BJP 1 Congress 0 for 2014 but rising AAP could be the game changer

And the most awaited results to elections are finally out. BJP was set for big gains according to exit polls in all 4 northern states that went on for elections but the party that actually has played a shocker for both national parties is AAP with a phenomenal debut in Delhi. Leave every other state’s results except Delhi and we would come to know that a revolution is underway in our country with its first footprints in Delhi. Congress and BJP had been continuously trying to neglect and undermine AAP but this party actually has decimated BJP and Congress with such smashing results on their debut. These results will definitely have long running implications on political scenario of our country but one thing is very clear that Congress has dug its own grave in its second tenure with a series of scams, rampant corruption, issues of women security, national security and above all the ever growing inflation.  

Though I am not a political pundit but I would once like to give a try to briefly analyze results of these elections. Starting with the state that has shaken the politics of this country and has taken all political pundits with surprise is the phenomenon known as AAP. Although they haven’t reached to majority on their own but this party led by an unknown face in politics (till mid 2013), Mr. Arvind Kejriwal has made BJP and Congress rethink on their strategy and dented their prospects. Before the election results the arrogant BJP and Congress leaders were not ready to acknowledge the growing clout of AAP , but by now when  they have defeated the bigwigs of BJP and Congress in their own constituencies they do have a lesson to learn. Whichever party sits in govt now will actually have to work on promises made to public just because of the standards raised by AAP. The biggest takeover from Delhi is that people actually are fed up of BJP and Congress and are looking for another viable option that really is “one of them and for them”.  

With a hat trick of BJP in MP and Chattisgarh it would be very tough for the congress leaders to boost the morale of its cadre. Likewise in Gujarat the opposition has been decimated, the same story seems to be repeating in MP and Chattisgarh as well. The issue with congress in these areas is that they don’t actually have credible local faces to connect with the masses which BJP considerably does have.  Moreover Congress’s “Rahul Gandhi” and “Secular” cards seem failing miserably in these areas and they need to have a rethink on their strategy in these states.The takeover from these states for Congress is that, they need to dump the likes of Digvijay and Kamalnath and induct some fresh and credible faces to take on Shivraj and Raman Singh.

Finally BJP has won the fort of Rajasthan as well. Though Rajasthan does have the trend to throw out the running govt everytime it votes but what might be worrying for congress is the victory of margin for BJP which is whopping in every sense. Alhough Congress does have a face like Gehlot in Rajasthan but he too seems to be sandwiched between the party high command in Delhi and his local detractors within the party. With too many populist schemes doling out since last year he is unable to save his fort. The second factor that worked for BJP here was the Modi factor which everyone has accepted as a decisive factor. In Rajasthan as well they need to work from the very scratch and that too immediately if they want to make some outside chances for 2014.

Having said that I would conclude my article in one liner that “This is called true democracy, for the people and by the people and we really have to be part of the system to change the system. Rise Up”.

Jai hind !!

  

To Mr. Mulayam Singh Yadav on seeking ban on English in parliament : Sir let the language be at its place, first tell our Politicians(including you) to speak sense. Nonsense doesn't need any language.

Being a die hard fan of Tendulkar, I must say that his service to cricket and love for this country is unquestionable. But serving him Bharat Ratna before Major Dhyan Chand has really saddened me.Not only once but twice the recommendation for serving Major Dhyan Chand with Bharat Ratna has been rejected citing some stupid reasons.Sadly this whole controversy around Bharat Ratna will not only raise serious doubts and concerns about the way award is being given but also will defame the legend of Sachin Tendulkar.

Action Plan - Need of the hour

I think now each party whether BJP , Congress, JDU,SP etc rather then criticizing each other and debating on "You are Secular or You are communal" must debate on "What we can do to suppress the threat of communal violence" since riots sadly occur in every state of India. Rather then taking on "What you didn't" they must discuss "What we can and HOW WE CAN". Instead of "Including more castes in Reservation" they must have a desire for "Uplifting poor and needy". An action plan is utmost important and need of the hour. They must come up with an action plan and stop fooling public.

