Shantanu Basu with another in his series of economic and financial analyses...
"That the media, lock, stock and barrel, has been silenced by Modi Sarkar is evident from the blackout on the ongoing Railway employees stir. Gone are the days when employees protested privatization. Of late, they have realized that even their existing jobs may be axed, en masse. GOI's financial bankruptcy is unprecedented, even by 1991 standards.
At the rate at which public finances are heading into disaster zone, Modi may well have to fire at least 50% of his Council of Ministers aside from retrenching at least 40% of serving GOI employees and cut back severely on govt. expenses including the Central Vista project and luxuries that his babus and mantris enjoy at public expens… Read more