Friday 5 September 2014

infra dream

any genuine development happening in india fills my heart with joy. the only thing i crave for in the morning when i pick 'the hindu', is atleast some good news on the infrastructure development front. A daily dose of business standard for past 6-7 months have filled in me, a never ending hope for india as an infrastructurally developed nation. many promises are made daily on various sectors, which kind of soothes my desire little bit, but a lack in the application part dissolves that stint.

the political class is beset with many impediments, which are more created by itself. Populism is one such monster. The evil powers of it can even dilute the most noble of forces. A 100 days bjp promise has delivered it well. I should say well here, because it is genuinely difficult to govern a country as diverse as india at such a horrible time. Passage of few bills is the highlight as well as the proper functioning of the parliament. Naysayers and nihilists and also the communists are quick to criticize the government at all fronts. As if they were just waiting for their 100 days to get over to make a dish out the government. Leaving that part, its not the topic of discussion here. I for one has supported this government because it has promised me a wholesome development infrastructurally. The honourable prime minister is on way to various nations of the world not just to say hi, but to garner requisite, urgent funds. Successful Japanese trip proves the saying. He has successfully solicited japan to invest $35 billions in next 5 years. Australian p.m. is here Chinese president is to arrive soon, and the most awaited and anticipated Mr. Modi’s U.S.’ tour is on the line this month end.
Given the plummeting of the growth rates and high unemployment, the political rhetorics have been full of promises of making india as a manufacturing hub of labour intensive industries. With Chinese factor costs increasing the world looks for the alternatives. Catching this train is the only way to hop back on the 7-8% growth rates in the near future. the demographic dividend that india boasts will be left futile and become stale if not properly put into its place, by skilling etc. prime minister has rightly dedicated entrepreneurship ministry for the enhancement and instillment of entrepreneurship skills in the ever growing young working class.
The planning of the start of electronic hardware industry in india is one the most important wake-up call decisions. The high current account deficit owes much to electronic hardware imports from various nations especially east asian nations. The demand of smartphones, televisions and other commodities are on the rise but one finds no special hardware development houses in india, its shamefull. India is a software giant. It has high quality stuff, brainpower, where it lacks is the low quality implementation of such high quality designing. For this appropriate skilling is required. the national skill development council is activated now as never before and the HRD minister is on her haunches to prove the worth of her degree.
The smart city development programme which designated dedicated starting fund worth 72000 crores for 100 cities is like a mockery to me. Does the prime minister really want to develop those or just make parks for the namesake where people try to become smart. I mean if you ciiunt the fund for each city it comes out to be a meager 72 crores for each city. Nothing gets build in such amount in today’s time. Today you need the apetite as well as vault full of money as heavy as china.
One good initiative was of indigenization of Indian defense industry. Much to say but not here, probably some other article might expound indigenization.
The sagarmala initiative is also a moon among the stars. Although Indian navy is already a supreme force plans are to extend this stature to a blue water navy status. Already Indian navy is highly sophisticated and mostly indigenized, it still requires a lot of research and development in heavy machinery and ships to be at par with the likes of the U.S. and Russia.

The list is never ending but unfortunately my time is. Have to prepare a lot of things in very less time so have to leave in between. Hope that I will complete this soon when I return. Till then bbye.

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