Annual Budget 2021-2022 :: 65/100, - :: The South Indian " CHICKEN-65 " Palate served with " Nariyal-Chatni "



Pic - :: Budget 2021-2022  The South Indian " CHICKEN-65 " Palate served with " Nariyal-Chatni " 

Finally the Union budget for the trading year or as one may like to call it, for the Financial Year 2021-2022 is out. One might really ask me and many have asked me personally and many by phones about- WHAT HAS BEEN THE BUDGET LIKE AND HOW IS THE UNION BUDGET.

Well-  if one has to ask me, this budget is perhaps the BEST that I have been following since 1983, and NEVER has any budget been so very inspiring to follow though there are some anomalies as well. However every good things are connected to little not at all good things and that is how the BALANCE OF TRADE goes on.

Annual Budget 2021-2022:: This Is The recipe Of Chicken “ 65 ” served

 There and it is a long story about the Annual Budget of India which is connected to the numeral “ 65 ”  and more about it later . I for some reason use that numeral “ 65 ”  because I give SIXTY-FIVE marks to this annual budget of India for the marvel that it holds and discredit it by 35 marks for the darker picture that also it provides but these 65 marks out of the 100 that could be awarded  COULD BE THE MARKS THAT COULD BE GIVEN BY THE WORLD BANK AS WELL to this national budget of India for the year 2021-2022 on a scale .




Pic - :: The " ANGEL- 65 " sending her message and in reality it's " MESSAGE " that EMBODIFIES the NATIONAL-BUDGET 2021-2022 

 .I would write later here about the story of " 65 "  that relates to the Indian budget but first let me straight come to the points of the annual budget that was laid out in the table by the Union Finance Minister, Mrs Nirmala Sitaraman on February 1st 2021.

The SALIENT FEATURES of the budget are-:

1). It is a GROWTH-ORIENTED Budget .It completely envisages and it at one glance indicates that the GROWTH would be done in every sector that starts from the word A and ends with the alphabet Z in the overall sector that determines the GDP of India.

2). It gives a HUGE FILLIP to the STOCK MARKET and the COMMODITIES ie the shares and the debentures that it sells .Yesterday no sooner that Mrs Sitaramnji finished reading and placing her budget in the house, the B.S . E jumped to 48,600.16 points which was more than 5% ( FIVE-PERCENT ) of the total jump in their trading business for the day and THIS IS A HUGE QUANTUM of JUMP that India could see it after 1997 when Mr Yashwant Sinha had submitted his annual budget on that day.Infact it beat the record of that day as well .This is a GOLDEN LINING to the budget that it holds.

3). The N.S.E closed at 14,281.20 points. This again was an increase of more than 4.5% and this augurs so well to say to begin with for the trading sector and for the Finance and the Economic sector that provides much of a HOPE to the nation after the AS-GOOD-AS-FINISHED scenario that crushed the economy of India since March-2021 when the Covid-19 hit India.

What Are The Sector That Illuminates The Hope From This Budget –:

There are many a QUESTIONS that one often keeps on asking me about WHAT COULD BE THE SECTOR THAT WOULD REALLY MAKE THE NATION TO SPRINT AND THE PEOPLE TO STAND ON IT’S FEET FROM THIS BUDGET.

Well, my answer is that the REALTY ESTATE SECTOR, the PHARMACEUTICAL SECTOR and the TRADING SECTOR will make this country to SPRINT and the people to stand on it’s leg. Why is so that the question that one might again ask ?.

My explanation is the kind of money that the Government has laid it out for the realty and the construction sector, for the sector to start it’s business, this sector will see the sale of the IRON & STEEL, the CEMENTS, the BRICKS, the SAND, and many other items like the ASPHALTS, the DAMARS that comes out from the bye-product of petrol to cite as an example will see the sale boominmg up like anything of this and these commodities.

Naturally ,  the units manufacturing these items or the commodities will see their operation to keep themselves running in full bloom. That will see many an employment and many jobs being created,and that would see the money being rolled in the business to buy and to sell their final product. This will ROLL on the money in the market. The ROLLED money will come to the banks and from there it will go to the RETAILERS who would withdraw the money from the BANK and but their necessities, whwrein the money again will come back to the Banks. The Banks will get the privilege to roll the money again and again by lending the money and taking it back consequently adding to the TURN-OVER of the business.

This will regulate the ROLL-ON money which actually will help in inflation control and cross check the price that prevails in the market. Thus the employment generated, the one’s who are employed and the CONTROL OF MONEY will be taken care of where the employment will not see it’s doom.It will balance the society in terms of them having the sources and the resources to pull their life and here it the NATION will STAND on it’s feet for the people will stand on their feet and the nation will start sprinting.

The THREE Sector’s that I mentioned for the FIRST time in the HISTORY OF INDIA will take the centre stage and THIS IS A GREAT BIG REVOLUTION TO SEE THAT THE INFORMATION TECHNOLOGY SECTOR WILL STAND AFTER THE STANDINGS OF THIS SECTOR.

India from 1995 till this stage was TOTALLY dependent mostly on the I-T sector to feel safe and fine. The I-T sector had caused many a disparity in the society with the pay and the remuneration causing a great HEART BURNS to the other sector.People from the other sector would leave their job to find a better pasture at the I-T sector.This had made the other sector IN-WANT of the BEST brains to work for them and as a result these sectors were finding it a bit tough to settle themselves affirmed and strong as the transfer of the brains from these sector to the I-T sector hit them hard.

 NOW WITH THIS BUDGET AND WITH THE MONEY THAT THE GOVERNMENT HAS PUT INTO THE THREE SECTORS THAT I HAVE NAMED  HERE OR MENTIONED HERE, WILL SEE A BOOM AND A KIND OF A SURGE THAT AFTER ABOUT 26 YEARS WE WOULD SEE THE DAWN OF THE SECTOR WHICH WILL PUT THE I-T SECTOR TO THE PLACE DOWN - BELOW THEM TO SAY.

THIS IS A GOOD SIGN FOR THE EMPLOYMENT MARKET AND FOR THE EMPLOYER.

Let me put my INSIGHT and my PREDICTION on these THREE sector in ONE line if possible - ::

a). REALTY ESTATE AND CONSTRUCTION SECTOR- : IT WOULD SEE A “ HUGE ” SURGE

b). PHARMA SECTOR - :: THIS WILL “ BOOM ” THE MARKET .IT IS GOING TO BE – “ BOOM-BOOM-BECKER-WIMBLEDON-1985 ” not at the Wimbledon but at India.

C ) . TRADING SECTOR -: THIS WILL A NEW “ PHEONIX ” IN THE ANNAL OF INDIAN HISTORY .

My Own Analysis That Makes Me Very Confident About The Final Outcome Of This “ BUDGET ” .

I’m NOT a WORLD-BANK-KIND-OF-A-FINANCIAL ANALYST, I have studies ECONOMICS during my degree course to complete my studies and for YTWO years that I was into teaching I taught the MANAGERIAL ECONOMICS as my own subject beside  being a PRODUCTION SUPERVISOR in a pump organization at Nagpur. My studies are very much based on my PRACTICAL EXPERIENCE that is related to Economics that I know, that I have studied and  that I have mustered as my practical experience and this is MY OWN PREDICTION AND ASSESMENT and I BET- THIS WILL MATCH BY OVER 90%  WITH AN ANALYST OF THE WORLD BANK , IF ANY ANALYST FROM THE WORLD-BANK TRIES TO DO THAT.

