Saturday, 18 February 2017

Twitter trolling: An experience to make or break you


This blog is not about statistics. This is the voice of my heart after having moments of joys as well as painful experiences of trolling. To start on a positive note this platform has been a life changing as I gathered beautiful friends and gained huge knowledge reading different views of people on various events.

I was a bindaas person going along with routine of life. Was happy posting pics on Facebook and getting likes. Life was work,family and party. when suddenly one day I just for fun  opened a twitter account. Not even knowing how to tweet, what is #, what is followers and following. 

However was lucky to have a group of friends who guided me whom to follow,how to tweets and troll. I had this hatred towards a particular political party. That was it. All my tweets were directed to troll,insult and abuse them. 

As I slowly moved on unconsciously I started to enjoy this. As my group extended I was advised to follow a a big handle. Yes you guessed it right, Dr Gaurav Pradhan. Reading his tweets I used to feel inspired but never expected a revert from his side.

Although many of his group friends were my friends too but they had suggested me not to expect any revert from him as he has huge followers. Amongst all this I was trolled also some times on small issues and it was this group of friends who came to rescue me. 

But wait what was happening.? Why irritation,hatred,anger became a part of me? Why was I who stopped watching news channels for negativity and was so positive in life, losing it out. Humbleness started to leave me. I started to become a person like "either you agree with me or you are an idiot".Why was I getting so intolerant?It started affecting my family and work.

Then as destiny has all plans, I decided to tweet only positive stuff and decided to spread financial knowledge which is my expertise. No one would read them. I was thrown out of groups where RT vs RT was the rule. So if you do not RT their tweets even if it has abusive and foul language they will not support you.

On the verge of giving up to my surprise I got an RT on my tweets on Brexit and its impact by GPS.That was like a different experience. He admired my knowledge and encouraged me to write more on finance and assured he shall be there to support me.

There was more magic waiting to happen.Finest Economist and a pure soul Mr S Gurumurthy RT my tweets and praised. For me it was like I got a lifetime achievement award. I am sure his blessings are working for me

 And then there was no looking back. In this path I made great friends and they know (Mahinder,Sudhir,Ravijyot) I am writing about them


But wait, why did the close friends of Gaurav Pradhan Sir felt threatened with me? Slowly they start to block me, calling me an ISI mole, AJ mole who is trying to honey trap him. I went into an emotional trauma of self blame and  a feeling of guilt that because of me a group of friends separated for no mistake of mine. 


But then my heart realised was that friendship so fragile that it felt threatened with a newcomer like me. Why was this all happening? While their abuse on me might be justified as their possessiveness for a friend instead all became personal. 

Came down to an extent when sick and sexual remarks started. Few words like CHAMIYA, CONDOM,SEX started to feature. And worst now any one who supported me became the target. 

Worst of all he became a bigger target than me. It hurts me the way he was target as a threat to nation security by the same set of friends who used to worship him before I joined. Are friendships on this virtual platform as fake as fake handles?

Slowly even my subconscious mind started to involve and I became a part to answer back. Swaying between checking handles and then looking to hit back at them ,to quitting Twitter became common with me. With a feel of unease as hatred made in a way into my life. As one says negative emotions are easy to enter our system



Every morning when I shall wake up I shall ask myself "Am I happy ?" No said my heart. What was wrong? I am doing great at work. Blessed with a beautiful family. Have great friends and enjoy good health. So yesterday I sat in front of almighty for help. Power of meditation where you do not speak but let the lord speak to you. 

Trust me I got all answers. Yes it was only me and me responsible for my loss of peace. Why do I need to get affected by negativity. From today I am a different person. I shall continue my support to Mr Narendra Modi and raise my voice against injustice. But not engaging with others who shall learn at some point of time that this hatred and trolling first passes through them before it hurts others.

I also realised that my followers were so positive that instead of abusing people who trolled me they stood by me and supported me. My blessings to all of them and thanks from my heart to stop me to go down a level which I would have regretted later

I have nothing against anyone now. I shall continue with my path. All I can say is that sometimes this virtual world makes us forget our own identity. No.of followers or RT becomes an important part of us. We do not even realise how we slowly start to drift away from our family and real friends. Our behaviour and self worth gets dependent on what notifications we get. Life becomes virtual and virtual world becomes life.

