The Party for Capitalist Economy stands for decentralizing. For the last few years, the trend has been to centralize everything- grant of subsidies directly to the consumers from the central government, admission of students to certain professional courses, deciding quantum of taxes to be collected by the state governments etc. Even the state governments are taking decisions on behalf of private institutes and individuals like fees to be charged by schools from students, cutting trees, age at which one should marry, age at which one should go for jobs etc. The Party for Capitalist Economy thinks that decision taking should be decentralized- Central and state governments should resist the temptation to have more powers and allow private individuals and institutions to decide. There appears to be a need for All India parties like BJP and Congress as well as other parties to debate on the pros and cons of centralizing power.
How does one assess whether the foreign policy of India in recent years is a success or failure? If we go by the number of Indian VVIPs’ visits abroad or foreign VVIP’s visits to India, India’s foreign policy is a success. But mere visits and signing of agreements do not necessarily mean success or failure. Success of foreign policy also cannot be concluded by the number of international organizations in which the country becomes a member or of which the country is a co-founder. Common approach to or identity of views on international issues also do not mean success of foreign policy. Extending assistance, grants and loans to other countries through various programmes or Eximbank etc also does not mean the foreign policy is a success. Successful foreign policy should lead to expansion of the country’s exports, industrial, technical and scientific cooperation between the countries,spreading of Indian culture, increased arrivals of foreign visitors, creation of interest in foreign countries in India’s history, culture. languages, way of life etc.
Foreign policy should also not be under the control of only the Ministry of External Affairs. The inputs from other Ministries of the union and from the states should also be solicited and considered carefully.