Monday, December 3, 2007

Regional Impact

For a last almost 2 decades, India is experiencing a new face of governance in the form of a coalition ruling. Several parties, from different states, setups and agendas share the power under common minimum program. Main stream parties are under stress of loosing the national identity in the wake of increasing regional forces. What would be its economics impact in future?
Regional parties share limited goal, exposure and specific agenda, which is primarily an development of the local area, where it has its strong hold. By getting their strength in line with the centre, they can really push their agendas hard in a much efficient way.
At the same time, it might have some ignorant or even hostile attitudes towards some other areas depending on the coalition structure and local parties there. On a bigger picture, national interests can be sidelined at times, and local issues can get more limelight.
On one side, it is good to have states flourishing, on the other hand, nationals issues are facing grave resistance and its has its impact on integrity.
The way to work out this issue in a more subtle way is to empower states with more freedom as well as the responsibility and make them work almost autonomous under the laws of economics. Surely for a while, it will create disturbance at the centre, and would delay growth of the nation as a whole for the time being, but it would prove very efficient and necessary step in the long run, to give an opportunity to the local parties to grow mature. Once they realise that by just maintaining healthy status at the state level is not enough, they will emerge even stronger and efficient at centre, eventually helping the whole nation to grow as one.
Surely, it would need a powerful, visionary and a strong leadership, but it is a need of the time.

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