An appeal to Mr. Gandhi

No matter what elections results will be but Congress is the most consistent party from past 65 years ...
1950 - Jawaharlal Nehru : We have to build the Nation
2013 - Congress : Ho raha bharat Nirmaan
1980 - Indira Gandhi : Will remove poverty
2013 - Rahul Gandhi : Gareebi hatao
1988 - Rajiv Gandhi : Dalit needs empowerment
2013 - Rahul Gandhi : Dalit community ko is dharti pe Jupiter ki escape velocity chahiye
Mr Rahul Gandhi - Sir atleast come up with an Idea that can change India 

Regards,
Apurv Garg

The "Rise" of a Political Superstar - Narendra Modi

“Either you love me or you hate me but you simply can’t ignore me”, this is Narendra Modi for you. Last two decades have witnessed a rise of a political superpower of India in term of Narendra Modi who often is credited as political “Superstar” within the political spectrum. Even a tenacious resistance by his critics hasn't led to any sort of hindrance to his plans to move towards 7RCR, Delhi. And with an official announcement of him as NDA’s Prime ministerial candidate by BJP Party president on 13^th of Sep has ended all speculations on his plans for 2014 elections. Seeing the personality cult of Modi it seems like in 2014 it won’t be BJP vs Congress but rather it would be Modi vs Congress. From social media to youth following he is far ahead from any other leader in India at present. The whole Industrial fraternity openly backs him and he is the front page news of every newspaper today. But what all led to the sudden rise of fortunes of Narendra Modi?

From a simple RSS worker to being named Gujarat’s CM in 2001 replacing Keshubhai Patel, he came a long way in his political journey where he saw many ups and downs. But it actually was 2002 where he hogged the limelight post Godhra riots. Political analysts usually term the innings of Modi in two versions – Modi version 1.0 pre Godhra and Version 2.0 post Godhra. He became RSS’s favorite man to carry their ideology when he came back to power with whopping 2/3^rd majority in 2003 Gujarat’s assembly elections. In 2004 NDA lost the national elections and BJP’s strongman Atal Bihari Vajpayee declared to end his political career citing ill health and then L.K Advani was passed the baton to lead the BJP. In 2005 when he went to Pakistan, he praised Jinnah in order to make BJP’s acceptability to minority communities, which even backfired him and he had to resign from his party president post and the cracks within RSS and Advani were quite visible. At the same time Modi had established himself as an able administrator and a person with zero tolerance towards corruption and terrorism (with a series of encounters) and his 2007 win in elections strengthened his position further. In 2009, before the national elections many people within NDA argued that Modi might be the best PM choice but RSS backed Advani and NDA lost in 2009 as well which was their second successive defeat. With the defeat of 2009 the stars of Advani started fading and the cult of Modi was on rise. Modi further cemented his position within NDA after a hat-trick of win in Gujarat in Dec 2012 and his Prime ministerial ambitions got a boost with his declaration of NDA’s face for 2014. The credit to “Rise of Modi” somehow goes to the ruling congress party as well. It was their impotency to take upon corrupt system, series of scandals, mishandling of economy and incompetence that led to a demand of strong political face that could take some harsh decisions and take India back to the path of economic development and prosperity. It is a strong Anti congress vibe which is further enhancing the prospects of Narendra Modi in 2014.   

As for Modi haters, he has eclipsed the man who once strongly backed him post Godhra when Vajpayee wasn’t keen to support him. But it only shows their frustration simply because they were not able to topple him and they were thinking of firing their guns through Advani’s shoulders. For pseudo secular forces like Nitish Kumar, Advani has now become secular leader. Hope we need not remind them that it was Advani who led the Hindutva agenda post 1991. As for Modi followers and lovers this is the time to cheer since their leader has been cleared to take as a face of next assembly elections. But he has numerous challenges to take on before 2014 general elections.

Though it needs to be seen what happens in 2014 elections and whether Modi's slogans "Sabka saath sabka vikas" and "India first" make a pan India appeal but it seems to be cracker of contest between Modi and Congress. Upcoming days promise of some big surprises and fireworks from both sides .Even a drastic change in political scenario is on the cards but we hope that people of this country get the best out of it.

Jai hind !!        

Mr. Manohar Parikkar full interview to NYT

Pollsters and analysts have been talking about the increasing chances of the Hindu nationalist Bharatiya Janata Party (B.J.P.) emerging as the single largest party in India’s 2014 national elections, but falling short of the total number of parliamentary seats needed to form a government.

The B.J.P.’s de-facto prime ministerial candidate Narendra Modi is controversial and unacceptable to many of India’s regional parties, whose support will be crucial to the B.J.P. in forming the next government. Even within the B.J.P. several leaders have been harboring the ambition to replace Mr. Modi as the party’s prime ministerial candidate. Among them is Manohar Parrikar, the B.J.P. chief minister of the coastal state of Goa.