I just cite ONE example and the ONLY ONE that makes me feel very POSITIVE about this budget.My assessment on the FISCAL DEFICIT says ands makes me to believe that . It is based on the same, as stated here.

FISCAL DEFICIT:: Let us first understand what is the FISCAL DEFICIT all about . It is that and it is as under-:

The difference between total revenue and total expenditure of the government is termed as fiscal deficit. It is an indication of the total borrowings needed by the government. To be far more precise a Fiscal Deficit is A fiscal deficit which  is a shortfall in a government's income compared with its spending. The government that has a fiscal deficit is spending beyond its means. A fiscal deficit is calculated as a percentage of gross domestic product (GDP), or simply as total dollars spent in excess of income .

Now coming to the point of explanation the Fiscal Deficit was very bad placed at 9.5% , .In other words if the Government was to earn say Rs 10==0 oer month it was earning only Rs 90 = 50 per month . Now the Government had to borrow the remainders to keep it afloat from the other sources.

When this kind of a situation occurs, the Government would raise the deficit by TAXING the people in between the trading period which we call it as a MID-TERM-BUDGET-TAX and also by borrowing from the other agencies say like the I.M.F and some other Banks, even a SOFT-TERM loans from the other countries through their Government.

This budget for the FIRST time has sighted for reducing the FISCAL DEFICIT to 6.8%. That means it is reducing it’s borrowing from the other sources by FIFTY PERCENT. THIS IS A HUGE –HUGE- REDUCTION . This will EASE the National Banks of India , be it the Public Sector Bank and the PRIVATE BANKS to BREATHE VERY FREELY.The CASH-RESERVE RATIO in the BANKS will be completely under the Control  and the RSERVE BANK OF INDIA will get more power and control over the FUND-MANAGEMENT and this will allow the Banking system to do it’s business in a more easy and a meaningful manner.

The TREPECUSSION of this Fiscal system will mean and aim at the fact that the BUDGET WILL TAKE CONTROL OF THE SITUATION FOR ANOTHER  “ TWO – YEARS ” .It means that the CONTROL of the MONEY by the BANK under the RESERVE BANK will do it’s job in an manner that for another two years even if there is a CRUNCH SITUATION if the nation faces like the ONE it faced during the present COVID time or that it faced when the entire WORLD BANK and it’s functioning had COLLAPSED in 2008 to the period of 2010 , the country will have enough of cash reserve to pull it through for ANOTHER TWO YEARS from then.

 THIS IS TREALLY A HOPE-BREATHING-AND-LIFE-INJECTING- BUDGET-WHICH GIVE-THE-HOPE-TO RELIVE-AFTER-LIVING- ONCE.It is a COMMANDABLE EXERCISE that the Budget gives any HOPE to survive and live to about 90 crores of the people who earn between Rs 1500=00 oer month to about Rs 1.25 lakhs of salary per annum.

“ OSTENTATIOUS” is the word that can really be affixed to this budget. I use that word because the RESERVE SURPLUS would be within the GRIP and the GRASP of the Government for the next two years. GREAT in any way and in any matter to say the least.

INFRASTRUCTURE :: HEAVEN HERE ON THE EARTH.

One very commendable feature that I find in this budget is the amount of money that would be spend on the infra-structure of this country. When I speak about infra-structure , I only talk and speak about the ROADS, the, HIGHWAYS, the PORTS, the RAIL LINE, the Improvement in the Railways Stations, the Airports, the Ports, the Inlands and the WATERWAYS, the SEAWAY etc that will get a new look and the fillips that it would receive when thee would be put under renovation and construction.The huge number of labours employed, the huge quantaum of professionals employed and the materials hat would be required by this sector will give many a LIFE to the manufacturing units that would supply the materials in this sector and this will ultimately not only provide a HUGE employment but also will bring many kind of revenue to the Government as well as to the one’s that is related or that aids the Government .

 THE ULTIMATE GAINERS WOULD BE THE STOCK RATES OF THIS ECTOR AND THIS AGAIN AUGURS SO WELL FOR THOSE WHO WOULD DEAL IN THE STOCKS OF THE INDUSTRIES THAT CONNECTS ITSELF TO THE SECTOR AS WELL AS THE ONE’S WHO INVEST THEIR MONEY IN THE BANKS ON THE HEADS THAT ARE RELATED TO THE STOCKS OF THE BANKS THAT THEY HAVE IT TO GIVE IT TO THE INVESTORS WITH THE BANK

I can FULY envisage that the SYSTEMATIC INVESTORS at the BANKS will see a GREAT fortune for themselves in the next one year. The emphasise will be on the EMPLOYMENT and the employment market would see many opportunities that would open the avenues to the passout’s from the Colleges and Universities.

Another GOLDEN feature of this budget that gives such a lot of hope to RELIVE after ONE-LIFE is the kind of money that it puts in the HEALTH SECTOR.

The HEALTH SECTOR ;;

From the figure present I see that the HEALTH SECTOR has been budgeted at about 2.23 Lakhs of crores for the year 2021-2022. This has included the DRINKING WATER and the SANITATION.

 THIS IS FOR THE FIRST TIME IN THE HISTORY OF INDIAN BUDGET THAT THE DRINKING WATER, IT’S PROVISION AND THE SANITATION IS BEING TAKEN IN THE ANNUAL BUDGET INCLUSIVE AND INCLUDED UNDER THE HEALTH . This is SOMETHING which INDIA has placed to the WORLD to SEE, LEARN and FOLLOW and the WORLD to EMULATE.

GREAT JOB DONE Mrs SITARAMANJI.

Now let us talk about the Capital Expenditure. Let us know what is the CAPITAL EXPENDITURE is.

CAPITAL EXPENDITURE-::

Well, here is what the Capital Expenditure is all about-::

Capital expenditure is the money spent by the government on the development of machinery, equipment, building, health facilities, education, etc. It also includes the expenditure incurred on acquiring fixed assets like land and investment by the government that gives profits or dividend in future. 

The Budget estimate of the government's capital expenditure for the year 2020-21 was Rs 1,084,748 crore.

 IT NOW HAS BEEN RAISED TO ABOUT 5.54 LAKHS CRORES .What has been the RAISE in this sector . Well it is as follow-:

a). Budget on Capital Sector for the year 2020-2021 was :: 1.085  Lakhs of Crores

b). Budget On Capital Sector for the year 2021-2022 is :: 5.54 Lakhs of Crores  

Differential Increment on the same = 5.54- 1.085 = 4.455 Crores

Percentage of the RISE of INVESTMENT in this sector is = 4.455/1.085 X100= 410.59%

 I HAVE NEVER IN MY LIFE FOR THE LAST 39 YEARS SEEN THIS KIND OF A BUDGET WHICH ACCOUNTS FOR ABOUT 410.59% OF RISE IN ONE OF THE SECTOR AND THAT TOO THE CAPITAL EXPENDITURE BEING IT’S HEAD.

