Even though we have demonstrated adequately that we are incapable of a meaning full and a civilised debate on any of the issue be it be the parliament, the television studios or a public forum, we need to decide whether the size of the government needs to shrink. Despite the administrative reforms, the automatic clearances and the availability of the technology, an elephant size government, whose maintenance cost shoots up with the every pay commission report, has become a liability now. Politicians need a large government in order to accommodate the every possible loyalist. They have no incentive to shed the administrative fact. The United State republic party has also believed in having the minimum type of the government and consequently lower the levied taxes and this is the fact in which Mr Narendra Modi believed in at some point of the time. The Democratic Party though always follows the similar policies of the economy. Also takes the motherly type of the care of the working class and also of the immigrants. In the India, the political parties have not at all any type of the ideological commitments in order to have a small or the large form of the government. This stretched there government to the maximum permissible limits, after this the soviet melt down and the retreat of the socialism, after this the western model of the small government is generally preferred as it is having a large no of the advantages over having the larger form of the government, which in today’s scenario of the world is very less competitive. The Punjabi minister from the country of the Canada travelled to the Punjab in the India like the ordinary citizens, wondering at the spread of the ministerial paraphernalia, they are appalled by the level of the bad and in fact the worse type of the governance that has been dominating the nation of the India. In the India, we waste the resources on the in essentials as we expect the government of the India to do the every thing and also in turn take the blame that appears to be not working. As a democratic nation we are less watch full in the regard of how are tax money is spread. As the government always interferes in each and every of the fields because of many of the reasons, which can be to influence ant type of the decision to get the charm towards own or any of the known individual, including the agriculture and the business, it is very natural for the farmers and the various types of the business men to demand for the incentives and also the loan waivers as a matter of the right if the things are seen to be going in the wrong direction. And all these demands especially the waiver of the loans is a very serious affect as it really affects the economy and the banks if the step is practically brought on the table as the same has been done by the central government in the state of the Uttar Pradesh just in order to please the farmers and getting the votes and then to make there government but as a result of this the economy of the nation as a whole is hit on a big way.

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In the today’s scenario, where there is competition in each and every type of the field, it becomes very necessary that one gets the best deal by any means. The parents in the nation of the India, usually leave no stone unturned when it comes to the education of their child and as every parent is concerned, they try there best according to there pocket to do and provide the best to their children. If the facts are to be believed, India is ranking the second, just behind the republic of the china, when it comes to sending there children for higher studies abroad. But doing this is not that easy as one needs proper funds and proper types of the channels to proceed further. The over seas education also comes with a large no of the challenges, unique its own, the biggest of the challenges being offered, being doing the out ward remittances or in other words simply sending the money abroad. The fact is that the education in the foreign countries is very expensive and as a result of this, the parents are required to make this very important and the critical decision knowing that the whole process of sending there child abroad, could cost them more than any thing they have ever spend in there whole lives. But even then, it has been observed in India that there has been a great rise in the no of the cases where parents have been making this decision to send there children abroad. An under graduate degree in a good American university easily goes up to $ 50000 per year i.e. about Rs 33.5 lakh per year according to the Indian currency.

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As per the predictions, in the days to be followed, the czars of the telecom sector, ranging from the Sunil mittal to the rattan tata, are bound to be found to be cruising to the raisina hill just in order to seek the indulgence of the prime minister of the India, Mr Narendra Modi. As each of their companies, virtually the who’s who of the communication world is burdened under an enormous type of the debt. They were all found to be the willing victims of the zeal of the government of the modi just in order to wring the maximum money from the auctions of the telecom spectrum. At this time, it was observed that the companies were in a do or the die situation. They would have had to stop their mobile operations had they not participated in the auctions in order to renew the spectrum. But this was not the case if scenario that was existing few years back, is considered. A few years ago, our polity was sent in to a tails pin and this was because one CAG used to argue vehemently that the nation was being cheated of the grand sums of the revenue because of the natural resources were not being auctioned. Absence of the auction clearly meant scam. That got the cast in the stone. Naturally, the new government found it self forced to opt for the auction. Neither the exchequer nor the economy appears to have gained out of the auctions of the spectrum and the various mines of the coal. The new government was taking office with a land slide victory that had been abetted by the then comptroller and the auditor general (CAG) vinod rai’s staggering indictment of the UPA government in allocating the mines of the coal and the spectrum. Television scrolls and the head lines of the news papers screamed of the UPA government being culpable for a loss of Rs 1.86 lakh crore. For affect the no of the zeroes in the presumptive loss, nine in all, were splashed in the bold print across the front pages of the crusading newspapers of that time. The BJP cottoned on to the observations that were made and then twisted them slightly and then made them in to a campaign issue. India Inc happily went along on the presumption that they were going to reap a wind fall any way from the modi government in the form of the stepped up expenditure and an easier business climate and this includes the relaxed land allotment norms. But except for the single minded, which means that when distributing access to the natural resources, public good should be enhanced to the maximum. Public good with the help of the vinod rai’s crusading zeal, now stood only for the maximising government revenues through the various types of the auctions. It flew against the supreme courts observations that perhaps an auction was the best method of ensuring the fair allocation of the natural resources and the protection of the public interests. If the blow to the knees was not enough, the CAG matched his sensationalist loss figures in the mining of the coal. This time it was the notional loss in the auctions of the 2G. Being given on a first come first serve basis, the then minister of the communications blundered badly by the fore closing the process, thus unfairly keeping out the companies that may have wanted to apply just before the closing as per scheduled. What are these analogies to do with the woes of the telecom companies? And they may shortly be followed by the companies of the coal mines.

