Is the gloom and doom overdone?
Many would like to think that the US dollar is the ‘gold...
Manmohan Singh’s televised address is being criticised by his political rivals, including Mamata Banerjee. Several economists and political analysts, while welcoming the reforms announced by the UPA government said they should have happened much earlier
Warning against the country slipping back into 1991 economic crisis, Prime Minister Manmohan Singh on Friday said time has come for “hard decisions” to put the country on the path of high and inclusive growth. Seeking trust and understanding of the people in a televised address to the nation, the prime minister asked them not to be misled by those who want to confuse by spreading fear and false information like they did unsuccessfully in 1991.
Speaking against the backdrop of Trinamool Congress (TMC) withdrawing support to the government on foreign direct investment (FDI) and diesel price hike and the opposition from other parties, Mr Singh said, “we have much to do to protect the interest of the nation and we must do it now.”
According to economists and political analysts, the exit of Trinamool Congress has actually created space for the United Progressive Alliance (UPA) government for continuation of reforms. “The fact that the government has been reduced to a minority is seemingly negative, but in our view, TMC’s exit from UPA has actually created space for continuation of reforms. Besides, we do not anticipate a reversal of recent reforms (beyond a symbolic partial roll back of fuel price hike). Therefore, we continue to maintain our stance of ‘buy on dips’. Indeed, we feel that the coming months would offer several opportunities to buy given the political uncertainty,” said Edelweiss Securities, in a research note.
“Manmohan Singh has rediscovered his vim,” reads a story in the Economists, saying, “The initiatives that the prime minister announced on 13th and 14th September are nothing compared with the ‘big bang’ reforms of 1991 that set India growing and for which Mr Singh, then finance minister, was chiefly responsible. They do not even match the incremental reforms of Mr Singh’s first term as prime minister from 2004-09. Still, from an ageing man whose second-term performance has been feeble, they mark a welcome change.”
In a report, the Washington Post, said after pushing through unexpected economic reforms last week and refusing to back down in the face of protests and political threats, Mr Singh appeared to have rejuvenated a government thought hopelessly paralyzed. “Manmohan Singh’s coalition has splintered and his government is fighting for survival. But the Indian prime minister, who has been criticized for presiding meekly over a corrupt government, is suddenly being hailed as a bold, powerful leader,” the report said.
In the past, India has seen minority government functioning and completing full-term. Indeed, it was the minority government of Congress (1991-96) that actually initiated the first wave of economic reforms in India.
Opposition parties, however, are not ready to buy the logic put forward by Dr Singh. They said the prime minister is ‘misleading’ the country on FDI in multi-brand retail and appeared to be advocating interests of other countries while trying to “defend the indefensible”.
Bharatiya Janata Party (BJP), the main opposition party, described as “disappointing and uninspiring” prime minister Manmohan Singh’s address to the nation, saying that instead of rolling back the hike in diesel price and removing the cap on cooking gas cylinders he has only sought to justify them.
“The people were expecting some relief, that he will be taking back the hike in diesel price and the cap on LPG cylinders. But he has only made lame excuses,” BJP spokesperson Prakash Javadekar said.
Referring to the ballooning oil subsidy which would have touched Rs2 lakh crore this year, up by Rs60,000 crore last year, the prime minister, in his speech asked where would the money for this have come from.
“Money does not grow on trees. If we had not acted, it would have meant a higher fiscal deficit. That is an unsustainable increase in government expenditure vis-a-vis government income,” he said.
The BJP alleged that Mr Singh has only cited the economic crisis when the “real reason” behind the hike is corruption in UPA government. “The PM could have acted tough on corruption and announced cancellation of the coal blocks allocations and auctions which would have given Rs1.86 lakh crore to the government coffers,” Mr Javadekar said.
In a veiled criticism of prime minister Manmohan Singh’s justification of reforms tonight, TMC chief and West Bengal chief minister Mamata Banerjee wondered if the power of the chair is being misused to “finish aam aadmi”.
“I want to ask—what is the definition of aam aadmi? What is the definition of democracy? Is it not becoming clear that use of the name of aam aadmi, and misuse of power of chair, is to finish Aam Aadmi? Is it the game plan?” she said on her Facebook page.
Drawing comparisons with the 1991 situation when the Congress government unleashed a wave of reforms, Mr Singh said nobody was willing to lend even small amounts of money then.
“We came out of that crisis by taking strong, resolute steps. You can see the positive results of those steps. We are not in that situation today, but we must act before people lose confidence in our economy,” he said.
Shivanand Tiwari, spokesperson for Janata Dal-United (JD-U), however alleged that the prime minister was trying to “spread confusion” in the country on the issue of economic reforms.