This opens the avenue’s not only for the sectors in individuals like the machinery, equipment, building, health facilities, education, etc as cited but it gives a fillip to the sectors through this sectors like the INSURANCE, the SMALL SAVINGS say the savings in the POST OFFICE  the INVESTMENT in the UTI, in the other Financials sectors beside the UTI to say as an example for the people to invest .These sectors which I have stated the POST OFFICE  , the UTI , the other Financials sectors will now see their business surging up as ther people will now feel CONFIDENCE to invest their money in these sector.

 THE MANUFACTURING SECTOR WILL FIND ITSELF GETTING 1.97 LAKHS OF CRORES FOR IT TO RUN ITSELF .This will enable the SMALL SCALE INDUSTRIES, THE MINI SCALE  INDUSTRIES, the COTTAGE INDUSTRIES to cite as an example to START WITH A FRESH LIFE AND BOOM THEMSELVES FOR THEM TO GET ON WITH THEIR BUSINESS .

 Insurance Sector :: OFFSHOOT OF THE CAPITAL EXPENDITURE  

 The MOST important that one finds that the INSURANCE SECTOR will have about 74% of DIRECT FOREIGN INVESTMENT. This competition will see the INSURANCE SECTOR  raising the EFIICIENCY and ther QUALITY of their BUSINESS which will see the MARKETING of their business coming up with many a marketing plans which will take care of the SAFETY of not only the LIFE of an individuals but it also will see the LIFE being added to the disaster after ONE faces a CALAMITY or a DISASTER while doing his business.

Rupees Five lakhs To The Depositors/Investors If They Loot The Bank >>>>>>>

It is the CAPITAL EXPENDITURE that the Government has formulated which give it a GREAT HOPE to QUELL any CHALLENGE that it would face if a BANK goes INSOLVENT or faces the DOOM as it faced when GREATS like Vijay Mallaya or Neerav Modi whisked away looting those Banks like anything.The NEW BUDGET based on the HOPE and the CONFIDENCE that it raised from the revenue that the Government would collect from the CAPITAL EXPENDITURE - would now PAY upto Rs FIVE LAKHS to those who have deposited their money at the BANK, be it the PRIVATE , be it the PUBLIC SECTOR if it goes to the state of INSOLVENCY or if somebody loots the bank and puts the investor’s in all sort of QUANDARY.

It is here that the Insurance Sector will have a GREAT role to play when it comes to the foreplay to INSURE any such eventualities that may accrue by the Bank. This will also help the BANK to invest on the STOCKS of the Indurance and VICE-VERSA.The sector of Insurance will really get a huge big boost and fillip to surge ahead in a very confident manner . This one also is a FEATURE ie the taking care of the INSOLVENCY or the LOOTS of the BANK by the Government and paying them a residual coverage of Rs FIVE LAKHS is FOR THE FIRST TIME BY ANY GOVERNMENT IN THE WORLD and Mr Modi as well as his MINISTRY which also included Mrs Sitaramji would now be the TOAST-OF-THE-WORLD for their BUDGET PLACEMENT and preparation of the same on the house.

Revenue Expenditure ( To be taken from here )

Let us understand first what is the Revenue Expenditure. Revenue expenditures are short-term expenses used in the current period or typically within one year. Revenue expenditures include the expenses required to meet the ongoing operational costs of running a business, and thus are essentially the same as operating expenses .It could be defined as defined as the summation of all expenses incurred by a business through the course of production of its goods and services. They are considered significant for generating revenue in a given accounting period .

This income of the Government at times falls short of many a reason. Some of them could be the CALAMITY that we could watch and see it during the times of the COVID.At these kind of a times, the Government is in no strength to do anything to get the business and to roll the money out of it as the production and the market shrinks or takes a different route altogether.

It is during these kind of a calamity that the Government needs money to meet it’s day tp day expenses and the method has to be made to generate the source of Income.. WELL HOW TO DO IT.

There are some mode and a few method that this Government has come up with to meet these kind of eventualities if at all if that again comes to the fore to the Government to face it and the means that this Government has ascribed are-:

A ).Borrow from the market

B). Sell the Assets of thre Government , like say sell the units of the Public Enterprises which the Government may think to sell them in the open market for example the Sale Of Air-India.

C ) . Disposing the Share and the debentures of the Government Owned Companies.

 

Notable Feature -:

The present Government is THINKING about forming a “ ASSET MANAGEMENT & ASSET RECONSTRUCTION COMPANY

This would be under the Government and this body will thoroughly study the various modalities of the Government managed organization, and their mode of doing the business. It would recommend the various changes that would be required in terms of bringing about the necessary working principles and it’s structure to see that the Government owned organization runs in the manner to manage it’s business and it’s profit in a structured manner following all the rules of the policies of the business.

It would completely do it’s research and it’s work on the feasibility and adaptability to recommend the way for these organisations under the Government to run it’s business on the most  modern scale of management .It is only when these organization fails to scale itself up to the requirement of these necessities to shore themselves upto the requirement and if at all if they find that these organization ought to be sold, than these organisations would be disposed to the public to but them.

It would be the job of these Asset Management and the Asset Reconstruction companies to take over the bad loans and the debts of the Public Limited Companies,  and to put them in the proper shape of the frame to run them for the business to sustain and generate their own profit to maintain themselves or to study their feasibility and dispose them in the open market .

 THIS IS ONE OF THE BEST STEP THAT HAS BEEN THOUGHT OF TO IMPLEMENT THEM , IE THESE KIND OF A RECONSTRUCTION MANAGEMENT UNIT BY THE GOVERNMENT TO BALANCE AND CHECK THE GOVERNMENT UNITS BEFORE THEY ARE DONE AWAY WITH.

However- the one’s who are employed or engaged to do this should be as GOOD as the one’s who are from the McKensy’s of U.S.A.Their brilliance and their insight as well as the THOUGHTS should be as good as the one’s who WORKED for the McKensy’s and who made the units at U.S.A to be what they are now, be the Google, be it anything like the same.

In India we select the RESERVED one’s , give them the preference over the REST and the BEST and at last we see the BUTTS of every JOKE coming out of the same. Our policy appears to be very EXCELLENT on the paper be it the USELESS CONGRESS putting it on the paper, be it the Anti-Congress putting it on the paper but when it comes to it to expedite the result we find that the one’s who are at the work to do that , they hardly understand the difference of the words like – RIGHT, RITE, WRITE , WRIGHT, OR THE DIFFEERNCE BETWEEN THE WORDS BRITE, BRIGHT . The END RESULT is - :

The BRIGHT which we choose makes the things the RITE . Rituals and the RITES are there in plenty at India .It starts with the WORD “ OM ”  and ends up with the word “ SHANTI-SHANTI ” . There are NO-END to the OM-SHANTI that we have done it to some of our GREAT business units belonging to the Government .The result was because the BRIGHT dragged it to the stage of the RITE and the Air-India is a brilliant example of the same. NO BODY WANTS TO TOUCH IT NOW.The TATAS are showing some interest but again some politicians are POKING their nose to make the things worst. Mind you the Air-India was gifted to India by the TATAS to Mr Jawaharlal Nenru to run it for India but when they want back their own gift that they awarded to Mr Nehru , the politicians are  creating a NUSANCE over it now. THAT IS WHAT THE POLITICS OF INDIA IS.

