Dr Manmohan Singh, The Honourable Prime Minister of India is keen to ’improve’ the delivery mechanism. This means setting the spoilt bureaucracy that eats all of the Income Tax paid by all Indian Assessees, by way of their salaries. Do you get commensurate service? Home Ministry responsible for personnel, needs to be FORCED by Dr Manmohan Singh to swing into action.
-Rajiv Gandhi said 40 paise of every Rupee spent by Govt is lost in the processes of reaching it down - revenue expenditures ie salaries, pension, Govt quarters et al! addl 45 paise of OUR Revenue contribution is eaten by bureacrats & politicians illegally; only 15 paise reaches the needy.
-That should give PM the source to tap money for CMP!
-Dont entertain 6th pay commission, force unkept promise of force reduction of Bureacracy in return for huge increases babus got, in the fifth pay commission. Force quota of force reduction. We have too many people pushing files instead of ’doing’ something or taking decisions and acting, in the Govt. With fewer babus to loot, we will have lesser damage than 45 paise above!
-Does UPA want to be genuinely pro farmer? Then, raise income limit across the board to 1Lakh, after reasonable expenditure deductions so as to earn the income; all other income inclusive of ’so called’ Agricultural income should be taxed at a lower tax rate of 20% upto 6 lakhs, than current 30% at very low annual gross earnings. Since this move would have widened the base, Govt revenue will not be affected.
-Afterall anyone above 1Lakh earning in Agricutural sector is no more ’poor farmer’ but a middle-man shark eating into poor farmer income, adding to the cost of Consumer at the other end - be it Govt procurement or General public.
-Last few weeks have tought a tough lesson to Indian Govt on FDI - money will go as fast as it came, once there is a greener pasteurs elsewhere or there is percieved/real risk in being here. Yet, we want FC investment that will stay in the country & generate asset, due shortage of Internal Resource. A huge diaspora wants to do something for the country; particularly the ones returning to the country; they are willing to invest part of their saving abroad, to create asset for larger productive use.
-FM should bring back the 9 year exemption that was awarded to capital brought in by Returning Indians, to encourage ’staying capital’ foriegn investment unlike the finicky, opportunistic hedge/pension funds’ FIIs. They do larger damage, if particularly you want investment in social sector, to benefit the larger and lower masses of The Nation.
-Allocate fund generously for computerisation of departments & functions such as Judiciary, Planning commission, Finance ministry so that the dramatic reduction of babus will not affect service level to people & we start spending more on Capital (Plan) Account & less on Revenue (non asset forming) Account that nearly spends upward of all money collected by way of salaries and perks, pension to Babus, ex Babus irrespective of their levels of in-efficiencies in a lifetime guranteed job, barring the in-significant in number but noble minority of doers amongst the Babus.
Once this Financial empowerment is done, will UPA, PM & Home Ministry have the courage to tackle the largely inefficient but bloated bureaucracy; Manmohan singh himself highlighted in his address to Nation that one of his primary concern was to get the bureacracy to work and deliver!! He has the mandate; will he empower FM & get Home Minister to reduce the wastful bureacracy numbers & still improve productivity of the quality prunned team of India Inc?!
Also read....reg Kelkar Task Force report on Financial reforms...
https://mouthshut.com/readreview/58330-1.html