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Kailash Chandra : Vol 01 TC 03 (English)
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I am thankful to you for having given me this opportunity long last to say a few words on the Budget. Already, much has been said and I think the Finance Minister has come in for his share of congratulations as well as criticisms. So, there is not very much to say but I should like to say a few words. The increased development expenditure and the absence of any new taxation has earned for the Budget a good response even from the businessmen. I specially welcome the relief given to the middle classes by raising the exemption limit of income-tax in respect of personal income. No doubt, this is some relief to the middle classes. But I would request the Finance Minister, if he could, to raise this exemption limit from Rs. 4,000 to Rs. 6,000 as that would give substantial relief to the middle classes. I am indeed glad that the Taxation Enquiry Commission has been appointed with Dr. John Mathai as the Chairman, and I am sure that many of the vexed problems may be solved through this Commission. At the same time, I would request the Finance Minister to put off the Estate Duty Bill for the present, since this Enquiry Commission has been appointed and they may go into this question. For, I feel that it is not an opportune moment to put on more taxes on the people. Already, as Mr. Gadgil has pointed out, there are so many taxes on the people. The people are over-burdened by taxes and they are just trying to recover their stability. So, in regard to Estate Duty, I would ask him to consider about it. My reason for asking it to be postponed is, as I have said, that the people are still facing economic distress. And then, our Government is not able to offer the amenities which other countries have, where the Estate Duty exists, such as free compulsory education for children, free medical aid, homes for the poor and the destitute, old age pension, etc. So, my humble suggestion is that this point may be considered by the Taxation Enquiry Commission. I agree that there is a brighter side of the picture and that instead of continually harping on our poverty, we should also see the bright side. We are making encouraging progress towards laying the foundation of a welfare state. With the co-operation of all and the implementation of the Five Year Plan, I am sure, Sir, that we should be able to lay the foundations and fulfil the dreams of India. It is indeed encouraging to know from the Finance Minister that there is a tendency of lowering food prices all over the world and in that case, the prices in our country too would be lowered. Regarding Defence, for obvious security reasons, I do not agree with my friends who say that the expenditure should be curtailed. It is not advisable to take any undue risks and slacken the defence arrangements. Indeed, defence is one of our valuable assets although, strange to say, there seems to be adverse opinion in some quarters. I agree with what General Cariappa once said that God and Army are remembered only when there is trouble. The Army consists of the most disciplined and loyal set of young men. It would not be proper to effect economy in the pay of these brave officers as it would not be an incentive for the right type of young men to join the Army and it would become ineffective and inefficient. I believe already officers who were drawing Rs. 1,400 as their pay are now getting only Rs. 700 and about Rs. 100 as allowance. That is, they are getting about half of what they were getting before. It is very hard for those officers on field duty to establish separate establishments for their families and for their children; and I would specially appeal to the Finance Minister to see that the family allowances may be restored to those officers who are on field duty. Economy in Army could be effected in other ways. There is scope for more efficient operation of defence industries which process seems slow and by purchase policy of utilising goods and stores indigenously manufactured. Preference should be given to country-made war materials such as could be produced here and they would be cheaper than foreign-made goods. I may also suggest that the Armed Forces who are not on field service or under any operational commitments could be utilised for giving military training to the youths in schools and colleges which would teach discipline and loyalty. The University authorities should make military training as part of their compulsory education just as they have adopted social, economic and political sciences. The National Cadet Corps is already inculcating military training in some Universities such as Bombay and Calcutta. But if military training is made compulsory for our university students, it will go a long way.
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