Category Archives: Corruption

True cost of Dynasty: Sonia sends us a Rs 5,45,000 cr bill | Firstpost


True cost of Dynasty: Sonia sends us a Rs 5,45,000 cr bill | Firstpost.

Contents at above link is copied below, if you prefer reading it here.

Ask this question to yourself: Can India really afford dynastic politics of this irresponsible sort?

True cost of Dynasty: Sonia sends us a Rs 5,45,000 cr bill

Can India really afford dynastic politics of this irresponsible sort? Reuters

Despite the objections of many in the UPA cabinet and the advice of economists, Sonia Gandhi is shoving the Food Security Bill down our throats.

It is tempting to conclude that all this is prompted by a desire to see the poor fed, but the truth is that the Food Security Bill (FSB) – like many of its predecessors – will end up achieving the exact opposite of what it wants to. It will achieve food insecurity and a devastated economy.

The FSB’s bills will fall due only later, but Sonia Gandhi’s old bills are already costing us plenty – not least inflation and a busted budget.

Let us add up the real cost to the country when Sonia Gandhi’s party feeds itself off someone else’s money: ours. This is the true cost of keeping the Dynasty in power.

The following are Sonia Gandhi’s political bills that have been paid by all of us – taxpayers and consumers.

# 1  Farm loan write-off of Rs 72,000 crore in 2008. All that the UPA needed to do to help farmers in debt was to waive interest, freeze the outstandings, and allow them to pay it all in easy instalments. But what could have been a bill of less than Rs 10,000 crore of interest waivers, which would have helped maintain a proper climate for loan recovery while providing real relief, ended up with a cost of Rs 72,000 crore for the exchequer. The political part of the bill is thus Rs 72,000 crore minus interest waiver costs – say around Rs 60,000 crore. The cost of damaging the repayment culture is incalculable – and will be paid by subsequent generations and banks.

# 2: Subsidies paid for keeping diesel, cooking gas and kerosene prices low:Rs 2,23,203 crore in 2005-11. Add this year’s under-recoveries of another Rs 1,32,000 crore, and the total bill is Rs 3,55,000-and-odd crore. Let’s further assume that all politicians would have subsidised petro-goods to some extent. But the NDA did not subsidise half as much. If we take 50 percent of the amount as subsidies that every politician would have paid to consumers, the subsidies paid only to humour Sonia Gandhi would be around Rs 1,75,000 crore.

# 3: The National Rural Employment Guarantee Act (NREGA) has cost all of Rs 1,00,000 crore so far, and by March, 2012, it will have cost around Rs 1,40,000 crore. Assuming, once again, a more sensible kind of populism would have ended up with only half the expenditure on such schemes, Sonia’s bill would work out to Rs 70,000 crore.

The Sonia-Rahul re-election bill so far thus amounts to Rs 3,05,000 crore.

Now, let’s bring in the Food Security Bill. The official estimate of costs is around Rs 1,00,000 crore, but since these are likely to be underestimates intended to force a foolish bill through a reluctant cabinet, we should look at more realistic estimates.

The FSB will only achieve a population dependent on the dole, and an economy ultimately unable to feed itself. AFP

Ashok Gulati and Jyoti Gujral – the former is chairman of the Commission of Agricultural Costs and Prices, and thus should know what he is talking about – wrote in The Economic Times that the real cost of the FSB, taking both the direct cost of subsidies and the accompanying investment in infrastructure (godowns, higher food procurement prices, et al), should be reckoned at Rs 2,00,000 crore per annum in the next three-year period.

Now let’s assume that even this money is worth spending to feed the poor. But the existing public distribution system (PDS) leads to a leakage of nearly 60 percent.

Says a World Bank study prepared at the instance of the UPA government: “Leakages and diversion of grains are high. Only 41 per cent of the grains released by government reach households, according to the 2004-05 National Sample Survey (the latest data available), with some states doing much worse. In 2001, the Planning Commission has estimated this leakage of BPL (below poverty line) grains at 58 percent nationally.”

If 58-60 percent of Rs 2,00,000 crore spent on the Food Security Bill is going to be lost due to leakage and pilferage, this is a humongous Rs 1,20,000 crore loss every year. Since it is Sonia Gandhi who insists on the FSB in its current form after rejecting every other alternative (including cash transfers to the poor), it means this bill ought to be sent to her and the National Advisory Council (NAC) she heads. Since we have two years of food security to finance before the next election, the real bill will be Rs 2,40,000 crore for 2012-13 and 2013-14.

