Wrong Business ?

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  )