Are Subsidies Good or Bad For India

You might also like

Download as pdf or txt
Download as pdf or txt
You are on page 1of 9

हद (HTTPS://HINDI.TOMORROWMAKERS.COM) ABOUT US (HTTPS://WWW.TOMORROWMAKERS.

COM/ABOUT-US)
(HTTPS://WWW.FACEBOOK.COM/TOMORROWMAKERSINDIA)
(HTTPS://TWITTER.COM/TOMORROW_MAKERS)
(HTTPS://PLUS.GOOGLE.COM/+TOMORROWMAKERS_INDIA)
(HTTPS://WWW.PINTEREST.COM/TOMORROW_MAKERS)
(HTTPS://YOUTUBE.COM/CHANNEL/UCIMOHMGAX_PX7IJGHBPOF2A)
ARTICLES CALCULATORS INSURANCE PLANS QUIZ VIDEOS (/videos)
SIGN UP (HTTPS://WWW.TOMORROWMAKERS.COM/MEMBER/REGISTER/#HEADER) LOGIN (HTTPS://WWW.TOMORROWMAKERS.COM/MEMBER/LOGIN/#HEADER)

(https://www.tomorrowmakers.com/)
FINANCIAL PLANNING E-BOOKS (/e-books)

HOME (HTTPS://WWW.TOMORROWMAKERS.COM/) > ARTICLES (HTTPS://WWW.TOMORROWMAKERS.COM/ARTICLES)

> FINANCIAL PLANNING (HTTPS://WWW.TOMORROWMAKERS.COM/ARTICLES/FINANCIAL-PLANNING) > ARE SUBSIDIES GOOD OR BAD FOR INDIA?

Are subsidies good or bad for India?


15 February 2017
(/#facebook) (/#twitter) (/#google_plus) (/#linkedin) (/#pinterest)

Does India need subsidies? Yes, if the poor benefits


हद (HTTPS://HINDI.TOMORROWMAKERS.COM) ABOUT US (HTTPS://WWW.TOMORROWMAKERS.COM/ABOUT-US)
(HTTPS://WWW.FACEBOOK.COM/TOMORROWMAKERSINDIA)
(HTTPS://TWITTER.COM/TOMORROW_MAKERS)
(HTTPS://PLUS.GOOGLE.COM/+TOMORROWMAKERS_INDIA)
(HTTPS://WWW.PINTEREST.COM/TOMORROW_MAKERS)
(HTTPS://YOUTUBE.COM/CHANNEL/UCIMOHMGAX_PX7IJGHBPOF2A)
ARTICLES CALCULATORS INSURANCE PLANS QUIZ VIDEOS (/videos)
SIGN UP (HTTPS://WWW.TOMORROWMAKERS.COM/MEMBER/REGISTER/#HEADER) LOGIN (HTTPS://WWW.TOMORROWMAKERS.COM/MEMBER/LOGIN/#HEADER)

(https://www.tomorrowmakers.com/)
E-BOOKS (/e-books)

(https://www.tomorrowmakers.com/revive/www/delivery/ck.php?

oaparams=2__bannerid=246__zoneid=6__cb=178765a497__oadest=https%3A%2F%2Fwww.aegonlife.com%2Finsurance-products%2Fbuy-
child-plan-online-
2.html%3Fsource%3Daffiliate%26utm_source%3Dtomorrowmakers%26utm_medium%3Dpartner%26utm_campaign%3Ddisplay_tomorrowmakers%26source
Is subsidy a good thing for India, or is it bad? Does it help the poor, or only the rich? Worse, as is sometimes said, does the so-called “culture of
subsidy” promote idleness?

Advt: Your Child's Security Is Just A Click Away. Act Now And Enjoy Triple Benefits..click here
(https://www.tomorrowmakers.com/revive/www/delivery/ck.php?
oaparams=2__bannerid=236__zoneid=40__cb=dd1cc60e50__oadest=https%3A%2F%2Fwww.aegonlife.com%2Finsurance-products%2Fbuy-child-
plan-online-
2.html%3Fsource%3Daffiliate%26utm_source%3Dtomorrowmakers%26utm_medium%3Dpartner%26utm_campaign%3Dnative_tomorrowmakers%26sourcekey%3D

To reach an honest answer to these questions, the reader should perhaps first tackle a counter-question, an introspective one: “How many of my
relatives and friends have benefited from subsidised higher education?”

