(Reuters) - The Indian government launched a $22 billion welfare scheme on Wednesday to give cheap food to hundreds of millions of people, a centerpiece of the ruling Congress party's plan to win a third term in elections due by May 2014.
The minority government sidestepped India's unruly parliament and resorted to an executive order to implement the program, hoping to take the credit for a vote-winning plan.
"The union cabinet has approved the food security ordinance unanimously," Food Minister K.V. Thomas told reporters after the cabinet meeting. The measure would be sent to the president on Wednesday for his signature, he said.
Under the plan, the government will sell subsidized wheat and rice to 67 percent of its 1.2 billion people
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India is home to a quarter of the world's hungry poor, according to U.N. figures, despite being one of the world's biggest food producers and experiencing years of rapid economic growth.
Substitute tax breaks for food and the United States for India and it lines up pretty well.
ReplyDeleteIt worked for BO ...
ReplyDeleteObamaPhones !! Hell Yah!! ObamaMoney!!
And it worked for Bush with tax cuts and later with give aways like the ones for the drug companies to give drugs to seniors.
DeleteAre you even capable of logic and truth ?
DeleteTax cuts AND giveaways???? Imanage that, ALLOWING the taxpayers to keep more of the money he/she earned... that scoundrel!!! Then he had the nerve to make sure that those who paid taxes and worked their entire life got something -- what is this world coming to....
He cut taxes but didn't cut spending (just like Reagan), that is truth AND reality. When you spend more then you take in, you are not keeping anything, you are simply living on borrowed money, money that in case will have to be paid back by future generations. That is deplorable.
DeleteYour second statement there about seniors is kinda funny, considering that it is solely the Republicans who now want SS ended as well as medicare. I didn't have a problem with getting drugs for seniors, I had a problem with the giveaway wherein we just pay what we are told and we are forbidden by law to negotiate with drug companies, unlike basically every other country in the world.
If you are going to come back at me with some angry screed about Obama's spending, don't bother. It doesn't change what I'm saying here. Bush and the Republicans had enormous time to make as many cuts as they wanted to, and they didn't. They didn't cut any spending for the same reason Democrats don't, namely that it gets them votes.
I hope that wheat wasn't a Monsanto GMO.
ReplyDeleteThat is a textbook troll comment. Sorry William, fish ain't biting today.
Delete