{"id":16116,"date":"2012-03-17T04:47:37","date_gmt":"2012-03-17T04:47:37","guid":{"rendered":"http:\/\/www.drishtikone.com\/?p=16116"},"modified":"2012-03-17T04:47:37","modified_gmt":"2012-03-17T04:47:37","slug":"sachin-or-pranab-india-lost-in-both-cases","status":"publish","type":"post","link":"https:\/\/www.patheos.com\/blogs\/drishtikone\/2012\/03\/sachin-or-pranab-india-lost-in-both-cases\/","title":{"rendered":"Sachin or Pranab, India lost in both cases!"},"content":{"rendered":"\n<\/head>

\"\"
Sachin Tendulkar<\/figcaption><\/figure>\n<\/p>

In a country, where media and the people are divided \u2013 which is a greater news \u2013 Sachin Tendulkar\u2019s losing century or India\u2019s losing century via another idiotic budget, which pushes the economy in a greater inflationary spiral, the day must have been extraordinary.<\/p>\n

Rajdeep Sardesai is lucky (see his tweet below) that he can make quick decisions between head and heart and see the frivolous take precedence. \u00a0The world and coming years for the common man may not be so easy in terms of decision making.<\/p>\n

The new budget by Pranab Mukherjee has brought in bad news for the middle class, they are basically screwed. \u00a0Instead of writing my own analysis, I wanted to bring the reality through some of the reactions and headlines:<\/p>\n

Hindustan Times<\/strong><\/p>\n

Walled in on four sides<\/a> \u2013 by politics, slowing economic growth, high and unrelenting inflation, and inability to balance government spending with revenues \u2013 finance minister Pranab Mukherjee had little room for manoeuvre.<\/p>\n

The hike<\/a> in the excise duty by two percentage points has irked consumer durable firms, which expect to pass on the rate hike to consumers. This will lead to a rise in the price of products such as refrigerators, washing machines and microwave oven, among others<\/p>\n

Facebook Reactions<\/strong><\/p>\n

Anurag S:\u00a0<\/strong>Economic highlights : Govt increases the interest rates on homes and auto 13 times from 2010 and makes a healthy market diseased. All to tame inflation. Now from April 2012 with new budget they increase excise and service taxes..Again contributing to inflation. Life in India has been made tough by idiots managing our economy! And UPA is the one which silently eats away the country like termite.<\/p>\n

Manu A:<\/strong> Can any one come up with a workable suggestion to bring about major change in our political system?\u2026.According To My Point Of View \u2013 Our Budget Says That: those days are coming soon when we have to pay rent even for our survival to the govt.<\/p>\n

Twitter<\/strong><\/p>\n

Rajdeep Sardesai:<\/a> Still not sure what\u2019s my top story for India at 9, heart says Sachin, head budget. Tempted to go with the heart.<\/p>\n

WSJ \u2013 Real Time<\/a>: \u201cWhat do I have to do with the budget?\u201d says an auto-rickshaw driver in Delhi. Does #Budget2012 matter to the aam admi? http:\/\/on.wsj.com\/wA8OcW<\/p>\n

Shekhar Kapur<\/a>: The #<\/s>Budget<\/strong><\/strong><\/a> proves tht Coalition politics r killing India<\/strong>\u2018s future. Its just power for power\u2019s sake without any vision<\/p>\n

Retweeted many times: India<\/strong>\u2018s budget<\/strong> plan sends stocks tumbling http:\/\/bit.ly\/zexcFB<\/a><\/p>\n

Indianewsbot says<\/a> now Jewellers are mad over the budget: Budget<\/strong> 2012: Jewellers go on flash strike to protest tax proposals: The All-India<\/strong> Gems and Jewellery Trad\u2026 http:\/\/bit.ly\/y6bxj5<\/a> #<\/s>india<\/strong><\/strong><\/a><\/p>\n

Other reactions:<\/strong><\/p>\n

In his reaction, Subramanian Swamy<\/a>, who has taught economics at Harvard says:<\/p>\n

Terming the Union Budget as \u201cridiculous\u201d, Janata Party president Subramanian Swamy on Saturday said that the fiscal proposals unless rectified will \u201cdoom the economy\u201d.<\/p>\n

