Dear
Shri Jaitleyji
Even
as I anxiously await to listen to your Budget speech tomorrow , I do
hope that the concept outlined in my following earlier email will find an echo
- however feeble - in your presentation
with
regards ,
hemen
parekh / 27 Feb 2015
( M )
0 - 98,67,55,08,08
Mumbai
-------------------------------------------------------------------------
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
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