Saturday, April 1, 2017

Fuel Cess - Utilization Ideas

  • Services sector has not benefitted from fuel cess. Services sector is one of the largest employers in India.
  • PSU have not been able to consistently launch new products every year.
  • Modi Govt is not putting fuel cess to use in various areas of growth of India and also bring about a new wave of development in India. No efforts to support PSU to take them to new levels. 
  • No efforts to ensure water grid across India catering especially to interior districts which need water all the time for agriculture and household and industrial purposes.
  •  No efforts to build desalination plants like other countries to bring drought situation to end for the next 30 years. No efforts to have water grids across Highways to connect all homes. Desalination efforts will help boost irrigation and other models. Central govt can put in 70% cost for setting them up and 30% from state governments. Water crisis is a big crisis looming.
  • Farmers need to be given pension at the rate of Rs.3500 per month under the name of Atal pension yojana even if they have not paid any premium till now if their age is above 50 from the government coffers by working with pfrda by finding out number of eligible farmers. Farmers death can be prevented. The same must be implemented with massive campaign across regional rural banks, post office, public sector and private banks. The aadhaar number and account information must be collected if present to verify the details if no source of income other than farming. The aadhaar number will prevent multiple account opening of atal pension yojana in any of the above locations in which account can be opened. This will be universal basic income scheme if state govts can participate by paying their contribution over this limit. For family members of farmers, wives of farmer with age of 50 they must also be eligible for the UBI scheme. Only children wont be eligible as per atal pension yojana if their age is above limit they can join to pay premium as per their wish. The atal pension yojana paying Rs.1000/month is useless as it gives less than the poverty line. pls make base pension as Rs.3500 with inflation component added similar to DA for govt employees. Nobody can survive in any part of India without 3500 per month. Hope Delhi babus get this and ministers who travel in flights and 1AC. Central govt and state govt employees get DA based on inflation but no common man gets that so Govt must see needs of all sections of people. The Atal pension yojana and other PM social security schemes must be allowed to be operated from Regional rural banks and post offices. People must be allowed to join in this scheme till the age of 50 currently it is only 40. The scheme hasnt reached all common people.
  • AIIMS need to be setup in all state capitals across India for central govt to directly contribute to health care growth in India. Currently govts support private hospitals who charge exorbitant rates for treatment.  Major operations can be done at AIIMS to enable get world class healthcare 
  • Had 2,500 crores/year for next 3 years from fuel cess had been used for electric/hybrid vehicles project it would have benefited many people and benefited India by saving on fuel import cost. I had already sent the details in easily understandable format to Delhi babus and ministers. Including giving electric/hybrid buses to state govts at very low cost. Similar to how LED bulbs forced private players to reduce costs this is similar to that and also reduce fuel import. http://roadmapindia2020.blogspot.in/2017/03/electric-and-hybrid-vehicles.html
  • No efforts to improve quality of doordarshan to move to HD channels for DD sports and new DD News for english or regional versions of doordarshan. Royalty fee hike in other language doordarshan to improve program quality and increased budgets to use best talents. PM gives interviews to all channels but no effort to improve cameras or add new channels in doordarshan. a) No effort to make DD sports and DD News as HD channels b) No effort to add international news channel in DD News in English so that global audience and media and govts can understand efforts of Indian govt but Modi who understands PR so better but didnt do so far c) Many regional channels of doordarshan in bad shape no efforts to increase royalty rates to procure programs in other languages.
