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RE:RED MONKEYS
by vikas k gupta on Jul 09, 2008 02:40 PM

Joseph,
Good one, though u cud ve added that the Inflation is no less attritutable to The Left. They hv opposed disinvestment in profitable PSUs, even from 95-100% to 75-80%. There was no logic about their opposition as Govt share wud hv still been more than 75% ?! This wud hv given the Govt about 30-50,000 Cr money which cud hv helped fund the Farm Loan Waiver. Now the govt cannot reduce taxes/duties to bring down the fuel/steel/cement prices due to the need for allocating 71,000 Cr for the waiver !

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Left leaders at Rashtrapati Bhavan