RAJNIKANT's pro Nation Budget ....

'The Pro briefcase'

           It's that part of the year when The Finance Minister of our country would be seen carrying a black briefcase (or 'Red' as per his mood) into the Parliament to announce the financial report card of the country  which  we all know by the name 'Budget'.Just as in college  pocket money was decided as per our parent's mood which again depended upon the marks one obtained in the last semester similarly the National Budget depends upon the  amount of revenues generated in the last fiscal year (i.e 2012-2013) along with the national as well as  International economic conditions and as per this an 'approach' towards the budget is planned.

pro-POOR OF THE YEAR

            This approach forms the foundation on which various social and pro poor schemes (here i mean the real poors who live below 28 Rs per day not the poor guy in pic  from Karan Johar movies) ,Economic policies (like FDI in single brand retail), defence budget allocations (for buying Fighter planes,submarines etc and do some 'scandals' ha ha ), tax exemption limits for salaried class people (the मंगो  पीपल  ) are also announced in the budget.

            Under the current scenario the major factors which Mr. Chidambram would  specially lay emphasis on while planning the approach towards the budget would be to bring the dangerously low GDP growth rate from 5 to a respectable 7 percent in the next fiscal year,bringing down the Inflation rate to less than 7 %, checking the negative growth in manufacturing sector and the slowdown in the exports because of  Euro Zone crisis .Quite amazingly every  Goverment claims it's budget to be good for everyone i;e pro Aam Aadmi, pro Industrialists,pro farmers,pro urban India,pro Rural India,pro employed, pro unemployed,pro single,pro commited,pro married,pro bachelor etc (this is as paradoxical as Mahesh bhatt calling Murder & Raaz as family entertainment especially made for kids).When it comes to presenting the Budget under present conditions it is impossible to satisfy everyone.Compromise on populist measures and bold decisions on part of the Finance Min is the need of the hour.
               However  looking at the trends of budget in the last few years one can draw a  conclusion that type of budget is highly influenced by the amount of time left for the next General ELECTIONS :) i.e if the goverment is in it's first year after winning the elections will try to fulfill as many promises it had done while begging for votes in it's poll manifesto before the elections,the second and third year will see huge amounts of pro poor subsidies,pro Industrialist being announced and then when everything looks screwed up the Goverment takes some tough measures like raising petrol and diesel prices,putting limit on the number of LPG gas cylinders, increasing the fare in railways,making education loans costlier (and car loans more cheaper) ,selling it's shares in PSU's like coal  India, NTPC etc to balance the rising Fiscal deficit, selling the precious spectrum of 2G,3G,coal block allocations etc .

Give me one chance...mind it

               Rajnikant has uttered an epic dialogue in movie Shivaji-The Boss ....that the biggest problem in our country is the widening economic gap which means irrespective of what policies the Government makes" rich are becoming  richer while the poor  are becoming poorer" .The middle class condition is no less pitiable which after paying sky rocketing petrol/ diesel prices,electricity-LPG bills,house rent ends,children's education ends up with no savings. So what can be done to change this trend ???  The best option is  to make Rajnikant our Finance minister .No Seriously .If this is not possible other alternative suggestions for 2013-2014 budget are as follows:
1.Expedite the delivery of UID AADHAR cards which will check malpractises and corruption in the distribution of food grains an other benefits to the people below poverty line.
2.Simplify the  investment policies but not without lessening the role of Regulators (like TRAI,SEBI etc) so that foreign investors can invest without any fears in Indian Markets thus increasing inflow of precious foreign exchange in  the country.
3.Expedite the Projects which are getting stuck in Red tap-ism and lethargic decision making by various ministries specially in manufacturing sectors viz power,steel,mining etc
4.Encourage Public Private partnership models so that expertise of private sector can be utilized to it's full potential.

               The success or failure of the economy of a nation depends largely on the private sector,however Goverment can play a vital role by creating favourable investment climate, developing infrastructure,supporting the poor and vulnerable groups by various schemes etc.India  follows mixed economy where we try to get the right mix of capitalist and socialist measures path to development.Building schools for children,making vocational training centres for youth to make them employable,spending on women and child  development,introducing FDI in retail  all such steps do not give immediate results it will  take many years until we start getting their results.As long as these objectives are fulfilled we can call our Budget as  a pro Nation budget.