Govt. instead of blaming the Common Man in India for craze for Gold , should do some honest introspection and ask itself the question as to why Indians trust Gold and not other productive investment avenues like Shares etc.
This is because , in the past few years , Govt. has made investment in productive assets as most unattractive both for Indians as well as Foreigners.
Govt. has been concerned only with Vote Bank policies, lost in the din of walkouts, adjournments , Reservations in Promotions , etc etc.
At a time when India needed foreign investment ( Dollars ) the most our Govt comes out with Retrospective Income Tax on Vodaphone ( superseding Hon`ble Supreme Court of India )`
It is not Gold imports but massive imports of Urea , Diesel etc which is upsetting the Balance of Payments.
Govt. should stop treating Gold Investors as Out castes.
In times of National Emergencies ( 1962 - China War , 1993 ) many patriotic Indians ( including our selves gave our entire Gold to Govt ).
There was never a word of appreciation for our contribution ( because we are not Rich Farmers .)
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HUM MEHNAT KASH ISS DUNIYA SE
JAB APNA HISSA MANGEY GEY
IK BAGH NAHI; IKK KHET NAHIN
HUM SAARI DUNIYA MANGEY GEY
( Josh Malihabadi )
This is because , in the past few years , Govt. has made investment in productive assets as most unattractive both for Indians as well as Foreigners.
Govt. has been concerned only with Vote Bank policies, lost in the din of walkouts, adjournments , Reservations in Promotions , etc etc.
At a time when India needed foreign investment ( Dollars ) the most our Govt comes out with Retrospective Income Tax on Vodaphone ( superseding Hon`ble Supreme Court of India )`
It is not Gold imports but massive imports of Urea , Diesel etc which is upsetting the Balance of Payments.
Govt. should stop treating Gold Investors as Out castes.
In times of National Emergencies ( 1962 - China War , 1993 ) many patriotic Indians ( including our selves gave our entire Gold to Govt ).
There was never a word of appreciation for our contribution ( because we are not Rich Farmers .)
------------------------------------------------------------------------------------------------------------------
HUM MEHNAT KASH ISS DUNIYA SE
JAB APNA HISSA MANGEY GEY
IK BAGH NAHI; IKK KHET NAHIN
HUM SAARI DUNIYA MANGEY GEY
( Josh Malihabadi )
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