With passing of Food Security Billl, Rupee falls, so does the stock Market - for obvious reasons. They say only 22% are poor but they want FSB for 67% of population. It's estimated that the FSB will cost us over 3% of GDP (i.e. over Rs. 350,000 crores)
Video Link : http://www.youtube.com/
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1) The govt which can't store food now wants to guarantee Food Security ? Three years back this same UPA govt. declared it's not possible to provide free food to poor
2) We could have created over 2 million decent jobs with the same amount of money. But Now due to FSB, taxes and inflation will rise.
3) Rupee value will decline much further and given the fiscal deficit generated, it will leave our economy at the mercy of IMF and World Bank.
4) In all probability the benefits of FSB will go to millions of illegal immigrants from Bangladesh and Myanmar and other designated 'vote banks' who wont need to work for money or earn for food.
5) Add this to direct cash transfer scheme and in effect, government is paying selfish groups in return for their votes. Something they have done for quite a long time now. Only this time the money doesn't come from their swiss accounts- it comes from your savings accounts and national debt.
6) BJP had to support this bill because #Congress had enough majority(due to #UPA allies like Leftists-Socialists parties of SP, DMK, BSP) to pass this bill "with or without" BJP but had BJP opposed it, Congress would have shown BJP as "enemy of the poor" in their election campaigns (as common man on the ground do NOT understand the evil designs of colonial Congress, due to Anti-India Media propaganda). Which is what this entire bill is about - Votes by deceit and destruction of India from within.
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Watch the video (Link is provided above) for Food Security Bill of the BJP ruled Chattisgarh state and why Congress FSB bill is Anti-National Bill, and good for the western countries.
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