Here I go……………………….

Like the way,  bad is better than worse, and like the way,  something is better than nothing, so will 2012 will be better than 2011. The year that went by,  was never a good year for the government at the center. It paid the price for all the corruption that happened right under its nose. Anna Hazare and his team were able to kick the govt right, left and center with a massive support like never before. To add fuel to the fire, even the economy didn’t  do good. Arm-twisting by the coalition parties meant that critical reforms to boost the economy was stalled. And to put it simple words -  everything that could go wrong, went wrong for the UPA.

But 2012,  will be a year of comeback for the UPA. Thanks for the short attention life span of the new middleclass. The popular enactment with Anna Hazare is likely to ebb. The episode in Mumbai stands as the testimony for it. This would give some breathing space for the government.  And then comes the mother of all elections – Uttar Pradesh. Thanks for the rampant corruption, a demolition spree, a disproportionate case and attrition of supporters for Maya, Congress is likely to win more assembly seats.  This win would surely re-vivify, re-vitalize,  and rouse up the congress at the center.

Giving enough courage to crack the whip at deceptive Mamta and get the 51%  FDI in retail and Lokpal to pass through. Diesel prices would be decontrolled. And then,  BJP would not be  able to block the govt from implementing goods and services tax bill. And Kundankulam would become operational. And this would bring down the power crisis. And then bills to reform the education sector and labour laws shall be taken up. Thus kick starting the much needed Reforms2.0 for the economic progress.

And now unto the world……………………………..

2012 will be the year of election for the US. And Barack Obama would win the elections. Despite over promising and under delivering, Barack Obama wins because of two reasons. One,  there is no other worthy opponent standing against him and two, known devil is better than the unkown one. But, some credit should be given unto him, because he recovered the economy to some extent. Remember, the economy was heading to a depression then. Also the US foreign policy dosent seem to look like aggression as it is used to be in Bush era. And US will completely withdraw all its troops from Iraq and the power will be transferred to the civilians.

Europe’s politicians will manage to stabilize the eurozone in 2012 and keep the continent’s common currency together. The European Union’s executive commission and the ECB would  convince the financial markets that,  troubled governments can pay their heavy debts and therefore deserve to borrow at affordable interest costs. Hopefully, Italy and Spain will borrow heavily in the first quarter at affordable interest costs. The determination of political elites to keep the euro together will win out.

Millions of Arabs dream of attaining democracy in 2012, will be fulfilled. Arab world saw the deadly protests that ousted two dictators and ended strongman Muammar Qadhafi’s rule with his brutal killing. The foundations for the democracy sahll be laid. A real parliment, a real police and judiciary would be put in place to start to build the country.

China, the world’s number two economy,  and its economic growth  is likely to slow down .  Loans to local governments through financing vehicles would be a major threat to China’s economy, with up to 2.5 trillion yuan ($396 billion) in debt falling due in 2012. Inflation, the housing bubble, export markets, and appreciating Yuan seem be the major factors behind the declining economic growth.  If global economic situation would not worsen, China’s growth would be at 9 percent.

Our neighbor Pakistan will enter 2012 with predictable uncertainty. Many say,  it would be a election year for Pakistan, as government is shortening tenure . Already battling severe power and fuel crisis, an early election would mean tough economic decisions would not be taken.  And the internal security situation in Pakistan will remain uncertain. Its relationship with US,  would soar but with India it would improve. It would be a mixed bag for Pakistan.

In short, the following thing would occur in 2012.

World economy recovering…………………………………..

Rise of democracy and peace………………………………………..

Better governance at the center………………………………..

Democratization of commerce…………………………………..

Yes, lets walk into 2012, with high dosage of OPTIMISM.

P.S – I am told, that intelligent persons are the one’s who predict the future and then explain why the predicted things didn’t happen. FYI, I would prove that I am an Intelligent guy.

