India needs immediate economic as well as structural reforms. We need to cut down on the fiscal deficit, move our labour force away from agriculture; invest more in healthcare and education. We need large scale privatisation.
Let's hope Chief justice Bobde delivers. #Budget2021
Let's hope Chief justice Bobde delivers. #Budget2021
It took a pandemic for us to realise that the Health of a nation overrides every other necessity. 137% increase in the Health budget is phenomenal. Fantastic news, this.
The motto of #Budget2021: HEALTH IS WEALTH.
The motto of #Budget2021: HEALTH IS WEALTH.
LIC IPO; Disinvestment target of 1.7 lac crore; PSU banks, BPCL, IDBI, GIC to be disinvested in. This is already a dream #Budget2021.
[A gentle reminder, though: Disinvestment, a PSU buying a sick PSU, is not privatisation. Not a single PSU has been privatised since 2003.]
[A gentle reminder, though: Disinvestment, a PSU buying a sick PSU, is not privatisation. Not a single PSU has been privatised since 2003.]
We have 1825 PSUs, quarter of them NONFUNCTIONAL.
A FIFTH of our annual budgetary allocation goes in propping up PSUs.
States have ratcheted up a LIABILITY of 50 lac crore in the last decade.
PSU banks have NPAs totalling 10 lac crore.
For us to succeed, PSUs have to recede.
A FIFTH of our annual budgetary allocation goes in propping up PSUs.
States have ratcheted up a LIABILITY of 50 lac crore in the last decade.
PSU banks have NPAs totalling 10 lac crore.
For us to succeed, PSUs have to recede.
Govt is Socialism leashed; Opposition is Socialism unleashed. And so it always boils down to this:
If you run on the budget proposed by the govt, India would go bankrupt in 20 years.
If you run on the budget proposed by the opposition, India would go bankrupt in 2 years.
If you run on the budget proposed by the govt, India would go bankrupt in 20 years.
If you run on the budget proposed by the opposition, India would go bankrupt in 2 years.
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