It is because we have the reservation policy and that or those who are the beneficiary, are the one’s who write BOARDING AND LODGING as BOARDING AND FOODING. I have seen a PLENTY of them and they make it to the TOP , because of the ROASTER policy that the Congress Governemnt under the Narsimha Rao had implemented and this is ROASTING India, I say- so WATCH OUT Madam Nirmala Sitaraman and Mr Narendra Modi. It is the INTEREST of these ROASTER-ROASTING, India, and the ROASTED minds which is running the Government organisation sitting there, right at the top which is responsible for all the RITES that the Government has to face while runnimng their units owned by them and to see the RED that comes out of the same. 

 “ DO NOT PUT YOUR FOOT/FEET ON THE SAME RIDGES AS THE CONGRESS AND THAT IS A ADVISE ” . 

Let us now analyse the relief that the citizen would accrue as a benefit passed out to them from the Income-Tax and it’s relief that the Government wishes to give it to them.

It is observed that the tax slab remains the constant. Now this has to be termed as something a BIG-HEART that the Government has shown. In this time of Covid, the overall production on the nation , be it in any field of production has dipped and it is below the normal 4.5% which should be the actual production if the GDP of India which says that it is between the 7.0 to the 7.5 points. This is what is always the Indian Government declares it.

In my own opinion when I look into the  INFLATION, the rate of the interest that the bank DONATES to the saving one’s with them , and the prices of the GOLD that rules the market, my own SENSE says that it never crosses more than 5.6% at the maximum. Even if I take the service sector contributing to the maximum of 1.5% of the GDP points, it should be somewhere equal to 7.1% but the service sector is almost ZERO. To cite an examples are the BSNL and the Air-India. I do not know what kind of a figure emerges out of the same but OK I take it to the maximum point of 6.0 % per year.

With such a poor production that happened in the last trading year when exactly the COVID hit India during march and it is still with it’s WORK IN PROGRESS, the production definitely will NEVER hit the maximum mark of 4.0 on the GDP dscale.

With such a meagre production, it cannot be envisaged that the Government had earned anything out of the same. Yet when it came to the I-T slab, the Government showed a BIG-HEART  when it kept the I-T slab and it’s deduction at the same place where it had kept it in the last  year.

However the Government needs also to earn for itself. This, to be correct, , one cannot ignore. Keeping that in the account and the mind, the Government has decided to , on the “ PF ” and “ GRATUITY ” -:

1). From now onward will deduct the TAXES at the or on the principles of TAX DEDUCTION AT SOURCE

This one has to agree on the fact that the Government was forced to take this step to boost and enhance it’s own earning so as to meet it’s expenditure to run and manage it’s own business.

2). The Senior Citizen Aged Over 75 Years will NOT be penalized for any deduction on IT & PF

Those citizen who are INDIANS will NEVER and NOT be PENALISED by the Government and they would not see the BLUES or the scars in terms of them or their PF and GRATUITY  being deducted by the principles of the Tax Deduction at Source

This is a RELIEF that could be considered as very GOOD as a THOUGHT by the Government.

3). Relief Of Double taxation on the Non-Resident-Indians

The Indians who would settle abroad and would also have their holdings over here would visit this place when they felt visiting their place. The income that they would earn at abroad at their place of residence, there, would be taxed by the Government of that country. Now, whenever they would visit India, they would bring in the remains of the booty here to put them at the Banks over here at India. That again would be taxed on the slabs of the income they showed it to the authorities and the tax would be implied upon them.

 THIS METHOD OF DOUBLE TAXATION NOW WILL NOT APPLY ON THEM.However the INTEREST accrued on it would be educted at the TDS that would be implied on it as well.

 THIS IS A GREAT RELIEF TO THE NON-RESIDENT INDIANS.

They will now , NOT, be a DOUBLE-TAX PAYER, once paying the taxes at the place at abroad where they live to work, and again here when they come here, for a short duration of time,  but the TDS rules will apply to them if they deposit their income at the bank and get the interest out of the same.

4). CESS ie, the AGRICULTURE CESS on PETROL  

This is a GREAT “ RISK ” that the present Government has taken. The prices of petrol has REACHED to the UTMOST upper point of the saturation. The same applies for the DIESEL as well. Anything over the SATURATION point completely BLOWS OFF the BODY as they say.

To control that the SHAPE of the thing ought to be TRIMMED or else the disease that occurs would KILL the body. This is the RULE of BIOLOGY that tells all about the BODY and this is the RULE of the BUSINESS which foretells that the TRIMMING ought to be precisely done after reading the MARKET.

 THE MARKETING PARABLES TOO ADVOCATES THE SAME ABOUT IT.

Here in India the prices of petrol is such that anything priced over the present ruling price will bring about too many a bad repercussions to the Government. However the main cause of the CONCERN are the FARMERS.

If they are NOT remunerated – and if they are not paid the MINIMUM SUPPORT PRICE adequately, it will KILL these SOUL and the Government needs the money at the SOURCE and at the TIP of the point when they  come to sell their produce in the market . How to generate to income for them to meet this expenditure. The EASY way out is the PETROL and the DIESEL and the income that the Government that it generates out of the same.

 HOW COULD IT BOOMERANG , WELL THAT IS A SUBJECT WHICH I WOULD WRITE IT ON, LATER but at this point of time the Government has TAKEN a calculated amount of risk to apply the Agriculture cess of 2.5% on the price of diesel and petrol. This is somewhat the concern.

5). No “ CONCESSION ” or discount on the Education

This is again a CONCERN which might hit the Government maybe at a later stage, and the Government ought to RETHINK on the same as well in the due course of time

We call it as the MID-TERM budget. This budget takes place in a very SMALL manner when there are some changes brought into the budget of a very perennial nature to get rid of some perennial problems that causes some concern to the business of the Government of the day and these mid term budget neutralizes that in a manner which is always the best of the solution that the ruling Government provides. This as said is always done by the mid-term budget

The difficulty that the average Indian now is facing is or are-:

A ). The JOB after completion of the studies and

B ). The mode or the mean to somehow allow the children’s to complete their study in a manner which could be termed as affordable.

Over the years the education , becvause it has become a BUSINESS is  finding it very easy to CHOP the studies of most who come from either the poor family, or the families who could be termed as the lower middle income group , the middle income group or maybe also the next layer that is above the middle income group .

Some thought and consideration could have been given by the present Government to pass on some discount or the concession to those families which has THREE or even more child that goes to either the College or to the Schools for the same.

The present rate of the education system that charges the TRAFIIC for the fees are very exorbitant and without a Government succor or the aid it would become very HARD and IMPOSSIBLE for these families to send their childrens for good education at the good Colleges , Universities or the school. This is one sector that the Government needs to rethink and come out with a plan that would be considered as an EFFECTIVLE PLAN FOR CONCESSION ON EDUCATION. This is the NATIONAL need and NOT a HOLISTIC one as one might call it or think upon it.

This problem is plaguing ever since 1982.That was the time when the Congress Government under Mrs Indira Gandhi came out with an OPEN-EDUCATION plan.It was done because the Government did not have the capacity to open out any new Colleges, or any new educational institute to impart quality education.

