This govt will go down under the overburden of 6th Pay commission , where salaries and pension and thereafter DA are taking away big chunk of taxes and othe r revenues. On subsidies govt is ready to take steps what about this dianasur of 6th pay commission of 2009. Till that is rectified, nothing will change about fiscal deficiet. If one seriously look, it was not subsidy but burden of salaries and pension which is increasing fiscal deficiet. .
he plan to cut but not implement.If want to raise fund introduce taxes and price increase instantly, this is their speciality.When one minister travel ,take with him many vehicles to burn petrol freely as public is ready to pay more.
If they are really interested in bringing down their fiscal deficit, let them cut down drastically their unplanned expenditure, luxurious foireign travels of Ministers etc., cut-down drastically their Rs.8000/- per plate lunch/dinner expenses, and bring full transparency and honesty in all their expenses including imports and exports etc.
this time The Government is showing promise of action ONLY many refrm measures may not pass through the parliament due to political compulsions of different political compulsions but announcements would be made and few will also pass through parluiament
after sonia now all mp will go to usa by chartered plane with lot of relatives and doctors and c.a as financial advisors so cuting of expenditure will never be possible except exp.incurred for farmers.and middle class.