Indians 7% of World’s Wealth Migrants – $1 t Wealth Loss
March25, 2018 (C) Ravinder Singh progressindia2015@gmail.com
China lost $3.8 trillion out of $29 trillion wealth 2017 as millionaires left China over last 10 years which is significant amount – figures for India could be $1 trillion or more which is quite substantial for India’s $5 trillion Wealth in 2017 [World $280trillion]. [Combining Global Wealth Report and ET Story clipped under].
Global Wealth Report 2017 – India is 90 years behind USA in Wealthand will be 86 year behind USA in 2022.
While China had a policy to ATTRACT FOREIGN EXPERTS and COMPANIES & Non Resident Chinese to settle in China with Skills & Capital.
India has WEAK POLICY and over 90% Non-Resident Indians failed to establish in India and returned.
China’s Wealth Migration was two way for 3-4 decades – India has primarily one way policy. China gained immensely net basis – India largely lost.
In just 3 years number of $millionaires increased from 182,000 in 2014 to 245,000 in 2017 [834m adults] or 35% rise – Global number36.050m, USA 15.4m [240.7m adults].
USA has A $Millionaire Per 15.6 Adults – India has a $millionaire per 3407 adults.
India accounts for 7% of World’s Wealth Migrants for 0.7% $millionaire.
Tragedy is India is not LEARNING – We don’t have Qualified Ministers & Professionals in Government & Industry, Do Not Support R&D and Protect Intellectual Property. Most Wealth Creators Are Exploited. NRI & Foreign Experts Not Honestly Supported to Establish in India.
Economy is Designed to be Corrupt or Inefficient and Unsustainable – Emit 7% GHG for 1.9% Wealth.
However, USD 76,754 is required to be a member of the top 10% of global wealth holders, and USD 770,368 to belong to the top 1%. While the bottom half of adults collectively own less than 1% of total wealth, the richest decile (top 10% of adults) owns 88% of global assets, and the top percentile alone accounts for half of total household wealth. – The share of the top 1% of wealth holders followed a similar pattern, declining from 46% in 2000 to 43% in 2008, then rising back to 50% in mid-2017.
Total wealth in India increased fourfold between 2000 and 2017, reaching USD 5 trillion in 2017. Despite this remarkable increase and having four times the population of the United States, total wealth in India is comparable to the level for the United States 90 years ago. We expect it to reachUSD 6 trillion in real terms by 2022, which is comparable with the level in the United States in 1936.
Between 2008 and mid-2014, mean wealth per adult grew by 26%; but the same period saw a 54% rise in the number of millionaires, a 106% increase in the number with wealth above USD 100 million, and 138% rise in the number of billionaires.
Global economy is projected to add another 719 billionaires in the next five years meaning that their number will rise to nearly 3,000. Of these, 230 will be from North America and 205 from China. Of the additional 235 billionaires expected from Europe, 33 are likely to be from Russia. These four regions to contribute 703 billionaires.
The United States scores high on all three criteria, and has by far the greatest number of millionaires: 15.4 million, or 43% of the world total.
Ravinder Singh, Inventor & Consultant, INNOVATIVE TECHNOLOGIES AND PROJECTS
Sustainable Cities through Heritage Revival:
CPR and CSH are pleased to invite you to a workshop on
Sustainable Cities through Heritage Revival: Asian Case Studies
Olga ChepelianskaiaTuesday, 27 March 2018, 3:45 p.m.Conference Hall, Centre for Policy Research
Sustainable Cities through Heritage Revival: Asian Case Studies
Olga ChepelianskaiaTuesday, 27 March 2018, 3:45 p.m.Conference Hall, Centre for Policy Research
Indian cities face an unprecedented urbanization pressure (50% of India’s population will reside in cities by 2050, UN), which reflects in a rapid and uncontrolled built infrastructure development. Such development often takes place at the expense of natural eco-systems, human scale and cultural distinctiveness, which in turn significantly compromises sustainability, resilience, social cohesion, inclusiveness and economic opportunities. Climate change and extreme weather events further exacerbate negative effects of this unsustainable urbanization process and further deepen poverty and vulnerability in cities. In this context, achieving the SDGs and the New Urban Agenda targets imperatively comes to reviving and harnessing on cities’ unique natural and cultural assets. Yet, the potential of built heritage to address urban development challenges in India has hardly been explored and tapped into.
A number of Asian cities have however demonstrated that such a joint approach unlocks the rich potential of heritage to bring wide economic, social and environmental benefits at both the national and the local level. SEHER INTACH initiated a series of related analytical case studies with the objective of identifying successful heritage integrating policies, institutional set ups and interventions. This talk presents selected Asian cities’ cases and highlights how these learnings could apply to the Indian context.
