October31, 2014 (C) Ravinder Singh firstname.lastname@example.org
Tornado CAG has hit the BJP government with 2G Spectrum Allocations
cancelled earlier and now Coal Allocations scrapped since 1993 and SC
insisting on release of all Black Money Accounts have all compromised
CREDIBILTY of the GoI.
Global Ranking in doing business has slipped 8 ranks. Credit to
Farmers and rural economy has reduced to just 8% against Vyas
Commission Recommendation of 18%. There is actually $160b growth in
Bank Deposits but Credits to Industry Declined..
In just five months BJP government is hit by two Cyclones,
Unprecedented Kashmir Floods, Uttarkhand Again Hit by Land Slides and
most of India hit by drought for first two months of monsoon.
FM pleaded with CAG to Dilute SCAMS charges in its reports as taken by
media as GAG orders.
Gag the CAG http://www.youtube.com/watch?v=QkE8lVao0Ss
He has to Scrutinize Decision Making Process.
He doesn’t have to Sensationalize
He doesn’t have to get into headlines,
India paid heavy price after 2G and Coal Licenses scrapped.
Even as Bank Deposits have gone up $160b but in RBI report of
October10, 2014 there is actually decline in credit to Industry from
Rs.25229 billion in March2014 to Rs.25019 billion in August22, 2014.
Except Construction, Infrastructure & Power all other sector has seen
invest DECLINE since March2014.
Against Bank Deposits of Rs.82,138b Credit to All Industries is barely
Rs.25,069b or roughly 30% which is pathetic as per latest reports.
Auto Exports are down.
GoI has not protected even population growth in announcing MSP of Rabi
Crops after Low Rainfall Monsoon.
Prices in (Rs. per quintal)
Commodity MSP for 2013-14 MSP for 2014-15 Increase in Rs. & %
Wheat 1400 1450 50 / 3.5%
Barley 1100 1150 50 / 4.55%
Gram 3100 3175 75 / 2.4%
Masur (Lentil) 2950 3075 125 / 4.2%
Rapeseed/Mustard 3050 3100 50 / 1.6%
Safflower 3000 3050 50 / 1.6%
There is Total Paralysis In Practically All Sectors, No New Projects
are Taken Up.
Ravinder Singh, Inventor & Consultant,
Three Trillion Dollar Innovative Projects Initiative
Y-77, Hauz Khas, New Delhi-110016, India. Ph; 091- 9718280435, 9650421857
Ravinder Singh* is a WIPO awarded inventor specializing in Power,
Water, Energy Saving, Agriculture, Manufacturing, Technologies and Projects.