JPSC 6th Combined Civil Service Recruitment 2016-17

UPSC JPSC
2261

 

Difference between NDA 1and UPA 1,2 :


 

So was the UPA one-up on the NDA?


the point I would like to make is this: when there is no way to separate results from real effort or luck, is it worth giving higher marks to the UPA on growth than the NDA? UPA's high growth years were the result of very good luck, as one is hard put to find what it actually did to deserve it.


The truth is we credit UPA with higher performance because we are vulnerable to the outcome fallacy. A good outcome is used to presume good management. Because growth soared, and we had an economist as PM, we assumed it must have resulted in great economic management. This may not be the case at all.


Even though the UPA thinks it has been badly done by in the post-Lehman global crisis, when growth faltered, it is worth recalling that 2003-08 was the greatest period for world growth in several decades. Even sub-Saharan Africa outperformed, not just India.


On the other hand, the NDA faced as many headwinds as the UPA, but achieved more in qualitative terms.


Consider what the NDA faced. First came the Asian economic crisis, then the post-Pokharan sanctions, then the Kargil war, then the dotcom bust, then the 9/11 and Parliament attacks which imposed huge defence costs due to the border mobilisation.


What needs to be evaluated is what the NDA managed to do in the context of its political and economic constraints.


In its difficult circumstances, the NDA government privatised many government companies, reformed the Electricity Act (to make it possible for users to take power from any source), cleaned up the mess in the power sector by reducing the debts of SEBs, legislated the Fiscal Responsibility and Budget Management Act, partially deregulated petroleum pricing, opened up the gas exploration sector, etc.


By the time it left office, inflation was down and falling, growth was reviving, the current account was in surplus, thanks partly to the global upturn that was just beginning.


Now contrast this with what the UPA inherited and what it did with its inheritance.


It saw an enormous surge in tax revenues - which had nothing to do with its policies - and used the money partly to invest in rural infrastructure, but mostly to hand out subsidies to all and sundry.


The state electricity boards were allowed to sink back into debts and losses, and today they have accumulated losses of over Rs 2 lakh crore.


The oil sector deregulation was completely rolled back and, over 10 years, the UPA doled out oil subsidies to the tune of Rs 8,00,000 crore. This is simply criminal and the prime cause of the UPA's self-created problems.


Along with fuel, fertiliser and food subsidies have shot through the roof - and new legislation will make things worse under the Food Security Act.


Despite the huge lift from global economic forces, UPA frittered away the advantages in subsides and bad policies. Net result, the telecom sector is struggling, infrastructure investment has got bogged down, the aviation sector is a stretcher case, power discoms are on life-support, the fiscal deficit has been contained by accounting jugglery, the current account deficit has been temporarily curbed by killing off domestic growth, banks have piles of bad loans and badly need recapitalisation, and the public sector has been debauched.


We are now into a stagflationary situation.


On the positive side, airports have been modernised, but at such high costs that they are still unviable. Low-cost airlines need low-cost airports, but we have killed off all chances of that.


Rural wages are up, but at the cost of huge inflation resulting from a wage-price spiral.


Markets have been distorted in several crucial areas - energy, fertiliser, food, land, everything. The hand of government is distorting the markets and slowing growth.


In the ultimate analysis, one should judge a government's performance not by the raw numbers of growth, but by what it inherited, and how it fared given the global economic conditions.


The NDA struggled with its inheritance and opted for serious reforms that helped the UPA. The UPA rode favourable winds and simply squandered its legacy by spending, spending, spending.


UPA was re-elected due to one more luck factor: in 2008-09, the crash in global commodity prices brought inflation down to below zero just around election-time, before making a V-shaped recovery to double-digit price rises.


If spending taxpayer wealth is performance, the UPA has certainly performed. In fact, all of the UPA's achievements (poverty reduction, higher rural wages) relate to its ability to spend: in UPA-1, high tax revenues allowed this spend to happen without too much trouble; in UPA-2, when spending had to be curtailed, it simply went on spending and invited stagflation in the economy.


the UPA is leaving behind a poor legacy thanks to its reckless spending over 10 years. Little wonder Crisil does not expect growth to top 6.5 percent even with a stable government.


( This article was written on 22 April 2014 )  

2262

we can pick one sector each week and discuss the performance of the Union/JH and the schemes and probable solutions...this way we will have data, schemes and what more could be done..  which will be beneficial for our preparation and probably help to to vote prudently as well ( hahah )

2263

Has IMF been successful in meeting its objectives. Present a critical analysis.

2264

Explain geo-political importance of Jharkhand state.

2265

out in PO by 0.4 margin !!


jai Hind !!!!!!

2266
https://m.aajtak.in/states-news/bihar-news/story/new-pattern-of-communal-tension-in-ramnavmi-bihar-993054-2018-03-30
2267

can any one guess rightly ...when will  be the jpsc mains conducted ...?


2268

Are candidates from other states than Jharkhand allowed only 10% of the UR seats in Group A and B level exams of JPSC.?

2269

dalits are on rampage. causing great inconvenience to general public. destroying public property in my city and raising provocative slogans

2270

Bro i think that every sc $st community child should be given all resources,monthly monetry compensation sinch birth for better education but this wild card entry in job should be banned.i am giving u one example ,my close friend from st community who was financialy better than me had got just half of my marks in pre medical exam,.Currently he is neurosurgeon and earning 3 lakh per month.Now he does not consider me of his status and i am still waiting for jpsc mains exam date.is this equality?

2271

I am totally against the exploitation of sc &st community.Earlier general caste people have tortured them and deprived them of their human right.I hate these type of general caste people a lot but now situation has become totally opposite.we general community are being deprived of our basic human right.Draconian law like sc.and st act are misused a lot.Any law should be evolved with time ,it should be not static.its like rollet act ,no apeel,no dallel just imprisonment.

2272

Bro i have a solution every person should be prohibited from using surname and free marriage should be promoted out side of caste.There should be strict action on the demand of vote on the caste name.within 20 years there would surely be a change so that we all indian can concentrate on development issue.

2273

Bro i want to raise a simple question why there is no demand of 50 percent reservation in cabinet ,parlia ment and legislative assembly.why bjp and congress is not making sc and st person as primeminister .we general people are being devoid of our basic fundamental right.All politicians are playing third class game with us.Another option is that all seats should be reserved so that we have to not waste our precious life year in hope of govt job.May be some person will comment on me that who cheks you,go and get a pvt job.i am ready to accept all criticism.Atleast criticism is better than exploitation.

2274

jpsc......koi to isko samjhao


2275

 Dhongi Babas given MoS status in Madhya Pradesh. Comment.

2276

Ab ye kaise ho gaya re???

2277

Which is the best adventurous sport?

  • jpsc exam
  • scuba diving
  • river rafting
  • bungee jumping

0 voters

2278

Lg ra Raghubar apne tenure m 1 bhi JPSC exam nahi hone dega..yaha cabinet decision krta hai aur waha piche se jpsc ko bolta hai suggestion reject kr do... Ajib haalat hai..desh ka kya hoga agr sarkar hi chahti ho ki exam court case mein fans ke reh jaaye saalo tk..

2279

recently, the USA based university has created the first map of water trapped in the Moon's soil using chandrayan 1 data. What was Chandrayan? Discuss its findings.

2280

We want freedom from draconian law like sc &st act.No apeel no daleel just arrest.we should fight against these biased law.