Rahul Gandhi’s half baked economics

For someone who claims a Masters in “Development Economics”, Rahul Gandhi’s troubles figuring basic “economics” raises many questions.

So we have the heir apparent in Gujarat, apparently for a show of strength.

Someone needs to remind him that he is more than 12 months late, in responding to his own party’s call on a “Narendra Modi versus Rahul Gandhi” showdown.

First for some valentine day’s levity, Rahul Gandhi style.

Speaking in Surat, Rahul  Gandhi said he didnt believe in Valentine’s Day. So all “pub going, loose and forward” pink chaddis can take themselves out of prospective consideration.

Moving on to topics more cerebral, it seems the spirit of enterprise in Surat got Rahul Gandhi talking up “Economics” only to expose some intellectual underdevelopment.

“On the one hand Gujarat Government has provided incentives of crores of rupees for Nano project but it has turned away from the diamond workers. It seems state government is not ready to spend money on poor,” Rahul said.

May we remind the “memory challenged” Rahul Gandhi what his preferred candidate for Prime Minister, Manmohan Singh had to say about the Tata’s industrial projects at the Tata Centenary Celebrations in Jamshedpur back in April of 2008.

I compliment my friend Ratan Tata, his colleagues Shri J.J. Irani and Shri Muthuraman, for their leadership and for their vision. Our country owes a great deal to such dynamic patriotic leaders of Indian business. They create wealth, they create employment, they create new capabilities and they create new possibilities for all our people.

That was not all Manmohan Singh’s speech further goes to expose the fallacy of Rahul Gandhi’s half baked economic theory that entitlements for Diamond Workers should come at the expense of incentives for the Nano

Today, as we enter a new phase of industrialization we need new centers that can create new jobs and promote new industries. Our government has come forward with a humane industrialization policy where the focus is on creating employment while at the same time ensuring that no section of the society is displaced or dispossessed by the processes of industrial development.

Unless of course Rahul Gandhi’s case is that Diamond Workers in Surat are being dispossed and displaced by a Nano Factory in Sanand, Rahul Gandhi’s contention fails his own Prime Minister’s economic philosophy. Perhaps he should consider going back to School to do something about those “under-developed” economic studies.

Filed under: Lok Sabha Polls 2008-2009, betrayal of aam admi