National
No big idea in budget but fiscal consolidation good: Chidambaram
New Delhi:Former finance minister P. Chidambaram on Monday said there was “no big idea” in the 2016-17 general budget but commended the government on the fiscal consolidation issue.
“There is no big idea in the budget. One virtue of the budget is that it has left every section of people equally disappointed. This budget is a wasted opportunity,” Chidambaram told the media here.
“I am happy that the government has spurned the advise of Chief Economic Adviser Arvind Subramanian and went in for fiscal consolidation. I take this as a vindication of the (earlier) United Progressive Alliance government’s policy on fiscal consolidation,” the senior Congress leader added.
He said ‘reform’ was a misunderstood word for the government.
“Prime Minister (Narendra Modi) had promised to reform to transform. The word ‘reform’ is a little understood but much-used word. Reform means reform of factor markets or product markets. There is little evidence of such reforms in the budget. The National Democratic Alliance has followed its own brand of budget-making, which is just housekeeping and accounting,” Chidambaram said.
The former finance minister emphasised that the Bharatiya Janata Party-led government did not pass on the benefit of plummeting oil prices to the common man to give a respite from inflation.
“The government boasts that it earned more tax revenues than it had budgeted at the beginning of the year. Did they collect more corporation tax? No. Did they collect more income tax? No.”
“What they collected more was excise duties. It is a whopping increase of Rs.54,334 crore! That amount was due to the numerous times the government increased excise duties on petrol and diesel after the budget was presented last year,” he said.
“There is lukewarm reference to the Goods and Sales Tax Bill but there is no promise of accommodating the legitimate criticism by the opposition. I am happy that the UPA schemes have been continued but the crucial problem is price. There is no major initiative in increasing productivity of crucial crops,” the Congress leader said.
“The NDA government reneged on its promise to give cost plus 50 percent. It did worse last year by giving meagre or nil increases in the MSP,” Chidamabarm said while alleging the government was running away from its poll promise of giving a remunerative minimum support price to farmers.
Lucknow: Vishal Singh, a renowned social worker from Lucknow, also known as Foodman, has once again made India proud. He was honored by the Happy Hands Gloves Cooperative Limited Company in Korathai, Thailand, for his work with the Hunger Free World Mission.
The Hunger Free World Mission’s meeting was held in Korathai, Thailand, under Vishal Singh’s leadership. Representatives from several countries, including Mr. Raja Dwivedi (Managing Director of Happy Hands Gloves Limited), Thailand Coordinator Mr. Raja Mishra, and member Mr. Varun Singh, attended the event.
Under Vishal Singh’s leadership, the attendees took a pledge to work together toward creating a hunger-free world.
Speaking on the occasion, Vishal Singh explained that the main goal of the Hunger Free World Mission is social participation. He said the mission is not just about feeding people but also about meeting other basic needs of those who are struggling. The mission focuses on helping families of terminally ill patients in hospitals by providing food and shelter. It also works to fulfill essential needs like education, jobs, and care for the elderly.
For the last 16 years, the Vijay Sri Foundation has been providing free services, benefiting thousands of people. Vishal Singh highlighted that the mission aims to gain global recognition like other organizations such as WHO, WWF, and Red Cross, which work for social causes.
During this meeting, Vishal Singh was appointed as the Chairman of the Hunger Free World Mission by representatives from various countries. They also discussed holding regular meetings in different countries to push the mission forward.
Business tycoon Dr. Abhishek Verma has also supported this humanitarian mission, vowing to promote the idea of “Seva Parmo Dharma” (Service is the highest duty) worldwide. Vishal Singh praised him, stating that people like Dr .Abhishek Verma inspire others to work for the betterment of society.
Recently, Romania’s Ambassador, Mr . Daniela Sezonov Ţane, invited Vishal Singh to the Romanian Embassy in Delhi, where they discussed the mission in detail. Impressed by his humanitarian work, she honored Vishal Singh and invited him to Romania to take the mission forward .
Food man Vishal Singh has been serving the people of India for the past 16 years. Through the Vijay Sri Foundation, he provides free meals to cancer patients & their families ,shelter, and education for women & children along with running free old-age homes in Lucknow.
In addition to his humanitarian work, Vishal Singh also addresses issues like crime and corruption through his role as Chairman of Seva Path Media and Managing Director of Vijay Sri Foundation.
During the COVID-19 pandemic, Vishal Singh and his team worked tirelessly to provide food and help to the needy, including starving children, elderly citizens, and pregnant women. Despite contracting the virus himself, he continued to assist others after his recovery. He even created a life-saving oxygen regulator using household items, which was praised by doctors both in India and abroad.
In his address at the meeting, Vishal Singh spoke about his mission to create a hunger-free world. He pointed out that India’s large population, along with issues like unemployment and poverty, has caused the country to fall on the Hunger Index. He urged people to contribute just one handful of grains daily to help create a hunger-free world.
He concluded by saying that through social participation, we can empower the people around us, meet their basic needs, and work together to build a stronger, more prosperous, and developed society.
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