Mr. Parrikar is an affable face of the Hindu right and leader of India’s most prosperous state by per capita income, which is also home to an influential Catholic minority and their distinct history. Mr. Parrikar has vocally supported Mr. Modi but also describes the 2002 Gujarat riots as the “blot on Modi’s career.”

The 57-year old Mr. Parrikar is a graduate of the prestigious Indian Institute of Technology and has impressed middle-class Indians by taking economy-class flights, by hailing a taxi himself at the airport, and with clean governance in his state, when political excess and corruption are commonplace.

Mr. Parrikar recently spoke to India Ink in Panjim, the state capital of Goa.

Q.

Are you a potential prime minister candidate for the B.J.P. if enough coalition partners do not back your current leader, Mr. Narendra Modi, after the 2014 general elections? Polls suggest the B.J.P. will need allies, and may have to sacrifice Mr. Modi after the elections.

A.

No, not at all, I am not a candidate. And I don’t think the current opinion polls are accurate. It’s too early for the polls – voter behavior has not polarized yet, the campaign has not started. But there is a 5 to 6 percent vote swing in favor of the B.J.P. and if you map our party’s demographic, then we have the possibility of winning in 330 to 340 seats [above the 272 majority mark, and enough to ensure Mr. Modi as prime minister].

Q.

Is the B.J.P. placing all bets on this unprecedented sweep, though your best performance to date is 183 seats, in 1999? Does your party not have a Plan B?

A.

The Plan B, if there is one, need not be discussed when we are trying our best to win with our Plan A. A smart operator always has an exit policy, but that exit policy is not discussed in advance, never. It has to be an inside affair of the party.

Q.

But by projecting Mr. Modi as your leader, are you not turning off many voters who do not identify with a right-wing hardliner?

A.

Today the scenario in the country is a [Congress party-led] regime that is not delivering, a regime where the prime minister [Manmohan Singh] is seen as a lame duck. The government has to be pragmatic and get things done, but this government is incapable of doing it, it’s in a perpetual state of suspension. In these circumstances, particularly young people see an alternative model in Modi, and if they want him as prime minister they will have to elect his local representative. Also, a substantial number of businessmen are likely to back the B.J.P. this time, and they will also go for Modi. I believe a national mood is forming to put the B.J.P. in power and Modi as prime minister.

Q.

You have said the 2002 Gujarat riots under Mr. Modi were an administrative failure. Should he apologize for this lapse that resulted in so many deaths, as his critics suggest?

A.

Administrative failure does not mean everything is blamed on one man, Narendra Modi. What happened then was unfortunate, but that does not require his apology, it requires his correction and he has done that. There were many reasons why people lost control in 2002 after the dead bodies [of Hindu pilgrims from an earlier attack] were shown on TV. It should not have happened, the administration should have clamped down on any violence, [If I were in his place] I would have ensured…but Modi was new to the job as chief minister. It was a blot on Modi’s career, but he was not personally a part of it. If he is guilty by connivance he should be punished, but investigations have given him a clean chit. People who oppose him do so because they fear him.

Q.

You are seen as the moderate face of the Hindu right, but where do you see yourself ideologically? Are you a Hindu nationalist?

A.

I am a 100 percent democrat, democracy is at my heart. I am a perfect Hindu, but that is my personal faith, it has nothing to do with government. India is a Hindu nation in the cultural sense [Hindus are 82 percent of the population]. A Catholic in Goa is also Hindu culturally, because his practices don’t match with Catholics in Brazil [a former Portuguese outpost like Goa]; except in the religious aspect, a Goan Catholic’s way of thinking and practice matches a Hindu’s. So Hindu for me is not a religious term, it is cultural. I am not the Hindu nationalist as understood by some TV media – not one who will take out a sword and kill a Muslim. According to me that is not Hindu behavior at all. Hindus don’t attack anyone, they only do so for self-defense — that is our history. But in the right sense of the term, I am a Hindu nationalist.

Q.

Turning to Goa’s economy, about a quarter of the state’s population is dependent on mining, which was banned by the Supreme Court last year to stop illegal extraction. Have you been able to clean up the system?

A.

I have started. We are recovering some money that was not paid, and we are filing court cases against the guilty. But the blanket mining ban is hurting us – the court may be right in its perspective, but why can’t it find a solution for so long? Judges like to say justice delayed is justice denied: and here I am with 25 percent of my revenues gone, 25 percent of my people almost on the roads, and the court is not hearing me. There is nothing more criminal than that.

