Yashwant Sinha calls for ‘lokshakti’ to check ‘rajshakti’

"I was avoiding speaking about demonetisation (at this event) because after all what does one say about something which has failed," Sinha said.

By: PTI | Mumbai | Updated: October 16, 2017 10:53 am
yashwant sinha, economy, indian economy, economic policies, demonetisation, gst , modi government, lokshakti, rajshakti, india news Former Finance Minister Yashwant Sinha

Former Union finance minister Yashwant Sinha today once again trained his guns on the economic policies of the Narendra Modi-led government and called for ‘lokshakti’ (people’s power) to check ‘rajshakti’ (government).

Speaking at an event organised by farmers’ NGO Shetkari Jagar Manch at Akola in Vidarbha region, he also singled out the central government over demonetisation and implementation of GST.

Referring to socialist leader Jayaprakash Narayan, Sinha appealed for a ‘lok shakti’ movement which will keep a check on ‘raj-satta’ (government). “Let us start this lokshakti initiative from Akola,” he said, adding, “As it is, we are already facing recession. And what are numbers. Numbers can prove one thing and with the same numbers, the other side can also be proven.”

Training his guns on Prime Minister Modi, the BJP leader said, “The head of our government in his recent hour-long speech cited numbers to show India’s progress, saying so many cars and motorcycles were sold”.

“Does this mean that the country is progressing,” Sinha asked, adding there was sale, but was there any production.

“I was avoiding speaking about demonetisation (at this event) because after all what does one say about something which has failed,” he said.

“When we were in the opposition, we used to allege that there was tax terrorism and ‘raid raj’ by the then government. I have no words to express what is going on today as terrorism is the final word,” Sinha said.

GST could have been a “Good and Simple Tax” but the people in power made it a “Bad and Complicated Tax”. It is the government’s duty to remove anomalies in GST implementation, he said.

On his recent outburst against the government through a newspaper article, Sinha said, “People felt that I said what they feel.” “I come from Jharkhand where farmers do not commit suicide. But in the recent few days I do not know what happened that the farmers there are committing suicide,” he said.

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  1. A
    Amar Surya
    Oct 16, 2017 at 9:55 am
    उचित कहा उन्होंने . नींद से जाग तो गए ! सस्टेनेबिलिटी का अर्थ जानिए तब अर्थ व्यवस्था की योजना बनाएं. सभी मंत्रियों को सीखना होगा ये. शब्दकोष में संवहनीयता - sanvahanīyatā sanvahaneeyataa. Sustainability economics.
    1. S
      Oct 16, 2017 at 1:52 am
      Sir, It is not our governments. It is few capitalist minds which had made this state of our country. If we don't identify the mistake correctly, we will look for resolutions somewhere else. People don't pay taxes, it is becuase, they have faced british rule, which only brutally looted, imposed unjustifiable lagaans, treated people miserably. till lately, licesnce raj policies was followed by government, excluding people from growth, made them reluctant to pay taxes. It is not they don't want to pay, their trust has been shattered many times in past. Bribing the government officials was introduced by british into India, still many foreign companies (e.g. Monsanto) are using this to exploit the Indian poor and unaware people. Demonitisation was one excercise to bring peole out of that habit of not paying tax. Making beaurocrarcy more and more people freindly and corruption free (zero bribe) will be another step, to bring back the trust in government.