Document Fragment View
Fragment Information
Showing contexts for: Inclusive Growth Story in Further Discussion On The Budget (General) For 2008-09; Demands For Grants On ... on 14 March, 2008Matching Fragments
*SHRI PRALHAD JOSHI (DHARWAD NORTH): The Budget presented by Shri. Chidambaramji, has many rhetorics like the growth story is continued and more inclusive growth story.
It is really self-complimentary that the country has been maintaining on an average 8.8% growth rate which the Finance Minister terms as the ever high.
I really congratulate Shri. Chidambaramji at least for one reason that he is presenting consecutively fifth Union Budget. But for this Budget I specially congratulate him for at last looking to the distress of the farmers and for his sop-opera of 60,000 crores worth loan waiver to Indian farmers. But whether this move really is going to wipe the tears on the face of farmers and liberate them from the ever griping clutches of distress and crisis is a matter to be seen.
Q. NO. 1. What is the correct position of the total outstanding overdue loans of farmers taken from institutional financers including commercial banks cooperatives and others ?
Q. NO. 2. How is the magical figure of 60,000 crores is arrived at?
Q. NO. 3 Where does this huge amount come from?
Q. No. 4 Whether the FM clarifies the categories of loans covered by this waiver package?
Inclusive Growth Story: Coming back again to 9% economic growth that is more inclusive. I would like to draw the attention of the FM to a very interesting figure in this regard. "About 836 million people in the country are spending less than Rs. 20 per day can we call it as inclusive growth! The FM and PM owes a specific reply to this aspect of over economy. At one side we have been maintaining 9% growth at another end this is the situation. What kind of economy we are nurturing? What is the solution for this?