Modi's adventurism

Adventurism is a pejorative term referring to politics or activism that involves reckless and  irresponsible behavior or conduct pursued only in the interest of excitement. Adventurism is defined as an attitude or way of behaving that involves attempting to gain an advantage by doing things that are regarded as foolish or risky. Adventurism is often used as a criticism against some government's policies. Countries pursuing foreign wars of dubious merit or which have little chance of success have often been accused of adventurism by opponents.

• By general consensus, the government was widely seen to have faltered on four major counts. It is accused of failing to tackle the over-hang of demonetization, poor implementation of GST, containing prices and inability to create new jobs. Positive endorsements from the IMF, World Bank, investment bankers and a few contrarian economists were contemptuously dismissed.
• Notwithstanding Rahul Gandhi's assertion that he can fix the problems in six months, macro-economic interventions will take more than a couple of quarters to yield results.
• It has been argued with some merit that many pain points in demonetisation and GST rollout could have been mitigated if the bureaucracy and tax-administration were better prepared and proactive.
• Demonetisation is considered to be the biggest villain. There is no denying that demonetisation had worst affected deep rural, where the banking network is least developed. In the cities, small-towns and "urban" areas, the situation largely settled at a new normal in about eight to twelve weeks.
• There is no disagreement among experts that GST was the mega tax reform that was long overdue. Considering the gargantuan scale of the exercise, it would have been naïve to expect a totally seamless transition. The Opposition had smelt an opportunity for muddying the waters and waylaying the government on GST. They were hoping the turmoil would carry through into the next fiscal year damaging BJP's prospects in 2019.
• Inflation is the only area where Modi government's performance has been the best. This is also largely due to low oil prices for over three years resulting in narrowing of the twin deficits. No magic wand with Modi, it just happened. Nevertheless, credit goes to Modi & Jaitley.
• Very high petrol & diesel prices despite lower crude oil prices and thus depriving consumers the benefit of dynamic pricing is a false step that will become a poll plank against Modi. 
• Without any doubt, job creation remains the most serious of the four weak spots in Modi's portfolio. But there are no quick fixes for it. The Congress and the UPA bought time on it with doles like MNREGA.
• Long-term job creation will come only through the next wave of reforms - especially on the fronts of labour legislation and land acquisition laws. But the government does not have either the time or political capital left for further economic adventures so late into its term. So, jobs will have to wait till 2019 for a real take-off.
• What the government cannot afford anymore are governance boo-boos and fiscal adventurism. 

NDA government's policies and actions are nothing but a divisive, destructive and disruptive propaganda. The country is in the grip of communal politics and there is no contradiction between communalism and development. BJP attempts communalism by uniting the largest group and compelling minorities to join the mainstream as politically junior partners but forgets that we are a nation of diverse cultures, sects and religions and can only stay united with a secular thread of humanity and protection of minorities.  BJP failed in fulfilling most promises made in its election manifesto especially remunerative prices for farm produce. People are disillusioned with their false promises as seen by the recent by-election results held in different parts of the country. General elections are just eight months away and BJP is on perfect slippery slope, due to its own arrogant, audacious and ill conceived adventurous actions.