Budget of Union of India 2021
First edition 2 Feb 2021 first Rev 3 Feb
It will be updated as authentic details are collected
15 lac crores or half of budget is eaten by neta babu pensioners
1 crore employees and pensioners mean
1000000 crore payout annually add 5 lac crores in establishment and politicians ayyashi।
Nothing done for unemployment reduction in country
Meaningless fake schemes will waste 30000 crores annually which is stolen
Like crop insurance ayushman bharat MNREGA।
Overall 1 year balanced budget with nothing for our urban middle class (50 crore population)
No new approch।Regular method plus here , minus there।
The farms and health amount include allocation of other heads thus growth is only 5 to 7%
Agitation of farmers not addressed।Procurement at least 15% and MSP provisions।
Petrol price are bound to go up by 2.5 Rs and 4 rs for diesel soon
While india (Ram) sells at 93 Rs srilanka (Rawan) sells at 53 Rs।
And beiman antakvadi pakistan at 49 Rs।
Car scrapping policy will soon be announced but age fixed at 20 years . Pollution norms have to be met though.This is not possible।
Advisable that 20 years old cars we all dispose off
Annual interest more than 2.5 lac on pf funds will be taxed soon and slowly it will be taxed above 50 thousand.
These Three promised reforms not done in 7 years
1. Transaction tax instead of income tax mentioned by ramdevji
2 Universal minimum income to all adult citizens as suggested by Congress
3 Taking petrol Diesel out of special tax and put in gst.
Besides we have to scrap hundreds of relief schemes to same people like backwards bpl etc and replace by universal income scheme.
What is happening is middle class and upper class is being sucked and this money spent on lower class and extracted by Rich and we middle class who work tirelessly whole life are only taxed.
80 crores are enjoying on wealth generated by we 60 crores.
4% bureaucrats and ministers alone eat up 1/3rd central budget on salary perks and Establishment itself.
In many states it is as much as 80% of budget
Fuel , liquor and tobacco are main income sources
28% gst should be lowered to 15% except luxury cars and goods
On insurance healthcare and education only 8% gst should be levied
Power theft must be stopped which is making us pay 8.5 rs per unit.
The average energy cost is 4.25 Rs to public utilities.Solar and hydro is costing only 2.8 Rs
Theft and transmission loss is still 28%
Basic hospital and health care should be free for all having self family income less than 8 lacs per annum.
Msme sector allocation is too low 15000 crores
High allocation in coming election states
Shameless selling of PSUs।It is undiluted naked capitalism as US ।Model
Where govt is making 10000 km annually roads no one knows ।India size itself is 3500x4000 km ।There were roads already in 2014।
Even today villages have little roads
50000 crore annually is being siphoned off by politicians and baniya gangs
Food vegetable prices may see rise by 30% soon , experts say
Govt must reduce its own expense by 1/3rd
First time pension will cross salaries.
Only 10% work force gets pension.
No social security for old and infirm , disabled and unemployed more than 6 months.
Hotchpotch model of USA is mixed with indian model even after 29 years of liberalisation
FD rates for senior citizens( non pensioners) should be 8% upto overall gross 30 lacs deposits within india.
Unless we move in these directions purchasing power and health cant improve and demand wont generate.
Public transport model of china singapore UK should be adapted and implemented to reduce pollution .
It is time population control is clamped with legal punishment for 3rd child and refusal of any organized service job schemes including government to defaulter. Of course child will get.
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