Thursday, 18 June 2015

ROBBING THE POOR TO FEED THE RICH - THE GOVERNMENT WAY

There is a proposal for Supplementary Demands for Grants in the coming Monsoon Session of the Parliament. From the recent utterances of the Finance Minister, it appears that the major necessity for the fund is to feed the public sector banks who distributed soft loans to the rich and affluent persons who have no history of repayment and know the ways and means to manage the things. For arranging this huge amount to feed the rich, tax rates of petroleum products are already increased that too at a time cost of raw material crude is falling daily. Otherwise, inflation would have been come down to some extend and the poor would have been benefited. Is there any action taken against those people who sucked the blood of the nation by granting such loans as well as by not repaying it? Why the government is silent on the issue. What is the indication of all these? Is it not robbing the poor to feed the rich?

Also read my other blogs:
http://indiantravelexperience.manjaly.net
http://publiccause.manjaly.net
http://cagreport.manjaly.net
http://centralemployeesnews.manjaly.net
https://www.facebook.com/afraudintheindianconstitution

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