Trickle-down Economics of UPA

                                                            

Congress have stalwarts economics like Manmohan , Chidambaram and montek and recently Nobel winner also taking interest in Food security bill.

I do little try to decode the economic policy of UPA :-

UPA run number of flagship programme of poor people call the people below Poverty line , so lets do calculation for BPL :-

Montek Decide BPL line Rs. 28

A man need Rs.12(in Mumbai )  for a launch , for calculating village take Rs.10 mean 10*2 = 20 for whole day.

Savings = 28-20 = 8/day
Annual saving  1 = 265*8 = 2120 ...............(1)

( 100 days MGNAREGA calculation do independently)

Congress gave Free health and Education  and also give  meal to child mean have to invest income only on food (up to when Food security bill implement)


Government also run population control programme : हम दो हमारे दो ! so lets assume 2 child/family ( If they assume 0 loss than we can assume this definitely)

NAREGA gives Rs.125/day/family  for minimum 100 days so, calculating that days saving independently ,

125/day/family  mean  66/day/person ( family including 4 person , exclude children cause their food cover under Mid day meal )

saving = Rs.66  - Rs. 20 = Rs.46/day
Annual saving 2 = 46 *100 = 4600 .....................................(2)

Annual saving = 1+2 = 2120+4600 = 6720/person

Family saving = 6720*2= Rs. 13440

Family Annual saving = $224 ( Economist understand digits in Dollars , $1=Rs60)

Conclusion :-

UPA decrease the poverty by this theory and It’s the RBI who responsible for the inflation ( if there is inflation )