The poor ought to be protected at any costThe Government of Tamil Nadu is always far ahead of most other States in terms of development and the main reason for this is the good investment in social security measures. The chief of this is the Public Distribution System, where each family, below a particular income, is given 20 kgs of rice.
As usual, there were some noises about this "drain on the economy". This is the worst ever argument by those who never understand ground realities. One also understands that this model of giving free rice or wheat is followed by other States as well. In fact, the only contributor to social peace is this quantity of rice or wheat that reaches the poor.
The rich industrialists will lobby with the Government for "concessions. The middle class has its own lobby. However, those at the bottom of the pyramid need to have good security. This has to be from the State coffers. However, if the Corporates want to donate money to this cause, they should be given a total 100% deduction in Corporate tax. If individuals contribute, there should be a total exemption under some section of the IT Act, to the tune of 100% direct deduction from total income before the taxable income is calculated.
Let us note that this benefit is not available to all. It should not be available to all. For instance, in Tamil Nadu, there is a scheme where we only get some sugar at some subsidized cost. If the horrible crony capitalists can be protected through so many laws, the poor should not be denied their rights at any cost.