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

Sunday, 23 February 2014

Poll Promises ? Tall Promises ?



Yesterday , following Supreme Court directives , the Election Commission , revised , " Model Code of Conduct " , containing guidelines on what kind of poll promises , political parties can incorporate in their poll manifestos



GUIDELINES



>   Parties shall make only those promises which are possible to be fulfilled


>   It is expected that manifestos also reflect the rationale for the promises
     and broadly indicate the ways and means to meet the financial
    requirements for it


>   Party in power shall stop advertizing for publicity of achievements



REACTIONS



>   BJP             ( Mukhtar Abbas Naqvi )


    "  BJP never makes unrealistic promises. We will assure the EC that our
    promises can be realized "



>  CONGRESS   ( a leader said , anonymously )


    " The Congress Manifesto would reflect the real issues and not make
     empty promises  "



Although , neither BJP , nor Congress , have released their poll manifestos so far , their leaders have openly " promised " , the following in election rallies :


BJP



>  In 5 years , we will construct 100 smart Mega-Cities
    ( works out to a brand new mega-city , every 18 days  ! )

    Now each mega city would cost about Rs 70,000  Crores ( current
    estimate for Dholera - Gujarat )

    That means , to build 100 mega-cities , BJP government ( if elected ),
    must find,



    Rs  7,000,000  Crores  ( only  !  )



    I suppose, they will succeed in convincing the EC , that ALL the black
    money that they will bring back from those Swiss bank accounts , will
    take care of the financing issue !


    But there is a real danger that the EC may turn around and ask :


    " Modi Saheb ,


    To people of Gujarat you promised ( in your Manifesto dt 6 Dec 2012 ),
    that , if voted to power , you will construct 5 Million houses for the poor,
   in 5 years


   That works out to 2,740 new houses EVERYDAY for 1825 days


   420 days have elapsed since you assumed power in Gujarat


   Where are those  11,50,685  houses , which are supposed to be ready ? "



 
CONGRESS



>  We will create 100 million new " skilled " jobs for youth in next 10 years
    That is 50 million ( 500 lakhs ) jobs in next 5 years (  if voted to power  -
    hence not to worry  !  )


    Now , even  a small time industry ( SME ) , needs Rs 10 lakhs worth of
    investment ( fixed + working capital ) , to hire ONE person


   So , creation of 500 lakh ( 50 million ) jobs ( in 5 years ) would require,
   Rs 50 Million Million


   ie : 5,000,000  Crores  !


  Election Commission :


  Rahulji , From where will you find this money  ?

       

  Rahulji :


  No need to depend upon those Swiss bankers to return that black money !


Our industrialist fund donors and scam-involved Netas / Officers , have enough    money stashed away locally , in bank lockers , gold , land etc



AAP



And , not to be outdone , even AAP succumbed to such " Selling of Dreams " , by promising the people of Delhi , that , if voted to power , it will construct 500 new schools in 5 years !


That is ONE new school every 4th day  ! - 12 schools in those 48 days  ?


And my estimate is , those 500 schools each, will need Rs 10 crores to build -


ie:  Rs 5,000 crores


And each of those schools will need Rs 1 Crore per year by way of staff salaries and maintenance - an annual burden of Rs 500 Crores  !


Normally cynical about poll promises , I feel , this time around , people of India will , carefully read the manifestos


Some may even complain to the EC , if they find " Tall Promises "  !


*  hemen  parekh  (  24  Feb  2014  /  Mumbai  )

  

  

  



     

Saturday, 22 February 2014

NaMo replies !



In a letter to Narendra Modi , Arvind Kejriwal raised three issues / questions , viz :,



>  If you were to become PM , will you reverse the decision on gas price  ?


>  As a PM , what will you do to bring back the black money stashed in
    Swiss bank accounts  ?


>  Who is financing BJP's election campaign ?  Is it Reliance  ? What is the
    nature of your " relationship " with Mukesh Ambani  ?



No one - Arvind included - expects NaMo to reply


But , if NaMo was bent upon committing a " Political Harakiri " ,  his reply would be short - and sweet - as follows :

-----------------------------------------------------------



Dear Arvindji



Thank you for writing


I am glad that you consider my chances of becoming the next PM , to be so very high . It came as a breath of fresh air after listening to all those " gallies " from lowly Congress Netas


Of course , by envisaging me as the next PM of India , you have run the risk of being called , the B team of BJP  !


