1) Poor People believe government, politicians and rich people are responsible for their poverty. Poor people don’t try to improve their skills and accumulate money by increasing their earning abilities.
2) Poor people think small, they are happy to find a steady job where they can earn enough to pay all their monthly expenses.
3) Poor People associate with poor people, if most of your friends salary is less than $30000 annually, you will also have the same range of salary most of the time. If you associate with people who are making $300000 annually, you will start to see the possibilities of earning $300000 annually.
It took nearly 21 years for the Government at the Centre Of India to get a revelation that the budget should not be too populist. At the same time the budget has to be strict to control the fiscal deficit and the inflation. Common man with little or no knowledg of public finance or financial ecnomics is at a loss to understand the actual meaning of inflation. To him the non-availability of small coin change or small rupee notes means inflation because he has to spend more than what he wants to have to purchase the commodity he needs. What does demonetisation of 25 paise coins recently mean if not inflation!! Does it not amount to depreciation of the value of rupee by 25%!!! As on today the common man's needs also are market driven and market controlled due to non-availability of small coin change and small rupee notes. My sincere appeal to all is that people should 'awake, arise and stop not' to revert back to strict and true socialistic pattern of society from the present globalisation spirit of liberalisation which is the prome mover of market driven economy and black money stashing in tax havens.
ppl donn mind paying legal direct or indirect taxes if huge hidden indirect tax in under control.
For Example - producers of sugar can keep on waiting years after year for payment of crops which they sell to Mill owners ,and in return they get bullet on their chest where as Mill owners make money ...Sharad pawar is one such mill owner..Mill owners have big money ,bunglow and luxury of life but farmers who supply them raw material do not have basic bread to survive upon.
Due rampant corruption and involvement of babu and neta ppl r forced to live life like dirty water creature.
Re: excise duty
by Bechara Indian on Mar 20, 2012 08:36 PM
There is no point in bringing down excise, what is needed urgently is to clamp down on corruption and bring all the black money deposited in foreign banks, back to India.
Mr. Pranab, Don't give smile, your budget policy is very poor.. you are increasing excise and service taxes so due to this basic things will get expensive.. How can common people survive? is it democracy? you are showing loses but you must know that all loses are due to corruptions not taxes..
out of 15 lakh crore 10 lakh crore for maintaining govt,5 lakh crore for people ,in 5 lakh crore 90% for corruption,how much is for common man(125 crore people)britishers were looting and taking to london,this kale angrej looting and parking in tax havens.when nehru dynasty loot will end.4th richest politician in the world is sonia.
