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Showing posts from February 28, 2010

The Budget for Aam Aadmi- Who?

Pranab Da has dedicated his budget presented in Lok Sabha to Aam Aadmi. Who and where is that aam aadmi? In the Budget there is no initiative to check price rise while the allocation for health, education, employment, women etc fall much short of the targets decided for them. The corporate sector is relieved not because of the doles offered but it was expecting harsh measures. Income tax concessions can make none happy releeing under inflation in the price of food items. Increase in the allocation of budget for forces is good enough just to adjust for inflation. The deficit is being balanced through rise in petroleum prises, disinvestment of public sector and bringing more services under service tax. So, for whom is this budget? Who is that aam aadmi? Do people below poverty line form this category? Is creamy layer of the society (with income more than 4.5 lacs) is a part? Are class III and IV employes in the government/private sector included in it? As per the government, BPL includes...