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Islamic Magazine
Cover Story
Vol. XLV No. 33, 2008-03-09
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BUDGET 2008
Paradoxes and Inconsistencies

DR. WAQUAR ANWAR analyses the paradoxes and inconsistencies in the Budget 2008 and concludes that it is the continuation of Manmohan Singh policy devised a decade and a half ago.
 
Budget 2008-09 has been lauded loud by many classes of people, and it appears that it addresses the concern of most of them. Thus the document is probably successful in its basic objective of addressing all and sundry. This please-all feature has made the budget speech of the finance minister an exercise in a non-budget policy and political document.
A budget is basically a financial statement and its covering speech ought to be a description required to understand and apprecia... More
 
 
 
Budget or Zakat
What is the Solution?

By: ABDUR RAHEEM SHARIQ
 
The economic survey 2007-08, Railway Budget and the Union Budget 2008 were the three major economic events of the last week of February. On one hand, Economic Survey helps us acquaint ourselves with the present status of Indian economy and on the other, two budgets give us a fairly broad idea about how the government is planning to proceed and in which direction.
The Budget is important in the sense that it leaves far-reaching and long-lasting effects on the society and its dif... More
 
 
 
RAIL BUDGET, 2008
Lalu on Familiar Track

By: DR WAQUAR ANWAR
 
Lalu Prasad, the Union Railway Minister, was on the job again. His performance was in line with what was expected of him. He was with the same rustic look, characteristic humour and uncharacteristic lack of humility (in almost all the verses he has quoted he has showered praises on himself, singularly). Last year, when he was presenting the budget, opposition members kept shouting in the well of the house but the unperturbed man did not care. This year the opposition benches become wiser an... More
 
 
 
Waiving Farmers' Loan
No Piecemeal Measures, Please

SOROOR AHMED says that, in view of the importance of farm sector, realistic measures should be adopted to help farmers.
 
The Union Budget 2008-09 sparked off a debate on the farmers’ loan. Many commentators said that the loan waiving will have little impact as 65 to 70 per cent of those who hold land do not get bank loans at all. Instead they had to rely on village money-lenders and mahajans, who extract huge interest from them.
The debate on the Union budget at least exposes the helplessness of the government in bailing out this section of the society. In a way we have not only accepted th... More
 
 
 
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Islamic Magazine
 In This Issue
BUDGET 2008
Paradoxes and InconsistenciesCOVER STORY
Deoband DeclarationEDITORIAL
Fellow-feelingGUIDANCE - II
Life after DeathGUIDANCE-I
BUDGET ALLOCATION FOR MUSLIM MINORITYINSIDE INDIA
IRAN'S PRESIDENT HAILS MUSLIM WORLD
There Is No Such Thing as PAYAAM-E-MAGHRIB
COMMUNALISM 
Changed Environment, Changed AgendaPOLICITAL JIGGERY POKERY
Attack on SecularismREADERS PULSE
 Special Issues
 Focus Issues
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