How many of them are doctors, graduating from a government medical college, having paid fees as low as Rs 6,000 a year (as in AIIMS, Delhi), for
a course that would have cost several lakhs in a private college? How many are engineers, with the same levels of fee-discounted education? Or
is maybe even a product of a top-notch general college (as in Presidency, Kolkata), with an annual fee of Rs 2,000, and received an education that
prepped him or her for a shot at a US university on scholarship? An estimated 130,000 Indian students are today enrolled in American colleges, it
would be interesting to see how many of those on scholarships have benefited from subsidised college education back home – and then stayed
on to get US citizenship.

Related: What does it cost to educate your child in India? [Infographic] (https://www.tomorrowmakers.com/articles/financial-planning/what-
does-it-cost-to-educate-your-child-in-india-infographic)

But why are subsidies provided in the first place? In India, where more than a fifth of the population is below the official poverty limit, it is given
for a variety of reasons, and in a variety of sectors.

Broadly, this could be to make items of daily need more affordable, such as food or fuel; create an employable pool of educated Indians who
would contribute to GDP growth (subsidised education); provide a leg-up to certain sectors, or boost industrialisation in under-developed areas
through tax exemptions.

And there is no precise, cut and dried answer to the question whether subsidy is good or bad – it depends on what subsidy one is talking about.
Ambiguity arises if subsidy is debated on an "ethical" plane; rather, the question ought to be asked in an “economic” sense: whether subsidy is
fulfilling the role it was designed for. The subsidy amount, after all, comes out of the taxes you and I pay.

Prime Minister Narendra Modi recognises this when he says the need of the hour is to plug the leakages in the subsidiary chain, not the policy per
se.
And nowhere is misuse more pronounced than it is in fuel subsidies. It is a fact recognised by various international organisations as well.
हद (HTTPS://HINDI.TOMORROWMAKERS.COM) ABOUT US (HTTPS://WWW.TOMORROWMAKERS.COM/ABOUT-US)
(HTTPS://WWW.FACEBOOK.COM/TOMORROWMAKERSINDIA)
(HTTPS://TWITTER.COM/TOMORROW_MAKERS)
(HTTPS://PLUS.GOOGLE.COM/+TOMORROWMAKERS_INDIA)
(HTTPS://WWW.PINTEREST.COM/TOMORROW_MAKERS)
(HTTPS://YOUTUBE.COM/CHANNEL/UCIMOHMGAX_PX7IJGHBPOF2A)
ARTICLES CALCULATORS INSURANCE PLANS QUIZ VIDEOS (/videos)
Related:
SIGN The financial Yays and Nays of 2016 [infographic] (https://www.tomorrowmakers.com/articles/financial-planning/the-financial-yays-
UP (HTTPS://WWW.TOMORROWMAKERS.COM/MEMBER/REGISTER/#HEADER) LOGIN (HTTPS://WWW.TOMORROWMAKERS.COM/MEMBER/LOGIN/#HEADER)

(https://www.tomorrowmakers.com/)
and-nays-of-2016-infographic)

E-BOOKS (/e-books)
Fuel Sops

In a report on how subsidised fuel eluded the targeted beneficiaries, the Washington, DC-based nonprofit Oil for Change (OIC), says that in
developing countries such as India, it was common for the prized commodity to be diverted to uses other than for which the subsidy was
intended.

In a report titled, “Fossil Fuels Don’t Benefit the Poor”, OIC says subsidised consignments frequently crossed borders, or were sold on the black
market, or were used for less efficient end-uses.

Taking the case of India, OIC referred to an on-the-ground survey that the Delhi-based nonprofit Vasudha Foundation conducted in eight states,
and found that “almost every policy design, subsidies and budgetary allocations intended to benefit the poor, end up benefiting primarily the well-
off sections of the society.”

This was compounding the continuously poor state of India’s rural energy infrastructure, OIC says.

