Salary & Govt. Concessions for a Member of Parliament (MP)
Monthly Salary : 12,000
Expense for Constitution per month : 10,000
Office expenditure per month : 14,000
Traveling concession (Rs। 8 per km) : 48,000 ( eg।For a visit from kerala to Delhi & return: 6000 km)
Daily DA TA during parliament meets : 500/day
Charge for 1st class (A/C) in train: Free (For any number of times) (All over India )
Charge for Business Class in flights : Free for 40 trips / year (With wife or P.A.)
Rent for MP hostel at Delhi : Free
Electricity costs at home : Free up to 50,000 units
Local phone call charge : Free up to 1 ,70,000 calls.
TOTAL expense for a MP [having no qualification] per year : 32,00,000 [i.e . 2.66 lakh/month]
TOTAL expense for 5 years : 1,60,00,000
For 534 MPs, the expense for 5 years : 8,54,40,00,000 (nearly 855 crores)
AND THE PRIME MINISTER IS ASKING THE HIGHLY QUALIFIED, OUT PERFORMING CEOs TO CUT DOWN THEIR SALARIES…...
This is how all our tax money is been swallowed and price hike on our regular commodities. ...... And this is the present condition of our country:
855 crores could make their life livable !! Think of the great democracy we have........ ..... PLEASE FORWARD THIS लिंक TO ALL REAL CITIZENS OF INDIA .. but, STILL Proud to be INDIAN
I know hitting a delete button is easier....... .bt...... ..try 2 press fwd button 2 make people aware of it!
regards,
Laherchand गोगरी
Friday, October 30, 2009
Tuesday, October 27, 2009
Disinvestment and populism
The question now is - what will the government do with the money it will get from disinvesting part of its stake in NTPC and Satluj Jal Vidyut Nigam??
What a government does with public funds is a good indicator of its governance credentials. A populist one often fritters away wealth, while one that believes in nation-building is most likely to use money for building infrastructure and using it to boost economic growth.
The question now is what will the Union government do with the money it will get from disinvesting a part of its stake in NTPC and Satluj Jal Vidyut Nigam (SJVN). The cabinet on Monday decided to sell 5% of its stake in NTPC and 10% in SJVN.
The proceeds will be deposited in the National Investment Fund (NIF), which was created in 2005. Seventy-five per cent of the income of NIF is to be used to promote education, health and employment, while the remaining 25% is to be used for meeting the capital investment requirements of profitable and “revivable” public sector units. That is where the problem lies.
This is the surest way to fritter away precious money. Given its current priorities, the Union government is likely to use the money to bridge its ballooning fiscal deficit or pump it into schemes such as the National Rural Employment Guarantee Scheme (NREGS). While there are many reasons for India’s huge fiscal deficit, which is estimated at 6.8% of the gross domestic product for 2009-10, financially reckless schemes such as NREGS are a major contributor to the mess in India’s public finances. Keeping that in mind, even if this money is used for plugging the fiscal deficit, it will be implicitly funding NREGS.
Last week, India signed loan agreements to the tune of $4.2 billion with the World Bank. Of this amount, $2.2 billion is meant for infrastructure financing and power development. Why can’t disinvestment money be used to fund these ventures? Why must it be frittered away in NREGS and other forms of consumption? Social sector spending has powerful advocates and if the government feels that such expenditure is essential, then it must find alternative sources of funding. Selling of stakes in public sector units that were created by taxpayers’ hard-earned money should not be a source of funding for political projects.
Should the government use money from disinvestment to fund social sector spending?
PLZ tell me at larryjgogri@gmail.com,larryjgogri@yahoo.com
What a government does with public funds is a good indicator of its governance credentials. A populist one often fritters away wealth, while one that believes in nation-building is most likely to use money for building infrastructure and using it to boost economic growth.
The question now is what will the Union government do with the money it will get from disinvesting a part of its stake in NTPC and Satluj Jal Vidyut Nigam (SJVN). The cabinet on Monday decided to sell 5% of its stake in NTPC and 10% in SJVN.
