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ECONOMIC GROWTH IS POSSIBLE IF PROBLEMS OF ECONOMY FIRST SOLVED! MAY NOT BE FRIENDS, AS THINGS STAND NOW!

ELSE IT IS A HIMALAYAN TASK, MAY NOT GROWTH BE, BUT UNEXPECTED SUDDEN GOD FORBID REVERSE SPIRALS PLEASE, AS ALL ARE LAZY TIME GULPERS WELL SADDLED, INDIANS NEED TO KNOW, SO CAUTION ORDER WITH RED FLAG PLEASE!

- DR. G. BALAKRISHNAN PH.D. (Macro economics focuses on aggregation of economic units, especially in national economics
Agricultural economics, Comparative economics, Econometrics, Economic development, Foreign Trade, Industrial Organization, Labor Economics, Money and Banking, Public Finance, Stabilization policy, Urban and Regional Economics and Welfare Economics while Micro economics focuses on individual consumers and firms with emphasis on Normative focuses on prescriptive statements; that is, establishes rules to help attain specified goals, while positive focuses on description; that is, describes manner in which economic systems operate without attempting to state how they should operatecalled Classifications of traditional Economic studies and these impact on Decision problems by application of tools and techniques of analysis decision sciences and theory and methodology identify application of economic theory and methodology to solving business problems managerial economics that lead to Optimal solutions to business problems)

Europe is dogged with serious economic(s) problems of Greece, Spain, and to some extent Italy. USA is yet to be completely out of Woods thanks to Sub prime crisis was well oiled may be unwittingly in USA, thinking governments and central banks can rescue, but story went on other way round and snowballing all leverages, derivatives, in Lehman Bros and others in 2008. No country was insulated as most countries really packaged products with leverages and derivatives as was in USA. Problems of business was to fast profiteering! Yes most Governments facilitated for their own best known reasons! India also joined. India toys with great idea of calling itself as an insulated economy, even though India has already moved in globalization game spree in 1992 on, gradually, and, by 2000 very freely. Further India suffers from corruption, like any other country but India over played corruption tickets, from 1992 on, what India did not see till middle of 1980s from 1950.

One consolation is China overtook India, in corruption as per latest Financial Times report, London. Therefore Black money and stashing of moneys in Havens but those Havens do not care India but cares all corrupt Indians money, as that is their living mechanism! Chinese political princes transact at deals and get cash in Money lauder countries, like our Indian politicians, through proxies. Today economic growth is for politicians with help of nexus of bureaucrats and businesses, as documented by Wiki leaks. Then, all kinds of Exports and Imports alone cannot be right determinants of Indian economy. They are again mostly by over or under invoicing methods with tacit facilitations by finance ministry by on and off notifications by CBDT. ED cannot act. But Indians powerful lobbies chose to think so for their own best known reasons. Every country has its own edge and competitive advantage and these are not alike but as they are just unique, like any man to man as every man has a specific skill (like political skills of politicians) but not identical at all. After all economic growth can perhaps be compared to Higgs Boson particle for it runs at light speed, if honestly the politicians work. I doubt; why a lot many too doubt, all over world, as told to me by several international investors when I was in USA in 2011. Perhaps you may feel, Indias Economic growth trajectory is in place but no one cannot see this economic particle that is for the politicians advantage as politicians have legendary third eyes like Lord Shiva to follow the trail of their Eastern Star of Hard earnings by hard work of manipulations, after all Voters are happy that their political representatives earn, so they repeatedly elect them to office! Even learning in man depends upon his unique kinds of grasp and application as is that no man is an Island, indeed not identical at all, so too every environment is in place for politicians. And their cohorts businessmen and share croppers Bureaucrats get their benefits. Have you ever heard various tax commissioners or officers of tax are really raided, yes you will hear only if one is not cooperating politicians! Politicians play Machiavelli on some unfortunate commissioners. Crimes develop if there are a lot of loop holes in your laws. Loop holes are normal, without that how politicians and others survive!