As most of us are born with healthy body but our abusive lifestyle let disease enter , so is our soul. Soul is born with basic qualities of love,peace and positivity but layers of hatred and jealousy destroys it. 

Working in Kitchen we normally keep spices and grocery most needed in front row. Rest occupy the back row. But slowly the back row keeps on slipping and after some time we buy the same stuff not remembering it was already there. The back row is basic quality of soul. But we go outside to temples to search for peace and happiness forgetting as the front row of hatred,jealousy and irritation has overlaped these qualities.

We all get frustrated when we see our MP & MLA behave like goons in parliament. News channels where all guests are shouting at each other not respecting view points of others. Is twitter going that way? Are  we not getting intolerant towards others not sharing same point of view. We can always agree to disagree

If we all have one aim to make India a world power under Mr Narendra Modi leadership can we just be more positive in our approach and support each other. Trust me if he losses 2019 India will be in hands of goons waiting to loot money they lost in demonetisation. Will all of us not shed tears then? Are we waiting for that day to get united?

I can go on and on. But for me I have promised myself I shall not lose my identity behind this virtual world. My wishes to them who feel I am threat to this nation and have extra marital affair with almost anyone and everyone in this world. Wow I must be something special man.

Am pasting this beautiful link on twitter trolling video by Shefali 
Hope she has no objection else I shall delete the same. 

https://www.youtube.com/watch?v=h2OtVZvt9Bc&feature=share






I know i will be trolled for writing this also. But I hardly care.

All the characters in this blog are fictitious and resemblance to anyone dead or alive is pure coincidence 😊




















Saturday, 11 February 2017

Mr Vajpayee: A diamond lost in shine India campaign

In the early 2000s, India had witnessed steady economic growth under Vajpayee, and BJP in general had become synonymous with progress due to reforms, infrastructure including Golden Quadrilateral 

Development oriented Vajpayee took over PM Office in 1998, one of his first major announcements was the 6000km highway project called “Golden Quadrilateral” which intended to connect most of the major industrial, agricultural & cultural centres of India, including the 4 metro cities.
Over the next 5 years, Vajpayee’s govt added almost 25,000km of national highways which was the highest ever in a 5 year timeframe since independence which kickstarted economic prosperity.
The rate of economic growth in 2003, a few months before the UPA came to power, was at 7.9%. The rate of inflation was at 3.8%. In fact, the rate of inflation during the entire NDA term averaged at 4.8%,
The 2004 Lok Sabha results did surprise many people , journalists and even the Congress party considering the fact that almost all major exit polls  predicted a resounding victory for NDA 

When BJP passed the state assembly elections of 2003 with flying colours, Vajpayee thought it was the right time to call for early elections and recommended premature dissolution of Lok Sabha in early 2004 to utilize the mood which he thought was in his favor.

 General Elections were conducted in mid 2004 during which BJP left no stone unturned to glorify itself through the “India Shining” campaign, , but almost all the newspapers, analysts & opinion polls predicted a resounding victory for BJP.

However few facts which BJP should keep in mind going into 2019 elections

The number of people who voted for Congress & BJP had almost remained the same in 1999 & 2004.
10.3 crore people had voted for Congress in 1999 and even in 2004, around 10.3 crore people voted for Congress.
8.6 (crore people had voted for BJP in 1999 and even in 2004, around 8.6 crore people had voted for BJP.
But look at the number of seats won.


In 1999, through 10.3 crore votes, Congress had won 114 seats but in 2004, using almost the same number of voters, it won 145 seats!!


In the case of BJP, in 1999, it had won 182 seats through 8.6 crore votes but in 2004, inspite of having the same number of votes, could manage only 138 seats.


To summarize, with approximately the same sizes of their respective voter base , Congress managed to increase its seats by 31 while BJP’s seats decreased by 44, ultimately leading to it’s defeat.


However there are few other reasons where Mr Vajpayee failed to connect to voters inspite of best development projects and high GDP


1. Failure to use surplus food stocks
Perhaps the single biggest failure of the NDA government was its indifference to the millions of tonnes of foodgrain always lying (rotting?) in Food Corporation of India godowns even as thousands of farmers, reeling under drought in several parts of the country, were crying for food. The tragedy was that Indian exporters were merrily allowed to export wheat, sugar, and other food items in this scenario.

