Dirty Budget - 2008

Well for quiet some time i wanted to write on the indian budget for 2008 -2009 ... i am not an economist but its more of expressing my anger towards politics which doesnot yield anything at the end.....

I read this fascinating thing of allocation of Rs.60,000 Crore debt waiver for farmers.... after reading this i dont know should i laugh at our stupid finance minister or should i cry at the horrible mistakes our ministers are making and we have to deal with it..... There were quiet few things here....

Whoz money is this? Its ours..... tax payers money.... worst thing which strikes me listening to this is what is the minister trying to encourage? What is it thats been achived by waiving the debt? Looks like you are trying to push one of the most hardworking community of india towards free money and encouraging no work.... looks like there is serious flaw in our system where in we cannot question the stupid allocation without any yield....

I am not against farmers... what i want to stress is rather than waiving the debts why cannot this money be invested in agricultural technology or any other means were in we can encourage the farmers to increase the agricultural yield? Why cannot the government think of putting up the schemes like a tractor for a village... which could be used by one and everyone under the village panchayat administration as an eg..? What kind of idiotic budget is this.... looks like this huge amount is put in drain..... nothing is done for long term.... and there is no returns for this investment... i dont think any economist will support such moves at any cost....

Mr. Finance minister... chidambaram what is it i got after paying almost 1lakh to the government of india as tax? An IT exemption which is increased from the current 1.1 lakh to 1.5 lakh? You are not even able to control the infliation which has raised to an all time high of 6% and neither i see any improvements in the current infrastructure nor any steps towards holding the economical growth which is heading towards a slowdown world wide.... shame on you ....