Showing posts with label FDI. Show all posts
Showing posts with label FDI. Show all posts

Sunday, December 16, 2012

How the Grinch Stole Your Democracy

(This first appeared in the Sunday Guardian)

One of the perks of modern life is the convenience of being able to order things online. For someone who hates shopping and goes to buy things two times a year, it’s a godsend. The best of both worlds! You mean I can get what I want without any human contact and with enough pretence of a bargain to satiate my ancient Indian urge to always seek the best deal? Shut up and take my money! However, this sweet, blissful utopia is interrupted by the constant emails one receives from every online retailer once you make a purchase on their website. Indian or foreign, they go after you with the zeal of a crazy person with whom you once went on a disastrous date and who hasn’t stopped trying to get in touch with you ever since. And yet, you can’t punish them for this. What are you going to do? Go shopping to an actual shopping place (plazas? bazaars? junctions? I don’t even know what people call them anymore!) and be forced to explain to a real person what you want and then pay in cash? Ugh. You will take away my online fix from my cold, bankrupt hands.

And I’m probably not the only one who is addicted to the instant gratification of the purchase button. The UPA seems to be suffering from the same ailment. Seems like everytime they have to win a vote in parliament, they ‘add’ SP and BSP MPs to their ‘shopping cart’ and click ‘purchase.’ I hope they’re at least getting a ‘frequent buyer’ discount.

Like the vote on FDI, which became a farce even before the debate was to begin. The BJP wanted a discussion which would allow both the houses to vote on the policy. The UPA dithered on holding the discussion until it could ‘convince’ enough ‘allies’ to vote in its favour. Or at least walk out before the vote giving it a majority by default. While the BJP disrupted the Lok Sabha session to get it adjourned, the Congress got its fair weather friends to interrupt proceedings in the Rajya Sabha under silly pretences. Synergy! Bipartisanship! Strategery!

The discussion in the Lok Sabha was held under the watchful eyes of the speaker, Meira Kumar, who reflected the calm demeanour of a serial killer. Even a government school substitute teacher monitoring a class in which half the students get serious injuries and the other half jump from a ledge has more control over her class than Ms. Kumar has over her MPs. Once her term as the speaker ends, she will go back to her original job - being the voice of a much maligned cellular network who, for some reason, seems quite delighted to inform you that the number you’re trying to call is not available at the moment. The speeches in the house were filled with so much jargon that our MPs were instantly invited to be the featured speakers at the next TED conference. Our sanctimonious parliamentarians even managed to sully the good reputation of the Indian potato. Allegedly, they make for small fries. The last we heard, the Indian potato was being cheered up by his girlfriend, who told him that it’s not the size that matters, it’s how you eat the fries.

The discussion in the Rajya Sabha was even worse. Which is expected because most of these ‘elders’ are rejects from the Lok Sabha. They are so unelectable, even their families voted for the other candidate. But since both sides needed all the votes they could gather, it was all hands on deck. Everyone, except Sachin Tendulkar showed up. He wasn’t able to because he was busy protecting India from another foreign entity. And unlike his large fleet of planes, Vijay Mallya decided to make himself useful and was also present to cast his vote. I think he’s not yet familiar with how Parliament works because he was overheard ordering a drink to whoever looked like a waiter to him. The proceedings of the Rajya Sabha were being handled by the most nondescript man in India, Vice-President Hamid Ansari. The only reason he shows up for work everyday is because no one has told him yet that he’s in a coma.

In the end, the government’s investment paid off and the opposition’s motion was defeated in both the houses of Parliament, making the CEO of Wal-Mart India’s Governor-General for life. Seems like certain former chief ministers of UP will get a lot of ‘clean chits’ in their Christmas stocking this year. That’s probably what the framers of our constitution intended. Letting the fate of the country’s major policy decisions rest on the whims and fancies of two of the most opportunistic, vile, corrupt and self-serving politicians this country has ever seen.

If only politicians also came with a money-back guarantee.

Sunday, September 30, 2012

We don’t need no stinkin’ FDI

(This first appeared in the Sunday Guardian)

It was déjà vu all over again. Manmohan Singh staked the future of his government on a policy measure. A regional party with a government in Bengal threatened to withdraw support unless the decisions was rolled back and then went ahead and withdrew it when the government refused. And the government was bailed out by the Samajwadi Party. It felt like we had seen the same sequence of events take place before. Now I know how people who watch a Madhur Bhandarkar movie feel.

There was also a lot of fake tension in the air and the oft-repeated drum of ‘mid-term elections’ was being beaten again. Everybody knew there was no chance of that happening, but it didn’t stop them from pretending that it can. There was a smörgåsbord of disingenuity to choose from. Teevee channels cut into their heated discussions about who would form the new government to show various groups of politicians exiting from each other’s houses while the b-roll displayed animated graphics about how many seats each party had in the Lok Sabha. Well placed newspaper articles seemed more interested in the third-front than the political parties who would actually constitute it. The only person who they were able to convince was ‘tragedy king’ LK Advani, who thought that all his efforts of sending positive vibes into the universe so that it may one day grant him his one wish were finally coming to fruition.