2. Wrong timing of the election
While Atal Bihari Vajpayee was initially reported to be keen to let the NDA complete its full term till October 2004, the Islamabad Declaration of January 6 with its fallout that serious discussions on Jammu and Kashmir would begin in June and be carried forward in August appear to have compelled him to agree to the party (L K Advani?) line of having the election earlier

As a result, the NDA government lost the golden opportunity to present its regular 2004 budget, which, finance minister Jaswant Singh later told us, was to usher in a second Green Revolution. That budget, with a strong bias towards agriculture -- largely neglected since 1999 -- would have been an excellent platform for the NDA to win over the farming community.

3. Skewed election campaigning
Almost all the campaigning was on the NDA government's overall development results, such as the government's Golden Quadrilateral scheme, political stability, peace in J&K, peace with Pakistan, high international status, credit cards for farmers, etc on the one side, and running down or making warnings about the Congress on the other. 
Towards the end of this campaign, the BJP even openly begged Muslims for votes, thereby upsetting lakhs of its conventional supporters.

4. Failure to look 'different' to the public

His wielding of swords, shooting of an arrow at the Ramlila festival, wearing of various headgears -- Muslim, Assamese, Kolhapuri, etc, etc -- was a cheap gimmick carried forward from Nehru's times. His iftaar parties and attendance of such parties thrown by others was also a carry-forward of old hypocrisies.

So to summarise I shall say it was not connecting to rural India, Soft stance and peace making attitude towards Pakistan, Wooing minority voters which was not  appreciated by majority of Hindu, Poor food grain management , His following of Nehru policies and calling elections six months in advance were main reasons for loss of BJP inspite of the fact the economy did brilliant at that time

Also the money was rightly concentrated on much needed infrastructure products but the results started showing only one UPA took over. So the hard work done by Mr Vajpayee was credit taken by Mrs Sonia Gandhi

Although many other rumours doing the round about his personal life and non vegetarian food not taken well by Hindus. Also there were rumours that Mr LK Advani might take over leadership which did not go well with masses

To quote few where he showed being vulnerable to Pakistan and minority

“Get out of the fear that is dividing the nation and vote for a government that will not allow any community to live in fear,” Mr Vajpayee said, addressing the Minorities Conference organised by the BJP’s Minority Cell.


There is nothing that cannot be solved through dialogue,” he said, and referred to the conduct of elections in Jammu and Kashmir and the improvement in ties with Pakistan.

New Delhi, February 25
Prime Minister Atal Bihari Vajpayee today stressed the need to create a congenial atmosphere for resumption of sporting links with Pakistan and said Indian players were willing to play wherever they were asked to.

Now lets see how UPA 1 benefitted from great economy it got in hands and how it wasted a decade of our country.


2004 to 2014—India’s lost decade

Not only did UPA 2 not deliver on the potential, but it also let the economy slip—the UPA inherited an economy that was growing at 7% in 2004-05, and it will bequeath to the next government, a growth rate that is likely to drop below 5%.
But it is worth remembering here that the economy is not like a James Bond movie, where the storyline of one movie has very little connection with the storyline of the next. An economy is continuous in that sense.The period between 2004 and 2014 is truly India’s lost decade.
The fiscal deficit for the year 2003-2004 came in at 4.5% of the GDP. The fiscal deficit for the year 2012-2013 was at 4.9% of the GDP. 
The massive economic growth during 2009 and 2010, when India grew by 8.5% and 10.5% respectively ,was primarily on account of the government expanding its expenditure rapidly. As Sir Gurumurthy always stressed that the growth was asset inflated
As Ruchir Sharma put it in a December 2013  in the Financial Times
"With consumer prices rising at an average annual pace of 10 per cent during the past five years, India has never had inflation so high for so long nor at such an unlikely time... Historically, its inflation was lower than the emerging-market average, but it is now double the average. For decades India's ranking among emerging markets by inflation rate had hovered in the mid-60s, but lately it has plunged to 142nd out of 153."
Effectively, in eight out of its 10 years in power,  the UPA created 15 million jobs. Since the Prime Minister’s Office loves to compare its growth figures with those of the preceding regime headed by the BJP it would be worth pointing out that between 1999-2000 and 2004-05, 58 million jobs were created.
And of course the list of scam is long and will take the entire blog space.
What all this clearly tells us is that the economic growth during the UPA rule fed on the economic growth during the NDA rule. The UPA has left the economy in shambles, and the government that takes over, will have a tough time turning it around.

