Tuesday, 23 February 2016

HOW TO TRANSACT BUSINESS IN PARLIAMENT


International    Exchange   Program


We have all heard about these programs under which , ( for example ) students from India would go to USA , spend a few weeks with American families and even attend local universities


In turn , American students would spend similar period in India ( may be , with the parents of those Indian students who went to USA  ) and attend Indian Colleges


In the process , both groups learn the customs / traditions / life-styles of their host Societies


I suppose , they also learn quite a lot about the Education Systems of host countries


Which would include , academic pursuit and teaching methods


But , above all , they would learn how the students behave in the class rooms and how the teachers maintain discipline


I believe , it must be a " Shocking " experience for those Indian students to find that professors in USA wield unimaginable  power , unfettered by the Dean or Chancellor of those colleges

Eg :

*   A professor's is the final word in the evaluation of any student ( no court of higher appeal )

*   Quite a lot of that evaluation is based on the number and the quality of questions asked by the students

*   " Shot-gun "  exams are a teacher's way of judging the progress of the students

*   If any student absents from class room without a satisfactory reason ( ie satisfactory to the subject teacher ),
     the teacher can simply tell him to stop attending the classes ! Heavy rains or snow storm does not count !


And the Dean cannot question the professor's decision


*   Teachers don't prescribe any text books , but they may suggest a dozen books to refer to

*   Many teachers just " refuse to teach " ! They insist that the students come to class , having " self taught " the
    subject and the class room is only for the purpose of "solving difficulties" faced by students while self-teaching !


*   Emphasis is not on a student remembering the exact mathematical equation but on knowing which equation to
     use  !

     Hence , most professors will allow a student to look up any book during an exam  !


*   Even arriving at the exact / precise " answer " is not considered important . It is your " approach " to solving a
     problem that counts more .

Were you able to suggest a non-traditional and distinctly innovative " approach " ?



MORAL   OF  THE  STORY  :



How about Shri Narendra Modiji ( himself , a champion of " Out of Box " thinking ) , signing an " Exchange Agreement "  with President Obama , under which , a batch of 40 Indian Legislators ( to begin with , opposition members of Rajya Sabha ) , are deputed to USA for 6 months ( or till GST Bill gets passed ? ) to attend the sessions of US Congress / Senate , to learn / imbibe their ways of conducting official business ?


Of course , our deputed legislators must be paid a " Copycat-ing Allowance " of $ 100 per day while in USA  !

After all , cafeteria in American Congress building does not provide "dosas" @ Rs 2 per piece !


While readily agreeing to the Indian request , it is quite possible that President Obama may politely decline to send the American Legislators to attend our Lok Sabha / Rajya Sabha's budget session  ! Entirely understandable  !


Dear Shri Venkaiah-ji :


 You may get much more cooperation from all parties after 6 months  !


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23  Feb  2016





Warm Regards,

Hemen Parekh

(M)=91 – 98,67,55,08,08


A   Laughing   Matter  ?


Last evening, TV channels showed the traditional " Halwa Ceremony " in the Finance Ministry building

With this , the process of preparing / printing of the Union Budget starts

The people involved will stay " imprisoned / incommunicado " till FM completes his budget speech on 29th Feb , to ensure that the budget provisions do not leak out

That does not stop the experts ( - and some non-experts like me ) , to make predictions such as :

Revising limits for personal Income Tax slabs

Reducing rates for TDS

Rationalizing procedures ( assessment scrutiny / tax refunds / tax litigations etc )

Launching new Schemes / Funds for savings and investments

Increase / decrease of Excise rates on products ( watch out smokers and drinkers ! )

Increase / decrease of Import Duties on products to protect local industries / stop dumping from China

Recapitalization of Banks ( to write-off Rs 7 lakh*crore of NPA with tax payers money )

Write-off DISCOM debts of Rs 4 lakh*crores by passing the buck to State Governments ( tax payer burden ? )

Write off loans to farmers - what with elections looming in 5 States ( but I support this  )


News papers report that the Government have received budget suggestions from some 7,000  persons and that , this time around , Prime Minister himself is closely involved in the budget making exercise

Now , with all this obsession / seriousness / paranoia , surely this secrecy surrounding the budget document , cannot be a laughing matter  !

Unless you ask ,

* some foreign software geeks ( eg: Sundar Pichai / Satya Nadela / Vivek Ranadive / Ray Kurzweil etc )

* some Indian BIG  DATA  ANALYTICS geeks ( Mukund / Krishnan / Sanjay / Srikant / Raj / Anurag etc )


Because , if you do , they will laugh and tell you :


Just give us the actual budget documents of the past 60 years ( including the accompanying budget speeches ) and we will process these documents using Big Data Analytics software and predict what will be the provisions in the forthcoming budget ( with a probability of 99.7 % - ie ; plus or minus six standard deviation )


And then , we will process those past budget speeches with a PARAPHRASING software ( ala Kurzweilai.net ) and give you an advance print-out of Shri Arun Jaitleyji's speech on 29th Feb  "


But of course , Shri Jaitleyji could cheat the PREDICTIVE ANALYTICS , by announcing following unpredictable  :


*   Total Abolition of Personal Income Tax ( or at least , reducing incremental tax rates in each higher slab )

*   Decreasing Incremental Corporate Tax Rates , linked with each higher slab of " Permanent Employee Number "

*   Perpetual Amnesty Scheme for all CASH deposits made in Jan Dhan Accounts , if invested in tax-free Infra SPVs

*   Transfer of 1.8% of GST (from 18%) into buyers' PPF a/c , to ensure all citizens get PPF a/c for tax-free savings

     This amount to be used for paying premium for COMPREHENSIVE HEALTH INSURANCE to cover all illnesses

*   Introduction of plastic Currency Notes of Rs 500/1000, embedded with micro RFID sensors ( stop Black Money )

     Surest way to ensure that almost all payments are made thru official channels !

*   Introduction of BTT ( Bank Transaction Tax ) @ 2% to yield Rs 15 lakh*crore of revenue ( against revenue loss
    of  Rs 2.5 lakh*crores caused by abolishing Personal Income Tax )


Now such announcements , besides being " Unpredictable " , would meet Shri Narendra Modiji's following announcement at Make in India week on 13th Feb  :


There is no time for incremental changes . We want a quantum jump  "


Any other budget provision / announcement , would be a laughing matter  !

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20  Feb  2016
    
 
   



Warm Regards,

Hemen Parekh

(M)=91 – 98,67,55,08,08


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