MJ Akbar Confused – Ambani Wealth & NPAs Tripled in 4 Yrs
August05, 2018 (C) Ravinder Singh email@example.com
If the political match between Team Congress and Team BJP is to be held at neutral venue – Congress shall win every match by huge margins. Congress has much better team to run the Government and BJP is much better in Publicity & Election Management.
Due to WEAK TEAM all government programs flops and promises turn to Jumlas. There is nothing wrong in DREAMING BIG but Chartered Accounts can’t run the economy.
MJ Akbar in the columns of TOI hoped to Reduce Poverty to 3% by 2022 is 99% politics, worst of allMukesh Ambani wealth TRIPLED in 4 Years – Corporate Worth Increased 80% [SENSEX] in 4 years whenNPAs Tripled to nearly Rs.10,00,000 Cr.
Government Policies had ENRICHED Corporate Families manifold – but Income of MSMEs, Farmers had declined or not improved on net basis [Revenue – Expenditure].
Congress saw TRIPLE TRANSFORMATIONS – Capitalists opposed Nehru and he won decisively 1951 under Two Bullock symbol, in 1964 Lal Bahadur Shastri was made Congress PM, in 1967 there wasCapitalist revolt and Indira Gandhi after Split, again there was defection in 1977 and she contested underCow & Calf Symbol, lost but won again in 1980 under Hand Symbol. In 1989 VP Singh led revolt against Congress. NCP and TMC Congress Leaders formed parties. 20% to 30% Congress Leaders are in BJP. Congress need Smart Leader or replace bulk of Losers with ‘Farmers & Common Man.’
As is presented in Rainfall Chart in attachment – this is peak monsoon rainfall time but in last 12 days only once rainfall was above normal – last night was worst gap I noticed in 10 years. In week 26-07-2018 to 1-08-2018 rainfall was (-) 29% and 80% of the country was in (-) 20% to (-) 99% rainfall deficiency, even worse (-) 47.2% in August so far 4 days.
Per capita availability of Food-grains including pulses and coarse grains in 2013-14 was 179.3 kg, in last 4 years is 169.8 kg, 177.7 kg, 178.4, 176.8 kg. Peak per capita food-grains availability was 186.2 in 1990-91.Fifth year is negative.
Niti Ayog ‘The average income of an agricultural household during July 2012 to June 2013 was as low as Rs.6,426, as against its average monthly consumption expenditure of Rs.6,223. As many as 22.50 per cent of the farmers live below official poverty line.’ This is Farmers Daily Household income of only $0.20 Cents. Most of the Farmers, Unemployed, Labor are BELOW POVERTY LINE.
GDP growth in 1960s was 3% when India was Agricultural Economy – Farmers per capita food production is negative now not even 3% – Industry is in CRISIS, NPAs have Tripled.
In less than two years Hair Cut charges has doubled Rs.80 to Rs.150. Education & Healthcare etc costs have Doubled or at least 50% more.
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