PaRCha - JNU - AISF-SFI - 2004 ID-38376
.
.
.
Sc .
STUDENTS' FEDERATION OF INDIA.
ALL INDIA STUDENTS' FEDERATION.
.
Friends, .
Date: 12-07-04The recently concluded Lok Sabha election was a mandate against the communal NDA Government as well as the Fund-Bank dictated neo-liberal economic reforms. The debacle of all the parties, specifically Chandrababu Naidu 'the poster boy' of reform .
policies, who pursued the policies of IMF-World Bank, is a pointer to the fact that the people overwhelmingly voted against these policies. The Congress also In states like Kamataka had to face the wrath of the people because of its adherence to the nee-liberal .
policies. In this context the Common Minimum programme of the UPA Government tried to address the problems of the common .
policies respecting the mandate of the people. .
people at least to some extenl The Budget 2004-05 should be analysed in the light of its departure from the anti-people economicAt the outset it can be said that the Budget at least acknowledges the problems faced by the farmers, unemployed and .
students of the country. In this light,. the announcements of the Finance Mi~ister in lerr:ns of prioritising agriculture, education and health is awelcome step. The collection of a 2% cess on all taxes for education, amounting to an amount of Rs. 4000-5000 crores is a necessary step in the direction of pr~viding ~ucation ~o all. At the same .time it should be pointe~ out that the sum is nothing .
compared to the amount actually required to bnng all ch1ldren to school, gomg by the recommendations of the Tapas Majumdar Committee report The Government also has to go a long way to ensure that 6% of GOP is spent on education..
revenue which 1t has set for 1tself. The Governments revenue mob11Jsation target Is a h1ghly ambitious one, dependtng largely on the .
More .importantly, i.n order to collect the,required amou.~t o~ cess, th~ cen.tral Gove!"':lment must mob~lise the targeted.
dependence on tax arrears i~ highly u~certain to mobilise the requir~d resources. The F.
recovery of tax arreacs. While the proposal to widen the net of service tax and imposition of a transaction tax is welcome, the.inan~e Ministe.r going by ~e dictates of the .
teaches that the Government will cut back on public expenditure. Therefore, rhetoric of the Finance Minister regarding the Fund-Bank has pegged the f1scal defic1t at 4.4% of the GOP. Hence, if the resource mob1hsation target 1s not met, s1mple economics.
improvement of the liveliho~ of the poor will ?nly b.e a c~imera if the fiscal defi.cit i~ not widen~d. Our f[iends in the N?UIIacking this of the Finance Minister. .
basic knowledge of economics have cla1med 1n the1r notice that lhe fiscal defic1l Will not be a hindrance towards fulfilling the promiseThe negative effect of pegging the fiscal deficit canbe better understood if we look at the gross budgetary support to central.
10,000 crores is inadequate to take care of the problems of the people. The fiscal deficit being pegged at 4.4% of GOP puts a plan being raised by rupees 10,000 crores. This amount includes the sum earmarked for education. Hence, effectively only Rs 5000 .
crores is available for other social expenditures like health, housing infrastructure etc. Thus it becomes amply cle2r that the sum of Rs.
of the Government are also highly questionable. While the total extra budgetary support for plan is only Rs. 10,000 crores, the .
constraint on the expenditure of the Government If the fiscal deficit was allowed to be at 5% of GOP another Rs. 10,000~12,000defence expenditure has been raised by Rs. 12,000 crores. While the rise in the budgetary support is a step in the right direction, it crores could have been mobilised. This would have resulted in more substantial plan outlay for the benefit of the people. The prioritiesexpenditure on defence. The NSUI's notice claims in this regard that the Government has allotted Rs. 10,000 crores more as plan falls short of the required amount because of the Fund-Bank dictated policies of limiting the fiscal deficit and the Govemmenfs hugeexpenditure, along with Rs. 4000..5000 crore for education and Rs. 6000 crore for Food for Work programme in 150 districts. The fact of the matter is that the Rs. 10,000 crores for planned expenditure includes the money for education and not a single rupee extra has been allotted for food for work-the Rs. 6000 crores being pooled from existing schemes. The NSUI should first go and have a good look at the budget documents before going out of the way in congratulating the Government for something which it has not done. ThisAs a continuance of the policies of the IMF-World Bank, the Government has raised the FDI cap on crucial sectors like the .
exposes the bankruptcy of the NSUI acting as stooge of the Central Government..
