The Tolling bell

The Health Protection initiative announced in the latest Indian budget is planned to benefit nearly 10 crore families and 50 crore people (500 million), would be the world’s largest government-funded health protection programs when rolled out. Providing health to the poorest of the poor could dramatically reduce sickness and death, in a positive direction for its citizens. The increased build out of the Medical Facilities required for them, has been acknowledged for the first time, and a rudimentary plan to increase Hospitals, Medical Colleges and Private services for the people has been put in motion.

The new Indian budget also advocates a rise in allocation for infrastructure by 21% accompanied by broadening of corporate tax relaxation for Micro SMEs, a unique focus on generating livelihood creation in agriculture and rural sectors via new Operation Green is important. New incentives to enhance employment in labor intensive sectors of textile, leather and footwear, will ensure a stronger consumption and investment impetus in FY19. This could finally kick start the entrepreneurial spirit of millions and create jobs for the next decade. Improving agricultural income would create a rising spiral for consumption and production,

These measures help to ensure that the citizens of India at the lowest levels of society may finally rise out of dire poverty and helplessness. Each of them will now have a reason to seek a better life as health and happiness has been brought closer to them. Too long was caste and religious stratifications ruled the land. Now the measures are changing and becoming human. No longer is economic incentive based on religion, caste, and backward class distinction but on economic need and basic human dignity. When you are one of a billion then it is important for everyone to help take care of you with no divisions. Each citizen is prized and can be a productive member of society if given basic human inputs.

The economy can only grow when it is an inclusive economy of all classes. The Rich may have to pay a disproportionate share to raise standards for all, but it is an exercise worth doing. The final arbitrator will be the ability of this government to bring true reforms in labor, property, disinvestment and Banking and Insurance. To turn the State’s Public Sector behemoths into dividend declaring contributors to the economic growth will provide much needed relief. At the end of the day can this government truly implement the reforms and programs that it has announced or proposed will determine the common man’s vote. The next toll rests on how they perform for their constituents..

No man is an Island, entire of itself; every man is a piece of the Continent, a part of the main; if a clod be washed away by the sea, Europe is the less, as well as if a promontory were, as well as if a manor of thy friends or of thine own were; any man’s death diminishes me, because I am involved in Mankind; And therefore never send to know for whom the bell tolls; It tolls for thee. -John Donne, poet (22 Jan 1573-1631)

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