14th March 2017
Chakravarthy Nalamotu’s analysis of Modi’s fake slogan: min.govt. max governance
Clearly Chakravarthy Nalamotu doesn’t read manifestos, else he’d have seen through Modi from day 1. But at least he is starting to understand the reality about ultra-socialist Modi:
Remember this is the same Prime Minister who campaigned on Minimum Government – Maximum Governance platform. A lot of right wingers like me, who believed in strong national defense, tough stance on terrorism, creating opportunities for the poor and not making them slaves of the State, low taxes, deregulation, privatization, voted for him.
What does he do after getting elected?
Mr. Minimum Government announces hiring of 2.5 lakh new government employees. Then he raises Service Tax from 12.36% to 14% then again to 14.5% and yet again to 15%. He then jacks up taxes on fuel five times in the span of an year to a point where taxes are higher than the original cost of petrol.
The total public debt was about 59 lakh crore rupees during UPA-2. Under Modi’s watch, it is set to reach 79 lakh crores in 2018 and it will further balloon before his first term ends.
Central Government budget expenditure was 15.6 lakh crores when UPA-2 exited office, now under Mr. MinGov’s leadership it stands at 21.4 lakh crore rupees.
Modi bailed out Air India at a whopping Rs.30,000 Crore cost to the taxpayer, when he should have just scrapped the airline once for all. He then squandered away Rs.70,000 Crores of our tax money by bailing out the corrupt public sector banks when he could have used it as an opportunity to privatize them.
This is the track record of Mr. Minimum Government.
Today after the UP election win, he says, poor want jobs not dole. It would be fantastic if he meant what he said.
Let us look at the ground reality- Modi increased the size of the Rural Employment Guarantee Program from Rs.37,341 Crores in 2015-16 to Rs.48,000 Crores. Everybody knows that this program doesn’t guarantee employment, but destroys jobs. He then increased the allocation of Pradhan Mantri Awas Yojana from Rs.11,603 Cr to Rs. 29,043 Cr, a massive 150% increase. This year he is spending Rs. 16,248 Cr on a bogus populist scheme called Swacch Bharat, which is an increase in allocation of 118% from 2015-16.
This is not all. Mr. MinGov has a laundry list of other welfare schemes that give out dole. For example, Atal Pension Yojana, Jivan Jyoti Bima Yojana, Sukanya Samridhi Yojana, School Nursery Yojana and the list goes on and on.