“Everybody knows that a major share of petrol and diesel is imported. But what steps has the government taken to bring down the consumption. He is accusing the opposition of creating confusion on the issue but, in fact, Singh himself is doing so,” Tiwari said.
Left parties described the prime minister’s rare televised address to the nation on the recent measures taken by the government as an attempt to “defend the indefensible” and questioned how can it take such decisions when it does not enjoy ‘overwhelming’ majority in Parliament.
“The prime minister has sought to defend the indefensible steps taken by the government. The prime minister has not answered how he could proceed with these measures when it does not have the support of the overwhelming majority in Parliament,” CPI (M) General Secretary Prakash Karat told PTI.
CPI national secretary D Raja described the address as a “very very desperate” bid by the prime minister to reach out to people. He claimed Mr Singh “miserably failed” to answer any questions raised by common man and parties.
Congress spokesperson Rashid Alvi, however, dismissed the criticism.
“The prime minister has explained each and everything as to why under the present circumstances, tough steps taken by the government were necessary. This should be appreciated by other parties,” he said.
Dr Nita Mukherjee finds a unique community eye bank in Jaipur
It was a seminar organised in 2001 by the Eye Bank Association (Delhi) and LV Prasad Eye Institute (LVPEI, Hyderabad) in Jaipur that triggered the foundation of the Eye Bank Society of Rajasthan (EBSR). The seminar sought to promote eye donation in India to combat the scourge of blindness.
Among those who attended was one of the current members of EBSR, Bhavna Jagwani, who temporarily lost her eyesight and realised how cruel life could be without vision. She persuaded others to contribute to the setting up of ESBR. Unlike most eye banks set up at hospitals, EBSR was unique from inception—it was founded by social activists; there was no doctor involved. It was registered under the Societies Registration Act on 6 February 2002 with 10 founder members. Today, EBSR has 100 members; some 25-30 of them are active volunteers. ML Mehta is currently the president. The objective of EBSR is to promote eye donation in Rajasthan and run a community eye bank. Its success can be gauged from the fact that in its first year, it harvested 76 corneas; in its 10th year, this number has reached 1,000.
What distinguishes EBSR from other eye banks is that it does not depend only on pledging of eyes; it concentrates on hospital cornea retrieval programme as well. Explains Ashok Bhandari, honorary secretary of EBSR: “The process of cornea harvesting has to be completed within six to eight hours of death and takes just 15 minutes so there is no delay in funeral rites. For this, effective coordination is necessary between EBSR’s volunteers and technicians and the medical, nursing and para-medical staff of hospitals. Training volunteers and sustained counselling is crucial.”
Mr Bhandari explains passionately the need to popularise cornea donation. For each person that donates eyes, vision can be restored for two people as only one cornea is grafted on one person. ‘Grief counsellors’ play the delicate and crucial role of speaking to the critically ill patients admitted to hospitals to assuage their fears, and often, irrational anxieties. The six-week training of grief counsellors at LVPEI costs Rs20,000. “Our technicians are well-trained to remove only the cornea, not the complete eyeball; so there is no disfigurement of the body.”
EBSR is a fine blend of volunteerism and professional management. Far from taking any kind of honorarium from the organisation, volunteers not only contribute their time but also don’t take reimbursement of expenses. “More than funding, we need younger volunteers so that outreach can be enhanced. Currently, most of our volunteers are retired people looking to do meaningful social work,” says Shirish Mody, honorary joint secretary EBSR in charge of awareness programmes. While the ‘medical’ part of the work is handled by technicians, the most time- and energy-consuming part of the eye bank is extension and communication work.
EBSR conducts some 50-60 awareness camps in a year—the maximum during the World Cornea Donation fortnight celebrated annually between 25th August and 8th September. Until now, some 500 awareness camps have been held. Volunteers are armed with a CD containing a PowerPoint presentation on all the frequently asked questions by potential eye donors.
EBSR has so far harvested 4,500 corneas; 3,000 have been implanted. All harvested corneas are first tested at the EBSR laboratory for all health parameters; they are used only if found 100% fit. Those not used for implanting are donated to medical colleges for teaching and demonstration purposes. Initially, LVPEI gave the necessary technical guidance and set up the standard operating procedures. So impressed was Orbis International (USA), a partner of EBSR, that it financed the entire world-class equipment for EBSR’s laboratory. Today, EBSR is among the first 10 Indian eye banks to get an affiliation with the SightLife Society of Seattle (USA) which sets world standards in eye donation.
Donations to EBSR are tax-exempt under Section 80G; the organisation welcomes young
Eye Bank Society of Rajasthan
429, Adarsh Nagar, Bees Dukan,
Near Geeta Bhawan,
Phone: +91 41- 2604117,
Email: [email protected]