A friend told me once that there is a proverb in Marwari language meaning the less the capital (investment) the higher the loss. Kam poonj bahuth nukshan'(apologoies if I had understood it wrong).So with good amount or right amount invested in business, profits can be brought about ,meaning having to put efforts more or all in getting the job done only or job done properly with appropriate tools or equipment even when they are costly.So our wealth distribution should be more spread out to have that more hands that they are capable of investing due and appropriate amount to reap benefit for the Nation.Drops maketh the Floods.More people should contribute to national Wealth or GDP.Will the Govt. act in that direction with policies and practices ,The GDPdom should strive for it.R.PONNAMBALAM
Re: The less the amount invested , the more is the loss
by R ponnabalam on Jan 12, 2018 03:43 PM
should be more spread out to have more hands that they are capable of investing due and appropriate amount to reap benefit for the Nation"R.Ponnambalam
The super Rich can invest in Industries so as to stop imports .Or at least the import- statistics filing officialdom can plan to start Govt.of India Industries to manufacture such products so that we need not import industries so that we need not import.R.Ponnambalam
SUPER RICH is NOT enough,MUST BE SUPER RIGHT or SUPER HONEST ,SUPER CORRECT SUPER ETHICAL TO LET MONEY BE USEFUL FOR THE DOWNTRODDEN ALSO.LET it be at their terms also.What we see is that with 74% of national wealth in the hands of 10% our columns proudly say new investment is not possible from PVT.Sector.They are called wealth generators.That can not be wealth of health R.Ponnambalam
Re: SUPER RICH and SUPER CORRECT!!
by arungopal agarwal on Jan 12, 2018 12:47 PM
Who will bring such super controls with the present executing bodies(govt. servants), politicians-hate spreading, judicial system-delay and corruption. Therefore one is to ensure that money remains in development and rotation-not as a junk with anyone.
Re: Re: SUPER RICH and SUPER CORRECT!!
by R ponnabalam on Jan 13, 2018 09:38 AM
"one is to ensure that money remains in development and rotation-not as a junk with anyone"TRUE and RIGHT.That is what simple folks like me too want, that the money remains is development rotation and the 74% of wealth with 10% of people come into development rotation, remain "not as a junk with anyone, the 10% with whom it is now included "R.Ponnambalam
Re: Re: SUPER RICH and SUPER CORRECT!!
by R ponnabalam on Jan 13, 2018 10:04 AM
"such super controls with the present executing bodies(govt. servants), politicians-hate spreading, judicial system-delay and corruption."One thing we all must accept is that we had allowed degeneration in politics.Remember the Nagerwala case, no one knows ---.We say that we have justice system;the sikh riots, the court is reopening the case a few days back when decades had passed.The dysteleology is rampant in political and administrative system.When common man is unable to bring about change immediately we the common man has still to retain spirit ,oppose , resist the wrong with whatever is at out disposal and keep fighting for we have less resources and when the less resourced also becomes one with the super rich when he manages to become resource rich.Look at our M.P.s.We sent them to Parliament for National Development.They have invented LOCAL AREA DEVELOPMENT FUND for M.P.s.Recently when M.P. dies the obituary said he was opposed to LADF for MPS.The M,P. 's don't disclose which area they developed ,how much and what is the audited account of it.5crx370M.P.sx5 yrs>9250 Crores.Good enough to bring about a big industry .That is why there are M.P.'s also from ---.Let us bring out how many M.P. 's have taken bank loans and what are their Business interests.Even the CPM is silent on all these.The fight for the ordinary is ever lasting.But take heart a single man like Mr.E.V. Ramaswamy Naicker could bring about Caste system to forget it's caste bride i
Re: Re: SUPER RICH and SUPER CORRECT!!
