So, some people will take risks, develop expertise, work hard and build factories and businesses, while others, who have not contributed, developed themselves, and are parasites to society, have to be accommodated through socialist redistribution. Supposedly this inclusive growth will maintain social stability. All it will do is promote 'government dependency' and perpetuate reservations and the like for ever. Sonia Gandhi, brought up on the European welfare state, expects huge welfare measures in India. She should look at what is happening to Europe because of the long term effects of those unsustainable measures. People should educate themselves and their families and take charge of their own lives and destinies, rather than live forever on government largess. India is not at a stage where this can be sustained. Let not the short term FX reserves fool you. There is a move to use the sale proceeds of PSUs to massively fund social welfare programs. It should be productive investments.
Measures to be adopted by Govt. To reduce fiscal deficit.
The govt. Should look at the following methods to shore up revenues instead of always hiking the prices, to reduce the deficit.
1) The first & foremost is govt.policies should be framed in such a way that they ensure to get due share while allocating natural resources to private companies instead of giving away at through away prices. This helps in generating crores of rupees for govt. which can be used for generating employment and improve infrastructure. 2)Many unwanted subsidies like Rs.1/ per kg.rice, free power to farmers, should be immediately scrapped and others to be rationilised.
3)Also the govt. should ensure that schemes made by it for poor people are delivered to them only but not for ineligible candidates.
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