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> this does not even account for 1% of tax spending. Yes, but there are a few other areas that take a major portion of the take spending which we forget to ack
by asenna 10y ago
> this does not even account for 1% of tax spending.
Yes, but there are a few other areas that take a major portion of the take spending which we forget to acknowledge in such discussions because it does not affect us muddle-class / affluent people directly - Defense, subsidy of urea and other rural benefits programs (yes, agriculture is in a mess and a lot more can be done but with the introduction of Aadhaar and Jan Dhan, things are looking up)
> Indian governments (current & previous) has failed its people and its most undeserving of taxes.
Yes the previous government had really fucked up (I tend to think UPA did a decent job in it's first term, it's the second term that they really got greedy and hence their state now), but we should give credit to the Modi government for a lot of the economic reforms of the past couple years.
Please note, I'm pretty neutral on politics and do not stick to one or the other camp. This govt. has messed up on a lot of the social issues (Beef bans and communal tensions, JNU student protest situation, Kashmir violence and many more).
However, on the economic front, India is really moving in the right direction - Focusing on Startups and business friendly policy changes, making brand India attractive to the world (FDI), passing the GST (massive task and looking to be implemented pretty quickly come April), introduction of UPI [1] (this will definitely move the country forward to a more cashless economy), integration of all the digital services (Aadhaar, Digital Locker, etc), black money declaration schemes and prosecutions (The situation on the ground is actually changing, people are much more scared of hoarding black money now) - These are just some of the things off the top of my head (Credit to both the Govt and the RBI).
Don't also forget the aggressive change in stance on how to deal with issues coming from across the border.
Again, there's always going to be a million other things that can be done better. But you have to admit this government is doing a much better job than a lot of previous ones
[1] https://www.quora.com/How-will-the-UPI-interface-of-NPCI-change-the-payments-landscape-in-India https://www.quora.com/How-will-the-UPI-interface-of-NPCI-cha...
- wav-part 10y ago> However, on the economic front, India is really moving in the right direction - Focusing on Startups and business friendly policy changes, making brand India attractive to the world (FDI), The red tapes that should not have exist in first place but yes step in right direction. > passing the GST (massive task and looking to be implemented pretty quickly come April), Its reduction in tax burden (allegedly). > introduction of UPI [1] (this will definitely move the country forward to a more cashless economy), integration of all the digital services (Aadhaar, Digital Locker, etc), More surveillance ? That will only be used for good, right ? > black money declaration schemes and prosecutions (The situation on the ground is actually changing, people are much more scared of hoarding black money now) Depends on who is hoarding. If its your local shop, government has no right to interfere unless what they get from the government is more than what they pay in taxes. You misunderstand my previous comment. I am saying government is like a mob that extort money in return for not f__king your shit up (and that is puttign it lightly). And Indian Governments (from 1950-today) are the biggest the world has ever seen, actively exploiting billion people. I dont think government has inherent right/duty to tax its people or to assume the duty of developing infrastructure etc. In my opinion government has only two task 1. Defend its people. 2. Maximizing profit for its natural resources. Everything else should be left at competing private companies.