Post DeMo Narrative -4

The article titled "Who will pay for the sops" by Prof Arun Kumar of Institute of Social Sciences Delhi, (IE, 13th Feb 2019) shines light on the state of economy that helps connect many dots on the events of last few years. 

Almost nil data on the Unorganised Sectors of our economy explains the current buoyant-economy narrative of NaMo lead GoI. 

Prof computes from many private surveys that this part of the economy possible grew at 1%. There was no alarm as most of taxes are paid by organised sector. 

The NaMo game plan in DeMo adventure was then intuitively sensed; it is now clarified. He played the Janta by posing as Corruption Fighter, creating the spin of a very decisive and strong leader. 

Stuffing Banks with Cash for onward lending to Organised Sector and hoping that its growth (duly measurable) will raise his/BJP's electoral fortunes. And on top of that it immobilized the Opposition parties just before the crucial UP and Punjab Assembly Elections. 

The minor blip in growth figures was a small price to pay. Hats -Off to NaMo, again. 

But the severity of political backlash from down under was not computed. NaMo got scared /greedy and started playing with GoI institutions to massage the data. 

We are in for some interesting times 

(Please see my blog postings of Nov-Dec 2016)