India’s crisscross

Besides Samajwadi Party, the two other coalition partners, the DMK and the Trinamool, have already quit over issues relating to the government’s stand on Tamil minorities in Sri Lanka and economic reforms.

While questioning the credibility of the government, it is further disappointing to note a declining trend of the GDP growth rates from nine per cent to 4.5 per cent. Though the budget figures were mostly found to satisfy coalition partners, the Trinamool had to go to the extreme to stop its support to the UPA. At the same time, the federal finance minister’s pledge to the development of the state of Utter Pradesh is a good example.

It is further felt that criminalisation of politics has started affecting the country’s economic growth. People with minimum wages who try hard to make their livelihood are losing faith in the competence of policies being adopted by politicians, which are mostly targeted to the solemn interests of political parties. Such irresponsible acts tend to aggravate inflation and would lead to creating panic among millions of ordinary Indians.