Friday, 21 January 2022

Thank You, Nitinbhai Gadkariji ,

 


 

Indian citizen expected from you,  “ Out of the Box / Bold  “ thinking, when they read :

 

Govt moving to allow common citizens to invest in infra projects : Nitin Gadkari / BL / 22 Jan 2022

Extract :

The Government is awaiting SEBI’s approval for enabling common citizens to invest at least Rs 1 lakh in infrastructure projects under a new model for asset monetisation, Nitin Gadkari, Minister for Road Transport and Highways said on Friday

“ Most pension fund and foreign investors are investing in projects. But we should take the cooperation of Indian people, particularly those who can invest a minimum of Rs 1 lakh in road projects, for which we have already developed a NEW MODEL.

We are awaiting approval from SEBI so that the common man can invest in NHAI ( National Highway Authority of India )

We are trying to give him an assured income of 7.5 – 8 per cent

My interest is to give benefit to the poor people who can invest in their economy because, in India, we have problems in pension, insurance and share economy “

For that reason, the Minister said, if small people can invest in infrastructure and get 7.5 – 8 per cent interest, it can be a GREAT THING for them – to contribute to infrastructure development and benefit from it too

 

Dear Shri Gadkariji,

 

About a month ago, you had announced this “ intention “ in Rajya Sabha


At that time, you talked about an “ interest rate “ of 6 % . Now you talk about 7.5 – 8 % ( new model ? )


Till the details of your proposal ( awaiting SEBI approval ) are made public, it continues to look , not much different than a FIXED DEPOSIT scheme , which is unlikely to raise Rs 100 Lakh x Crore that you need for planned highways


 I urge you to stop tinkering and adopt the scheme which I earlier suggested in my following e-mail :


 Congratulations, Nitinbhai ……………………. [  15 Dec 2021 ]


 With regards,

Hemen Parekh  /  hcp@RecruitGuru.com  /  22 Jan 2022

 

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