Monday 2 April 2012

The budget will not stabilise inflation as told by Pronob da

The Government has been enhancing the MP LAD and MLA LAD funds for optional development program mes in addition to the otherwise budgeted provisions through the govt.departments.In the much hyped nutrition programme for the poor mass lakhs of crures rupees of tax payers money is being spent.Does it really reaches the poor?The Finance minister says that the new budget would stabilize inflation.Broadening the service tax periphery , increasing the petroleum price every now and then will sky rocket the inflation .There is a story that;once two monkeys quarrel among themselves to share a cake.A wise cat approached them and assured them to divide the cake equally.The two monkeys agreed. The cat brought a balancing scale.Then teared the cake into two pieces and placed one piece each at both the sides of the weighing scale.Then to make the both pieces equal she started to eat out a small piece from the heavier one.Gradually in this balancing act she completely ate the whole and nothing remained for the quarreling monkeys.Hence I doubt if the public of India will get any benefit from the legislative intention of the budget from the hands of these political super-cats.