Thursday, May 27, 2010

India - A country of Multi Level Taxation

Government says that in four years the collection from Road Toll will reach 10000 crores. Meaning that common man will pay 10000 crore rupees for using those roads which the government promises to build on payment of Income Tax, Service Tax, Gift Tax, Sales Tax etc.

What i fail to understand is that if we are supposed to pay for using roads, airports etc then why government says that Income tax and other taxes collected will be used for growth of India. What growth is happening out of our tax money. I can't see any growth in rural India and whatever growth we see in cities is mainly because of private sector with hardly any support from the government.

The only use which i see of our tax money is in building monuments, waiving off farm loans, spending on reservations and going in pocket of our corrupt officials.

Waiting for your responses.

Friday, May 7, 2010

India Bounced Out

Another world cup, another match, another ground but, same tactics -  BOUNCERS. As we saw in the last T20 world cup, Indian team is again failing to cope with fast bouncers bowled to them. It forces us to think if our team is actually practicing anything. We have seen this problem persisting for so many years. Is there anyone trying to fix it.

People might say that one bad match and i have started scolding our team, but it is not about the match. Its not about losing or getting out. Its a sport and anybody can win or lose. More than losing, its the way our batsmen get out. If a child falls once in a pit, he learns from his mistake and is careful while going near the pit next time. But, our players play nothing shots to bouncing deliveries and continue doing that.


I can see other two teams playing India will also use the same strategy. I really don't know if i can expect any change in our batsmen or should i just quit watching this world cup. But one thing is for sure, if there is no change in our batting approach and preparedness for bouncers, we will again see what happened last time - loss in all three matches of super eight.

Monday, May 3, 2010

Reverse Brain Drain in India

India is transforming from a 3rd world country with few opportunities to a nation moving rapidly towards growth, providing opportunities like never before. With this, we are seeing a reverse brain drain happening now. 

It was painful to lose some of the best talent of our country to developed nation. But, that was actually understandable as there were very few R&D, innovation, wealth creation happening in India. But now with so much investment coming to India, this is the time when we need to move swiftly towards creating an environment where all those students return back to our country.

We already have huge amount of opportunities which are attracting talent from all around the world to India, if the government tries to prepare an environment for supporting innovation, entrepreneurship, Research and technology transformation, the rate of this reverse brain drain will increase significantly providing India with the required last stage thrust needed to move into a developed nations category.

Hope that day comes sooner than late in our life.