When the country's next-deserving Prime Minister no longer aspires the job but instead goes for the post of President - it should tell you something about the risk-averseness setting in - even for politicians. An office of power (PM) is less attractive than an office of ornamental power (President), it seems.
An office like Presidency gets you the top perks (a plush residence built by Edward Lutyens and two terrific residences in Secunderabad and Shimla plus a salary of Rs.1.50 lacs p.m that hardly gets spent plus an upkeep cost within a budgeted Rs.22.5 crs.p.a. plus overseas junkets which was highest during the current president's rule) and is the best retirement plan for any politician. Pranab Mukherjee may have had it in him to seek active politics but this move hints that nobody is interested in becoming a PM anymore - it involves too many risks of decision-making, scams, reputational damages and thankless jobs and finally, you are not even in the driving seat. What the hell! Might as well enjoy getting chauffer-driven official state car of custom-built heavily armoured Mercedes Benz S600 (W221) Pullman Guard.
But this is a good sign - it means politicians are getting risk-averse and the bottom of the establishment cycle with multiple headwinds blowing in the corridors of business, society, economy, legislature, media and judiciary is somewhere visible. I am an optimist at heart, and feel this phase will pass soon - we will emerge stronger. Too much pessimism is also unsustainable.
An office like Presidency gets you the top perks (a plush residence built by Edward Lutyens and two terrific residences in Secunderabad and Shimla plus a salary of Rs.1.50 lacs p.m that hardly gets spent plus an upkeep cost within a budgeted Rs.22.5 crs.p.a. plus overseas junkets which was highest during the current president's rule) and is the best retirement plan for any politician. Pranab Mukherjee may have had it in him to seek active politics but this move hints that nobody is interested in becoming a PM anymore - it involves too many risks of decision-making, scams, reputational damages and thankless jobs and finally, you are not even in the driving seat. What the hell! Might as well enjoy getting chauffer-driven official state car of custom-built heavily armoured Mercedes Benz S600 (W221) Pullman Guard.
But this is a good sign - it means politicians are getting risk-averse and the bottom of the establishment cycle with multiple headwinds blowing in the corridors of business, society, economy, legislature, media and judiciary is somewhere visible. I am an optimist at heart, and feel this phase will pass soon - we will emerge stronger. Too much pessimism is also unsustainable.