Loopholes are normal in any law making, either by mostly deliberate machinations or otherwise. Yes you cannot visualize and pinpoint every loophole in your laws even if you make a great law but every man can do in his own method depending upon his own necessities. Corporate never pays revenues by direct taxes; but middle class pay direct taxes more than their own capacity; and all including them, in massive numbers of poorer classes of people by way of indirect taxes; while Corporate enjoy so many concessions, at peoples costs, which every finance bill paved and proved positive, if one cares to read in-depth and analyze. In Indirect taxes also beneficial to business houses of all sorts, including gobbling corporate houses and also foreign investors. Why foreign investors bother about you when your own men do not? Man on the street pays through nose all kinds of taxes as revenues to governments which are collected from him with an iron hand by States and Union under all devious names to help politicians pelf to grow. Macro economic fundamentals determine the countrys edges,(most importantly if people oriented), that means what can work in China, Saudi Arabia and the like or in Europe or in UK or USA, or South American countries as also African countries, cannot work in India. And Indian States, as well as in whole of India, it is a universal fact unless it is again fudged by economists statistical numbers as these numbers are Greek and Latin to common man . Clear Economics rule (principle) is if everything is being equal; as any student is introduced to economics will know. But today he does not know after all he forgets once he passes his examination How you dare change the rule, even if you are a great economist of great fame? Yes do. You fooled people, a great feat. It is not language spoken by people alone that matters; but the language of skills the people, gained in consonance with their relevant natural resources, over several years of experience and exposure should. That is vital to be considered. What in Sweden (a Scandinavian country) and Germany are versatile in heavy machinery manufactures cannot be replicated in Italy or else where, even in very Europe!

What is the point of harping on import substitution ideas? It is to cheat poor man. So that becomes unnecessary competition but not competitive economic strategy, at all. Idea is what one has need not be reproduced else where, is comparative advantages; so that you buy what other can easily sell, and you can sell what you can easily sell! Two way comfortable traffic is not like one way traffic; and if you do you jam the road, with fierce fighting, is it not and yet you cannot move faster at all! Kudankulam (TN) cannot replace Jaitapur (Maharashtra) or vice versa in Nuclear energy generation plants to be imported from NSG (nuclear plants suppliers group), though both locations generate nuclear electrical energy. But viability is vital parameter of various factors. End product alone cannot justifiably determine many issues are the home truths of life are the Economic reality. Before establishing nuclear plants local stake-holders views have to be considered and consulted; and their opinions are to be elicited; and that are very important and vital components for smooth functions of democracy rather than some one from Delhi Union government orders or State governments orders which kinds may be disastrous for various reasons of new set of consequences. After all, that every thing in life of a Nation cannot be determined by Science alone, as there very many various factors play in. This is like Ecology and Environment which is opposed tooth and nail by very same men in power! Without local support no activity survives that is the harsh truth and reality in every in any democracy all over. If done carelessly and arbitrarily, failure is certain, after so much of financial investments from public exchequer, to face risks. Therefore, one need to prudently measure the risks in investment in such large scale investments especially. People risings, even if you quell today; tomorrow they will again raise their heads of opposition and dissent. That is how Tiananmen square incident in China, in the recent known history of revolts of peoples of China Such things are called serious risks in democratic life of a Nation.

