Retributions  

Let’s stop being apologetic about wealth

In my article in the October issue of Pragati, I argue that UPA government’s so-called austerity drive achieves little except legitimizing poverty,

The fundamental problem with the austerity drive and its glorification in certain quarters is that like  Mr Bachchan’s movies from the 1970’s, it legitimises poverty. The clarion calls for return to days of Gandhian socialism might be mere sloganeering but it still represents the idea that poverty is an elevated state of consciousness attaching to it an ill-deserved moralistic value. Now that large swathes of India are enveloped in the darkness of poverty is undeniable. Whether couched in terms of “inclusive growth” or “growth with human face”, Indian growth story needs to embrace hundreds of millions who continue to live in poverty.

Download the October issue for much more including extensive coverage of India’s ”gravest internal security threat”: Maoism.

P.S The Pragati article also appears as an op-ed in the Mail Today.

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