From wish list to strategy | Business Standard Opinion

From wish list to strategy | Business Standard Opinion

The need to ensure some
relationship between election promises and economic planning once mandated to
govern and the benefit of introducing transparency in assumptions and
projections in Economic Survey so that Budget when presented would be better
appreciated have been well explained. The ssuggestions for reforming the
Economic Survey are apt.
Generally, the huge pile of
papers(those who have seen only ‘soft’ copies, excuse) presented in the form of
Economic Survey and Budget Documents which are produced in ‘secrecy’ does not
mean much to the common man beyond some price and cost rises and increase in
expenditure on account of taxes and other levies.
Think of a day when the Economic
Survey gives a realistic account of the ‘wish list’ of the people who voted the
government to power and giving a brief account of sources and possible uses of
funds available explains the extent to which efforts have been made to meet the
aspirations and why some demands have to wait and why others get priority over
them. To make this possible, planning has to be taken to the grass-root level.  
Government should resist the
temptation to show  immediate results of
reforms as is now being demanded by the previous FM Chidambaram as governance
is much more than political debate.
                                                                                                                                
M G Warrier, Mumbai



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