Sir,
With reference to the information provided to general public through media during last some days I have to express my views on “GDP, political parties and sops” as below :-
Only five months ago BJP and Congress were fighting over GDP 8% 7.5% or 7.3% was achieved in Congress or BJP rule.
After victory in Assembly Election 2018, Congress Governments in Chattisgarh MP and Rajasthan have waived loans advanced to farmers during last four years. Cumulative waived amount is more than Rs 4100 crore. Now BJP is thinking of waiving farming loans in the States ruled by it, under pressure of Congress and for winning 2019 elections, taking total to Rs 14 lac crores.
To make up this loss, Govt shall go after the real income earners/savers for more tax. Indian political parties have been using taxpayers money just to distribute sops to win elections.
Economic justice, development and growth is nowhere. Can India compete with China ?
Avtar Singh
(KAS Retd) Makhanpur ( R S Pura)