It will come to billion of billion rupees.

Now government has announced some austerity measures to curtail expenses. It is nothing but a drop in ocean. 

Billions and billions of rupees have been lost or sacrificed to please a few thousand of business houses and now the corrupt government is pondering over saving a few lacs of rupees on foreign trips and conferences or a few crores of rupees by stopping employment. Pain of poor men will become more painful whereas a few lacs of rich and elite class families will continue to live lavishly.

India’s economic growth has been consistently falling from quarter to quarter, rupee is weakening, fiscal deficit is continuously increasing, inflation is going up and up, price rise is beyond control and so on. Current Financial data indicates that cloud of crisis is looming large on Indian economy. Crisis of economy is worse than that of 1991 when the then government led by learned Chandra Sekhar had to sell gold. Foreign currency reserve can postpone the crisis for a few months but cannot solve the crisis permanently. 

Now the question is whether such petty savings earned on account by forcing austerity measures will be able to cope with the critical position of economy of the country. 

The answer is simply NO.

There is proverb in Hindi "Gau Mar ke Juta  Dan" ( donating shoes after killing cows). Corrupt ministers and politicians in general have caused unprecedented loss to the exchequer and have themselves become billionaire during last five to ten years. On the contrary pain of common men has reached and crosses the level of tolerance.

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