Union Budget 2013-14 - How do you feel now?

Union Budget 2013-14

I would say we are digging our own graves. Sad and Pathetic.

FINANCE MINISTER COMMENTS
* "Faced with a huge fiscal deficit, I have no choice but to rationalize expenditure. We took a dose of bitter medicine. It seems to be working."

Below are the Highlights of Union Budget 2013-14 which are to be considered in detail.
SUBSIDIES
* Petroleum subsidy seen at 650 billion rupees in 2013/14
* Revised petroleum subsidy for 2012/13 at 968.8 billion rupees
* Revised 2012/13 fertilizer subsidy at 659.7 billion rupees

POWER AND ENERGY SECTOR
* Zero customs duty for electrical plants and machinery
* Move to revenue-sharing from profit-sharing policy in oil and gas sector
* To equalize duties on steam and bituminous coal to 2 point customs duty and 2 point cvd (countervailing duty)

The fact is we will need more than $75 billion this year and next year to fund deficit. How did we got into this?
This is because of the WRONG SUBSIDY TARGETS we have been focusing on for all these years.

Is there a way out?
The right way to deal the current fiscal deficit is to Fund more on Clean energy, More subsidies on large renewable energy projects. Clean and renewable. A source of energy which never deplete. The major identified Renewable resources of energy are Solar, Wind, Wave and geothermal.

Below is the focus we had received towards clean energy for this budget:


* Finance Minister, P Chidambaram promised to incentivise waste-to-energy projects that would come up through public private partnership mode with city municipalities and are neutral to different technologies.

* A scheme for making of renewable energy cheaper by providing for low interest bearing funds has been announced.

* A 'generation-based incentive' for wind energy projects and provide "Rs 800 cores" to the Ministry of New and Renewable Energy has been propose to reintroduced.

While the Petroleum subsidy seen at "RS 65,000 cores" in 2013/14.

Is this the focus we have for larger renewable energy projects?

If proper resources are utilized for Harvesting just the Solar and wind energy ALONE, the country will be well out of energy crisis without depending on Petrol, Coal or any non-renewable source of energy.

According to an estimate, the railway sector’s demand for electricity will grow by seven percent annually and by 2020 it will have a projected energy demand of 37,500 kWh (million kilowatt hour).

What are we going to do? Burn more coal, buy more crude oil? Or work on renewable energy with which we can sustain the increasing energy demands.

Going back to the  FINANCE MINISTER COMMENTS -  this is not the way to rationalize expenditure.

1 more question. Whose idea was Free-WiFi in trains anyways? Well played. Hope the train TTE doesn't hold the password and we have to pay an extra buck for it.




References:
http://timesofindia.indiatimes.com/business/budget-2013/union-budget/Highlights-of-Union-Budget-2013-14/articleshow/18724197.cms
http://economictimes.indiatimes.com/news/news-by-industry/energy/power/budget-2013-waste-to-energy-to-get-a-boost-benefiting-companies-such-as-jindal-saw/articleshow/18730551.cms
http://post.jagran.com/Railways-power-consumption-increases-by-tenfold-in-last-four-decades-can-nation-afford-it-1341228359#sthash.MHb0EyH6.dpuf

So..What do you do?

India is my country and all Indians are my brothers and sisters.. OK

The National Pledge is an oath of allegiance to the Republic of India. It is commonly recited by Indians in unison at public events, especially in schools, and during the Independence Day and Republic Day Celebrations. It is commonly found printed in the opening pages of school textbooks.

Do you know how the Pledge starts? “India is my country and all Indians are my brothers and sisters….”

Map #1 Shows India before the Indian Independence. There is not a country called Pakistan. We were one.

India was my country and all Indians were my brothers and sisters.

Map #2 Shows India after the Indian Independence in 1947. There is a country called Pakistan. Merely created on the basis of "religious demographics".

The partition of India was set forth in the Indian Independence Act 1947 and resulted in the dissolution of the British Indian Empire and the end of the British Raj. It resulted in a struggle between the newly constituted states of India and Pakistan and displaced up to 12.5 million people with estimates of loss of life varying from several hundred thousand to a million (most estimates of the numbers of people who crossed the boundaries between India and Pakistan in 1947 range between 10 and 12 million). The violent nature of the partition created an atmosphere of mutual hostility and suspicion between India and Pakistan that plagues their relationship to this day.

So, enemies is what we have been trained to call them. We wage war against that same piece of land which was once united and we are proud.

But, “India is my country and all Indians are my brothers and sisters….”

Map #3 Shows the current image of India. Shocking, that half of Kashmir is not part if India anymore. What are we seeing? What are these items – Kashmir controlled by Pakistan; Area ceded by Pakistan to China but Claimed by India; Area held by china claimed by India; Disputed areas and Line of control!!

With all these Political developments, one thing is clear. We have been wasting Natural resources for about 60 years now, by not putting the best use of it. Nobody takes it we only fight. Upon that, we spend Millions of money for the artillery, war and all the killing.

But, “India is my country and all Indians are my brothers and sisters….”

Do you love your country?

Next time when your told to be proud to be a citizen of your Nation, think about it. Patriotism is a tool. They have to make you feel proud to justify their actions which breeds Inequality. Wars for instance.
Countries are just artificial lines drawn on the face of the Earth. Earth was not born with those.
The idea behind that is Power and Money. Nothing else.


"WHEN you call yourself an Indian or a Muslim or a Christian or a European, or
anything else, you are being violent. Do you see why it is violent? Because you
are separating yourself from the rest of mankind. When you separate yourself by
belief, by nationality, by tradition, it breeds violence. So a man who is seeking to
understand violence does not belong to any country, to any religion, to any political
party or partial system; he is concerned with the total understanding of mankind." –
J.Krishnamurti

Sharing Resources to end Inequality

“Neither the great political and financial power structures of the world, nor the specialization-blinded
professionals, nor the population in general realize that...it is now highly feasible to take care of everybody
on earth at a “higher standard of living than any have ever known”. It no longer has to be you or me.
Selfishness is unnecessary and henceforth unrationalizable as mandated by survival. War is obsolete.”

-R. Buckminster Fuller

14th February

On 14th February lets donate our money to the helpless instead of buying a Valentines gift.

Be a human not a consumer.

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"Culture in Decline" - by Peter Joseph - Creator of The Zeitgeist Film

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