Budget of convenience...
The finance minister presented the budget on the floor of the house in the last week of February.
It is most likely the present government's last budget considering the fact that elections are due next year.It is but natural that the budget smells of populism and freebies signaling that elections are inching closer.
The finance minister waived off 60000 crores for farmers.These would benefit farmers who have less than 5 acres of land.Mr Minister what is the message you are sending to the honest farmer who has been diligently repaying the debt?.You make him look like an idiot because of your populist measures.You have provided temporary relief to farmers but you still have not tackled the root cause.Can you explain why the farmer ended up in a financial quagmire wherein he could not repay his debts?.was it not because of your faulty governance and pricing policies?.If loins are being poached in a reserve you take measures to tackle the poachers and not put the lions in cages and let the poachers roam freely.
Mr Chidambaram you have set a poor precedent for the successive governments.Every government after this would want to follow your populist methods and commit sacrilege in the name of governance.Farmers in turn will expect every government to take the same steps.Have you even thought of the consequences this can have in the long run?.Your government is already importing contaminated wheat from Pakistan.In the name of the kisan and the aam aadmi you have fooled the people of this country into believing that this please all budget is the way forward.
You have also increased defense spending.A country's defense equipment must act like a deterrent to other countries scheming against us.Is that happening?.India rushes to sign a MiG 29 deal with Russia only when Pakistan is assured of F16's from the U.S.A.As the defense spending has increased through the years,most countries in our neighborhood have gone nuclear.The problem is your focus is so much on buying that you have neglected your indigenous institutions.Your institutions like NAL,BHEL,HAL are now producing equipment for poor African countries and the likes thereof.
What is the ratio of the number of people in the country to the number of IIT's and IIM's?.In 50 years of independence we have a few institutes of repute but compared to the growth of our population we don't have a chance of balancing the two.how many international students come to our country to study other than poor nations which cannot afford basic amenities?.You disregard all this and run after quotas appeasing people who you treat as mere vote banks.
Along with Dr Manmohan Singh and Montek Singh Ahluwalia,Mr Chidambaram you represent the planning commission which was supposed to usher in a new era of development in our country.Alas all you have to your credit is a populist budget which stinks of appeasement touching every section of the population.
Mr Chidambaram the success of policies lies in its implementation.Intent will always supersede content but to be successful you need both!!!!!!!!!!!!
It is most likely the present government's last budget considering the fact that elections are due next year.It is but natural that the budget smells of populism and freebies signaling that elections are inching closer.
The finance minister waived off 60000 crores for farmers.These would benefit farmers who have less than 5 acres of land.Mr Minister what is the message you are sending to the honest farmer who has been diligently repaying the debt?.You make him look like an idiot because of your populist measures.You have provided temporary relief to farmers but you still have not tackled the root cause.Can you explain why the farmer ended up in a financial quagmire wherein he could not repay his debts?.was it not because of your faulty governance and pricing policies?.If loins are being poached in a reserve you take measures to tackle the poachers and not put the lions in cages and let the poachers roam freely.
Mr Chidambaram you have set a poor precedent for the successive governments.Every government after this would want to follow your populist methods and commit sacrilege in the name of governance.Farmers in turn will expect every government to take the same steps.Have you even thought of the consequences this can have in the long run?.Your government is already importing contaminated wheat from Pakistan.In the name of the kisan and the aam aadmi you have fooled the people of this country into believing that this please all budget is the way forward.
You have also increased defense spending.A country's defense equipment must act like a deterrent to other countries scheming against us.Is that happening?.India rushes to sign a MiG 29 deal with Russia only when Pakistan is assured of F16's from the U.S.A.As the defense spending has increased through the years,most countries in our neighborhood have gone nuclear.The problem is your focus is so much on buying that you have neglected your indigenous institutions.Your institutions like NAL,BHEL,HAL are now producing equipment for poor African countries and the likes thereof.
What is the ratio of the number of people in the country to the number of IIT's and IIM's?.In 50 years of independence we have a few institutes of repute but compared to the growth of our population we don't have a chance of balancing the two.how many international students come to our country to study other than poor nations which cannot afford basic amenities?.You disregard all this and run after quotas appeasing people who you treat as mere vote banks.
Along with Dr Manmohan Singh and Montek Singh Ahluwalia,Mr Chidambaram you represent the planning commission which was supposed to usher in a new era of development in our country.Alas all you have to your credit is a populist budget which stinks of appeasement touching every section of the population.
Mr Chidambaram the success of policies lies in its implementation.Intent will always supersede content but to be successful you need both!!!!!!!!!!!!
posted by Realpolitik at 11:15 AM
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