The proceeds will be deposited in the National Investment Fund (NIF), which was created in 2005. Seventy-five per cent of the income of NIF is to be used to promote education, health and employment, while the remaining 25% is to be used for meeting the capital investment requirements of profitable and “revivable” public sector units. That is where the problem lies.
This is the surest way to fritter away precious money. Given its current priorities, the Union government is likely to use the money to bridge its ballooning fiscal deficit or pump it into schemes such as the National Rural Employment Guarantee Scheme (NREGS). While there are many reasons for India’s huge fiscal deficit, which is estimated at 6.8% of the gross domestic product for 2009-10, financially reckless schemes such as NREGS are a major contributor to the mess in India’s public finances. Keeping that in mind, even if this money is used for plugging the fiscal deficit, it will be implicitly funding NREGS.
Last week, India signed loan agreements to the tune of $4.2 billion with the World Bank. Of this amount, $2.2 billion is meant for infrastructure financing and power development. Why can’t disinvestment money be used to fund these ventures? Why must it be frittered away in NREGS and other forms of consumption? Social sector spending has powerful advocates and if the government feels that such expenditure is essential, then it must find alternative sources of funding. Selling of stakes in public sector units that were created by taxpayers’ hard-earned money should not be a source of funding for political projects.
Should the government use money from disinvestment to fund social sector spending?
PLZ tell me at larryjgogri@gmail.com,larryjgogri@yahoo.com
Sunday, October 11, 2009
India
India is the world's largest, oldest, continuous civilization.
India never invaded any country in her last 10000 years of history.
India is the world's largest democracy.
Varanasi, also known as Benares, was called "the ancient city" when Lord Buddha visited it in 500 B.C.E, and is the oldest, continuously inhabited city in the world today.
India invented the Number System. Zero was invented by Aryabhatta.
The World's first university was established in Takshashila in 700BC. More than 10,500 students from all over the world studied more than 60 subjects. The University of Nalanda built in the 4th century BC was one of the greatest achievements of ancient India in the field of education.
Sanskrit is the mother of all the European languages. Sanskrit is the most suitable language for computer software - a report in Forbes magazine, July 1987.
Ayurveda is the earliest school of medicine known to humans. Charaka, the father of medicine consolidated Ayurveda 2500 years ago. Today Ayurveda is fast regaining its rightful place in our civilization.
Although modern images of India often show poverty and lack of development, India was the richest country on earth until the time of British invasion in the early 17th Century. Christopher Columbus was attracted by India's wealth.
The art of Navigation was bornin the river Sindhu 6000 years ago. The very word Navigation is derived from the Sanskrit word NAVGATIH. The word navy is also derived from Sanskrit 'Nou'.
Bhaskaracharya calculated the time taken by the earth to orbit the sun hundreds of years before the astronomer Smart. Time taken by earth to orbit the sun: (5th century) 365.258756484 days.
The value of pi was first calculated by Budhayana, and he explained the concept of what is known as the Pythagorean Theorem. He discovered this in the 6th century long before the European mathematicians.
Algebra, trigonometry and calculus came from India. Quadratic equations were by Sridharacharya in the 11th century. The largest numbers the Greeks and the Romans used were 106 whereas Hindus used numbers as big as 10**53(10 to the power of 53) with specific names as early as 5000 BCE during the Vedic period. Even today, the largest used number is Tera 10**12(10 to the power of 12)
IEEE has proved what has been a century old suspicion in the world scientific community that the pioneer of wireless communication was Prof. Jagdish Bose and not Marconi.
The earliest reservoir and dam for irrigation was built in Saurashtra.
According to Saka King Rudradaman I of 150 CE a beautiful lake called Sudarshana was constructed on the hills of Raivataka during Chandragupta Maurya's time.
Chess (Shataranja or AshtaPada) was invented in India.
