Barrack Obama may not find supporters of his "stimulus act" to the American economy. But he has serious serious competition in India. Sample the populist measures unvieled by different state governments for the people of their states:
1. Uttar Pradesh: After Dalit reservation, it is time for Upper caste and Muslim quota by Mayawati. Then there are one time settlements of power bill arrears in villages and a relaxation of stamp duty on property registrations from 10% to 7%. Most of the properties bought will be by mayawati anyways.
No one talks of the death of a hard working PWD engineer who was lynched by Mayawati's henchmen.
2. Tamil Nadu: Free health insurance to poor, Rice at 1kg/kilo, free colour TV sets to all households.
3. Maharashtra: More floor space for religious temples, special grants for education institutions of minorities. Mandatory employement of sons of soil (marathi manus) in industries of the state.
4. Andhra: Rs.1 lkah loan waiver for SC/ST/BC and minorities. 9 communities to BCs list.
5. Madhya Pradesh: Wheat @ Rs.2 Kg/Kilo. Farm loans @3%. Rs. 50000 loan waiver for farmers.
6. Rajasthan: 6% DA to state employees, an annual outlay of Rs.17322 crores for development.
7. West Bengal: Rice at Rs.2 Kg/Kilo, 20% pay hike for teachers, Rs.5106 crore fiscal stimulus package.
8. Bihar: Rs.16300 crore for development of 36,500 kms roads, Rs.236 crore steel plant at Bettiah, Schemes worth Rs. 10000 crores in 20 districts
9. Karnataka: Rs.130 crores for Mutts and temples.
In an earlier post, i had mentioned the cost of elections to exchequer and party spends to be around Rs.6000 crores. The figures announced in populist policies is an estimable one. All this a cost to the exchequer and to the taxes that the citizens pay for 543 corrupt / illiterate / inefficient/ unrelentingly shameless representative of the state. ALl this is a bribe to the electorate for which the electorate foots the bill. What recession, Mr. Obama?
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15 years ago
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