Tuesday, July 7, 2009

Budget 2009-10

It seems to be a bilateral agreement between the rich and power, thou Pranab started the budget with congress tantric word “Aam Adami”, Pranab pooh-poohed the common man’s interest, increasing the income tax slab Aam Adami can say only say a max of INR 8.22 which is a huge money for Aam Adami to buy a car with 2000cc capacity and LCD TV, probably now it’s the state government turn to distribute free LCD TV’s as they become lower in price.

At the birds eye view, the budget has no radical impressions, but filled with rational decisions on poor and needy, overall budget has only increase and decrease in the margins rather benefits and action plans. There were no plans to bring the faulted money from foreign banks, and we are sure that India is not a corrupt free country.

There are no steps for taken to fund foreign banks from poor Indian’s taxes, no proper regulation has been imposed on SEBI to invest or disinvest foreign exchange in Indian markets. There is not even eyesight on money laundry, forget about the steps to control, especially at this recession stage, money laundry plays a vital role in controlling a country’s economy. Never forget poverty leads to terrorism and other anti-social activities.

First the railway budget which was joke, followed by the general budget, Indians had become puppets to congress and congress to foreign elements, days are not so far where Quttorichi can become the Defense minister, as after bofers with 600 crore INR corruption, his next deal is to buy fighter jets for IAF for 1000 + Cr INR.

When Indian scientists are sweating like hell to complete TEJAS, and all they running short is few hundred crores, for which congress government has no funds but can afford to spend 1000 CR on foreign jets. What a patriotic move.