Sushruta is the father of surgery. 2600 years ago he and health scientists of his time conducted complicated surgeries like cesareans, cataract, artificial limbs, fractures, urinary stones and even plastic surgery and brain surgery. Usage of anesthesia was well known in ancient India. Over 125 surgical equipment were used. Deep knowledge of anatomy, physiology, etiology, embryology, digestion, metabolism, genetics and immunity is also found in many texts.
When many cultures were only nomadic forest dwellers over 5000 years ago, Indians established Harappan culture in Sindhu Valley (Indus Valley Civilization).
The four religions born in India, Hinduism, Buddhism, Jainism, and Sikhism, are followed by 25% of the world's population.
The place value system, the decimal system was developed in India in 100 BC.
India is one of the few countries in the World, which gained independence without violence.
India has the second largest pool of Scientists and Engineers in the World.
India is the largest English speaking nation in the world.
India is the only country other than US and Japan, to have built a super computer indigenously.
Famous Quotes on India (by non-Indians)
Albert Einstein said: We owe a lot to the Indians, who taught us how to count, without which no worthwhile scientific discovery could have been made.
Mark Twain said: India is, the cradle of the human race, the birthplace of human speech, the mother of history, the grandmother of legend, and the great grand mother of tradition. Our most valuable and most instructive materials in the history of man are treasured up in India only.
French scholar Romain Rolland said: If there is one place on the face of earth where all the dreams of living men have found a home from the very earliest days when man began the dream of existence, it is India.
Hu Shih, former Ambassador of China to USA said: India conquered and dominated China culturally for 20 centuries without ever having to send a single soldier across her border.
Facts to make every Indian proud
Q. Who is the co-founder of Sun Microsystems?A. Vinod Khosla
Q. Who is the creator of Pentium chip (needs no introduction as 90% of thetoday's computers run on it)?A. Vinod Dahm
Q. Who is the third richest man on the world?A. According to the latest report on Fortune Magazine, it is Aziz Premji,who is the CEO of Wipro Industries. The Sultan of Brunei is at 6thposition now.
Q. Who is the founder and creator of Hotmail (Hotmail is world's No.1 webbased email program)?A. Sabeer Bhatia
Q. Who is the president of AT & T-Bell Labs(AT & T-Bell Labs is the creatorof program languages such as C, C++, Unix to name a few)?A. Arun Netravalli
Q. Who is the GM of Hewlett Packard?A. Rajiv Gupta
Q. Who is the new MTD (Microsoft Testing Director) of Windows 2000,responsible to iron out all initial problems?A. Sanjay Tejwrika
Q. Who are the Chief Executives of CitiBank, Mckensey & Stanchart?A. Victor Menezes, Rajat Gupta, and Rana Talwar.
We Indians are the wealthiest among all ethnic groups in America, evenfaring better than the whites and the natives.
There are 3.22 millions of Indians in USA (1.5% of population). ,
India never invaded any country in her last 10000 years of history.
India is the world's largest democracy.
Varanasi, also known as Benares, was called "the ancient city" when Lord Buddha visited it in 500 B.C.E, and is the oldest, continuously inhabited city in the world today.
India invented the Number System. Zero was invented by Aryabhatta.
The World's first university was established in Takshashila in 700BC. More than 10,500 students from all over the world studied more than 60 subjects. The University of Nalanda built in the 4th century BC was one of the greatest achievements of ancient India in the field of education.
Sanskrit is the mother of all the European languages. Sanskrit is the most suitable language for computer software - a report in Forbes magazine, July 1987.
Ayurveda is the earliest school of medicine known to humans. Charaka, the father of medicine consolidated Ayurveda 2500 years ago. Today Ayurveda is fast regaining its rightful place in our civilization.
Although modern images of India often show poverty and lack of development, India was the richest country on earth until the time of British invasion in the early 17th Century. Christopher Columbus was attracted by India's wealth.
The art of Navigation was bornin the river Sindhu 6000 years ago. The very word Navigation is derived from the Sanskrit word NAVGATIH. The word navy is also derived from Sanskrit 'Nou'.
