Whatever is free is squandered. When water is free, it’s wasted. When electricity is free, there’s no motivation to use it wisely. The same holds true for money. If money is free in the hands of politicians/bankers, there is no motivation to invest it wisely.
Government Becomes a Laughing Stock! Even though the government has extended the due date for individual taxpayers to file an income tax return (ITR) till December 31, it is imposing a 1% interest for each month of delay beyond the original July 31 deadline.
People don’t change when they have options. They change when they don’t have an option.
If the government lays its full power on this and does not permit either unions or the bureaucracy or the opposition to disrupt its plan, this will certainly be a game-changer for the Indian economy. Otherwise, it will be nothing but the disposing of the family silver. And the mere dismantling of public sector undertakings that have played a crucial role in nation-building will prove poisonous for the country.
Finance Minister Nirmala Sitharaman said the MSP regime has undergone a “sea change” to assure price at least 1.5 times of production cost with a
