Most of us listened to the debate in Rajya Sabha
yesterday , re Augusta Scam
One thing emerged , time and again , viz:
Tender Specifications got " tailor made " to
suit Augusta and to rule out all competition
Now , after coming into power in May 2014 , NDA
government has taken a few steps to eliminate such " built-in biases
" from the tendering process and make it transparent
While appreciating that " Negotiation Process
" ( after receipt of the offers ), cannot be carried out publicly , I
believe , there is still , a long way go to improve the tendering process , as per my
following suggestion , sent to Shri Narendra Modiji , on 06
Nov 2014
( as email and hard copy ) :
-------------------------------------------------------------------------------------
SCAMS ARE AVOIDABLE !
( blog date : 21 April 2014 )
Early this week , Supreme Court held that , CAG ( Comptroller
and Auditor General ) has the right - and obligation - to conduct an audit of
telecoms
WHY ?
> Spectrum is a natural resource that belongs to
the nation
> Private telecom companies have a
revenue-sharing agreement with the
Central Government , for allowing
them to " exploit " this natural
- and national - resource
WHAT ELSE ?
> This logic should also hold good for all private
companies , who are
allowed to exploit India's NATURAL / NATIONAL
resources , to create
materials / energy
Here is a partial list :
* Fossil Fuels ( Oil / Gas / Coal )
* Minerals
* Sea-bed Nodules
* River Waters
* Wind
* Tides
* Sunlight
* Sea Water
* Jungles / Trees
* Earth's Magnetism
* Electromagnetic Waves
* Gravitational Force.....etc
HOW ?
* Tendering process must be public / transparent /
equitable
* Tender terms must be open for scrutiny/comment by
public
* All resource-exploitation licenses must follow auction
route
* Eligibility Criteria must be pre-defined / publicized in
advance
* Licenses should be valid for pre-defined fixed period
* Licenses cannot be renewed / extended
* Concerned States must have a share in profit-sharing etc
* Profit - sharing formula must be part of tenders
* Any failure / delay on part of the Licensee Company to
implement the
Contract , will require return / surrender of the
natural resource
concerned , to the Central Government, with
appropriate penalties
* Natural Resource involved , cannot be hypothecated to
banks / financial
institutions to raise loans
* Shares of the licensee companies cannot be traded in
open market or
pledged , without prior permission from
Central Government
* CAG Audit will be mandatory and reports must be
published
* Tendering / Auctioning / Licensing must not be
handled by any Govt
Department . A separate statutory
authority should be created for this
* To encourage early / fast implementations of
Exploitation Licenses , there
will be no Corporate Income Tax for the
Licensee Companies
* Each license will be given only to a SPV , created
for this purpose
* Cost-escalation leading to any Selling Price
Escalations would be pre-
defined
IN HIND-SIGHT
* Had we followed the above-mentioned process ,
perhaps , we could have
avoided several scams of recent past
and KG-D6 type disputes
* We could have also avoided ,
# Arbitrary price
escalations
# Inflation
# Private profiteering
# Costly litigations
# Policy and Decision
Paralysis
--------------------------------------------------------------------------------------------------------------------------------------------------------------------------
www.hemenparekh.in / blogs
05 May 2016
------------------------------------------------------------------------------------------
------------------------------------------------------------------------------------------
Make
Yourself Heard
Dear Visitor :
It is time for YOU to speak up - and demand that YOU
are heard
By emailing this suggestion - incorporating your OWN
improvements - to the following Policy Makers
( Just multiple
copy all the following Email IDs into the Recipient column of your Outlook and
Copy / paste this suggestion in the Message Box ) :
narendramodi1234@gmail.com;
38ashokroad@gmail.com;ajaitley@del5.vsnl.net.in;
jayant.sinha19@sansad.nic.in;piyush.goyal@gov.in;nitin.gadkari@nic.in; spprabhu1@rediffmail.com;bandaru@sansad.nic.in;smritizirani@nic.in;nsitharaman@nic.in;
ravis@sansad.nic.in;sureshprabhu@irctc.co.in;prakash.j@sansad.nic.in;secy-ipp@nic.in;
amitabh.kant@nic.in; shaktikanta.das@nic.in; rsecy@nic.in; adhia1981@gmail.com;
ceo-niti@nic.in; atul-chaturvedi@nic.in; uma.bharati@sansad.nic.in;
d.pradhan@sansad.nic.in; rprudy.office@gmail.com; rudypr@rediffmail.com;
eam@mea.gov.in; mosvks@mea.gov.in; mvnaidu@sansad.nic.in; mnaqvi@sansad.nic.in;
rao.inderjit@sansad.nic.in; mljoffice@gov.in; sadananda.gowda@sansad.nic.in;
ministerminority@gov.in; najmah@sansad.nic.in; minister-ca@nic.in;
ramvilas.paswan@sansad.nic.in; gandhim@sansad.nic.in;
akumar-alpha@sansad.nic.in; jpnadda@sansad.nic.in; hm.moca@nic.in;
geete@sansad.nic.in; simratbadal@yahoo.com; ns.tomar@nic.in;
rmsingh@sansad.nic.in; tc.gehlot@sansad.nic.in;
dr.harshvardhan@sansad.nic.in
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