Congress, BJP equally responsible for India’s pathetic economic condition: Baragur Ramachandrappa

Expressing concerns over the rapidly widening gap between the rich and poor in the country, Kannada writer Baragur Ramachandrappa held both Congress and the BJP equally responsible for the deteriorati

Expressing concerns over the rapidly widening gap between the rich and poor in the country, Kannada writer Baragur Ramachandrappa held both Congress and the BJP equally responsible for the deteriorating economic condition getting glaringly manifested in growing poverty, unemployment and hunger, apart from cultural degradation.

“It was Congress government at the Centre that had sowed the seed of global capitalist exploitation in the country by opening the floodgates in the name of globalisation and liberalisation in the early 1990s. The globalisation-liberalisation policies were meant for opening all sectors for global capitalist plunder. The process of selling the valuable Public Sector Units to corporate companies and privatisation of all possible sectors gathered a new pace. Service-oriented health and education sectors became new areas of business. The capitalists who opened educational institutions with huge investments to make profits became educationists. As a result, poverty and unemployment began rapidly growing. The divide between the rich and poor started getting widened. All the subsequent governments contributed to this economic deterioration. The implementation of these policies and deterioration of economy gathered new momentum in the last few years under the current government at the centre with the country witnessing the highest unemployment in the last 45 years,” Mr. Ramachandrappa said.

He was addressing a youth gathering after inaugurating the 5th State Conference of All India Democratic Youth Organisation in Kalaburagi on November 27.