Can a democratic country afford such luxury? We have BARC in Mumbai (Chembur). If we develop Chembur as a population hub with attendant activities, we cause much more dangerous hazards and harm to people, like from improperly formed babies are likely to be born or babies with a lots of new incurable diseases, that are need to be addressed and considered apart from other attendant factors, that is what we called Anti destruction management studies. That is called sensible urban planning. But what we do every all of us, one and all know. We invited destruction in Bhopal by Unilever chemical plant, thanks to irrational political planning in Bhopal (MP) for industrialization. Can you really kill people like in Nazi Gas Chambers, that is your industrialization principle if you cannot properly sequence not killing but living? What happened finally and what is the status today something like a mini replication of Chernobyl (Russia), you have yet not solved from 1980s. Besides today that US court never accepted it is the responsibility of main Unilever but made it clear that it is that of Indian subsidiary. And it added that you cannot subject Anderson to punishment as chairman of main Unilever of USA. But we fought at wrong ends for years, is it not? Do we call prudential economic legal or sensible planning of the governments in place at State and National levels of authority? It is all some kind of Donquicsotism in economics of management, is it not? Even Indian Courts failed and did not recognize just that simple principle; because Bars failed miserably to correctly project Bhopal disaster, may be perhaps more out of ignorance, Bench always needs to be educated from Bars. But Bars themselves seem to be less versatile in their own appreciation of international laws. When you handle Unilever issues of USA, simple commonsense requires, do you have to, apply US laws?

Instead you chose to apply great still born Indian laws to meet International contracts that are applicable to Indian subsidiary only. Lot of people is affected since 1980s. No relief so far, many have died, due to after ill effects of Isocynate gas explosion and due to unprofessional disaster management, is it not? No solution as yet found. People are affected irretrievably. India government sits cozily. Is it not clear every aspect need to be tackled from different perspectives for which you have courts so also Governments? Arjun Singh as CM of MP escorted Anderson to Delhi airport without arresting him on the advice of Rajiv Gandhi, it appears, is it not? It means then if criminal Courts did not understand, Arjun Singh escorted safely Anderson. It appears ARJUN SINGH and RAJIV GANDHI better appreciated laws then, than so called NGOs and governments fighting without any appreciable result as on. Even Medical advancements have so far not caught up adequately to cure the ills of Bhopal tragedy. So is it not true, such so thickly populated city of Bhopal is not a fit place for such plants? But we adamantly made industrial development for job generation mindlessly at the very risk of life, under economic development, but at what costs please? So too Chembur is not suitable for BARC Nuclear reactors now, if we cannot shift BARC then we have to shift Chembur populace elsewhere that is called rational balance in urban planning. Do we do such rationale balances in thinking process, if so then it is called Economics of location plans management? Clearly No is the Answer, is it not? Yet we do not have dearth of scientists to think the question is whether they really think? In fact most rejoice in leisure without real commitment to the future of people, is it not? Then who will suffer please? Worst affected will be hapless poor people, in large numbers.

Politicians but unfortunately sit in glass houses like well to do film stars, while they are supposed to need not to think and ensure to be careful to ensure public safety. Yes film stars need not think, but what about politicians? Do these politicians think? Politicians if dumb then planners should ensure they too are not dumb but they are equally as dumb and deaf to real problems like politicians. Tax payers moneys are recklessly spent, without sensible think, is it not? Do we call this as economic growth when you do not have robust common sense in political class to think? NMMC Corporator-members are mostly school drop outs, as per report filed. What can you expect of these worthies? So you call them as urban planners, in fact, they are not justly untrained in practical Urban Planning schools, so just turn out to be urban planning fresh graduates, is it not?. Fresh graduates, they are called, just because that they cannot evaluate planning factors around like experienced planners who are only called professionals. Chembur has HPCL / BPCL / RCF and other hazards. Not shifted several decades. May be the governments look for auspicious time perhaps? Then let these worthies better consult Astrologers! Urban planning fails miserably just because planner failed to appreciate dangerous surrounding factors. But caused more populace concentration in Chembur; and surroundings areas unnecessarily exposed to serious hazards and un-mitigable dangers; but could that need be tackled by preventive health studies only that is preventive disaster management. Worst problem is people buy high cost flats in Chembur, what does it mean? May be, they are thinking they are radioactive proof men and women? Is it economic growth development in the minds of people? Are we really capable in preventive health measures in public health?

