Freebies and Financial Mess – The Cost of Populism
With the BJP Government coming to power, there was hope that they would be more fiscally responsible, and they may be after six months in power. But as of today, they too seem to be eager to continuing down a similar path of unsustainable populism. The various freebies announced by the BJP party pre-poll and their post-poll execution will significantly strain the state exchequer.
For the BJP government to succeed where CPIM and TMC have failed, it must take hard decisions and channelize these unproductive capital into productive avenues. The people of West Bengal do not want freebies, they would rather the government invested in infrastructure, skill development, developing industries, provisioning better schools, colleges and university level education, and sustainable rural and urban growth that would generate genuine jobs and revenue.
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