India is facing three crises at one time- Economic crisis;
Financial crisis & Medical Crisis.Unemployment at all-time high.
The MSME sector, which constitutes 30% of GDP, 45% of
manufacturing, 50% of exports and perhaps employs 12 crore people is in bad
shape. Agriculture displays what’s wrong with Indian policy making– ·remains a family enterprise and not a business
enterprise. · we overuse urea whilst under-consuming potassium
and nitrates. ·unchecked wastage of agricultural produce which is as
high as 30-40% of the country’s agricultural output. The Netherlands, a very small country, exports USD 80 billion worth of agricultural products each
year. India, an incomparably far bigger country, only exports $25 billion of
agricultural products. The Way out : 1.The cumulative value of
India’s gold imports could be as high as $500 billion ( legal and Illegal) .World
Gold Council - household gold in India is as much as 25,000 tonnes worth $2
trillion. Much of this is undeclared. Announcement ofa Gold amnesty scheme making this gold legal could easily tap hundreds of billions
of dollars. President Roosevelt in 1933, to dig the USA out of the
prevailing depression, nationalised gold and the American people accepted that
decision without demur. In contrast, Morarji Desai’s Gold Control Act, which he
emphasised did not nationalise gold but only restricted its holding, was
responded to with multiple ways of evasion and avoidance. 2.Madam Harsimran kaur – Why did
you resign?You liked the erstwhile draconian and sleepy APMC era? In a blunt way, what is wrong if there is a ( unreasoned) fear of Agriculture getting privatized ?. Is
Education not privatized? Is Health not privatized ; Is Banking not privatized?
Is the lifeline of communication –Internet- not privatized?( In fact, Privatization of country have saved this Nation from going to penury.
Why do not you see Privatization with the eyes of entrepreneurship of
hardworking Indian men & women; rather than a fear of Adani or Ambani ( In
fact these names have done lesser disservice to the society) . Postal Services died;
Courier companies came to rescue.Government
Policing overloaded or oversatisfied enough
to perform; Private Security Services came with massive employment potential.
Endless examples..Therefore,No
vote-bank politicswith AgriculturePls. 3.Please speed up divestment
and strategic alliance of BPCL, SCI, CONCOR, AIR INDIA, NBCC, PFC, HUDCO,
IRCON, IRCTC etc to unlock huge value and get enough money for Stimulus package
or for a financial Thrust to MSMEs ( Pls do not make yourself a laughing stock
of selling one PSU to another PSU ( HPCL to ONGC)and value destruction to both. Economy shrank in Q1 ; would be no better in Q2 and Q3 albeit
a little improvement. Corona and financial liquidity if maintained, Q 4 would
be positive. PM Sahab ! Please have control over some sub-standard Media Channels – They are expert in diverting
poor Citizens mind from something serious to non-serious stuff.
