Rupee Wins, Indians Lose

By
Prakhar Swaroop, MBA-IT, I sem

The good news is that our Indian National Rupee got a symbol of its own, becoming only the fifth currency in the world to have an official symbol. Time to celebrate, but still there is a doubt in the back of mind about us Indians, in any way, being ready to celebrate this feat. Sadly, it doesn’t seem so. The common man is still struggling to find ways to make both ends meet in the face of ever rising rates of goods and commodities. He doesn’t have time to even think about anything other than his personal sorry state of affairs. He has got so many things on his mind. Things like food inflation being constantly in double digits for the last few months. Things like the recurring increase in fuel prices which once again have a spiralling affect on the prices of goods. Things like vegetable prices soaring high. Things that in some other conditions might have bothered the government of a developing nation like ours. But the government seems unperturbed. They are apparently lacking will power or positive motivation to curb inflation that is causing even otherwise well-off households to go weak in their knees when it comes to spending under a budget. Sometimes it seems that the government doesn’t want to check inflation. They are content, happy even, that the people are being ground by the price rise to an extent that they do not have time to think or talk about issues other than inflation. Issues regarding development, corruption, unemployment, incompetency of the system et al have taken a back seat. ‘Let people be so occupied with their daily bread that they can’t even think about more vital issues, let alone raise their voices against the system’ seems to be the functional policy right now. How else could we explain that all this is happening even when the premier of the country is a world renowned economist? Why is he seemingly unable to apply his theories for the good of the people of his country, is a really good question to ponder upon.

Adding to the woes of the people is the fact that people sitting in positions of authorities either do not have any clear idea of what is going on, or they just keep on ignoring things for reasons that are beyond our understanding. Not long ago, when the prices of sugar were sky-rocketing, people started questioning if the Ministry of Agriculture was doing anything about the issue. Whenever asked, the Honourable Minister of Agriculture always gave statements that instead of soothing the people felt more like salt being rubbed on their wounds. Sometimes he became an astrologer giving a particular date till which the prices would come down, which they did not as we have seen. Asked about the spiralling sugar prices when the prices were at all time high,he said upward spiral would soon be over and prices would soon start plummeting. He said not only would the prices come down; there would be so much sugar that the government would not know where to store the product. We have been waiting since then for that to happen But once again, he made a statement that before falling down in near future, the prices of sugar may continue to rise. Experts see it as calculated creation of artificial scarcity of food products. Sometimes he has stated things that made it very clear that he was having no touch with ground realities. Some had also questioned at that time whether he deserves to hold this office given that he was diverting all his efforts and time towards the ICC of which he is the Chairman.

The most recent incident highlighting the indifference of the government towards the general good has come to light in the form of an anguished slamming from the Supreme Court on the casual response of the food and agriculture ministry to reports of millions of tons of food grain rotting in the open and people dying from hunger. This actually shows how serious these people are towards the common man’s problem. The Supreme Court had ordered the centre to distribute the rotting food grain among the poor for free. They had actually asked the government what was better – to let food grains go waste or give it to the poor and hungry for free. Our dear minister audaciously responded that the “suggestion” of the apex court was impossible to implement. The Supreme Court then reminded him that it was not a suggestion but an order and it must be carried out.

The impression this sends out is that this whole government is not willing to bail people out from their troubled state. They are very busy keeping their own interests on top of their priorities and having no concern whatsoever about the condition of people in general.

We can only hope that the people who are responsible for the betterment of the country and its citizens realise that they have huge responsibilities resting on their shoulders and act now so as to make sure that the problems the people are facing are at least reduced. Also, if they would work towards the cause sincerely and get results for us to see, the people will at least feel that they are not alone in this and there are people who are concerned about them and are working towards their betterment.

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