Fuel Hike & National Deficit big Crisis for India: March 1, 2013 – News n Analysis by Dr. Raj Baldev, Cosmo Theorist, on the Tamil Nadu Chief Minister Jayalalithaa’s accusation that the UPA Govt. is pushing people into another crisis and untold miseries with today’s petrol price hike. What would you like to say about it?
I gave a hint yesterday in one of my analysis on the Budget that hard days are ahead, India is waiting to face many problems; the budget was primararily designed to please the people in wake of General Elections of 2014, which the govt. even might plan to announce earlier.
The Chief Minister Jayalalithaa is very much right on the growing crises like petrol and termed is as “untold miseries” with today’s hike. She has warned that the prevailing attitude shall destroy the Central Govt. hence she demanded the roll back to avoid such a situation.
Her words to the effect:
“I wish to tell the government that if it goes ahead with ‘troubling-the-people-is-a-norm’ approach, they will shed tears unable to tolerate the atrocity which will become a tool that will destroy the central government”.
She expressed her concerned that the latest price hike has been announced just within a fortnight of the previously increased fuel prices. This shall be “yet another crisis and untold miseries for people,” she said in a statement.
She openly blamed the UPA government, of which DMK is a constituent, had already created difficulties for the people with the Railway Budget and Union Budget and added that Centre’s ‘wrong’ economic policies would only deteriorate the nation’s economy and not put it on the growth path.
She said the pricing of petrol on rupee value was not a correct one as it keeps changing and demanded an immediate rollback of the Rs. 1.40 per litre increase in petrol prices.
No doubt some of the issues are not in the hands of the Govt. but the way budget is released, shows the Finance Ministry lacks experts to visualize the country’s problems, the budget did not keep into account certain serious problems in mind, the Finance Minister had, probably looked at the next general elections of 2014 and not the serious problems by which the country is going to be hit in the near future.
The govt. is so careless for taking the ever increasing deficit of the country so light.
Time is not far when other states like TN may jointly come forward to protest against the price hike of petrol and demand its rollback before the so-called imperfect govt.