Now lets see How Mr Modi who was given zero economy with Bank NPA and lost credibility in foreign soil did well in first year of his legacy
  • The economy rebounded.
  • Exports and imports declined.
  • Foreign-exchange reserves grew.
  • Coal production, electricity generation and petroleum consumption rose.
  • Non-performing assets (NPAs) in banking soared.
  • India ease of business ranking rose
  • Almost 80% villages electrified and toilets made under Swatch Bharat............

List is too long
In seven of 12 indicators evaluated by IndiaSpend, the data reveal a similar trend—a reasonable economic performance after an economic downturn, as the chart below reveals:

So how is Prime Minister Modi different from Mr Atal Bihari Vajpayee

  1. Vajpayee Ji spoke to your heart whereas Modi speaks to your brain. Vajpayee could make you weep with his speeches, Modi would not. Modi’s would make you think.
His speech on MAKE IN INDIA Inspired many

  1. The biggest and crucial difference is that Vajpayee functioned through the BJP and the organisation, while Modi functions outside the BJP creating his own parallel structure of individuals 
Mr Modi functions on his mental strength not as a BJP PM but PM OF NATION

  1. Vajpayee’s PMO was like a happy family whereas people worked together in complete trust of the Prime Minister. Modi’s PMO is like Corporate Headquarters where the emphasis is on delivery, performance and deadlines.
All babus were initially very upset with him coz their routine of entering office at 11 and leaving at 4 was disturbed.

  1. Vajpayee was magnanimous in his dealings. He could be forgiving, benevolent and accommodative. Modi is a hard task master, he knows how to make use of the system and use it to his advantage.
Reminds you of Surgical Strikes and Demonetisation?

  1. Vajpayee could never connect to Rural and poor India although his intentions long term was india shining. However Mr Modi has connected to common man.
Remember Common Man not complaining against demonetisation queues.

Its still early to compare the two political heavyweights. Though they have less similarities and more differences but still both of them have the common agenda of development of people.
Now after going through various blogs and reading articles I have more and more admirer of our PM. Not only is he working 18 hours non stop 365 days for the nation in all directions ........But also making sure that he does not commit the same mistake which Mr Vajpayee commited.
So his stress on Rural, Housing,Agriculture, Cheap housing loans,Swatch Bharat, Vocational schools for youth........................unending
I Understand this blog is all about politics but spare few lines from my heart. Have never seen or heard a leader who is so aggressive yet diplomatic. A leader who resides in heart of common indian as well as heart of world leaders. A leader who promotes technology yet sleep with pain of farmer in his heart. A leader who has ambition to take India to heights yet risk his political carrier and life with demonetisation and surgical strikes  A leader who listens to all abuses yet only answers at the right time....................

Is this power of meditation? Is this power of his selfless love towards nation? Or is it power of million blessings he receives.
Shall end with this beautiful poem from Mr Atal Bihari Vajpayee with all respect

भारत जमीन का टुकड़ा नहीं,
जीता जागता राष्ट्रपुरुष है।
हिमालय मस्तक है, कश्मीर किरीट है,
पंजाब और बंगाल दो विशाल कंधे हैं।
पूर्वी और पश्चिमी घाट दो विशाल जंघायें हैं।
कन्याकुमारी इसके चरण हैं, सागर इसके पग पखारता है।
यह चन्दन की भूमि है, अभिनन्दन की भूमि है,
यह तर्पण की भूमि है, यह अर्पण की भूमि है।
इसका कंकर-कंकर शंकर है,
इसका बिन्दु-बिन्दु गंगाजल है।
हम जियेंगे तो इसके लिये
मरेंगे तो इसके लिये।
My honest confession few facts in this blog are by google search as i was not so politically active then. Apologies and thanks to all blogs and news articles who help me in my research.








Wednesday, 8 February 2017

My soul speaks: Let us make India even better


Had heard of cultural exchange programmes by school earlier but never gave it a thought 

As I got the message from school that a boy in early teens is visiting India and shall stay in my house like a family, I had mixed feelings. Feelings " कहाँ फँस गए"  but sometimes excited yet worried 

As the day started to approach nearer getting the room set up to Fresh towels to toilet rolls all acts coming togather. 