Telecom, Insurance and Civil Aviation. Along with this the disinvestment of 5% of NTPC shares also goes against the interest of the .
profits out of our country and will jeopardise the interest of the people. Even countries like the USA also does not have such a high .
people and the.spirit of the Common Minimum.Programme. The FDI in the above mentioned sectors will result in repatriation of.
.
again going by its intellectual bankruptcy has attacked the Left Front Government in West Bengal regarding the issue of FOI. We .
FOI cap in such crucial sectors. We oppose this policy of raising the FOI cap and demand an immediate reversal of it The NSUI.
Governments have no role to play in this regard. The FOI that comes into West Bengal comes according to the terms and conditions .
want to remind them that inviting FOI to sectors like Telecom or Insurance has to be a decision of the Central Government and state.
sectors. To equate the in flow of FOI in manufacturing sectors generating employment and the in flow of FDI in strategic sectors .
set by the Government keeping in mind the interest of the people in terms of better employment opportunities in the manufacturing.
resulting in aweakening of the interest of the people is nothing short of juvenile ignorance..
The Budget presented by the Government tries to address the issues of the common people in terms of rhetoric. But its.
students to rally behind the SFI-AISF in this ensuing struggle. .
adherence to the basic economic logic of the Fund-Bank results in a mismatch between the intentions and the concrete proposals in .
the Budget. The SFI-AISF is committed to struggle for better living conditions of the masses in the coming days. We appeal to the .
TALK ON.
BUDGET 2004: ASPIRATIONS AND REALITIESKAVERI MESS.
PROF. ABHIJIT SEN, MEMBER PLANNING COMMISSION.
9:30PM.
Sd/-12-07-04(TONIGHT)JyotJrmoy Bhattacharyya.
Secretary, SFI-JNU .
Sd/-.
Shamsad A. Khan.
President , AJSF-JNU .
.
.
PaRCha - JNU - AISF-SFI - 2004 ID-38376
.
.
.
Sc .
STUDENTS' FEDERATION OF INDIA.
ALL INDIA STUDENTS' FEDERATION.
.
Friends, .
Date: 12-07-04The recently concluded Lok Sabha election was a mandate against the communal NDA Government as well as the Fund-Bank dictated neo-liberal economic reforms. The debacle of all the parties, specifically Chandrababu Naidu 'the poster boy' of reform .
policies, who pursued the policies of IMF-World Bank, is a pointer to the fact that the people overwhelmingly voted against these policies. The Congress also In states like Kamataka had to face the wrath of the people because of its adherence to the nee-liberal .
policies. In this context the Common Minimum programme of the UPA Government tried to address the problems of the common .
policies respecting the mandate of the people. .
people at least to some extenl The Budget 2004-05 should be analysed in the light of its departure from the anti-people economicAt the outset it can be said that the Budget at least acknowledges the problems faced by the farmers, unemployed and .
students of the country. In this light,. the announcements of the Finance Mi~ister in lerr:ns of prioritising agriculture, education and health is awelcome step. The collection of a 2% cess on all taxes for education, amounting to an amount of Rs. 4000-5000 crores is a necessary step in the direction of pr~viding ~ucation ~o all. At the same .time it should be pointe~ out that the sum is nothing .
compared to the amount actually required to bnng all ch1ldren to school, gomg by the recommendations of the Tapas Majumdar Committee report The Government also has to go a long way to ensure that 6% of GOP is spent on education..
revenue which 1t has set for 1tself. The Governments revenue mob11Jsation target Is a h1ghly ambitious one, dependtng largely on the .
