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Sir, our agricultural growth fell to 1.6 per cent in 2008-09. When we are facing serious inflation in our economy, there is no policy. I would like to pose certain questions to the hon. Finance Minister during this discussion on the Supplementary Demands for Grants (General). What is the main policy of the Government to check inflation and price rise? What is the current scenario regarding the Public Distribution System that the Government is placing before the House? The Public Distribution System is now in a mess. As you know, Sir, high inflation rate has not been checked because of four reasons. The first one is new liberal policies of the Government; the second one is the weakening of the Public Distribution System; the third one is the failure to check hoarding; and the fourth one is increase in the fuel prices.
Sir, I would like to know for whom the Government is placing this Supplementary Demands for Grants (General). For whom are we trying to collect the resources? The resources should be collected to check inflation. The resources should be utilized for the Public Distribution System. The Public Distribution System should be strengthened. On the other hand, the Government is trying to disinvest these public properties only to accumulate this wealth for the privatisation of the industries of our country, which is very shameful. That is why I believe that the Government would change this policy; it would take the path for universal Public Distribution System; and it would only open the doors of the public sectors for the general public.
Sir, I strongly feel and believe that if the UPA rule continues, India will become what we want – a superpower within two to three decades. This is not my projection. This projection has been found in various media of other countries.
The growth rate is steadily increasing; inflation is being checked effectively. India’s foreign exchange reserves are in a very comfortable position. Recently, we could purchase more gold/bullions, more than what we had sold during the then Janata regime.