I always put greater faith in “I am a Nigerian widow with 10 million dollars to give you” emails than in corporate presentation or welfare scheme of government. Its funny to talk to very successful youths championing mythical 'free markets' who inside the bubble tend to assume, instinctively, that what is good for them is good for India. But, a conversation with government employee becomes mental assault who has 'natural' tendency to micromanage, curb, control, and even stifle any entrepreneurial activity leading to loss of their power. I am wandering between these two worlds currently.
A World Bank consultant (Shouvik Mitra) once informally remarked that “Subsidies are like toothpaste coming out of the tube, once it is out, it is virtually impossible to put it back”. Hence, any decision on subsidy must emerge from public policy rather than political appeasement. Lately, I found so many voices among these mentioned group opposing Food Security Bill but having a dead silence on 7th Pay Commission. They talk on fiscal austerity but aren't ready to swallow pills taken their own prescriptions. No hypocrisy is too great when economic and financial elites are obliged to defend their interest.
Be not distracted by passage above, celebrate public holiday officially known as Labor Day or International Workers' Day. Wish you dignity, satisfaction and safety in your working environment.
*I don't own the picture or its copyrights. I have use it for information purpose.
A World Bank consultant (Shouvik Mitra) once informally remarked that “Subsidies are like toothpaste coming out of the tube, once it is out, it is virtually impossible to put it back”. Hence, any decision on subsidy must emerge from public policy rather than political appeasement. Lately, I found so many voices among these mentioned group opposing Food Security Bill but having a dead silence on 7th Pay Commission. They talk on fiscal austerity but aren't ready to swallow pills taken their own prescriptions. No hypocrisy is too great when economic and financial elites are obliged to defend their interest.
Be not distracted by passage above, celebrate public holiday officially known as Labor Day or International Workers' Day. Wish you dignity, satisfaction and safety in your working environment.
