and so, upa2 presented its final budget – a vote on account – yesterday. and i wrote this quick little story comparing the developmental efforts of upa1 and upa2.
In his speech today, Finance Minister P Chidambaram suggested UPA-II has done a good job on social welfare. As statements go, that assertion is not correct. UPA-II has passed fewer laws. Implementation of the principal Acts passed by UPA-I has weakened during UPA-II. Its gamechanger, direct benefits transfer, is yet to take off. Between them, as UPA-II prepares for elections, it has little to show on the social welfare front.