The Appropriation Bill And The Finance Bill

The Appropriation (No. 3) Bill, 2012 And The Finance Bill, 2012

Thank you very much, Sir, for having given me this opportunity. To begin with, I may be permitted to quote a few headlines -- from one of the financial newspapers  which show our country's economic situation today. These headlines are, and I quote, 'Gloom to Deepen: India Inc', 'Moody's Adds Insult to Injury, Scissors Rating of 3 Banks', and 'Rupee Stays in a Hole, Sinks to 53.97 vs Dollar'.

Sir, today, every sector in India, whether it is steel, cement, telecom, power or infrastructure, is facing huge financial imbalance, mainly due to indecisions at various levels of the Government. Unfortunately, for the past couple of years, the Government has been reeling under scam after scam like 2G scam, Commonwealth scam, 
iron ore scam and so on. Because of indecision at the highest levels

of the Government, the country has been losing its direction which is reflecting very clearly in every economic activity and which is also directly resulting in weakening of our rupee. Sir, corporates, because of this indecision, are forced to refer their cases to CDR for financial restructuring, which does not augur well for an economy that has seen an unprecedented growth in the last couple of decades. If this trend continues, I am afraid, ultimately, all our banks and financial institutions, which are the backbone not only of our industry but the whole of our economy, may land in big trouble losing their credibility in the international market. Ultimately, the country will lose its credit rating. Sir, as we are all aware, yesterday, LIC's rating was downgraded. A few months ago SBI's rating was also downgraded. These are great institutions of trust and faith. They are the leaders in their respective sectors. Downgrading of the leader in a sector is a clear reflection as to what is happening in that sector. Sir, post- Independence, all our Indian entrepreneurs have worked very hard and created industrial growth which has helped all the banks in developing their own networks.

Sir, today, our farmers want support for sustainable farming but not doles. But Government after Government has preferred to give doles, for obvious reasons! Subsidies on fertilizers, oil, power, etc. are nothing but doles. Instead of giving these doles, Government should formulate good and balanced policies, have a level-playing field in business, so that different sectors of our economy can improve their financial health and, indirectly, will help the country's economy. The Government has to come out with aggressive plans, particularly in reducing imports which can go a long way in helping the farming community in improving their technology, agricultural implements and in yield-improvement technologies. The Government has been continuously silent about any aggressive policy in regard to production of renewable energy which can produce a lot of power, whether hydel or solar.

Sir, today many banks and Government departments are not taking any decision due to the 'fear of the unknown' which is a well- known fact. Unfortunately, we all agree that there is a complete breakdown and a paralysis of our decision-making process. It looks as if the Government is surviving with the support of ventilator. The 
country have had many scams and many problems like various by-elections, demands for smaller States, etc. I strongly request that the Government should deal with all these scams, etc. by appointing a task force exclusively for this purpose, without affecting the growth of the country.

Sir, in every developing economy, some systemic failures are bound to happen. But, we have to deal with such kind of failures in a matured manner and not in haste.

Sir, in any case, the time has also come for all the political parties to work with cooperation and coordination rather than confrontation and competition in the interest of the country. In any case, this Bill is a fait accompli approval. Thank you.

