Slumdogs vs. Millionaires
Is desh mein, do Bharat baste hain….
The amount of revenue foregone
by the government due to tax exemptions more than doubled from Rs 65,587 crore
in 2006-07 to Rs 1,38,921 crore in 2010-11, a CAG report said on Tuesday.
Tax subsidy given on Fertilizer is 60000 crores
During Budget time all Business news channels do huge discussion over Question of sub sidy but no one rise question about revenue foregone to corporate !
Just look at the budget , We giving Tax Exception of $6 million per hour to Indian corporate, out side the budget we give subsidies land , free electricity
* Look at the Mumbai , most of electricity consumed by the malls and multiplexes , 20 minutes of Power cut can give 2 hour electricity to all the troubled districts of MAharastra , but this will not going to happen
Look At lilavati , appolo – Land transfer to tham on the condition of 30% bad reserve for poor people but this never happened theoretically not practically and also this will not going o happen in future
Standard chartered bank situated at One of the costliest place of world paying Rs.1/sq ft for decade of use of 3600 yard
It’s very clear who the government exists for : When BSE index fall it’s take 2 hour : the then Finance minister came to Bombay by special flight to meet these billioners and it take 10 years to PM’s visit a place where 40000 farmers sui side ( official figure) since 1995
According to Forbes and the Times of India, India is the 4th on the planet in dollar billionaires, with 53 of them, after the US, Russia, and Germany. And India's billionaires are richer than Russia's or Germany's. 4 of the 10 richest men are Indians. One of the Ambani brothers, both of whom are on the billionaire list, is building a $2 billion dollar home, building 26 floors, two helipads, and "an unquantifiable amount of resentment". The entire Daravi slum, the area featured in the film Slumdog Millionaire, could be rehabilitated with that sum.
And the path of billionaires in India is different: whereas Russia's billionaires spend 10 years on the list, after which they go to prison, India's billionaires, as a democracy, head to Parliament after 10 years.
There are hunger alarms in every single state in India, and some states, like Madhya Pradesh, have hunger rates comparable to any country in sub-Saharan Africa. The overall Indian average for child malnourishment is 46%, while the sub-Saharan African average is 35%.
Tax subsidy given on Fertilizer is 60000 crores
During Budget time all Business news channels do huge discussion over Question of sub sidy but no one rise question about revenue foregone to corporate !
Just look at the budget , We giving Tax Exception of $6 million per hour to Indian corporate, out side the budget we give subsidies land , free electricity
* Look at the Mumbai , most of electricity consumed by the malls and multiplexes , 20 minutes of Power cut can give 2 hour electricity to all the troubled districts of MAharastra , but this will not going to happen
Look At lilavati , appolo – Land transfer to tham on the condition of 30% bad reserve for poor people but this never happened theoretically not practically and also this will not going o happen in future
Standard chartered bank situated at One of the costliest place of world paying Rs.1/sq ft for decade of use of 3600 yard
It’s very clear who the government exists for : When BSE index fall it’s take 2 hour : the then Finance minister came to Bombay by special flight to meet these billioners and it take 10 years to PM’s visit a place where 40000 farmers sui side ( official figure) since 1995
According to Forbes and the Times of India, India is the 4th on the planet in dollar billionaires, with 53 of them, after the US, Russia, and Germany. And India's billionaires are richer than Russia's or Germany's. 4 of the 10 richest men are Indians. One of the Ambani brothers, both of whom are on the billionaire list, is building a $2 billion dollar home, building 26 floors, two helipads, and "an unquantifiable amount of resentment". The entire Daravi slum, the area featured in the film Slumdog Millionaire, could be rehabilitated with that sum.
And the path of billionaires in India is different: whereas Russia's billionaires spend 10 years on the list, after which they go to prison, India's billionaires, as a democracy, head to Parliament after 10 years.
There are hunger alarms in every single state in India, and some states, like Madhya Pradesh, have hunger rates comparable to any country in sub-Saharan Africa. The overall Indian average for child malnourishment is 46%, while the sub-Saharan African average is 35%.
India's billionaires outgun
Scandinavia, Australia, and Japan. The billionaires control wealth that's
equivalent to 1/3 of India's GDP, about $341 billion in a $1 trillion economy -
in a country where 836 million Indians live on 50 cents a day. The World Bank
says that $1.25/day is poor, but India's definition is 24 cents/day, so that
only 260 million Indians live in poverty by this definition. The billionaires
are making some $300,000-700,000 per minute.
One good program by the Indian
government, one of its few achievements, is the rural employment guarantee, in
which peasants can get $1.50 - $2 per day for 9 hours of work in the fields in
45 degrees celsius. "Rotating hunger" is a rural survival strategy.
In a 6-8 member family, two members will eat on a given day. They work and earn
the $1.50, doing a job like digging 100 cubic feet in colonial-era style public
works. People in their 60s and 70s are going to work in the program because
it's the only way to eat.
Last July, India created the
world's cheapest automobile (the Tata nano) while hosting the world's most
expensive red gram (dhal, a kind of pulse which is a staple protein), reaching
100 rupee/kg. When pensions are 200 rupees per month, options like rotating
hunger come into play.
Farmers in India today control nothing but the land. Pesticide, seed, fertilizer, water, electricity - are all controlled either by governments or corporations. The prices of inputs go up and farmers are forced into debt and encouraged to grow unstable cash crops, leading to increased risk, debt, and ultimately, suicide. In the 1990s they closed the rural banks, shifting credit to urban elites.
Today agriculture is in the greatest crisis since the Green Revolution. 8 million have quit farming. Where did they go? "We don't know. We were too busy covering Paris Hilton."
Farmers in India today control nothing but the land. Pesticide, seed, fertilizer, water, electricity - are all controlled either by governments or corporations. The prices of inputs go up and farmers are forced into debt and encouraged to grow unstable cash crops, leading to increased risk, debt, and ultimately, suicide. In the 1990s they closed the rural banks, shifting credit to urban elites.
Today agriculture is in the greatest crisis since the Green Revolution. 8 million have quit farming. Where did they go? "We don't know. We were too busy covering Paris Hilton."
(
Source : Sainath on sub sidy : you tube , Saianth lecture in toronto )
Comments
Post a Comment