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Rissing Fiscal-Deficit by sivaramanenator on 15 Apr 2012

Vote-Bank largesse,crores & Crores & not taxing Rich Agricultuarist is the main cause of uncontrollable deficit.

magarmachchh ke ansoo by alok on 15 Apr 2012

The worst policy of Indian economy is to use costly and imported stuffs even by providing subsidies to help rich and rich oil and tech exporting economies. We ignore their cheaper and indigenous substitution stuffs and services by heavily taxing them though the same can help Indians specially poor and middle class. Look we are using cooking and water heating energy worth Rs 2.5 lca crore a year and providing subsidy of Rs 1 lac crore a year on the same and are completely ignoring free infinite solar for above purposes. We are subsidizing useless black money hiding imported bullion of 3.75 lac crore a year and have made indigenous real estate investment heavily taxed and heavily looked by taxmen. Time wasting tech stuffs mostly imported are also heavily subsidized as compared to other luxuries. No wonder why our trade deficits are Rs ten lac crore a year, fiscal deficit Rs six lac crore, total subsidy 10 lac crore a year to 1.25 billion Indians , number of poor still increasing , growth sub 7% and inflation unstoppable. Please wake up. We all are going in wrong direction.

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