While the states are guaranteed of their GST revenue (14% growth!!!) they are losing big time on all others of their revenue sources like liquor and petroleum.

Also there will be a downstream impact of shrinking of Union's divisible pool from which states get 41%.
Public finances, for both the State Govts and the Union Govt are going to be wrecked.

Both must use this opportunity for a purge and reset of the Governance Model to cut down on the bloated bureaucracy and regulatory cholesterol.
The number of ministries and Deptts must be cut down to less than half.

All of the welfare must be in the form of Income Support / UBI / Negative Income Tax / #SchoolVouchers / #HealthInsurance
There is a widespread support for a UBI like no questions asked direct transfer, subsuming all welfare.

Good economics is good politics. Image

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More from @India_Policy

Jun 30, 2022
Why did BJP give up on the CM position in Maharashtra?

Here is what I think:
While the Shinde faction has got control of the legislative party, the political Party that is Shiv Sena is still in control of the Uddhav faction.

By making Shinde the CM, BJP has paved the way for Shinde to bid for total control of the Sena, including the party symbol.
Given the numbers, BJP will still be in control of the Govt and will be able to push through its development agenda, including the flagship Infrastructure projects that Fadavis started and which were stalled by Uddhav,
Read 9 tweets
Jun 29, 2022
Nonsense! Every Non-Muslim must know what the book, the core belief of Islam are for the non-Muslims.

That video is a good primer.
This mindset, the civilized world can never fight the barbarians,
They fight with what they have and can defeat the superpower.

They dont pervert the teaching, they actually follow the teachings of Prophet to the letter.

For them. to die is to go to 72 hoors!

Read 4 tweets
Jun 28, 2022
Any common Muslim can come nonchalantly and then suddenly execute his Jihad on us Kaffirs!

This unwatchable video is of cold blooded murder of a Hindu tailor, merely for his SM post in support of Nupur Sharma
The Islamic terror is now at our gates. What are we going to do about it?
Zubair marks the target and then these random Jihadis execute innocent Hindus. Image
Read 7 tweets
Dec 22, 2021
Brilliant speech of the Communist MP exposing the system of Judges appointing Judges has made the Judiciary Brahmin dominated.

Shouldn't Lord Chardachud, the next Brahmin CJI be passed over?
Despite being a dynast, Rahul Gandhi has to face elections and an Amethi can throw him out.

The dynasts of Judiciary, rockstars like Charachud have to face no test, no qualification, no criteria.

We have no option but to suffer the tyranny!
Nowhere in the world, this Judicial incest, the system of Judges appointing judges, in a totally opaque and arbitrary manner...
Read 5 tweets
Nov 30, 2020
In the times of the food scarcity of 1960, the monoculture of wheat and paddy made sense.

Today, the MSP system has led to a situation where wheat and paddy is being grown to rot, not only at great cost to us taxpayers, but also to our environment and to farmers.
Left to market forces, there is a natural feedback; if consumer demand for millet grows, the prices increase, sending a feedback to grow more of it in the next cycle, a glut in a commodity will send the price crashing and will be grown less in the next cycle.
Over a period of time, the market will ensure that the producers are producing as per the consumer demand.

The MSP systems cuts-off this feedback and has converted Punjab into a monoculture and a cancer belt.
Read 4 tweets
Nov 29, 2020
If farmers must be respected, because they put food in the plate then why not the construction worker, who built the home that you live in?

Let's demand State subsidies and freebies for construction workers, paid by us taxpayers, just like we do for the farmers.
Farmers are like any other producers and businessmen, they must be respected just like any other producer.

Today, Dubai gets much better food in its plates than Bathinda, even as UAE has no farmers.

Building food supply chain is most critical.
Today, farmers in India are not producing what the market (that is we the consumers) needs, but they produce wheat, rice and sugarcane, far more than what we need and it ends up rotting in the FCI godowns.

This must stop.
Read 6 tweets

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