Saturday, March 14, 2015

SHOW ME THE MONEY


India is a poor country and there should be no denial on accepting that, all the numbers we talk of may appear large and heavy in cumulative numbers but if we ever divide them on per-capita and area basis, we will get to know how sad the real picture is.

Yes, the government is working to make things better, but some things are there we should keep in mind.

The money all around the world has been very cheap since last three years and by now nearly every developed economy has eased or announced to ease as much artificial money as it can in the present scenario. By September 2016, with the end of European QE, cost of international funds would be hitting their bottom.

That the Indian subcontinent has been visited by many international faces from huge economies like the US, China, Japan, Russia etc. , and mind you the speed with which these countries work, if they would have been so serious on their promises they made in building our country, the groundwork at least in this area would have already started. 

All those promises that their would be construction of duplicate cities in Varanasi, Ahmedabad etc. would have lighted up by now. 

If they would have been so keen to make the Mumbai-Ahmedabad Superspeed Trains, it would have been not only started but would have been completed upto 10-20% and it would have not been going the Grand Indian way that even the feasibility report is still awaited as per the latest budget.(These countries launch a new phone every three months, they really dont work so slow)

The country should thus understand that if in these times, if we are unable to raise money from all around the world, it is going to get only difficult next year onwards. Funds would not only get dearer, as these developed economies would be already gaining some strength in their economies, why would they be so eager to take a share from our growth.

So please make it easy to work here very soon because you need the money very badly, its just like a situation where you have an idea to sell, and also a property to mortgage and raise money but the bank just not clears our loan, even at a time where the bank is dying that someone raises money from it, after all there are even Negative rates in some countries at this point.

Sunday, February 15, 2015

THE GLASS IS FULL - HALF WATER, HALF AIR


Morality And Hypocrisy : Talk of the hour with the recent AIB Video Rout.
In a society where consuming sinful pleasures like alcohol,cigarettes etc. though considered weak on the grounds of morality by some, is nothing but a matter of choice and nothing else.

But yes, there are things here that the government and the cyber law authorities need to take care of, and with the budget coming up I have a point for consideration

However strong laws we make we know it is not difficult for a 14  year old non-adult to get easily exposed to sins like cigarettes, alcohol, drugs or even for that matter obscene video or audio content on the medium.

But yes it is optically visible that people who get exposed to this audio-visual content at the wrong time is fairly high than those who get into the cycle of the sins like alcohol, cigar etc.

You know what is the distinction is ?

With heavy excise duty levied on alcohol and tobacco by the law of the land, it becomes a little expensive to regularly indulge into these types of malpractices for a fairly large amount of community from getting into all this. It is allowed but comes at a price.

So dear government, you need money right? So why not tax these so called filthy people for generating such content in our lands just because our law has a right which talks about freedom of speech. For them this is a USP in the lands here and so they better pay for it.

Dear Finance Minister you have a pocket from where you can generate a hell lot of money. We pay approx 20% tax when we have a pizza, and the person generating such content on the internet gets away for fairly less costs.

So it is easy screen them and ask for money on categories, and just see how these fancy valuation these startups command these days dry up, but remember the screening should be efficient or you will lose a rank in the Ease of Doing Business arena.

Why should Google and AIB make all the money? They littered on the streets so better pay it back for it, (And yes the 40 lakhs these people were flaunting that day is much lower they charge for a 2 minute dance at a wedding, so please dont fool us)

And yes we are a money driven public, as all this gets costlier to generate, it will atleast be a little less on the street, and even if that does not happen we will get a little more money to Make In India, so atleast we will not feel so badly about it, as atleast it would lighten our pockets a little.

Please, try thinking in this direction, A popular shitty industry is actually an avenue for tax generation.