by R ponnabalam on Jan 13, 2018 10:04 AM
"such super controls with the present executing bodies(govt. servants), politicians-hate spreading, judicial system-delay and corruption."One thing we all must accept is that we had allowed degeneration in politics.Remember the Nagerwala case, no one knows ---.We say that we have justice system;the sikh riots, the court is reopening the case a few days back when decades had passed.The dysteleology is rampant in political and administrative system.When common man is unable to bring about change immediately we the common man has still to retain spirit ,oppose , resist the wrong with whatever is at out disposal and keep fighting for we have less resources and when the less resourced also becomes one with the super rich when he manages to become resource rich.Look at our M.P.s.We sent them to Parliament for National Development.They have invented LOCAL AREA DEVELOPMENT FUND for M.P.s.Recently when M.P. dies the obituary said he was opposed to LADF for MPS.The M,P. 's don't disclose which area they developed ,how much and what is the audited account of it.5crx370M.P.sx5 yrs>9250 Crores.Good enough to bring about a big industry .That is why there are M.P.'s also from ---.Let us bring out how many M.P. 's have taken bank loans and what are their Business interests.Even the CPM is silent on all these.The fight for the ordinary is ever lasting.But take heart a single man like Mr.E.V. Ramaswamy Naicker could bring about Caste system to forget it's caste bride in one s
Re: Re: SUPER RICH and SUPER CORRECT!!
by R ponnabalam on Jan 13, 2018 10:19 AM
We are importing Bolts Nuts Plastic items automobiles spares etc from China&Taiwan.China and India went to U.S.S.R almost at the same time for Technology.If our PVT. sector,Market Economy had been as efficient as claimed and purposeful than our Public Sector we should have been a better developed industrial nation.We had been failed by Market Economy.With wealth of 74% available the rich do not invest.That means they have no people and time to manage the money that can be invested .So that money remains as junk.If wealth accumulation is spread out more people will contribute to GDP.Income inequality in India in 1930s >Top 1% earners captured 21% of total income.In the early 1980s that dropped to 6% income for top 1%and Now it 22%income for Top 1%Research paper by Thomas Piketty and Lucas Chancel .Indian Govt. or Indian economicsdom is not studying all these.Then how deviation can be corrected.the Govt. is not alone;there are vested interests R.Ponnambalam
Re: SUPER RICH and SUPER CORRECT!!
by R ponnabalam on Jan 13, 2018 11:07 AM
No need of Super control.It needs just Proper control.In the vast population of our country we will definitely have one or two men (say if POISON DISTRIBUTION applies here ) who can bring about change the country needsR.Ponnambalam
It brings out development, wealth addition is easily possible despite any disturbance like demonetization,GST and what not if one has wealth enough to invest.But has our policies and practices allowed and provided enough wealth provision at the hands of a greater % of people.Top 10% has 74% of wealth and the bottom 30% has just 1.4% ( taken from ex.V,P.'s speech.).The wealth accumulation and disparity is brought out by Credit Suisse or by Chancel and Piketty .Why India had not monitored it.If we did not monitored it we had no desire to control it.If we had no desire to control we are befooling the Public.Our ECONOMICSDOM never tell the ratio of growth of say bottom 30% low income population as against a definite * increase in GDP or something like that.We venerate unrecovered bank loan as NPA whereas in days gone by people were ashamed of not to pay loans and to declare insolvent.Now?R.PONNAMBALAM
It brings out development, wealth addition is easily possible despite any disturbance like demonetization,GST and what not if one has wealth enough to invest.But has our policies and practices allowed and provided enough wealth provision at the hands of a greater % of people.Top 10% has 74% of wealth and the bottom 30% has just 1.4% ( taken from ex.V,P.'s speech.).The wealth accumulation and disparity is brought out by Credit Suisse or by Chancel and Piketty .Why India had not monitored it.If we did not monitored it we had no desire to control it.If we had no desire to control we are befooling the Public.Our ECONOMICSDOM never tell the ratio of growth of say bottom 30% low income population as against a definite * increase in GDP or something like that.We venerate unrecovered bank loan as NPA whereas in days gone by people were ashamed of not to pay loans and to declare insolvent.Now?R.PONNAMBALAM
story of billionaires in the developed west as well as in China and Russia (perhaps to a lesser extent in the latter two) is all about skills of enterprise overcoming competition, that in India - a begging bowl revenue nation - is invariably about packs of thieves helping themselves to public wealth like swine devouring food meant for people !
