Subsidies for too rich

In this era of globalisation, government is cutting subsidies for poor in the name of reforms and claiming that subsidies harm our economy and continuing subsidies is not possible. The largest SEZs have been allocated to Mukesh Ambani, the world’s richest man. This is a criminal subsidy that the State is providing to the rich by stealing from the poor. Government is providing subsidies for corporate capitalists like Tata and Ambani and also multinational companies by allotting them land @ cheap price that was grabbed from farmers for SEZs. These subsidies can be called as criminal minded subsidies. Giving subsidies to world’s richest man is the ugliest example of criminal minded subsidies.

Via: MLSM Media