Every one is grudging when subsides in different forms are given to
the poor and call it an unproductive expenditure and burden on the exchequer.
But when tax incentives running into several crores of rupees is announced for
the corporate sector , it is accepted as a suitable economic measure to
accelerate growth as if, the
gains of growth are shared by them with every section the population. If
that is the case, India will not be holding the rank of 56 in income inequality. In fact, it is the land, mining, water and sand mafia ,
aided by the corporate sector , are instrumental in making the politicians and the
beauracrates corrupt. The direct result
of black money is inflation and the burden of inflation is more on the poor. Hence
any measure to accelerate growth and control inflation should strike at the
roots of black money.
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