Thursday, February 25, 2010

Budget2010:irrational view 2

1. Provide more than 16,500 cr for Railways: Isn't it equivalent to increasing tariffs, just that the collection mode is different.Only showing good face in railway budget.Why do they don't want to make growth of railways self sustainable.

2.NREGA allocation hiked to Rs 40,100 cr: No review of rampant corruption here???

3.Hike allocation for school to Rs 31,000 cr: Will now we will be able to see teachers in classes teaching to students?

4. Textile Ministry to train 30 lakh workers over 3 years: create such job opportunities first.

5.
Fiscal deficit target for FY11 is 5.5% of GDP: Talking about target is fine, but what is the path.Last year too, no path was shown.

6.
MAT hiked to 18%: Companies pull your belt and start paying taxes.Don't curse FM for this, You knwo you were wrong by avoiding taxation.

7.
Weightage deduction on R&D increased to 200%: Will that really encourage R&D or will give a path to avoid tax. Companies of high morals!!!!

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