this would not be available without high growth.

Another prerequisite is governance. Howsoever large may be the sum that a government decides to spend on for the removal of poverty, whatever may be quantum of outlays for employment guarantee schemes, whatever may be the number of people the government decides to bring under the food security net—everything would come to naught if the levels of efficiency and probity are low in the quarters that matter. And this is exactly the case with the UPA regime. It’s a government which is mired in all sorts of scandals. Worse, its leaders refuse to admit the rot. They are either in the denial mode—remember Kapil Sibal’s ‘zero-loss’ theory?—or desperately trying to persuade us that they are not particularly bad; others are also corrupt.

Then there is the abomination called the National Advisory Council that UPA chairperson Sonia Gandhi has burdened the nation with. The body, some of whose members are rabidly anti-business, is busy pushing an agenda that is inimical to the interests of the economy. This bunch of Luddites, Leftists, and sundry other jholawallahs want to take the nation back to the dark ages of Nehruvian socialism. Nothing would delight them more than killing economic growth.

UPA bosses believe that these professional revolutionaries can be used to making inroads into the regions heavily populated by tribals and appeasing the Muslims. What would be more important than getting these groups included in the ruling party’s vote banks? If growth suffers in the process, so be it.

(The author is a freelance journalist)

ShareTweetSendShareSend
✮ Subscribe Organiser YouTube Channel. ✮
✮ Join Organiser's WhatsApp channel for Nationalist views beyond the news. ✮
Previous News

BOOKMARK-I

Next News

COVER STORY

Related News

Representative Image

Indian Institutes and ISRO collaborate with AXIOM-4 for space research to strengthen Gaganyaan 2027 programme

Global Awards as diplomatic tools: The weaponisation of recognition

Representative image

Timeless beauty of Cuttack Silver filigree craft

Time for ‘Operation Swadeshi’ to Counter Economic Colonisation

BJP leader Shahnawaz Hussain

“No controversy in voter revision drive, ECI running campaign with good intentions”: BJP leader Shahnawaj Hussain

Representative image

India takes final steps to end Maoist insurgency

Load More

Comments

The comments posted here/below/in the given space are not on behalf of Organiser. The person posting the comment will be in sole ownership of its responsibility. According to the central government's IT rules, obscene or offensive statement made against a person, religion, community or nation is a punishable offense, and legal action would be taken against people who indulge in such activities.

Latest News

Representative Image

Indian Institutes and ISRO collaborate with AXIOM-4 for space research to strengthen Gaganyaan 2027 programme

Global Awards as diplomatic tools: The weaponisation of recognition

Representative image

Timeless beauty of Cuttack Silver filigree craft

Time for ‘Operation Swadeshi’ to Counter Economic Colonisation

BJP leader Shahnawaz Hussain

“No controversy in voter revision drive, ECI running campaign with good intentions”: BJP leader Shahnawaj Hussain

Representative image

India takes final steps to end Maoist insurgency

India faces new security threats from Bangladesh under Yunus regime

Representative image

India leads the charge for climate justice

Representative Image

“Conspiracy Against Maharaja”: Kashmiri Pandits recount 1931 carnage on July 13

India’s final war cry against Pak-sponsored terrorism

  • Privacy
  • Terms
  • Cookie Policy
  • Refund and Cancellation
  • Delivery and Shipping

© Bharat Prakashan (Delhi) Limited.
Tech-enabled by Ananthapuri Technologies

  • Home
  • Search Organiser
  • Bharat
    • Assam
    • Bihar
    • Chhattisgarh
    • Jharkhand
    • Maharashtra
    • View All States
  • World
    • Asia
    • Africa
    • North America
    • South America
    • Europe
    • Australia
    • Global Commons
  • Editorial
  • Operation Sindoor
  • Opinion
  • Analysis
  • Defence
  • Culture
  • Sports
  • Business
  • RSS in News
  • Entertainment
  • More ..
    • Sci & Tech
    • Vocal4Local
    • Special Report
    • Education
    • Employment
    • Books
    • Interviews
    • Travel
    • Health
    • Politics
    • Law
    • Economy
    • Obituary
    • Podcast
  • Subscribe Magazine
  • Read Ecopy
  • Advertise
  • Circulation
  • Careers
  • About Us
  • Contact Us
  • Policies & Terms
    • Privacy Policy
    • Cookie Policy
    • Refund and Cancellation
    • Terms of Use

© Bharat Prakashan (Delhi) Limited.
Tech-enabled by Ananthapuri Technologies