Election Season in India: A Season of Meaningless Promises

Government is not the owner of the citizen's income and therefore, cannot hold a blank cheque on that income --- AYN RAND

Does the Indian polity understand this? The answer is a big no when you hear them making promise after promise during their recent election campaign. No body wants to be left behind in the race to dole out reservations, quotas, freebies like computers, cows, loan waivers, loans at negligible interest, free power,  food, rations and what not along with jobs to unemployed etc. etc. All state government budgets and the budget of government of India are as it is reeling under the pressure of huge deficits and it seems these governments are hell bent either to resort to

·     massive  loans to fulfill their mad goals leaving nothing for improving the actual             growth trajectory to elevate the living standard of poor

·      raising the prices of electricity, train fares and putting additional taxes on their favourite whipping sectors, the so called luxury goods sector instead of concentrating on austerity measures, thefts and governance inefficiency losses.

·       Job creation for the sake of curtailing unemployment and not based on requirements of the nation, like the similar programs of earlier governments of twentieth century without caring for the impact on economy.

Or if these politicians are aware of their limitations as far as finances availability is concerned and they are promising everythIn all probability the politicians are aware of their limitations as far as finance availability is concerned and they are promising everything just to fool hapless poor Indian voters without meaning any sincerity to these promises.