The financial crisis India is facing has always been a burning issue over a long period of time. People say ironically "India is poor, but Indian politicians are not". Are the politicians perspicacious enough to manage the amount of money that they spend for the people(though not a huge sum, he he!!). In short they are"penny wise and pound foolish". The amount of money they squander on the cutouts is enormous. As soon as the polls are round the corner and they smell an imminent defeat, they try to entice people and elude the defeat. The principal problem with the people is that they are not great visionaries.
They prefer to avoid instantaneous difficulties but do not think of the problems that they will be facing in the long run. One thing that confounds me is that as soon as the politicians win a poll they start doing service to the mob in such a frenetic pace that they don't even find time to visit the places that they visited while canvassing for the elections. They woo, solicit, sometimes even coerce people to vote for them(to serve them). Even if they don't spend a huge sum for good cause they must learn to manage that trifling amount effectively. This to a certain extent 'sweeten the pill' and help people recuperate from the shackles of poverty.