1. IN THE LAST FISCAL YEAR BUDGET, THE PERFORMANCE OF MANUFACTURING WAS NEGATIVE, SERVICES SECTOR DID NOT ACHIEVE THE TARGET WHEREAS AGRICULTURE PERFORMED WELL DUE TO TIMELY RAIN AND SUPPORT PRICE OF WHEAT.
2. GDP ACHIEVED 2% LESS THAN THE TARGET
3. EXPORTS $19BILLION LESS THAN TARGET, IMPORT $32BILLION TRADE DEFICIT $12 BILLION
4. TAX - THE MANUFACTURING IS PAYING 60% OF THE TAXES. TAX NET HAS NOT INCREASE.
5. NO NEW TAXES ON AGRICULTURAL INCOME AND STOCK MARKET. HALF OF OUR PARLIAMENT IS NOT IN TAX NET AND NOT HAVING ANY NTN NUMBER
6. THE REAL ESTATE SECTOR INCREASED FROM 2% TO 4%
7. SERVICE SECTOR ALSO TAXED.
8. NTN NUMBER IS REQUIRED TO OPEN AN ACCOUNT TO GET A CONNECTION OF TELEPHONE AND ELECTRICITY AND BUYING OF PROPERTY
9. INCREASING GDP RATES HAS LONG BEEN THE MEASUREMENT OF ECONOMIC DEVELOPMENT
10. THE ACTUAL DEVELOPMENT DEPENDS ON DISTRIBUTION OF GDP NOT JUST ON INCREASED RATIO.
11. FOR INSTANCE, 90% OF GDP IS POSSESSED BY FEW POWERFUL GROUPS THEN THE REAL PRODUCTIVITY WILL BE LOW AND WOULD NOT MAKE ANY DIFFERENCE WHAT NUMERICAL FIGURE SAYS OF 2% OR 8% GDP
12. IT IS ONLY ECONOMIC DEVELOPMENT WHICH REDUCES THE GAP BETWEENT THE RICH AND POOR AND GENERATE ECONOMIC ACTIVITIES, LOWERS THE INFLATION RATES AND RAISE THE LIVING STANDARDS.
13. THE SAME GOES WITH THE PER CAPITA INCOME WHICH INCREASES BY $1000. IT DOES NOT MEAN EVERY BODY IS GETTING A $1000 IN THE COUNTRY. SOME ARE GETTING TOO MUCH AND OTHERS ARE TOO LOW.
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