ISSN (Print) - 0012-9976 | ISSN (Online) - 2349-8846

A+| A| A-

Calcutta Diary

Who are the people who will forgather to frustrate the alleged conspiracy of the intransigent Luddites, bent on blocking the telecommunications revolution in the country? One has to define 'people' in a very special manner so as to satisfy the revolutionary claims of the anti-Luddites.

In all epochs, the cliche patronised by the ruling classes is the dominating cliche in society as a whole, towering over the rest. Tariff reforms, a euphemism for raising prices across-the-board, is currently the dominating cliche around here. Ruling classes love the thought that inspires the cliche. To raise prices is in effect to add to the profit margin, or the rentier income, of producers, businessmen and land owners. A subsidiary argument for tariff reforms has by now also emerged as a major rationale for pushing up prices: such a measure is expected to boost the prospect of what is described as direct foreign investment.

We should remind ourselves that tariff reforms are an integral part of the economic reforms introduced in 1991: come June, it will be anniversary time, marking the completion of the decade of ‘reforms’. Never mind if the prime minister who had set the reforms ball rolling has meanwhile been convicted for proven acts of corruption. Accidents of this nature should not deter pioneers of the Mayflower vintage; the voyage across hitherto uncharted high seas in quest of lush new lands which spell bliss and prosperity must continue unhampered, stormy weather or no stormy weather.

Dear Reader,

To continue reading, become a subscriber.

Explore our attractive subscription offers.

Click here

Back to Top