Sunday, July 4, 2010

Bandh

Bandh = Shut = Strike. Today, a national bandh was declared in India. Cause: Fuel Price Hike.

The government in India used to control fuel prices such that it retailed at the same price in a particular region. Some days ago the government decided to put an end to its fiscal burden by taking steps to free up the market to competition.
Short Term Effect: Run-up in prices of many goods
Long Term Effect: Good for all as a sustained fiscal burden which would normally manifest itself in continual inflation is put to an end.

Poor Man: Everything is expensive - the government isn't doing anything to alleviate our pain!!! The government sucks!!! Opposition - Attack!!!!
Intelligent Man: I want to work!!! Why is there a bandh??!! Wait, hmm.. I could use a break :) But I believe the government did the right thing for all of us, especially the next generation.
Opposition: Daym!! I've been bored for so long, finally there's some action!!

People are entitled to object to government policies and political parties are the medium to voice supposed opinions. Is India a dysfunctional democracy? Is there anything like a functional democracy?

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