Tuesday, July 21, 2009
Budgetting for Leakages
It was about 20 years back when our PM (Late Sh. Rajiv Gandhi) publicly said that out of every Rupee of public expenses only about paise 15 reached the common man. Inspite of such a clear diagnosis two decades back, the 15 paise hasn't become 16, at best it might have become 14. We are a nation full of intellectuals, padma-vibhushans and padmashris, celeberities, great leaders and what not. Still shamelessly we have been levying and collecting more and more taxes, increasing budgetted expenditure year after year without any attempt to control leakage of those 85 or more paise. And we do know nothing is difficult if we have necessary will. Still we consider ourselves as a logical species!