On the way to airport wandering how he would be like. Much way ahead and western attitude, arrogant, choosy and throw tantrums around? Will he like vegetarian Indian food ? Will he be fine with health in this pollution and allergies ? And many more.......

First look as he walked out of arrivals something in my heart said " अतिथि देवों भवों" and as we welcomed all children with garlands and tikka the feeling started to grow 

Days started to pass as we and School gave our best efforts so they take home good memories of India. From President House to Taj Mahal to illuminated Rajpath and that ride in rickshaw through lanes of chandni chowk I salute school and teachers to be a big part of this journey 

Never realised when he became a part of me and my family. Talking non stop about him and his country to listening to French music was music to ears. Loved when he enjoyed Bollywood music and appreciating glimpse of Indian wedding 

Today he left and driving him back to airport I experienced wet eyes. Why am I crying?? As he hugged us with tears in his eyes he said " You are my family" and walking away inside airport felt a part of me left me 

His room is empty and sad but filled with memorable moments will stay with me for ever.
I can go on but using this blog to update views of all visitors and may be of use to us in many ways 

Feed back sharing with all readers

  • We love the most in India is people of India. They are very warm and loving. 
But to admit girls in group hated the way many people gave them dirty looks on road
  • The only thing which they didn't like was traffic chaos and pollution 
  • Indian education is as good as French but there the curriculum is reviewed every three to four years. 
Somehow I feel my son is studying same books which I did. Should we not do the same?
  • " We are not silly with money". Was line that touched me the most." Only spend on necessary things and brands last thing on our mind " 
A great message for Rich Indian families loading their kids with money and brands
  • When I apologised for not offering non vegetarian food he said " I realised there is no big deal about non vegan. Vegetarian is good 
Indian liberals protesting beef ban give it a thought 
  • Driving learner license can be issued at age 15 but they need to drive for three years with either parents and then apply for permanent 
  • Permanent test for driving by two people one from government and other private together so that cross check of no corruption 
In India licence reaches home without tests with money 
  • In case of road accident driver has to call police and they reach within one hour with entire forensic team. If someone disabled due to accident by mistake of driver he needs to takes complete financial responsibility for life. If death then strict punishment. 
Reminds you of Salman Khan and recent Audi accident??  We need these rules here 
  • For class XII students three hours of philosophy class mandatory to help them deal in life later. Exactly what I recommended in my blog. 
  • Punishment for wrong behaviour. No sticks or shouting. But simple. Stay back in school for extra three hours of study after school day is over 
Isn't that great. Our teachers either cannot punish in posh schools or break a bone in small areas 
  • After school Government university where they have to enroll all who didn't get admission in private universities for lower grades or economic reasons. 
  • However after first year only merit counted for being promoted further 
Isn't this the best way to fight reservation.? Where all start with equal chance but then their hard work shall count ?
  • Income tax rate 45% with not much of social security. Medical free only in government hospitals with long queues. 
We Indians crying in tax rates?? Tax used to help those without jobs although they feel this is wrong as people stop working. Same story of subsidies in India 
  • Yoga one session and they felt refreshed. On asking they replied yoga available only in gyms. 
Isn't this a big opportunity for our government to export this great indian technique with good teachers and open Yoga institutes all over and earn foreign exchange along with pride 

Training yoga teachers here and tie up with embassy to get them visa to teach there
  • For Higher education either study hard to get scholarship or work part time. Out of the house by age of 22. 
  • We will take care of our old parents. May not be able to live with them but government building apartments for old with nurse at call and other facilities. " We will pay for those apartments and try and spend time with them " 
  • Asked am I rich by your standards. Just check reply " You can eat food what you like and have a house to live in, for me that is rich"   
An Introspection for super rich who feel embarrassed to send their kids in a car less than a BMW 
  • No soda or Coke allowed to be sold in school or nearby. In fact he loved coconut water and fresh juices not even canned. 
We Indians moving towards packed juices full of sugar and frozen food.  

