Tuesday, 21st November, 2017

Trickle-down economics of UPA

26, Jul 2013 By rofl gujju

Congress have stalwarts economics like Manmohan , Chidambaram and Montek and recently Nobel winner also taking interest in Food security bill.

Here is a  little try to decode the economic policy of UPA :-

UPA runs number of flagship programmes of poor people call the people below Poverty line , so lets do calculation for BPL :-

Montek Decide BPL line Rs. 28

A man need Rs.12(in Mumbai ) for a launch , for calculating village take Rs.10 mean 10*2 = 20 for whole day.

Savings = 28-20 = 8/day Annual saving 1 = 265*8 = 2120 ……………(1)

( 100 days MGNAREGA calculation do independently)

Congress gave Free health and Education and also give meal to child mean have to invest income only on food. ( up to when Food security bill implement.)

Government also run population control programme : हम दो हमारे दो ! so lets assume 2 child/family ( If they assume 0 loss than we can assume this definitely)

NAREGA gives Rs.125/day/family for minimum 100 days so, calculating that days saving independently ,

125/day/family mean 66/day/person ( family including 4 person , exclude children cause their food cover under Mid day meal )

saving = Rs.66 – Rs. 20 = Rs.46/day Annual saving 2 = 46 *100 = 4600 ……………………………….(2)

Annual saving = 1+2 = 2120+4600 = 6720/person

Family saving = 6720*2= Rs. 13440

Family Annual saving = $224 ( Economist understand digits in Dollars , $1=Rs60)

Conclusion :-

UPA decrease the poverty by this theory and It’s the RBI who responsible for the inflation ( if there is inflation )