But then , how can I  stop an Aam Aadmi like you from dreaming  !


In a normal course , I would have liked to answer your letter , only AFTER , I became the PM ( - since , RTI would , in any case , oblige me to do so  )


However , since I consider you to be my " friend " ( - isn't " enemy of your enemy , a friend  " ?  ) , here are my very relevant answers to your equally irrelevant questions

  :


Q:  1


Of course , not  !




Q:  2

Of course , yes  !


Since every MP of BJP has signed an affidavit , saying he / she has not stashed away , any black money in Swiss banks


So , obviously , all the black money lying in Swiss banks , must belong to the Congressmen - no  ?


(  please note : I have no knowledge  of any banks other than Swiss banks )




Q:  3

Everyone knows who finances BJP's election campaign  !


Same guys who are financing the election campaigns of Congress , SP , BSP , DMK , AIDMK , BJD , RJD , TMC , CPI (M) ..etc etc


Since they have smaller donations , they are better placed to answer your questions


I am taking the liberty to forward to them , copies of your letter , with a request to send their replies to you directly . In future, send copies yourself


As to my relationship with Mukesh is concerned  -  he is just a friend


 Haven't you heard , " A friend in need is a friend indeed "  ?



with regards ,

Yours Transparently ,

Narendra Modi



PS :

In case you are planning to sit on a dharana outside my office in near future , I am not attending CM's office for the next 3 months


Why didn't you do the same ?


Lastly - please do not leak out my reply to a certain TV anchor ( you know who ) , who  , unashamedly digs out historical facts ,  to embarrass   my party spokespersons like Meenakshi Lekhi / Smriti Irani etc .


Very un-gallant  !


-----------------------------------------------------------

*   hemen   parekh  (  23  Feb  2014  /  Mumbai  )




Thursday, 20 February 2014

Deciding is Difficult



How do you go about deciding who shall be your candidate for the forthcoming elections  ?


For most political parties , only one thing matters most, viz :,


"  Is he ( or she ), likely to win  ? What is the probability of winning ? "


It is this same simple " rule " that people all around the World use , whether betting on a ,


>   horse  ( in a derby  )


>   batsman  (  in a cricket match  )


>   car driver  (  in Grand Prix  )


Or ,


>   politician  (  in an election  )


Nothing else matters . Ask any " Bookie "  !


But AAP  ( Aam  Aadmi  Party  ) added some more factors to be considered while selecting its candidates for 2014 elections , viz : ,


>  He must be honest and non-corruptible


>  He must not be greedy for power


>  He shall be a firm believer in AAP's " Moral Philosophy "


>  He must not have any criminal background


Except for the last point , others are very difficult to verify


But , to me , it seems AAP forgot to mention ( intentionally  ?  ) , the following , very important points :

>  He must have enough accumulated wealth or known / public , " Sources
    of  legitimate Income " , that he does not need to worry about how to
    survive on a MP / MLA's salary , while devoting full time to his duties,
    (  while remaining " Non-corrupt " )


    Not being the " only earning member " of his family is an advantage  !


>  He must be well - known amongst the local voters as a " Social Activist ",
    so that , he has a high " Recall Value " , when the voters look at his name
    on the EVM


Arvind - and his colleagues - need to explain these " Selection Criteria " to the voters , again and again , so that there is no opposition / dissent of the kind we are witnessing , upon declaration of the first list of 20 ( Celebrity ? ) candidates


Still better would be :


>   Design a Online form , listing ALL the Selection Criteria


>   Assign " Weightages " to each criteria


>   Assign a " Rating Scale " of 1 to 5 ( 1=worst / 5= Best )


>   Get 50 Core Committee  Members of AAP , to rate each " Nominee "
     candidate , for each Selection Criteria , online ( without getting
     influenced by anyone )


>   Let the software compute the " Overall Scores " for each candidate


>   Let the software compute the " Percentile Scores " for each candidate


>   Let the software declare the " Winner "  !



If 1.6 million citizens of Estonia can " elect " all the members of their Parliament  ONLINE , then surely , AAP geeks should face no problem in this utterly transparent method !


Let them read , " Wisdom of the Crowd " !



As with everything else , AAP must blaze a new path in its selection process







*   hemen  parekh  (  21  Feb  2014  /  Mumbai  )


Arvind is an Anarchist !



