Shahrukh khan to Host IIPM 4Ps Annual Business and Marketing Quiz
2,300 IIPM students get jobs
6: Allocate Rs 5,000 crore to Create RTI Awareness
Many Indian companies, brands and celebrities are known to virtually every Indian despite advertising and promotional spends that rarely exceed Rs 100 crore a year. Imagine how empowered Indian citizens in both urban and rural areas will be empowered if there is a massive and sustained campaign that actually tells people how to use the Right to Information Act. This revolutionary law has not yet been utilised to its potential simply because citizens don’t know how to use it. But spending Rs 5,000 crore a year on creating RTI awareness will surely act as a transformational initiative even if some money is siphoned off by some powers that be in the government and their cronies to make terrible ads and promotional material!
Where will the Money Come From?
In the new Khao Aur Khilao Budget, about Rs 200,000 crore (Two Lakh Crore!) of additional funds have been allocated. That sounds like a lot of money. But if you look again, that is even less than the personal wealth reported by our top industrialists and tycoons. And that is barely 2.5% of India’s GDP, not counting for ‘Black income and wealth’! Many of you have probably read the book "The Great Indian Dream" that I co-authored with my father Dr. Malay Chaudhuri many years ago. Those who have read the book will know my position that it will be easy for Pranab Mukherjee to raise the funds without affecting corporate profitability or economic growth. Our tax and cess regime is so riddled with loopholes that there are tens of thousands of Indians who earn millions and pay a pittance in taxes – either directly or indirectly. In fact, once the national database of poor people with biometric cards is established, Finance Minister Pranab Mukherjee can simply announce that no subsidy of any type will be given to citizens who don’t possess these biometric cards. That means you and I might pay Rs 600 for an LPG cylinder instead of less than Rs 300; will 300 bucks a month beggar you? That means you and I might end up paying a few thousand rupees more for our child’s education in SRCC, Xaviers and Loyola instead of the few hundred rupees we pay now. That means we might end up paying more for petrol and diesel for our cars. That means we might need to pay a few thousand more when we go overseas and spend more than a lakh. These steps will ensure that the new expenses can be taken care of.
Look at it another way. Currently, the budget allocates about Rs 65,000 crore for the major welfare schemes mentioned above. If you go by the Rajiv Gandhi doctrine, about Rs 10,000 crore reaches the poor. Even if India fails spectacularly in implementation yet again, the The Khao Aur Khilao Budget will ensure that Rs 20,000 crore more will reach the poor every year. Just imagine what would happen if Pranab Mukherjee announces bold initiatives that will allow our system to siphon off 50% of the extra expenditure. The poor in India will still be left with Rs one lakh crore a year. And the corrupt will any way remain happy.
For more articles, Click on IIPM Article.
Source : IIPM Editorial, 2008
An Initiative of IIPM, Malay Chaudhuri and Arindam Chaudhuri (Renowned Management Guru and Economist).
For More IIPM Info, Visit below mentioned IIPM articles.
Khao Aur Khilao budget by Arindam Chaudhuri
IIPM 4Ps Quiz- Shahrukh Khan Video
IIPM Best B-school
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IIPM Global B-School
IIPM Alumni Officially on Facebook
IIPM 4ps Quiz
IIPM: History, and Founder Director Dr. M.K. Chaudhuri
IIPM New Delhi, The Indian Institute of Planning and Management, India
IIPM Placements New Delhi, India
IIPM New Delhi India
IIPM MBA Institute India
IIPM - International
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Rankings IIPM, The Indian Institute of Planning and Management India
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» IIPM ranked No1 B-School in India :: Education, Careers ...