You know what when vegetable prices go up these new middle class  FORGET that the high price what they pay will only go to the middle men and farmers for whom they fighting for in debates. They go out and start protesting against the price rise. FYI, till now the money does not go to walmart wallah’s but then still they protested.  Well ok….let me leave that. Now, the new middle is all fighting for the poor kirana shop owners in debates that happen national tevevisions. Here is my question…will these people encourage their sons to start and run a kirana shop down in a puliampatti village? Or atleast will they give their daughter in marrage to a kirana shop owner? NO!!, they would encourage their sons to become a software engineer and would give their daughter in marrage to a person working in IT concern, forgeting the hand of FDI in it.

For all these years farmers have been called as poor farmers. What did these midlle class do to remove that stigma all these days?? Nothing. But, now…………come FDI all have become crusaders of sort. They want to support them in debates in national television, in vetti talks that happen in cafe coffee days and in facebook and twitter.

Well not FDI…it is the hypocritic nature of middle class that is going to affet India much.  Its surely a dirty picture out there.

"My only regret is that I am not 20 years younger because I think India
 is going through a very exciting period in its history"
                                                      - Ratan Tata, 2011.

This has been the great Indian growth story.

But………. back in 1991, the economy was all time low. India had to pledge gold  to infuse funds into the ‘kajana‘, which too got exhausted within the next six months. And India was seen as a bottomless pit for foreign aid. And India was just 40 days away from going bankrupt. With assassination of Rajiv Gandhi, things went from bad to worse.

Pamulaparti Venkata “Narasimha Rao” who almost retired, had to return back into politics to lead the minority government as the Prime Misnister. As the socialistic model was collapsing, he had to bring in a papradigm shift, which he did. He opted for the market oriented reforms. And his master stroke was to appoint a non-political reformer in the form of  Dr. Manmohan Singh as the finance minister of India.

If today Dr. Manmohan Sigh is regarded as the father of modern economic
liberalization, then P.V. Narasimha Rao is its Grand father.

Rao held the industrial portfolio with himself. He devalued rupee. He took away industrial licensing and MRTP clearances. With this the biggest hurdles to industrial expansion was dumped. He put a full stop to the dreaded license raj once and for all. He made the delicensing announcement on the day when Manmohan Singh presented his first budget. This made Manmohan Singh to be seen as the reformer, while Rao took the back seat.

Meanwhile Singh reduced the import duties, corporate tax and income tax. Foreign investment was liberalized and import of technology was freed. And he initiated the process of privatization of public sector companies.

Both Rao and Singh implemented policies to free up the economy and change India’s socialistc face to capitalistic one.

Twenty years later,  about 300 million people—equivalent to the entire population of the United States—have escaped extreme poverty.  The fruits of liberalisation reached its peak in 2007, when India recorded its highest GDP growth rate of 9%. With this, India became the second fastest growing major economy in the world, next only to China. Guess what?? nobody imagined it 20 years before.

All these policy changes brought in by Rao and Sigh was heavily criticised and was opposed. Opposition even came from the congress party itself. Yet Rao had the political chavunism in him, to get the bill through. But the goverment was shown the door in 1996 elections. Yes!!! this was the govt which worked for the welfare of the peple and not with the intention to get votes.

Comming to the current situation. If for the west, it is osama, obama, eurozone and inflation, then for India it is corruption.Corruption is hindering our growth. To accelerate growth, black money has to brought in as quickly as possible. Wellh….welll…..well… I do not beleive in such statements. FYI, countries have developed not because they dont have corruption but despite the corruption they had. It is the Anna  Hazare’s , Baba Ramdev’s and the media to sensationalize it. But the truth is, corruption in India has come down. Well…dont beleive it!! Then check it.

If the great Indian growth story has to be sustained then major reforms must be done in the following stuffs……………….

