Hi Friends,

Even as I launch this today ( my 80th Birthday ), I realize that there is yet so much to say and do. There is just no time to look back, no time to wonder,"Will anyone read these pages?"

With regards,
Hemen Parekh
27 June 2013

Now as I approach my 90th birthday ( 27 June 2023 ) , I invite you to visit my Digital Avatar ( www.hemenparekh.ai ) – and continue chatting with me , even when I am no more here physically

Saturday, 25 May 2019

What got achieved ?


What  got  achieved  ?


Today’s Times of India carries following news :



Highlights of Estimated Investment in 5 years ( Rs Lakh * crore ) :

#  Transport  …………………………….. 30

#   Energy  ………………………………….20

#   Urban Infra and Housing …….. 12

#   Health  …………………………………   10

#   Defense  ……………………………..    9

#   Digital   …………………………………   7

#   Agriculture …………………………….  5

#   Mining and Metals  ……………….. 5

#   Education ……………………………..  1

#   Tourism  ……………………………..    1

============================

Total  ………………………………………….. 100

===========================

Key Areas :

#   High Speed Rail Corridors………… 10

#   Rivers to be interlinked …………… 37

#   Ports under Sagarmala……………  605

#   Plants to extract Biomass………. 5,000

#   Houses to get Subsidy …………… 2 CR

================================

Key Concerns :


[ A  ]

    Preparing “ Investment Estimates “ was never any serious problem for us

    5 years ago ( on 07 April 2014 ), I had made following estimates ,using BJP Manifesto of

    2014 (  Don't Ask " How " ?  )  :

   
------------------------------------------------------------------------------------
PROJECT   .................................... Approx Cost ( Rs Lakh * Crores  )
-------------------------------------------------------------------------------------

#  100 Mega Cities........................   90

#  Interlinking of Rivers..................  60

#  Sagar Mala of Ports....................  30

#  Highways ( 25,000 Km )..............  50

#  Housing ( 100 mill units )............   100

#  Rivers Cleaning..........................   10

#  Other Infra Projects....................    100

   * Freight Corridors

   * Gas Grids

   * OFC Network


------------------------------------------------------------------------------------
Total ..........................................Rs  430  Lakh Crores
------------------------------------------------------------------------------------

 

 [  B  ]

 In the current “ Sankalp Patra ( new name for Manifesto ) “ of BJP, there is no mention of precisely WHAT / HOW MUCH got actually achieved ( - a kind of REPORT CARD ) against whatever “ Physical  Targets “ were set in 2014, - and using HOW MUCH investment !

Simple Summary of Sankalp



[  C  ]

How are those funds going to be mobilized , considering that :

#   For the past 2 years, Private Investment has dried up

#   Govt is seriously considering reduction in Personal and Corporate Income Tax

#   Banks / Financial Institutions are plagued by huge NPAs and unwilling to give loans

#   Many bankers are under investigations and more are expecting !


To me, getting BLACK MONEY to get into PRODUCTIVE ASSETS , through AMNESTY SCHEME ( along the lines of Indonesia which last year managed to raise $ 342 Billion through such a Scheme ), seems the only way out !


Dear Narendrabhai :


Even RAMAYANA and MAHABHARAT are having incidences where Lord Rama / Krishna had to resort to ( apparently unethical ) MEANS in order to achieve ultimate GOOD !




=================================================

25  May  2019

hcp@RecruitGuru.com

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