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The Indian Medical Council

The Indian Medical Council (Amendment) Bill, 2012

Sir, the Indian Medical Council Act was originally brought in 1956. It has been working extremely well for almost 50 to 55 years. Subsequently, prior to 2010, for five to six years, the CBI has been overviewing it and a couple of times, the Medical Council of India has been raided. It is obvious that everything was hushed up and managed and it was allowed to do all kinds of malpractices and things like that. The Government and the Ministry have become mere spectators. Even in 2010, when the Bill was finally brought, action was taken by the CBI, based on which the then President was arrested. It is really surprising to note that the whole thing has not happened overnight, like a magic. Fine, it has happened. The Ministry brought it before the House for ratification and asked for one year's time to form a proper Council again in a democratic way, particularly representing the whole country. It is really unfortunate that the hon. Minister is bringing it again and again. Last year, he brought it for taking one more year's extension. I am really unable to understand it. Are our Ministry and the Government so weak? Are we not in a position to reestablish a democratic autonomous body? Is the Government doing it for backdoor control? In fact, it reminds me of a small joke. When I was studying in intermediate, for two years I could not see a movie other than 'Yadon Ki Barat'. There was only one movie for continuously two years. Like that, the Ministry is coming every year for seeking extension. Ad hocism, as it is, is very bad. Moreover, if we see all over the world, our Indian doctors have got special quality and capability. Their foundation was extremely good. Our education system, particularly health care, is very important from our country's point of view. So such things are definitely not acceptable. By any chance, if the Prime Minister decides to run the whole country single handedly, is it possible? Is it possible without delegating powers and without creating autonomous institutions? This is really unfortunate to come to such a stage. In fact, in the last two years, so many scams have unearthed. There was no mention of any of these scams. The same story, the same saga have been continuing. There is no reply from the Minister. What is the guarantee that it will be completed in the next year also? We are not able to understand it.

I strongly oppose this Bill. Getting more time again shows the inefficiency of the Government. Thank you.

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Need For Universal Old Age Pension

Raised A Matter Regarding Need For Universal Old Age Pension

SHRI RAMA CHANDRA KHUNTIA (ODISHA): Mr. Vice-Chairman, Sir, as we all know, the changed socio-economic scenario and the rise in longevity has added to the disadvantage of the elderly people, especially in the unorganised sector. We live in a country where 30 per cent people belong to the unorganised sector. They are totally dependent on their daily wage earnings. They are not covered by any medical care or social security scheme.

While, on the one hand, their lifespan has increased, elderly people no longer enjoy the protection of their wards and other relatives and are now required to fend for themselves. Their physical condition does not even allow them to collect water from the wells with their own hands. They are unable to live by themselves.

Their demand is non-contributory pension for those who are above the age of 55 while the eligibility for women should be 50 years without any distinction on the lines of the BPL and the APL; it should be for all the people. Presently, the Centre pays Rs.200/- as pension to those who are above 60 years and Rs.500/- to those who are above 80 years. As you know, for a person to live in this world, a minimum of 2,400 calories per day is required. Rs.200/- may not be enough for purchasing rice even for a week. So, it is high time that the Central Government should consider raising the pension to Rs.2,000/- per month. According to an estimate, if their pension is enhanced to Rs.2,000/-, the State would have to bear about Rs.3.6 lakh crores a year. It will benefit about 10 crore people. It may be difficult for the Central Government, but it is hoped that the Central Government will bear the cost. A cess has been proposed on the industrial sector to raise the needed funds and provide relief to the Government, which is very much required.

Today, thousands of elderly people, with the help of some NGOs, are staging dharna at Jantar Mantar from 7.00 a.m. – it has already been started -- to 11 a.m. Through you, Sir, I urge upon the Government to consider the demand and increase the pension of all elderly people. Thank you.

ी ईर िंसह (हिरयाणा): महोदय, म वयं को इस िवषय से सबं  करता हूँ।

DR. BHALCHANDRA MUNGEKAR (NOMINATED): Sir, I also associate myself with the point made by the hon. Member.


SHRI Y.S. CHOWDARY (ANDHRA PRADESH): Sir, I also associate myself with the point made by the hon. Member.

SHRI HUSAIN DALWAI (MAHARASHTRA): Sir, I associate myself with the point made by the hon. Member.


डा. िवजयलमी साधौ (मध्य देश): महोदय, मवयं को इस िवषय से सबं करती हूँ।

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Budget (General)

Budget (General)

Sir. I rise to discuss the Budget 2011-12. The Economic Survey 2010-11 had anticipated that the Indian economy would register growth of around 9 per cent, plus or minus 0.25 per cent, in 2011-12, almost reverting to the pre-crisis levels achieved during the three-year period, from 2005-06 to 2007-08. Now, the economy is expected to register a growth rate of 6.9 per cent in 2011-12 as per the Advance Estimates released by the Central Statistics Office on 7th February, 2012. According to the Economic Survey, a part of the reason for the slowdown lies in global factors, particularly the crisis in the Euro zone area and near-recessionary conditions prevailing in Europe, sluggish growth in many other industrialized countries like the USA, stagnation in Japan and hardening international prices of crude oil which always has a large effect on India and, of course, also due to domestic factors. Ultimately, the Survey suggested that there is need to be innovative in terms of policy. But, the Finance Minister failed to spell the innovation in the policies in the Budget.

