Tuesday, July 29, 2008

Blasts, Inflation, N-deal

The title suggests the way I would sum up the current social, economic and political situation in India. Notable political developments being- the political drama on the way the government proved its majority in the house, the dignified members of the solemn house behaved, Somnath Chatterjee expelled from his party (for me he and CPM were inseparable), the famous 'Sashikala' speech by the junior Gandhi, the upward movement in the stature of Mayawati as the potential prime-ministerial candidate of the 'third front'.

The news channels do not feel tired mentioning in headlines that inflation has dropped, I eagerly waited for the whole news to come up, inflation dropped from 11.91% to 11.8%. Phew! Is that good enough?! News flowing in that RBI is going to hike the Repo and CRR rates to contain inflation. At least somebody is doing something, the government does not seem to have any time to even think working towards containing inflation. First it was busy sorting out the chances of its existence, and now reacting to the 'demonic' problem of terrorism.

There has been a spat of bomb blasts in the country, the major cities like Bangalore and Ahmedabad under the scanner this time. The development that we so much boast of about India, has been becoming a cause of worry. Any city which is on an upsurge, should also get equipped to fight terrorist blasts, randomly occuring in any part without any notice.

But India, and these cities in particular, have shown commendable resilience. We have shown nothing can dampen the new spirit that India is shining with. We have vowed to reach the peak before we start looking down to see how far we have reached.

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