09-30-2009, 08:03 PM
X-Posted....
Rama Y posted in BRF:
<!--QuoteBegin-->QUOTE<!--QuoteEBegin-->Something is cooking up in AP congress politics. Interesting times ahead.
On the other hand, AP economy is taking a hit from e-con-o'-mic games of congress govts. Expected cost of power subsidy and purchase is reaching Rs 10,000 crores this year (plan was ~500 crs for the free electricity program). The rice subsidy is reaching ~5,000 cr bill from an estimated cost of ~100 crores. The famous Jalayajnam projects require ~20,000 crores per year. And there are not enough revenues. The state govt is not in a position to pay pensions and salaries on Oct 1st.
Please note: All including MMS, PC, MSAhluvalia were praising YSR for all his subsidy programs in 2009 elections.
For comparison Modi's Gujarat is growing at the same rate, if not better, without all these subsidies.
<!--QuoteEnd--><!--QuoteEEnd-->
Rama Y posted in BRF:
<!--QuoteBegin-->QUOTE<!--QuoteEBegin-->Something is cooking up in AP congress politics. Interesting times ahead.
On the other hand, AP economy is taking a hit from e-con-o'-mic games of congress govts. Expected cost of power subsidy and purchase is reaching Rs 10,000 crores this year (plan was ~500 crs for the free electricity program). The rice subsidy is reaching ~5,000 cr bill from an estimated cost of ~100 crores. The famous Jalayajnam projects require ~20,000 crores per year. And there are not enough revenues. The state govt is not in a position to pay pensions and salaries on Oct 1st.
Please note: All including MMS, PC, MSAhluvalia were praising YSR for all his subsidy programs in 2009 elections.
For comparison Modi's Gujarat is growing at the same rate, if not better, without all these subsidies.
<!--QuoteEnd--><!--QuoteEEnd-->