India Budget: What It Says
 
 
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Created By: Arvind Joshi Created On- Jul 6, 2009

India Budget: What It Says

Too much of social spending !!!

Megha Chawla
Topic owner: Megha Chawla: Its for sure an aam admi budget, but i also back the idea that there has been too much of social spending this time, it could have been marginal and the majority was to be diverted on financial sector.
on Mon, 06 Jul, 2009
 
 
Sumit R
Sumit R on one hand government wants to get bail out packages/rehab funds, n on the other hand it shows a loss of 6.7%,and has plans to disinvest the psu to generate the revenues.!!!! this is really sick!!!!! if government is really in need of money, it should rather consider to get rid of deficit rather than making/providing rehab schemes!!!! sick!!
on Mon, 06 Jul, 2009
Arvind Joshi
Arvind Joshi Did you know that there are 375,000 Indians with more than $1m in liquid assets? I think they ought to stand up and be counted...there is actually very little social spending....ask the old of this country (remember in 20 years time you might be one o them) ...http://www.hotklix.com/content/news/b usiness/375-000-Indians-with-more-than-1 m-in-liquid-assets
on Mon, 06 Jul, 2009
Arvind Joshi
Arvind Joshi This is actually damage correction on Tamil vote bank.
When Lankan govt was taking on the LTTE, there was substantial furore over inaction on the part of Indian govt... All Tamil regional parties had urged the govt to do something..
By this rehabilitation scheme UPA is trying take away the wind from the opposition parties.. at the same time making a strong foreign policy statement that India will support any war on terror activities in the South Asian region.
on Mon, 06 Jul, 2009
Arif Khan
Arif Khan With due respect to the victims, but spending Rs.500 crore for rehabilitation for Lankan victims, is a little too much especially when the country needs money for many other important things
on Mon, 06 Jul, 2009
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