  • Taj Mahal is very beautiful. But the photographer there create a huge menace. The calmness of place is gone. Guide trying his best to speak French but not even near to being classy 

Why not open more institutes in foreign language as this is great skill and help creation of jobs. And photographers be restricted to a particular area 

  • Qutab Minar was like a waste. By banning the entry inside the entire charm is lost. Grills can be put in place to avoid accidents.  Such a beautiful monument wasted with cheap tickets 

Indian heritage must look into this and restore it. Make entry expensive to avoid couples roaming around all day and eve teasers passing time commenting on foreign citizens 

  • When gifted with Bhagwat Geeta he showed the same respect as he does to Holy Bible. Nothing about religious differences

  • Security checks at the time of entering any malls or hotel or Airport was much appreciated by him as even they are facing rapid terror attacks . He admitted this is missing in their country 

They came as french but went back as Indian at heart


Many more interactions. Many more laughs together. Playing video games to badminton. Sack racing or riding a tractors. Ride on an Auto or playing with dogs. All seems like a dream now. 

A life changing experience where a person who doesn't even visits Church often is much more compassionate and loving than religious fundamentalists. 

I still wonder what good deeds did I do to attract such a beautiful soul into my house and in my heart. Or is it my son who is a  blessed soul by God even being an Atheist. Is it really about religion. No it is just simple soul connection may be any religion or caste. World is full of beautiful. people. Just look around 

Felt proud when he said he wants to come to India again and again and again. 

A proud Indian always wanting to make country even better. But today also an emotional soul 🙏



Friday, 3 February 2017

BUDGET 2017-18 IS ARRIVAL OF SPRING




Iss mod pe ghabra ke na tham jaiye aap 
Jo baat nayi hai usse apnaiye aap 
Darte hain nayi raah pe kyun chalne se 
Hum aage-aage chalte hain aazmaiye aap 


These beautiful lines sums up the budget presented by Honorable Finance Minister Arun Jaitley for 2017-18.


The Finance Minister presented the Union Budget for 2017-18 in what is a period of transition for the economy. On the one hand, the economy is recovering from the effects of demonetization. On the other hand, there is the impending roll out of the GST which promises to completely transform the indirect tax regime in the country.

In this context, the choice for the FM was to either stay true to the reform and fiscal consolidation path or to play for populism as was the demand by a section of the media.

It is a great positive that the FM has chosen to stay away from the populist path.


Over the course of time, the government has sharply reduced inefficient subsidies making way for more targeted allocation and focus on the farmer’s income and housing sector reforms.

So basically the budget is about Fiscal prudence, consumption boost and investment push. Dalal street giving a big thumbs up by big rally proves the same 


I Shall give my analysis of few key take away from budget. What is in budget is all over the media so it is better I  skip on bullet points. I shall try my best to present the facts either not given due importance or not discussed much.

 Shall be my effort to use simple language and not legally confusing so that I can put across message to large spectrum of readers

RURAL SECTOR AND FARMERS

The budget pledged a record agricultural credit of 10 trillion rupees in the fiscal year through March 2018, as well as 480 billion rupees for a rural job guarantee program and electrification of villages by May 2018 

Almost half the budget is dedicated to rural areas, which should certainly have consumption growth happening in the rural areas

The ten focus areas that the finance minister spoke about are bang on. As I said in my interview earlier agriculture and rural-sector spending are really important as more than 60% of our population is dependent on the same.

He allocated funds for irrigation ( our farmers are still dependent on monsoons) as well as Dairy farming that shall be big income drivers for rural sector.

The same has huge impact on consumption. With more money in hands of farmers we can easily look at spending on consumer durable, Tractors, Two wheeler and cars. So the much needed stimulus to boost consumption has been taken care of 

Along with this crop insurance increase is a very important step as that shall be a a big relief for years of bad monsoon and we shall not witness farmers suicide which is painful for everyone of us.

While no one talks of 2 lacs insurance offered by PM by just paying Re 1 per day,It has huge benefits for families who are dependent on single person income and are left to mercy of others in event of death.

Increase in cheap loans to farmers and introducing more Mudra banks shall be a big relief in scenario where a poor farmer is cheated by money lenders taking loan of as high as 5% monthly which actually doubles in 19 months.

After reading above don't you feel our farmers deserved this much earlier but were denied by slow poison of subsidies which also remained 10% by the time it reached then as there were no bank accounts.

 Now let's applaud  our PM for Jan Dhan Yogna accounts and giving farmers there due status as they grow food for us.

