Wednesday 24 December 2014

Sharing Infrastructure, Capital & Knowledge Keys To Success
December24, 2014 (C) Ravinder Singh ravinderinvent@gmail.com

Gross inefficiency of Indian economy is reflected by India’s share in
global wealth at just 1.4% 2014 which was 1% in 2000 but in per capita
terms Wealth Growth compared to the world average is 0.1% growth in 14
years.

Last 16 years of NDA and UPA stable governments that lasted full term
had been extremely poor. Median income of Indians has fallen behind by
around 30% in 2000-2014 period.

Global Wealth Data Book 2014
    Wealth 2000    Wealth 2014    Median 2000    Median 2014    Growth    Percent
China    $ 4,664b/ 4%    $21,404b/8.1%    $2703    $7033    $4330    160%
India    $1,163b/ 1%    $3,604b/ 1.4%    $588    $1006    $418    71%
World    $117t    $263.2t    $1740    $3641    $1901    109%

Three Key Features missing in Indian Growth Agenda are

1.    Sharing of Infrastructure,
2.    Sharing of Capital,
3.    Sharing of Knowledge & IPR

This has left India as most ‘Uncompetitive Nation in the World’ baring
some Tailoring & BPO kind of Labor jobs India is uncompetitive in
everything.

1. Sharing of Infrastructure: India is not sharing High Cost Critical
Infrastructure -
India has Grossly Under Utilized Optic Fiber Network that can provide
Broadband Multimedia Services at practically no cost is not shared but
India has opted for DTH, 2G, 3G, 4G for Data & Multimedia. Telecom
Tower & Spectrum are not shared leading high cost and poor quality of
service. Power infrastructure is not shared – leading Monopoly & High
Cost & Poor Quality of Service. Why can’t NTPC sell power directly to
consumers? Coal Mines are shared – instead of 4-10 Mining Companies
engaged India has hundreds Uneconomical & Inefficient.

2. Sharing of Capital: Entire Value Chain of Industry is FUNDED BY
BANKS – JUST in time Supply reduces Capital Investment By 50% in Japan
that made it Globally Competitive. Raw Materials, Ancillaries,
Assembly Lines, Retail of Cars involve Bank Funding and Working
Capital – that possibly DOUBLES COST.

http://ec.europa.eu/internal_market/intellectual-property/docs/joint-report-epo-ohim-final-version_en.pdf

3. Sharing of Knowledge & IPR: EU Study reveals 91% of EU Exports are
IPR intensive – to India’s ZERO. IPR based products and jobs command
Many Times more price and 67% higher salary than conventional.

These three shall make INDIA GLOBALLY MOST Competitive.

Marry Christmas & Happy New Year

Ravinder Singh, Inventor & Consultant, INNOVATIVE TECHNOLOGIES AND PROJECTS
Y-77, Hauz Khas, New Delhi-110016, India. Ph; 091- 9718280435, 9650421857

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