To quote the speaker- "Just think, there are 2.5 million people in this country who earn over a crore of rupees (Rs 10 million) per annum. Don't you think that's a bit too much for a country that still has millions who can't have two square meals a day?.... Shouldn't there be some restrictions or control over this 'free' and 'easy' flow of money?"
How on earth is THIS the solution to the crisis of inflation in India? Yes, lets punish the rich people who are making money. It is fair to ensure that the money is not being made illegally, but there are other world commodity / fuel price increases at play here. The best the govt. can do is to reduce tax complexity and make sure illegal hoarding, speculation isn't occurring.
RE:Restrict free flow of money?
by nagendra narayan on Jul 17, 2008 09:03 PM Permalink
We in management read about social responsibility of corporates What Ambanis are doing Constructing Palatial buildings Byuing Aircrafts by evading customs duties ( Mind Public Money) and gifting wives Sponsoring I P L never bother about Indian POOR League Throw bomes to shareholders so that they dont bark The ministerhas rightly pointed out about huge payments for poor cricketers who after playing for 100 or 125 days of cricket per annum @ 8 hrs per day live in palatial buildings guarde by armed beauties getting I T exemptions ( THanks to Pawae) Importing luxary cars avoiding customs duties and poor remain poorer Even our great Chandrababu who runs a private dairy sells milk at higest price but when govt owned dairies raises milk price the T D P protests But the party never questions their leader how he is selling at higher rate Hios super market also sells Vegitables Grocories but in public our Naidu garu shed crocodile tears This is democracy and this is how ourpoliticians and corporates fool public
