Tuesday 27 May 2008

WHOSE MONEY IS THIS ??????????

Hello Readers ,

WHOSE MONEY IS THIS THE GOVT DISTRIBUTING ?

This refers to the amount distributed by people’s beloved Finance Minister (FM) & their allies among Farmer’s as loan waivers ( Rs 71,000 Crores only ) & Subsidy to Fertilizer’s companies ( Rs 95,000 Crores only ) & other subsidy to Oil & Gas marketing companies whose figures are not confirmed. These figures are as on 27 May 2008 & these are not final figures as the amount can even increase but very less chances to get lesser.

They say that “ The Crude is rising & along with it the inflation too which are making new highs in recent days, in contra to that Rupee is depreciating against Dollar & such depreciation was very fast in recent days “ but is this the real picture ?????

The simple logic : When crude was $ 50 the prices of local Petrol prices was Rs 45 – 50 range & this prices are maintained since last 2 to 3 years, at that time in our neighboring countries were selling the same in price range of Rs 15 – 20 in countries like Pakistan , Malaysia etc whose economy is weaker then our economy.

If this countries can sell at such lower prices then one can think that how much taxes must have imposed by our Government & how much profits they must have minted by such gains & how much years they have enjoyed too, now just rise in crude prices in just few months they are in panic & talking about losses & bankcrupt.

The solutions the GOVT is finding is rising local fuel prices, imposing more CESS on INCOME TAX & reducing less duties imposed. But all these are not permanent solutions as it will just reduce short term effects & if the crude leads further then what should be done ? The Govt is only thinking short term as to control inflations due to rising prices as they know we are here for only few months now & election to follow in later this year. They will try to take short term steps till they are here & then after elections if the new government comes then they will take care of the issue.

Subsidy given to companies are the money collected from the tax payers by way of service tax, tds, income tax, corporate tax etc & mind well after this govt has been elected, people have to pay more & more tax in some or other ways. After paying all this taxes is all the money reached the right place in form of subsidy or is utilized some where else ????

Now the LOAN WAIVER FOR FARMERS, there is always an question in my mind that is the real needy farmer getting loans & if they are getting then is it utilized at right place ?

Also many fertilizer companies are getting subsidies but why do they require subsidy & if they require then where are all this money used as every year many of subsidized companies are posting net losses. Or in name of Agriculture the money is transferred some where else.

ALL THIS MONEY GIVEN AS SUBSIDY OR AS LOAN WAIVERS ARE THE HARD EARNED MONEY OF THE PEOPLE & HOW CAN GOVT GIVE SUCH WAIVERS FOR ELECTION PURPOSE AS IN INDIA EVERYTIME ELECTIONS COMES GOVT TAKES SUCH STEPS, WHY PEOPLE ARE NOT RAISING VOICES OR PEOPLE ARE NOT BOTHERED OF SUCH ACTIONS TAKEN OR NOT BOTHERED FOR MONEY ? AFTER PAYING SO MUCH TAXES THERE ARE NO ADEQUATE INFRASTRUCTURE FACILITIES, NO PROPER ROADS AS BEST EXAMPLE IN MUMBAI GUTTERS ARE MORE BEAUTIFUL THEN ROADS AS MORE BUDGET HAS BEEN PASSED FOR THE MODERNISATION OF ROAD SIDE GUTTERS THEN ROADS, DUE TO THIS EVERYWHERE THERE IS TRAFFIC, POLLUTIONS ETC.

Even after so much money spent for gutters then also there were floods in MUMBAI then whats the use of making such huge budget gutters. After paying taxes on time there are no major benefits to the people then should people pay tax ?

SOME SUGGESTIONS :

Taxes should collected area wise as if u see that ur area or ur society needs some basic facilities & if not provided then u can appeal there only to local tax men appointed.
Govt should initiate measures or give benefits to people as tax sops to people who are using Public transport or bicycles as means of traveling. This is just an alternative to fight against high crude prices. If Govt is providing subsidy to farmers then they should really think on this as this would create less pollution & reduces crude imports for the country.

There are many such questions & suggestions but there are no solutions as in POLITICS its all self benefits game played, if our people will not raise voices now then we will end up paying more taxes & will have no benefits.

IF U HAV ANY SUCH QUESTIONS OR SUGGESTIONS THEN U CAN SEND US BY EMAIL ON : ALLIESFIN@GMAIL.COM OR CAN EVEN ADD IN THE COMMENT BOX HERE BELOW THIS ARTICLE ON OUR WEBSITE, PLS DON’T FORGET TO PUT UR NAME ,PLACE & MOBILE NOS. WE WILL ADD UR QUESTIONS OR SUGGESTIONS ON THIS WEBSITE ALONG WITH UR NAME & ALSO U WIL FIND MORE COMMENTS THERE SO FEEL FREE TO WRITE US.

PLS FWD THIS TO AS MANY AS POSSIBLE WITHOUT BEING SELFISH AS SOME DAY U WIL NVR KNW WHO WILL WAKE UP & WHERE OUR VOICES CAN REACH.

*********** JAGO INDIA JAGO **************

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