Friday, January 8, 2010

New Year Wish-list!

The year 2009 was pretty bad on many counts. The list of things that we would like to forget is definitely large, if not endless! But the question is ‘have we learnt any lessons from our mistakes?’ Joseph Stiglitz says that ‘the best that can be said for 2009 is that it could have been worse’! But he thinks that the world has learnt some important lessons. Well, is it optimism at its best? After all, economists are fond of assumptions!
Coming to India, the country has had many highs n lows in the year 2009. Among the lows, most distressing is the report of increase in poverty levels. According to the Tendulkar committee report, which was established to make a realistic assessment of poverty after the government faced criticism about its official estimates, poverty levels are 37.2 % which is much more than the official figures of 27.5 %. (some articles relating to this report are here and here.) We must not forget that even this report is faulty and therefore, the actual poverty rates would be much beyond 50 %.
Coming to Karnataka, I wonder if there are any great achievements to boast about. A peaceful state till recent times has sadly witnessed a steady growth in communal riots ever since BJP government has come to power. The recent data suggests that Karnataka has the dubious distinction of topping the list of communal clashes in South India. It has even overtaken Gujarat at the national level. No doubt a distressing trend. 
So, would 2010 go down in history as a year of great achievements- demonstrated by decrease in both poverty levels and communal riots?

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