So long they continue to do development in terms of region, employment, and goods-we need many super rich. Ultimately their money is also a national wealth, they cannot eat more than their capacity to eat, they cannot sleep on more than a bed of little extra size than 3x6, they do not have army to wage war against any system. Unable to understand why people have zealous with such super rich who are contributing to national wealth by way of paying huge taxes too.
Re: Super rich
by R ponnabalam on Jan 10, 2018 07:08 PM
Ultimately their money is also a national wealth, they cannot eat more than their capacity to eat, "Equally they cannot invest more than they can manage and generate wealth for the nation with no more than 24hrs a day for them.Then who manages;mostly their children and family members.With all the money at their disposal will enjoy life with money or struggle to earn more money.OUR GOVT.IS BLIND TO IT.Our wage structure is so awkwardly poor;the statutorily rules are not always followed.e Indian speak great spirituality and do more things unethical than people of other countries R.PONNAMBALAM
Re: Super rich
by R ponnabalam on Jan 11, 2018 09:44 AM
'Ultimately their money is also a national wealth"national wealth cannot be spent by ordinary man-citizen to buy his daily food needs.He has to have ways and means to earn whatever is his expenses of the day,if possible a little more and have HIS MONEY TO SPEND.The struggle is that, to get money to spend for needs;Can these super rich make that struggle a little less painful ?Let the super rich continue to earn as much .But that 74% super rich money is not in productive flow to let small fishes also swim there.Why such big amount doesn't get invested in the interest of all.R.Ponnambalam
Re: Super rich
by R ponnabalam on Jan 11, 2018 09:46 AM
\\\'Ultimately their money is also a national wealth\\\"national wealth cannot be spent by ordinary man-citizen to buy his daily food needs.He has to have ways and means to earn whatever is his expenses of the day,if possible a little more and have HIS MONEY TO SPEND.The struggle is that, to get money to spend for needs;Can these super rich make that struggle a little less painful ?Let the super rich continue to earn as much .But that 74% super rich money is not in productive flow to let small fishes also swim there.Why such big amount doesn\\\'t get invested in the interest of all.R.Ponnambalam
Re: Super rich
by R ponnabalam on Jan 11, 2018 09:55 AM
why people have zealous with such super rich who are contributing to national wealth by way of paying huge taxes too."Nobody is jealous or would be jealous.When a corporate tells honestly that it has 44000 crores of loan a citizen of this country thinks that every citizen should be given such loan so that every indian can be contributing to national wealth by way of paying huge taxes too. The citizens of the republic can ask the state after 70 years of legislating welfare laws and adjudicating measures to deliver social justice why each citizen is not getting Rs.44000 crores loan or why the Govt. is not running Industries on behalf of the public and why the Govt. strains the super rich to get more tax from them when there are ways to reduce their tax burdenR.PONNAMBALAM
Re: Re: Super rich
by R ponnabalam on Jan 11, 2018 10:58 AM
"they do not have army to wage war against any system"Our system, the Govt. apparatus is totally to blame;in every malpractice there will the imprint of authority and system well camouflaged .But the problem is that We all Indians without exception acquiesce in to the autocracy of the system and become part of it.We have to come forward to change it.That is the reason we have to question why only a select few are given loans in the range of Rs. 44000 crores ?Instead why not the Govt. feel competent to run industry, get tax from that in stead of straining the super rich who cannot get time enough also to enjoy that wealth.R.Ponnambalam
Re: Re: Re: Super rich
by arungopal agarwal on Jan 11, 2018 11:36 AM
Why then Air India is incurring huge loss, who has eaten such money like Mallya, similarly why rly is in loss with such crowd. Pension and perqs. of all govt. servants are like Maharaja, none in private sector pays it plus unlimited bribe to everyone. In private sector few eats, whereas in govt. sector everyone eats.
