Don’t you think food security bill hyped as biggest welfare scheme is illogical/cheating people (420) for the following reasons?
Don’t you think it is illogical or cheating; make people believe that one time waver of farm loans and sustaining food security bill for ever are similar and they are welfare activities? – Debates on TV’s!
The debates give us a feeling that; they are meant to fool the people to generate vote banks or people have lost ability to understand the difference between bad money which has gone down the drain and money to be earned to spend it?
Farm loan waiver is a one time activity; bad debts accumulated over a period; and acknowledged by banks as not recoverable? It is; mustering courage to forget bad money (memories)?
No funds were needed to implement this scheme as funds are already consumed by borrowers; existed in books of lenders as non-performing assets?
No cash was needed to implement; farm loan waivers; as they are only book adjustments and at the best affected balance sheets of banks? It was one time activity to accept bad money; boldness/accept as bad loans or inability to recover them and write them off? Yet lot of corruption took place as many; who are not eligible and capable of bribing were the beneficiaries?
Food security bill hyped as biggest welfare scheme is illogical/cheating people (420); a few reasons and you can contribute a few more reasons?
1, a. Government has to find real cash year after year to dole out subsidies to support 67% of population on sustainable basis.
Everyone with basic economic knowledge of state economics; know; funds cannot be generate on sustainable basis to support 67% of population?
Possible options available to generate funds: Like diesel and petrol subsidies; (a joke) of taxing the products heavily and transferring the taxes as subsidies to consumers; shifting money of consumers’ right pocket to left pocket in the guise of subsidies?
Don’t you think this process of collecting taxing and transferring them back in another form of subsidies is an inefficient way? taxing the product low; to mach the end subsidized cost will be more effective; scope for less corruption etc. and may be a sensible way to keep prices low and worth considering?
b. earn money from natural resources to spend – not available as they are not sufficient for greedy to loot ( through scams).
c. foreign debt can’t be a solution as it leads to debt trap.
d. tax 33% heavily; to generate funds to sustain subsidy bill – not possible as present rate of taxes and fiscal policies has driven the country into the clutches of black economy.
The only alternative left is to tax majority of the beneficiaries of food security bill heavily in one form or other; make them paupers; build vote banks; to accept; food subsidy doles with gratitude – 420 and deception to lure the people to believe that they live in a welfare state; when it is not.
2. Food security bill and lack of infrastructure only leads to more corruption and loot as our experience of over 50 years of cong rule shows; help rich become richer and poor poorer and looters more bold?
Don’t you think; the bill makes one wonder; how India survived so long with such poor economists who don’t know the difference between bad money and real income generation?
vote bank politics is encouraging looters and driving Indian economy to shambles?
Sonia EICo – Scam in brewing?
Sonia Gandhi: Annexation through Technicalities- Arun Shourie
it sheds light on how Sonia Gandhi has lied, broken laws and looted the country? – Moderator
Don’t you think all people can be fooled for some time; and some for all the time and not all for all the time?
It is a wakeup-call to all nation loving MPs belonging to all parties? For once they should come together; think logically; and help Indians to be proud of them!
Accountability at all levels makes a nation safe and prosperous.
Pranab Mukherjee – Controversies, allegations and accusations
Don’t you think; Lack of accountability; allowing the corrupt to loot the countries natural resources; helping corruption to thrive; protecting the guilty; spending recklessly; with out caring for the advice of many to follow; principle of fiscal prudence; misuse of his reputation as a number-crunching politician with a phenomenal memory and an ”unerring survival instinct” are the reasons of controversies, allegations and accusations surrounding him and the cause of present financial mess of the country? It is Pranab mukerjees moral responsibility to clear himself of all charges by “SIT” before aspiring to be President of India?
Pranab was a Minister in Indira Gandhi’s Cabinet during the infamous Emergency and was held by many to be personally responsible for some of the excesses? He was summoned before the Shah Commission but followed Mrs. Gandhi’s lead in refusing to resign before it? ”A police case was registered against him which was withdrawn when Mrs. Gandhi returned to power?”
He is capable of doing any thing for his loyalists with his killer instinct?
He helped Indira Gandhi, in her effort to collect and destroy Shah’s report on emergency?
