Oscar Fernandes, former minister and General Secretary AICC, on functioning of UPA-II and how the government plans to resolve the suffering of the common man. by Pramod Kumar
B&E: What according to you are flaws in the fiscal management?
OF: There is nothing wrong with the fiscal management. Things are moving in the right direction, the prices of essential goods are coming down and soon the result of the present fiscal management will be seen. The government is not insensitive. We will do our best to serve the masses.
B&E: But the Opposition keeps blaming the government for its insensitivity to the issues of masses.
OF: This allegation is fit for them – especially for the BJP and its allies during the NDA regime. During their regime, the purchasing power of common people was very weak. This is not what we say. Several national and international agencies have claimed that the purchasing power of common people was not very strong during NDA regime. Everyone knows that the increase in prices of petroleum products during their regime was very sharp, which was around seven rupees in one stroke. What can they say? They took several insensitive decisions during their regime. Where was the sensitivity at that time?
OF: There is nothing wrong with the fiscal management. Things are moving in the right direction, the prices of essential goods are coming down and soon the result of the present fiscal management will be seen. The government is not insensitive. We will do our best to serve the masses.
B&E: But the Opposition keeps blaming the government for its insensitivity to the issues of masses.
OF: This allegation is fit for them – especially for the BJP and its allies during the NDA regime. During their regime, the purchasing power of common people was very weak. This is not what we say. Several national and international agencies have claimed that the purchasing power of common people was not very strong during NDA regime. Everyone knows that the increase in prices of petroleum products during their regime was very sharp, which was around seven rupees in one stroke. What can they say? They took several insensitive decisions during their regime. Where was the sensitivity at that time?
Source : IIPM Editorial, 2012.
An Initiative of IIPM, Malay Chaudhuri
and Arindam Chaudhuri (Renowned Management Guru and Economist).
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An Initiative of IIPM, Malay Chaudhuri
and Arindam Chaudhuri (Renowned Management Guru and Economist).
For More IIPM Info, Visit below mentioned IIPM articles.
Zee Business Best B-School Survey 2012
Prof. Arindam Chaudhuri's Session at IMA Indore
IIPM IN FINANCIAL TIMES, UK. FEATURE OF THE WEEK
IIPM strong hold on Placement : 10000 Students Placed in last 5 year
IIPM's Management Consulting Arm-Planman Consulting
Professor Arindam Chaudhuri - A Man For The Society....
IIPM: Indian Institute of Planning and Management
IIPM makes business education truly global
Management Guru Arindam Chaudhuri
Rajita Chaudhuri-The New Age Woman
IIPM B-School Facebook Page
IIPM Global Exposure
IIPM Best B School India
IIPM B-School Detail
IIPM Links