Sunday, 19 June 2016

Let the Dogs Bark

The left liberals, Congress party and the errant crooked English media, in cahoots, have found very little to criticize the Government during the past two years.
 
Hence, their eagerness in making mountains out of many mole hills.
 
The UPA Government was virtually being run by foreign and NRI Consultants. 350 of them were found to be employed in key positions affecting policy making, whose only objective was to provide 'advisory' that is more often than not detriment to the growth of India, while serving foreign powers interests - They were given the boot by Modi, once he took over
 
Then there were guys who lived abroad, earned a fat packet of our tax payers money and bitched about India and Indians all the time, like Amartya Sen, who headed Nalanda University, and hardly contributed anything.
 
Now we have the case of Raghuram Rajan, the RBI Governor. Over the past 2 months, there has been a concerted campaign to get him a second term. Every day the newspapers were flooded with articles on how great he is and how much he has achieved as RBI Governor, and why it would be doomsday for India if he were to be removed. Rajan joined UPA Government way back in 2007 and was its Economic Advisor, before he became RBI Governor in 2013, when Congress knew they were not going to return to power. It is surprising that no one is questioning his legacy as Economic Advisor to UPA Government, when all the scams took place and the economy was almost broken beyond repair. Even as RBI Governor, he has done precious little to solve the critical NPA issue so bank, and was not in alignment with Governments policy of spurring growth. By not tackling the NPA issue aggressively, and holding interest rates high, which killed MSMEs, and by voicing his opinion on issues that did not concern him like the silly 'Award Wapazi' campaign, Rajan was at odds with the Government. It is to be noted that one of the most media savvy guys like Rajan, kept absolutely quiet when all his chamchas were writing the articles in the newspaper supporting him, while he could have put a stop to the whole sordid drama with a single statement that it is the Government's prerogative to give him an extension. It is only when he was told discreetly but categorically that he will not be given an extension, he leaked his internal letter to his colleagues stating he is going back to Academics.
 
One must give lot of credit to Modi. He could have easily removed Ragharam Rajan when he took power (in fact Rajan, being a UPA Appointee, should have put in his papers to allow the new Government to have their man in place in 2014, which he didn't) but Modi allowed him to continue, as he did with many other UPA Appointees, till their terms ended or till it is proven they cannot perform to the new Government's expectations. Modi also refused to be drawn into the controversy and told that Government will take a decision by September, when Rajan's term ends. He did show his statesmanship.
 
An extension to anyone, be it Amartya Sen or Raghuram Rajan, is not a right.
 
No country in the world would like to have a US Green Card holder (which is just one step away from getting a US Citizenship) to hold such a sensitive post like the Central Bank Governor.
 
The surprising fact is that he was appointed in the first place, rather him not being given and extension.
 
Have you ever noticed dogs. They bark and chase your vehicle till they reach the boundary ear marked by them for themselves. Then then retreat, only to chase the next vehicle.
 
The English language media crooks are like these dogs. They will have to retreat now, till they get the next unsuspecting passerby.

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