Any planner need to assess what are the hostile factors that may cripple for any reason right from terrorism which is rampant, for various reasons , but what do we do in our planning is itself terrorism friendly, is it not? What is the point of crying wolf of terrorism when you really facilitated? That is also a determining factor in Economics of Growth of urban planning. Then economic growth sets in the west like a sunset. Definitely not Sun Rise never sets, sirs! Economic Growth is not just slogan mongering mechanism but realisms of factors to be considered, is the view any prudent mind thinks. So USA too about full 100 years had to build its economic growth but yet not fool proof. But we want to achieve the economic growth in just in 25 years or so, can we, really, when you have to address umpteen factors of economy? Dont you call this economic growth as Donquicksotian Economics? Yes MMS looks like Knight DonQuicksote, if he were to wear helmet in place of his turban with spears and shield on his person; and if he sits on emaciated Horse that is India today, is it not sirs? Pardon me if any one has felt hurt. I am sure MMS will have a hearty laughter. Part1 (ends)

By selling, by auction or first come first served basis the SAIL you cannot bring in great economic growth: Or, by unscrupulously and recklessly taxing the people for revenue to do some fanciful pet ideas of some great thinkers who have indeed lost touch with ground realities, is it not? True democracy is a cult of incompetence; if you cannot foresee like illiterates: But unfortunately we have ministers with so called great degrees from world over but indeed behave more ill-literate than real illiterate! Does it mean these ministers are Saboteurs, when they go ahead gung ho with great pet thoughts like Midas? Midas gold touch without realizing that very Midas daughter was just turned into gold was the real forgetfulness. But Midas lost her real life daughter in the human body? In fact they are all seems to be suffering from foolhardy syndrome perhaps! Are we going to make all people like that poor 4 yr girl by her own father raped, may be in the name of Economic Growth story that is the in thing? True governments today like in Karnataka where French father raping his own 4 year daughter, though, well documented by his wife, is yet let off it appears in the conflicting reports filed by media, thanks to corrupt police and government. Similarly a Karnataka Dental surgeon forced his wife for sex when she is in menstrual cycle and he forced her to drink urine he discharged after sex with her, just she could not get 24 lacs as dowry, do you call this educational advancement, in new dispensation of economic growth? Similarly, in West Bengal a 10 year old girl child is made to drink her own urine as a punishment by a lady warden of a Shantiniketan school attached to Vishwabharati university while that great Registrar of the University is all support to the lady warden of school by saying that is not wrong while the great CM is dumbly watching this incident though that person (Minister) is a woman (indeed a heartless type, it seems), while government of India is also a dumb impotent watcher do, do we call this is economic growth? Again some where in WB disabled womens hostel is converted as a forced sexual activity by school warden in nights. What do we call of these developments sirs?

Is there any semblance of economic growth or educational advancement when very governments organizations are converted as sex dens for forced sex on mute and dumb women and girls? Similarly again in UP the government hospitals have sweepers/ ward-boys function as doctors taking up operations of any qualified surgeon to stitch the wounds, so too autopsy is conducted by sweepers of hospitals, do we call economic growth? Is it not a shameful exercise when our PM MMS is working overtime to grant Rs.90,000 crores as a package for UP, as a quid pro quo for the UP government running party is going to vote in favor of Pranab Mukherjee as the next president of India. Do you call this is economic development when already the Nation is reeling under burden of fiscal debt over 5 lacs crores of rupees, thanks to its free bees to BPL running into lacs of crores of rupees? But most of it is alleged being cozily pocketed unashamedly by politicians in all states as also in Union government running politicians as a quid pro quo like you scratch my back and I will your back principle, does it mean great economic growth, a self enrichment mechanism of politicians, mostly they are wealthy and filthily rich farmers type, is it development economy? Do we call these worthies style themselves as BPL persons; while really poor farmers day in and day out in Vidarbha and elsewhere commit suicides as they are not able to face debt burden; do we call economic growth like in stock markets where poor investors lose daily their investments, to rich investors when the rich investors book profits? Again similarly PM MMS is working another package to Bihar government for an unspecified amount, while its CM unabashedly ill-treated a lady who wanted to present her grievances, then she is being by physically pulled out of Janatha durbar by police women, is it economic growth? All kinds of accused Scamsters are in National cabinet of PM, is it great Indian economic growth story? To muster the relevant revenues there may be new innovative taxes are on slate of union government, so MMS is drafting PC to be FM do we call it Economic growth story? Yes PM is now FM too for the time being, but all steam out.

