Thursday, July 19, 2007

VILLAGE TECHNOLOGY ENTERPRISES (VTE)

Village Technology Enterprise (VTE) is a enterprise which can develop whole village like a profit motive private enterprise. It is some what similar to Township Village Enprises but in a Democracy concept.

Monday, May 14, 2007

One Crore Jobs every year with Continuous Linked Mixed Economy

One Crore Jobs for every year with the concept of CONTINUOUS LINKED MIXED ECONOMY(PUBLIC PRIVATISATION or Mobilization of 4 Resources -Man, Money, Machine and Marketing)

EXECUTIVE SUMMARY

India has adopted the Mixed Economy where Public Sector Undertakings run by Government and private organisations run by private people. India has given importance to both private and public sectors in India. In view of creation of jobs and mobalisation of all resources, there is a very urgent need to adopt new concept of CONTINUOUS LINKED MIXED ECONOMY FOR INDIAThe new and unique in the concept is that MIXED ECONOMY will be linked on continuous basis i.e. where government create projects continuously (like PSUs) with funds mobilization of government bonds and financial institutions & banks, others and after commencement of projects, it will be sold to the private people or convert into public limited companies with appreciated value to pay interest to the bond holders. The main advantage in this concept is NO FOREIGN DIRECT INVESTMENT REQUIRED and NO SINGLE RUPEE BURDEN ON GOVERNMENT. I can call it this as a PUBLIC PRIVATISATION OR MOBILISATION OF 4 Ms i.e. man, Money, Machine and Marketing.

It is a new concept in the lines of PUBLIC PRIVATISATION where Government starts PSU (s) (Public Sector Undertakings) and Privatise as a Public Limited Company (ies) or Sell to a Private Owner. In this concept, the resources mobilization is possible only by the Government at mass scale. The funding will be made within the country and No Foreign Direct Investment is required in this concept. Mobilization of 4 M's i.e Man, Money, Machine and Marketing Concept believes that Government objective is NOT TO DO ANY BUSINESS but Government ACT AS A FACILITATOR AND INITIATOR. Government has to mobalise all 4 M's for creating jobs, wealth, production and wide area total network of marketing. If Government mobilize the all resources, the value of land, business, subsidiary industries, standard of living of people and many depending factors will be increased. The main objective is crea! ting real employment and distribution of income, wealth all over India. Government of India includes all State Governments, Local Governments, Union Territories, etc with the help of banks, financial institutions, foreign investors, Asian Bank, World Bank, other international organizations can mobilize atleast one million crores within one year period to create a minimum one crore jobs for India. In this concept, Government should be in deep sense of motto and very in depth commitment to create real jobs for the country and money & finance is not a problem for mobilizing resources.

WHAT IS THE NEW IN THIS CONCEPT

India has adopted the Mixed Economy where Public Sector Undertakings run by Government and private organisations run by private people. The new and unique in the concept is that MIXED ECONOMY IS LINKED ON CONTINUOUS BASIS TO CREATE MORE EMPLOYMENT, WEALTH i.e. where government create projects (like PSUs) with funds mobilization with government bonds and financial institutions & banks, others and after commencement of projects, it will be sold to the private people or convert into public limited companies with appreciated value to pay interest to the bond holders or loan providers.

KEY FEATURES - 4 Fs

FUNDS MOBILIZATION - Government will mobalise the funds via BONDS, Deposits or any other financial long term inputs, from the public for funding to the projects. Mobilization of resources from public on long term basis (Say 10-25 years with good interest rate more than 2% of bank's interest rate) are going to support the projects for creation of jobs, wealth, production and marketing

FINDING PROJECTS - Government has to find out the projects which are more profitable, feasible and viable to needs of the people. Government (i.e. All Ministries and Departments which can give project proposals and implement & execute the projects for commencement. Ministries like Industries, Electrical, Water, Environment, Infrastructure, Transport, others and departments of all state and central governments) is a key initiator and facilitator by providing all kinds inputs like getting approvals, permissions, licenses, subsidies, incentives, land, water, electricity, roads and other infrastructural facilities which are generally offered to attract investor from outside and inside the country. Govt. can also invite projects from different private organisations, NGOs, State Governments, Corporations, Municipalties, Local Panchayats which are reuired for their areas and for them to create employment, wealth to the society which they feel investment required for profitable projects.

