In continuation to Modi’s speech on 12th May announcing Rs 20 lakh crores stimulus package, the FM Nirmala Seetharaman has started explaining how this stimulus shall be implemented in a series of press conferences from 13th May. Today she has started this process, under the guise of self-reliance, a series of measures are announced for MSMEs after changing the definition by raising their investment and turnover limit. But, there was not even a mention of the informal and unorganised sectors. No Immediate relief for the dying many millions of migrant workers. No direct money transfer to the starving millions. At the same time, she announced many tax giveaways to middle classes. The state governments are completely ignored, when they are in extreme crisis on account of heavy responsibility to deal with COVID-19, and nothing to rejuvenate their financial position.. There was not even mention of the question of distributing the GST arrears due to states. Her high sounding and rhetorical presentation, had nothing concrete for the most deprived. There is a reference to more liberalisation in FDI, labour, land and necessary legal changes for that. But details are not announced..
When the whole world is in lockdown, Modi has no other option other than appealing for becoming "Atmanirbhar" (self-reliance). On the other hand, the "Make in India" program, announced by him after ascending to power in 2014, has become a farce and that slogan was a cover for transforming India in to a dustbin/dumping ground for MNCs In view of the announcements yet to come, especially related to liberalisation in FDI, labour laws, land acquisition, etc., the fate of Atmanirbhar is not going to be different. Meanwhile, the 15 items taken up today are oriented towards rejuvenating middle classes with tax exemptions and money availability while nothing is there for the most deprived inter-state migrant workers. No mention on the transfer of GST dues to State Govts. COVID is an opportunity for shoring up the vote banks for the ruling regime. In the name of atma-nirbharatha, Modi is continuing his organized plan to hoodwink the masses to implement the RSS agenda. When Covid19 broke out, not perturbed by another wave of its outbreak, as WHO and many scentists are warning, Modi is trying to strengthen his corporate fascist rule, helping the mad race of the foreign and native corporate forces for further accumulation of natural wealth. So, showing any feeling about the plight of the millions of migrant workers and their families is alien to Modi.
K N Ramachandran
CPI (ML) Redstar
13th May 2020