Munda Mopi's Passion Project Screws Up India's Economy

[Betting Bangarraju]

[b] [u][size=5]Food Bill is the biggest mistake India might have made till date[/size][/u][/b]

[u][size=5][img]http://www.firstpost.com/wp-content/uploads/2013/08/sonia3802.jpg[/img][/size][/u]

Historians often ask counterfactual questions to figure out how history could have evolved differently. Ramachandra Guha asks and answers one such question in an essay titled A Short History of Congress Chamchagiri, which is a part of the book Patriots and Partisans.

In this essay Guha briefly discusses what would have happened if Lal Bahadur Shastri, the second prime minister of India, had lived a little longer. Shastri died on January 11, 1966, after serving as the prime minister for a little over 19 months.
The political future of India would have evolved very differently had Shashtri lived longer, feels Guha. As he writes “Had Shastri lived, Indira Gandhi may or may not have migrated to London. But even had she stayed in India, it is highly unlikely that she would have become prime minister. And it is certain that her son would have never have occupied or aspired to that office…Sanjay Gandhi and Rajiv Gandhi would almost certainly still be alive, and in private life. The former would be a (failed) entrepreneur, the latter a recently retired airline pilot with a passion for photography. Finally, had Shastri lived longer, [url="http://www.firstpost.com/topic/person/sonia-gandhi-profile-2030.html"]Sonia Gandhi[/url] would still be a devoted and loving housewife, and [url="http://www.firstpost.com/topic/place/rahul-gandhi-profile-22423.html"]Rahul Gandhi[/url] perhaps a middle-level manager in a private sector company.”

But that as we know was not to be. Last night, the Lok Sabha, worked overtime to pass [b][url="http://www.firstpost.com/topic/person/sonia-gandhi-profile-2030.html"][color=#b22222]Sonia Gandhi[/color][/url][color=#b22222]‘s passion project[/color][/b], the Food Security Bill. India as a nation has made big mistakes on the economic and the financial front in the nearly 66 years that it has been independent, but the passage of the Food Security Bill, might turn out to be our biggest mistake till date.
The Food Security Bill guarantees 5 kg of rice, wheat and coarse cereals per month per individual at a fixed price of Rs 3, 2, 1, respectively, to nearly 67% of the population.

The government estimates suggest that food security will cost Rs 1,24,723 crore per year. But that is just one estimate. [url="http://www.indianexpress.com/news/manmonias-fsb-3--of-gdp/1138195/0"]Andy Mukherjee, a columnist with [i]Reuters[/i][/url], puts the cost at around $25 billion. The Commission for Agricultural Costs and Prices(CACP) of the Ministry of Agriculture in a research paper titled [url="http://cacp.dacnet.nic.in/NFSB.pdf"]National Food Security Bill – Challenges and Options [/url]puts the cost of the food security scheme over a three year period at Rs 6,82,163 crore. During the first year the cost to the government has been estimated at Rs 2,41,263 crore.
[url="http://www.indianexpress.com/news/manmonias-fsb-3--of-gdp/1138195/0"]Economist Surjit Bhalla in a column in [i]The Indian Express[/i][/url] put the cost of the bill at Rs 3,14,000 crore or around 3% of the gross domestic product (GDP). Ashok Kotwal, Milind Murugkar and Bharat Ramaswami c[url="http://www.financialexpress.com/news/correct-costs-of-the-food-security-bill/1156251/0"]hallenge Bhalla’s calculation in a column in [i]The Financial Express [/i][/url]and write “the food subsidy bill should…come to around 1.35% of GDP, which is still way less than the numbers he(i.e. Bhalla) put out.”

[color=#a52a2a][u]The trouble here is that by expressing the cost of food security in terms of percentage of GDP, we do not understand the seriousness of the situation that we are getting into. In order to properly understand the situation we need to express the cost of food security as a percentage of the total receipts(less borrowings) of the government. The receipts of the government for the year 2013-2014 are projected at Rs 11,22,799 crore.[/u][/color]

[url="http://www.firstpost.com/wp-content/uploads/2013/08/food-afp2.jpg"][img]http://www.firstpost.com/wp-content/uploads/2013/08/food-afp2.jpg[/img][/url]
Food security will also mean a higher expenditure for the government in the days to come. AFP

The government’s estimated cost of food security comes at 11.10%(Rs 1,24,723 expressed as a % of Rs 11,22,799 crore) of the total receipts. The CACP’s estimated cost of food security comes at 21.5%(Rs 2,41,623 crore expressed as a % of Rs 11,22,799 crore) of the total receipts. Bhalla’s cost of food security comes at around 28% of the total receipts (Rs 3,14,000 crore expressed as a % of Rs 11,22,799 crore).

