Today i am telling you about the results of a company. This is the strongest company in terms of making policies..This company has been working for 8 year... The founders, actually not founders the managing directors of this company are scholars from the great oxford university..Same as the company's work ,company's name is also large to spell, generally known as "M&M"...
No, i am not talking about "Mahindra and Mahindra", i am talking about the company which controls several companies like M&M, which plans for 121 crore citizens, the company which decides that how much your state get for infrastructure,health,education etc.
Yes, now you get it, the company name is "Montek AND Manmohan" .The two sharien-punjab scholars from oxford,one of them is father of globalization in india. In the first term they set many milestones in the field of economy of india..
But in second term their company thrashed by government's scam like 2G scam,Aadrsh housing scam,commonwealth scam,so the balance sheet of this company present negative results to the nation..The company which promises the nation to raise its GDP in double figures, now struggling around 7 only..Now they are saying that this is global economic slowdown and India is also caught in this whirlwind..
But here i am presenting some facts about which have no relation to global economic slowdown,it only represents failure of this duo...
proportion of children which are undernourished, proportion of children which are underweight in age group of 0-5 years and child mortality rate..According to UNICEF one out of every three child is from India..There is saying that child is future of a nation, with this disappointing data we change our future, it is upto us weather we want to full development or malnourished development..Father of the nation Ghandhi ji said to our politician if you really want to change India than travel in third class compartment of train in india to see real face of our nation..But what does yo expect form our politician where about 413 MPs out of 543 are millionaire..Just think will the MPs like Anil Ambani, VIjay Mallya change the health figure of india,who has no time to attend parliament session..
Here i am presenting you another report which tell us about how much we are developed? According to Human developing report india ranked 134 against 119 in 2010 so we are moving down instead of makin progress..India's HDI value went from 0.542 to 0.547.The basis of this report are life expectancy which is 65.4 years, per capita income is about 3458 $,and men years of schooling 4.4 years which is expected to atleast 10.3 years...
These data are enough to show india's condition in developing roadmap and instead of taking strong action ,towards these problems our plannning commission's deputee chairman Montek Singh mocked at pecuniary condition of India by saying that man who spend 26 Rs. and 32 Rs, per day in Urban and Rural area is respectively not a destitute.
I regret to listen these kind of statements from a person who is scholar from Oxford University but unfortunately these HDI ranking and GHI ranking do not matter in our election, it is only Quota's and Religion on which we think during the election time.
Now lets talk above M&M Co's financial and economic results when world was doing well in business, Our country is also going with pace, but when EU and USA crisis held in world, our Country too caught in this thunder. Here it is need to be noted that Indian economy is not only affected by global economic slow down but also our own regional or National scam also impact on economy of India. Until 2G scam is revealed Reliance Communication's share was at it's peak, but when two of it's MD's found culprit in this scam, share price is now around Rs. 90/-. Several other like Mukesh Ambani's RIL, before CAG report it was around Rs1500 but after the report now it is at Rs. 750. This condition raise the question about our transparency in corporate world. After crores of mining scam in Karnataka our core industries have growth about 2.3% in September 11 which constitutes 38% in IIP which itself is at -5.1%.
After falling of USA and EU economy the world is questioning about capitalist economy and agitation like "Capture Wall-street" witnessed it but why India is taking part in this blind capitalist race? Stop Racing in this blind Marathon of economy and think about that where we are going? The real test of M&M Co. is now. Let's see how do they perform from here.
No, i am not talking about "Mahindra and Mahindra", i am talking about the company which controls several companies like M&M, which plans for 121 crore citizens, the company which decides that how much your state get for infrastructure,health,education etc.
Yes, now you get it, the company name is "Montek AND Manmohan" .The two sharien-punjab scholars from oxford,one of them is father of globalization in india. In the first term they set many milestones in the field of economy of india..
But in second term their company thrashed by government's scam like 2G scam,Aadrsh housing scam,commonwealth scam,so the balance sheet of this company present negative results to the nation..The company which promises the nation to raise its GDP in double figures, now struggling around 7 only..Now they are saying that this is global economic slowdown and India is also caught in this whirlwind..
But here i am presenting some facts about which have no relation to global economic slowdown,it only represents failure of this duo...
To develop a country firstly its government need to provide all the basic needs to people, but in 65 years of independent journey our policy makers failed in this part...India ranked 67 in Global Hunger Index(GHI) according to International Food policy and research institute (IFPRI) which included 81 countries in its list..Here it is necessary to show these ranks because M&M company feel very proud to be third largest economy in terms of GDP but they never open their mouth to tell these disheartening figures of our nation...China, vietnam ranked 4th , 25th respectively..Even Pakistan and Bangladesh did better than India and ranked 36 and 59..There are three parameters of GHI by which a country consider to be a develop nation,(in respect to the food and basic needs)these are:
Here i am presenting you another report which tell us about how much we are developed? According to Human developing report india ranked 134 against 119 in 2010 so we are moving down instead of makin progress..India's HDI value went from 0.542 to 0.547.The basis of this report are life expectancy which is 65.4 years, per capita income is about 3458 $,and men years of schooling 4.4 years which is expected to atleast 10.3 years...
These data are enough to show india's condition in developing roadmap and instead of taking strong action ,towards these problems our plannning commission's deputee chairman Montek Singh mocked at pecuniary condition of India by saying that man who spend 26 Rs. and 32 Rs, per day in Urban and Rural area is respectively not a destitute.
I regret to listen these kind of statements from a person who is scholar from Oxford University but unfortunately these HDI ranking and GHI ranking do not matter in our election, it is only Quota's and Religion on which we think during the election time.
Now lets talk above M&M Co's financial and economic results when world was doing well in business, Our country is also going with pace, but when EU and USA crisis held in world, our Country too caught in this thunder. Here it is need to be noted that Indian economy is not only affected by global economic slow down but also our own regional or National scam also impact on economy of India. Until 2G scam is revealed Reliance Communication's share was at it's peak, but when two of it's MD's found culprit in this scam, share price is now around Rs. 90/-. Several other like Mukesh Ambani's RIL, before CAG report it was around Rs1500 but after the report now it is at Rs. 750. This condition raise the question about our transparency in corporate world. After crores of mining scam in Karnataka our core industries have growth about 2.3% in September 11 which constitutes 38% in IIP which itself is at -5.1%.
Our M&M Co's pleased to say that our country's er capita income is RS. 54835/- but this company never talk about rising GINI coefficient which moved from .32 to 0.38 . Data released by Organization of Economic Corporation showed that top 10% of wage earners now make 12 times than bottom 10%.
India is worst performer among world rising economy like China , South Africa and Brazil.
M&M Co.'s should take your feet to ground level and take robust action to find solution, GDP of our country
is 7.7% too far from 9% which is targeted in 12th 5 year plan.
India's fiscal deficit is 2.92 lacs crore against 1.33 lacs crore against 2010-11 till September.our fisical deficit is already reached to 68% of its target in this financial year... I don't know where are we going neither we are doing well in Health, Agriculture nor in terms of economy.
After falling of USA and EU economy the world is questioning about capitalist economy and agitation like "Capture Wall-street" witnessed it but why India is taking part in this blind capitalist race? Stop Racing in this blind Marathon of economy and think about that where we are going? The real test of M&M Co. is now. Let's see how do they perform from here.
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