Scam Scarred Congress Government Unable to Move on Highway Construction – 50% Projects Paralysed

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We’d like to present some facts on the Scam Scarred Congress Government which continues to be greedy despite Policy Paralysis in every Ministry. We’ll have a look on one of the most important infrastructure – National Highways performance and how policy paralysis has affected the same.

The already awarded projects failing to make progress (80% of projects awarded during FY2012 await financial closure, 50% past contractual deadline) on the back of stringent conditions put forth by banks which are facing tremendous pressure due to defaults from these Road Contractors who have won projects by Virtue of Corruption in an Oligarchic Setup. They are also faced

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Will Indian Prime Minister’s National Investment Board Take Off ? Reforms on the Way

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With the new Finance Minister Chidambaram taking over in September, a slew of Reforms were announced in a one-week period in mid-September, including approving a hiking of the diesel price and allowing foreign direct investment into the retail sector. However, in the context of the reforms announced, perhaps the most important symbolically from an investment cycle standpoint was a proposal to set up a National Investment Board (NIB) whose chairman will be Prime Minister Manmohan Singh. [Similar to how former PM of India Atal Bihari Vajpayee setup for his Dream Golden Quadrilateral Highway Project]

The reason this NIB proposal is important is that it is designed to address the seizing up of bureaucratic decision making which has been the practical consequence of the series of corruption scandals in recent years, most particularly the scandal over the sale of 2G telecom licenses in 2008. The idea is

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Can the Congress Government Change the High Deficit and Decling Investment Trend ?

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The UPA Government led by Congress got busy defending series of Scams in which its Ministers were a party, neglecting the Indian Economy and pushing it to deeper problems with increase in Social Spending(Vote Bank Politics).

Since the credit crisis, the bad growth mix (high fiscal deficit and declining private investment) has been causing a steady
deceleration in potential growth and has culminated in a stagflation-type environment in India.

The government announced some measures (Oil & gas Price Hike, FDI in Retail, etc) to contain the fiscal deficit and revive investor sentiment. While we have a positive view on the steps taken to

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Congress Party’s First Son-In-Law – Robert Vadra & DLF Real Estate Nexus Exposed

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A day doesn’t pass in India without unearthing Scams of the Congress and its UPA allies [DMK 2G Scam, NCP – Irrigation Scam, etc] Arvind Kejriwal of India Against Corruption and Prashant Bhushan, Sr. Advocate of the Honorable Supreme Court of India have released Chartered Accountant Certified Copies of how Robert Vadra [Son In Law of Sonia Gandhi] has amassed wealth in the last 4 years dealing with DLF – India’s Largest Real Estate Company.

Background:
Robert Vadra by virtue of his Mother’s Scottish origin got be the Son-In-Law of Sonia Gandhi, Leader of the Congress Party which is sort of Owned by the Gandhi Family. According to various insiders, DLF’s Gurgaon was Rajiv Gandhi’s blessing to Kushpal Singh [Founder Promoter of DLF] DLF is a company whose IPO was a Scam. DLF also involved in real estate price rigging in Delhi as decided by the Regulator, CCI.

The Politician Real Estate Developer Nexus in India: For any Real Estate project to take off, the Developer

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Food Inflation can be Controlled without 51% FDI in Multi-Brand Retail

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The new policy by the corrupt Politicians of Congress in the Government allowing FDI in MultiBrand Retail Trade – MBRT has several shortcomings. In our view, claimed benefits with respect to crop storage, preventing wastage, employment, consumer prices are
overstated.

The claimed lower food inflation ensuing from FDI in MBRT needs to be grounded to the underlying causes, which in our view are a) government policies encouraging high food prices1 since 2006 (aggressive procurement and pricing), b)
increasing input and land costs, c) rising labor cost and d) rising financial strength in the intermediation

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Rakesh Jhunjhunwala’s Geometric Software partners with Hawk Ridge Systems

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Geometric’s subsidiary – Geometric Americas, has partnered with Hawk Ridge Systems, the number 1 worldwide SolidWorks reseller of 3D CAD Systems, whereby the latter will resell CAMWorks, the first SolidWorks CAM solution that provides state-of-the art machining capabilities seamlessly integrated with SolidWorks.

Launched in 1997, CAMWorks is the leading solids-based CNC programming solution designed to operate in SolidWorks, and the first to offer parametric, knowledge-based machining capabilities with full tool path associativity to the solid model.

Geometric is a specialist in the domain of

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