| Author | Message | ||
     Sanman Side Hero Username: Sanman Post Number: 6342 Registered: 08-2010 Posted From: 66.177.5.103 Rating: N/A |
if we combine the assets of crouching our tiger (jaggad) and hidden dragon (bob) * this entire debt can be done away with. in a way people will be paying the interest for generations for the money they looted from the state Jai MAdam Didnt Give Appointment party | ||
| Kindal Comedian Username: Kindal Post Number: 1915 Registered: 09-2007 Posted From: 14.139.128.14 Rating: N/A |
//an year old but has relevant info on Debt on citizens of AP// Every citizen in the State will carry a debt of close to Rs. 17,000 by the end of the next financial year. The debt burden on the citizens is indicated to be around Rs. 15,000 present and the government plans to mobilise more resources to meet its expenditure targets, the debt services in particular. As the borrowings kept mounting, debt servicing burden of the State constituted 11.94 per cent of the total revenue expenditure. According to the budget presented to the Legislative Assembly, the government had decided to keep options open to borrowing close to Rs. 18,000 crore during the next financial year. With this, the outstanding public debt of the government will climb from Rs. 1,23,226 crore to Rs. 1,41,150 crore. A major portion of the proposed borrowings would be through open market loans while the government had decided to do away with high cost loans by cutting down on the quantum obtained from autonomous bodies from Rs. 6,924.94 crore to Rs.5,528 crore during the next fiscal. The proposed borrowings would take the public debt as percentage of the GSDP to 23.62 per cent. http://www.hindu.com/2011/02/24/stories/2011022461310600.htm For in India, Bhakti or what may be called the path of devotion or hero-worship, plays a part in its politics unequalled in magnitude by the part it plays in the politics of any other country in the world. Bhakti in religion may be a road to the salvation of the soul. But in politics, Bhakti or hero-worship is a sure road to degradation and to eventual dictatorship. |
