In a pointed critique of the Narendra Modi-led government, former Union Minister P. Chidambaram has identified three critical weaknesses: institutional capture, misuse of investigating agencies, and biased infrastructural development. Despite his criticisms, the veteran Congress leader acknowledged the NDA government’s efforts in enhancing the national highways network.
Speaking at the India Today Mumbai Conclave, Chidambaram dissected the government’s claims regarding India’s shift towards a cashless society. While he conceded that digital transactions have seen an uptick, he emphasized, “Even Germany and Europe are not a cashless society. On demonetisation day, cash in circulation was Rs 16-17 lakh crore. Today, cash in circulation is 34 lakh crore. People want cash. Cash cannot be wished away.” His comments refer to the significant cash circulation increase following the controversial demonetization initiative announced on November 8, 2016, aimed at curbing black money.
Chidambaram further accused the Modi administration of “institutional capture and neglect,” citing that environmental committees are functioning with 60-70% vacancies, a sign of inadequate governance. He highlighted the disparity in infrastructural benefits, asserting that the poorest segments of society are not reaping the rewards of development efforts.
“The unreserved compartments in sleeper class are being drastically cut to roll out Vande Bharat trains. Train fares have also been hiked by 30-40%. You build your highways where you can drive your Mercedes, but also build roads to villages,” he remarked, criticizing the skewed focus on urban development at the expense of rural infrastructure.
Chidambaram’s remarks reflect a growing concern among opposition leaders regarding the Modi government’s policies, particularly as the nation gears up for the upcoming elections. His insights at the conclave resonate with many who feel that while infrastructural progress is essential, it should not come at the cost of inclusivity and support for the underprivileged.
As debates on governance and economic policy intensify, Chidambaram’s critique serves as a reminder of the challenges facing the Modi government and the need for a balanced approach to national development.