Thursday, May 24, 2012

Austerity : A Hollow Slogan

The Finance Minister pressed the austerity button once again. Millions in India are having a “below austere” existence forced upon them by an insensitive system. Government spending on wasteful causes has been a common practice: advertisements in the media glorifying of leaders and governments (both central as well as the state) spending crores of rupees: extravagant public functions: foreign travels spending astronomical amounts of tax payers money : huge amount of subsidy to the undeserving: ……..the list is legion. Business icons N.R.Narayana Murthy and Azim Premji reportedly prefer to travel by economy class which was ridiculed as “cattle class” by the former Minister Shashi Tharoor. While our leaders and “public” servants have no qualms in spending public money.


We are not holy as regards spending money for social and religious functions: extravagant marriage ceremonies, birthdays, anniversaries, “coming of age functions”, etc. For the rulers as well as the ruled, profligacy is the norm and austerity is the exception.

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