Our country has tremendous scope as far as development of infra is concerned...and thats the right approach..only if we get good /honest /stable govt at centre..well thats difficult
'investor comfort needs to be sustained to maintain the flow.' - there could not be a more disgusting thinking line than caring for investor comfort. Who are these investors ? - the few multi billionaires who have sent the whole world collapsing for their selfish gains is it ? Why should we pay for their greed ? ask them to recover it from the billion dollars that have been handed out as bonuses and severance packages to the CEOs of LB, ML and GS
Re: Investor Comfort ? :)
by Mastram Mastana on Nov 04, 2008 02:08 PM
Moron investors are those who give credit / equity to infra companies to build roads / ports / railways , If investors are not sure if they will get return on money or not they will not invest and you will take 12 hours to travel 400 Km as is the case in most of the places. By good roads such as GQ roads built by Vajpayee government you can reac 1200 Km in 12 hours best example is bus journey from Bangalore to Bombay pre 2000 era and now.
Why to waste Money in Infrastructure??? Better to help farmers, poors, etc. Why Congress government is changing their policies overnight. Spending on Infrastructures, Growing Economy, etc. are BJP's agenda. Are Congress (UPA) government becomes mad or waht???
Re: Dont Waste Money !!!
by Mastram Mastana on Nov 04, 2008 02:05 PM
Moron , Farmers and poor need infrastructure more then any one else. Infrastructure means roads to villages / towns which help to bring fresh produce to cities and being sold with out rotting. Infra. also means cold storages , hospitals , bridges etc which poor use. Also Ports help export and import of commodities which keep inflation low.
Handover cities to large infrastructure developers to plan the roads, bridges, water, electricity and sewerage systems together if government can’t spend. Let the developer collect user fee when they meet following requirements. 1.People shall be able to drive and reach 40 to 50 km distance in one hour within the city. 2.Separate roads / lane for two wheelers and three wheelers and emergency lane. 3.Paved foot path for safe walking. 4.Plan more parking. 5.No user fee for Taxis and public transport system.
Re: Govt need not spend much!!
by happyonline on Nov 04, 2008 01:00 AM
i am happy with the govt roads present in states like TN and kerala. we dont need any private developers who will charge 50-60rs per day for travel plus pay taxes for the same.
Re: Govt need not spend much!!
by Mastram Mastana on Nov 04, 2008 02:06 PM
Good roads in TN are actually toll roads including ECR and NH4 also state highways have toll tax
Brilliant article and I thing a great solution to further India development but all the developing Nations as well .I think the reason behind the meltdown is the saturations point reached by all the developed countries (very few and who controlls 70% of world economy and fincae )and least development of the balance 170 developing and least developing countries .As a result Developed countries could not create demand in the world over for the products to sell globally .Now all the developed countries have to create demand globally particularly to all the developing countries and at the same time all the developing countries have to resort to development only to craete demand .The only way to create demand is creating infrastructure .One small example --When China started developing for Olympic in 2008 some 10 years ago ,it creates huge demand of Steel during 1999 to 2005 and Steel market already in recession at those point of time survibe world ever due to demand .Now 3 points to create demand is 1. We must maintain lower interest regime for 4 years and cover almost 80 % populations in India .People will love 2.Lower taxsation period for coming 10 years cover almost 80 % populations in India .People will love to pay tax if it is 5% of total taxable income . 3.Develop 60 :20 ratio all the Village vs City .Make most of village to a sattelite cities .Say out of 6.5 lakh village ,we can easily develop at least new 50000 sattelite cities with all facility in every state
Re: Infrastructure and development
by happyonline on Nov 04, 2008 01:05 AM
' the reason behind the meltdown is the saturations point reached by all the developed countries' - you could not be more wrong my friend. please read blogs like econblog to understand what is happening. not even Jospeh stgilitz or paul krugman will agree with you
Re: Infrastructure and development
by abboral boral on Nov 04, 2008 10:10 AM
Yes ,I am convinced of my vindacation about the theory of saturations point of all the Developed countries and less purchasing powers of all the developing Nations (despite demand ) .As a result there is demand of the products of the Developed countries but no takers from other Developing Nations .Products demand in Developed countries got stagnated and has to be spread to other countries of Developing Nations for creating demand and demand can be created if infrastuctures of all those developing countries improve ,hungers are solved ,improving more purchasing powers .My conviction and believe is based on theory of Noble Laurate Amartya Sen and more over I am reseraching last 50 years on this subjects "creation of demand with matching supply ".I like Paul Krugman theory of creating competitive produts to avoid price increase of the same products but creating demand is absolutely my way of thinking and I am sure it will work as I believe Marketing is not the word of Business school ,it is philosophy of human ever since human existed and creating demand is the philoshophical word of Marketing .This is inversely proportionate to Hunger and directly to purchasing power
That India needs US$ 450 billion in infrastructure is perhaps the minimum required. But, Indian government seems to be spending less than 50% of this amount. There seems to be no sense of urgency to solve infrastructure bottlenecks. And the Politcians and bureaucrats all seem to be working at cross purposes. Enough article, research papers have been written about the infrastructure, that any more article is complete waste of time, since no body in the government seems serious about improving the infrastructure. When India can send 'Rockets' to moon, Infrastructure is not 'Rocket Science'. In India, it is a Science of ' In Action' - which Indians have mastered.
Re: New Delhi bureaucrats cannot spell Infrastucture
by happyonline on Nov 04, 2008 01:10 AM
either all of us progress or no one should progress. we have made successful energy deals ( however silly it is). also we have ...done nothing else really... how is it that land allocation is made so quickly for corporates when for decades and generations landless farmers have been running from pillar to post to get patta for the land they have worked on for years ? either everyone progresses or no one shud be let to progress. get behind in the queue.
Indian Infrastructure is really lagging , despite Noise being made about it for last 10 years ..
10% will be 30 billion USD .
this is around 150,000 crores , more than double of what has been spent in the last 10 years !!!!
It will revoulitionise India and get it ready to join the league of Developed Economies ..
You may endup giving contracts to foreign builders , but most ( more than 70% ) of this money they would need to spend in India to hire people and buy goods to make the infrastructure ..
they would indeed take out 10-20% as profit , but the rest of the dollars would come back to Indian Treasury ..
Re: ONE WAY TO GIVE A PUSH TO THE ECONOMY IS SPEND 10% OF CURRENCY RESERVES ON INFRASTRUCTURE
by happyonline on Nov 04, 2008 01:07 AM
where do you get such figures from ? could you be more mistaken ? no company does business to take 10-20% profits my friend. the hedge funds alone this year have made 800% profits. wake up and read up.
Re: ONE WAY TO GIVE A PUSH TO THE ECONOMY IS SPEND 10% OF CURRENCY RESERVES ON INFRASTRUCTURE
by rajeevan on Nov 04, 2008 01:58 AM
If a contract is awarded for 1 Lakh to do a work, how the company will get 8 Lakhs profit??!!!
