Growth vs Survival

If we want growth we have to start consuming more and more

Natural resources are limited

Should be not keep something for the next generations or should be simply focus on more and more growth

Survival should be our ultimate goal...we cannot just be gready and consume all our resources.....eg environment should be on top of list

With our quest for growth should we consume and destroy all our resources...?

Entrepreneurs

Do we criticize Facebook Microsoft and Amazon for doing good when American economy is in bad shape? Why do we always criticize Indian Successful entrepreneurs and praise entrepreneurs from abroad....why always this love for everything foreign....

Jeff Bezoz and Mark and Bill Gates are heroes....and Ambanis are exploiters

We should show some respect to Indian Origin also

Else how do we get to make something like google windows and Facebook in India

Or maybe Indian Audis and Mercedes

GDP data with or without inflation

Should we welcome inflation to increase GDP?

It's time we start extracting Real GDP which is net of inflation for comparision to get actual picture

Otherwise Without Real GDP we have to also consider  inflation figures and then project the analysis 

Currently we are talking about half baked data when we talk abt GDP growth without considering inflation 

We should talk about real GDP

Factors              2014      2019

Inflation.            10.3%     4.5%

FDI(bn.$)            189.5     283.9

Forex(bn.$)        304.2     412.9

GVA(Service)     7.4%       8.4%

GVA(Mfg)           5.3%       8.4%

Debt to GDP       23.9%    19.7%

Inflation growth was more than 10% and GDP growth 7-8% during 2008-2014

Considering that we have negative growth of 2-3%

Now inflation is 4%  and GDP 4.5%

Still positive growth of 0.5%

It's because of Automobile and real estate

It's a bubble which is burst

Strong Investment is required in infrastructure to increase the GDP

Also by increasing inflation  the growth rate can be increased 

Thankfully Govt is not taking the bait

And also automobile needed some correction  due to pollution problems

Its cyclic

Sudden boom in some sectors which overgrows demand due to which comes the slump

Zombies

We should keep asking ourselves 

Are we turning into zombies? 

Wrongs have to be corrected and only we can do it

Charity

Charity should not mean only donation....it should come in exchange of service...by offering meaningful and dignified work to the doanee....Instead of simply giving money away we should help people in getting themselves occupied in most meaningful way. I think coming out with innovative ideas to make people engage in some productive work along with donation  will help in nation building and provide for a robust society.......and also be respectfull to the doanee

Mentors

When we come to this world our parents become our first mentors and then comes our teachers. In corporate life and in our professional lives we all need mentors who can channelise our energy in the right direction  to achieve the common goal.We learn this process from Lord Krishna himself who mentored Arjuna. Thankful to all my mentors and all others who are being the guiding force for making our society a progressive one.

Men and Women

Men and Women have unique qualities which complement each other. Gender equality is essential for a progressive society. It's just like using all your resources  for completing a task. Deficiency of one is covered by another. It's time we give due respect to nature and move forward the way it is is intended to. Balance is what can keep us all happy.

Economic Growth

Economic Growth should be achieved but without the cost of Inflation. Should not repeat mistakes of past. High inflation  will rob wealth of poor and middle class.

Growth should be achieved through:

Creation of infrastructure like roads ports highways warehouses etc...

Creating meaning work for all

Social security measures like food, house, education, hospitals for those who cannot afford

Creating Top class defence 

Manufacturing and Service of world standards

Recycling waste 

Environment friendly energy for all

Top class technology

Happy People

Some of the actual steps taken by GoI

Rs 2.5 lacs crore recapitalization of banks and another Rs 3 lacs crore recovery of NPAs

Banking system was in a mess which has started recovering

Rs 5 lacs crore disbursed by banks in last 2 months

Rs 100 lacs crore planned for infrastructure

Rs 25000 crore given for real estate revival fund

Taxation being rationalized for boosting spending

Electricity and broadband connectivity in every village to steer economic activity PAN India