MURUGAVEL K ERODE 334 days ago

As suggested by Mr. ABIJIT, the Nobel Laurate for Economics, the money in the hands of the Landless Labourers and the MNREGP beneficiaries has to be increased as they are the right people who would spend the money in their hands no sooner than they get the money. So the Landless Labourers have also to be incorporated in the PM KISSAN Scheme and the wage of the MNREGP Beneficiaries has to be increased. In this financial year the allocation for MNREGP in the Budget has been reduced. It has to be hiked in the ensuing budget rather than giving personal income tax relief. The lions share of more money in the hands of the salary earners due to the tax relief proposed would go to the savings only prompting it to become capital or investment which is not necessary now as it seems there is not much demand for manufactured product competitively. The Govts hands are tied for spending much out of any further debts, now, as there is a self imposed deficit target of three-point three percent to the GDP and a considerable portion of which has been accounted.