SEHER INTACH – Sustainable Cities through Heritage Revival – is an integrated urban initiative launched by INTACH in 2017 to respond to equally critical needs of preventing built heritage from demolition and of ensuring that urbanization is inclusive, human scale and environmentally sustainable in India.
Olga Chepelianskaia is an international sustainable urban development consultant, Founder of UNICITI and Program Manager of SEHER INTACH. She specializes on sustainable and climate resilient urban development in Asian cities, natural eco-systems and heritage revival, climate change and clean energy. Over 13 years of her professional engagement, she managed 5 major international programs, covered over 20 cities and 40 countries, and worked with 7 top international institutions: ADB, CDIA, Rockefeller Foundation, UNDP, UNECE, UNEP, and UNESCAP. She has shared finding from her work in a number of urban resilience events, including recently at the UNDP Asia Forum on the Role of Local and Urban Governments in Building Sustainable and Resilient Cities and Rural Areas (Haiyang, China), Climate Forum’17 (Moscow, Russia), ICLEI Resilient Cities Asia-Pacific 2017 (Ho Chi Minh, Vietnam) or the World Urban Forum 9 (Kuala Lumpur, Malaysia).
This workshop is free and there is no registration required. Find all the available videos of our previous workshops, here.
Parliament Ruckus in both houses
View of the experts only:
Balraj Saggar:
This is most unfortunate that working days of both houses of parliament are being washed out in ruckus created by opposition parties. These law-makers have turned law-breakers. They do not realize that the entire world is witness to what they are doing. They must be reined in. There must be some rules for parliament to function. As all law-makers are government servants getting remuneration from government exchequer, they are covered by government service rules. The following rules should be made applicable to them:-
- They should declare their annual income and pay income tax.
- In case of any undeclared income, due action should be taken in the matter.
- Their basic pension should be calculated at the rate of 10,000 per completed years as M.P./M.L.A. for first term of five years. For more terms, basic salary should be increased at the rate of 2000 per completed year. They should be eligible for D.A. as per rules for other government servants. All other perks like medical allowance or LTA should also be the same as permissible to government employees.
- They should be allowed five casual leaves in a year for absence from attending sessions, for which prior sanction of speaker of the house may be obtained. For any extra leave, period should be treated as leave without pay, and for willful absence, it may be treated as absence from duty.
- For creating ruckus, they should be termed breakers of law, turned out of the house with application of “No work no pay” rule.
- If a law-maker makes false/imaginary/provocative statement in or outside the house, criminal proceedings should be started against him/her under section 209 of IPC. This is necessary to check irresponsible, inflammatory comments to vitiate the social atmosphere.
- All criminal cases against law-makers should be decided by fast track courts within six months. If punished in any way, they should lose membership of the house and debarred from contesting any election or holding any government post for life.
- Qualifications should be fixed for all contestants. It is mockery of the system that a person not qualified even for a class four post is eligible to be a law-maker, a minister, even president of this country.
- Any person involved in any type of anti-national/unlawful activity should be debarred from contesting election.
TRADERS NOT TO SEND CHILDREN TO SCHOOL ON 28 MARCH
TRADERS NOT TO SEND CHILDREN TO SCHOOL ON 28 MARCH PROTESTING AGAINST SEALING
DELHI TRADE TO REMAIN COMPLETELY CLOSED ON 28 MARCH
With the aim of registering their strong and vocal protest against ongoing sealing drive in Delhi, the traders are upbeat for their participation in Delhi Trade Bandh and Mega Rally at Ramlila Ground on 28th March being called by the Confederation of All India Traders and All Delhi Vyapari, Traders & Workers Association. More than 3000 trade associations of Delhi are expected to join the Rally. It is also declared that as a mark of protest, the traders in Delhi will not send their children to School and Colleges on 28th March-said Mr. Praveen Khandelwal, Secretary General of the CAIT.
To muster support for the Rally and Trade Bandh , several “Rally Jagran Rath” were launched today at New Delhi which were flagged off by Shri Praveen Goyal and Vinod Patel, Convenor of the Rally. Hundreds of Traders were present at the function. The CAIT has planned to ply 11 such Rath in different parts of Delhi to publicise the Trade Bandh and Rally.
Mr. Khandelwal said that when 1500 unauthorised colonies can be regularised with one stroke why not an Amnesty Scheme or a Moratorium Bill on sealing is brought by the Government. At a time when next Master Plan of Delhi is scheduled to be enforced from 2021 preparations of which have already been started by DDA, it is appropriate that status quo should be maintained and all focus should be devolved on making the next Master Plan a foolproof document.
Shri Patel and Shri Goyal demanded that instead of using force and resources to seal or destroy already constructed building or usage, it will be more appropriate if action is taken on current unauthorised constructions or usages and to stop future constructions. They demanded the Government to constitute a High level Committee under the Chairmanship of Delhi LG to discuss as to how the next Master Plan 2021-2041 to be enforced in 2021 can be made a well planned policy document. The representatives of trade should also be included in the said Committee beside Officials.