The NETT RESULT was that the FILTHY-RICH which also included the MP’s and the politicians came out with many new Colleges in almost  every sector of education to run their educational institution to impart education to the one’s who needed it. However NOTHING in terms of the FEES RATIONALISATION was done from that point of a time to this.

Now has come the time to take a CONCRETE decision on the same to regulate and control this s sector which imparts education but NOT on a scale which could be termed as ECONOMICAL. The course FEES are extra heavy for the parents to bear and the future in terms of the jobs are NOT predicament  to assure or to make sure of it’s final outcome in terms of the job that would fetch them a quick return of the money that they spend on the education and all about a good job for a good future.

This is actually a SECTOR which the Government the present one  IF IT WORKS TO THROW OUT A SOLUTION WOULD BRING A GRAND NEW REVOLUTION THERE AT THE WORLD FOR MANY TO PARISE IT FOR THE FUTURE.

THE AIRE OF THE “ AREA ”  GRAVE CONCERN

TAXES ON SOME FOOD ITEMS

There are certain food  items where the present Government has imposed a HEAVY AGRICULTURE CESS .

To cite an example- there is a AGRICULTURE CESS of 20% on the Masur Dal. This they have done to get that amount or the money from the one’s who purchase that for consumption and then to pay it back to the farmers.

This is a MEAN and a METHOD t collect the money or the necessary amount required  for paying the  Minimum Support Price  to the farmers when the Government would fix that price for the farmers to get it for selling their produce and if the Government or the Government agencies buy it directly from the Farmers then they have that money at their hand to pay it to the farmers.

Now this again is a calculated amount of a GREAT RISK that the Government has taken and if it burdens the Government in the days to come by any UNTOWARD means then they will have to restrategise their norms and the modes on the same during the mod-term budget.

However it is said that WORTH TAKING A RISK RATHER THAN NOT TAKING IT AT ALL . In that manner the risk that the Government has taken could be construed as a GOOD one but then it also would require to keep a tab on such a scheme that it has implied to work upon it to bring out a mode of reducing it at the time felt worth and necessary.

NEW LEASE OF LIFE TO THE AUTOMOBILE SECTOR

It is necessary and it was necessary to REJUNEVATE the dying automobile sector. All the MARKET gambit that related to the AUTOMOBILE and it’s sector has failed. It has failed because ever since the Maruti tok over the Indian market way back in the 1995’ it started bringing about many a marketing plan to sell their brand of cars and the others first followed that and then they countered the challenge of the  Maruti brands of the cars, by bringing foer themselves all the parallel products which gave a heavy JIFF to the Maruti’s .

Every model of the cars which were and which are NOT suited to ply here on the Indian roads then came into the picture and on the Indian roads and thereafter the market saturated to the hilt .That made the pollution as the central figure to deal with.

None of the cities that exist in the world are more dangerous than the big cities of India wher the level of pollution is such that today there are more than the cases of TUBERCULOSIS than compared to the COVID.

It was required to think on those lies first. This Government did it correct to ABANDON and SQUASH or QUASH those unnecessary vehicles which are as good as old by TWO decades and the commercial vehicles which are as old as by 15 years or ONE-AND-A-HALF decades.

This is a belligerent step and now this will open up the sale and the avenues for NEW models of the vehicle as well as the vehicles to find themselves on the Indian roads as the NEW VEHICLE PURCHASED. This will PROP up the sale of the vehicles at India.

ADVISE TO THE INDIAN GOVERNMENT

Some thought and consideration could have been given by the present Government to pass on some discount or the concession to those families which has THREE or even more child that goes to either the College or to the Schools for the same.

The present rate of the education system that charges the TRAFIIC for the fees are very exorbitant and without a Government succor or the aid it would become very HARD and IMPOSSIBLE for these families to send their childrens for good education at the good Collegers , Universities or the scholl. This is one sector that the Government needs to rethink and come out with a plan that would be considered as an EFFECTIVLE PLAN FOR CONCESSION ON EDUCATION. This is the NATIONAL need and NOT a HOLISTIC one as one might call it or think upon it.

This problem is plaguing ever since 1982.That was the time when the Congress Government under Mrs Indira Gandhi came out with an OPEN-EDUCATION plan.It was done because the Government did not have the capacity to open out any new Colleges, or any new educational institute to impart quality education.

The NETT RESULT was that the FILTHY-RICH which also included the MP’s and the politicians came out with many new Colleges in almost  every sector of education to run their educational institution to impart education to the one’s who needed it. However NOTHING in terms of the FEES RATIONALISATION was done from that point of a time to this.

Now has come the time to take a CONCRETE decision on the same to regulate and control this s sector which imparts education but NOT on a scale which could be termed as ECONOMICAL. The course FEES are extra heavy for the parents to bear and the future in terms of the jobs are NOT predicament  to assure or to make sure of it’s final outcome in terms of the job that would fetch them a quick return of the money that they spend on the education and all about a good job for a good future.

This is actually a SECTOR which the Government the present one  IF IT WORKS TO THROW OUT A SOLUTION WOULD BRING A GRAND NEW REVOLUTION THERE AT THE WORLD FOR MANY TO PARISE IT FOR THE FUTURE.

THE AIRE OF THE “ AREA ”  GRAVE CONCERN

TAXES ON SOME FOOD ITEMS

There are certain food  items where the present Government has imposed a HEAVY AGRICULTURE CESS .

To cite an example- there is a AGRICULTURE CESS of 20% on the Masur Dal. This they have done to get that amount or the money from the one’s who purchase that for consumption and then to pay it back to the farmers.

This is a MEAN and a METHOD t collect the money or the necessary amount required  for paying the  Minimum Support Price  to the farmers when the Government would fix that price for the farmers to get it for selling their produce and if the Government or the Government agencies buy it directly from the Farmers then they have that money at their hand to pay it to the farmers.

Now this again is a calculated amount of a GREAT RISK that the Government has taken and if it burdens the Government in the days to come by any UNTOWARD means then they will have to restrategise their norms and the modes on the same during the mod-term budget.

However it is said that WORTH TAKING A RISK RATHER THAN NOT TAKING IT AT ALL . In that manner the risk that the Government has taken could be construed as a GOOD one but then it also would require to keep a tab on such a scheme that it has implied to work upon it to bring out a mode of reducing it at the time felt worth and necessary.

NEW LEASE OF LIFE TO THE AUTOMOBILE SECTOR

It is necessary and it was necessary to REJUNEVATE the dying automobile sector. All the MARKET gamuit that related to the AUTOMOBILE and it’s sector has failed. It has failed because ever since the Maruti tok over the Indian market way back in the 1995’ it started bringing about many a marketing plan to sell their brand of cars and the others first followed that and then they countered the challenge of the  Maruti brands of the cars, by bringing foer themselves all the parallel products which gave a heavy JIFF to the Maruti’s .

Every model of the cars which were and which are NOT suited to ply here on the Indian roads then came into the picture and on the Indian roads and thereafter the market saturated to the hilt .That made the pollution as the central figure to deal with.

None of the cities that exist in the world are more dangerous than the big cities of India wher the level of pollution is such that today there are more than the cases of TUBERCULOSIS than compared to the COVID.