Bhaskaracharya calculated the time taken by the earth to orbit the sun hundreds of years before the astronomer Smart. Time taken by earth to orbit the sun: (5th century) 365.258756484 days.
The value of pi was first calculated by Budhayana, and he explained the concept of what is known as the Pythagorean Theorem. He discovered this in the 6th century long before the European mathematicians.
Algebra, trigonometry and calculus came from India. Quadratic equations were by Sridharacharya in the 11th century. The largest numbers the Greeks and the Romans used were 106 whereas Hindus used numbers as big as 10**53(10 to the power of 53) with specific names as early as 5000 BCE during the Vedic period. Even today, the largest used number is Tera 10**12(10 to the power of 12)
IEEE has proved what has been a century old suspicion in the world scientific community that the pioneer of wireless communication was Prof. Jagdish Bose and not Marconi.
The earliest reservoir and dam for irrigation was built in Saurashtra.
According to Saka King Rudradaman I of 150 CE a beautiful lake called Sudarshana was constructed on the hills of Raivataka during Chandragupta Maurya's time.
Chess (Shataranja or AshtaPada) was invented in India.
Sushruta is the father of surgery. 2600 years ago he and health scientists of his time conducted complicated surgeries like cesareans, cataract, artificial limbs, fractures, urinary stones and even plastic surgery and brain surgery. Usage of anesthesia was well known in ancient India. Over 125 surgical equipment were used. Deep knowledge of anatomy, physiology, etiology, embryology, digestion, metabolism, genetics and immunity is also found in many texts.
When many cultures were only nomadic forest dwellers over 5000 years ago, Indians established Harappan culture in Sindhu Valley (Indus Valley Civilization).
The four religions born in India, Hinduism, Buddhism, Jainism, and Sikhism, are followed by 25% of the world's population.
The place value system, the decimal system was developed in India in 100 BC.
India is one of the few countries in the World, which gained independence without violence.
India has the second largest pool of Scientists and Engineers in the World.
India is the largest English speaking nation in the world.
India is the only country other than US and Japan, to have built a super computer indigenously.
Famous Quotes on India (by non-Indians)
Albert Einstein said: We owe a lot to the Indians, who taught us how to count, without which no worthwhile scientific discovery could have been made.
Mark Twain said: India is, the cradle of the human race, the birthplace of human speech, the mother of history, the grandmother of legend, and the great grand mother of tradition. Our most valuable and most instructive materials in the history of man are treasured up in India only.
French scholar Romain Rolland said: If there is one place on the face of earth where all the dreams of living men have found a home from the very earliest days when man began the dream of existence, it is India.
Hu Shih, former Ambassador of China to USA said: India conquered and dominated China culturally for 20 centuries without ever having to send a single soldier across her border.
Facts to make every Indian proud
Q. Who is the co-founder of Sun Microsystems?A. Vinod Khosla
Q. Who is the creator of Pentium chip (needs no introduction as 90% of thetoday's computers run on it)?A. Vinod Dahm
Q. Who is the third richest man on the world?A. According to the latest report on Fortune Magazine, it is Aziz Premji,who is the CEO of Wipro Industries. The Sultan of Brunei is at 6thposition now.
Q. Who is the founder and creator of Hotmail (Hotmail is world's No.1 webbased email program)?A. Sabeer Bhatia
Q. Who is the president of AT & T-Bell Labs(AT & T-Bell Labs is the creatorof program languages such as C, C++, Unix to name a few)?A. Arun Netravalli
Q. Who is the GM of Hewlett Packard?A. Rajiv Gupta
Q. Who is the new MTD (Microsoft Testing Director) of Windows 2000,responsible to iron out all initial problems?A. Sanjay Tejwrika
Q. Who are the Chief Executives of CitiBank, Mckensey & Stanchart?A. Victor Menezes, Rajat Gupta, and Rana Talwar.
We Indians are the wealthiest among all ethnic groups in America, evenfaring better than the whites and the natives.
There are 3.22 millions of Indians in USA (1.5% of population). ,
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