I have had the chance to assess in detail some of the claims being made by the BJP on the work done by the Congress-led UPA government on the economy, and I think it is safe to say that there is at least one party that adheres strongly to the belief that if you repeat a lie often enough, people will come to start believing it.
Myth 1: The Congress has “mismanaged the economy and it is in recession”
Fact: The BJP’s claim of the economy being in recession is both technically and substantively untrue. India’s average economic growth rate during the five years of the UPA government was 8.5%, compared to 5.8% under the NDA. Even in the last year of the UPA government, when the world economy went into recession, India’s growth remains resilient (and was higher than it was during the NDA regime).
Myth 2: The Congress led government has “hobbled both the organised and unorganised sectors of the Indian economy”
Fact: The growth rate of the industry and services sectors increased from 5.0% and 7.7.% under the NDA to 7.8% and 10.5% under the UPA respectively. In addition, the UPA instituted landmark programmes for the unorganised sector (such as the Rashtriya Swasthya Bima Yojana for workers) which did not exist under the NDA.
Myth 3: The Congress’ “fiscal indiscipline has resulted in frittering away the tremendous gains of the NDA years”
Fact: The UPA has actually reduced the fiscal deficit from 6.0% under the NDA to 4.5% under the UPA. The UPA has done this even as it as substantially increased funds for social programmes such as the SSA, NHRM, NREGA, Bharat Nirman, etc. and has given much higher sums of money to all State governments (Rs 544,000 crore more than the NDA).
Myth 4: The agriculture sector (is) “suffering on account of the Congress’ gross negligence”
Fact: Agriculture growth rate has actually increased significantly under the UPA government to 3.1 % as opposed to 2.3% under the NDA. for wheat and paddy, for example, the MSP was increased by 71% and 68% respectively. The UPA also implemented the historic farm loan waiver programme benefitting 3.68 crore farmer families.
Myth 5: The UPA Government has given a “step motherly treatment to BJP ruled states” during its rule
Fact: The Congress led UPA Government has given more funds to the BJP ruled states than the NDA government even conceived of giving. The Congress-led UPA government increased Central Funding to the four BJP-ruled States . Madhya Pradesh, Chhattisgarh, Gujarat and Rajasthan . by 63% (increase of Rs 73,824 crore) in its tenure, compared to the NDA government.
As always, please feel free to share this document with others, in order to generate informed discussion and decision-making.
When Obama was on the campaign trail, he made many promises to his followers. Since that time, he has reversed course on many public and not-so-public issues. According to a recent Politico.com article, here are some of the more public flip-flops since Obama has taken office. Obama promised to do the following:
I have been planning a trip and doing a lot of research on hotels and places to go and things to do lately.
The best things to do are
1> For the hotel look up the best rates you find online then call the hotel branch directly and talk to the reservations, this almost always works, you get the same rates at a refundable rate and most of the time they include the breakfast as well
2> Hotel Location - look up the location of the hotel and then fire up google earth and look it up. I have found this to be very effective as well in planning
3> Trip Advisor - Of the millions of travel forums out there I have found trip advisor to be one of the best, check them out.
in Upstate Ny a Brinks Armoured truck dropped close to $300,000 on the street in 16 bags.
So we went out to TK’s for the 3rd time again recently. It is at the Hyatt Regency and a Hibachi themed / style restraunt and a set menu for lunch. A Choice of Soup, A salad, Some Sushi the Main course which you go pick and choose what you want and the chef cooks it for you infront of you and then the amazing desert. The Sorbet is to die for
I’ve been busy and lazy, had had a lot to write about and talk about over the past few weeks but something called work has been coming in the way
now that one of my Major projects is almost done I’m BACK !!!
Now this is interesting.
Asus has launched its eco friendly notebook that boasts a chassis made out of Bamboo. You heard it rite, Bamboo.
This is something that has been bugging me for some time and I needed to get this out of my system.Over the years I have been amazed at the the ridiculously high prices the Indian Motoring public has had to pay for the so called premium/premium luxury and only in India kind of super luxury cars.
Yup, You read it right. Given the meltdown in the US and the way sales of GM, Nissan, Toyota, Ford, Chrysler et all are Failing this is what it’s come to.