In a recent interview with MINT ,
Ruchir
Sharma ( author of " Rise
and Fall of Nations " ) summarized
his own " recommendations " for the forthcoming UNION BUDGET as follows :
" For the nation, what we need currently, if we have to become GLOBALLY
COMPETITIVE and to grow at the rate of 7 % , which is so difficult to do in today's
environment on a sustained basis at the time when the global economy is growing
at 3 % , is that :
* we need to basically react to the
international environment
Some suggestions
towards this at :
{ http://myblogepage.blogspot.com/2016/11/automation-is-inescapable.html
}
{ http://myblogepage.blogspot.com/2016/12/one-up-on-donald-trump.html }
{ http://myblogepage.blogspot.com/2016/06/level-playing-field.html
}
-------------------------------------------------------------------------------------------------------
* we have to cut our
Corporate Tax Rates very sharply
Some suggestions
towards this at :
{ http://myblogepage.blogspot.com/2016/02/something-is-better-than-nothing.html
}
{ http://myblogepage.blogspot.com/2016/01/structural-reforms.html }
{ http://myblogepage.blogspot.com/2014/02/create-wealth-to-create-jobs.html
}
-------------------------------------------------------------------------------------------------------
* we need to privatize our bloated public
sector,
Some suggestions towards this at :
{ http://myblogepage.blogspot.com/2015/07/close-in-india.html }
-------------------------------------------------------------------------------------------------------
And , if you want to bring money back in,
* how to incentivize people to come back into
the country and that needs to be done with
more carrot than sticks like more incentives
rather than disincentives
Some suggestions towards this at :
{ http://myblogepage.blogspot.com/2016/07/fdi-by-any-other-name.html
}
{ http://myblogepage.blogspot.com/2016/04/making-india-tax-haven.html
}
{ http://myblogepage.blogspot.com/2016/02/time-is-now.html
}
{ http://myblogepage.blogspot.com/2015/07/a-gordian-knot.html
}
{ http://myblogepage.blogspot.com/2015/01/a-virtuous-circle.html }
{ http://myblogepage.blogspot.com/2014/07/central-2014-dear-shri-arun-jaitleyji.html
}
{ http://myblogepage.blogspot.com/2014/06/white-holes-of-black-money.html }
{ http://myblogepage.blogspot.com/2014/04/to-be-or-not-to-be.html }
{ http://myblogepage.blogspot.com/2014/03/manifesto-misconduct.html }
{ http://myblogepage.blogspot.com/2014/03/legalize-money-laundering.html }
-------------------------------------------------------------------------------------------------------
Like my above-mentioned emails , there is no doubt that Shri Arun
Jaitleyji must have received thousands of similar suggestions in the past few
weeks
There is a small probability that some of
these may find a place in his budget speech in Lok Sabha , on 01 Feb 2017 ,
even though , in a watered down version
But the only BUDGETARY REFORM that can engrave his name in the annals of
history can be :
An Unprecedented Budget Reform (
09 Dec 2016 )
{ http://myblogepage.blogspot.com/2016/12/an-unprecedented-budget-reform.html }
-------------------------------------------------------------------------------------------------------
01 Jan 2017
www.hemenparekh.in / blogs
A very Great and interesting post. Thanks for sharing Your lifetime Experiences with us.
ReplyDeleteYour Post explains it Very Well, I just Love it to Read.
very Knowledge Post
Once again thanks for sharing with us. :) ��