Sunday, September 4, 2011

Why There is so much False propaganda by corporate sector to reduce fiscal deficit and its target etc.


CII , ASSOCHEM - all these associations of private businesses;
have no business but to misguide the nation about so called
bad state of Government spending etc. whereas it is corporate which needs
to reforms itself and contribute something positive to nation and not become
beneficiary of privatization and looting natural resources and land in Free.

According to  Karma's theory , these  are the next batch of people who will
soon be dethroned and will be living ordinary lives like how descendants
of princely states are living in India.

Below are data of Fiscal deficit 4.12 Lakh Crore which is just
2.5 imes of Scam by A. Raja.

India's External debt is also only 10 Lakh Crore which is
67 times less than US external debt which is 671 Lakh Crore

Why do our politicians and Corporate hide all these glory
of Indians from India ?

Why do our politicians and corporate India try to make simple facts
so difficult so far  ??

Whom they are feared of  ?  - Are they feared of confidence
and awakening of common man?

Whom they are saving? Which countries they are saving?
Which countries  these people have their stakes in?

It is so easy for us to repay our external debt and take care
of our fiscal deficit even RIGHT NOW , even before
we have not received all the Indian black money abroad and in India.

So why our Politicians and our corporate don't speak out and
deprive a common Indian of his glory, status, money, facilities
which he deserves??

=================================
IMF data 2010

    US GDP  = 674 Lakh Crore INR
    India's GDP  = 71 Lakh Crore INR

=================================================
External Debt of USA

4,590,000,000,000 US $  = 14.59 trillion US $ =  671 trillion INR
                        = 671 Lakh Crore INR  (99% of GDP)
         
                         ( 67 times that of India)
                        = 22,36,666  INR  per capita   
        approx                = 22 Lakh INR per capita   
                           
================================================
External Debt of India

237,100,000,000  US $  = 237 Billion Us $ = 10902 Billion INR 
                                                                          = 10,90,200 Crore INR
                                                                          = 10 Lack Crore   INR (15% of GDP)

                                                                          =  8,264 INR per capita
================================================
Budgeted fiscal  deficit  of India in Financial Year 2011-12
is 4.12 Lakh Crores  which can be recovered by avoiding 2-3 scams like that of 2-G
==========================================


Warm Regards
Mr. Bankim Shah

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