YOUTH AND JOBS

The budget is expected to bring positive impact on job market as the focus on infrastructure and ease of doing business is aligned with the government’s vision of job creation.

The government promises to provide 1 crore affordable houses by 2019. Along with the same there is huge spending on infrastructure along with PPP model.
The budget unveiled a record 3.96 trillion rupees in spending to build and modernize railways,airports,roads and ports.

Now imagine the jobs created when there is so much spend on infra and housing. Even if you take 10 labours eemployed per house 10 crores get jobs only on housing promised by government. Now this is is a small portion of huge infrastructure budget. Imagine the requirement of engineers, Architects and labour. Not to forget huge benefits to ancillary industries like steel, cement, bricks.....and you can add many.

During all these years I also realised there was a huge mismatch between services available and skills available with people. How many times you felt you need a good plumber or electrician but had to wait for hours?

How many of us feel our kids have a talent in some special skill but we struggle to find right choice and end up with monotonous professions.

Vocational institutes and skill development has been given a big boost. government proposes to extend Pradhan Mantri Kaushal Kendras to more than 600 districts across the country, from 60 districts at present.
Moreover, 100 India International Skill Centres will be established across the country to offer advanced training and also courses in foreign languages. 
Subsidies are only short term solution. Job creation and growth is the need of the hour.
So now opposition leaders who might be looking for jobs in 2019 may be less worried.
Political parties taxation.
Election financing has been a consistent source of corruption in India. Nearly 70 percent of the 113 billion rupees in party funding over an 11-year period came from unknown sources, the Association for Democratic Reforms said in a report 
Now in this backdrop reducing the limit of cash donation to Rs 2000 from 20,000 is a big step. Many people still instead of applauding the step are going critical of this. One has to appreciate that the process started with big bang and this might go to zero in coming years.
Not to forget the bonds FM proposed Aim to clean up campaign financing. The bonds still to be implemented basically shall require the donor to issue bonds to political party through cheque. The party can encash the same only in their bank account within a stipulated time. If any party does not go by rule then income tax exemption shall go away. This ensures transparency at highest level.
Craig Jeffery, Australia said "To my knowledge, it’s completely unprecedented," 
So the anger of opposition parties who have been living lavishly in posh bunglows and buying votes with money and spending millions on campaigns is justified 
Real Estate