He did not ,



-  Spray black pepper in Lok Sabha


-  Take off shirt in UP Assembly


-  Slap a marshal in J&K Assembly


-  Shout in the well of Delhi Assembly


-  Snatch papers / Threw chairs / Broke mikes in Rajya Sabha





Nor did he ,


-  Accept cash donations for AAP ( with or without receipts )


-  Buy out Congress MLAs


-  Give in to own greedy party-men


-  Ride with red beacon flashing


-  Appoint Chamcha Ministers





Neither did he ,


-  Give out contracts to cousins


-  Forgot to file Income Tax returns


-  Refuse  to vacate government bungalow


-  Go on foreign junket at govt expenses


-  Appoint toll agencies for a " consideration "





All that he did was ,


-  Made minor honest mistakes and apologized


-  Started audit of power discoms


-  Filed FIR for corruption in Jal Board / CWG / Reliance / Central Govt


-  Sat on a peaceful dharna when stopped by police


-  Try to pass a Jan Lokpal bill ( subjecting himself )


-  Resigned - rather than compromise with his principles



 

But Congress-men and the BJP-men and the TV Anchors  say :



"  Arvind is an Anarchist


   Arvind is an Escapist


   Arvind is an Opportunist


   Arvind is an Egotist

 
   Arvind has no experience  "




I  am glad,



Arvind has no experience of the kind they talk of  !


His lack of " dirty political experience " is our best hope



*  hemen  parekh  (  20  Feb  2014  /  Mumbai  )

  

Tuesday, 18 February 2014

Darkness at Noon !



Some 70 years ago , when Italian scientist Enrico Fermi succeeded in exploding the first atom bomb ( Project Manhattan ) , the secret message sent to the President of America read ,


"  The Italian Navigator has landed  "


American government did not want its citizens to know that it has mastered the deadliest weapon ever invented


Yesterday , closer home , on the shores of India , another Italian Mariner landed


She did not want the people of India to know , how Telengana Bill got passed


So , the live telecast of Lok Sabha was " blacked out "


According to eye-witness , Dinesh Trivedi ( MP - TMC ) ,


>  Army was deployed all around Lok Sabha building


>  MPs had to park their cars outside and walk down


>  Everyone started shouting when bill got tabled


>  No MP could argue for or against the bill


>  18  Congress MPs ( from Andhra ) were suspended and prevented from
     participating


>  3 Congress Ministers ( from Andhra ) rushed into the well , shouting


>  Doors of Lok Sabha were closed shut ( - to prevent walk-out ? )


>  Live telecast was stopped




To top it all ,



>  Division did not take place using Voting Buttons on MP's seats


>  Speaker Meira Kumar suddenly turned a Maths-Wizard , and within a
     matter of seconds , counted how many of the 542 MPs stood up in favor
     of the bill - obviously many more than 272 , according to her maths !




All thru the pandemonium , Mauni Man Mohan Singhji and Madam Mariner ,
sat in stoic silence  !


Now , people of India know why , over the last 3 years , Kapil Sibal , Salman Khurshid etc kept telling Anna Hazare and Arvind Kejriwal ,


"  Laws cannot be enacted on the streets . Lok Sabha is the proper forum "


Of course   !


If you enact the laws on the streets , how can you stop ,


>    People from watching the  " Riot of the Rotten Rats "  ?


>    People from asking you to resign  ?



Now we know why Arvind Kejriwal wanted to pass the Jan LokPal Bill in the Ram Lila Grounds - out in the open - in front of the people


Poor chap  !


He resigned because he could not pass the bill , even inside Vidhaan Sabha


No such compulsion for Man Mohan Singhji


For him , it was as easy as switching off the telecast to create ,



DARKNESS   AT   NOON 



No need to resign , Man Mohanji,


Lok Sabha elections are just around the corner


And , even if people cannot " See " , they are " Listening " !


One suggestion,


As a last straw ( on Democracy's  back  ? ) , in the next 6 days ( before Model Code of Conduct kicks in ) , get the President to sign Ordinances , covering those six , pet  anti-corruption bills of Rahulji


Although , I suspect , Pranabda will refuse to sign these  !



*   hemen   parekh  (  19  Feb  2014  /  Mumbai  )


Sunday, 16 February 2014

Needed - some Simple Answers !



