Economics, governance and inflation are so much interlinked that any slackness in economics or governance will not allow inflation to come down to acceptable limits till such time the benefits of NREGA and increase of per capita income through increase in GDP are nullified by the increase in unemployment and dwindling growth rates of GDP. Similarly, Fiscal deficit and current account deficit do temporarily come down with decrease in international commodity prices of gold, crude etc and will go up as the commodity prices rise again. Unless and until the oil economics is viewed and managed in totality, oil economics will be the eternal bane of Indian economy and India's growth story. On the gold front also, Indian rulers are conveniently and merrily forgetting the basic fact that it is the most convenient method of absorbing black money. Increasing import duty can be a short term deterrent for some but in the long run the demand for yellow metal will not reduce and it will give incentive to more black money generation through smuggling route.
- Giving it as a dole for the empty stomach, a liability of human body and not barter it against the output of two working hands which are the biggest asset of every human being. Why can't the polity ensure a monthly income of Rs 7000 for a household of five persons ( 35 days wages split between 2 adults ) or Rs 47 per day per head through a payment against work. The expenditure can be met by clubbing together money spent on all the doles, freebies and the allied wastage, pilferage and administrative costs. Imagine the miracle of additional 300 (working days) X 100 million (working hands) available man days in a year, a figure even all the European nations combined together cannot dream of.
- Not adopting a methodology that would be most cost effective and least contributor to mismanagement and corrupt practices that have been the bane of majority of government programs and actions.