 1. Energy
 2. Labour reforms
 3. Infrastructure development
 4. Education
 5. Land reforms

Energy Reforms

The most important area of reforms is perhaps India’s power sector. Virtually no sector of the economy—industry, agriculture, or services—can achieve successful transformation without adequate supply of power. The power sector has been a government monopoly at the state level and suffers from proverbial inefficiency including large-scale thefts of electricity in almost every state. Reforms involving privatization of power generation and distribution should be be undertaken. This is the area with highest payoffs for imaginative reforms.

Labour Reforms

Second, Labor laws must be reformed so as to restore the employer’s right to layoff workers upon adequate compensation to them. At present, firms with 100 or more workers have no legal way to exit, since they cannot lay off their workers. This works as a major barrier to entry of new firms on a large scale: they hesitate to enter into a world that has no exit doors.

Infrastructure

Infrastructure is another important area of reforms. Roads, railways, and ports all need expansion as well as improvement in the quality of service. Cold chain storage network has to be established and ensure that food grains are not wasted away in logistics.

Education

Lakhs of students are graduating, year in and year out. The quality of the students and their employability is debatable. Reforms should be brought in, to improve the quality of the over all education system. More over, quality primary education should  reach the nooks and corners of our country. Universities in India also remain a state monopoly. With the need to cut the fiscal deficit, the state has no resources to spare. Therefore, like most other countries including Bangladesh and People’s Republic of China, India must allow the entry of private universities.

Land Reforms

The plight of people,  losing their valued land due to developmental purposes should be taken care of. They should be paid double the land value. This land reform is very important.

Finally, the reform of bureaucracy is essential. The problem of a bloated bureaucracy and the need for downsizing it is well recognized. But with policy making becoming an increasingly sophisticated and specialized activity, it is necessary to open the top bureaucracy to outside specialists.

These are the very stuffs, the government should work on. Without reforming these, if the issues of corruption and black money is solved, it is of no use, as the progress the progress of the nation would be dumped.

Well, yes corruption is an issue but it is not the only issue. Moreover, it is not as big an issue as it is being portrayed.

Dear Hazare’s and Ramdev’s, we also do have strong anti-dowry laws for your information. So, has the dowry in India reduced??

Dear Media, please dont write/telecast anything less or more than what it is required.

India is young. India is restless. And we Indians, want to fly high. Sooner, we need to become the fastest growing economy in the world. Our aspirations are higher than ever before. This is the real Brand India. Let us not camouflage our Brand India image under the word Corruption. Let us be responsible citizens.

Jai Ho!!!!

Free Rice………………
Free Gold……………..
Free Fan…………….
Free Mixie…….
Free Laptop………..
what not??

Apo tamilam quater ku matum olacha podhum……!!!

If I would sit in d time machine and travel ma self back to 2006, it was d dime amma bited d dust and d Big K rose up. And it was K who first announced slew of freebies and signed them on d day he took oath. Dat dime amma cried foul, saying free bies would cause a huge loss to govt excheueur and would deprive the state economy. And now come 2011, she s doing d same wat she opposed 5 yrs back. All it seems politicians are affected by Sanjay Ramaswamy disease. The only change is Sanjay Ramaswamy would forget things every 5 mins but our dear politicians forget things every 5 yrs. Itu seemsu she forgot wht she spoke 5 yrs before.

So…….it is undoubtaubly clear dat politicians are using freebies only to woo voters.

But wht is the cost of economics bcause of such free-bees??

As per economics, if the price or the cost has to come down then the supply must be more than the demand……..enna puriyalaye?????????

ok………….will Xplain……………………………

itz simple.

Say if chennai city requires an average of 10kgs of onion per day and on a particular day if only 5kgs of onion is present then the cost of onion can be expected to double up. But say,  if 20kgs of onion is present on a particular day then price would decrease.

This is the the reason why a product price increases or decreases. And it is purely dependent on the market forces.

And so, if the government wants to give rice at Rs.1 per kg then the amount of rice produced must be tripled up so much so that rice can be provided at Rs.1/kg. If the production of rice gets decreased due to unfavorable weather conditions then the cost of rice would surely get doubled. Under those circumstances NO GOVERNMENT will be able to provide this scheme.

It also DAMAGES……………………………………………………………………………….

Mr.Murugananthan an innovator, created a low cost sanitary napkin making machine which created a revolution in rural India. Using this machine sanitary napkins can be created at the cost of 1 rupee, which would be affordable for every rural women. Also his ambition is to sell the machine to SHG who would operate the machine and would sell the napkins to women’s in nearby villages. But our vari vallal Dr Kalaigar Karunanadhi brought in a plan to give sanitary napkins FREE OF COST. For which his govt, signed 2000 crore rupee deal with 2 MNC for manufacturing the sanitary napkins.

Had karuna not brought this FREE sanitary napkin scheme, it would have created atleast 1000′s of jobs and would’nt have cost Rs 2000 crore for govt exchequer.

Yes.. ……….a disaster is there in the making……………………………………………………………….

#1 Giving freebies kills industries which means it kills job creation mechanism.

#2  If industries go down and if people dont have jobs, the govt tax revenue would take a hit.

#3 It is using this tax payers money freebies are given. Hence there would be no money left in govenment gajana to provide these various schemes.

#4 Freebies would be the gateway for more corruption. Take a look at this.

And so………………………………………………………………………………………………………………..

Point No 1 : PRICE is always controlled by market forces and it cannot be controlled by govt forces.

Point No 2 : Giving freebies kills industries, kills jobs and kills government revenue.

Point No 3: It induces more corruption.

Point No 3:  No industry + No jobs + No govt revenue+ Corruption = Economic disaster.

By following such populous schemes the very future of people is put in the dock. And TN is dire in need of a POLITICIAN LEADER who could think beyond providing freebies.

Loved this video presentation by Ram Charam

1. Cash generation
2. Profit Margin
3. Velocity/Volume
4. Growth
5. Customer focused

A business would succeed if an entrepreneur can answer these three questions
1. What is the money making model of the business?
2. How does your team contribute to the money making model?
3. Does every one in your team know the answer for the first two questions?

Do you wanna build up a successful enterprise? Then have shop-keepers mentality.

But now after some hard patches of ma life I do have learnt that you need not have a game changing, revolutionizing product to start a company. All you need is to have invented identified  a problem for which there are customers who would be willing to pay and all d more it is possible for you to offer the best solution.

Many have great ideas but only few own great businesses. Because the journey of taking an idea to a big business is difficult and challenging. Only few can do it. Robert kiowski has given a simple framework called as BI triangle for running/starting a business in his book Rich Dad guide to investing.

Here I have summarized and blogged on the BI triangle.

MISSION :

The first important thing a business needs is MISSION. Because if you don’t stand for anything,  you will fall for everything. And, ideally a business should have two missions. One is a SOCIAL MISSION and the other is BUSINESS MISSION.

To start and run a business, one needs to do a lot of sacrifices and moreover business do undergo testing times now and then. And especially, during the initial years a business can survive only by entrepreneurs passion. And so, to provide the needed drive, enthusiasm and fire to run the business  during those testing times,  social mission is very important as money alone cannot  provide the needed drive.

But having a social mission alone will not pave the way for creating a big enterprise. A clear cut business mission like ‘To be come market leader in communications’ can set clear cut benchmarks to achieve. This would set the business in growth path which is essential for the very survival of the business itself.

TEAM :

Business is a  team sports. Entrepreneurs should not dream of owning a boat or a plane instead they should dream of owning a team of accountants, attorneys and bank managers. A well managed business will have excellent employees,  specialists and entrepreneurs  who would work along side employees and specialists to double the investors money. And remember MONEY FOLLOWS THE MANAGEMENT and not the otherwise.

LEADERSHIP:

Here, Robert says that the entrepreneur must have good leadership skills. He says that Leaders job is to bring out the best in people and be the best person. And also suggests that to gain leadership skills one must volunteer more. A good business man will rely on the advise of the advisers and his team members to help him do well in the business.

But here I would like to twist it a bit. I look Leadership as the need to have a mentor on board for the success of the business. Especially start-ups. Having mentors would save lot of energy in identifying the right path for the success of the company.

CASHFLOW MANAGEMENT :

Cash flow management is the fundamental and essential skill for Entrepreneurs. Most business fail because business owners are not financially literate. Many business fail because people do not understand the difference between profit and cash flow.

Some of the general cash flow tips

1. If you are a start-up delay taking in salary until your business is generating cash flow from sales.
2. Invoice your customers quickly upon shipment of goods.
3. Establish minimum dollar amount for orders before granting credit.
4. Establish late payment penalties.
5. Make sure you pay your bills promptly.
6. Keep your overhead costs minimum.
7. Have  a investment plan for cash on hand.
8. Establish a line of credit with your bank.

The ability to run a business from financial statements is one of the
primary differences between small business owners and big business
owners.

COMMUNICATIONS MANAGEMENT ;

The better at communicating you are and the more people you communicate to, the better your cash flow will be. To be good at communications, you first need to be good at human psychology. Because just something excites you does not mean it makes others excited. The world is filled with fabulous products but the money goes to the best communications. Cash flowing into the business is directly proportional to the cash flowing out of the business. An entrepreneur must learn the following skills

1. Sales
2. Marketing systems
3. Advertising, headlines and copy writing
4. Negotiations
5. Public speaking
6. Direct mail advertising
7. Running a seminar
8. Raising capital

Moreover, marketing is what differentiates between small business and big enterprises. Its important to know that if you have convincing marketing, generating  sales will be easy . To know more about marketing read Purple cow by Seth Godin.

In conclusion, communication is a subject worthy of lifelong study because there is more to communication than just speaking, writing, dressing and demonstrating.

SYSTEM MANAGEMENT :

The human body is made up of systems. So is a business. Every business big or small needs to have system in place. Some of the possible systems are

1. Daily office operating s/m
2. Product development s/m
3. Manufacturing/Inventory s/m
4. Order processing s/m
5. Billing and accounts receivables
6. Customer Service
7. Accounts payable s/m
8. Marketing s/m
9. HR s/m
10. General Accouting s/m
11.General corporate s/m

LEGAL MANAGEMENT

Today, especially in the information age your intellectual property attorney and contract attorney are some of your most important advisers because they help create your most important assets. These attorneys will protect your ideas and agreements. Many a business has been started and has survived by a simple piece of paper. One legal document can be the seed of your business.

Not alone that, there would be times when clients wont  pay after getting the required service. To safeguard your business from those situations, a small piece of legal agreement is all that is needed.

PRODUCT MANAGEMENT

The company’s product/service which the customer uses ultimately is the last important aspect of the BI triangle. Product/service is the least important piece to inspect when evaluating a business. Having a great innovate product or service is NOT important,  the system behind that product/service is what is the most important part of the business.

A business with a defined mission, a determined leader and a
qualified and unified team begins to take the shape of BI triangle.
A business run with honesty and sincerity when built on the
principles of BI triangle will become complete, whole and sound.

To know more about BI triangle read Rich Dad guide to Investing by Robert Kiyosaki.

• I say very ‘happy new year’ to our friends A.Raja, Kalmadi, Lalit Modi, Nira Radia because of whom we had JALSA WITH SOME JILPA in 2010.
• I say even ENTHIRAN did not entertain us to the level these people entertained us. More the budget more entertaining it was.
• I say All dese kame to light bcause GOD Arnab Goswami only knows.
• I wish every one a happy and prosperous new year and lets hope for a clean and green 2011.

Guys!! herewith,  I have decided to share whatever I learn and whatever book I read, in this blog. So in this post I would share about what I learnt from reading the book ‘Every business is a growth business‘.

Before diving into dat, let me tell how I picked this book. While shopping for book, I made up ma mind to pick a Harvard review book and this book’s front cover looked as same as harvard review book. Without giving any second thought I picked it. Reaching home I saw that this book was not by published by harvard review and was quiet disappointed. But anyway I started reading it…………………………… And here I am gonna share WHAT I LEARN’T FROM IT AND NOT REVIEW IT . But, anyway I thoroughly enjoyed reading this book. Here we go……………………….

The book starts by illustrating a business turn around that happened in Coca-Cola. The company Coca-Cola was in bad shape as the US soft drink market became mature and further growth became impossible. And the game was to gain a percent of market share by reducing the cost which affected the profit. It was in this condition a new CEO Roberto Goizueta took over the reins of Coca-Cola. What Roberto Goizueta saw was that the seniour managers in Coca Cola were too much focused on the question of ‘WHAT IS OUR MARKET SHARE OF US COLA MARKET?‘ and were butting their heads to gain few percent of market share. Seeing this Goizueta asked them what is the average per capita consumption of fluids by worlds 1.4 billion people? 64 ounces came the reply. Then he asked them what is the daily per capita consumtion of Coca-Cola? Less than 2 ouncess came the reply. And finally he asked them ‘WHAT IS MARKET SHARE OF THE STOMACH?‘. This completely changed the psychology of the people in Coca-Cola. They stopped worrying about loosing more market share and instead focussed on winning more market. This illustration clearly sets the tone of the book ‘Every business is a growth business.’

But my question is, Is all growth good growth? Because I know about the Subhiksha story. In 2007 they had approximately 300 shops across India. And in the end of 2008 they increased it to 700 and they where retailing everything under the sun from mobiles to flowers. It grew without any focus and grew out of its pocket which resulted in the closing down of the company. Also there is a very famous saying in the business world that ‘ GM makes everything under the sun, but it dosent make money ‘. So, now how should the growth must be. Here in this book Ram charan explains that a company that focuses on growth growth growth eventually fails. The focus should be on Liquidity, Profitability and Growth. And there are two essential things for successful growth.

• Good corporate value system
• Operational excellence.

Without these two one should never think about growth. Good growth is profitable and sustainable whereas bad growth is profitless, wasteful of capital and even reckless. The book then explains on how growth should be be acheived. To achieve Growth there are two important things.

• Leader
• Strategy

LEADER

Growth is mentally created by company’s leadership. In the above Coca-Cola case study one could find that, it was Goizueta who beleived and initiated the growth. Book explains that Good leaders posses their own teachable point of view like Goizueta’s market share of the stomach. The teachable point of view must posses 1. Ideas 2. Values 3. Emotional Energy and 4. Edge.

STRATERGY

After this comes the strategy for growth. Growth is a creative game. Growth requires curiosity, imagination, and emotional energy. Being so, if people lock themselves up in a room and come up with innovative products 9 out of 10 time its gonna fail. Growth has to be outside in and not inside out. A sustainable growth strategy starts with understanding the difference between what you make and what people need. And this is what often tends NOT to be the same thing.

Towards the end of the book, Ram Charan provides various tools to strategize and execute growth.

In short this is what d book says :

 1. There is no such thing as a mature business
 2. Not all growth is good
 3. Growth is mentally created by company's leadership
 4. Balanced growth is the key to prosperity
 5. Growing is less risky than not growing

I learnt from dis book that profits can be increased easily through GROWTH than through cost cutting.

Now if we look into India, Urban Planning is a mess. Few drops of rain the cities are flooded. Rivers are all polluted. No proper infrastructure for sanitation. Mosquito menace is very high. Epidemic diseases like chikengunya, malaria, dengue and many more keep coming every now and then. Cities are congested with building and now they are getting congested with fly overs and many other infrastructural developments. City limits are ever expanding and agricultural lands are getting converted into SEZ for creating state of the art polluting factories.