In electricity subsidisation, where the generation is dependent on coal, oil or gas, subsidies assist households that are already connected to a
grid. In India, OIC says, this accounts for only about 56% of the population.

“Gasoline and diesel subsidies benefit people who own cars or other vehicles. In this case, poorer households simply cannot afford the car, let
alone the fuel,” OIC notes.

It also quotes from Vasudha’s findings to observe this was equally true for other energy fuels such as liquefied petroleum gas (LPG) and
kerosene, “with the urban rich being the major beneficiaries of these subsidies with very little trickling down to the rural population.”

Pro-Rich?

Magsaysay Award winning journalist P Sainath lays this bare in an incisive article some years ago, pointing out that in the budget for 2013-14, the
then Indian Finance Minister P Chidambaram wrote off Rs 48,635 crore in customs duty for the gold, diamonds and jewellery sector alone.

It was one of “the biggest write-offs,” that was “not quite the province of the aam aadmi or aam aura”, Sainath quipped. What was worse, he says,
citing budgetary figures, this waiver was “greater than what was written off on vegetables, fru​
its, cereals and vegetable oils”.

And this was not a one-off largesse either; duty write-offs on gold, dia​
m​
​onds and jewellery totalled Rs 1.67 lakh crore over the 36 months
spanning the 2011-14 period.

Related: Real Estate vs Gold: The Face Off [Infographic] (https://www.tomorrowmakers.com/articles/financial-planning/real-estate-vs-gold-


infographic)

Dissecting the UPA performance in this regard over nine years from 2005-06 to 2013-14, Sainath shows India Inc “on average received Rs 7 crore
every hour (or Rs 168 crore every day)” in write-offs on just direct corporate income tax alone.

“And that for nine years running,” he notes. “Longer, but we only have data for those nine years. And that’s if we look only at corporate income
tax.”

The amount quadruples if one were to take into account write-offs on customs and excise. The provisional figure written off for the corporate
sector was Rs 5,72,923 crore, or Rs 5.32 lakh crore, excluding personal income tax, which covers a relatively wider group of people.

Sainath points out this is about four times the “under-recoveries” (fuel subsidies) reported by the oil marketing companies in 2012-13.

Desirable Subsidy

Does this mean all subsidies are being given at the wrong places, and that there is no good being served? Far from it, subsidies on public
transport have made travelling affordable for millions of people, apart from reducing pollution and congestion on roads, as well as cutting down
on petrol consumption.

“Desirable subsidies” would include the rural employment generation scheme NGERA, midday meal programmes, healthcare, female
empowerment, funds allotted for the right to education among the poor, and agricultural loans.

In short, any subsidy that benefits women, the poor and the marginalised is good; their growth propels national growth.

Subsidies on medical equipment or medicines ensure healthcare for the poor, especially in a country like India that is bedeviled by a rickety rural
healthcare infrastructure. Moreover, policy incentives for pharma will help make India a hub of affordable treatment, like it is in ITES.
Similarly, subsidies for loans given for secondary agriculture initiatives reduce the burden on primary agriculture activities, and also help whittle
हद (HTTPS://HINDI.TOMORROWMAKERS.COM) ABOUT US (HTTPS://WWW.TOMORROWMAKERS.COM/ABOUT-US)
(HTTPS://WWW.FACEBOOK.COM/TOMORROWMAKERSINDIA)
(HTTPS://TWITTER.COM/TOMORROW_MAKERS)
(HTTPS://PLUS.GOOGLE.COM/+TOMORROWMAKERS_INDIA)
(HTTPS://WWW.PINTEREST.COM/TOMORROW_MAKERS)
(HTTPS://YOUTUBE.COM/CHANNEL/UCIMOHMGAX_PX7IJGHBPOF2A)
down disguised unemployment in the agri-sector.
ARTICLES CALCULATORS INSURANCE PLANS QUIZ VIDEOS (/videos)
SIGN UP (HTTPS://WWW.TOMORROWMAKERS.COM/MEMBER/REGISTER/#HEADER) LOGIN (HTTPS://WWW.TOMORROWMAKERS.COM/MEMBER/LOGIN/#HEADER)

(https://www.tomorrowmakers.com/)
The MSME sector is the backbone for any economy and in India, it accounts for 37% of the GDP. Subsidy here will not only strengthen this sector
but also ensure jobs for millions as well. E-BOOKS (/e-books)

Subsidies for renewable energy usage at public places and in residential areas, is much desired; solar subsidy, duty exemptions on imports of
expensive equipment, and incentives for green fuels like bio-fuels will propel investment in R&D and drive towards a more eco-friendly energy
regime.

