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Advani for swadeshi-style reforms that benefit all

business Updated: Feb 12, 2009 21:05 IST
Shekhar Iyer
Shekhar Iyer
Hindustan Times
Advani for swadeshi-style reforms that benefit all

With two months left for the general elections, BJP’s Prime Minister candidate LK Advani outlined before corporate honchos on Thursday what to expect of his government if the NDA was voted to power.

He said, simply put, it would be just “governance and better governance” and a swadeshi-style “structural reforms” that would benefit all and with checks and balances.

He said, “The three pillars of the agenda that we are working on in the NDA are good governance, development and security. We will replace the pervasive mood of despair in 100 days with a strong sense of optimism. For this, we shall do so by doing what a government ought to do: govern and govern well.”

Advani said the bubble of sensex-generated prosperity has burst. Today the entire world is groping for answers to the multi-dimensional crises facing humanity. “Each and every sector of the economy has been badly affected by the crisis — construction, automobiles, capital goods, textiles, gems and jewellery, tourism and, of course, IT and IT-enabled services. Confidence has plummeted.”

He said both the corporate sector and the common man were equally worried about the uncertain future. “I have never seen this kind of despair in all sectors in my entire political life. Not all of it is due to the global slowdown.”

He said swadeshi means that national priorities must override policies that have benefited only a minority and largely excluded the majority in the nation’s progress. “In other words, the centre of gravity of our national economy must shift from “India” to “Bharat” — to agriculture, revitalisation of our villages, small and medium enterprises, and unorganised and informal sector of the economy.”

Criticising the UPA for the woes, Advani said the Satyam scandal was not simply a corporate scandal. “It is also a governmental scandal, since it is impossible for such a huge fraud, involving allotment of lucrative land and plum infrastructure contracts, without the involvement of those in power in Andhra Pradesh.”