Add Rs 2,40,000 crore to the Rs 3,05,000 crore bill the dynasty has already racked up to keep itself in the good books of the electorate and to get Rahul Gandhi the gaddi in 2014, and the true cost of Dynasty is Rs 5,45,000 crore.

NAC’s annual budget in just around Rs 4 crore. But the bill it is sending taxpayers is as much as Rs 5,45,000 crore.

Can India really afford dynastic politics of this irresponsible sort?

Let’s return to the economics of the Food Security Bill (FSB) again. It’s worth beginning with the old saying, slightly modified for our purposes: Teach a man to fish, and he will feed himself for life. Give him a fish every day, and you will have him eating out of your hands. You would have created a permanent dependency and ultimately run out of fish.

This is what Sonia-nomics will achieve with the FSB: a population dependent on the dole, and an economy ultimately unable to feed itself.

To be sure, let’s give Sonia the benefit of the doubt and assume she has a heart of gold and weeps buckets at the thought of anyone going hungry. But nothing in the policies she has backed so far suggests she has her head screwed right.

If there is a crisis, of course, you should provide food to the hungry. But this can only be a short-term measure. Since Sonia has been in power for more than seven years, the crisis phase should have ended long ago and long-term solutions found to the problem of hunger and food supplies.

Sonia Gandhi wakes up to hunger only when elections are in sight. But we shall let that pass.

Hissar Election


Congress must be thrown out of power as it has shown no wish/brought so many obstacles to bring strong Jan Lokpal. Anna has clarified this. Let Hissar election be an example for this so that it builds pressure on Congress, the party in majority in Lok Sabha, to bring strong Jan Lokpal in Winter session. Otherwise Congress should be ready to seat in opposition. I wish Congress get zero vote..
Vodpod videos no longer available.

1st collector for Hissar Election
Follow my videos on vodpod

 

History Repeats Itself! India Against Corruption!


I never imagined that i am going to be a part of the movement where whole of India is united once again to fight with people in power and this time to end corruption that too in Gandhian way. Reading history books, about Lokmanya Tilak, Bhagatsing, Quit India movement, etc was one thing and witnessing a movement, being part of it and making history happen is completely different!

We are fortunate to get this chance to do something great for our country. Thanks to Anna Hazare and hats off to his commitment, patience, vision, intelligence, simplicity, patriotism. Here in India, everybody wanted to do something for country but nobody knew what to do, how to do it. Anna provided a platform/gave a direction for result oriented action where results can be seen in very near future.

I don’t think there is anybody in India today who is against Anna other than corrupt politicians and people whom these politicians were buying for votes or so. I heard there are few Dalit leaders who are against this movement. It’s very unfortunate but probably they are funded by Government.

Anna we all are with you!

Do support India Against Corruption ! It’s always better to be a part of the change rather than just seeing it from outside. Choice is yours!

I am with Anna for corruption free India.

Satyam Param Dhimahi! – Let Truth, Divinity and Knowledge shine through me!

Little about Sonia n Rahul


Source: http://www.iretireearly.com/sonia-gandhi-and-congress-secret-billions-exposed.html

Vodpod videos no longer available.

Why I dislike Congress!


Few of the reasons why I dislike Congress:

Today, when Ramdev Baba ended his fast (against black money and corruption) in hospital after 9 days, guess, where were Sonia Gandhi and Rahul Gandhi… They were in Switzerland!!…. cleaning out their accounts.. now people dont give me logic that ‘they have gone for a vacation’

Itinerary of the trip is Dubai-Switzerland-Italy (to finally launder the money)

Check out my previous post that will support this:

https://arpitk.wordpress.com/2011/06/11/why-congress-doesnt-want-to-bring-black-money/

Whosoever is raising voice against corruption is entitled RSS agent by Congress..

 Times of India 

 

I am not anti-congress.I jst don’t like party which has Digvijay Singh, Kapil Sibal, Arjun Singh, Pranab Mukherjee, Sonia Gandhi as leaders.

Why Congress doesn’t want to bring Black Money


Take a look at below pic .. Rajiv Gandhi In 1991 .. 13th biggest account holder of Swiss Bank .. 1st Two were Mexican .. Oh n Saddam Hussain were also in That List of Top 14 Accounts in swiss Bank.. Share This Pic .. Let everyone know ” kartoot of nenru-gandhi family ” .. this is the reason why Govt. doesn’t want to Bring Black Money..!!

I took this pic from facebook: 

 Back to Album · बाबा रामदेव भ्रष्टाचार मिटाओ सत्याग्रह आन्दोलन We Support Baba Ramdev’s Photos

why-congress-doesnt-want-to-bring-black-money-back

%d bloggers like this: