The Mini Wall of
Mexico
Two days back, President Donald Trump
signed an executive order to immediately start construction of a wall along the
USA / Mexico border
The wall will be 1000 miles long , 50 /
60 feet high and take 5 years to build , at an
estimated cost of $ 14 billion. It might
possibly employ 1000 workers
Despite being a mammoth project, this
pales before the Great Wall of China, which stretches for almost 3900 miles
along the northern border of China
That Chinese wall was built some 2000
years ago and engaged 1.5 Million labours over a period of 200 years
It is recorded that some 3-5 lakh
soldiers were stationed along that Chinese wall to guard against invaders from
the north
President Trump plans to post 5,000
border patrol along the wall to prevent entry into USA, of Mexicans in need of
jobs and trying to escape poverty
Now Mr Trump cannot build a wall along
the vast sea-coast of America , nor build a wall in the sky , to prevent
internet penetration !
So, he has also threatened to
drastically cut back on H1-B visas under which , currently some 300,000 Indian
techies are working in USA , both for Indian and American companies
Trump has given to American citizens , a
slogan : Buy American
And to American Industrialists , a
slogan : Hire American
He does not realize that , through his Executive
Orders ,
·
He cannot stop the march of Technology ( remember wise king Canute
? )
·
·
·
He has done a great service to India ! ( a blessing in disguise ?
)
·
·
Here is how :
A poor family was eking out a living by
selling the fruits that grew on a tree in their backyard
There was no need for anyone in the
family to work , making all members lazy
A friend who realized that this
situation would perpetuate the poverty , cut down the tree one night and ran
away
In the morning, the distraught family
realized that they can no longer depend upon the fruits of the tree for a
living !
They all started working and gradually
prospered !
I hope :
·
NDA
government would seize this opportune moment , to turn India into,
·
Where I echo the vision of Shri
Jayant Sinha
, so that Indian geeks sitting in small towns of India
can remotely replace Americans working in their ,
* Farms
and Factories
* Hotels
and Hospitals
* Malls
and Markets
* Roads
and Railways
* Workshops
and Warehouses
*
Garages and Gardens
* Drones
and Delivery Trucks ….etc
Any person starting a “ Back Factory “ operation which earns dollars
through “ export “ of “ Remotely Delivered
Services “ would be exempt from Corporate and Personal Income Tax for 10 years
It is time to get out of the way of
these “ Self Employed “ to enable them to take on the World !
·
Shri Arun Jaitleyji would not simply “ copy “ Donald Trump and
make marginal / token reduction in Corporate Income Tax in his budget three days from now ,
·
·
But , introduces what I have
repeatedly suggested ,
where , the
greater the number of employees engaged by a Company , the lesser (
incremental ) tax rate on successive higher slabs / levels of employees
Of
course , no Indian company would simply hire more employees in order to take
advantage of a lower tax rate but this will discourage them to resort to “
automation “ just in order to reduce manpower costs . It will be Indian
Innovation to beat the malaise of a “ Jobless
Growth “
·
Shri
Jaitley announces measures to turn India into a ,
·
·
Thank You , Mr
Donald Trump :
YOU MAY HAVE WOKEN US UP FROM OUR SLUMBER !
29 Jan 2017
www.hemenparekh.in
/ blogs
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