Alert – सीलिंग पर ग़लत रिपोर्ट देने पर सुप्रीम कोर्ट ने केजरीवाल सरकार पर लगाया ₹ 50,000 /- का जुर्माना …
AP, India Victim of Gujarat Model, Rs.3,00,000 Cr Bogus Aid
March25, 2018 (C) Ravinder Singh progressindia2015@gmail.com
Andhra Pradesh and India are suffering due to Gujarat Model being implemented all over India. Top 10 families in Gujarat own say 70% of Gujarat wealth. Secondary sector in Gujarat accounts for 45% of State GDP and it mainly consists of Refineries and Petro-Chemical projects which do not benefit people of Gujarat.
Ø I don’t think AP needs Rs.24,000 Cr Expressway & Rs.19,700 Cr Ring Road.
Ø Rs.3 lakh Cr worth of projects are not likely to directly benefit Andhra Pradesh.
Ø Rs.24,000 Cr Solar Park than Rooftop Solar or Farm Solar would deliver 98% of electricity at Rs.1 per unit when Central Project would deliver 80% power cost over Rs.6 Per Unit and need EHT, HT & LT Distribution Network could cost Rs.15,000 Cr.
Ø Capital Cost of Rooftops & Solar Farms could be 50% or for same cost Twice More Solar Generation could be possible.
[More than Rs.3 lakh crore worth of infrastructure and industrial projects have been initiated in the state of Andhra Pradesh. These include an investment of over Rs.1 lakh crore on highways and roads, investment of over Rs.1.4 lakh crore by HPCL, GAIL and ONGC in the petroleum sector to make Andhra Pradesh a major petrochemical club, investment of Rs.38,500 crores in Vizag Steel Plant, UDAY (Discoms) scheme with a an overall net benefit of approximately Rs.4.400 crore during the period of turnaround, ultra mega solar power projects and Solar parks at a cost of Rs.24,000 crores etc]
Almost all projects are Long Term projects Not Owned by People of Andhra Pradesh when projects in Gujarat are owned by Ambani or Adani.
Ø Rs.6,00,000 Cr in the Hands of State Government could be Much BETTER Utilized.
Ø Southern States are good in R&D and Creating Intellectual Property – weak patents hurt Southern States the most.
Ravinder Singh, Inventor & Consultant, INNOVATIVE TECHNOLOGIES AND PROJECTS
Y-77, Hauz Khas, ND -110016, India. Ph: 091- 8826415770, 9871056471, 9650421857
Ravinder Singh* is a WIPO awarded inventor specializing in Power, Transportation,
Smart Cities, Water, Energy Saving, Agriculture, Manufacturing, Technologies and Projects
TRADERS TO STAGE MEGA RALLY
TRADERS TO STAGE MEGA RALLY AGAINST SEALING ON 28 MARCH AT RAMLILA GROUND
DELHI TRADE BANDH ON 28 MARCH
While intensifying their agitation against ongoing sealing in Delhi, the traders of Delhi will observe a Delhi Trade Bandh on 28th March and will hold a Mega Rally at Ramlila Ground at Delhi. The Rally will be jointly organised by All Delhi Traders, Vyapari & Workers Association and Confederation of All India Traders (CAIT).
Mr. Praveen Khandelwal informed that nearly 3000 trade associations from across Delhi shall be participating in the Bandh and the Rally. The Traders are demanding the Central Govt to bring a Bill in current session of the Parliament to stop the sealing or an Ordinance whereas on the other hand Delhi Chief Minister should pass a Bill in current Assembly session for moratorium on sealing and forward the same to Central Government for its approval. The traders also demanded that the Government should bring an Amnesty Scheme declaring status quo on “As is Where is Basis” as on 31st December,2017. On the other hand the shops which have been sealed should be de-sealed and Delhi Government should immediately notify 351 Roads.
Mr. Praveen Goel & Mr. Vinod Patel informed that traders will take out Rallies in different parts of Delhi on 26th March to muster support for the Rally and also to ensure closure of Delhi. Meetings and Conferences will be held in various markets of Delhi from tomorrow and decisions will be taken by trade bodies for Delhi Trade Bandh & participation in the Rally. Several Rally Jagran Rath will be on the roads in different parts of Delhi messaging about the Rally & Bandh. The traders will leave no stone unturned in making the Rally a great success.
Mr. Khandelwal said that when 1500 unauthorised colonies can be regularised with one stroke why not an Amnesty Scheme or a Moratorium Bill on sealing is brought by the Government. At a time when next Master Plan of Delhi is scheduled to be enforced from 2021 preparations of which have already been started by DDA, it is appropriate that status quo should be maintained and all focus should be devolved on making the next Master Plan a foolproof document.
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