On the first day of its national convention, the BJP passed resolutions on agriculture and welfare of the poor, claiming it had done better than the UPA.
It’s hard to build a house, run a business, or do anything without paying bribes. And yet, citizens’ anger about this open, unchecked corruption won’t erupt into Anna Hazare-type rallies.
As many as 21 policy reforms are under implementation following Invest Kerala Global Summit, as LDF govt works to change perception that the state is not conducive to businesses.
Amid continued concerns over cross-border terrorism, General Upendra Dwivedi further warned the neighbour that India will not show restraint if there is an Op Sindoor 2.0.
Pakistan’s army has been a rentier force available to a reasonable bidder. It has never come to the aid of any Muslims including Palestinians or the Gazans, except making noises here and there.
What PM Rajiv Gandhi was referring to was not necessarily 85% diversion of funds. More to emphasise the high administrative cost of delivering services to ordinary citizens. The cost of governance remains forbiddingly high. In fact, across administrations, it is now the pure revenue deficit that is more troubling. Government’s capital outlays have been declining. No one who studies the current fiscal position of the Centre and the states – with the combined deficit over 6% of GDP – could feel sanguine. Financially ultra sound corporations like ONGC and HAL are borrowing from banks. All this despite the ten to twelve trillion bonanza from lower oil prices. The poor would be better off if more resources are left free for productive private investment.
What PM Rajiv Gandhi was referring to was not necessarily 85% diversion of funds. More to emphasise the high administrative cost of delivering services to ordinary citizens. The cost of governance remains forbiddingly high. In fact, across administrations, it is now the pure revenue deficit that is more troubling. Government’s capital outlays have been declining. No one who studies the current fiscal position of the Centre and the states – with the combined deficit over 6% of GDP – could feel sanguine. Financially ultra sound corporations like ONGC and HAL are borrowing from banks. All this despite the ten to twelve trillion bonanza from lower oil prices. The poor would be better off if more resources are left free for productive private investment.