Is the Recession really dying down?

Every day I read in newspaper about the latest status of recession as if its a hurricane whose future motives can be predicted. But, I am not here to put my views on the current financial situation.

While India is facing drought like situation with most of the states having around 30% deficit in rainfall this year & still unsure of the status of recession, we should not expect our MPs and MoS to stay at 5 star hotels since the formation of the government more than 100 days back. Neither can we expect the pilots of Air India (eying for a 15,000 crore bailout) to take their nap in another 5 star hotel. Seems the people concerned have taken the reports of recession dying down seriously.


Minister of External Affairs Mr. SM Krishna had been staying at ITC Maurya and Minister of State Mr. Tharoor at The Taj till the Finance Minister Mr. Mukherjee asked them to move to a government accommodation. As expected both the ministers excused that owing to the renovation being done at their official residences they had to stay in hotel suite.

They also said that the bills for their stay are being borne by them personally and not by the tax payer’s money. Well, how do we, the tax payers will ever be able to know about that? And, I don’t think the renovation being done at their official residence is also being borne by them personally. A renovation had been done at Somnath Chatterjee’s residence as well- An elevator in a two floor residence (unconfirmed sources). An RTI application will be of no use as the expected reply would be “details can’t be disclosed as laid down under Section XXX of the RTI Act” as was replied to an RTI applicant who demanded Lal Bahadur Shastri’s death related documents to be made public.

Meanwhile, coming back to the point, I don’t think Ministers like Tharoor and Krishna do understand the importance of money as much as I and you do. Tharoor, who has spent most of his life not staying in India, can he really sustain in the Indian politics for long? (Tharoor was born in London and had been staying outside India since his post graduation till he was offered ticket by Congress). He was recently found twittering in his office (seems he is out of work within a month), which you would complain to as the same is banned at your work place.

Someone is “investing” the money in statues in UP, another is opting for “No. 1 Haryana” ads in electronic media ahead of assembly elections. Guys, when would they realise that we can’t believe everything written in newspapers. We are still in recession. Go ahead with your irrelevant expenditure once the MBA institutes again mention “100% Placement” in their prospectus.

Lastly, if any of you want to criticise or appreciate my posts or blog as a whole, please make full use of comments section underneath. I will take everything in a positive manner. As I end this post I overhear news on a news channel titled “India best place for jobs”. Don’t know how do they come to those conclusions?