It was required to think on those lies first. This Government did it correct to ABANDON and SQUASH or QUASH those unnecessary vehicles which are as good as old by TWO decades and the commercial vehicles which are as old as by 15 years or ONE-AND-A-HALF decades.

This is a belligerent step and now this will open up the sale and the avenues for NEW models of the vehicle as well as the vehicles to find themselves on the Indian roads as the NEW VEHICLE PURCHASED. This will PROP up the sale of the vehicles at India.

ADVISE TO THE INDIAN GOVERNMENT

Here I would like to advise the Indian Government that in the far most mofussil and the Villages, the farmers and the one’s who sell milk for their living, they earn anything between Rs 5000=00 per month to about Rs 8,000=00 per month to live.

They prefer to buy thise kind of vehicles say the moped, or the scotters where they tie thir produce that they wish to sell and take it to the mandies within a radius of 25 kilometers from the places that they live.

The milk seller tie their milk drum and move about from houses to the house and from the shops to the shops within a radius of 2k kilometers from their house to sell the milk. They make a living out of the same.

My advise to the Indian Government is these kind of vehicle maybe given the permisiion for them to use it in the moffusils and the villages far away from the main city. The extensions for them could be thought of for another FIVE years.

These kind of vehicles may be plied only in the places that I have mentioned and NOT in the city at all.

Te Government would do well to take an undertaking from those using these kind of vehicles to use it only within their limit at the moffusils and the villages and not to take them in the city at all. Also the limit that these vehicles could ply ought to be within the limit of their region covering a radius of 25 kilometres. This will help these PEASANTS or the POOR to get that aid for their business to run and for them to survive.

IT IS THIS POINT WHEREIN THE GOVERNMENT OUGHT TO RETHINK ABOUT THEM

THE ACTUAL GOVERNMENT EXPENDITURE AND THE PRESENT INCOME

The actual Government expenditure is Rs 34,13,236 lakhs of crores and the government of it’s own can without a whiff earn about that amount , however the debts are to be taken into account

The “ BAD-DEBTS ” which are the BALANCE OF TRADE is one which the present government has to really think about and rethink of covering it so as to bring it down by atleast 2% of the OVERALL NETT BUDGET .This is a HUGE BIG figure and the THOUGHTS ought to be put into that.

Only the enhancement of the PRICES of PETROL to cover up the DEFICIT is NOT the solution. I HAVE WRITTEN ONCE AND AGAIN I REWRITE- THE PETROL PRICES HAS REACHED TO A POINT OF SATURATION AND MORE ON THE PRICE HIKE WILL BURST THE SCENE AND THE ATMOSPHERE.

Now has come a TIME when the Government has to CONCRETELY think of EXPORTING to reduce the BAD DEBT by atleast two percent every business trading year. This income will add about 0.25% to the wallet of the Government which again would be a huge big amount for the Government to swell it’s total in the bank.

IF NOT NOW-NEVER THIS COUNTRY WOULD BE FREED OF EXTERNAL DEBTS WHICH ARE BAD DEBTS.

This ought to be thought about and given a mind to work on the same. On my own experience the time has come for India to take over and rethink about it TURNKEY PROJECTS in as many as SEVENTY countries which are based in the African Continent, the other extreme of the Latin American continent and in some of the region in the Petro Dollars nation, and the Oceanic Zone of the Australian continent.

The concentration ought to be on the export of RAILWAY COACHES, the DEFENSE RELATED ITEMS and on the machineries manufactured by the one’s like the B.H.E.L to start with and there of course are the products like the milk produces from the N.D.D.B, the edible oils manufactured and produced at the N.D.D.B  to cite as an example. There are about 117 items that India can export .But the price and QUALITY ought to be taken care of. When it comes to Indian they hardly bother either about the price or the quality.This is where this nation has lost out to even a poor country like Bangladesh which has a GDP more than that of India and who constantly beats the Indian exporters of the garments. THIS IS A SHAME ON US.

It is that the  BALANCE OF TRADE AND THE BALANCE OF THE PAYMENT THAT OUGHT TO BE EQUALISED BY A PROPER EXPORT RDUCING THE IMPORT.

Whatever Economivcs that I have learned or worked upon in my career, if this sector is taken seriously and the  BALANCE OF THE PAYMENT IS REDUCED PER ANNUM BY TWO PERCENT PER YEAR SIMPLE INTEREST COMPOUNDED, than this NATION under this Government will really achieve a kind of a CREDIT that even the WORLD BANK will bite it’s finger in excitement and surprise to see that happening for the FIRST time ever by a DEVELOPING NATION.

India is no more a UNDER DEVELOPING NATION. However India is NOT a DEVELOPED STRONG nation economically. The GDP from the farminmg sector does not even contribuyes to about TWO PERCENT on an averahe on the scale to help the Governmet at all but we have the MOST of the LAND, the MOST of the COWS, BUFFALOES and ther OX as well as the bull. We have the most of the water which flows without yielding anything from ot.

It is all because  WE AS A NATION HAVE  NEVER GIVEN ANYHTHOUGHT ON THE INCOME FROM THE AGRICULTURE DESPITE THA FCAT WE ARE A AGRICULTURE BASED ECONOMY AS A COUNTY.

We fell upon the INDUSTRY which is not our LIFE-BLOOD and will never be at any point of a time.This is the reason that we spend too much on the industries  from the smaller one to the largest one without getting any benefit out of the same.

Some of the defense related industries has NOT contributed ANYTHING at all to this country but has been pumped all the time to produce defense related items which only serves our need for the defense and not to the people at all. That again needs to be looked upon.

A time has come for India to starg selling the defense elated items to the countries- as many as 117 countries that would lie to buy that from India.All the EXPORT PROMOTIONAL COUNCILS that was set up by the Congress in between 1956 to 1986- DOES THOSE SEVENTEEN COUNCILS THAT WORKED ON THE EXPORT RESEARCH STILL EXISTS. That again needs to be be found out.

If they are still at WORK – what are they DOINF. “ JAPO-NARAYAN-NARAYEN-SWAMI-RE -SWAMI ” is not that we pay our tax for , for the Government to amass those and pay to these units.They need to work upon . The question is WHAT HAVE THEY DONE FROM 1956 TO 1986 AND WHAT ARE THEY DOING NOW.That requires an ANSWER and that RWQUIRES an action.

OK- the MUTE point is Mrs  NIRMALA SITARAMANJI HOW ARE YOU GOING TO DEAL WITH THE BALANCE OF PAYMENT .

Once this is taken care off- THERE WOULD BE A SPLURGE OF THE TOURISM ACTIVITIES IN INDIA AND THAT AGAIN WILL BRING MILLIONS OF DOLLARS TO THIS COUNTRY. The Government ought to take a cognizance and an action on the same. More about it by my write up in the later stage when I write it on tourism.

SOURCES OF DEFICIT FINANCING

The business always has a RISK. That is the risk which unknowingly many a times comes to plague the business. The element which takes a beating is the INCOME or the CASH-FLOW that we would like to call it.

Inflow of the cash is not only important but this has to be put in the correct and the appropriate sector for the money to rool-on and to RE-ROLL .That is what is the business required to keep the Government on the roll.

