Hi Friends,

Even as I launch this today ( my 80th Birthday ), I realize that there is yet so much to say and do.

There is just no time to look back, no time to wonder,"Will anyone read these pages?"

With regards,
Hemen Parekh
27 June 2013

Tuesday, 30 December 2014

Let us focus on what we are Good at !



Let us focus on what we are Good at  !


Some 30 years back ( ? ) , GOI invested Rs 100 Crores in setting up a factory / company ( Called Semi-Conductors India Ltd ? ) to produce wafer fabrication / chips for computers. It took 3 years to start production - of chips used in wrist watches ! - available by Kilo-weights on footpaths of Taiwan  !

By that time , chip manufacture / design had undergone 3 life cycles !

To save GOI  embarrassment , a fire burnt down that factory ! - never to come up again !

If we want to increase local " Value Addition " in " India Made " electronics products , we must ensure that ,

>    there is nil / very small import duty on raw materials / components

>    a little more duty on Sub-Assemblies / Assemblies

>    a high duty on finished products

That will encourage more local Value Addition

Stopping / discouraging imports is not the right way to balance our Trade Deficit

That should be done by exporting things / services where we are globally competitive

Let us not get fixated on making things locally - even at a high cost as compared to importing

Let us not turn ours into a " High Cost Economy "


hemen  parekh  /  Dec 31 , 2014

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Make    Yourself    Heard

Dear Visitor :

It is time for YOU to speak up - and demand that YOU are heard

By emailing this suggestion - incorporating your OWN improvements - to the following Policy Makers

(  Just multiple copy all the following Email IDs into the Recipient column of your Outlook and Copy / paste this suggestion in the Message Box ) :


    narendramodi1234@gmail.com; 38ashokroad@gmail.com;ajaitley@del5.vsnl.net.in; jayant.sinha19@sansad.nic.in;piyush.goyal@gov.in;nitin.gadkari@nic.in; spprabhu1@rediffmail.com;bandaru@sansad.nic.in;smritizirani@nic.in;nsitharaman@nic.in; ravis@sansad.nic.in;sureshprabhu@irctc.co.in;prakash.j@sansad.nic.in;secy-ipp@nic.in; amitabh.kant@nic.in; shaktikanta.das@nic.in; rsecy@nic.in; adhia1981@gmail.com; ceo-niti@nic.in; atul-chaturvedi@nic.in; uma.bharati@sansad.nic.in; d.pradhan@sansad.nic.in; rprudy.office@gmail.com; rudypr@rediffmail.com; eam@mea.gov.in; mosvks@mea.gov.in; mvnaidu@sansad.nic.in; mnaqvi@sansad.nic.in; rao.inderjit@sansad.nic.in; mljoffice@gov.in; sadananda.gowda@sansad.nic.in; ministerminority@gov.in; najmah@sansad.nic.in; minister-ca@nic.in; ramvilas.paswan@sansad.nic.in; gandhim@sansad.nic.in; akumar-alpha@sansad.nic.in; jpnadda@sansad.nic.in; hm.moca@nic.in; geete@sansad.nic.in; simratbadal@yahoo.com; ns.tomar@nic.in; rmsingh@sansad.nic.in; tc.gehlot@sansad.nic.in; dr.harshvardhan@sansad.nic.in   


Friday, 5 December 2014

BUDGETING BY OBJECTIVES

BUDGETING     BY    OBJECTIVES

Dear Shri Jaitley ,

Come Feb 2015 and you will present your Budget in Lok Sabha
You will allocate thousands of crores of rupees to different ministries , for spending during 2015-16
You may even increase / decrease their allocations based on , to what extent ( % ) did they manage to actually " spend " their current year's allocations
The one and only emphasis is on " spending " !
As usual , no MP will ask :
"  But , what exactly did the Minister concerned achieve by spending this money  ?
What physical / measureable targets did the Minister succeed in reaching / exceeding , with that money  ? Where / What are the OUTPUTS  ?
Why is it that no targets were set in advance , before the start of the year ?
How come , Minister was allowed to shoot first and then draw concentric circles around the hole afterwards ( at the end of the year ) , to claim BULL'S EYE  ?  "

In private sector , shareholders / bankers do not hesitate to sack the CMD / MD / CEO , if he fails to deliver on promised profit
Then , why are Ministers allowed to retain their posts ( - or even get kicked upstairs ! ), despite failing to deliver  ?

