1. Rate of growth
Because of reforms in the last decade
we consider 6% to 8% as the 'New rate of growth'
of the economy.
India needs to grow at 10% to 14% per year, to meet
the well being and aspirations of its people.
This goal is achievable with Good Governance and
2. Cost of Governance
As per www.loksatta.org, an NGO based
in Hyderabad, the expenditure on 'Governance of
India', by the 790 politicians at the Center, the
4120 in the 35 States and Union Territories and
the 18.7 million employees of the Central and State
Govts. use about Rs.2200 crore per day or Rs. 760,000
crore per year, both on capital & revenue acount.
About 1.87% of Indians govern 1090 million people!
This comes to about US$147 billion or nearly 25%
of India's Gross domestic product or GDP! Are Indian
citizens getting their moneys worth?
Only you the Indian citizen can give the actual
and final answer. You be the judge of your own country
and decide. Our study clearly indicates that the
people of India desire and deserve much better Governance
3. 'Corporate Governance'
is only a small part of 'Governance'
In 2001, Indian listed companies on our stock exchanges,embraced
the culture, practice and accountability of 'Corporate
Governance', which covers about, 7% of India's GDP
and 100% of our market capitalization.
Good Governance of India should be an A1 priority,
as it affects all the 1090 million people and 100%
of India's GDP! It covers all activities of the
Nation, that is, the public sector, private sector,
unorganized sector and even NGOs.
and its members have mailed and distributed about
6,00,000 booklets, about the advantages of good
governance, and loss to the citizens and the nation,
in the absence of good governance and effective
administration. We have received positive responses
from Indian citizens in politics, government, business,
management, teaching and the youth of India.
We are therefore very positive about INDIA.
4. Democracy : what does it mean?
Democracy is of the people, for the people and by
the people. Citizens must play an active role. As
President John F. Kennedy said, "ask not what the
country has done for you, but what you have done
for the country".
In a world of globalization and keen competitiveness,
Indians will have to change their mindset and take
a much larger interest for their country, by participation
in the governance of India.
Good governance will be a key requisite for the
2nd generation reforms! We see an upward movement
in the GDP growth rate of 10% to 14%, with good
governance & effective administration.
5. Politicians "&" Bureaucrats : their primary "&" ONLY duty
The key objectives of elected politicians in power
and appointed employees with the Central and State
Governments is firstly, to administer and govern
and secondly, to serve and benefit the citizens
and the country of India in the best possible manner.
We seek your help and advice, in reaching out to
the key members of the major political parties,
think tanks and leaders in government, teaching,
media, business and the youth about the advantages
of good governance "&" effective administration
and how it influences the economy. Here are some
meaningful observations about Good Governance.
"The purpose of a government is to make it easy
for people to do good and difficult to do evil"
- Sir Gladstone
"Rivers do not drink their water themselves, nor
do trees eat their fruit, nor do the clouds eat
the grains reared by them. The wealth of the noble
is used solely for the benefit of others"
"The punishment suffered by the wise who refuse
to take part in the government, is to suffer under
the government of bad men"
"Nation First and then the Individual"
- A. P. J. Abdul Kalam
"In the last 58 years, after 1947, it would seem
that most of our development has been directed towards
the top 300 million of the Indian population.This
needs to be changed, since untill the balance 800
million people of India benefit, the country will
not move ahead as a developed nation."