Today was the last day of 14thLok Sabha. It is may be just a week before notification for general election by CEC. Mr. Finance Minister cum Mr. External Affair minister cum Mr. Proxy Prime Minister (Mr. Pranab Mukharjee) announced Rs. 30,000 Cr . tax relief, Mr. Home Minister announced 6% hike in DA (on the same day when the inflation recorded at the lowest level in the last 12 months), Mr. Petroleum Minister is hinting one more price cut and Mr. Commerce Minister announced some relief for exporters by announcing a duty cut. All this could have and should have been done earlier and not on single day. Now that the elections are near, we may see another round of these popular announcements happening. Though these steps are necessary there is a grey side to this as well. Fiscal deficit is going to be really something to be seriously worried about.
It is very difficult to understand why you need to hike DA of central government employees; when 30% to 40 % salary hike was given to them (6th pay commission) not long back. When the price of crude oil has stabilized at around $40 since last two months and already prices have been reduced twice in the last month, was one more price cut required? Of course I am happy personally with the price cut but may be it is not good for the country’s financial health.
The question is how long our governments are going to politicize the reliefs given to common man without rationale behind it. The bigger question is how long we, the people of this great nation being fooled by our governments.