Commentary/ Mani Shankar Aiyar
The message is the same: Liberalisation for me, but, please, not yet for the
firangi.
The CII would like us to change our priorities from
government helping the poor to the rich helping themselves. Chidambaram
has signalled that he will do so. He is, therefore their mascot.
There is a fly in the ointment, though. When CII talks about market-friendly
policies, they mean policies friendly to themselves. They, therefore,
applaud policies that lower taxes but are apprehensive of policies
that lower tariffs.
Under the protection of a series of nasty socialist
governments, the CII/FICCI/ASSOCHAM ilk built the sinews of Indian
industry. Socialism, however, kept getting its cotton-pickin'
fingers at the hard-earned rewards of the sinews of industry. What
industry would, therefore, want is for the cotton-pickin' fingers
to be taken off but the protection to remain.
Lowering tariff
barriers and encouraging foreign investment means foreigners flogging
their filthy foreign goods in the Indian market, thereby ruining
the markets for Indian floggers. It also means
fat cats from abroad investing in units that compete with homegrown
equivalents and, worse, foreigners buying up what Indians, through
the sweat of their brows and the grease of their palms, have built
up over the years.
The problem is that competition, whether in
goods or investment, is between unequals; the foreigner has deeper
pockets; he can hold out till the Indian is ruined, then do what
he likes in a market that becomes his monopoly.
It is this grievance which the business lobby is
engaged in finding political spokesmen for. FICCI has found in
the Bharatiya Janata Party a keen ear for swadeshi. CII has found its ear
in those who accent their economics with a slight nasal twang.
ASSOCHAM is still finding its feet, let alone a willing ear.
Doesn't matter. For, whatever the accents of the argument, the message
is the same: liberalisation for me, but, please, not yet for the
firangi. Give us, they say, but sotto voce, a few years
more to catch up. Pressed for a ball-park figure, as CII would
say, for a number as to how many years is a few more, if no one
but you is listening, they suggest a 100 might be just
right.
I can't say I don't sympathise with them. It must
be terrible to find what you've worked for all your life up for
grabs when a foreigner, who has no virtue other than his
pockets are deeper than yours, passes through the gate marked
'Enter'. Ask Ramesh Chauhan. Ask Lalit Thapar. Ask DCM. Ask any
passing Godrej. Ask even any Tata-type.
Deeper pockets mean unfair
competition. True, the pockets of Thapar, Godrej, et al, are
deeper than 99.9 per cent Indians. That that small fact
puts 99.9 per cent of Indians at precisely the same disadvantage
vis-a-vis the Indian fat cat as the Indian fat cat faced with the firangi fat cat is another matter.
The Indian poor are organised in political parties. The Indian
fat cats are organised in the chamber of commerce. The dialogue and
dialect between them goes by the name of democracy. The Indian
rich, having the same voting rights as the Indian poor, have the
perfectly legitimate right to organise themselves to press their
political demands.
Only, they shy from calling these demands political.
Political demands, they aver, are what are scrawled in chalk on
walls. What they ask for is printed by laser-jet and spirally
bound. Their memoranda, therefore, constitute legitimate business
grievances, not vulgar political slogans. The fact remains, however,
that the grubby request for an
IRDP loan is addressed to the same political authority as is the
nudge between the ribs and the wink in the eye for a few billions from the Indian Bank.
The CII, FICCI and ASSOCHAM are just as political
as the trade union or the local SC/ST association.
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