Jun 26, 2010

A wonderful victory for Neo-liberalism in Karnataka!

There have been two wonderful victories for Neo-Liberalism in Karnataka recently. Yeddyurappa should be dancing-proud!

The first victory was clinched during the Global Investors Meet. A meet where the Yeddyurappa government managed to sign an MoU pegged at 36,000 Crores with Brahmani Steels. Why is this a Neo-Liberal victory? Well, Brahmani steels is owned by the Bellary Brothers a.k.a Reddy Brothers, who also, among other things, populate Yeddyurappa’s cabinet with humongous oversight on the revenue portfolio. If you were to ask us to define Neo-Liberalism, we would say, Neo-liberalism is at it’s best when you are both the “public” and the “private” in Public-Private Partnerships.

vicneolibIn the resignation of the Lok Ayuktha of Karnataka, Yedurappa managed his second victory. The Lok Ayuktha was a thorn in the flesh of the Karnataka’s neo-liberal torch bearer’s the Reddy Brothers. That Ayuktha chappy had put together an entire case file on how these guys were moving a wee bit of Iron ore here and there under the larger public good to protect the ore from the monsoon. Isn't a flourishing mining business in National Interes and by extension the incumbent State's interest?

The fight against the rabid socialist types has not been easy. For example, just last year when the State received a small bout of rain in Bellary, the government wanted to put a cess on mining trucks to provide for 'relief'. But the revenue minister Mr. Reddy made sure that the cess never happened and protected not only his trucks but every other mining truck in Karnataka from paying for such social evils like flood rehabilitation. A year on, we all know how the people who got stuck in the down-pour manage their sodden lives.

Long live the spirit of Neo-liberalism in Karnataka. Onion uttapams on the house!