Well, what really pricks me is the way in which we copy the west in the name of development. West grew due to industrialization….GOOD!!! but why the hell we need to copy the same for our development. Why don’t we look into our strength and our weakness and do things accordingly for our development. India has the second highest arable land in the world after china.All types of climatic conditions are prevalent in India. And all types of soil are present. We also top in producing wheat, grains and milk. In fact India has the potential to become the food supplier to the world by 2015. Yet our farmers commit suicide because we are more cared about INDUSTRIALIZATION and INFORMATION TECHNOLOGY than AGRICULTURE.

The madness of people going for industrialization is shown in the case of Tata Motors being awarded singur for manufacturing Nano. The truth is Singur is the most fertile land in the whole of Bengal and the project site choosen by tata motors is the most fertile one in singur. The poor farmers from whom the agricultural land was forcibly confiscated were beaten up for raising their voice against the acquisition and even were fired. Now after Tata going out of singur this most fertile land is totally abandoned. Now what farmers who were dependent on this land for their income will do? Tata was able to find another land but where would these poor farmers go? Similarly, in mumbai for the expansion of the airport the government decided to destroy mangrove forests. The reason they do so is that, they do not want India to be a poor agricultural state but a rich industrialized one. Here my question is

why cant we convert India from a poor agricultural
country to a rich agricultural country?

Today for feeding people who live in cities which would be about 30% of the total population of India atleast 60% of productive land in rural area is used. Only 10 to 15% of the productive lands produce is exported. Now why IT booms. It is simply because they produce the product here and EXPORT it in other country and get a huge margin for the same. If the same thing happens in agriculture surely agriculture will start booming. But there are big regulationary laws in place for exporting agriculture produce. Reason? If there is no such regulation farmers would export all their produce and city people will not get any food to eat. In order to protect the interests of urban people, such laws arre in place which affect the farmers. This is where China is being very smart. By creating cities that could produce their own food, they could now allow 100% of the produce from rural china to be exported. Clearly they want to beat India and want to become food factory of the world. Despite having all potential we are simply not worried about this. In school days in history I learnt that India had huge amount of gold which got looted by other countries from us. I dont think that is true? We would not have valued the gold that we had and we gave it away. Similarly now we do not value the agricultural land that we have and we give it away to petty stuffs and surely later we will all cry saying that we had huge amount of agricultural land with us.

Dear policy makers, economists, industrialists kindly rethink and ensure if you make any economic sense?

My take : Agriculture is our strength. If proper measures are given to it ,it will make more money than IT and you will find marwari people entering into farming. And without correcting the grave mistakes that we have done in agriculture, India cannot have sustainable growth.

The heart,
Indian citizen.

To

The Prime Minister
India.

Dear Prime Minister,

Sub : Requesting changes in the way you handle foreign affairs.

To our dismay we have found out even in this digital age you are communicating with your colleagues through letters. Though I know that you dont waste time by reading our CM Karuna’s letter I pray that you read this letter of mine as I am after-all a poor citizen who voted your party to power.

We have found that for all the pains and hardships that are caused by Pakistan on us, you go and fall on the feet of US to resolve this problem for us. As if US has the heart and the mind to do so. Despite the negligent manner in which the Pakistan responded to India on 26/11 Mumbai attacks, the US has gone and have provided financial assistance unto them. That too at a time when their own people are losing jobs and their own economy is not flourishing. Like the way Pakistan got affected by its home grown terrorism, some day or other US will get affected, only then they will realize their mistake.

The only reason why US helps Pakistan is that ,the major threat to US is not Pakistan or Terrorism, it is India. It is Indians who have taken their jobs and now Indian companies are acquiring their companies. Their county men are aging where as ours is filled with ambitious youth. Our economy is growing at a fast rate when compared to theirs and  companies are more willing to invest in India. Also it has been predicted that India will be the food supplier to the world by 2015. These are the very reasons why US needs to fear India than Pakistan or terrorism.

