RE:work wwek
by balakrishna m on Feb 28, 2008 02:00 PM
Here they are referring to Govt employees.... Actualy they are not seen in office even for 36 hours a week. There is no point in increasing the working time for them, unless they work for 60 hours. First let them ensure that they are actually working for 48 hours a week. That itself will bring 0.5% increase in GDP. And as far as employees working in private companies, they are presently working for 60 or more than 60 hours a week.
Our growth over the past few years has been enviable, much of the our success & the following dip has been on account of our being able to provide extreemly cost effective services to the US. With the US going through the slump we now are forced to look at Manufacturing which has not really been our forte. Apart from a handful of industrial majors we can not boast an efficient manufacturing segment. Perhaps we need to take a relook how we can support the industry to come up to the required standard
whatever you have done please submit income & expenditure account & the balance sheet for the last year to the public . it is a must for the people to know in black & white what the govt has done. mouth talking or media representation is foolproof. the finance ministe should submit balance sheet to the people either by net or press. during the last budget he only committed that ther will be a increase in economy by more than 10% now how the calculation went wrong explain this . the finance minister should give details of education cess being collected eventhough so much of money is collected by way of education cess the education is deterioting in india
RE:please chidambaram sublit balance sheet
by Sahadevan KK on Feb 28, 2008 02:04 PM
FM is not less than Babubhai Katara. Both are looters in the name of politics. One does human trafficking another dollar trafficking.
RE:RE:please chidambaram sublit balance sheet
by Priyank Madan on Feb 28, 2008 01:30 PM
How can you say that education has detoriated... can`t u say by adding this tax he got the education that this is another way of getting people`s money...
India recorded the largest number of merger deals in 2007. India distinguishing itself with record mergers and acquisitions valued at over $65 billion. Tata group, paid $11.1 billion to acquire Anglo-Dutch steel maker Corus Birla Hindalco paid $6 billion that to acquire Canadian aluminium products manufacturer Novelis The two (steel and telecom) garnered $14.9 billion and $11.3 billion worth of deals. Essars acquired Canadian firm Algoma Steel for $1.55 billion. Tata power sector bought significant stakes in two Indonesian groups, PT Kaltim Prima Coal and PT Arutmin Indonesia, for $1.1 billion. Vijay Mallya-led United Spirits bought Scotch whisky distiller Whyte and Mackay for $1.18 billion. Suzlon Energy has taken over the German firm Repower Systems for $1.7 billion. Private equity and mergers and acquisition deals in India during 2007 was $68.32 billion, up 143 over last year's $28.16 billion.
RE:Highlights of India Inc 2007-08 mergers and acquisitions
by Priyank Madan on Feb 28, 2008 01:28 PM
Please pass this info to PC and let him also understand where does india stand... I don`t know where does PC get his stats from....
RE:Highlights of India Inc 2007-08 mergers and acquisitions
by rahul on Feb 28, 2008 02:14 PM
u r right...all young people should take a closer look at it right away..
These findings on Economy,its growth,inflation data, industrial growth,agrl growth... rubbish. There is no way one can measure these growth indicators. Statistics are used to mislead people. One should not take these indicators seriously.
It is not only the technology (method of production) which has become obsolete, the mode of production (tech labour relations) has also changed drastically over the years. Farming sector has been feeling scarcity of 'cheap labour' that it has been enjoying for centuries. The earstwhile agricultural labourer (mostly SC/ ST people) are having more profitable vocation than working on agricultural farms at traditional wage rate. Further the caste tension (due to frequent elections) have detoriated the relation among the two clasess, i.e., farmers and ag. workers. Govt. machinery be it ag. scientists, revenue officials, extension officers etc., are simply self centred parasites, who fail to deliver on time. The result is reflected in dismal agricultural growth. Farmers' education is the only option, so that they can go for alternate vocation that suits them. There can't be any short-cut.
If India has to grow faster.....I suggest a three way strategy
1)Agriculture Increase availability of water in Agriculture, Modernise Agro Production Process to eliminate wastes, Improve Infrastructure and Markeing set up for Agriculture so that it reaches Markets in India and abroad faster. Make agriculture economy more efficiency oriented based on paying for qulaity rather than waiting for subsidies 2.)Industry
Continue on the path on which we are progressing post Liberalisation only thing is speed up the process of Liberalisation, attract investment and focus on employment generating indusries for Global Markets (China model)
3)Politics
Get out of era of coalitions which forces policy makers to spend more time on managing politics rather than managing economy.Remove contradictions in decision makers by bringing in One Party Govrnments with atenure of 3 years rather than 5 years so that people can decide within 3 years if goverment needs to be continued or changed. We can rather afford the additional expences due to elections every 3 years rather than loosing 25 years which we loast pre liberalisation.
RE:If India has to grow faster
by sidddharth on Feb 28, 2008 01:06 PM
its a fashioin statement to blame the politicians for everything. its time v take a good hard look at ourselves first. if u think running a country like ours is so amazingly simple.....then u need to rethink.
RE:If India has to grow faster
by Sandesh Rane on Feb 28, 2008 01:07 PM
No we cannot avoid politicians in Democracy.We can choose better ones. Who can chooose better ones...those who are educated and who also vote. So one is to educate all( so allocate 20% towards education) and then make all educated vote......We will have then those whom you said should manage the show
RE:If India has to grow faster
by siddhartha rai on Feb 28, 2008 01:21 PM
Its possible with ....overseas acquistions...and spread businees globaly...spread growth to...villages....add framers into main stream...of growth..that programmes must be managged by professionals and youths..
RE:If India has to grow faster
by Sandesh Rane on Feb 28, 2008 01:36 PM
If we want to be a developed country ...let us match ourselves with following statistics with democratic set ups such as USA and Europe 1. Percentage of un educated farmers 2. Percentage of un educated labors 3. Percentages of uneducated MPs / MLAs(Senators)
The day these percentages would match or are even nearby USA / Europe...we would be actually on top of the World because with Population that we have our output would be in multiples of these developed nations.
So promote Education which breeds Knowledge of what is Good and moreover gives you an ability to differentiate between Good and Bad
RE:If India has to grow faster
by sanjay kumar on Feb 28, 2008 01:16 PM
Reduce Govt sector. It is expanding like monster, that is corrupt, wasteful, and ineffecient.
RE:If India has to grow faster
by Dakota on Feb 28, 2008 01:31 PM
I apprieciate your idea.
We should let loose the Industry to grow. For example, Coco cola is making huge profit by extracting ground water where water is short like in tamilnadu, There is no control over it or any benefit to local community for agriculture or daily bread
Same is the case with Festiliser companies/ Iron Ore/ Coal compnies
What industries are doing they are engaging cheap labour (more like slaves). Only hand ful are benefitted who live in either in western countries or posh locality
