Tuesday, July 13, 2010

The Andhra Pradesh Housing Board (Amendment) Bill, 2010 – Money to Burn

The bill is to facilitate the sale of assets of housing board or to get into Public Private Partnership for the development of lands of Housing Board. The AP Government has failed to introduce the Bill. It is blocked. The opposition was successful. This happens whenever a new radical bill is introduced. Next time, it will silently sail through. The Bill, had it been passed, would have generated money for government to burn.

Now the question is, is it wise to sell assets? Purpose, is the only justification for this kind of act. If assets are sold for genuine reasons, that is to say, for reinvestment or for creation of another asset, then, we can deduce that the sale is justified. But, take a look at our expenditure. You will find that substantial part of our expenditure is in the nature of revenue and going into unproductive areas. It is not creating any assets leave alone productive. Means, we are selling assets to run our routine. One wonders, what happens once you exhaust all your assets.

I presumed assembly is meant for debate – Jaya Prakash Narayan. (Hinting sarcastically that assembly proceedings lack discussion)

Again our self proclaimed intellectual and constant craver, has tried to distinguish himself from other legislatures, by declaring that his ideal world is different and he is totally dissatisfied. The best way to express that dissatisfaction is to stay way from it than sulking and getting suffocated like this. If you are not satisfied with the proceedings, please stay away from it and nobody, in this democracy stops any one from resigning from any post. Will he resign? I say, he wont, cause constant cravers need something to hang on, cause, they want to crave, constantly.

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