The truth has come from the horse mouth itself. In answer to a Parliament Question, the Finance Ministry has intimated that a subsidy of Rs. 4.6 lakh crore has been given towards direct tax incentives, exemptions, profit and investment linked deductions and other subsidies to the corporates and the rich. Rs. 3.73 lakh crore in central excise and custom duties alone was given.
But what about the poor in the country? The total subsidy given is only 1.44 lakh crore. It was 1.54 lakh crore in 2010-11 which has been reduced to 1.44 lakh crore in 2011-12. At the same time the subsidy increased from Rs. 4.37 lakh in 2009-2010 to Rs. 4.6 lakh crore in 2010-11 for the rich.
This UPA government, no doubt, is a government of the rich and not aam admi as claimed. It always in on the side of the MNCs, the corporates and the big business. Once again it stands proved by its actions, as in the case of its aggressive role to being 51% FDI in multi-brand retail trade, , though it failed for the present,that it stands for the rich.