After flailing about for the past few years, taking one hilariously stupid decision after another and throwing everything they could think of at the wall in the hope that something sticks, the Congress was finally able to deliver a genuine one-two political punch to its opponents. The BJP, as always, was more clueless about what to do than a blind, legless kangaroo trying to manoeuvre a four-wheel drive. They were so disoriented, they even asked for a special session of Parliament so that they could disrupt it again. After that didn’t work, they brought out another useless political weapon from their arsenal, the ‘Bharat bandh.’ Apparently, the BJP wanted to send a message that it cares so much for the common man that it is going to make life difficult for him to protest against the government making life difficult for him. Blocking the roads, making people late for work, getting passengers stuck in trains and at the station, bullying people into not earning their daily wages, breaking shop windows; being an asshole towards people for no logical reason is great political strategy. Even the BJP’s current Indira Gandhi & future LK Advani, Narendra Modi, got into the mix. He made jokes about how the government’s decision about FDI in retail had been taken to benefit Italian businessmen. This ‘joke’ would have been hilarious if not for the fact that there are currently no Italian ‘retail chains’ clamouring to get into India. In fact, Italy is not exactly known for its ‘retail giants.’ And really, the central government is getting heat about foreign investment from the guy who has logged more frequent flier miles than Amelia Earhart touting his state as an attractive destination for foreign investment? Maybe he should talk more about how much he hates foreigners and their dirty neo-colonial money at the next ‘Vibrant Gujarat’ summit.

The Congress & the TMC proved that they were no Ross & Rachel. Their ‘will they/won’t they’ tension was getting on everybody’s nerves. If Mamta Banerjee thought that the Congress would run to the airport singing “Please Don’t Go” to stop her from leaving like the last dozen times, she was mistaken. The Congress was sitting in its apartment, looking at photo albums of happier times, telling itself that it had to finally put an end to all the abuse. It could not spend its life with someone who treated it like a doormat.

Unfortunately, the Congress repeated past patterns by aligning itself with another high-maintenance regional ally, the Samajwadi Party. Its leader, Mulayam Singh Yadav told the press that even though he hates the Congress and thinks that it’s a blot on the face of humanity itself, he is still going to align with it because he wanted to keep ‘communal forces’ away from government. That familiar trope is always used by mortal enemies in Indian politics when they want to form governments together. Yeah, let’s get the old secular band back together again, for one more terrible performance. And who is more secular than the guy who claims to be an honorary 'Maulana’ so that everytime elections roll around he can patronisingly pander to the most fringe elements of a minority community?

Being made to witness the same things again and again. Now I know how people who watch a Madhur Bhandarkar movie feel.

Sunday, September 23, 2012

Manmohan Singh’s Last Stand

(This first appeared in the Sunday Guardian)

It wouldn’t be an exaggeration to say that the past couple of years haven’t really been the ‘best years’ of Manmohan Singh’s life. He has been humiliated by both friend and foe. Insulted both in public and in private. Called names to his face and behind his back. Each new day brought with it more pain, more heartbreak and more damage to his prostrate. He couldn’t look at a newspaper without having an ulcer. Now, he could tolerate being pissed on by the Indian press; those wankers have always had it out for him. He wasn’t also bothered by what the people of the country were saying about him; it’s not like he needed their vote or anything. What he couldn’t digest was when his friends in the foreign press started to shit on him. The very people he had nurtured like a constituency. He had given them scoops, actual exclusive interviews, not laughed and thrown them out of the room when they offered suggestions on how to fix the economy. Was his back hurting their knife?

Thus, he decided he had to do something. He wasn’t going to be remembered as the man who couldn’t get things done. If he couldn’t make the government work, he was going to douse the whole thing with petrol, take a match to it and burn it to the ground. If he couldn’t convince his asshole allies, he was going to try to convince the people. He knew the country was angry at him. So he tried to bring the romance back. He came home early from work one day, cooked us our favourite meal, cleaned all the dishes and wrote us a card promising to be nice to our parents when they came for a visit. He even made an iTunes playlist of all the songs we used to listen to when we first started dating. Songs like “Fiscal Fever” and “Don’t auction my gold!” and “Reform! Reform!” And then he put on his happy face and held a press conference to make the announcement for new economic reforms, pretending that he believed that people had a right to know what their government was upto. He also sent his least smug minister to give an ‘exclusive’ interview to all the news channels and argue in favour of these policies.

And lo and behold, the narrative changed.  No more was he the Manmohan Singh who presided over one of the most corrupt governments in the history of the country. No more was he the Manmohan Singh who wanted to spend a large amount of taxpayer money to give freebies to people who could not afford them. No more was he a leader of a government which had garnered the reputation of being so lethargic that they couldn’t even pass a stone. He was back to being the champion of fiscal prudence. The only one who could jump-start the economy. Put that in your pipe and smoke it, Mr. Foreign Correspondent.  

The analysts were clear: this was a game-changer! Old economists who had spent the past few years yearning for the Manmohan Singh of yore were quietly jizzing on television about how Singh had finally taken the bull by its horns. They believe that between FDI in multi-brand retail stores and the new season of KBC, we are going to eradicate poverty for once and for all. Even Lord Meghnad Desai and his hair – which, full disclosure, will be a huge beneficiary because it is large enough to house at least two Wal-Mart stores – were batting for the new economic reforms.

However, not everyone was impressed with the economic reforms announced by the Prime Minister. Most of the government’s allies and the opposition were dead set against his attempt at resituating the economy. Overnight, all of them seemed to have turned into card carrying members of the proletariat; they appeared to be very worried about the plight of the common man. What about families living below the poverty line? What about the friendly, neighbourhood ‘kirana’ store? What about the people in the unregulated sector who supply the fertilizer to those who sell synthetic milk?

Nobody made an actual economic argument. Everyone was battling on emotions and rhetoric. One side thought that just the announcement would bring in so much money that every person in the country would be swimming in it like a regular Uncle Scrooge whereas the other side proclaimed this as a bigger sell-out to ‘foreign powers’ than when in 1757 the Nawab of Bengal had appointed the East India company as its official tax collector.

If only there were some tools available to measure the impact of economic policies.

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