Related: How going green can save your money (https://www.tomorrowmakers.com/articles/financial-planning/how-going-green-can-save-your-


money)

The final word

In his New Year’s address to the nation, Prime Minister Modi announced a slew of goodies that places a huge burden on the banks, but also
extends much-needed a helping hand to the poor and the middle-class. These include:

Enhancement of lending to the poor, the youth, the unemployed and the marginalised sections from the deposits that have accumulated on
account of demonetisation in an effort to create a more secure future for them;

An 8% assured rate of interest to senior citizens on their deposits;

Loan write-offs for farmers;

Larger volumes of credit to small and medium enterprises;

Enhanced credit guarantee for small businesses;

A 4% cut in the interest rate on housing loans up to Rs 9 lakh, and

A 3% cut in housing loans up to Rs 12 lakh.

In addition, every pregnant woman will get Rs 6,000 in her bank account; the announcement takes forward the promise of the Food Security Act of
2013.

But there is a caveat: however noble the intentions maybe, the benefits can be maximised only when the subsidies are transparent, focused, and
designed to plug leakages.

Modi has promised us he would work towards that. Now we just have to wait and see!

Advt: Protection Plan for your child. Immediate relief + yearly payments +additional savings for your Child’s future..click here
(https://www.tomorrowmakers.com/revive/www/delivery/ck.php?
oaparams=2__bannerid=238__zoneid=28__cb=01f3429414__oadest=https%3A%2F%2Fwww.aegonlife.com%2Finsurance-products%2Fbuy-child-plan-online-
2.html%3Fsource%3Daffiliate%26utm_source%3Dtomorrowmakers%26utm_medium%3Dpartner%26utm_campaign%3Dnative_tomorrowmakers%26sourcekey%3DiM2%7Cnativ

TOPIC: FINANCIAL PLANNING (/ARTICLE/TAGS/FINANCIAL-PLANNING), PERSONAL FINANCE (/ARTICLE/TAGS/PERSONAL-FINANCE), FINANCIAL POLICY


(/ARTICLE/TAGS/FINANCIAL-POLICY), GOVERNMENT REGULATIONS (/ARTICLE/TAGS/GOVERNMENT-REGULATIONS)

(/#facebook) (/#twitter) (/#google_plus) (/#linkedin) (/#pinterest)

Not Invested In Mutual Funds Upgrade To Superior Cooling Eye - Catching Features, Not Invested In Mutual Funds
Yet? Invest In Mutual Funds At With Hitachi Air Conditioners Excellent Image Quality. Buy Yet? Invest In Mutual Funds At
0 Cost Now 0 Cost
ads by adgebra

Maximum comments is 500 characters


हद (HTTPS://HINDI.TOMORROWMAKERS.COM) ABOUT US (HTTPS://WWW.TOMORROWMAKERS.COM/ABOUT-US)
(HTTPS://WWW.FACEBOOK.COM/TOMORROWMAKERSINDIA)
(HTTPS://TWITTER.COM/TOMORROW_MAKERS)
(HTTPS://PLUS.GOOGLE.COM/+TOMORROWMAKERS_INDIA)
(HTTPS://WWW.PINTEREST.COM/TOMORROW_MAKERS)
(HTTPS://YOUTUBE.COM/CHANNEL/UCIMOHMGAX_PX7IJGHBPOF2A)
POST COMMENT
ARTICLES CALCULATORS INSURANCE PLANS QUIZ VIDEOS (/videos)
SIGN UP (HTTPS://WWW.TOMORROWMAKERS.COM/MEMBER/REGISTER/#HEADER) LOGIN (HTTPS://WWW.TOMORROWMAKERS.COM/MEMBER/LOGIN/#HEADER)

