He has been oozing confidence for the past few years but the ground realities are that India is very badly hit! Industrial growth has taken an alarming hit. Job cuts are looming very large in the horizon!

What a cruel irony! When the entire country except the political class,babus and Industrial magnates are groaning under the crushing burden of an economic crisis, we have celebrations already for Pranab Mukherjee's victory. Didn't Alexander the great once tell Selucus that it's indeed,the strangest land of the world!!!

He has been oozing confidence for the past few years but the ground realities are that India is very badly hit! Industrial growth has taken an alarming hit. Job cuts are looming very large in the horizon!

RBI has also taken a line that containing inflation is more important than increasing growth rate. So, RBI is not adopting cheap credit policy. No doubt, reduction in growth will adversely affect employment.

What a cruel irony! When the entire country except the political class,babus and Industrial magnates are groaning under the crushing burden of an economic crisis, we have celebrations already for Pranab Mukherjee's victory. Didn't Alexander the great once tell Selucus that it's indeed,the strangest land of the world!!!

Even in midst of crisis, we need to elect a President. This is normal constitutional requirement. However there is nothing to celebrate as such. But friends and well wishers of Pranab will definitely rejoice.

Crisis and celebrations go together. So many deaths take place and there is lot of disease and misery. Even then marriages are celebrated. Thus Pranab's victory will also be celebrated. Let us hope this celebration is not costly.