 WHAT ABOUT ANY PREDICAMENTS HITTING THE BUSINESS  OR INDICES WHICH TAKES A WRONG TURN

If that situation occurs then what could the Government do to take care of the huge population of this country to keep it ABLEST and ATLEAST breathing with LIFE and HOPES.

The Government has announced that it would , then - :

!). Borrow the money from the market. This could be as well as borrowing it from the sources outside this country

2). The Provident Funds of the State Government that has accumulated the money of it’s employee could be used and the money taken in as a LOAN from the Government of that state.

3). The Government will look for the money to come to it’s coffer from the EXTERNAL DEBTS.

4). The securities from the small scale savings would be the source to provide that kind of a loan to the government

5). Draw down the cash balance .That is to put a ceiling on the balance of everybody those have their saving accounts in the Bank.

ADVISE TO THE GOVERNMENT

Time has come for you to think about taking the LOANS from the TEMPLES and from the other trusts that controls the place of the WORSHIP. These units may have money and the cash together with the GOLD much more than the SWITZS Banks could have the unaccounted money accumulated by the DEVILS-OF-THE-INDIANS. This need to be used and time has come for the Government to think on the same.

A SOFT LOAN with a minimal interest could be paid to them for withdrawing the cash from these units of PRAYERS where the people offers so much that they do not even offer anything like that and anything like it to any other units that really requires the help of the people for them to survive.

 It is that the  BALANCE OF TRADE AND THE BALANCE OF THE PAYMENT THAT OUGHT TO BE EQUALISED BY A PROPER EXPORT RDUCING THE IMPORT.

Whatever Economics that I have learned or worked upon in my career, if this sector is taken seriously and the  BALANCE OF THE PAYMENT IS REDUCED PER ANNUM BY TWO PERCENT PER YEAR SIMPLE INTEREST COMPOUNDED, than this NATION under this Government will really achieve a kind of a CREDIT that even the WORLD BANK will bite it’s finger in excitement and surprise to see that happening for the FIRST time ever by a DEVELOPING NATION.

India is no more a UNDER DEVELOPING NATION. However India is NOT a DEVELOPED STRONG nation economically. The GDP from the farming sector does not even contributes to about TWO PERCENT on an averahe on the scale to help the Government at all but we have the MOST of the LAND, the MOST of the COWS, BUFFALOES and the OX as well as the bull. We have the most of the water which flows without yielding anything from it.

It is all because  WE AS A NATION HAVE  NEVER GIVEN ANYHTHOUGHT ON THE INCOME FROM THE AGRICULTURE DESPITE THA FACT WE ARE A AGRICULTURE BASED ECONOMY AS A COUNTY.

We fell upon the INDUSTRY which is not our LIFE-BLOOD and will never be at any point of a time. This is the reason that we spend too much on the industries  from the smaller one to the largest one without getting any benefit out of the same.

Some of the defense related industries has NOT contributed ANYTHING at all to this country but has been pumped all the time to produce defense related items which only serves our need for the defense and not to the people at all. That again needs to be looked upon.

A time has come for India to starg selling the defense elated items to the countries- as many as 117 countries that would lie to buy that from India. All the EXPORT PROMOTIONAL COUNCILS that was set up by the Congress in between 1956 to 1986- DOES THOSE SEVENTEEN COUNCILS THAT WORKED ON THE EXPORT RESEARCH STILL EXISTS. That again needs to be be found out.

If they are still at WORK – what are they DOINF. “ JAPO-NARAYAN-NARAYEN-SWAMI-RE -SWAMI ” is not that we pay our tax for , for the Government to amass those and pay to these units.They need to work upon . The question is WHAT HAVE THEY DONE FROM 1956 TO 1986 AND WHAT ARE THEY DOING NOW. That requires an ANSWER and that RWQUIRES an action.

OK- the MUTE point is Mrs  NIRMALA SITARAMANJI HOW ARE YOU GOING TO DEAL WITH THE BALANCE OF PAYMENT .

Once this is taken care off- THERE WOULD BE A SPLURGE OF THE TOURISM ACTIVITIES IN INDIA AND THAT AGAIN WILL BRING MILLIONS OF DOLLARS TO THIS COUNTRY. The Government ought to take a cognizance and an action on the same. More about it by my write up in the later stage when I write it on tourism.

SOURCES OF DEFICIT FINANCING

The business always has a RISK. That is the risk which unknowingly many a times comes to plague the business. The element which takes a beating is the INCOME or the CASH-FLOW that we would like to call it.

Inflow of the cash is not only important but this has to be put in the correct and the appropriate sector for the money to rool-on and to RE-ROLL .That is what is the business required to keep the Government on the roll.

 WHAT ABOUT ANY PREDICAMENTS HITTING THE BUSINESS  OR INDICES WHICH TAKES A WRONG TURN

If that situation occurs then what could the Government do to take care of the huge population of this country to keep it ABLEST and ATLEAST breathing with LIFE and HOPES.

The Government has announced that it would , then - :

!). Borrow the money from the market. This could be as well as borrowing it from the sources outside this country

2). The Provident Funds of the State Government that has accumulated the money of it’s employee could be used and the money taken in as a LOAN from the Government of that state.

3). The Government will look for the money to come to it’s coffer from the EXTERNAL DEBTS.

4). The securities from the small scale savings would be the source to provide that kind of a loan to the government

5). Draw down the cash balance .That is to put a ceiling on the balance of everybody those have their saving accounts in the Bank.

ADVISE TO THE GOVERNMENT

Time has come for you to think about taking the LOANS from the TEMPLES and from the other trusts that controls the place of the WORSHIP. These units may have money and the cash together with the GOLD much more than the SWITZS Banks could have the unaccounted money accumulated by the DEVILS-OF-THE-INDIANS. This need to be used and time has come for the Government to think on the same.

A SOFT LOAN with a minimal interest could be paid to them for withdrawing the cash from these units of PRAYERS where the people offers so much that they do not even offer anything like that and anything like it to any other units that really requires the help of the people for them to survive.

PERSONAL ASSESMENT OF THIS BUDGET

This budget-:

1). Revives a great HOPE

2). This budget open up many a AVENUES for the START UP of new business in almost every  sector that starts from the SMALL SERVICE to the Small scale to the BIGGEST one.

3). This Budget raises a vision that would create a huge big employment

4).The INFRA STRUCTURE of India and the money that has been outlayed for the purpose of every project gives an chance for the manufacturing units to start with a new life and a new hope that the employment will be from the deep root part to the highest point that envisages and throws opportunities to the employment.

5).This budget evens out and creases all the doubts that lingers on the cushioning of the money that the people would earn but it also puts in the IMPLIED TAXES in some forms for the Government to earn from the savings that are restored at the Banks. The personal savings etc now needs to be ROLLED out by the people for the business or the Government would take something out of the same to put it in the business..

6).This budget openly WARNS and SAYS to the GOVERNMENT EMPLOYEES in all the SECTOR- SHAPE OUT OR SHIP OUT.

That is either WORK to make your own enterprises a MANAGABLE ONE in terms of running and maintaining your business and to make a living  out of the same OR FACE CONSEQUENCES if we SELL these RED MARKED units for you to face the dire consequences.

OVERALL WARNING THAT THIS BUDGET SERVES TO THE NATION

NO MORE SPOON FEEDING. THOSE DAYS ARE OVER.