(https://www.tomorrowmakers.com/)
E-BOOKS (/e-books)

Related Articles
(/articles/financial-planning/where-do-indians-invest-today-infographic)

Where do Indians Invest Today? [Infographic] (/articles/financial-planning/where-do-indians-invest-today-infographic)


(/articles/financial-planning/dummies-guide-to-mutual-funds)

Dummies guide to Mutual Funds (/articles/financial-planning/dummies-guide-to-mutual-funds)


(/articles/financial-planning/finance-bill-what-you-should-know-about-it-and-how-it-will-affect-you)

Finance Bill: What you should know about it and how it will affect you (/articles/financial-planning/finance-bill-what-you-should-know-about-it-and-how-it-will-affect-you)
(/articles/financial-planning/5-steps-to-help-you-get-a-kick-start-for-financial-year-2017-2018)

5 Steps to help you get a kick start for Financial Year 2017- 2018 (/articles/financial-planning/5-steps-to-help-you-get-a-kick-start-for-financial-year-2017-2018)

(https://www.tomorrowmakers.com/revive/www/delivery/ck.php?

oaparams=2__bannerid=212__zoneid=1__cb=e52434b0c0__oadest=https%3A%2F%2Fwww.aegonlife.com%2Fproduct%2Fiincome%2Fiincome-insurance-
online%3Fsource%3Daffiliate%26utm_source%3Dtomorrowmakers%26utm_medium%3Dpartner%26utm_campaign%3Ddisplay_tomorrowmakers%26sourcekey%3DiIncome%7Cdis
credited_300X250%7Cmar17)
DID YOU KNOW
हद (HTTPS://HINDI.TOMORROWMAKERS.COM) ABOUT US (HTTPS://WWW.TOMORROWMAKERS.COM/ABOUT-US)
(HTTPS://WWW.FACEBOOK.COM/TOMORROWMAKERSINDIA)
(HTTPS://TWITTER.COM/TOMORROW_MAKERS)
(HTTPS://PLUS.GOOGLE.COM/+TOMORROWMAKERS_INDIA)
(HTTPS://WWW.PINTEREST.COM/TOMORROW_MAKERS)
(HTTPS://YOUTUBE.COM/CHANNEL/UCIMOHMGAX_PX7IJGHBPOF2A)
ARTICLES CALCULATORS INSURANCE PLANS QUIZ VIDEOS (/videos)
SIGN UP (HTTPS://WWW.TOMORROWMAKERS.COM/MEMBER/REGISTER/#HEADER) LOGIN (HTTPS://WWW.TOMORROWMAKERS.COM/MEMBER/LOGIN/#HEADER)

(https://www.tomorrowmakers.com/)
E-BOOKS (/e-books)

(https://www.tomorrowmakers.com/revive/www/delivery/ck.php?

oaparams=2__bannerid=187__zoneid=1__cb=d04d52315f__oadest=https%3A%2F%2Fwww.aegonlife.com%2Fterm-insurance%2Fiterm-plan-
online%3Fsource%3Daffiliate%26utm_source%3Dtomorrowmakers%26utm_medium%3Dpartner%26utm_campaign%3Dnewparent300x250_tomorrowmakers%26utm_content%3Dc

MOST VIEWED CONTENT


हद (HTTPS://HINDI.TOMORROWMAKERS.COM) ABOUT US (HTTPS://WWW.TOMORROWMAKERS.COM/ABOUT-US)
(HTTPS://WWW.FACEBOOK.COM/TOMORROWMAKERSINDIA)
(HTTPS://TWITTER.COM/TOMORROW_MAKERS)
(HTTPS://PLUS.GOOGLE.COM/+TOMORROWMAKERS_INDIA)
(HTTPS://WWW.PINTEREST.COM/TOMORROW_MAKERS)
(HTTPS://YOUTUBE.COM/CHANNEL/UCIMOHMGAX_PX7IJGHBPOF2A)
ARTICLES CALCULATORS INSURANCE PLANS QUIZ VIDEOS (/videos)
SIGN UP (HTTPS://WWW.TOMORROWMAKERS.COM/MEMBER/REGISTER/#HEADER) LOGIN (HTTPS://WWW.TOMORROWMAKERS.COM/MEMBER/LOGIN/#HEADER)