S. Gurumurthy and Arun Shourie exposed how Pranab Mukerjee, the then Finance Minister of India helped Reliance Industries against Bombay Dyeing through differential taxation by influencing the Income Tax Department in textile industry? As a result Bombay Dyeing was almost decimated?
Pranb had considerable influencing power on the functions of Government; as; he is a senior member of the Cabinet Committees on Economic Affairs, Infrastructure, Parliamentary Affairs, Political Affairs, Prices, Security, Unique Identification Authority of India, World Trade Organization, and heads the Group of Ministers Committee on the Dabhol dispute? He is a member of the Congress Working Committee (CWC)?
After Sonia Gandhi reluctantly agreed to join politics, Pranb; was one of her key mentors; guiding her through difficult situations with examples of how her mother-in-law, Indira Gandhi would have done things?
He has reputation as a number-crunching politician with a phenomenal memory and an ”unerring survival instinct?”
With many diversified responsibilities and little time to spare; for his main activity as FM; he became the cause of present financial mess of India?
Many people, expressed concern; about the rising fiscal deficit; the highest since 1991? Pranab said, that the expansion in government spending was only temporary, and the government, was committed to the principle of fiscal prudence?
Due to lack of time; he could not pay; attention to; principle of fiscal prudence and presented the 2009; 2010; 2011 2012 Union budgets of India; they are the cause of present financial crisis; inflation; falling rupee; and increasing hold of black-economy? It is believed; black-economy; to be many times stronger than white economy and the reason; for sluggish response of economy; to known monitory controls? Read: https://sofjustice.wordpress.com/2012/05/25/white-vs-black-economy-ills-of-black-economy/
Views and opinions: His thinking; that; his party is having a right to be corrupt as other political parties are corrupt is not logical and encouraged corruption at all levels? Corruption has be come a cancerous growth (1991 to 2012; for 20 years); eroding; ethical values; and accountability to society?
He had no time to visualize; the harm he is causing; to the people who believed in him; the Nation; and the posterity?
He failed to disclose the list of foreign bank account holders; in his M A Y 2 0 1 2 – [WHITE PAPER- BLACK MONEY http://pib.nic.in/archieve/others/2012/may/d2012052101.pdf; thus made an attempt to shield the tainted? He lost a goodopportunity; to put the economy on rails by making effort to bring; black-money into main stream?
The IAC allegations include a June 2011 letter by K.M. Abraham, former member of the Board of the Securities and Exchange Board of India, to Prime Minister Manmohan Singh; corruption in the purchase of Scorpene submarines from France; fraud in the sale of rice to Ghana in 2008; the Navy War Room leak case? Read: http://articles.economictimes.indiatimes.com/2012-06-23/news/32382257_1_team-anna-pranab-mukherjee-arvind-kejriwal
and Coalgate scam? https://sofjustice.wordpress.com/2012/06/11/coalgate-scandal-and-pmo/
25 JUN, 2012; the tragedy of Pranab Mukherjee as Finance Minister; so many unanswered questions and financial mess? Read: http://economictimes.indiatimes.com/opinion/guest-writer/the-tragedy-of-pranab-mukherjee-as-finance-minister/articleshow/14379747.cms
Jun 26, 2012 Pranab Mukherjee behind ‘cover-up’ on Netaji’s air-crash, alleges book?
Mukherjee was described in the Justice Mukherjee Commission of inquiry report as one of the seven witnesses who had testified before it in favour of the story of Bose’s death? Mukherjee returned to power in 2004, and then sat in judgment on the Commission report with his other Cabinet colleagues (you can find out who are they?), rejecting the report’s conclusions? Read: http://timesofindia.indiatimes.com/india/Pranab-Mukherjee-behind-cover-up-on-Netajis-air-crash-alleges-book/articleshow/14400546.cms
Lack of accountability; allowing the corrupt to loot the countries natural resources; helping corruption to thrive; protecting the guilty; spending recklessly; with out caring for the advice of many to follow; principle of fiscal prudence; misuse of his reputation as a number-crunching politician with a phenomenal memory and an ”unerring survival instinct” are the reasons of controversies, allegations and accusations surrounding him and the cause of present financial mess of the country? It is Pranab mukerjees moral responsibility to clear himself of all charges by “SIT” before aspiring to be President of India?