I think its not just population issue. If India would have
1. Most of the population as honest tax payers like other developed countries
2. Government and Beurocrats having long term vision and spending money on proper infrastructure
then it is possible.
Having said, I don't think all of above are 100% correct. As per my knowledge in US eligibility for getting $1200 is annual income less than $99000 and in their system income is calculated per family not individual like india. If we consider $99000/family, % of people below that income will be very less.
- I think its not just population issue.
- If India would have
1. Most of the population as honest tax payers
- If we consider $99000/family,
You must be joking. Right na !!!!!
btw, your so called 'not just population issue' does not contribute to any sort of tax, ooh sorry sorry, I correct myself, except for liquor and tobacco (in any form)