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1.3b Brains Not Globalized BUT 100% FDI in Most Sectors

Banks Support Commodity Trades But Not IPR Project Invest  

October31, 2017 (C) Ravinder Singh progressindia2015@gmail.com

Out of $600b invested by India Companies in Foreign Countries and$1000b Foreign Investment in India there is very little role of 99.99% or1.3b Indians.  

 

As given in RBI recent study of Rs.38,75,000 Cr Of Investments and Credits to Indian Companies contribute just Rs.2,17,600 Cr of Imports & Exports. Foreign Companies on the other hand contributes Rs.10,10,700 Cr of Imports & Exports – FIVE TIMES MORE CONTRIBUTION.

India has Totally Neglected MSMEs and R&D – both PROTEIN and VITAMINS of Indian Economy. Invest in MSMEs is Negative as Percentage of GDP and R&D is at ZERO Level –

 

Why can’t India have INVEST OVERSEAS PROGRAM FOR INDIAN BRAINS supported by BANKS to Acquire FOREIGN R&D, TECH AND MANUFACTURING COMPANIES and LEVERAGE advantages of locating in Foreign Countries and their Institutions Supporting INVENTIONS & MANUFACTURING?

 

China INCUBATED BRAINS in USA, EU, JAPAN – who then Led Manufacturing Growth on return with ADVANCED SKILLS, India supported DEAD BRAINS like Tata or Ambani who acquired OIL & GAS blocks, Power, Telecom in 2002 all flopped. Tata has over 25 may be 50 Foreign Collaboration in Automotive sector alone.

 

Why Can’t India have ‘PROPERTY EXCHANGE PROGRAM’ Indian Professionals sell their Assets in India to Company or Individual in Foreign Country where he intends to MIGRATE? There is no financial burden in this but Rewarding to both partners.

 

When professionals in Developed Countries – USA, EU in particular can freely invest in foreign countries and relocate to places where they can best utilize their skills – 99.99% Indians are RESTRICTED and Not Supported by Indian Banks.

 

Banks Support TRADE and traders do manage to INVEST THROUGH TRANSACTION MANAGEMENT or HAWALA – but Inventors & Professionals are not supported and there is no INVEST ABROAD POLICYfor Inventors & Investments even as Investment in Developed country by Indians is more secure than Investing in India.

i.e. There is no Such Thing as NPA in USA – a Company or an Individual DEFAULTING in ‘Bank Dues Invite Swift Action’ – Banks recover dues Plus Damages.

1.3b Indian BRAINS are not Globalized.

Ravinder Singh, Inventor & Consultant, INNOVATIVE TECHNOLOGIES AND PROJECTS

Y-77, Hauz Khas, ND -110016, India. Ph: 091- 8826415770 [4G]9871056471, 9718280435,

Ravinder Singh* is a WIPO awarded inventor specializing in Power, Transportation,

Smart Cities, Water, Energy Saving, Agriculture, Manufacturing, Technologies and Projects

https://rbidocs.rbi.org.in/rdocs/Publications/PDFs/PR157397D31523CA3E411DB639231E3AA634EF.PDF

Census on Foreign Liabilities & Assets of Indian Direct Investment Companies 2015-16

In the 2015-16 round of FLA census, out of the 18,549 reporting companies, 17,008 companies had FDI/ODI in their balance sheet in March 2016. Of these, 649 companies had bi-directional direct investment14,383 companies received only FDI and 1,976 had only ODI. Of the 15,032 companies that reported inward direct investment, 10,794 companies were subsidiaries of foreign companies (i.e., single foreign investor holding is more than 50% of total equity), which also report information on their sales, purchase, exports and imports, for use in the compilation of Foreign Affiliates Trade Statistics (FATS) for India. Out of 2,625 ODI reporting Indian companies, 2,093 companies had 3,320 overseas subsidiaries. As some companies may still report, the results presented here are provisional.

INDIAN COMPANIES

 

Inward/Outward Direct Investment: Equity participation had a much larger share (93.4 per cent) than debt in total inward FDI, which stood atRs.20,140.0 billion at market value in March 2016 (Rs.19,813.4 billion a year ago). Total ODI was placed at Rs.5,790.2 billion at market value (Rs.5,637.0 billion a year ago).

Other Investment: Other investment liabilities, which include trade credit, loans, currency & deposits and other payable with unrelated (third party) nonresident entity, stood at Rs.12,640.8 billion in March 2016 (Rs.12,333.1 billion a year ago).

Sales/Purchases of Overseas Subsidiaries of Indian Companies: Total sales, including exports, of overseas subsidiaries increased by 22.5 per cent to Rs.3,301.1 billion in 2015-16. The total value of their purchase, including imports, increased by 44.7 per cent to Rs.3,150.7 billion in 2015-16.

