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 24 August 2019

Saluting the Reform Architect : Arun Jaitleyji




RIP :  Shri Arun Jaitleyji



Today’s newspapers carry millions of words describing a slew of ECONOMIC REFORMS that Shri Jaitley initiated during past 5 years



Frequently mentioned among dozens of these reforms , are :


#   GST

#   NPA resolution mechanism



Without doubt, these are important achievements which will change the rules of governance



But , without exception, the editors and expert authors / writers, missed out his greatest reform, viz :



“ Starting 2017 , introduction of OUTPUT BUDGET



Here is the genesis :



#   Immediately after NDA govt assumed office in May 2014 ( but before presentation of its
     fist budget in Feb 2015 ), I sent following email to Shri Jaitleyji,


     

    BUDGETING BY OBJECTIVES                           [  05  Dec  2014  ]




-          urging him to shift the budget emphasis from :



#  Expenditure Allocations “ for various Ministries and refocus on  actual / physical /
      measurable , ACHIEVEMENT TARGETS for each Ministry


      
#      Resource Inputs   to  Physical Outputs   ( Productivity of Inputs )




I followed this up in my following emails :


An Unprecedented Budget Reform                           [  09  Dec  2016  ]

Another {  Welcome   } First                                    [  01  Feb  2017  ]



With introduction of this OUTPUT BUDGET, Shri Jaitley succeeded in re-focussing the efforts / actions of all the Ministries, from :



#    Amount of budgeted / allocated money / funds , actually SPENT ( by year-end ) , to



#    Actual / Physical / Measurable TARGETS set at the beginning of the year, and achieved
      by year-end, as a “ MEASURE  OF  ACHIEVEMENT




This was a reform in changing the :


#     ATTITUDE of the bureaucrats and Ministers

 
#     way to measure ACHIEVEMENTS

    
#     way to hold Ministers ACCOUNTABLE


#    way to measure the ministerial PERFORMANCE  through an ongoing SCORE CARD


#    deception of “ Shooting first and then drawing concentric circles around the hole “


#    culture of Opaqueness to Transparency of govt achievements



Some day when political / economic historians write the HISTORY of REFORMS undertaken by the NDA government, I have no doubt that this OUTPUT BUDGETING will top the list




Dear Departed Soul ,



You have carved out your name in the annals of India’s REFORM HISTORY  - for which , not only this but all the coming generations of Indians will remember you !



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

25  Aug  2019


Rsvp :  hcp@RecruitGuru.com


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