  • No effort to put fuel cess to buy Air India (Service sector) planes with less seats and giving to Air India debt free to operate low cost fare trips (free food can be removed to reduce cost) across India. Currently Air India operates no low cost airlines across India. The cost of fares in any route the rate of Air India is higher than private to help private airlines. Not even a single route Air India has won in RCS route then what the hell was done with tax money for injecting liquidity. Need to buy planes of 100 seats or less to operate in new routes to target tourism and avoid connecting flights for destination within India. Many middle class prefer to travel abroad in vacations as cost of travel abroad by flights is cheaper than within India a big flaw in the Indian tourism model
  • Railways need more improvement. Just laying railway tracks wont mean any difference people need trains and modern amenities. a) Need for suburban coaches with A/C in all key suburban routes in India b) Need for more trains in normal rates as special fares have been big failure and most trains in special fares are running empty. Railways runs special fare trains on weekdays instead of around weekends c) Need for more AC chair car trains in shorter routes across India. 
  • Skill Development - Cost of courses by MSME are too high its around 5,000 for a week course is this way to ensure skill development to all. Reduce it to Rs 500 per week. Why should OBC and general category always suffer. 
  • No effort to promote solar powered motors in every house to fill water tank. No efforts to use solar panels to generate power. Solar related jobs will increase if govt takes some effort. The current subsidy model has not reached all. Govt needs to take new models or promote existing schemes in big way. Government promoting gold bond scheme but not solar panels. Govt has no model or vision on solar power for households. The most cash burner in a middle class budget is electricity bills and solar powered motors will go long way in reducing bills. Govt needs to allocate funds to ask people to apply online to get it delivered and installed. Govt can use NTPC and BHEL which are strong in electrical and mechanical manufacturing.
  • BRTS - Bus Rapid transit systems need to be implemented in every state capital to reduce costs of travel for middle class and faster travel compared to cars. BRTS will give a new model of infrastructure and reduce fuel bills of state transport corporations. BRTS will involve land acquisitions by state govt also so 50:50 cost sharing for building BRTS and widening roads will give smooth rides in the city to travel to any destination in 1 hour even if 40 kms apart. BRTS will also have a stamp of Modi govt reforms and middle class friendly. This will also enable bringing smart card for ticketing in buses by being a part of the scheme of funding. Japanese and other funding agencies can participate in BRTS as Metro projects have become stable and expanding wont be a major issue but BRTS needs focus for all state capitals for holistic development of India
  • Smart Cities project has been a non-starter. The funds allocation and design for smart cities hasnt seen much of a growth. No city till now has become a smart city. The cities are growing outward and the smart cities are focussing on key places and not the expanded city as a whole.
  • The internet connectivity and speed of operation of banks are slow as network speed the backbone of operations is slow. Post offices take a long time to operate and in PSB banks the time to handle a small change takes so much time.
  • The internet banking and apps of public sector banks are not up-to market standards and the finance ministry has purposefully kept public sector banks below par to benefit private banks. 
  • The credit history viscous cycle that only if a person has credit history will be given a loan or credit card is a big fraud. For big corporates big loans are given for retail customers a single credit card you go and see in CIBIL and nonsense. If no bank gives credit card how will credit history generate in first place. Govt must ask PSB to give credit cards to all account holders who are having for very long time, if no CIBIL score also they must be given credit cards. Even SBI is still saying 1st credit card we wont give even if salary account or balance is there. This is a purposeful way to give loans to infra projects and big corporates but not for retail customers. The limits can be low at initial levels to give credit cards to middle class. Credit cards are given to rich and for farmers but middle class never gets access with stupid rules. public sectors banks are not been able to successfully launch new products every year to cater to various customers. Public sector banks hardly have any presence outside India.
  • Still BSNL is not giving fibre connections to benefit Airtel and other private players business. Its something the delhi babus executed. Why is BSNL not giving fibre connections inspite of talks of bharathnet for so long? Govt in merging of BSNL with MTNL is talking about VRS but the key issue is infrastructure needs of BSNL to increase capacity of the telephone exchange and fibre connections with high speeds at same cost to boost broadband penetration. Still broadband is a distance dream for many. BSNL sim cards are not available in local shops and online order or application isnt working either. BSNL has been killed by both NDA. More than VRS use the employees to build better network the seniors have better ideas of the menace in BSNL and Govt must talk to them to fix the root cause.