Exports/Imports of Overseas Subsidiaries of Indian Companies: Total exports of overseas subsidiaries increased by 0.5 per cent to Rs.988.2 billion in 2015-16 whereas their total imports increased by 10.5 per cent toRs.1,188.3 billion in 2015-16.

FOREIGN SUBSIDIARY COMPANIES

Sales/Purchases of Foreign Subsidiary Companies in India: Total sales, including exports, of foreign subsidiaries increased by 6.2 per cent toRs.17,078.2 billion in 2015-16 whereas their purchase, including imports, increased by 5.5 per cent to Rs.10,812.2 billion.

Exports/Imports of Foreign Subsidiary Companies in India: Total exports of foreign subsidiaries companies increased by 0.9 per cent toRs.5,493.6 billion in 2015-16. Exports constituted 32.2 per cent share in their total sales. The ‘Information and communication services’ sector had the highest share of 21.4 per cent in sales, of which, 70.6 per cent was through exports. Total imports of subsidiary companies increased by 0.2 per cent to Rs.4,614.2 billion in 2015-16. Imports accounted for 42.7 per cent of total purchase of these companies

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Truck terrorist attack in Manhattan

On the pretext of the today vehicular terrorist attack in Manhattan that killed eight and injured at least 12 others on Tuesday, Trump has taken to Twitter to announce stricter restraints on granting entry to the US.

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Truck terrorist attack, in which at least 8 people have been reported killed and at least 11 injured in a vehicle attack near the World Trade Center memorial in lower Manhattan, New York City. Police have the driver in custody and are investigating the attack as terrorism. Media reports  the suspect yelled, “Allah akbar,” Arabic for “God is great,” before being taken into custody. The terrorist suspect’s identity has yet to be confirmed by police, but widespread reports citing law enforcement sources claim the suspect is 29-year-old Sayfullo Saipov, an Uzbek native who gained legal status in the US in 2010.Saipov allegedly came to the US under the Diversity Visa Program, which provides visas to people from countries with historically low rates of immigration to the United States, according to ABC News.

Trump’s “extreme vetting” of refugees and immigrants from select countries has been challenged multiple times in federal court, and the US Supreme Court has before it his travel ban policy against several Muslim-majority countries and Chad, North Korea and Venezuela.

Uzbekistan is not among the countries on Trump’s travel ban.

Police said that a vehicle entered the bike path “a few blocks north of Chambers Street” where it “struck multiple people.” They added there there are “several” fatalities and “numerous”people injured.

Six people were reported dead on the scene, and two others were pronounced dead at the hospital,  another 11 were transported to the hospital with “serious, but not life threatening” injuries, NYPD Commissioner James O’Neil told reporters.

O’Neil said that the suspect was a 29-year-old male. He said that the man had a paintball gun and a pellet gun, pointing them at people.

The suspect was hospitalized after being shot in the stomach by police. The suspect had exited his vehicle after striking a school bus, with two adults and two children inside. The suspect left the vehicle “displaying imitation firearms” and was shot by police officers before being taken into custody.

After colliding with the school bus the man exited holding two firearms. An officer assigned to the area fired, striking him in the stomach.

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Digital India Meanz – Uber, Google, Flipkart, Whatapp and FB

October31, 2017 (C) Ravinder Singh progressindia2015@gmail.com

 

This is Funny Sun rise in Delhi today is at 6:34 AM but street lights by Anil Ambani managed BRPL were switched off at 5:30 AM the summer time. BRPL has Most Expensive Energy Meters for street lights but not programmed to Switch On & Off at Sun Set or Sun Rise and installed timers to operate street lights. DISCOM transformers in India don’t have SMART METERS – get to know of breakdown only when some complaint is made – then bring maintenance equipment on HANDCART – attend to complaint in hours.

https://indiarailinfo.com/search/ndls-new-delhi-to-bct-mumbai-central/664/0/297

Unlike Japan where BULLET trains operate at Fixed time and 4-10 minute frequency – Indian Railway operate 10 different class of trains and N different schedules. Delhi to Mumbai Fastest Train takes 13:55 hrs, slowest 31:20 hrs plus late running. In running 5% trains faster – all other trains are SLOWED DOWN. Even if one reserves seat 4 months in advance but is still not sure of the Scheduled departure. Baring young generation – people are expected to arrive at stations one hour before departure and allow One Hour for Traffic – leave home 2 hours before scheduled departure even normal travel time is 15-30 minutes. If you miss the TRAIN – you will not get seat in next slower train or buy ticket in BLACK reach destination many hours late.