Dear Shri Jaitley :

MPs should know that YOU cannot answer these questions , simply because , at the time of the Budget Exercise , no physical OUTPUTS  got fixed for each Minister
What did get fixed , were only EXPENDITURE TARGETS  !
Simply because MPs passed the Budget without fixing targets such as following for 31 March 2015 :

Finance Minister

   >   GDP ..... 6 % ............ [ 10 % improvement ]
   >   CAD.......( -  ) 5 % .....[  20 % improvement ]

Commerce Minister

   >   Exports........ $ 350 Billion  ....  [ 10 % improvement  ]
   >   FDI..............$    50 Billion...... [  20 % improvement  ]

*   Railway Minister

    >   Lengths of Tracks...... 125,000 Km.....      [  Up by 10 %  ]
    >   No of Passenger Trains / day..... 10,000... [ Up by 10 % ]

*   Health Minister

   >   Chronic Hunger and Hunger Related Deaths
         8 Million / year .................................... [  Down by 20 %  ]
   >   Under-nourished people..... 200 million..... [ Down by 10 % ]

*   Social Welfare Minister

    >    Dowery Deaths / year....... 8,000...... ......[  Down by 10 %  ]
    >    People without Toilets........ 500 Million....  [ Down by  20 % ]

*   Agriculture Minister

    >    Farmers Suicide/ year..... .. 14,000...............  [ Down by 20 %  ]
    >    Food Grain rotting / year..... 5 Million tons.....  [ Down by 20 %   ]

So on and so forth for each Minister

Some caution / suggestions :

*    Ignore the numbers given above. I could be factually wrong
*    Focus on the concept of " Management by Objectives "
*    Overcome the fear of " failure to meet the targets ".
*    Overcome the fear of " being ridiculed " !
*    Don't chop off the neck that dares to stick out  !
*    Only failure is , not fixing the targets  !
*    Actual vs Targeted achievements must be measured , on an ongoing
      basis , by totally independent THIRD PARTY agencies
      Ministers / Finance Minister and these Agencies , must agree in advance , how the
      Agencies will go about " measuring " the Actual Achievements
      The method of measurement must be transparent and well publicized
      in advance
      Agencies shall have no role in fixing of Annual Targets
      That is best done by the Prime Minister - the CEO , MakeInIndia
*    There must be at least 10 performance parameters for each Minister
*    Parameters themselves could be selected / prioritized , based on an
      ONLINE PUBLIC SURVEY / OPINION POLL , from Govt web site
*    If conducting such an ONLINE POLL for the forthcoming budget is
      too late , same could be done on a printed form , by current MPs /
      MLAs / Rajya Sabha Members
*    Results of the SURVEY / POLL , must be published

I hope readers of this blog will contribute by passing on this message to

>    all of their friends / relatives / acquaintances / colleagues
>    as many legislators whose email IDs they can find
>    to Shri Jaitley ( ajaitley@sansad.nic.in  /  ajaitley@del5.vsnl.net.in )
>    Everyone in their CONTACT list

OR,

>   request them to look it up on...www.hemenparekh.in

Somehow , we must bring pressure on Lok Sabha Members , NOT to approve the forthcoming budget , unless TARGETS are set in advance

*   hemen   parekh  /  06  Dec  2014

----------------------------------------------------------------------------------------

Make    Yourself    Heard

Dear Visitor :

It is time for YOU to speak up - and demand that YOU are heard

By emailing this suggestion - incorporating your OWN improvements - to the following Policy Makers

(  Just multiple copy all the following Email IDs into the Recipient column of your Outlook and Copy / paste this suggestion in the Message Box ) :


    narendramodi1234@gmail.com; 38ashokroad@gmail.com;ajaitley@del5.vsnl.net.in; jayant.sinha19@sansad.nic.in;piyush.goyal@gov.in;nitin.gadkari@nic.in; spprabhu1@rediffmail.com;bandaru@sansad.nic.in;smritizirani@nic.in;nsitharaman@nic.in; ravis@sansad.nic.in;sureshprabhu@irctc.co.in;prakash.j@sansad.nic.in;secy-ipp@nic.in; amitabh.kant@nic.in; shaktikanta.das@nic.in; rsecy@nic.in; adhia1981@gmail.com; ceo-niti@nic.in; atul-chaturvedi@nic.in; uma.bharati@sansad.nic.in; d.pradhan@sansad.nic.in; rprudy.office@gmail.com; rudypr@rediffmail.com; eam@mea.gov.in; mosvks@mea.gov.in; mvnaidu@sansad.nic.in; mnaqvi@sansad.nic.in; rao.inderjit@sansad.nic.in; mljoffice@gov.in; sadananda.gowda@sansad.nic.in; ministerminority@gov.in; najmah@sansad.nic.in; minister-ca@nic.in; ramvilas.paswan@sansad.nic.in; gandhim@sansad.nic.in; akumar-alpha@sansad.nic.in; jpnadda@sansad.nic.in; hm.moca@nic.in; geete@sansad.nic.in; simratbadal@yahoo.com; ns.tomar@nic.in; rmsingh@sansad.nic.in; tc.gehlot@sansad.nic.in; dr.harshvardhan@sansad.nic.in