Wakeupcall.org iWatch Change
Contents
Registration
80G-Tax Form
Projects
Donation
P
iwatch
OUR MISSION
OUR GOAL
Guiding Principles
Imortal Inspiration
Spacer
Spacer Download our Sample of Booklet

Transforming India
English | Gujarati | Hindi
Marathi | Punjabi | Tamil
Telugu | Kannada


The INDIA you may not know
English | Gujarati | Hindi
Marathi | Punjabi | Bengali 
Assamese | Oriya | Tamil 
Telugu | Malayalam | Kannada


Making INDIA a Knowledge Economy
English | Gujarati | Hindi
Marathi | Punjabi | Bengali 
Assamese | Oriya | Tamil 
Telugu | Malayalam | Kannada


One Point Action Plan for INDIA
English | Gujarati | Hindi
Marathi | Punjabi | Bengali 
Assamese | Oriya | Tamil 
Telugu | Malayalam | Kannada


To Purchase 56 page booklet,
click here

Good Governance

Economic Reforms
Governance & Administration
Real & Virtual India
Poverty Line
Good Governance
Why and How?
The Country
Workshops & Benefits
One Point Action Plan
Suggestions for 2005 - 2006
Zero Corruption

Comparison Studies

India in a Nutshell
China - India Chart
China - India Comparison

Socio-Economic Factors

Tale of Three Countries
Difference between Rich & Poor
World Markets
Population Bomb
FDI, Employment, GDP
Public Relations
Social Reforms

Governance Indicators : India Ranking within 75 Countries

Governance Indicators
India - China Ranking
Governance & Poverty

Zero Corruption!

Good Governance & Effective Administration

About Us

Background
Founder
Chairman & Founder
Advisors
State Advisors & Associates
Links
Interactive Workshops
Sources for Information and Data
Suggested Reading about CHINA

Projects

Importance of water
Water & Sanitation
Digital School education
PCM-Coaching
Registration
80G-Tax Form
Projects
Donations
Past Donors

Resources

www.karmayog.org www.janaagraha.org www.whodouwant2b.com www.ccsindia.org www.deispune.org www.epsfi.org www.IndianNGOs.com www.schoolchoice.in

Your Help

Funding for our Projects
Spreading Awareness
Conducting Workshops.

Contact Us

krishan@vsnl.com krishan@wakeupcall.org anupam@wakeupcall.org
Spacer
Graydot
Greydot
Greydot
  Home > Good Governance > Real & Virtual India
Greydot
Spacer Spacer
   

The Real India

The Virtual India

1. Who stays here? People of India in 35 states NRI's & PIO's in 5 continents
2. Gross domestic Product US$ 692 billion about US$ 240 billion
3. Per Capita Earning US$ 625/year/person about US$ 10,000/year/person
4. Savings Per Year US$ 100 billion** about US$ 75 - 80 billion**
5. INDIA's external debt US$ 121 billion N.A.
6. Total FDI last Year (2005) US$ 6 billion N.A.
7. FDI investment by NRI's US$ 0.2 billion (in 2004) N.A.
8. Population 1090 million 20 - 22 millions


1. Understanding the Real and Virtual India!


There are two India's, one where we live and the other is the Virtual India, with an estimated GDP of US $ +240 billion per year, where about 20 to 25 million NRI's and PIO's live.

Their hearts are in India and they are emotionally tied to India. If we can attract them and woo them, they could be a good source of funding projects for India's growth plans.

The Chinese have learnt the art of wooing and managing their NRC's who number about 55 to 50 million. Last year the NRC's invested about US$ 70 billion into China + Hong Kong + Macau. India, inspite of its best efforts, received only US$ 0.2 billion from NRI's last year!

India imports nearly US$ 8 to 10 billion worth of Gold every year. This means that we have imported nearly US$ 96 to 120 billion worth of Gold, in the last 12 years, since liberalization of the economy.

We should try to find ways to 'funnel' this retail investment into more economical areas, to benifit the Nation and it's people.

2. How has China managed to get large FDI inflows from the NRC's?


Maybe, there is a lesson to be learnt by us, as to how China is able to woo its NRC's!

The largest banks in Hong Kong, HSBC and Standard Chartered, may be able to throw some light on how the NRC's have been able to invest so much in to China and Hong Kong.

• FDI .... means – Foreign Direct Investment • US$ 1 billion is Rs. 4900 crores
• NRI .... means – Non Resident Indian • N.A ..... means not applicable
• NRC ... means – Non Resident Chinese • **means , estimated figures
• PIO .... means – People of India Origin


3. India's POT of GOLD : how can we get it back?


It is estimated that a large amount of "Indian Money", is lying outside India, due to poor governance & administration of India and due to past regimes of controls and high taxation. If India can put its “House in Order”, to near World Class Standards, a substantial part of this money could easily come back to drive the Indian economy.

Unofficial estimates of Indian funds lying outside, range from US$ 400 billion to US$ 800 billion! India's total foreign debt is about US$121 billion.

The interest rates are very low in the international markets and interest rates are also dropping in India. NRI's and PIO's would be interested to invest in Indian paper with reasonable rate of interest and attartive tax incentives.

The Indian Central and State Governments should plan for 10-15-20 year Infrastructure Bonds, with a coupon rate of 4 to 5%, both for domestic Citizens as well as for NRI's, with tax breaks and incentives. Or it could be a floating rate, based on some standard base rate, + a premium of 100 to150 basis points.

India requires US$ 500 to US$800 billion for Education, Health Care, connecting the Water Ways and Rivers, for Ports, Airports, Railways and Roads.

After the 2nd World war, when Germany was devasted, the German Government came out with a similar scheme to build the Nation. China has had a novel scheme for many years. It may be a good time to consider such proposals. The present rate of borrowing for Infrastructure Projects is too high!

4. Only Good Governance and Effective Administration can attract higher FDI into India and induce money to flow back.



Scroll Up
Spacer
Greydot
Vision2020
Transforming India
News Events
Citizens Respond
Citizens Respond
Literacy
spacer spacer
Human Development
Employment Generation
100% Literacy

Vocational Training
Spacer Sapcer
Definitions used in the area of Education
China at a glance - VET & the Economy
Germany at a glance - VET & the Economy
USA at a glance - VET & the Economy
India at a glance - VET & the Economy
Real winner for India in 2011 - VET & the Economy
Road Map for Success
Vocational Education & Training
Education Matrix of India
VET Recommendations
VET Courses from i Watch

Education Policy
Spacer Spacer
Indian Education
Deregulation of higher Education
Goddess Saraswati
NRI Participation in Educational Infrastructure
Relevant Educational Policy for the Masses
Social Infrastructure - Education
Educational reforms
Relevant Education
Paradox India

Spacer
Spacer Spacer
GDP Analysis
Defination of SME's
International Hub
Importance of SME's
Funding Infrastructure

Empolyment
Spacer Spacer
E.G. thru VET
E.G. thru SME's
E.G.-Implementing VET
E.G.-Relevant Skills & Training
E.G.-Paradox India-Skills

Spacer
spacer Spacer
Abstract of Policy
Introduction
Table of Contents
Proposed Manufacturing Policy

Spacer
spacer Spacer
Grameen Creative Lab
Presentation for Companies
Social Business for India
University overview

Spacer
Greydot
spacer
All Contents- (C ) 2010 iwatch  All Rights reserved | Sitemap