Unfortunately, his big talk of 'Sabka sath, sabka vikas,' has proved to be a hollow slogan. Economic activity is at a slow pace. The rate of growth at 7% plus today is not much more than the 5% during UPA rule earlier under the old method of calculation. This government has miserably failed to harness the tailwinds in its favour. For instance, the price of oil has fallen by almost 70% from a high of US$110 in June, 2014 to around US$35 today. Instead of using this bonanza to kick-start the economy, the govt is busy mobilising resources the easy way by increasing excise and other duties on oil. The hapless Indian consumer is paying twice as much as the global consumer for petrol and diesel. This is nothing but loot by our sarkar.