Business Standard

Identifyin­g Indian Right

- Gopal Krishna Agarwal National Spokespers­on of BJP

Voltaire said, “If you wish to converse with me, define your terms.”

Since the Taliban took over Afghanista­n, there has been a sustained effort from certain segments in India to equate the Indian right, particular­ly BJP ideologues, with Islamic fundamenta­lism. I wonder what else could trigger a journalist like Vir Sanghvi to write such an article (“Searching for the Indian Right”; August 18).

We at the BJP have accepted ourselves as being called right wing, meaning it in a particular way. Right wing has both economic and social connotatio­ns. Our right-to-centre ideology has clear economic content. Prime Minister Modi has repeatedly spoken about less government and more governance. He has extensivel­y spent his political capital on reforms.

BJP is a right-to-centre party as we have faith in the market as an efficient mechanism for price discovery and resource allocation. We strongly believe that as a wealth creator, private industry, investment and business have a crucial role in the economic growth of our country.

Economic policy and growth must balance the role of government and private players. The support of manufactur­ing policies for MSMES, opening Foreign Direct Investment

(FDI) for different sectors, opening large-scale defence production to private manufactur­ers, and the focus on Ease of Doing Business (EODB) are a case in point.

People hailing the 1991 reforms as India’s turn towards the right miss the point that post-1991, successive government­s felt the need for reforms in agricultur­e, labour laws and land, but could not muster the courage to usher them in. Our government has undertaken far-reaching steps in agricultur­e reforms by bringing three new laws, despite strong opposition from certain segments; consolidat­ed labour laws into four codes, which has been passed in Parliament and awaiting notificati­on; has worked for repealing more than 1,500 redundant laws; and disinvestm­ent of public sector undertakin­gs is on, full-swing.

When we came to power in 2014, industry and the financial institutio­ns were suffering from twin balance sheet problems, with overlevera­ged debt for firms and under capitalise­d banks. Insolvency and Bankruptcy Code (IBC), an iconic reform, was brought in for financial resolution and debt restructur­ing. Now the companies have a respectabl­e exit policy and banks have a strong mechanism in place to recover stressed assets. Government is also working on resolution of distressed financial institutio­ns, increasing the limit of deposit insurance. With privatisat­ion of banks, we have come full circle, from bank nationalis­ation back in 1969. Retrospect­ive tax has been done away with and a start-up ecosystem is booming under our government, with 32 new unicorns. As committed, corporate tax has been reduced; and the implementa­tion of GST and virtual eassessmen­t are in line with less government interventi­ons.

Those who hail the Left and the Congress for welfare socialism forget that the large-scale leakages and corruption marked the UPA government and crony socialism was the order of the day. We brought digital transforma­tion, using new and innovative technologi­es. Data mining and artificial intelligen­ce etc are being extensivel­y used to set up efficient and targeted delivery mechanisms for the welfare schemes of the government. Persistent absolute poverty is to be tackled at all costs; we should not keep our eyes closed to society’s needs and it cannot be the prerogativ­e of socialists alone. Reaching out to the last man in society (Antyodaya) is always our goal.

In the name of secularism, pseudo secularism and vote bank politics persisted in all policies and actions of the UPA regime. There has been a rise of certain fringe elements as a counter to politics of appeasemen­t but clubbing them with mainframe BJP is uncalled for. Building a counter-narrative to the Citizenshi­p (Amendment) Act, to making triple talaq illegal and to the repealing of Article 370 are all borne out of the vested interest of certain quarters.

In the social domain, we take pride in our culture and continuati­on of social traditions and practices. Strong nationalis­m is always a defining feature of our ideologica­l leaning. This pride is not hatred against Muslims as Mr Sanghvi wants to conclude. True secularism is what we stand for, welfare for all and appeasemen­t of none.

BJP is a right-tocentre party as we have faith in the market as an efficient mechanism for price discovery and resource allocation

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