- Modi is interested only in his own political career, which is going to last for only the next few years. He doesn't give a damn to the lives of Indians, say, fifty years from now.
- So he can take a Japanese yen loan at 0.1% interest rate to finance the totally unneeded and wasteful bullet train project in order to turbocharge his political image [foolish voters will be swept away by the train, unaware that public's priorities are elsewhere], and falsely claim that the loan is "in a way, free". Modi knows that common Indian man will only see the 0.1% figure and believe that it's almost like zero. Ignorant voters aren't aware of concepts such as inflation, interest rates, etc.
- Further, Modi gives a damn to the fact that the rupees 1.1 lakh crore he's going to waste on the only 508 km long bullet train can be [and should be] used elsewhere, because India has many other pressing priorities in terms of poverty, sanitation, roads, affordable healthcare, education, employment and railways itself. India can't afford this shiny toy yet.
- Modi won't tell you that there were 200+ train derailments in the last 4 years. Why? Because if he tells you this, you will question his spending 1.1 lakh crore rupees on the Japanese bullet train, and his entire plan to embezzle Indian people's money will fail.
- Lastly, the large sum that Modi is going to spray on the Japanese is also going to result in a huge windfall for Modi's cronies, in the form of overpriced contracts, inferior-quality parts supplied, embezzlement of money, and so on.
- So Modi gets instant political mileage as well as financial windfall, at the cost of India's present and also future generations.
Sunday, September 17, 2017
Governments shouldn't be allowed to take steps that help them politically in the present, but create risks for future generations [COMPACTIDEA]
Monday, August 14, 2017
Public will gladly pay taxes - and support higher taxation - if it sees actual benefits coming from those payments [COMPACTIDEA]
But if we see that our taxes are being looted by the politicians at both local/state and central level - the way we clearly see now in India - then we feel angry about paying taxes. When we see such "roads", and we know that some ministers have looted crores of rupees on "maintenance and repair" of these very roads, then we feel angry.
Sunday, April 9, 2017
Pursue and prosecute government officials as aggressively as is done for the general public [COMPACTIDEA]
- Government agencies across the world vigorously and viciously investigate and prosecute even the most petty crimes/offenses committed by people in the general population.
- However, when it comes to offenses/crimes by government officials, a clear and stark contrast is seen. Scams, mistakes and other costly/criminal offenses are not investigated, officials are not prosecuted, and in general, the overall approach is to "move on" and forget about it.