This is with reference to the controversy surrounding the pricing of KG-6 gas of Reliance , which started with $ 2.4 , is currently $ 4.2 and slated to rise to $ 8.4 / unit , from April 2014


Writing in yesterday's Times of India , ( Swaminomics ) , eminent economist , Swaminathan Anklesaria Aiyar , made following points  :



>   Reliance ( KG - 6 ) accounts for only 10 % of the gas production in our
     country . Balance 90 % is by Public Sector Companies such as ONGC etc


>   Hence , any increase in selling price will mostly benefit government itself

     ( Any idea , what will government do with this windfall  ? )


>   Price - hike envisaged is recommended by a committee headed by Mr C
     Rangrajan  ( - implying , infallible / sacrosanct  ?  )


>   By introducing price control on gas , " India's name is mud globally , and
     top exploration companies now avoid India "


>   An economic rule of thumb is that " traded Commodities " should be
     priced on par with the import price ( my question : irrespective of the
     actual cost of production in India ? )


     The Rangrajan price of $ 8 / unit , is well below the import price



Not being an economist , I am confused  !


May be Mr Aiyar can dispel my following doubts  :


#   By taking out of our own soil ( or sea ) , does gas become a " traded
      commodity "  ? - even if entirely sold in India ?


#    Is KG-6 gas a " Natural Resource " which belongs to the Nation - and
       not to Reliance  ?


#    Is Reliance the " Owner " of the gas or a mere " Contractor "  ?


#    Would Mr Aiyar , want the Central Government to extend the same logic
      to other " Natural Resources " ( belonging to the country ) , being dug
      out from the earth ( by private companies ) , such as :



      *   Oil / Coal / Shale Gas etc  (  Fossil Fuels )


      *   Ores of Iron / Copper / Zinc / Aluminum etc


      *   Trees ( timber ) that grow in our jungles


      *   Any number of minor minerals / chemicals



      Should these too , be treated as " Traded Commodities " , whose local
      selling prices must be same as Imported prices ?



#    What about the air / wind that blows freely over our land  ?


      Does it belong to the Nation or not  ?


      Or , does it belong to the Companies setting up  WIND FARMS  , to
      generate electricity  ?


      Should such power be " Price Controlled " or not  ?




#    What about the Sunlight that falls on our vast land  ?


      Who does it belong to  ? To our government or to the companies setting
      up mega Solar Power Projects  ?


     Should there be a price control on such power - produced , using a  National Resource  ?




#    What about the hydro - power generated by private sector companies
     from the water flowing in our Country's rivers  ?


     Does - or does not - that water belong to the Nation  ?


     Should not such power be price - controlled  ?




#   Tomorrow , if a private sector company ( or a consortium of Indian
      Companies , in joint venture with foreign companies ) , invest Rs 1 Lakh
      Crores , to build the 22 Km long Kalpsar Dam across the Bay of Cambay
      in Gujarat , and generate 10,000 MW of power from Oceanic Tides  , -
     can they be allowed to set any selling price  ? At International price  ?


     I suppose , it would be next to impossible for them to " Export " such
     power beyond the shores of India  !



#   Incidentally , what about the Airwaves ( the 2G / 3G Spectrum )  ?


     Is that also a Natural Resource which belongs to the Nation ?


     Having " licensed " it from the Central Government  , can Mobile
     Phone companies , set any selling prices for their services  ?


Even with a combined debt of around Rs 2 Lakh Crores , how are these
    Mobile companies , able to deliver ( nearly ? ) cheapest mobile phone

    services in the entire World ? May be at 10 % of international price  ?




#   In ALL of the above - mentioned cases , should Central Government
     carefully calculate / frequently audit , the " Cost of Production "  ? Then
    link the " Local / Domestic , Selling Prices "  to such " Cost of Production "
    allowing certain  pre-determined " Return on Investment "  ?



#   Even as we agree that " Export prices " of gas are governed by prevailing   
     international prices , how come the " Domestic Prices " of gas are vastly
     different in different countries , ranging from under $ 1 to $ 5 / unit  ?


     Does this itself , not prove that , in each country , domestic prices are
    linked to their own local " Cost of Production "  ?



#  Very often , have we not exported , food grains , at " Below the Cost " ?




Mr  AIYAR ,



You will be doing a great service to millions of ignoramus like me , by offering your own " Views " on the points raised above


And , I suppose , since the fall in production from KG - 6 , is purely and entirely , due to " Technically Sound " reasons , raising of the selling price to
$ 8 ( or even $ 16 / - ! ) , won't result in any increase in production !



Time alone will tell  !




*   hemen  parekh  (  17  Feb  2014  /  Mumbai  )