May be he proposes to hand over to PC the FM post to see augment by tax revenues as PC is known as a glib talker of street smart salesman type; like he said the other day that middle class people shall not question an increase of Re.1/- to augment poor farmer (in fact augmenting rich and wealthy farmer!) when they spend Rs.20/- for ice cream cones or Rs. 15/for Bisleri water bottle! Is it Indian economic growth story? Can anyone believe this UPA2 where MMS(most mentally sound and strong) supposed to be (a most integrated man) is made a scapegoat of PM and he is forced to do things which perhaps he may not like but his creaking old age structure may be making him feeble to question, so may be, he perhaps succumbs? Now our PM MMS has been declared as Under Achiever by Time Magazine, but indeed unpalatable may be truth is it, is it not, if not why all kinds of wrongs surface day in day out? I am happy the magazine did not equate him to Mohammed Bin Tuglauk, I would rate Mohammad Bin is indeed better bet than MMS, since said and confirmed by a small child of ten, in a garden recently. Just because all in his cabinet are indeed Lazy and talk like age old all payal kind of talk of pensioners, criticizing some , praising some or pinning some as it used to be in all olden days villages of India but these are having all kinds of palatial buildings with various kinds of visitors.

So perhaps unnerved Bhutan it seems, Bhutan is wooing China instead of India, as India is a country it can neither protect itself nor it can protect buffer states which have constant problems of any time attack (ATA) from China, after all Indian Army is filled with MMS kind peace keeping force kind of army men whose behavior is not an assuring security, one to any one. Indians themselves are docile lot but spend a lot of time in pubs to forget about problems and if possible love to have sexual encounters in a most sadistic manner, as it happened at Assam, Karnataka, normally at Delhi Administered territory more frequently. This was not Indian most respected culture. Is it the specimen of economic growth? Bhutan seems worried if at Delhi all kinds of encounters can happen, security is in great danger even for Bhutan, so it is drifting. Now-a-days, so many Qutrochis are masquerading Delhi corridors for one import booking or another.

Black money trails are there but none will locate to fix as the very authority himself or herself is stashing cash here and there in Switzerland, Channel Islands, how do you expect them to fix; and if these worthies do, they know that they will get fixed after all they are not great Jesus like to wish to be crucified in the name of Truth what Justinian Pilate crucified Jesus in the name of Truth! Poor MMS is dubbed as UNDER ACHIVER and yet he is completing two clear tenures as PM, who else can but for MMS, as he chose to remain Lazy as if he is active, if not, he would not have got second term! Yes he is a great time server one may accuse but I will not as I think he is an innocent like a scapegoat! Anyway great happy Sardarji, floating himself as a great Export Economist whom world admires more particularly the Indian Business community and fast buck making investors from India and from international arena! None could help get a Nobel Prize for whatever he is worth! Any way MMS is not keen on being a PM from 2014 on, as he is a contented man and can leave the chair to any including Karuna, for he is liking to be a PM if luck favors the congress to be back in saddle, as Soniaji is wise enough to nominate him or any of her choice and she is happy as a chair person of NAC, if she has luck to be in saddle! BJP is doing drama with their astounding damrus on Congress corruption not revealing what is it filled with. So also ever so many parties are similarly placed. Truth is who is interested in Indian economic growth? So the UNIVERSAL NEW truth is NEVER AT OLD AGE ACCEPT ANY POLITICAL OFFICE IF YOU DO, YOU ARE AN INTEGRATED PERSON MAY BE, UNLESS YOUR MISSION IS DESTRUCTION OF ECONOMY OF PEOPLE OF INDIA IN INDIA, then please enter office of PM!(ENDS)

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