A LOOK AT ECONOMY AND REFORMS
On this independence day, let me take a look at what is happening in the country. The intelligentsia is divided along political fault line into two camps; one the perceived right wing and HIndu supporters and the other the perceived left of center and secular. The secular brigade is going around crying hoarse that the right wing fringe elements are a danger to the society and it gets a tacit support from the ruling party. For every ill that is befalling the country, the secular brigade has made it a point to blame the ruling party in general and the prime minister in particular. The recent nose diving of the rupee against USD has also been blamed squarely on the policies of the government and inept handling of the currency and economy by the PM. It is apparent that they seem to forget the Indian currency is no longer insulated from the global tremors in the financial and currency markets. With the Turkish Currency falling by almost 70% in a few weeks and ...