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
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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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