Corporates letting country down: Guv

Governor H R Bhardwaj on Thursday said the country’s corporate sector was letting the economy down.

“The farmers in the country are working honestly and their production has not decreased. Even the proletariat (workers) are working well. It is the corporate sector that is letting the country down and yet our budgets favour them,” he said speaking at the Centre for Budget and Policy Studies.

He went on to say that everybody knew who were behind all the scams that emerge in the country but still the governments went by corporate reports and presented budgets that help them.

The need of the hour, he said, was to increase budgetary allocation to rural areas.
“The Mahatma Gandhi National Rural Employment Guarantee Act (MNREGA) has helped some people in the rural areas, but this is a small section. There is a need for more such schemes to develop our villages,” he said.

He urged the State government to device schemes that would help provide standard education to rural students equivalent to what children in the cities get.
“Another important sector where the money needs to go is healthcare in rural areas,” he said.

Stating that Jawaharlal Nehru built the country by creating PSUs, he said the soul of the nation was in socialism. “But today, people are selling off PSUs,” he added.

Further, speaking about the garbage issue plaguing the City, he said that the Bruhat Bangalore Mahanagara Palike (BBMP) is not doing its job.

Earlier this month, the governor had said he was losing sleep over this issue and had urged the Palike and the government to initiate steps to solve it at the earliest.

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