The
earthquake in Indonesia Monday night has claimed 1000 lives already but as we know all too well, the toll in disasters like this could easily go over the initial estimate as more bodies are discovered. The tragedy also brings back sad
memories of the deadly tsunami in December last year. But sadness at the tragedy is accompanied by relief too that the earthquake has
not triggered a tsunami this time. Nature definitely has not been our friend the last few months...
Perhaps with the new VAT system in place and (ideally) bringing in more revenue to state governments, Indian officials might be better prepared for any future disasters...'tis a rather farfetched thought but I am not an economist.
ReplyDeletePerhaps with the new VAT system in place and (ideally) bringing in more revenue to state governments, Indian officials might be better (financially speaking) prepared for any future disasters...'tis a rather farfetched thought but I am not an economist.
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