\u201cThe 2012-13 Budget figures and numbers are all cockeyed. For example, fiscal deficit of 4.79 lakh crore rupees in 2012-13 targeted to be 5.1% of GDP means a GDP growth of 20.6% in one year. This is ridiculous even in current prices,\u201d he said in a statement in New Delhi.<\/p><\/blockquote>\n

\u00a0<\/p>\n

\u00a0<\/p>\n

\u00a0<\/p>\n<\/body><\/html>\n","protected":false},"excerpt":{"rendered":"

In a country, where media and the people are divided \u2013 which is a greater news \u2013 Sachin Tendulkar\u2019s losing century or India\u2019s losing century via another idiotic budget, which pushes the economy in a greater inflationary spiral, the day must have been extraordinary. Rajdeep Sardesai is lucky (see his tweet below) that he can […]<\/p>\n","protected":false},"author":1517,"featured_media":16117,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[33,57,70],"tags":[913,1644,2736,2998],"class_list":["post-16116","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-india","category-politics","category-sports","tag-cricket","tag-india-budget","tag-pranab_mukherjee","tag-sachin-tendulkar"],"yoast_head":"\nSachin or Pranab, India lost in both cases!<\/title>\n<meta name=\"description\" content=\"In a country, where media and the people are divided - which is a greater news - Sachin Tendulkar's losing century or India's losing century via another\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.patheos.com\/blogs\/drishtikone\/2012\/03\/sachin-or-pranab-india-lost-in-both-cases\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Sachin or Pranab, India lost in both cases!\" \/>\n<meta property=\"og:description\" content=\"In a country, where media and the people are divided - which is a greater news - Sachin Tendulkar's losing century or India's losing century via another\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.patheos.com\/blogs\/drishtikone\/2012\/03\/sachin-or-pranab-india-lost-in-both-cases\/\" \/>\n<meta property=\"og:site_name\" content=\"Drishtikone\" \/>\n<meta property=\"article:published_time\" content=\"2012-03-17T04:47:37+00:00\" \/>\n<meta name=\"author\" content=\"Desh Kapoor\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Desh Kapoor\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.patheos.com\/blogs\/drishtikone\/2012\/03\/sachin-or-pranab-india-lost-in-both-cases\/\",\"url\":\"https:\/\/www.patheos.com\/blogs\/drishtikone\/2012\/03\/sachin-or-pranab-india-lost-in-both-cases\/\",\"name\":\"Sachin or Pranab, India lost in both cases!\",\"isPartOf\":{\"@id\":\"https:\/\/www.patheos.com\/blogs\/drishtikone\/#website\"},\"datePublished\":\"2012-03-17T04:47:37+00:00\",\"dateModified\":\"2012-03-17T04:47:37+00:00\",\"author\":{\"@id\":\"https:\/\/www.patheos.com\/blogs\/drishtikone\/#\/schema\/person\/e24bcebf9da3425dd595b71543245311\"},\"description\":\"In a country, where media and the people are divided - which is a greater news - Sachin Tendulkar's losing century or India's losing century via another\",\"breadcrumb\":{\"@id\":\"https:\/\/www.patheos.com\/blogs\/drishtikone\/2012\/03\/sachin-or-pranab-india-lost-in-both-cases\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/www.patheos.com\/blogs\/drishtikone\/2012\/03\/sachin-or-pranab-india-lost-in-both-cases\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/www.patheos.com\/blogs\/drishtikone\/2012\/03\/sachin-or-pranab-india-lost-in-both-cases\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/www.patheos.com\/blogs\/drishtikone\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Sachin or Pranab, India lost in both cases!\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/www.patheos.com\/blogs\/drishtikone\/#website\",\"url\":\"https:\/\/www.patheos.com\/blogs\/drishtikone\/\",\"name\":\"Drishtikone\",\"description\":\"Perspective on Life and World from Hindu and Indian standpoints\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/www.patheos.com\/blogs\/drishtikone\/?s={search_term_string}\"},\"query-input\":\"required name=search_term_string\"}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\/\/www.patheos.com\/blogs\/drishtikone\/#\/schema\/person\/e24bcebf9da3425dd595b71543245311\",\"name\":\"Desh Kapoor\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.patheos.com\/blogs\/drishtikone\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/3cc132f0b1d11236e6dc28b12e598a23?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/3cc132f0b1d11236e6dc28b12e598a23?s=96&d=mm&r=g\",\"caption\":\"Desh Kapoor\"},\"description\":\"Making sense of the world via the perspective of Dharma and Hinduism. 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