Q.

With mining revenues gone, you will be hoping that tourism can cover the shortfall this year. But safety for women is now a big concern for tourists to India.

A.

I don’t think we have that problem in Goa. Rapes happen elsewhere too, but there has to be quick reaction. In the 17 months of my regime, there is not a single instance where the police has failed to register a case in these matters, against an Indian or foreigner. There has been only one case of rape against a foreigner in my tenure, and we caught the culprit in three hours.

Source : NYT

Decoding "Robert" Vadra

Most powerful damaad or Son-In-Law of India or rather nicknamed FDI(First Damaad of India) Mr. Robert Vadra has already been into news for last one year for his alleged land deals with DLF and Haryana Government. With BJP trying to get an upper hand in claims of the Story, the fact is that they too set on the files of alleged corrupted land deals of Vadra until India Against Corruption blew out the truth within the public domain. With numerous scams to boast upon under Congress’s  tenure, this seems to be an Icing on the cake.

Mr. Khemka who was Director General, Land Consolidation and Land records, Haryana until Oct 2012 was already examining the  close nexus between Vadra, DLF and Haryana Gov. and as soon as India Against Corruption exposed the reality he ordered a formal enquiry into the deals of Sky Light Hospitality which is owned by Mr. Vadra and his mother Maureen. As soon as a formal enquiry was ordered Mr. Khemka was transferred and he opposed the move. Many eyebrows were raised following this decision and the Gov came into damage control mode by setting up a three member panel to probe Vadra’s land deals and as expected Mr. Vadra was handed over a clean chit.

It was all silence on this issue until Mr. Khemka came out with a detailed 105 pages report on the corrupt deals last month and added a new armour to already lethal armoury of BJP which took all over gov on this issue in present Monsoon session of parliament. Let me brief the report :

As on March 31, 2008 the share capital of Onkareshwar Properties was Rs 1Lac and of Sky Light was Nill. In the balancesheet of  March 31, 2008 Sky Ligt claims an overdraft of Rs. 7.95 Cr. It claims this is due to a cheque issued before balancesheet date , but not presented yet. In fact onkareshwar was the creditor of Rs. 7.95 Cr to Sky Light and actual bank balance was Rs. 1 Lac. This is a punishable offence under Companies act,1956. Cheque shown to have paid to Onkareshwar did not belong to Sky Light. The rs. 7.95 Cr was actually paid to Onkareshwar after money was received from DLF as an interest free loan.Within 65 days of registration DLF provided an advance of Rs. 5 Cr to Sky Light. The agreement b\w Sky Light and DLF clearly shows that Mr. Vadra was contributing the title and commercial colony licence on agricultural land, making DLF responsible for everything else. DLF applied to renewal of licence for this land with Vadra’s company to Haryana Gov which it got easily.

The question here rises that being involved in heavy corrupt practices will Mr. Vadra ever face the charges? And the clear answer is a big “NO”. His tweet “Mango people in a banana republic” makes us think even if he belongs to that category. Being part of the first family of India no one would even dare to question the sudden rise in fortunes of Mr. Vadra. He enjoys to be a privileged citizen of India. 

But for once let us in fact applaud people like Mr. Khemka and Mrs. Durga Shakti Nagpal(IAS from U.P) who are fighting for a cause and trying to appeal from our Nation to "Wake up and fight for your future". 

Jai Hind

With inputs from "Outlook" and "Headlines Today"

   

Congress and the "Poverty of Economics"

Let us all go to basics of this economics of poverty. 

What is Suresh Tendulkar’s formula to calculate poverty? What formula what followed before Tendulkar’s formula to calculate the poverty line?

In 1971 V.M. Dandekar and N. Rath took out a formula to calculate the poverty line in India. The Dandekar-Rath poverty  line formula that has been used since 1971 measures only the calorie content of an Indian’s diet.If it is lower than 2250 calories per person per day, the person is declared to be under the poverty line.This norm was not revised in 35 years. In 2006 a committee headed by economist Suresh Tendulkar had drawn up a new formula for assessing poverty, which it submitted to the Planning Commission. The Tendulkar Committee replaces the calorie measurement by a cost-of-living index,that is, how much money a person spends. It looks at a basket of household goods and services such as health and education. In 2009 the Tendulkar’s panel had suggested that those spending over Rs 28.65 a day in cities and Rs 22.42 a day in rural areas are not poor. These estimates had drawn a severe criticism from public given that it is nearly impossible to survive at these income levels. At that time our economist PM Dr. Manmohan Singh and SC had asked to scrap that formula and had asked Planning Commission to come out with some more realistic formula that takes inflation and some other factors into account as well. All social welfare schemes accounted for the poor are directly linked with the poverty estimates.