(https://www.tomorrowmakers.com/)
E-BOOKS (/e-books)

FINANCIAL PLANNING (/ARTICLES/FINANCIAL-PLANNING)


5 situations where you should never use a credit card (/articles/financial-planning/5-situations-where-you-should-never-
use-a-credit-card)
While credit cards come with a host of benefits, they must be used carefully, and never in these situations!

FINANCIAL PLANNING (/ARTICLES/FINANCIAL-PLANNING)


All about IPOs in India (/articles/financial-planning/all-about-ipos-in-india)
Investing in IPOs can bring financial success in the future. But before doing so, here are some things you should know.

FINANCIAL PLANNING (/ARTICLES/FINANCIAL-PLANNING)


Credit card fraud is real [Infographic] (/articles/financial-planning/credit-card-fraud-is-real-infographic)
Converting your paper money to plastic does not guarantee safety! Here's why.

FINANCIAL PLANNING (/ARTICLES/FINANCIAL-PLANNING)


You want your children to be successful. But can you afford their success? (/articles/financial-planning/you-want-your-
children-to-be-successful-but-can-you-afford-their-success)
Did you know that inflation is education costs is higher than the national average? Here’s how you can manage.
हद (HTTPS://HINDI.TOMORROWMAKERS.COM) ABOUT US (HTTPS://WWW.TOMORROWMAKERS.COM/ABOUT-US)
(HTTPS://WWW.FACEBOOK.COM/TOMORROWMAKERSINDIA)
(HTTPS://TWITTER.COM/TOMORROW_MAKERS)
(HTTPS://PLUS.GOOGLE.COM/+TOMORROWMAKERS_INDIA)
(HTTPS://WWW.PINTEREST.COM/TOMORROW_MAKERS)
(HTTPS://YOUTUBE.COM/CHANNEL/UCIMOHMGAX_PX7IJGHBPOF2A)
ARTICLES CALCULATORS INSURANCE PLANS QUIZ VIDEOS (/videos)
SIGN UP (HTTPS://WWW.TOMORROWMAKERS.COM/MEMBER/REGISTER/#HEADER) LOGIN (HTTPS://WWW.TOMORROWMAKERS.COM/MEMBER/LOGIN/#HEADER)

(https://www.tomorrowmakers.com/)
E-BOOKS (/e-books)

FINANCIAL PLANNING (/ARTICLES/FINANCIAL-PLANNING)


Global investment in Gold ETF [Infographic] (/articles/financial-planning/global-investment-in-gold-etf-infographic)
Planning to invest in gold? If yes, here’s why you should consider putting your money in Gold ETFs.

FINANCIAL PLANNING (/ARTICLES/FINANCIAL-PLANNING)


Short term investment options for high returns (/articles/financial-planning/6-short-term-investment-options-for-your-
money)
Looking to earn maximum returns in a quick and easy manner? Find out 6 investment option on how exactly you can do short term investment to get high returns.

FINANCIAL PLANNING (/ARTICLES/FINANCIAL-PLANNING)


What do to do if you find yourself with fake cash (/articles/financial-planning/what-do-to-do-if-you-find-yourself-with-
fake-cash)
What if you end up with a fake currency note either from an ATM or during a cash transaction? Well we tell you how you can handle the situation.

