How the RSS has been influencing the government’s economic policies and what it expects from the coming Budget.
Every year, starting late January and continuing until the Budget is presented on the last day of February, a host of delegations representing all kinds of industry sectors, interests and ideologies make their way to the finance minister’s imposing North Block office. They all have myriad suggestions that they hope the minister will include in his Budget proposals. This year’s procession has begun as well. But this time it includes two delegations whose suggestions will be taken much more seriously than most others. On January 28, a five-member team of the Swadeshi Jagran Manch (SJM), the economic wing of the RSS, met Minister of State of Finance, Jayant Sinha. A few days earlier, a delegation of senior leaders of the RSS itself had conferred with Finance Minister Arun Jaitley.
Alongside its commitment to Hindutva and cultural nationalism, the RSS also has very definite ideas on the direction the Indian economy should take, and has been forcefully conveying these to the government from the time the NDA came to power in May 2014. Often the government has listened. Sources maintain, for instance, that the decision last August to withdraw six controversial amendments to the land acquisition bill and leave it to individual states to make changes if any was taken at the behest of the RSS. “We explained to the government that the bill was not good for it politically,” says an RSS leader, who does not want to be identified. “Even if the government managed to push it through with the earlier amendments by calling a joint session of Parliament, the states would have to ratify it and that would take another two years.”
This story is from the February 28, 2016 edition of Business Today.
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 February 28, 2016 edition of Business Today.
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
Look Before You Leap
In 2025, Investors Will Need To Factor In Volatility Across Asset Classes
"Focus on the challenge of each customer"
SHASHANK KUMAR MD & CO-FOUNDER I RAZORPAY Razorpay is India's first full-stack financial solutions company
PEDAL ON THE FUTURE
THE MG WINDSOR EV, WITH ITS FUTURISTIC AND MINIMALIST DESIGN, COMBINES THE BEST OF BOTH WORLDS-COMFORT AND TECHNOLOGY
BREATHE EASY
Whether you're battling allergies, looking to remove pollutants, or simply want to breathe easier, the right air purifier can make a difference
The Taste of India in a Glass
FROM ROYAL LIQUEURS TO DISTILLED MAHUA, INDIAN HERITAGE ALCOHOLIC BEVERAGES ARE HAVING THEIR DAY IN THE SUN
MISSING ADVISORS
INDIA HAS JUST ONE INVESTMENT ADVISOR FOR NEARLY EVERY 200,000 INVESTORS. AT A TIME WHEN RETAIL PARTICIPATION IN THE STOCK MARKETS IS BOOMING, THIS ASSUMES SIGNIFICANCE
TURNING A CORNER
SHARED ELECTRIC MOBILITY START-UP YULU'S SHIFT TO SERVICING THE QUICK COMMERCE SECTOR IS HELPING IT GROW FAST. IT IS NOW FOCUSSING ON IMPROVING ROAD SAFETY FEATURES AS IT TURNS EBITDA POSITIVE
REALITY CHECK
INDIAN STOCK MARKETS PLUNGED BEGINNING OCTOBER FOR A HOST OF REASONS, INCLUDING A FALL IN FII OWNERSHIP. HOW DEEP WILL THE CORRECTION BE?
TRUMP'S TRADE TANGO
The return of Donald Trump as the 47th President of the US has put the global economy on edge. India, too, is unlikely to remain unaffected. How will policymakers meet this latest challenge?
"The essence of the Trump administration will be transactional”
Global investor, analyst, and best-selling author Ruchir Sharma decodes why Donald Trump won the elections, what India should do, the risks, and more