Re: Re: Re: Re: Super rich
by R ponnabalam on Jan 11, 2018 01:04 PM
Air India had made loss.First it is not published every year as it is now.It should have been there every year There is a minister for it.He should have hauled up in the parliament for the loss .Our Local Area Development -philosophy practicing M.P.s. had not done it.The parliament had not acted in time.Like imposing fine on workers provisions must be there for such for those who had not questioned it I parliament in time. Our Trade Unions had been a big drag.That said our Managements lacked guts to hold the unions by horns;the respective ministries had not stood by the managements of Public Sector Companies.It was political failure.These failures have to be corrected.But somewhere some interests need these failures to continue as this is a way to have privatization ,Market economy etc also R.PONNAMBALAM
Re: Re: Re: Re: Super rich
by R ponnabalam on Jan 11, 2018 01:05 PM
Air India had made loss.First it is not published every year as it is now.It should have been there every year There is a minister for it.He should have hauled up in the parliament for the loss .Our Local Area Development -philosophy practicing M.P.s. had not done it.The parliament had not acted in time.Like imposing fine on workers provisions must be there for such for those who had not questioned it I parliament in time. Our Trade Unions had been a big drag.That said our Managements lacked guts to hold the unions by horns;the respective ministries had not stood by the managements of Public Sector Companies.It was political failure.These failures have to be corrected.But somewhere some interests need these failures to continue as this is a way to have privatization ,Market economy etc also R.PONNAMBALAM
Re: Re: Re: Re: Super rich
by R ponnabalam on Jan 11, 2018 01:15 PM
"Pension and perqs. of all govt. servants are like Maharaja, none in private sector pays it plus unlimited bribe to everyone.”I too face such in Govt. offices,No office acknowledges application or representation given..I wrote something on this to a Dist.Collector.He forwarded it to Tasildar &sent me a copy of that forwarding letter ,Some 4 or 5 months gone .Nothing had come out .I have quite a few more things . Bribe ,it is rampant.But these cannot make us to do away with Govt.offices and Privatize those offices. If because of unsatisfactory performance anything is to be privatized it is the Govt. offices. First R.PONNAMBALAM
Re: Re: Re: Re: Super rich
by R ponnabalam on Jan 11, 2018 03:24 PM
"In private sector few eats, whereas in govt. sector everyone eats."In any sector those who have the gumption to eat,do eat or can afford to eat.There are still people who do not eat, eat meaning what you say,R.Ponnambalam
Re: Re: Re: Re: Super rich
by R ponnabalam on Jan 11, 2018 03:24 PM
"In private sector few eats, whereas in govt. sector everyone eats."In any sector those who have the gumption to eat,do eat or can afford to eat.There are still people who do not eat, eat meaning what you say,R.Ponnambalam
Re: Re: Super rich
by R ponnabalam on Jan 11, 2018 10:59 AM
\"they do not have army to wage war against any system\"Our system, the Govt. apparatus is totally to blame;in every malpractice there will the imprint of authority and system well camouflaged .But the problem is that We all Indians without exception acquiesce in to the autocracy of the system and become part of it.We have to come forward to change it.That is the reason we have to question why only a select few are given loans in the range of Rs. 44000 crores ?Instead why not the Govt. feel competent to run industry, get tax from that in stead of straining the super rich who cannot get time enough also to enjoy that wealth.R.Ponnambalam
So long they continue to do development in terms of region, employment, and goods-we need many super rich. Ultimately their money is also a national wealth, they cannot eat more than their capacity to eat, they cannot sleep on more than a bed of little extra size than 3x6, they do not have army to wage war against any system. Unable to understand why people have zealous with such super rich who are contributing to national wealth by way of paying huge taxes too.