So many tickets are SOLD as RAC, WL and Tatkal – Even people holding reserve tickets have check the list – because trains are 500m long many platforms over 1 km long can’t take chance with Luggage & Family [RAC Reservation Against Cancellation and Wait Listed] Last time I travelled in Shane Punjab had to haul suitcase for well over 1.5 km at New Delhi station  – THERE IS NO STATION MAP TO GUIDE PASSENGERS TO THE SEAT IN COACH – But Coolies know everything.

 

For last 20 years it is the Multinationals who are pushing DIGITIZATION in India starting with Hotmail & Yahoo, to Amazon, Uber, Google, Whatsapp and FB etc.

 

All these Multinationals had Connected People with Relatives, Friends and Society and on limited scale made Private Services Accessible. BUT THIS IS FAR TOO INADEQUATE – Not even 1% of Transport services are accessible on UBER like applications – Zomato connect Restaurants to Consumers – but 98% of Foods are retailed through mandis, dhabas and street vendors. E-Commerce has connected Importers and Manufacturers to consumers but 98% of products retailed through shops and street vendors. MANDI Rates are displayed long after sales not before – so Farmers don’t benefit. Mandi also don’t give Daily, Weekly, Monthly and Yearly business report.

98% shops sell non-standard products, don’t display Price List or have websites.

 

Digitization is GREAT SUCCESS everywhere in the world – but strangely GoI is TOTALLY reluctant to DIGITIZE and Give Up Corrupt procedures. Almost all government offices have Computerized and Digitized Offices but not for Public Access. For Example: –

 

A litigant don’t get Copy of the Complaint even if it cost nothing to E-Mail and get copy of it – Often Weak or Fake Case after 1 or 2 hearings in the court when Litigant is under stress to hire good costly lawyer.

In matters of PIL both Complaint and GOI response are kept secret – why can’t PIL matters be made public – cost nothing. Orders of the Court aren’t E-Mailed but litigants required to get Certified Copies through complicated time restricted procedures or Absence of the judge is not communicated to the litigants and their lawyers & witnesses through SMS.

 

Even in matters of Disaster Management – Flood warning is given when People have left homes are in Places of Work – millions walk in Flooded streets to reach homes.

Ravinder Singh, Inventor & Consultant, INNOVATIVE TECHNOLOGIES AND PROJECTS

Y-77, Hauz Khas, ND -110016, India. Ph: 091- 8826415770 [4G]9871056471, 9718280435,

Ravinder Singh* is a WIPO awarded inventor specializing in Power, Transportation,

Smart Cities, Water, Energy Saving, Agriculture, Manufacturing, Technologies and Projects

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 MAHA RAAS LEELA (KARTIKOTSAV) 2017.

I am happy to inform you that I am presenting a Dance Ballet (MAHA RAAS LEELA) – NRITYA NATIKA in Kathak and Brindaban Braj Raas Style on the auspicious occasion of KARTIK PURNIMA on Saturday, 4th November, 2017 at6:30pm at Civil Services Officer’s Institute Auditorium, Vinay Marg, Chanakyapuri.

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This is based on 10th chapter of SHRIMAD BHAGWAD. We had been inspired byLate Smt. Kamla Devi Chattopadhyay to undertake this culture venture more than Three decades ago. The production is the culmination of extensive research and authentic imbibing of the Brindaban Braj Raas under expert Gurus in the art. We have been holding this Dance Ballet for the past 38 years and this has been a much awaited 3 days cultural event of the capital and entry is absolutely free and I may add that people look forward to this programme and attend in large numbers.

 

Uma Sharma, the renowned Kathak exponent has done pioneering research work on the “Raas” dance and drama of Brindaban. Over a decade ago she studied the technique under the guidance of Pt. Ladli Sharan Sharma the octogenarian authority on the style. She has now evolved a fine blend of Kathak and Raas Leela for her annual presentation of Maha Raas at “Sharad Utsav”.

 

I will be grateful if you can cover this cultural progarmme in your Newspaper/Magazine about “MAHA RAAS LEELA – KARTIKOTSAV”.

 

Looking forward to receiving you at KARTIKOTSAV and with warm regards.

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M6.6 – Loyalty Islands, New Caledonia

Preliminary Earthquake Report
Magnitude 6.6
Date-Time
  • 1 Nov 2017 02:23:56 UTC
  • 1 Nov 2017 02:23:56 near epicenter
  • 1 Nov 2017 06:23:56 standard time in your timezone
Location 21.630S 168.884E
Depth 10 km
Distances
  • 104.0 km (64.5 mi) E of Tadine, New Caledonia
  • 185.7 km (115.1 mi) ESE of Wé, New Caledonia
  • 249.4 km (154.6 mi) ENE of Mont-Dore, New Caledonia
  • 258.0 km (160.0 mi) ENE of Dumbéa, New Caledonia
  • 260.6 km (161.6 mi) ENE of Nouméa, New Caledonia
Location Uncertainty Horizontal: 5.7 km; Vertical 1.7 km