At sectoral level, growth is estimated to be 2.5 per cent for 2011- 12 for agriculture and allied sectors as against 7 per cent achieved in 
2010-11. This has to be seen against the backdrop of continuing losses to farmers and farmers’ suicides. This is in spite of the fact that India has the largest agricultural land area in the world. The country is not able to encash this situation. China has lesser agriculture land area than India and still it produces more agro products than India. Productivity per acre is much more there than India. There are no policies to protect the farmers and increase productivity in agriculture and related areas including dairy. Whenever and wherever there is higher production, the Government allows it to rot due to lack of storage and transport facilities. The ultimate sufferer is the farmer from any angle. The Finance Minister fails to address appropriately innovative measures as spelt out in the Economic Survey.

The hon. Finance Minister has said that the total agriculture credit for 2012-13 will be increased to Rs. 5,75,000 crore. It is surprising to note that nothing much has benefited the farmers through this credit in the previous years. There is a total flop of this scheme. There must be some problem in the implementation. I am given to understand that not even 50 per cent of the farmers are benefited by the credit. There is no let-up to the farmers’ suicides.As a matter of fact, the farmers are not looking for this kind of creditsor doles. They are expecting to have some sustainable measures for supporting them. Today, I have read that Bt. Cotton is one of the reasons for the suicides. It is not giving proper yield, leading to losses to the farmers. This has been accepted by the Union Government itself in a note to the States. There should be a total review of the high yielding varieties. The Government should have been focused on improving the efficiency in the agriculture sector.

In regard to fuel prices, this Government has increased the petrol prices several times during the last year. The Government should think of balancing economy with fuel prices and the resultant growth. I do not know what the Government is doing to increase the indigenous resources so that India does not have to depend much on foreign imports. We are still not doing anything on the renewable sources and there is no imprint of the Finance Minister on this front.

Credibility is the next issue. Ever since the 2G Scam has been detected, this Government has lost credibility on all fronts.

Now there is a plethora of scams being faced by this Government and the latest being the coal mining scam involving a loss of Rs. ten lakh crore. I do not want to comment on this latest scam as the final report of the CAG is yet to come. Because of the scams, it appears that the Government is in inertia and the leadership is weak.

The Economic Survey projected fiscal deficit to fall to 4.5 per cent in 2011 and 4.1 per cent in 2012. But I would like to mention that the total deficit of the Centre and the States crosses nine per cent. India being a developing economy, with around 50 per cent people below the poverty line, how can the country withstand the deficit while taking welfare measures? Here comes the role of innovative measures as spelt out by the Economic Survey.

Health is another important indicator of human development. People largely remain outside the public health facilities as the quality of services in government hospitals has not improved. People mostly depend on private healthcare providers. But what about the BPL families? I am given to understand that the so-called middle-class families sell their properties for treatment. But there is no answer to this from the Finance Minister. The expenditure on health increased from 1.25 per cent in 2006-07 to only 1.30 per cent in 2011-12. The total budget for the Health Ministry during 2012-13 is Rs.30,700 crore as against Rs.25,250 crore last year. The marginal increase is not going to make significant improvement in the health infrastructure. The NRHM Scheme started by the Government is fraught with several flaws and is infested by corruption and scams. Special budgetary provision is necessary to be provided as a one-time measure for overall improvement in the health infrastructure. This has never happened so far. Unless people are healthy, how can they work, earn and survive? The Finance Minister should have focused more on improving sustainable growth and sustainable measures in agriculture, healthcare and education. He is completely silent on it and there is no comment on these issues. With this, I oppose the Budget. Thank you, Sir.

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