The new poverty line is different for different states and also different for rural and urban areas within a state. The all-India average rural poverty line is set at Rs 33.3 in urban areas and Rs 27.2 in rural areas. Mr. N C Saxena of NAC , Sonia Gandhi’s very own policy making body lashed out that even dogs and cats can’t sustain a day on this kind of money. There has been outrage from every section of society, from poor to politicians everyone has condemned over these drawn falsely calculated lines of poverty. The last survey had been done in 2009-2010. Logically the next had to be done in 2014-15. But since 2009-10 wasn't a normal year due to severe drought ,the NSSO(National Sample Survey Organization) did a large scale survey in 2011-12. Manmohan Singh’s govt(or instead Mrs Sonia Gandhi's government) drew a flak to bring out poverty estimates 3 years before schedule and that too from an outdated formula that had been junked by their own party. This clearly shows that these stats have been brought to gain a political mileage. The government has been facing a severe attack from opposition and angry citizens of our country over the numerous scams during their 9 years of rule.

One side the government is talking of Food Security bill to cover 65% of the population and the other side its ministers claim that even Rs 5 and Rs 12 can bring a good amount of food in cities like Delhi and Mumbai. This raises too many of questions in our minds.
Isn't this perplexing ? Why are we doing fudging of facts and figures? Has government even worked on basic mathematics of economy? Or are they trying to fool the nation? Why are we talking gibberish?When our nation’s  poverty has come down to meager 21% why are they talking of Food Security to cover such a large population which has too many negative impacts on our already fiscally deficit economy? Do we know that through present PDS which covers people below poverty line, only 60 percent of food grain reaches to targeted poor and BPL(Below poverty line) people and the quality of that food grain is even worse. Heavy fiscal spending schemes like MNREGA are open source to corruption and this is not a hidden fact. Aren't we opening floodgates to corruption through food security ordinance? Based on government facts do we know that around 68.7 per cent Indians live on less than $2 (Rs 120) a day. This is about the minimum wage fixed by government agencies for guaranteed work under the rural employment schemes.

I read a blog yesterday and the writer had asked a very nice question which I put up here that "Is poverty absolute or relative"?  

We need to serve the basics “Roti, Kapda aur Makaan” firstly and need not to draw an imaginary poverty line to make a fool of poor and needy.

Thanks 

Congress, Media and the story of double standards

What is this buzz all about?
When Modi says no to wear a Skull cap offered to him by a Muslim Cleric during his Sadbhavana Fast, media and all sections of society start bashing Modi for being Anti minority. Though not even a single news channel aired that actually he wore a green shawl offered by a Maulana just before that. And when an MP Shafiq-ur-Rehman Burq (BSP) says that Vande Mataram hurts his religious sentiments and walks out while the national song Vande Mataram is being played no one takes even a damn of it? Why are these double standards followed? Shouldn't we expel such a person from our parliament who doesn't respect our Nation? A comment from Modi and every section of politics and Media starts fuming while some other seasoned politician passes a more pinching remark we tend to forget that. Why our politicians and media do follow such double standards? I am not a Modi supporter or critic but I do demand that every citizen must be treated the same way.
And my only question for Mr Shafiq-ur-Rehman Burq  that when an Oscar winning music Director Mr. A.R Rahman sings Vande Mataram, gives a new dimension and popularity to our National song and doesn't have any issues with our National Song what actually are you trying to justify? I think this nation wants to get over these cheap publicity gimmicks and focus on some real issues . At least don't try to make India , country which has given you everything,feel ashamed of people like you. We Indians regard our country as our Mother and I don't think any religion teaches to disrespect our Mother.
Thanks

Hitting the bulls eye yet again

And Mr. Shakeel Ahmed has hit the bulls eye .. He has just said that Indian Mujahideen was born after the misdoings in Gujarat in 2002 .... And his next statement might be that China is infiltrating into Indian borders due to Gujarat 2002, Economy is into shambles due to Gujarat 2002, Rupee is down sliding due to Gujarat 2002 etc etc ....