The Hindu Business Line : IIPM placements hit a high of over 2000 jobs
Deccan Herald - IIPM ranked as top B-School in India
India eNews - IIPM Ranked No1 B-School in India
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domain-b.com : IIPM ranked ahead of IIMs
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2,300 IIPM students get jobs
6: Allocate Rs 5,000 crore to Create RTI Awareness
Many Indian companies, brands and celebrities are known to virtually every Indian despite advertising and promotional spends that rarely exceed Rs 100 crore a year. Imagine how empowered Indian citizens in both urban and rural areas will be empowered if there is a massive and sustained campaign that actually tells people how to use the Right to Information Act. This revolutionary law has not yet been utilised to its potential simply because citizens don’t know how to use it. But spending Rs 5,000 crore a year on creating RTI awareness will surely act as a transformational initiative even if some money is siphoned off by some powers that be in the government and their cronies to make terrible ads and promotional material!
Where will the Money Come From?
In the new Khao Aur Khilao Budget, about Rs 200,000 crore (Two Lakh Crore!) of additional funds have been allocated. That sounds like a lot of money. But if you look again, that is even less than the personal wealth reported by our top industrialists and tycoons. And that is barely 2.5% of India’s GDP, not counting for ‘Black income and wealth’! Many of you have probably read the book "The Great Indian Dream" that I co-authored with my father Dr. Malay Chaudhuri many years ago. Those who have read the book will know my position that it will be easy for Pranab Mukherjee to raise the funds without affecting corporate profitability or economic growth. Our tax and cess regime is so riddled with loopholes that there are tens of thousands of Indians who earn millions and pay a pittance in taxes – either directly or indirectly. In fact, once the national database of poor people with biometric cards is established, Finance Minister Pranab Mukherjee can simply announce that no subsidy of any type will be given to citizens who don’t possess these biometric cards. That means you and I might pay Rs 600 for an LPG cylinder instead of less than Rs 300; will 300 bucks a month beggar you? That means you and I might end up paying a few thousand rupees more for our child’s education in SRCC, Xaviers and Loyola instead of the few hundred rupees we pay now. That means we might end up paying more for petrol and diesel for our cars. That means we might need to pay a few thousand more when we go overseas and spend more than a lakh. These steps will ensure that the new expenses can be taken care of.
Look at it another way. Currently, the budget allocates about Rs 65,000 crore for the major welfare schemes mentioned above. If you go by the Rajiv Gandhi doctrine, about Rs 10,000 crore reaches the poor. Even if India fails spectacularly in implementation yet again, the The Khao Aur Khilao Budget will ensure that Rs 20,000 crore more will reach the poor every year. Just imagine what would happen if Pranab Mukherjee announces bold initiatives that will allow our system to siphon off 50% of the extra expenditure. The poor in India will still be left with Rs one lakh crore a year. And the corrupt will any way remain happy.
For more articles, Click on IIPM Article.
Source : IIPM Editorial, 2008
An Initiative of IIPM, Malay Chaudhuri and Arindam Chaudhuri (Renowned Management Guru and Economist).
For More IIPM Info, Visit below mentioned IIPM articles.
Khao Aur Khilao budget by Arindam Chaudhuri
IIPM 4Ps Quiz- Shahrukh Khan Video
IIPM Best B-school
IIPM
IIPM Global B-School
IIPM Alumni Officially on Facebook
IIPM 4ps Quiz
IIPM: History, and Founder Director Dr. M.K. Chaudhuri
IIPM New Delhi, The Indian Institute of Planning and Management, India
IIPM Placements New Delhi, India
IIPM New Delhi India
IIPM MBA Institute India
IIPM - International
Business and Economy - India's Most Influential Business and ...
Rankings IIPM, The Indian Institute of Planning and Management India
Management Certification, IIPM India
(IIPM) Management Education Institute India
Moneycontrol >> News >> Press- News >> IIPM ranked No1 B-School in ...
» IIPM ranked No1 B-School in India :: Education, Careers ...
The Hindu Business Line : IIPM placements hit a high of over 2000 jobs
Deccan Herald - IIPM ranked as top B-School in India
India eNews - IIPM Ranked No1 B-School in India
IIPM Delhi - Indian Institute of Planning and Management New Delhi ...
domain-b.com : IIPM ranked ahead of IIMs
IIPM makes business education truly global-Education-The Times of ...
