June 07, 2011

life in general & financial markets: its just another example of ugly face of congress/upa government

The midnight violent attack by the Delhi police, at the behest of India's Congress Party/UPA government in the centre, on the people who were at the Baba Ramdev-organised gathering at Ram Lila ground in New Delhi was only another example of the ugly & authoratarian face of the Congress Party/UPA government.

Such incidences have been happening in the hinterland of India since the last 8-9 years when Congress/UPA has been in power, and even prior to that under the previous regime of BJP/NDA. In states ruled by the communist and socialist parties too, police brutality on people has been a norm.

It is good that many affluent Indians, who are the supporters of Baba Ramdev, who are now getting aware of the violent face of the Congress/UPA government. I hope they also become sensitive to the problems of non-affluent Indians so that next time a government will find it difficult to turn into a monster.

Same applies to the hordes of financial market professionals including economists who look at a government's performance throw a very narrow prism.

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