NaMo’s “Digital India” Dream – Implementation is Crucial

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Under the able leadership of the PM of India Shri Narendra Modi, government has recently launched a Digital India program to co-ordinate between the building of digital infrastructure and broadening technology reach. However, we think implementation is crucial along with addressing key bottlenecks including spectrum availability, limited fibre connectivity, right of way regulations, and high taxation / government charges.

National Optical Fiber Network Connectivity
The National Optical Fibre Network (NOFN) scheme was launched in 2011-2012 with a view to connecting over 250,000 Gram Panchayats (village authorities) in

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Why NaMo Govt Must Hedge India’s 12 Months Future Crude Oil Contracts ?

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The collapse in crude oil prices (down c50% in 2014) is roughly a $50bn (2.3% of GDP) bounty for India. At $50/bbl crude prices, India can have a current account surplus of 1% in FY16. At this price, assuming current retailing prices, Indian Govt / Oil companies may end up over-recovering $10bn, vs under-recovery of $23bn in FY14. In other words, there may not be any effective need for net subsidies for oil (0.8% of GDP in FY14).

If India can lock in current lower crude prices for say a year, it can get an assured window to sort out other macro issues for economic recovery, without having to worry about oil volatility. In absolute terms, the move

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Housing for all by 2022 – Modi’s Ambitious Plan

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India, like most developing and urbanizing nations, faces a large housing shortfall. Although unlike its peers, the economy has grown rapidly over the past two decades, urbanization has not kept pace with the growth. The pace of urbanization has lagged that of its peers, and even today, about 30% of India’s population lives in cities versus an average of 50% globally and over 70% in developing nations. About half of India’s population is expected to reside in cities by 2050, making the density in cities among the highest in the world. The government faces a huge challenge, not only in meeting the housing shortage, but also in planning and facilitating housing for millions who will move to

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Exposing Nexus of Congress Manish Tewari, BJP’s Ravi Shankar Prasad & Mukesh Ambani’s Reliance

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The Aam Aadmi Party [AAP] legions have exposed the Holy Nexus between the Congress Leader Manish Tewari [Former Minister of Information & Broadcasting in the UPA Government], current Minister of Telecommunications in the Narendra Modi led Government, Mr. Ravi Shankar Prasad of the BJP and Insider Trader and CMD of Reliance Industries Ltd, Mukesh Ambani.

AAP Workers have collected evidence admissible in the Indian court of law which prove that current Telecom Minister Mr. Ravi Shankar Prasad has received Rs 84 Lakhs from Reliance Group company Fine Tech Corporation Private Limited in

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What is the GST (Goods and Service Tax), When will it be Implemented ?

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The Goods & Service Tax [GST] is the new Proposed Tax that will eliminate all other forms of Indirect Taxes [Excise, VAT, Entry Tax, etc] within India and Industries will either Pay Goods Tax if it is a commodity to be sold or Service tax if the end product is a Service at only one point [Place of Origin or Destination is bone of contention] and thus the Goods can move freely across India without any hassle.

What is the Finance minister doing with GST Bill in India ?
Narendra Modi did a big mistake by handing over Defence portfolio to Finance Minister Mr. Jaitley in the last 6 months as he could not concentrate

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NaMo Govt Bows to Realty Mafia Pressure Under Affordable Housing Cover

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The government has announced the new Foreign Direct Investment (FDI) norms for the construction development sector. These become effective from 3 December 2014. We believe the biggest beneficiary of these FDI norms will be the commercial real estate in Metros and Tier I cities.

If Narendra Modi is so concerned about Middle Class, why is he silent on the Real Estate Regulatory Bill which has been in demand over the last 10 years to take builders to task ?

The government has now lowered the minimum FDI in the sector to USD5m from the earlier limit of USD10m. It also now allows investment in construction development projects involving smaller areas but more than 20,000sqm (from 50,000sqm). This implies some expensive land banks, which often are less than 50,000sqm, in areas including South Mumbai, Lutyen’s Delhi, Gurgaon Golf Course, etc, now become eligible for FDI.

The investee company is now required

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