Why UPA ( a fiscal disaster) making coalition should lose

[veeru_rocks]

http://www.dnaindia.com/report.asp?newsid=1250844 UPA and Manmohan Singh deserve brickbats not merely because they are falsely claiming credit for things they did not do (all politicians do that), but because they are doing real damage. They are handing over a much-destroyed polity and a debauched economy. Here's why: Fiscal irresponsibility: The NDA left behind an eminently sensible Fiscal Responsibility and Budget Management Act to prevent government spending excesses. The UPA has driven a coach and four over it. Today, the fiscal balance has been shot to pieces. From the day it was elected in 2004, the UPA has used the taxpayer's money to get itself re-elected. Despite five years of high revenue growth, the government faces its worst fiscal deficit in two decades. The next government will inherit a scorched earth. Fudged figures: Between Manmohan Singh and P Chidambaram, they fudged the fiscal deficit numbers by deliberately keeping the subsidies parked with the public sector oil companies. In short, the UPA robbed not only the taxpayer who funded these national assets, but also investors, who own shares in these companies. In the west, the PM and the finance minister would have a faced a class action suit for looting ordinary shareholders. The government has accused Satyam's management of gross corporate misgovernance; it is guilty of much worse in the oil sector. No reforms whatsoever: The NDA privatised several loss-making public sector companies and expanded public ownership of public assets. The NDA liberalised foreign investment rules and created the legal framework of competitive expansion in mobile telephony. It launched the first major infrastructure initiative - the golden quadrilateral. Even assuming the UPA's priorities were different - the aam aadmi schemes - it could have reformed delivery systems so that the money spent went to the right beneficiaries. But even this hasn't been done. It has wasted most of the money. The only reform it did - in civil aviation - is now leading to bankruptcy. Cloak of honesty: The UPA government, led by "honest" Manmohan, has presided over fairly dubious decisions. The recent Israel defence deal was cleared with suspicious "business charges" of Rs 600 crore by Manmohan and another equally "honest" minister, AK Antony, among others. The worst corporate scam in Indian history (Satyam) happened in the bailiwick of a Congress CM, and the government has skillfully helped YS Rajasekhar Reddy cover up the political aspects of the scam - mostly involving real estate. Singh's government also helped Sonia crony Ottavio Quattrochi run away with money that was frozen after the Bofors scam. If the PM knows nothing about these scandals, he does not deserve to be PM. If he does, he is an accomplice. Is this what honesty in politics is all about? Let's close with Sally's judgment on Manmohan Singh's non-performance on reforms: "The conventional excuse is that their hands are tied by Sonia Gandhi and her Congress coterie, and by coalition politics. This explanation just does not wash...Mr Singh has proved a hopeless decision-maker as prime minister. Sadly, he proves the rule that academics should generally be 'on tap' but not 'on top'."

[Mullah_Nayak]

Those UPA-twits have ignored the GQ road network, that much I can agree but the below statements are incorrect -

The UPA government, led by "honest" Manmohan, has presided over fairly dubious decisions. The recent Israel defence deal was cleared with suspicious "business charges" of Rs 600 crore by Manmohan and another equally "honest" minister, AK Antony, among others.

Antony is a very upright minister with a spotless record. The items provided by Israel is not that freely available in the open market, if a tender is called, add another 10 years for the Army goons to delay the process.

The worst corporate scam in Indian history (Satyam) happened in the bailiwick of a Congress CM, and the government has skillfully helped YS Rajasekhar Reddy cover up the political aspects of the scam - mostly involving real estate.

Satyam was a fraud from get-go, too bad Rama-no-more-lingam Raju lost his d!ck with the Maytas fiasco, UPA is not responsible.

[veeru_rocks]

Rajeev gandhi bhi mr clean hua karta tha till bofors happened.. Stayam chief was in close parley with congress Cm of Andhra and even today he has been shielded by congress bigwigs so I wonder how can you say congress is not reponsible