Publication and Research, IIPM

In any case, middle class Indians have been contributing their mite in the forms of cess and taxes. They pay Rupee one for every litre of petrol bought by them to build national highways. They pay a 2% surcharge on income tax as an education cess. This retrograde step is more like the old repressive era where all businessmen were considered crooks and ‘inspector raj’ was more the rule than exception. Surely that is not what you actually think, Mr. P. Chidambaram?

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Source:- IIPM Editorial

Publication and Research, IIPM

This deal is costing Bharti Rs.10 billion. Bharti also signed up a deal with Nokia to expand its cellular operations in eight circles; costing Bharti Rs.5.8 billion. These strategic outsourcing alliances have also helped Bharti gain customers outside the standard retail segment. For example, in August this year, the Finance Ministry selected Bharti group, along with IBM, to jointly network all the Income Tax offices across the country, a deal worth billions of rupees for Bharti.

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Source:- IIPM Editorial

Publication and Research, IIPM

Our million odd dog-tired middle class moping through the blaring horns of cars, motorcycles and buses assembled at traffic lights akin to pieces of a jigsaw puzzle while breathing in the invisible fumes of killer carbon monoxide, tip toeing through the spit scarred streets.

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Source:- IIPM Editorial

Publication and Research, IIPM

This annual migration becomes the axis of the savannah grassland eco-system; and during this period, almost every ecological interaction becomes a function of this exodus. While the gnu often have other herbivores like the Burchell’s Zebra for company, their numbers are relatively low.

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Source:- IIPM Editorial, 2006

Stop giving subsidies to the rich (Publication and Research, IIPM)

Compare this with profits of more than Rs 400 billion in the previous year. It is the opportunity cost of subsidies that would be the most damaging for the country. If the Rs.600 billion forsaken by the oil PSUs were available to them, they could have added more than 15 million tonnes in refining capacity. To put things in perspective, the subsidy enjoyed by the rich could have financed almost the entire amount required by Finance Minister P. Chidambaram for the Rural Employment Guarantee Scheme for fiscal 2005-06.

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Source:- IIPM Editorial

Power theft can be curbed (IIPM Publication)

This is the prime reason behind widespread street protests in cities like Delhi. Unable to stop theft and dacoity, private distributors like Reliance and Tata have hiked tariffs for legitimate consumers who pay their bills. This is like Mr. P. Chidambaram hiking tax rates for honest tax payers to compensate for the unscrupulous who evade taxes. Power theft can be curbed – but only if politicians at the local, regional and national level stop thinking that it is a kind of patronage that can be doled out to loyal supporters.

Source:- IIPM Editorial

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copyright: IIPM-2006