The trend has captivated both the imagination and attention of voters. Many poor voters find it difficult to 'reject' the offers. Poverty depletes, even breaks their will, despondency sets in, decision fatigue is common. For the deprived and the poor, a rupee today is more than a hundred rupees tomorrow. Most vote hoping that the manifesto pledges will be diligently carried out and delivered.
The Mirage of Manifestos
However, it has become evident that these manifestos primarily serve as tools to attract voters rather than a genuine commitment to delivering on their promises. The bitter truth remains that election manifestos, meant to serve as a blueprint for governance, often exist solely on paper, lacking any substantive impact in practice. Sops and rag-tag welfare schemes are the currency to buy' votes. Half-baked and badly implemented welfare schemes in any case benefit only the endowed.
Political parties know they can 'escape' accountability. Most do. In a complex, often high pitched and shrill electoral milieu it is difficult for voters to untwine and disentangle who, and at what level of government is responsible for which welfare scheme. Post elections they resort to brazen excuses, such as lack of consensus, and funds, to justify their failure to deliver.
Sops and freebies hamper and overshadow long-term progress and economic stability. They also distract from addressing the underlying challenges of governance, welfare, and sustainable development. They benefit the endowed. It is dangerous.
This story is from the 15 July 2023 edition of Businessworld India.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
Already a subscriber ? Sign In
This story is from the 15 July 2023 edition of Businessworld India.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
Already a subscriber? Sign In
Gauging Trumponomics For India
Despite some shortto mediumterm headwinds in trade and immigration, the broader Indo-US vision of counterbalancing China’s influence is expected to ensure continued cooperation under Trump 2.0
Reflections on Consciousness and Creation
Indian-American DEEPAK CHOPRA on the nature of the universe, the digital fabric of existence, and the power of a conscious mind
MORE TAKE TO DRIVING IN STYLE
High-end luxury vehicles are no longer part of a niche market, but a rapidly expanding segment of automobile sales, driven by changing consumer preferences, rising disposable incomes and better infrastructure
India's Growing Affinity for Swiss Watches: A Luxury on the Rise
NDIA'S ROBUST ECONOMIC growth, projected to exceed 6 per cent in 2024 and 2025, is fostering a rising demand for aspirational products. As disposable incomes increase, particularly among the expanding middle class, luxury goods such as Swiss-made watches are gaining popularity.
An ENRiching Outlook
KPMG's latest report shows energy CEOs being optimistic about the sector's outlook. ANISH DE, Global Head, ENRC, KPMG speaks to BW Businessworld's Arjun Yadav on what's driving this confidence
Paving the Path to a Sustainable Future
Salesforce's ESG journey has made an impact beyond the company. SUNYA NORMAN, SVP of ESG Strategy and Engagement at Salesforce, shares more on how the tech giant integrates sustainability into its core operations, supporting global goals while empowering employees
LEADERSHIP TRANSITION AT XIAOMI INDIA
Xiaomi India is experiencing a leadership evolution, beginning with Muralikrishnan B's departure as President by the end of 2024. This change underscores Xiaomi's shift towards nurturing local talent amidst dynamic global shifts. The story tracks key transitions from Manu Kumar Jain's leadership to Muralikrishnan B's impactful tenure, along with recent strategic hires, highlighting Xiaomi's alignment towards market adaptability and consumer focus
WEAVING SUSTAINABILITY
Once a modest home textile manufacturer, Jindal Worldwide has evolved into a vertically integrated textile powerhouse, spanning critical segments of the yarn and fabric value chain
FORCE FOR GOOD
FY24 saw capacity expansions for Century Enka in nylon and polyester segments, along with investments in modernisation, renewable energy, and safety initiatives
REIMAGINING TOMORROW
For V-Guard, tomorrow signifies progress, driven by today's actions, setting the foundation for future growth and value creation for all stakeholders