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- Jul 23, 2009
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You have a valid point. Would have agreed with you regarding reduction of tax if there is high inflation. My point for not reducing the excise duty is : Private investment is not going to come in infra (for next 1 year at least) because companies being in debt and high interest rate. So govt have to make funds available, which they did by allocating around 1 lakh crore for highway and railways.but when Govt increases taxes in response to lowered prices and doesn't remove them in response to increased prices it makes de-regulated prices a joke. Agreed ?
Agree. But I guess this not going to happen till we have high fiscal deficit.No. Keep duties on oil and gas fixed.
Agree with NREGA. Disagree with Insurance and PMJDY.Remove funds from NREGA, Insurance, Jan Dhan Yojana and other nonsense. Empower ministries.
Yes, ministries should be empowered and I have high hopes from 4 ministers (defense, transport, railways and power). Let’s see.
I guess he is trying to provide more funds to states. Agreed to all the recommendation of 14th finance commission, revenue from auction of coal and other minerals now goes to states etc. There is a substantial increase in funds for railways to different states, for my state its highest ever in history of India from around 800 crore to more than 3000 crore.Indian State as envisaged by Modi seeks to do everything, which is stupid. India is a nation of a billion and a quarter. State doesn't have the resources to do shyt.
Nope, do not want to compare a state government with limited power with central government. Just mention him as a passing remark while responding to a member.Kejriwal is a glorified municipality chairman tasked with running a very small very rich city. It is stupid to compare both, even if for the sake of flaming.