Tuesday, May 22, 2012

UPA Govt Year 8

 NDTV is Comparing Govt of India UPA II on these parameters.

  •          14% increase in per capita income 
  •          55% increase in Foreign Direct Investment inflow ($28 billion)
  •          20,502 MW additional power generation
  •          1 lakh crore additional agricultural credit disbursed
  •          $2.3 billion additional revenue generated by the tourism sector
  •          86 lakh tonnes of additional wheat and rice produced
  •          Rs. 30,000 crore hike in social sector spending

Promises Made, Not Kept:
  •          The Lokpal Bill
  •          Foreign Direct Investment in Retail
  •          The Women's Reservation Bill
  •          The Pension Bill and Pension reforms
  •          The Land Acquisition Bill
  •          Goods & Services Tax (GST) Bill

But what is missing is 2 important CAG report

  1. 2G Spectrum
  2. Coalgate

These 2 combined has transhed the India's Image as place to do business. Why is media so biased. These 2 in addition to the previously done

  1. BOFORS
  2. Adharsh Scam
  3. TATRA military Vehicle
  4. Compromise on Nuclear Security
  5. Compromise on Bio-Technology and Genetically modified food
Biggest achievement by Congress in 65 years is Corruption and by UPA in last 8 years is Corruption to unprecedented scale.

If you consider inflation which is at 70% and devaluation of Indian Rupee 14 % per capita income increase is 30% net wealth destruction. If there is per capita increase in income why is more farmers dying of hunger and why is India not among top countries in the WORLD?

If 20,502 MW of power generated then why is some state have acute power shortage? If it generated where is it distributed to?

Here is chart of wealth destruction by congress govt

Rupee Chart since UPA I

when UPA first took office in 2004 the Indian Rupee was at 42 and the present value is 55. Look at the destruction of once wealth in this period. I will leave it to your imagination.


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