[Sidhu...Sidhaarth Roy]

title keka [img]http://lh3.ggpht.com/-iaOjlbCfNLI/UYa74Y0r4II/AAAAAAAAAUk/EGIJiKFu7AA/s150/PK.gif[/img]

[jersey babai]

[img]http://lh3.ggpht.com/-iaOjlbCfNLI/UYa74Y0r4II/AAAAAAAAAUk/EGIJiKFu7AA/s150/PK.gif[/img]

[losser]

[quote name='Betting Bangarraju' timestamp='1377616646' post='1304169666']
[b] [u][size=5]Food Bill is the biggest mistake India might have made till date[/size][/u][/b]

[u][size=5][img]http://www.firstpost.com/wp-content/uploads/2013/08/sonia3802.jpg[/img][/size][/u]

Historians often ask counterfactual questions to figure out how history could have evolved differently. Ramachandra Guha asks and answers one such question in an essay titled A Short History of Congress Chamchagiri, which is a part of the book Patriots and Partisans.

In this essay Guha briefly discusses what would have happened if Lal Bahadur Shastri, the second prime minister of India, had lived a little longer. Shastri died on January 11, 1966, after serving as the prime minister for a little over 19 months.
The political future of India would have evolved very differently had Shashtri lived longer, feels Guha. As he writes “Had Shastri lived, Indira Gandhi may or may not have migrated to London. But even had she stayed in India, it is highly unlikely that she would have become prime minister. And it is certain that her son would have never have occupied or aspired to that office…Sanjay Gandhi and Rajiv Gandhi would almost certainly still be alive, and in private life. The former would be a (failed) entrepreneur, the latter a recently retired airline pilot with a passion for photography. Finally, had Shastri lived longer, [url="http://www.firstpost.com/topic/person/sonia-gandhi-profile-2030.html"]Sonia Gandhi[/url] would still be a devoted and loving housewife, and [url="http://www.firstpost.com/topic/place/rahul-gandhi-profile-22423.html"]Rahul Gandhi[/url] perhaps a middle-level manager in a private sector company.”

But that as we know was not to be. Last night, the Lok Sabha, worked overtime to pass [b][url="http://www.firstpost.com/topic/person/sonia-gandhi-profile-2030.html"][color=#b22222]Sonia Gandhi[/color][/url][color=#b22222]‘s passion project[/color][/b], the Food Security Bill. India as a nation has made big mistakes on the economic and the financial front in the nearly 66 years that it has been independent, but the passage of the Food Security Bill, might turn out to be our biggest mistake till date.
The Food Security Bill guarantees 5 kg of rice, wheat and coarse cereals per month per individual at a fixed price of Rs 3, 2, 1, respectively, to nearly 67% of the population.

The government estimates suggest that food security will cost Rs 1,24,723 crore per year. But that is just one estimate. [url="http://www.indianexpress.com/news/manmonias-fsb-3--of-gdp/1138195/0"]Andy Mukherjee, a columnist with [i]Reuters[/i][/url], puts the cost at around $25 billion. The Commission for Agricultural Costs and Prices(CACP) of the Ministry of Agriculture in a research paper titled [url="http://cacp.dacnet.nic.in/NFSB.pdf"]National Food Security Bill – Challenges and Options[/url]puts the cost of the food security scheme over a three year period at Rs 6,82,163 crore. During the first year the cost to the government has been estimated at Rs 2,41,263 crore.
[url="http://www.indianexpress.com/news/manmonias-fsb-3--of-gdp/1138195/0"]Economist Surjit Bhalla in a column in [i]The Indian Express[/i][/url] put the cost of the bill at Rs 3,14,000 crore or around 3% of the gross domestic product (GDP). Ashok Kotwal, Milind Murugkar and Bharat Ramaswami c[url="http://www.financialexpress.com/news/correct-costs-of-the-food-security-bill/1156251/0"]hallenge Bhalla’s calculation in a column in [i]The Financial Express [/i][/url]and write “the food subsidy bill should…come to around 1.35% of GDP, which is still way less than the numbers he(i.e. Bhalla) put out.”

