Saturday, March 11, 2006

The subsidy regime

One of the recent report says that if we calculate the total subsidy raj in this country, it is more than One Lakh Crores of rupees. If we look at the census data of this country, the poor accounts 27% of the total population. If we assume our population is 110 crores, the poor men population of this country staggers at 33 crores. The subsidies are meant for the poor people. So if we divide the total money budgeted under the subsidy system with the poor people of this country, what is the amount one should receive under the subsidy raj? If we forget for a moment that there is no Government buraeucracy and the money is directly given to the poor section of this country, I dare, next Forbes' list may have many more Indians!!!!!!!!!!!!!

No comments: