Twitter

Follow palashbiswaskl on Twitter

Memories of Another day

Memories of Another day
While my Parents Pulin babu and Basanti devi were living

Thursday, June 7, 2012

Bihar Got Rs.1,02,070 cr More than All States in 2003-04

UPA-II > Bihar Got Rs.1,02,070 cr More than All States in 2003-04

May23, 2012

 

Dr. Manmohan Singh,

Honorable Prime Minister of India

South Block,

New Delhi -110011

 

Farming GDP Rs.32,00,000 Cr

Traders Loot Rs.1,00,00,000 Cr in 5 Years

 

Respected Sir,

When states received Rs.4,79,030 crores as net taxes transferred by Center – Farmers+Consumers are Robbed by Traders of Rs.20,00,000 crores – this is Huge $2Trillion in five years. UPA-II ought to introduce Policies that eliminate Traders Loot – like Cooperatives Movement, FDI in Retail, 20,000 Farmers Markets, Reserve Food Storages and Food Industries for Farmers and Farmer Cooperatives.

 

Ø      GOI must 'Plug Easy Money Making Opportunities' for India to INVEST in R&D, High Tech Industries to become 2nd Factory of the World.

 

There is no doubt UPA-I & II have performed exceedingly well but UPA Report could have been written in Golden Letters considering 'Huge Sums of Money Was Transferred to States in Comparison to NDA Rule.'

 

Bihar got net Rs.1,02,070 crores as Taxes transferred by Center in last three years of UPA-II rule which is more than to all the states transferred by NDA in 2003-04 but there is little to show in Critical Infrastructure Development in Bihar, there is little or no progress in Agriculture, Water, Power, Irrigation, Industry and Transport.

 

Traders Farming Loot Rs.1,00,00,000 Cr in 5 Years

 

But sir when Center Transfers Rs.4,79,030 crores to all states for projects all over India for 120 crore population Farmers are robbed of Rs.20,00,000 crores every year of Farming GDP of Rs.32,00,000 crores every year. This is Huge Economic Loss of Opportunity.

 

Conspiracy to Cut Down Farming GDP By 60%

 

There is Conspiracy against Indian Farming in that value of the Farming Produce is taken as Farm Gate Prices which are suppressed by Traders Cartel and not the Price Consumers Pay – in the blog annexed here rough calculations points to around Rs.32,00,000 crores Farming GDP but is reflected in GOI reports as Rs.12,00,000 crores or roughly 60% less.

 

Farming Value Additions 90%, 80% Labor - Industry 15%, Labor 1-5%

 

Real value additions in farming is 80% to 90% mostly as Farming Labor but Industry value additions are just 15% and labor accounts for 1% to 5%. In Automotive sector Ancillaries, Auto Plants, Dealers and Buyers all get Bank Credits.

 

Yet Another Conspiracy To Deny Credits to Farmers

 

When Automotive Sector get credit on MRP for 5 years and Even Excise, Customs Duty and State Taxes are Loaned that also means Auto Industry get paid for Cars Production Over Next 5 years in advance to 'Earnings of Car Buyers' but in case of farmers against Rs.32,00,000 crores Farming GDP, farmers get barely 4,75,000 crores and this too is mostly short term crop loans and Farmers are to Seek Crop Loans for each crop once or twice a year. This is Scandalous, It means more Corruption, more Exploitation, More Paper Work.

 

UPA Trippled GDP in Seven Years

 

http://www.rbi.org.in/scripts/PublicationsView.aspx?id=13591

NDA 5 Years GDP Growth Rs.10,03,431 cr – UPA One Yr Rs.13,72,856 cr

GDP growth in NDA was Rs.10,03431 cr in five years 1998-99 to 2003-04 from Rs. 17,51,199Cr to Rs, 27,54,620 but in just one year 2010-11 UPA-II GDP growth was Rs.13,72,856 cr. to Rs. 78,75627 crores.

 

BUT IT COULD BE MUCH BETTER – HAD 80CR FARMERS AND 120 CR CONSUMERS BEST PRICE FOR THEIR PRODUCE AND LOWEST PRICE FOR FOOD PRODUCTS RESPECTIVELY.

 

$2 Trillion Traders Loot of Farmers Saved Could Transform Indian Economy and This Is Achievable With Little Effort.

 

Poverty Hunger Malnutrition Can Be Practically Eliminated In 2-3 Years.

 

Thank you,

 

Faithfully

 

Ravinder Singh*

Inventor & Consultant

INNOVATIVE TECHNONLOGIES AND PROJECTS

Y-77, Hauz Khas, New Delhi-110016, India.
Ph; 091-9910693464, 9718280435

e.mail; ravindersinghy77@yahoo.com,

inventechproj@yahoo.com,

 

Ravinder Singh* is a WIPO awarded inventor specializing in Power, Transportation, Water, Energy Saving, Agriculture, Manufacturing, Technologies and Projects.

 

Annexure I

 

NDA 2003-04 vs UPA 2011-12 Net Taxes Transfer 

http://rbidocs.rbi.org.in/rdocs/Publications/DOCs/25ST_SFN300312.xls

http://rbidocs.rbi.org.in/rdocs/Publications/DOCs/53441.doc

Net Taxes Transferred to States

(Figures converted to Crores of Rupees)

I.  Non-Special Category

2003-04

2009-10

2010-11

2011-12

1. Andhra Pradesh

9,269

20,680

29,030

32,700

2. Bihar

8,175

25,130

34,870

42,070

3. Chhattisgarh

3,504

7,920

10,050

11,420

4. Goa

126

290

1,090

1,030

5. Gujarat

4,127

8,180

11,460

13,700

6. Haryana

403

4,890

6,500

8,070

7. Jharkhand

3,432

10,810

10,600

16,310

8. Karnataka

6,255

14,700

16,470

19,150

9. Kerala

2,906

6,500

8,000

10,510

10. Madhya Pradesh

6,896

17,930

26,260

29,210

11. Maharashtra

3,214

19,090

24,350

28,800

12. Odisha

7,044

13,390

18,240

19,730

13. Punjab

385

4,140

6,250

7,960

14. Rajasthan

4,202

13,650

20,140

24,260

15. Tamil Nadu

4,243

14,440

18,650

21,340

16. Uttar Pradesh

11,786

46,510

57,120

67,210

17. West Bengal

2,491

14,480

24,480

34,610

II.  Special Category

 

 

 

 

1. Arunachal Pradesh

1,203

3,590

5,990

5,400

2. Assam

5,523

11,690

19,030

22,700

3. Himachal Pradesh

2,304

5,930

7,090

7,960

4. Jammu and Kashmir

5,790

15,190

18,590

20,760

5. Manipur

1,333

3,340

4,990

5,320

6. Meghalaya

1,356

2,680

3,640

4,590

7. Mizoram

868

2,710

3,360

3,320

8. Nagaland

1,740

3,350

4,870

5,130

9. Sikkim

675

1,640

2,150

2,610

10. Tripura

1,953

4,900

4,560

4,980

11. Uttarakhand

2,148

5,260

7,870

8,170

All States

102,608

3,03,010

4,05,720

4,79,030

NCT

-755.5

1,060

510

-830

 

Annexure II

Agriculture GDP Rs.32,17,000 crores (C) May17, 2012

 

There is nothing wrong in comparison of Agriculture with Automobiles sectors – the issue is comparison made is not HONEST.

 

Firstly even at production stage Automotive Sector, ancillaries, manufacturers, company show rooms, automobiles are all Independently Financed by banks – adding up to over 200% of production cost for five years and credit on Factory is long term. (Even Excise Duty and Sales Tax are financed.)

 

But in case of farmers as reported in Economic Times – farmers get credit in March for about a third of the farm gate price just before harvest and loan is recovered by April end or Early May. Thus nearly Rs.500,000 crores credit to farmers is recorded in books only essentially bogus accounts and Kisan cards.

 

For rest of the year Rs.500,000 crores is utilized Fraudulently by Bank-Trader Mafia to finance Money Lending Operations, Hoarding of Foods and Essential Commodities.

 

Secondly – GOI procures mainly 50 million tones of 250 million tones of grains and private sector manages rest of the trade, 250 million tones* each of fruits and vegetables, eggs, 100million tones out of 120 million tones of milk, all meats, processed foods like ice-cream and biscuits. (*Including fruits and vegetables not picked)  

 

Thirdly – While each Automobile Unit is free to fix retail price for each model, minor variation is due to local taxes but Food Prices are manipulated by traders.

 

Fourthly – Value of the Farming GDP is Under Valued to 'Traders Manipulation.' Calculations are

 

1. All Grains, Pulses & Oilseeds – 250mt x25,000 = Rs.6,25,000 crores.

2. Milk – 120mt x 40,000 = Rs. 480,000 crores.

3. Vegetables 250 million tones x Rs.20,000 = Rs.5,00,000 crores

4. Horticulture - Fruits 250 million tones x Rs.40,000 = Rs.10,00,000 crores.

5. Eggs – 6000 crores x Rs.4.5 = Rs.27,000 crores.

6. Fish and Meats = 12 million tones x 150,000 = Rs.180,000 crores.

7. Sugar = 30 million tones x 35,000 =  Rs.1,05,000 crores

8. Spices, Jute, Salt, Wool, Hides and others = Rs.300,000 crores.

 

Farming GDP At Current Prices = Rs.32,17,000 crores.*

Minimum Farm Credit Desired = Rs.25,00,000 crores

 

Minimum credit required for Agriculture Farming is Rs.25,00,000 crores – as per ET real credit to fatmers is barely Rs.3,00,000 crores.

 

Fifthly – While 800 million rural farming population buys Automobiles – Automobile Companies don't buy Milk, Fruit and Vegetables except for some Canteen Operations.

 

Therefore Credit to Farmers have Trickle Down Effect. Whenever there is increase in credit to farmers there is growth in farming and sales of Automobiles goes up.

 

Ravinder SinghInventor & Consultant

Progressindia008@yahoo.com

 

*Major input is fertilizer, Machinery on minus side and Farm Residue over 500 million tones and tree growth are on positive side neutralize each other.

 

No comments:

Related Posts Plugin for WordPress, Blogger...