The budget proposed an
extension of an affordable housing program to five years and gives the sector infrastructure status. Property sales after two years will also now receive more favorable tax treatment, as opposed to a three-year
The base year for purpose of capital gain tax has also been changed to 2001 with index value 100
Now a person need not hold property for three years to avail LTCG but two years. Also as the inflation was highest from 2000 to 2016 change of base year shall reduce your capital gains easily by 20 % as indexed cost of purchase shall increase. I shall clarify that with simple example when new inflation index is available. But my estimate says huge tax saving. 
Also the same shall boost real estate sector as there shall be more transactions along with lower housing interest rates.
 So overall sunshine back on this dark side of economy for last two years. Opposition shall be able to buy cheap houses in 2019 
Railways.
Along with budget allocation for modernisation of Railways and solar energy stations and many other reforms the biggest take away for me was listing of IRCON AND IRCTC on stock exchange.
When these companies listed on NSE the same shall be under scanner of SEBI and transparency available to shareholders by way of complete annual report, hence the accountability.
This can only and only be done by Mr Suresh Prabhu who is honest and shall not hesitate in giving details to the last Re spent. For me this is courageous and management at its best. Did any previous government dare to do this?
Now INC India and AAP can travel together in Indian railways post 2019 with safety in place 
CREATION OF OIL GIANT
FM is planning with Oil & Gas industry to merge giants like ONGC,BP,HP,GAIL,Indian oil as one entity which if happen shall be $105million company and 7th largest company in the world. Imagine the costs saved and increase in efficiency when drilling company to refinery to marketing is merged as one entity. 
Along with same he announced storage units to be made in Gujrat and Rajasthan .This was the need of the hour with so much uncertainity around crude oil prices.
So look forward to ache din for petrol and diesel.
Mr Arvind Kejriwal and Mr Rahul Gandhi,Reliance is missing above, Any comments?
FISCAL DEFICIT AND NET BORROWINGS AND ITS AFFECTS
The difference between total revenue and total expenditure of the government is termed as fiscal deficit. Fiscal deficit figure is most important and under the lens of rating agencies and FII. Fiscal prudence of 3.3% was highlight of the budget most applauded by foreign investors. 
When the crude oil was at all time low Government was very smart not to pass the entire benefits by way of subsidies and hence created huge buffer. This has now enabled the government to increase in spending as mentioned above and take economy to much higher growth.
As per head HSBC INC " Current Indian Government is most reform oriented and fiscal prudent in the world"
What is there more for common man in this?
As government borrowing was less by 75000 crores there is more room for corporate to raise the money in market and restart stalled projects. With banks getting recapitalized we shall see more and more projects coming up as liquidity increases .
With above figures one is sure of rate cut in forthcoming credit policy by RBI that shall help bonds to rally and investors make money.
The same shall increase profitability of companies.
Take an example with company having loan of  100 crores.with every 1% rate cut they save 1 crore rupee which gives them room for expansion and profitability goes up.
Thinking of stock market investment now? you must
Income Tax
  • If you earn between Rs 2.5 lakh and Rs 5 lakh annually 
  •  From 2017-18, you will have to pay 5 percent tax on your earnings, as compared to 10 percent earlier. This means your liability will either be zero (with rebate) or half of your existing liability.
  •  If you earn up to Rs 3 lakh, there will be zero tax liability
  •  If you earn between Rs 3 lakh and Rs 3.5 lakh, your tax liability will be Rs 2,500.
  •  If you earn up to Rs 4.5 lakh and invest the maximum of Rs 1.5 lakh under Section 80C, you will not have to pay tax.
  • The reduction in slab rate to 5 percent for Rs 2.5-5 lakhs is applicable to all resulting in tax saving of Rs 12,500 (for all slabs from Rs 5 lakh upwards. 
  • This is likely to boost consumption and put higher disposable income in the hands of taxpayers. This is important to boost growth, This extra 12500 in hands of every tax payer shall be used for consumer durables or travelling and hence boost growth
  • However If you earn between Rs 50 lakh and Rs 1 crore annually
  •  From now on, you will have to pay a surcharge of 10 percent over and above the 30 percent tax rate on your earnings. 
  •  The effective tax rate will be 34 percent for next year vs. 30.9 percent earlier for this income category. 
  • Starting next year, you will have to fill a simple one-page Income Tax Return form

MSME with a turnover of less than 50 crores shall now pay tax at the rate of 25% instead of 30% earlier. This figure is of significance as 96% of companies are covered under same. Now feel the extra money in their hand for expansion  
So Mr Rahul Gandhi callin it suit boot ki sarkar should eat his words back as it is extra tax on super rich and reduced burden on middle class.
FEW MORE IMPORTANT TAKE AWAYS
  • Senior citizens who struggle after retirement are given a security of minimum 8% interest rate on their deposits in this falling rate scenario 
  • FIPB abolished shall help in ease of doing business for Foreign investors
  • Assessing officers to move more towards online communication with assessee and period of assessment reduced from 21 months to 18 months which shall  help less harassment in the hands of IT officers which is also one of the reasons for citizens nit filing tax returns
  • There was no mention of Indirect taxes which is a very positive signal that GST is on schedule and very soon ready to be rolled out. 
  • GST along with demonetisation and income tax reforms shall increase huge tax base and revenue for government.

Big disappointment for TMC, AAP. INC india who were calling demonetisation as biggest scam. 
Please stand up with two  minutes silence as a mark of condolence for them

My only disappointment with this budget is that it failed to address the  difficulties faced by startups and change of capital gain period of debt funds from three years to 1 or 2 year.
I sincerely hope FM shall look into my suggestions I wrote in my prevoius blog and consider them again as good ideas need to be carried forward and converted to startup and big business and not die under the load of red tapism and whims and fancy of bank managers
For me it was a budget i have never seen in years. There is hardly any negative unless one takes the lens of NASA to check few flip flops. 
I shall like to repeat what FM said beautifully in his speech mentioning end of corruption and support of demonetisation 
Nayi duniya hai, naya daur hai, nayi umang hai 
Kuchh the pehle ke tareeke, to hain kuchh aaj ke dhang 
Roshni aake andheron se jo takraegi 
Kaale dhan ko bhi badalna pada, aaj apna rang 











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