T.V. JAYAPRAKASH
"BHAVANA"
NEAR UMMINI SCHOOL
DHONI P.O.
PALAKKAD - 678 009
KERALA.
To
The Editor
The Hindu BUSINESS LINE.
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BUDGET LINE
Mobilization of resources in the service of the common good
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The provision of the three focused fiscal stimulus packages in the form of tax relief, increased expenditure on public projects and the monetary easing and liquidity enhancing measures taken by the RBI could counter the negative fall out of the global slowdown on the Indian economy. Enhanced allocation to NHAI for the NHDP and allocation for railways, eradication of poverty and female illiteracy is a healthy trend. Housing, amenities and employment to the urban masses could be made available through schemes under JNNURM and RAY. APDRP could bring thrust in the power sector. There is scope for improvement in the condition of the farmers and children. Irrigation facilities could be improved through AIBP and agriculture developed through RKVY.
Decision to open one central university in each uncovered state is an approach that could be welcomed warmly.
The attempt to attain perceptible improvement in passenger amenities, cleanliness, quality of catering, safety & security and punctuality by the railways without increasing passenger fares and freight tariffs also is laudable.
Mahatma Gandhi had said, "Democracy is the art and science of mobilizing the entire physical, economic and spiritual resources of various sections of the people in the service of the common good of all".
T.V. JAYAPRAKASH
MA (Eco), MA (Socio), MCJ
Vice Principal, MES Women's College, PALAKKAD
Former Research Officer, Directorate of Economics & Statistics, Kerala.
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