A million dollar question; believe your PM 0.5% is more than 99.5%?Posted: September 22, 2012
A million dollar question; believe your PM 0.5% is more than 99.5%?
We Indians are very fortunate/unfortunate to have a PM who is having a keen vision to observe the loss caused by ants/ability to turn a blind eye to devastation caused by elephants?
PM should explain the nation why he is concentrating all his intellectual capabilities on 0.5% percent revenue and not paying any attention to 99.5%?
He wants people to pay more for essential petroleum products (less than 5% of GDP PA) to reduce deficit finance and turn a blind eye to rampant loot/corruption which has reached mind-boggling proportions (40-50 % GDP PA)? The amount of estimated loot lying out side the country in the form of foreign assets is more than 10 – 15 times GDP? It means that the amount wanted to be raised by way of increased cost of petroleum products is less than 0.5% of the loot laying out side? Read https://sofjustice.wordpress.com/2012/05/25/white-vs-black-economy-ills-of-black-economy/
It is strange that our PM not told the country; the efforts the government is taking to plug the loss to exchequer due to loot and corruption (white paper on black money by our Ex FM Pranab Mukherjee and present President and wanted people to understand the compulsions of the government to tax people as money doesn’t grow on trees?
He failed to understand the increase he proposed contributes to 20-30% present of a common man’s income?
Instead of recovering the loot and using it; for the benefit of the nation he justifies FDI in retail (all survey reports all over the world indicate big-malls in multi-product retail in consumer products have done more harm than good to economy) Global research confirmed; in agriculture small are more efficient than large ones and FDI destroyed more employment than it created? http://newindianexpress.com/opinion/article666721.ece
He wants to compensate the loot by FDI in retail as government is not willing to take any steps to recover the loot even after SC directions? Read Black money inaction is betrayal http://barmaidtoemperess.wordpress.com/2012/09/09/black-money-inaction-is-betrayal-ram-jethmalani/
It is a strange situation; instead of making efforts to recover the loot; our government is opening opportunities to looters to invest it; in the form of FDI in retail so that they can plunder the economy; become owners of the country and reduce every one to the status bound labor? Read Sonia EICo.: https://sofjustice.wordpress.com/2012/07/27/is-east-india-company-in-remaking/
We wish our PM understands; what he is asking people to understand? He told people that money will not grow on trees; we hope PM understood what he wants; less educated than him to understand?
The revenue (money) has to be generated by efforts and it has to be used for the benefit of all?
We should look into the sources of revenue of government?
- Commercial exploitation of Natural resources like water (for irrigation; industrial use and generation of electricity etc.
- Mineral resources like, sand, granite, iron ore, coal etc.,
- Exploitation of oil reserves; utilization of solar energy; nuclear energy etc., and by selling them.
- Selling of natural resources like spectrum etc.,
- Collection of duties (custom) on goods/machineries imported.
- Collection of taxes from manufactures (excise duty).
- Collection of taxes from traders (sales tax)
- Profits earned from public sector enterprises like, steel, aluminum, railways, ordinance factories etc.
- Borrowing money for starting commercial activities or allowing investment by foreigners (FDI)
- Sundry revenue from other sources?
It is very surprising to note that our PM concentrated on revenue collection (TV speech on sep 21; 8 PM) and loss to oil companies due subsides on petroleum products, like, diesel, petrol, cooking gas, kerosene etc., only 0.5%) not a single word about loot and corruption (99.5%) loss of revenue?
He conveniently forgot to tell the people the present selling price of petroleum products; includes near 50% taxation, and reducing it to reasonable level of say 15% negates the subsidies he is talking about?
All he wants to convince people; is that; they have to bear the burden; otherwise government will be helpless to contain the deficit?
He never spoke about the revenue generated by other activities?
Most probably he wants people to understand the intentions of the government not to make any efforts to recover the loot and allow it unhindered and we people to accept; there in; lies the welfare of the people? Complex logic; incomprehensible; better ask any expert politician; only he can explain? View: http://www.facebook.com/mulakalachandrasekhar/posts/483998174957610
We don’t need a Phd. to understand the logic; it is ANTI PEOPLE?
PM owes an explanation to the nation about his compulsions to support the looters and the corrupt and help them to becomes de-facto owners of India through FDI in retail and punish common man so-cruelly by way of inflation; unemployment and heavy taxation? View: Sonia+PM’s reforms are poly 2 divert attention from scams and loot http://www.facebook.com/mulakalachandrasekhar/posts/391210700944043
What is the logic in taxing petroleum products to by 50% and then subsidizing them by a small percentage or may be to the tune of taxation?
PM should explain the nation why he is concentrating all his intellectual capabilities on 0.5% percent revenue and not paying any attention to 90.5%?
PM should roll back the price hike of petroleum products and take immediate steps as suggested by SC to recover the looted money through legal channels? Read: Black money inaction is a betrayal http://barmaidtoemperess.wordpress.com/2012/09/09/black-money-inaction-is-betrayal-ram-jethmalani/ Explain the nation why he wants it to be poor; when it can become prosperous by recovering the looted money slashed away?
He should not go ahead with FDI in retail?
PM please take appropriate steps to stop further loot and recover looted money immediately or resign to save the country which respected him so humbly? Expectations of the nation are not unreasonable? Popular demand of people: http://www.facebook.com/mulakalachandrasekhar/posts/349168845172579
Accountability at all levels makes a nation prosperous and safe?
Blame games are the main source of security problems? Read: Super PM: https://sofjustice.wordpress.com/2012/08/16/isnt-biggest-threat-to-national-security-corruption-blame-games/
A multi-billion dollar question are we fortunate or unfortunate?
Awake India: “Don’t look back—forward, infinite energy, infinite enthusiasm, infinite daring, and infinite patience—then alone can great deeds be accomplished” – Swami Vivekananda
Read: Can India be a vibrant democracy https://sofjustice.wordpress.com/2012/09/08/can-india-be-a-vibrant-democracy/ at your leisure time.