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Practice Reading: Fill in the Blanks (Dropdown)
ID: #34225
Private funding
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Private funding, in this argument, is an unacceptable form of political lobbying which the specific demands of donors from generally favoring conservative, mainstream parties, squeezing out those representing minority voices. Whatever its merits, the most serious obstacle to this kind of comes from the precarious nature of public finance in the country. At a time when the Indian state is already hard-pressed to find resources for education, health, and other security activities, can there be a case for it to burden itself with a new category of expenses? In purely economic terms too, the tax breaks do not augur well for the savings sector; and this when the sagging savings graph in the economy is already a matter of increasing anxiety.
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