Truth is that economics is politics. But, unfortunately, politics has been and is economics in our context. Big budgets does not mean good budgets. If that were true USA would boast of best budgets. Size of budget is normally directly proportion to the value of Money. For example AP state has a budget over one lakh crore. It is a budget that is mirror image of land costs in a village called Kokapet or Maheshwaram etc, and nothing more or nothing less. The measure of budget success shall be how much a person increased his savings and purchasing power at the market rates be it services or goods with out looking for subsidies. About poor, the poor shall be able to improve their living stadards with out compromising on health and education needs of their's. The effect of econonic and financial governace shall be such that the ability of market to determine best price to their (poor households) services and goods such that other economic process will leave scope to meaningfully saving by the poor which again means the surplus (Value of earnings and the consequent propoensity to save/ increased disposable income for poor). As of present poor are earning better rates of wage, but not good enough for any savings or even living in healthy environment.
