Talking about Narendra Modi's " Crony Capitalism
" , Rahul Gandhi said ,
" During 12
years of NaMo's rule in Gujarat , Gautam Adani's companies '
assets ( or did
he mean , Market Cap ? or Revenue
? it does not matter )
went up from Rs 3000 crores to Rs 40,000 crores "
That is a CAGR ( Compounded Annual Growth Rate ) of 25
%
Now look at the assets declared by the Congress
Candidates of the current Lok Sabha elections ( Let us not inquire re: Undeclared Assets ! )
Within 5 years ( from 2009 to 2014 ) , the average
assets of these Congressmen , went up from Rs 4.87 crores to Rs 54.38
crores !
That is a CAGR of 62
% !
So , which is a better business ?
> Building
Nation by building Ports , Power
Stations , Infrastructure etc ?
OR
> Fooling
Nation by robbing its precious natural resources , such
Spectrum ,
Coal , Gas , Minerals , etc ?
> Not
revealing the names of 50 individuals who have stashed away black
money in
German Banks - and whose names , German Government has
provided 3 years
back ?
> Promoting
" Crony Relative-ism " when it comes to buying government
land for Rs
1 lakh / hectare and selling for Rs 100 lakhs / hectare ?
Gautambhai ,
Obviously , you are in the wrong business !
Switch over to sycophancy !
Enjoy a CAGR of 200 %
!
Then , like late Babu Jagjivan Ram , don't file your
Income Tax Return for next 10 years - and , if reminded , say , " I just
forgot " !
* hemen parekh
( 24 April
2014 / Mumbai
)
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