Before saying goodbye , 2018 delivered an shocker and changed the fate how policies will be decided and implemented in first half of 2019 .
From one sided affair , 2019 election now seems to be open for throwing surprises . 3 state win for Congress in 2018 made even the alias of BJP in NDA to question if they can deliver like 2014 on Modi wave alone ? So govt have started focusing back on getting votes from masses rather than from economist and management guru’s . Recent announcements clearly shows the ” BANIYA ” class who is traditional stronghold of BJP will be getting maximum soaps . Let’s analyse few of them :
- Change of FDI rules in E-commerce : Simply means biggies like Amazon , Flipkart, Paytm will not be able to offer over the board discounts from their money chest funded by foreign principals . Positive Impact , difference in prices of goods between offline and online will reduce making customer partially shifting to buy from their age old neighborhood Brick and mortar shop . Negative impact , FDI in eCommerce will slow down and investment firms will doubt if BJP is still pro-FDI or not .
- Reservation for EWS in Unreserved Category : So this 10% Reservation on basis of Income level rather than religion or caste has been well taken by IT cell of Ruling party as game changing stroke . First Glance , yes we all want growth of the poorer section of society and no one dares to oppose this resolution . But Inside , they raise definition of Weaker section upto 8 lakh / year which again covers major chunk of vote-bank i.e. middle class and end up diluting the real purpose of provide reservation . Positive Impact : Rather than caste , now income level will decide quote . Negative impact : Govt misses an major opportunity to bring in change by raising the income level criteria .
- GST exemption increased from 20 lakh/year to 40 lakh/year : Again Major chunk of small and middle business should get benefit as they falls in this revenue category . Positive impact : Compliance will be better and ease of doing business will increase . Negative Impact : Fiscal Deficit is all time High and its going to increase further with dip in tax collections expected . Bad for overall economy .
As an common man , we welcome all these decision but the questions are raised only on the TIMING . Are these decision taken as Political compulsion based on feedback of 3 state election result . ? If 2019 again elect Modi govt ( which has almost 99% probability ) will these reform continue or they will be back to support industrialist .
Supporting Industry or Bringing FDI or improving ease of business is never a bad idea . Point is what UPA has been doing in past to show soaps at end of term to turn in votes is now followed by NDA too ?
Hope and really hope this better be not the truth . Rest we can wait and watch as 2019 has more than ” 50 shades of grey ” to show On 🙂