PSU Banks Losing Rs.18,000 Cr A Month – Unviable Projects 


May24, 2018 (C) Ravinder Singh

All it required to make India $2T Economy in 2014, a $5T Economy today or $15T Economy by 2030 was ‘a Chief Technical Officer’ to provide R&D Led Economy and Innovative Projects.

All it requires was ‘Dismantle Middlemen in Economy’ to release‘Productive Energy of 1300m Indians.’

PSU Banks 14% NPAs & Rs.18,000 Cr Losses/Month

Governments had taken over 40% of money with banks at very low rate of Interest mostly for Unviable Projects, Railways, Power and Road Highways, Private Sector BUNGLED Housing, Services, Retails, Low Interest Personal Loans all contributed to NPAs and Bank Losses. When we require 10 Banks and 5 Saloons in a Colony in South Delhi – there are 50 Banks and about 30 Saloons mostly coming up in 3-4 years.


Farmer’s income shall double when Foods They Produce is Semi-Processed or Fully Processed at their Farms itself. All it requires is a 10T/Day Rice Processing Unit, or a Flour Mill of Similar Capacity, or a 2T Per day Dal Mill.

All Food-Grains is Processed and Packaged within village and directly dispatched to retailers, PDS. Similarly all the Milk Fruits & Vegetables shall be Semi Processed at Village itself and Delivered within hours of Harvesting.

Bread & Biscuits, Confectionery, Jams & Pickles, Juices & Ice Creams, Cheese & Chocolates, Rasgula or Dokla, Biryani & Butter Chicken can all be made in Villages – ready to eat all over India. Beer & Wines could be locally produced and consumed within 50 kilometers than Hard Drinks which requires distillation.

Instead of Transporting 10 Tones of Concentrated Pineapple Juice – we Transport 50 Tones of Pineapple Fruit over 3000 km – good percent is wasted.

Industry and Innovation was totally neglected. There is no growth of Credit to Industry means dependence on IMPORTS and Rising UNEMPLOYMENT.

India neglected Multi-Purpose Hydro Power Development,Clean Energy, Water-Energy Storages, Flood Protection, Irrigation, Recreation, Fishing – 200,000 MW Potential in Himalayas alone.

India can save 300 BU of Electricity at Consumer End mainly Electric Gadgets and LT Transmission. 250m Households could have 1 KW of Off Grid SolarPV at half the cost invested on Power Plants, Transmission Lines & Transformer Capacity at 440V LT to 800 KV HVDC Levels.


Instead of Rs.500 Cr Per Km METRO LINES could Running AC EMUs at Say Rs.5 Cr Per Km in and around Urban areas.

India continues to serve Passengers and Goods Traffic on Highways and Railways. Around 80 People Die in Railway Accidents and 400 die in Road Accidents every day.

Ravinder Singh, Inventor & Consultant, INNOVATIVE TECHNOLOGIES AND PROJECTS

Y-77, Hauz Khas, ND -110016, India. Ph: 091- 8826415770, 9871056471, 9650421857

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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