UPA can be credited for Nuclear Deal but thats about it.
Let us understand the failures of UPA on various fronts
1. Loan waiver scheme- It is yet to reach out to needy people and the proof is increasing number of farmers suicide in Maharshtra and Andhra pradesh. The reason the banks even state owned banks are not in a position to take such a huge hit in their balance sheets in trying times like this
2. Opening of the Insurance and Banking sector - One can always argue that had these sectors been opened then these institutions would have gone bust, but the fact of the matter is that these sectors are governed with such strict investment and fund management norms that no matter what these institutes would not have gone bust. Proof is that have the Mutual Fund industry telecom sector gone bust which have higher level of Foreign Equity.
3. NREGA scheme- To provide employment to poor and needy for 100 days in a year at minimum wage Rs 100 per day, This scheme has done well in states like Gujurat, MP, Karnataka but not in AP where it was flagged off with much fan fare, the reason is simple that money is not reaching the needy who work it is siphoned off midway as per report of CAG
4. Terrorism- Daring attacks on Mumbai and spate of Bomb blasts in Ahmedabad, Hyderabad, Delhi, Jaipur, Banglore now if we belive that because of diplomatic efforts Pakistan has accepted its complicity in Mumbai terror attacks then please read that Pakistan has also accused India's RAW being involved in Lahore Terror attack. Even if Pakistan accepts then is our Aim Obejective Goal is make Pakistan accept it or is it put an end to terror attacks .Although NDA also does not score greatly on this front
5. Unemployment- While the trouble with economy started before Jan'08, but UPA government was blind to all the signals and pursued its foolhardy step of high intrest rate regime before the entire Real estate, and Banking sector went bust and the confidence was at its lowest ebb. But was that the case during NDA regime?
6. Infrastructre- About this sector the least said is the better, the reason is that the golden quadrilateral started by erstwhile NDA regime is yet to be completed, has there been any significant changes in transport sector no way, Air travel has become oprressively expensive because of addtion of all the User Development charges.
So should we vote for a Government which has failed us in so many fronts and added to price rise and job losses? Its time that we realise the high talks and low deliverables