More .importantly, i.n order to collect the,required amou.~t o~ cess, th~ cen.tral Gove!"':lment must mob~lise the targeted.
dependence on tax arrears i~ highly u~certain to mobilise the requir~d resources. The F.
recovery of tax arreacs. While the proposal to widen the net of service tax and imposition of a transaction tax is welcome, the.inan~e Ministe.r going by ~e dictates of the .
teaches that the Government will cut back on public expenditure. Therefore, rhetoric of the Finance Minister regarding the Fund-Bank has pegged the f1scal defic1t at 4.4% of the GOP. Hence, if the resource mob1hsation target 1s not met, s1mple economics.
improvement of the liveliho~ of the poor will ?nly b.e a c~imera if the fiscal defi.cit i~ not widen~d. Our f[iends in the N?UIIacking this of the Finance Minister. .
basic knowledge of economics have cla1med 1n the1r notice that lhe fiscal defic1l Will not be a hindrance towards fulfilling the promiseThe negative effect of pegging the fiscal deficit canbe better understood if we look at the gross budgetary support to central.
10,000 crores is inadequate to take care of the problems of the people. The fiscal deficit being pegged at 4.4% of GOP puts a plan being raised by rupees 10,000 crores. This amount includes the sum earmarked for education. Hence, effectively only Rs 5000 .
crores is available for other social expenditures like health, housing infrastructure etc. Thus it becomes amply cle2r that the sum of Rs.
of the Government are also highly questionable. While the total extra budgetary support for plan is only Rs. 10,000 crores, the .
constraint on the expenditure of the Government If the fiscal deficit was allowed to be at 5% of GOP another Rs. 10,000~12,000defence expenditure has been raised by Rs. 12,000 crores. While the rise in the budgetary support is a step in the right direction, it crores could have been mobilised. This would have resulted in more substantial plan outlay for the benefit of the people. The prioritiesexpenditure on defence. The NSUI's notice claims in this regard that the Government has allotted Rs. 10,000 crores more as plan falls short of the required amount because of the Fund-Bank dictated policies of limiting the fiscal deficit and the Govemmenfs hugeexpenditure, along with Rs. 4000..5000 crore for education and Rs. 6000 crore for Food for Work programme in 150 districts. The fact of the matter is that the Rs. 10,000 crores for planned expenditure includes the money for education and not a single rupee extra has been allotted for food for work-the Rs. 6000 crores being pooled from existing schemes. The NSUI should first go and have a good look at the budget documents before going out of the way in congratulating the Government for something which it has not done. ThisAs a continuance of the policies of the IMF-World Bank, the Government has raised the FDI cap on crucial sectors like the .
exposes the bankruptcy of the NSUI acting as stooge of the Central Government..
Telecom, Insurance and Civil Aviation. Along with this the disinvestment of 5% of NTPC shares also goes against the interest of the .
profits out of our country and will jeopardise the interest of the people. Even countries like the USA also does not have such a high .
people and the.spirit of the Common Minimum.Programme. The FDI in the above mentioned sectors will result in repatriation of.
.
again going by its intellectual bankruptcy has attacked the Left Front Government in West Bengal regarding the issue of FOI. We .
FOI cap in such crucial sectors. We oppose this policy of raising the FOI cap and demand an immediate reversal of it The NSUI.
Governments have no role to play in this regard. The FOI that comes into West Bengal comes according to the terms and conditions .
want to remind them that inviting FOI to sectors like Telecom or Insurance has to be a decision of the Central Government and state.
sectors. To equate the in flow of FOI in manufacturing sectors generating employment and the in flow of FDI in strategic sectors .
set by the Government keeping in mind the interest of the people in terms of better employment opportunities in the manufacturing.
resulting in aweakening of the interest of the people is nothing short of juvenile ignorance..
The Budget presented by the Government tries to address the issues of the common people in terms of rhetoric. But its.
students to rally behind the SFI-AISF in this ensuing struggle. .
adherence to the basic economic logic of the Fund-Bank results in a mismatch between the intentions and the concrete proposals in .
the Budget. The SFI-AISF is committed to struggle for better living conditions of the masses in the coming days. We appeal to the .
TALK ON.
BUDGET 2004: ASPIRATIONS AND REALITIESKAVERI MESS.
PROF. ABHIJIT SEN, MEMBER PLANNING COMMISSION.
9:30PM.
Sd/-12-07-04(TONIGHT)JyotJrmoy Bhattacharyya.
Secretary, SFI-JNU .
Sd/-.
Shamsad A. Khan.
President , AJSF-JNU .
.
.