MARKS THAT COULD BE GIVEN TO THIS BUDGET

The minimum that could be be given is 50/100 and the MAXIMUM is 65/100 . Put it to any GREAT Economist- he will scale this budget in the same lines and THIS IS FOR THE FIRST TIME THAT SUCH AN EVENLY PLACED BUDGET IS PUT TO THE NATION.

This BUDGET just SIGNIFIES one aspect of human hope and that is  WORK AND ENJOY THE FRUIT OF LABOUR.It gives equal chance to every sector to come out of the SHELL and start working for an eventful future. That is the real ASSET that this budget provides.

IT IS A “ HUMAN DEVELOPMENT ”  BUDGET WHICH WE SEE IT FOR THE FIRST TIME.

For all these years from 1983 till now we could only see the DEFICIT BUDGET which was only AIMED at the provisions to increase the cash flow for the Government then. This budget gives a open chance and it throws many a avenue for the employment that we see it and that would FINALLY raise the QUALITY of LIFE which we call it as the HUMAN DEVELOPMENT. This is a SIGNIFICANT factor that the Budget envisages and proposes as well as throws it to the people of India.

MANY, MANY and MANY A THANKS TO Mrs NIRMALA SITARAMAN, TO THE ENTIRE STAFF WORKING UNDER HER , AND TO PRIME MINISTER Mr MODI AS WELL AS Mr AMIT SHAH TO SELECT THIS LADY AS A “ FINANCE MINISTER ” WHO WAS A “ BUTT ” OF ALL THE JOKES BUT WHO REALLY FOR THE FIRST TIME PROVED THAT - ::

“ ORDINARY ARE BLESSED WITH EXTRA-ORDINARY CAPABILITIES TO PRODUCE MAGICAL RESULTS ”

To BELITTLE her achievements there are some NEWSPAPERS from the South whose ARSE always keeps on burning when they see the BJP doing GREAT jobs as these are the CONGRESS-LICKERS maybe their BOOTS, maybe their ARSE which even wrote that-;

 IT WAS Mr CHIDAMBARAM WHOSE BUDGET WAS BETTER THAN THIS ONE WHEN HE PUT HIS BUDGET IN THE HOUSE ON THE PROPSED DATE IN 1997.

 WHEN WAS Mr CHIDAMBARAM A UNION FINANCE MIUNISTER IN 1997 UNDER Mr VAJAPAYEE. IT WAS YESHWANT SINHA.

Writing is a JOB which REQUIRES 1000% of KNOWLEDGE so PERFECT that it ought to beat the PROGRAMME INPUTS of the COMPUTER and then it has to be written appropriately and correctly for the people to read and say-:

                                           WELL WRITTEN. . 

Simply holding a PEN in the HAND does not means that IT IS MIGHTIER than the SWORD as these are the era of MISSILES and the ROCKETS that BOMBARDS. The SWORD has LOST it’s PLACE but the BRAIN NEVER WILL, mind you.

Now comes the CHICKEN-65 and it’s parables. In 1965 , then Mr Lal Bahadur Shashtri, after the war against Pakistan, prepared a BUDGET which included him, his daughter, and a couple of the officials who and  which were attached to the Finance Minister then, Mr Yashwant Rao Chavan.

He prepared such a beautiful budget that when he discussed it with Mr Radhakrishana , the President then just to pull his leg said JOKINGLY-:

LAL, YOU HAVE PREAPRED A BUDGET WHICH COULD BE CALLED AS CHICKEN – 65 . It is such a TASTY and a BEAUTIFUL budget that you have prepared, but , I guess you have not put any PIGEON in it.

Pigeon was the BIRD which nearly took the LIFE out of Mr Shashtri when he was a kid. He was, from Varanasi shifted ther his maternal Uncle’s place at Allahabad for his higher studies. His Uncle caught PARALYSIS and was ordered by a VAID to CONSUME PIGEON MEAT and to rub the BLOOD of the slayed pigeon on those part where the body remained unnerved .

Mr Shashtri was DEAD against the pigeons being slayed.He propsed to his maternal Uncle that HE WOULD MASSAGE HIS BODY EVERYDAY FOR A HOUR EACH IN THE MORNING AND EVENING but his words had no effect on the Uncle. Lal Bahadur Shashtri then took to an ANDOLAN that these KASSANS at Delhi just cannot do it.

 HE STARTED FASTING TILL DEATH. Stop slaying the PIGEON or see me dead. The family including the Uncle had to bow down to the demand of Lal Bahadur and that was NO KILLING ANY LIVES FOR ANY KIND OF MEDICAL TREATMENT . This story of Mr Lal Bahadur Shashtri then had become a NATIONAL TALE of sacrifice to save the LIVES and that too of the one’s like the pigeon.

Mr Radhakrishnan always would tease him, jokingly as such, about PIGOEN-CHICKEN CURRY to eat them for HEALTH but this man would look at him with surprise and his gesture would say to Mr Radhakrishna MAJAK REHNO DOH BHAI.

This is the tale of the CHICKEN-65 which in actual was thre BUDGET that was personally prepared by Lal Bahadur Shashtri to be put on the floor of the House then on March 31st 1966.His untimely death on January 11th 1966 took that honour away for garlanding Mr Yashwant Rao Chavan to put that budget in house and that BUDGET really put India on the FEET.

It is after 56 years that a BUDGET now that has been read in the HOUSE has beaten that BUDGET which the Indian ten had labeled it as BUDGET-65 which then had put India on the WHEEL of progress .

 THIS UNION BUDGET AFTER THE COVID – 19 HIT IN TERMS OF THE PLANS HAS BEATEN IT AND THERE LIES THE HOPES FOR THE NATION TO RUN ON THE WHEEL PROVIDED IOTA OF WORK LOAD IS EXPEDITED AND PEOPLE WORK ON THIS THAT WHO  WORKS

Congress- then WORKED on it and it succeeded and this Government has to work on it , 40 times more than the Congress had worked on it then to see the results coming out and if they do it-:

HAPPY DAYS ARE HERE AGAIN.

For that was the CHICKEN-65 then and for this is the FLAVOUR of that we get it from this BUDGET. Hard work is needed to translate it into SUCCESS.

Well , that is it and That sums it all.

Regards and Thanks

Pics



Shyamal Bhattacharjee 

Mr Shyamal Bhattacharjee, the author was born at West Chirimiri Colliery at District Surguja, Chattisgarh on July 6th 1959 He received his early education at Carmel Convent School Bishrampur and later at Christ Church Boys' Higher Secondary School at Jabalpur. He later joined Hislop College at Nagpur and completed his graduation in Science and he also added a degree in    B A thereafter. He joined the HITAVADA, a leading dailies of Central India at Nagpur as a      Sub-Editor ( Sports ) but gave up to complete his MBA in 1984 He thereafter added a Diploma In Export Management. He has authored THREE books namely Notable Quotes and Noble Thought published by Pustak Mahal in 2001 Indian Cricket : Faces That Changed It  published by Manas Publications in 2009 and Essential Of Office Management published by NBCA, Kolkatta  in 2012. He has a experience of about 35 years in Marketing .






Signature Of Shyamal Bhattacharjee 

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 A))) To Be Continued Further 

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