[color=#a52a2a][u]The trouble here is that by expressing the cost of food security in terms of percentage of GDP, we do not understand the seriousness of the situation that we are getting into. In order to properly understand the situation we need to express the cost of food security as a percentage of the total receipts(less borrowings) of the government. The receipts of the government for the year 2013-2014 are projected at Rs 11,22,799 crore.[/u][/color]

[url="http://www.firstpost.com/wp-content/uploads/2013/08/food-afp2.jpg"][img]http://www.firstpost.com/wp-content/uploads/2013/08/food-afp2.jpg[/img][/url]
Food security will also mean a higher expenditure for the government in the days to come. AFP

The government’s estimated cost of food security comes at 11.10%(Rs 1,24,723 expressed as a % of Rs 11,22,799 crore) of the total receipts. The CACP’s estimated cost of food security comes at 21.5%(Rs 2,41,623 crore expressed as a % of Rs 11,22,799 crore) of the total receipts. Bhalla’s cost of food security comes at around 28% of the total receipts (Rs 3,14,000 crore expressed as a % of Rs 11,22,799 crore).
[/quote]



rendu mukklo cheppu mayya

[KJagan]

naaku matter endho telvadh kaani ee LM mana deshaani M guduputhundhiiiiiiiii adhi maatram 100% correct

mana desham maro Liberia lekka tayaraathandhiiii

[media]http://www.youtube.com/watch?v=ZRuSS0iiFyo[/media]

[sid_22]

Unbelievable........ evado oka gandhi LK ee lucha daanini thenguthe............ ippudu idi 1.2 billion people ni modda gudustundi..... ee italy L@nja M@nda ni choostuntene naalo oka type of sadism & BP perugutundi.....[img]http://stream1.gifsoup.com/view1/1869274/brahmi-angry-o.gif[/img].... Chi denemma jeevitham.

[Betting Bangarraju]

[quote name='kasamisa' timestamp='1377617685' post='1304169752']



rendu mukklo cheppu mayya
[/quote]

Rendu Mukkalu: Read Title

[Betting Bangarraju]

[quote name='KJagan' timestamp='1377618244' post='1304169806']
naaku matter endho telvadh kaani ee LM mana deshaani M guduputhundhiiiiiiiii adhi maatram 100% correct

mana desham maro Liberia lekka tayaraathandhiiii

[media]http://www.youtube.com/watch?v=ZRuSS0iiFyo[/media]
[/quote]

By Next month there are bright chances for $1 = Rs. 70. Confirmed.

[Jatka Bandi]

[quote name='sid_22' timestamp='1377618646' post='1304169848']
Unbelievable........ evado oka gandhi LK ee lucha daanini thenguthe............ ippudu idi 1.2 billion people ni modda gudustundi..... ee italy L@nja M@nda ni choostuntene naalo oka type of sadism & BP perugutundi.....[img]http://stream1.gifsoup.com/view1/1869274/brahmi-angry-o.gif[/img].... Chi denemma jeevitham.
[/quote]Italy meda patriotic feeling and family ni champesaru ani emanna pettukuni ila chestundi antava?

[Mustodi_2ndsetup]

[img]http://i.imgflip.com/1w2z8.gif[/img]

[Betting Bangarraju]

[quote name='bantrothu bullabbai' timestamp='1377620407' post='1304170053']
Italy meda patriotic feeling and family ni champesaru ani emanna pettukuni ila chestundi antava?
[/quote]

Idi sachche mundu moththam British rule petti vellela undi. Inko few months lo moththam thelipothundi. $1 = Rs. 70 ante Ika alochinchuko. 1 GBP ante already Rs. 100 daatipothundi. And easy ga vallu vochchi rule chestharu.

India lo already ekkada padithe akkada dochukuni thintunnaru. PRathidaaniki tax lu, VAT, BAT, MAT, CAT ani anni 10guthunnaru. VEllaki kavalisina rules vellu frame chesukuni janalani peekkuthintunnaru.

GOD SAVE INDIA anthe.

[ManOnFire]

[Betting Bangarraju]

[quote name='ManOnFire' timestamp='1377622132' post='1304170261']

[/quote]

You Love India ? Or You Love Sonia ? .... [img]http://lh3.ggpht.com/-iaOjlbCfNLI/UYa74Y0r4II/AAAAAAAAAUk/EGIJiKFu7AA/s150/PK.gif[/img]

[Anta Assamey]

Effect already ninna Stock Market and Dollar meda kanipinchindi kada...[img]http://i47.tinypic.com/4s086h.gif[/img]

[puli raaja]

[quote name='sid_22' timestamp='1377618646' post='1304169848']
Unbelievable........ evado oka gandhi LK ee lucha daanini thenguthe............ ippudu idi 1.2 billion people ni modda gudustundi..... ee italy L@nja M@nda ni choostuntene naalo oka type of sadism & BP perugutundi.....[img]http://stream1.gifsoup.com/view1/1869274/brahmi-angry-o.gif[/img].... Chi denemma jeevitham.
[/quote]
[img]http://www.desigifs.com/sites/default/files/ipcent.gif?1290164779[/img]