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

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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 " ?  )  :

   
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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 !




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25  May  2019

hcp@RecruitGuru.com

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