Sunday, July 31, 2011

UPA's spurious budgets

The Union Budget 2011-12 is a spurious statement. The titanic revenue foregone in the consecutive budgets of the UPA since 2005-06, as brought out by S Gurumurthy, is a deliberate fraud committed on the nation. As a result of the skewed budgets of the Manmohan Singh regime, the nation's economy is on the verge of disaster, waiting to delcare bankruptcy one day or another. The costs of healthcare, education and housing are becoming unbearable for the people, but the latest budget doesn't offer succor to the common man. Though the requisite good has not been done to the primary sector, we should thank the elections that come every five years that no proposal has been made in the budget that would decimate the farm sector unlike the UPA's notorious anti-agriculture policies. Instead of assuring the aam admi in these tempestuous times of food inflation and scams, the PM has patted Pranab and celebrated that the budget will pave way to insurance and banking reforms.
By Viswanath V
Published: The New Indian Express

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