Saturday, 31 December 2016

BUDGET SUGGEST - 2017



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 :

    * AUTOMATION  IS  INESCAPABLE  (  30  Nov  2016  )

     {  http://myblogepage.blogspot.in/2016/11/automation-is-inescapable.html }

    *  ONE  UP  ON  DONALD  TRUMP  (  15  Dec  2016  )

     {  http://myblogepage.blogspot.in/2016/12/one-up-on-donald-trump.html  }

    *  LEVEL  PLAYING  FIELD  ?  (  11  June  2016  )

     { http://myblogepage.blogspot.in/2016/06/level-playing-field.html }


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we have to cut our Corporate Tax Rates very sharply


   Some suggestions towards this at :

   *  SOMETHING  IS  BETTER  THAN   NOTHING  (  07  Feb  2016  )

   { http://myblogepage.blogspot.in/2016/02/something-is-better-than-nothing.html }

   *  STRUCTURAL  REFORMS  (  30  Jan  2016  )

   {  http://myblogepage.blogspot.in/2016/01/structural-reforms.html  }

   *  CREATE   WEALTH  TO  CREATE  JOBS  (  26  Feb  2016  )

   {  http://myblogepage.blogspot.in/2014/02/create-wealth-to-create-jobs.html }


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*  we need to privatize our bloated public sector,


Some suggestions towards this at :

  *  CLOSE  IN  INDIA  (  22  July  2015  )

    { http://myblogepage.blogspot.in/2015/07/close-in-india.html  }


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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 :

   *  FDI  BY   ANY  OTHER   NAME  (  01  July  2016  )

     { http://myblogepage.blogspot.in/2016/07/fdi-by-any-other-name.html }

   *  MAKING  INDIA  A  TAX  HAVEN ?  (  04  April  2016  )

    { http://myblogepage.blogspot.in/2016/04/making-india-tax-haven.html }

   *  Time  is   NOW  (  02  Feb  2016  )

    { http://myblogepage.blogspot.in/2016/02/time-is-now.html }

  *  A  Gordian  Knot  ?  (  05  July  2015  )

    { http://myblogepage.blogspot.in/2015/07/a-gordian-knot.html }

 *  A  Virtuous  Circle  ?  (  04  Jan  2015  )

   {  http://myblogepage.blogspot.in/2015/01/a-virtuous-circle.html  }

Central Budget - 2014  (  07  July  2014  )

{  http://myblogepage.blogspot.in/2014/07/central-2014-dear-shri-arun-jaitleyji.html }


White  Holes  of  Black  Money  (  03  June  2014  )

   {  http://myblogepage.blogspot.in/2014/06/white-holes-of-black-money.html  }

To  Be  or  Not  To  Be  ?  ( 17  April  2014  )

   { http://myblogepage.blogspot.in/2014/04/to-be-or-not-to-be.html  }

Manifesto  Misconduct  ?  ( 26  March  2014  )

   {  http://myblogepage.blogspot.in/2014/03/manifesto-misconduct.html  }

Legalize  Money  Laundering  ?  (  23  March  2014  )

   {  http://myblogepage.blogspot.in/2014/03/legalize-money-laundering.html  }

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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 :


{  http://myblogepage.blogspot.in/2016/12/an-unprecedented-budget-reform.html  }


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01  Jan  2017

www.hemenparekh.in / blogs


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