Tag Archives: subsidy



4000 Drops of water makes a litre of water—So save every drop.

Thomas hardy’s admonition—“Take care of the small things and the big things will take care of themselves.”

A 2017 report of the Travel and Tourism Council says that tourism contributed 9% to India’s GDP and 8% to its total employment.

Industry data suggests that 65% of foreign travelers to India only visit six ASI monuments. We have around 3,000 such monuments that equally deserve tourist footfalls in droves.

According to 2017 data, the number of foreign tourists in India, remain low, at 10.5 million, but domestic numbers, are huge at 1652 million, and growing steadily. However, policies are formulated, keeping in mind, only inbound tourists.

Repo rate is the rate at which RBI lends to its clients generally against government securities. Reverse repo rate is the rate at which RBI borrows money from the commercial banks.

IMF recently lowered its growth forecast for India in 2019 to 7.0%. But what should bother India’s economic policy makers is that this year every successive revision has been downward.

The fallout of US-China trade friction has allowed Vietnam to attract more direct investment from companies. India should grab this opportunity while it lasts. To do so, government should reverse the policy of the last couple of years where protectionism has been used to help domestic companies.

Economy could be summed up in a few short phrases: If it moves, tax it. If it keeps moving, regulate it. And if it stops moving, subsidise it—Ronald Reagan

No nation has sustained growth rates of 9-10% for two or more decades without succeeding in global markets. China’s share in global merchandise exports rose from 2% in 1991 to 12.4% in 2012. These two decades saw China fully transform from a primarily, agrarian economy to a modern industrial economy.

A strong rupee keeps imports artificially cheap for citizens and exports artificially expensive for foreigners.

The Shinkansen HSR (high speed railways) was launched in Japan in 1964. Shinkansen trains perhaps have the best safety record in HSR. Another country, with a quick HSR roll out is china which has developed, about 22,000 km of HSR since 2007-08.

Japanese exports to India rose from Rs 22,900 crore in 2005 to Rs 57,800 crore in 2015, and as of today about 1,305 Japanese companies have branches in India.

Mumbai-Delhi is one of the busiest air corridors of the world.

In the absence of actual knowledge, God is different for different persons and for the same person, different on different occasions.

When your methods are doubtful, said Mahatma, you cannot get good ends.

Well known sci-fi author Ron Hubbard once said, ‘If you really want to make big money, you should start a religion.’

In July 2017 Facebook announced a 71% increase in global profits. And India is one of its fastest growing markets. A lot of its success is well deserved and users now spend an average of 50 minutes a day on its platforms.

India has 11,000 skill training institutes while china has 500,000. Not surprising, only about 2% in the age group 15-59 in India have some skill training.

You can stop speaking to someone, but you cannot stop being related—BURMESE PROVERB

George Patton Jr once said, “I don’t measure man’s success by how high he climbs, but how high he bounces back when he hits the bottom.”

A commonly quoted aphorism says, ‘New beginnings are often disguised as painful endings.’

From the play … Julius Caesar—‘the fault, dear Brutus, is not in our stars but in ourselves, that we are underlings.’

Society is never interested in religion because religion is individual and society is always afraid of individuals—Osho

India is very important because of its size. So for the world to do well, we need India to do well.

By Kamlesh Tripathi




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CASTE ONE’S LOT -How India marches ahead by going backwards


By kamlesh Tripathi

New Doc 61_1

I love reading columns of Jug Suraiya for the simple reason that he tries to humour-ise issues that tickles the common man of India, and this column is no different. Indians have this habit of getting stuck in their past by either glorifying it or condemning it. But there is a reason to. Most Indians did not have a bright and boastful future to look forward to, so they remained in their past. And that includes the famous story of Indian caste-ism. But India is fast changing now where 60% of Indian population is demographically young, ambitious and upbeat—and at below 35 years of age, where they aspire to be in the global arena where reservations don’t work.

And coming to Jug Suraiya’s point below that the so-called—creamy layer is beginning to benefit disproportionately; I would only like to put forward the great example of the ‘Indian gas subsidy’ which many Indians gave up because they could afford it, without subsidy. And I am more than sure that the creamy-layer of the OBC too has a heart that beats for their non-creamy-layer brethren.

Writes Jug Suraiya,

‘The National Commission for Backward Classes (NCBC) has asked the government’s permission to sub-categorise OBCs-other backward classes-into three separate divisions; the merely backward, the even more backward and the most backward.

The reason is that there is a growing apprehension that the so-called ‘creamy layer’ among the OBCs are benefitting disproportionately from the 27% job quota reserved for backward castes at the expense of the most backward. So if all goes according to the NCBCs plan, the country will see a multiplication of OBCs; the backward, the backwarder and the backwardest.’

Read the entire column:

TOI 27.5.15


How India marches ahead by going backwards

By Jug Suraiya

India is a unique country in many ways. And one of the uniquer ways that it is unique is that in order to get ahead it goes backwards, literally.

The National Commission for Backward Classes (NCBC) has asked the government’s to sub-categorise OBCs—other backward classes- into three separate divisions; the merely backward, the even more backward and the most backward.

The reason is that there is growing apprehension that the so-called ’creamy layer’ among the OBCs are benefitting disproportionately from the 27% job quota reserved for backward castes at the expense of the most backward. So if all goes according to the NCBCs plan, the country will see a multiplication of OBCs; the backward, the backwarder and the backwardest.

Similarly among dalits there are the regular dalits and then there are the mahadalits, who are supposedly more dalitical than the ordinary dalits. Ever since Mandal, the politics of what might be called competitive backwardness has gained momentum with not only more and more people claiming even greater backwardness.

Backwardness has become a prized commodity, like gold or diamonds, and everyone wants a chunk of it. For instance, the Jat community—which is known for its assertive forwardness in getting its own way in all manner of things- is aggressively pressing its demand to be classified under the OBC rubric. Demands  have also been raised that Muslims and Christians too should be given backward quotas within their respective folds, which is all the more intriguing in that many converted to these faiths in order to escape caste system.

With everyone racing in reverse gear to get backward –and then even more backward- status, India will witness a boom in backwardness, which will become one of the fastest growing industries in the country. Indeed, backwardness has made so much progress that in some places so-called upper castes, like Brahmins, are laying claim to be designated as backward.

If this trend continues, we can pride ourselves on having  devised the world’s only society that is truly back-to-front.

By Jug Suraiya