FINANCE TO THE PROJECTS - Government invests 10-15% from bonds and deposits, etc and Government has to take loans to each project at the maximum of 90% of the total project. This funding may be from financial institions like banks, ADB, world bank or any other who will give lowest interest rates to the projects. This is actually Execution and Implementation part of the project. Different Ministries, Departments of State Governments and Central Government should be involved to implement the projects with the help of issuing tenders, recruiting engineers, experts, consultants, professionals and other for project implementation on contractual basis. Projects will be executed by Govt. Departments and Ministries until they are handed over to Private Owners OR convert them into Public Limited Companies.

FIND PROJECT OWNERS - After commencement of project (say 1-3 years) or after starting production or ready for its activity, Government may sell or offer these projects to Private people (if anybody interested from the begining) and Convert them into Public Limited Companies by issuing the shares or bids with appreciated value. The appreciated value to be separated to pay the inerest to the bond & deposit holders. Government may give guarantee to the shareholders for atleast 3 years in case Govt. feels people to be attacted to these shares. Government may offer shares to bondholders or deposit holders to convert them into shareholders, if they want. Government may give subsidy to these projects also, in case they are needed and felt very much that the projects services are required to the Government like electricity projects. After realising the money, Government has to pay the money to the BOND HOLDERS with interest.
CONTINUE THE 4Fs again and again

OBJECTIVES OF M4Ms (PUBLIC PRIVATISATION)

CONTINUOUS CREATION OF JOBS, WEALTH, PRODUCTION AND MARKETING BY MOBILIZATION OF 4M's (MAN, MONEY, MACHINE AND MARKETING)

GOVERNMENT'S OBEJCTIVE IS TO BE LIMITED FOR NOT DOING BUSINESS BUT CREATION OF BUSINESS BY MOBALISING 4Ms.

Creation of jobs in large number under each project

Helping and strengthening the ancillery industries Creation of More wealth to the Nation

Making more mass production to compete chinese products and markets Creation of large countrywide network marketing and overseas marketing

Development of backward states and backward areas Rotating and recycling the funds to fund more projects

ADVANTAGES

* No Foreign Direct Investment is required for these projects
* Government can mobalise own funds via BONDS, DEPOSITS
* No single Rupee burden on Government
* It creates more jobs to the country people
* It creates more production to the country
* It creates more wealth to the country
* NO hassels of permissions, licences to start the project. Government will start
all projects without any hassels, hurdles since govt. is starting the projects
* It creates wide marketing throughout the country to market any product any where. Government can develop BIG MARKETING CHANNEL THROUGH OUT THE COUNTRY to compete the Hindustan Level and Procter & Gamble, etc.

It is continuous process to create big projects by Government which is always required for the government to meet the growing needs of people like electricity, water resources, infrastructure and others

STARTING AGAIN AND AGAIN FOR MOBALISING THE 4 RESOURCES MAN, MONEY, MACHINE AND MARKETING (M4Ms) TO CREATE MORE EMPLOYMENT, WEALTH TO THE NATION, MASS PRODUCTION AND WIDE AREA NETWORK MARKEING CHANNELS FOR THE COUNTRY.

Government can set targets to all state governments, local governments, union territories and others for mobilization of resources. In the first year, Government of India includes all State Governments, Local Governments, Union Territories, etc with the help of banks, financial institutions, foreign investors, Asian Bank, World Bank, other international organizations can mobilize atleast one lakh crores within one year period to create a minimum one crore jobs for India. One can expect One lakh rupees in rural areas and one million rupees in urban areas will create one job to the country. If government is able to use funds efficiently, it creates more than one crore jobs. Government can initiate and mobilize the funds through public and financial institutions which can repay again with interest. Only requirement is Government should have the MOTTO ro create the employment to the country. This is real and practically adoptable to the economy and affordable and without any single rupee burden to the government and alternative to the foreign investment and mobilization of rich resources of man, materials of INDIA. Profitable and Feasible projects should be undertaken in the first year on the basis of pure merit basis, need basis and requirement basis and keep in view to create more employment for India. Project may vary in size and finance but they should be profitable and employment generated. I can give modus operandi if any government is interested to adopt this concept. Indian Central or State governments OR foreign country government can also think of this concept for creation of crores of jobs.

V. SAMBASIVA RAO
No.12, Type II New, Block NO. I CLRI Quarters, Adyar, Sardar Patel Road,
CHENNAI 600 020, Tamil Nadu, INDIA
Mobile: 0-9840039926 Send your responses to my Email: svanimireddy@yahoo.co.in OR svanimireddy@gmail.com