04-12-2009, 06:33 AM
<!--emo&:ind--><img src='style_emoticons/<#EMO_DIR#>/india.gif' border='0' style='vertical-align:middle' alt='india.gif' /><!--endemo--> The BJP manifesto differs from the new orthodoxy in two significant ways. First, the role of the State in the economy has been narrowed down to two specific areas. There is, of course, the heavy investments in infrastructure â the building of roads, the upgrading of ports and airports and investments in low-cost housing. Along with this, the State has been entrusted to ensure cheap food to those citizens who need it the most and special facilities for the advancement of women.
There is a fundamental difference between this and the Congress emphasis on the NREGA. The NREGA scheme was a flawed exercise in welfare precisely because it channelled Government expenditure into earthworks and non-asset building projects. The money the UPA Government diverted from infrastructure projects has resulted in the creation of nothing tangible.
The second feature of the BJP manifesto which is a radical break from the past is the commitment to a low tax and low interest regime.
http://www.dailypioneer.com/169059/BJP%E2%...-manifesto.html
There is a fundamental difference between this and the Congress emphasis on the NREGA. The NREGA scheme was a flawed exercise in welfare precisely because it channelled Government expenditure into earthworks and non-asset building projects. The money the UPA Government diverted from infrastructure projects has resulted in the creation of nothing tangible.
The second feature of the BJP manifesto which is a radical break from the past is the commitment to a low tax and low interest regime.
http://www.dailypioneer.com/169059/BJP%E2%...-manifesto.html