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The stand off in the case of the nation of the India has been very common since the independence of the India and specially at the borders India has always been facing a stand off with the neighboring countries as it has been very hard and also very difficult to unravel the economies of the inter linked India and the republic of the china. It has been observed very commonly in the past during the study of the relation ships of any of the country of the world with any other country of the world, that the economic ties have very less role to play with the public image or the slogans and the much more with the hard headed self interest of both of the countries and this is also very true in the case between the India and the republic of the china. Tensions between the two giants of the Asian region have always sent ripples all over the world and this is continuing even up till now. The stand off between the India and the republic of the china at the border of the Bhutan has always been accompanied by the frenzied global diplomatic campaign by both of the countries in order to mainly project their respective points of the views. India’s hard line on the issue of the protection of the smaller neighbor has apparently taken the Chinese by the surprise and the shock and hence the aggressive public posturing. The question is will this long drawn border spat between the two countries of the India and the republic of the china affect the very diverse economic relation ships as both the countries have become very deep and also long standing over the past two decades? But before going in to the reply of this question, it very necessary to under stand and then recognise the fact that the scenario here in this case of the nations of the India and the republic of the china is very and vastly different from the point of the time of the last major India china border conflict in the year of the 1962. At that time, the relation ships between the India and the china were very much more at a political level with the Hindi Chini bhai bhai slogans being exchanged in the back drop of the panchsheel agreement. Economic ties are immeasurably vaster in the year of the 2017. Also they have less to do with the public image or the slogans and also much more with the hard headed self interest of both of the countries. First is that one must take a deep look at the bilateral trade as the two way trade between the two countries amounted to 25 billion dollars in the year of the 2006-2007 and a decade later has even crossed the 71 billion dollars. Imports from the China rose from $ 17.48 billion in the year of the 2006-2007 to the mark of the $ 61.29 billion in the year of the 2016-2017. The exports to the china were pegged at the 10.8 billion dollars in the year of the 2016-2017 as against the 9 billion dollars a decade ago. These had risen to a peak of the $ 18 billion in the year of the 2011-2012 but then dipped again in the recent years and hence all this left a huge deficit of 51.09 billion dollars in the trade of the India with the republic of the china.

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In the present scenario that has been created in the era of the Mdi government, the leader ship has lost the grip and its footing on the economy. If despite a very good monsoon, the subdued oil prices and the low inflation, the growth is slowing down as the economic survey indicates; it means that some thing is going on seriously wrong. The situation on the ground is often worse than what is officially acknowledged. The finance ministers and the various types of the functionaries of the government tend to exaggerate the various achievements and the down play under performance. They seldom admit to the failures. There is no culture of the open debate in the India. The honest stalk taking and the admission of the mistakes are avoided and this in turn helps in the prevention of the of the course of the action or in some of the cases delay the course of the action. The Demonetisation was a very bad idea and was ill timed, introduced with out the preparation and had serious consequences for the farmers and the poor. The survey admits to the job losses in the unorganised sector by the indirectly stating that the post demonetisation, there was a 30 percent increase in the demand for the work under the MGNAREGA. The demonetisation has hastened the decline of the economy.

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