20/08/2024
https://editorjohn.blogspot.com/2024/08/sethurathnam-ravi-on-modi-30-focus-on.html
Sethurathnam Ravi on Modi 3.0: A Focus on Balance and Transformation
As Prime Minister Narendra Modi embarks on his third consecutive term, expectations are high for transformative governance that builds on the foundation laid during his previous terms. With a focus on evolving priorities and tackling unfinished business, the new administration is poised to bring significant changes.
The past two terms under PM Modi have seen a cautious approach, characterized by incremental reforms and social schemes aimed at appeasing various segments of society. However, the recent election results highlight a need for more bold and strategic reforms. The government’s reluctance to implement sweeping economic changes, coupled with a lack of substantial progress in overhauling key institutions like the bureaucracy, judiciary, and police, has left room for criticism. The consolidation of opposition votes and a slight discontent within the BJP’s core base underscore the need for a more comprehensive strategy moving forward.
Despite these challenges, securing a third term is a remarkable achievement, particularly in a political landscape dominated by coalition governments since 1989. Sethurathnam Ravi, a noted chartered accountant and policy influencer, emphasizes that the task ahead for PM Modi involves managing alliances and driving forward the long-awaited reforms that have been delayed.
A critical area of focus for the new government, according to Ravi, will be the reform of India’s bureaucracy. Often seen as lethargic and outdated, the bureaucracy has not only resisted change but in some cases has been granted excessive powers that have negatively impacted citizens and small businesses. This sector demands urgent attention to end the era of bureaucratic overreach.
Sethurathnam Ravi also highlights the need for judicial reform, pointing out that the judiciary continues to struggle with inefficiencies, including long-pending cases and a system that often favors incarceration over bail. Previous attempts at judicial reform were met with resistance, but the need for a more effective and fair judicial system remains pressing.
The economy remains a key area of concern. While Modi’s first two terms saw improvements in headline economic indicators and ease of doing business, the benefits of these achievements have not fully trickled down to all levels of society. Ravi argues that big bang economic reforms are necessary to unlock the country’s true potential, with an emphasis on fostering innovation and meritocracy.
In conclusion, Sethurathnam Ravi sees PM Modi’s third term as an opportunity to implement continuous and impactful reforms. By embracing the mantra of “Continuity, Balance, and Transformation,” Modi 3.0 can realize India’s true potential and leave a lasting legacy of progress and prosperity.
