Dr.T.V.Gopalakrishnan , Mumbai , says: TMC's reaction to the Railway budget smacks of bad politics over good economics.This is not pro-poor in the long run.The economy has to grow fast to remove poverty and Railways play a key role in facilitating this growth. This is a vital infrastucture and it needs to be developed to ensure equitable distribution of nation's wealth and inclusive growth. At this rate,the growth of the economy and upliftment of the masses will remain a distant dream and this sort of shortsightedness on the part of Powerful,influential and popular politicians has an adverse and damaging imapct on the economy.
15 Mar 2012, 1818 hrs IST
This in response to the opinion poll in ET.
(This appeared in ET dated 15/03/12)
Dr.T.V.Gopalakrishnan
Showing posts with label politics. Show all posts
Showing posts with label politics. Show all posts
Thursday, March 15, 2012
Tuesday, September 27, 2011
Poverty, Statistics, Politics and the common man
The editorial Poverty of Statistics is very apt. The Planning Commission's submission to the Supreme Court that a person who earns Rs 32( not 31 as indicated ) in urban area and Rs 27 in rural area should be treated above poverty line only reflects poor understanding of the poverty, or of the value of the rupee, or the inflation level prevailing in the economy, or the credibility of data by its Members. It also reflects poorly, the concern that the Members have for the people particularly the poor.It is okay if these poor people have access to some canteens maintained by the Govt and the food is made available at these rates.It is time to admit that there is no accuracy of data with regard to the poor people and the method of arriving at the poverty level has no consensus. The amount of subsidies and various poverty linked programmes do not benefit the poor are common knowledge. The UID is the only hope left now and hope some lasting solution to remove poverty will be found soon.
Dr.T.V.Gopalakrishnan.
(This appeared in The Hindu-Business Line Dt 27/09/11).
Thursday, September 22, 2011
MNCs and Labour Unions in India
The following is my comment on the article"MNCs cannot wish away union"
appeared in The Hindu Business Line Dated 22/09/11.
The write up justifies the need for recognising workers right to unionise and fight for their just rights by MNCs. The exploitation of workers has been going on for years and taking labourers on contract basis without any welfare or terminal benefits has been the order of the day. No doubt, making the workers to discharge their duties and responsibilities is sine qua non for any economy to register growth, it is also equally the responsibility and duty of the employers to see that workers are not exploited to satisfy their greed to amass wealth. The reforms in Labour laws are long overdue and it is the ideal time for the Government to take all the Unions into confidence to initaite and finalise meaningful laws to ensure smooth functioning of companies without any sort of exploitation of workers. They have to be compensated for their labour and militancy should never be tolerated. Politicisation of unions should be avoided and reforms of laws need to reflect this strongly.
Dr.T.V.Gopalakrishnan
(This appeared in The Hindu Business Line E paper dated 22/09/11)
appeared in The Hindu Business Line Dated 22/09/11.
The write up justifies the need for recognising workers right to unionise and fight for their just rights by MNCs. The exploitation of workers has been going on for years and taking labourers on contract basis without any welfare or terminal benefits has been the order of the day. No doubt, making the workers to discharge their duties and responsibilities is sine qua non for any economy to register growth, it is also equally the responsibility and duty of the employers to see that workers are not exploited to satisfy their greed to amass wealth. The reforms in Labour laws are long overdue and it is the ideal time for the Government to take all the Unions into confidence to initaite and finalise meaningful laws to ensure smooth functioning of companies without any sort of exploitation of workers. They have to be compensated for their labour and militancy should never be tolerated. Politicisation of unions should be avoided and reforms of laws need to reflect this strongly.
Dr.T.V.Gopalakrishnan
(This appeared in The Hindu Business Line E paper dated 22/09/11)
Sunday, September 18, 2011
Petrol Politics, Inflation and Indian masses
This is in response to the write up on "For petrol, Indians shell out the most in the world". The link is here
The only explanation for high prices of oil in India is the total mismanagement of the economy and utter disregard for the concern of the people's suffering. It is a solid example that pricing in india is not based on any rationale.The tax,wastage, extravaganza of companies who deal in petroleum products, maldistribution and wrong method of transportation and excessive cost on tranportation will account for the mismanagement. Black money, corruption and other mal practices like adulteration also add to the cost to the ultimate consumer. Governance is literally absent and accountability is virtually missing. People are helpless and they silently suffer. This is one of the major reasons for continued persistence of high inflation and the Reserve Bank has its own limitations in such matters like pricing of essential consumable items having inflationary impact.
Dr.T.V.Gopalakrishnan
The only explanation for high prices of oil in India is the total mismanagement of the economy and utter disregard for the concern of the people's suffering. It is a solid example that pricing in india is not based on any rationale.The tax,wastage, extravaganza of companies who deal in petroleum products, maldistribution and wrong method of transportation and excessive cost on tranportation will account for the mismanagement. Black money, corruption and other mal practices like adulteration also add to the cost to the ultimate consumer. Governance is literally absent and accountability is virtually missing. People are helpless and they silently suffer. This is one of the major reasons for continued persistence of high inflation and the Reserve Bank has its own limitations in such matters like pricing of essential consumable items having inflationary impact.
Dr.T.V.Gopalakrishnan
Friday, September 9, 2011
Obama's Package for Job creation in US
Obama's proposals merit consideration, but will the politicians' agree? is the major issue. The economic crisis in US is more of political making than anything else. It is unfortunate that the politicians even in most advanced nation like US are behaving like the politicians of undeveloped / underdeveloped economies. Politics spoils the best of intentions whether they come from Obama or someone else. Obama has universal welfare in his actions and thoughts but the politicians of US have their own greed for power, money and self interests. Nothing can be done in such circumstances.
Dr.T.V.Gopalakrishnan
(This appeared in ET E paper dated 9/09/11).
Dr.T.V.Gopalakrishnan
(This appeared in ET E paper dated 9/09/11).
Subscribe to:
Posts (Atom)