INFORMATION ARTICLES
Contact Us (https://www.tomorrowmakers.com/contact-us) Insurance Basics (https://www.tomorrowmakers.com/articles/insurance-basics)

Privacy Policy (https://www.tomorrowmakers.com/privacy-policy) Life Insurance (https://www.tomorrowmakers.com/articles/life-insurance)

Terms & Conditions (https://www.tomorrowmakers.com/terms-conditions) Health Insurance (https://www.tomorrowmakers.com/articles/health-insurance)

FAQs (https://www.tomorrowmakers.com/faq) Retirement (https://www.tomorrowmakers.com/articles/retirement)

Site Map (https://www.tomorrowmakers.com/site-map) Car Insurance (https://www.tomorrowmakers.com/articles/car-insurance)

Financial Planning (https://www.tomorrowmakers.com/articles/financial-planning)


GLOSSARY
Infographics (https://www.tomorrowmakers.com/infographics)
Financial Planning (https://www.tomorrowmakers.com/glossary/financial-planning)
Videos (https://www.tomorrowmakers.com/videos)
Insurance (https://www.tomorrowmakers.com/glossary/insurance)
Whystop (https://www.tomorrowmakers.com/articles/why-stop)
Mutual Funds (https://www.tomorrowmakers.com/glossary/mutual-funds)
Tax Planning (https://www.tomorrowmakers.com/articles/tax-planning)

CALCULATORS
Life Insurance (https://www.tomorrowmakers.com/calculator/life-insurance-calculator)

Retirement (https://www.tomorrowmakers.com/calculator/retirement)

Education (https://www.tomorrowmakers.com/calculator/education)

Retireometer (https://www.tomorrowmakers.com/calculator/retireometer)

Budget Calculator (https://www.tomorrowmakers.com/calculator/budget-calculator)

EXPERT SPEAK
(/expert-speak)

QUIZ
(/quiz/how-many-of-these-financial-terms-can-you-identify-from-their-definition)

E-BOOKS
(/e-books)

INSURANCE PLANS
Term Plan (https://www.tomorrowmakers.com/insurance-plans/term-plan-overview)
हद (HTTPS://HINDI.TOMORROWMAKERS.COM) ABOUT US (HTTPS://WWW.TOMORROWMAKERS.COM/ABOUT-US)
(HTTPS://WWW.FACEBOOK.COM/TOMORROWMAKERSINDIA)
(HTTPS://TWITTER.COM/TOMORROW_MAKERS)
(HTTPS://PLUS.GOOGLE.COM/+TOMORROWMAKERS_INDIA)
(HTTPS://WWW.PINTEREST.COM/TOMORROW_MAKERS)
(HTTPS://YOUTUBE.COM/CHANNEL/UCIMOHMGAX_PX7IJGHBPOF2A)
ARTICLES CALCULATORS
Return of Premium (https://www.tomorrowmakers.com/insurance-plans/term-plans-with- INSURANCE PLANS QUIZ VIDEOS (/videos)
SIGN UP (HTTPS://WWW.TOMORROWMAKERS.COM/MEMBER/REGISTER/#HEADER)
return-of-premium-trop) LOGIN (HTTPS://WWW.TOMORROWMAKERS.COM/MEMBER/LOGIN/#HEADER)

(https://www.tomorrowmakers.com/)
ULIPs (https://www.tomorrowmakers.com/insurance-plans/unit-linked-insurance-plan-ulips)

Child Plans (https://www.tomorrowmakers.com/insurance-plans/child-plans) E-BOOKS (/e-books)


Home Insurance (https://www.tomorrowmakers.com/insurance-plans/home-insurance)

Car Insurance (https://www.tomorrowmakers.com/insurance-plans/car-insurance)

Health Insurance (https://www.tomorrowmakers.com/insurance-plans/health-insurance)

Income Protection Plans (https://www.tomorrowmakers.com/insurance-plans/income-


protection-plans)

Whole Life Policies (https://www.tomorrowmakers.com/insurance-plans/whole-life-policies)

NEWSLETTER
Type your email Subscribe

Subscribe to our newsletter

FIND US
(http://www.facebook.com/tomorrowmakerscom)
(http://www.twitter.com/tomorrow_makers)
(http://www.plus.google.com/+Tomorrowmakers_India)
(http://www.pinterest.com/tomorrow_makers)
(https://youtube.com/channel/UCiMOHmGaX_pX7ijghBpoF2A)
(https://smarticon.geotrust.com/smarticonprofile?Referer=https://www.tomorrowmakers.com)

COPYRIGHT © [2015-2017] Transamerica Direct Marketing Consultants Private Limited. All Rights Reserved.

You might also like