They may restrict H1B visa’s and increase the tax for it and their senators may talk rubbish about our company but the truth is they need the help of India if they have to grow. The number of US students graduating from college have gone down and their people are aging. It is only India which has youthful and knowledgeable workforce. Hence forth their protectionist attitude will only affect them.

India is a fertile land with youthful population and it is a land of opportunities. From a land known for mantras and spiritualism we have grown to be a land of intellectual capital. Hence forth as a humble citizen of India, I request you not to fall on the feet of US,  its now our time they will come and will fall in our feet.

Jai Hind!!
Indian Citizen

Spectrum is raped, bushwacked and dotally tarnished. RAJA RAJA RAJA CORRUPTION CORRUPTION CORRUPTION has bekome d kuthu song 4 all the media guys. In 2G spectrum govt has lost 20,000 crore is d claim by the opposition, and the media. But, am happy with this. Strange!!!! but yes I am happy that govt has lost 20,000 crore. And in 3G spectrum govt has auctioned it 10 times the market price. I really feel bad for it. I am not really happy on this.

Govt has got 60,0000 crore through 3G aution and am not at all happy about it. My question is can the govt make atleast 2 poor farmers rich with the money what dey have obtained? 

Well fuck offf its never gonna happen. The 60,000 crore ruppess will be alloted for d so called Ragiv Gandhi welfare scheme, Indira Gandhi welfare scheme. And here der will be atleast 100′s of RAJA’s who would loot the money and at the end only peanuts will reach the poor. Why the fuck glorify 60,000 crore what the govt has obtained. The rich will get richer and poor will only get poorer.

3G spectrum has got auctioned 10 times the market price. Now, who d hell is gonna pay 4 it? Is it service provider’s like Aircell and Airtel? Well, may be but who is paying aircell and airtell and from where they are getting the money? Its from you and me. Its the common man who pay the service providers and service providers in turn pay the govt. Now, if service providers have to pay 10 times the market rate to the govt they will charge 20 times the market rate on the common man for the crap service that they provide. Surely I wont be able to pay 20 times the market rate as I dont have such a long pocket, so sure enough I wont use this 3G what so ever.

Today I have internet at home. I enjoy it and I learn a lot from it. Likewise, people in remote village will also would love to use internet and learn lot of stuffs. But internet still hasnt reached the remote villages. This issue is called as Last Mile Connectivity. To solve this issue called as last mile connectivity, 3G is a valuable solution. But forget it, it wont solve this issue. The reason is it would cost him atleast 25 times d market rate and they wont be able to afford it.

UK auctioned its spectrum. Companies bought it for 20 times the market rate. The UK govt thought it was a huge success. But guess what happened. common man was charged 20 times the market rate and very few used it. As companies had to pay huge sum of money to the Uk govt they did not invest in bringing state of the art technology. So the service was crap and for which huge margin was put and very few used it. Then during the 2008 recession all these companies which brought the spectrum frm the UK govt went bankrupt and later govt had to support them by giving stimulus.

Even if you are not convinced with it, let me give another example. If you think China is your competitor, go there and check they have given away their 2G and 3G for peanuts. Yes you did read me right they have given away their 2G and 3G for peanuts. Go and have a look at the way chinese use their mobiles. It would be extremely different from what you and me would use. These are the people who are enjoying 3G. Because China gave their 2G and 3G for peanuts companies were able to invest money in bringing state of the art technology and as it was not auctioned it spurred competition and consumers got benefited.

Is govt going to incur loss by giving 2G and 3G for peanuts? Not at all. When there is no auction it will make companies to offer services at low price. So lot of people will start using it which will result in lot of tax getting generated. This will be recursive income to the govt whereas auction is just one time income.

Well…still in doubt have a luk at dis article here.

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