Tsunami of political incorrectness

Are we seeing senseless and opportunistic politics everywhere? I think there is a tsunami of political incorrectness these days. Be it Mr. Digvijay Sing's unmindful comments after Both gaya blasts or Mr Narendra Modi's comments regarding 2002 riots or Mr Naresh Agarwal's comments regarding Rape case in Etawah recently and many more. The list goes too long. At first place the politicians give comments that are unwanted and uncalled and then an unreasonable backing from their respective parties follows .
Why are we so insensitive towards the society? 

Blasts at Bodh Gaya

After serial Blasts in Bodh Gaya the question arises if the Intelligence agencies are really intelligent? Does their job finish after generating an intelligence input? Its high time to revamp our system and provide some authority to Intelligence agencies else these blasts will keep happening and PM would keep condemning the blasts in same mode.

In my understanding when an Intelligence agency generates some input, a team having some senior members who generate this warning must coordinate with local police and see the preparations over there to prevent those blasts. 

All about food security bill - Impact analysis

Hi Friends,

Before building a consensus on Food Security Bill let us firstly get into it and look what does it say and what provisions make this bill questionable. 

It aims to provide subsidized wheat and rice to 70 percent of India’s population. When implemented, the scheme will massively broaden an existing program of providing cheap food to 218 million people. Overall, it will entitle around 80 million of India’s 1.2 billion population to subsidized food grain under the Targeted PDS (Public Distribution System). Up to 3/4th of the public in rural India and half of the population in urban India would get food grains at subsidized rates i.e. 3 Rs per kg for rice, 2 rs per kg for wheat and 1 re per kg for coarse grains. 

States like Madhya Pradesh, Chattisgarh have their own versions of Food Security laws already in place. BJP is crying foul over the way congress has brought an ordinance to get Sonia Gandhi's most ambitious project on fast track to woo the voters but they can't really complaint since Dr Raman Singh implemented a little diluted version of Food Security Bill in his state when Chattisgarh went into voting last time and it was this popular scheme only that really brought him back to the numero uno position in his state. As far as congress is concerned their stance is crystal clear - take away voters concentration from the numerous scams that UPA has been facing heat at later stage and woo them with a scheme that directly impacts their lives, which they also did in 2009 in form of farm loan waiver  which impacted 80lac farmers in AP and around 60lac farmers in UP, and both of the states brought them a game changing total of 54 seats. 

Coming directly to point I would straight away discuss the shortcomings of this bill. The biggest impact of this bill would be on pockets of central government which is already short of funds. The CAD has reached to 4.7% of GDP and as per warning of Finance Minister Mr. P. Chidambaram it might increase in upcoming months. The manufacturing sector isn't showing sign of recovery and economy is in shambles. GDP growth has slowed down to 4.5% from nearly double digit growth. Though many might argue this fact with the ongoing global economic meltdown but the reality is a bit harsh since some smaller economies are performing better than ours even in these testing times. Our currency is worst performing Asian currency which is already making imports dearer. Oil and fertilizers subsidy has already made subsidy bills at such levels that govt is trying to come up with a formula to cut off the oil subsidies since 70% of our oil demand is catered through imports. Our defense spending is third highest in world after USA and China. To roll out food security we will need to ramp up our storage capacity, build warehouses etc and this in turn would mean extra costing burdens which would further add to subsidy burden of the exchequer. 

Let me tell you one more killer provision of this bill. If states like Punjab, U.P, A.P or Maharashtra (producer of maximum agricultural output in India) get a natural disaster (like one in Uttarakhand recently or Maharashtra faced last year as drought) then this bill has ability to impact food prices to such an extent that we can't even imagine and that too not only in India but the whole world. Yes, you heard me correct, it might impact whole world. The whole pricing model might crash at those times. The reason is, govt would need to go out and purchase food grains from all around the globe to fulfill the promise of food security bill which in turn might increase subsidy burdens to whopping levels and food prices in local as well as international markets might reach to unsustainable levels since India is second most populous country in the world.

My question is that, do we really have any scope left for another subsidy burden of 2,000,00 crore(or 40 Billion$) annually which might even lead to our sovereign debt ratings turning to junk and in turn would dry up the investment  in our country.Do we know that 40 percent of rice and wheat earmarked for the poor gets siphoned off due to corruption? Though the narrower impact of this bill on poor's life can't be denied but the motive and broader impact of this bill are definitely questionable. Let us wait and see what happens now but a wide reached consensus needs to be built at first place for heavy impact bills like food security bill. 

Apurv Garg