How can the Government drive India's Economic Growth?

With your inputs via LocalCircles in the last 5 years, 50+ policies have been introduced or amended covering various aspects of governance, consumer issues, law & order, civic issues, taxation and ease of doing business.

The Government recently reduced Corporate Tax Rates to give a boost to the economy. Given, where things are currently and the impact on spending and price reductions the tax cuts may have and balancing the fiscal deficit, what other immediate steps should be taken to address the current economic slowdown.

Please be as specific as possible in your inputs! more  

Economic_Growth_-_12_Aug_2019___20190812095935___.jpg
View all 285 comments Below 285 comments
Wadhawan family also owned DHFL,
DHIL,
Privilege Airways Private Limited and
Privilege Distilleries Private Limited.
They own DHIL building at DHEERAJ ARMA, ANANT KANEKAR MARG, BANDRA (EAST) MUMBAI MH 400051 IN
This building is actually known as DHIL House.
--- see new in moneycontrol.com
DHFL, the country's fourth-biggest housing finance company, has roughly 1 trillion rupees ($14.15 billion) of debt, and owes about 400 billion rupees to banks alone. more  
Companies Associated With RAKESH WADHAWAN
Companies Designation Appointment Date
UNIMODE OVERSEAS LIMITED Director 20 October 2016
GOLDEN GRAND HOSPITALITY PRIVATE LIMITED Additional Director 13 February 2015

Companies Designation Appointment Date
BROADWAY PICTURES PRIVATE LIMITED Director 23 September 2011
SUANSA HOSPITALITY SERVICES PRIVATE LIMITED Director 02 March 2009
PRIVILEGE HOLDING AND INVESTMENT PRIVATE LIMITED Director 07 March 2016

Current Company Status Charges(₹in Lakhs) Appointment Date Industry

PRIVILEGE INDUSTRIES LIMITED Active 42000 18-03-2005 Manufacture Of Food Products And Beverages
DINSHAW TRAPINEX BUILDERS PVT LTD Active 500 4/3/2005 Real Estate Activities
HOUSING DEVELOPMENT AND INFRASTRUCTURE LIMITED Active 506732.05 4/3/2005 Real Estate Activities
PRIVILEGE AIRWAYS PVT LTD Active 9000 14-02-2006 Supporting And Auxilliary Transport Activities; Activities Of Travel Agencies
PRIVILEGE POWER AND INFRASTRUCTURE PRIVATE LIMITED Active 563021.17 20-12-2005 Financial Intermediation; Except Insurance And Pension Funding
PRIVILEGE DISTILLERIES PRIVATE LIMITED Active Nil 22-07-2006 Manufacture Of Fabricated Metal Products; Except Machinery And Equipments
PRIVILEGE HOLDING AND INVESTMENT PRIVATE LIMITED Active Nil 7/3/2016 Financial Intermediation; Except Insurance And Pension Funding
LASHKARIA CONSTRUCTION PRIVATE LIMITED Active 70 15-04-2012 Real Estate Activities
GURUASHISH CONSTRUCTION PRIVATE LIMITED Active 129500 8/11/2011 Construction

Potential Related Directors

Director Name

AMANPREET SINGH
ANU SARANG WADHAWAN
ARVIND PARSHURAM PATIL
ASHOK KUMAR GUPTA
ASHWINI KUMAR CHATURVEDI
ASLAM YASIN LASHKARIA
BHAVESH PRAMOD SHAH
DEEPAK KRISHNA GOPAL MAHESHWARI
DEEPAK SHIRKE MAHADEV
DESHPANDE NIRMALA
FRANCIS JOSEPH FERNANDES
GAUTAM MEHRA
GEETA RASIK SHAH
GUDENA JAGANNADHA RAO
HAZARI LAL
JAYESH TOKERSHI SHAH
KETAN TOKERSHI SHAH
LAKHMINDER DAYAL SINGH
LALIT MOHAN MEHTA
MAHESH SIDDESHWAR DONTHA
MANISH SURESH NARKAR
MANOHAR RAO VARALWAR
MINESH CHANDRAKANT SHAH
MOHAMMED VASEEM MOHAMMED ASLAM LASHKARIA
MOHD ARSHAD LASHKARIA
MONICA NARESH KAPOOR
PAWAN MEHRA
RAIEES YASIN LASHKARIA
RAJ KUMAR AGGARWAL
RAJESH KUMAR JHA
RAKESHKUMAR KULDIPSINGH WADHAWAN
ROMY PAWAN MEHRA
SAIMON FRANCIS DSOUZA
SANDEEP VEDPRAKASH SHARMA
SANDHYA BALIGA
SANJAY KUMAR SINGH
SANKET HEMANT PAWASKAR
SANTOSH VARALWAR
SATYAJEET YASHWANT HIRE
SHYAM SUNDER DAWRA
SRIPAD DESHPANDE MANIK RAO
SUDHAKAR GANDE
VENKATAVARATHAN NARASIMHAN IYENGAR
VIRENDRA VORA
VITHABAI VARALWAR
WARYAM SINGH more  
1) Stop indiscriminate importing of all items. It was a shock to me to know that scrap papers (in container loads) also have been imported - thus crippling domestic kraft papers industrIes( required for packing various items - 'in lieu' of polythene bags).
2) Increase productivity and infuse latest technologies in all spheres. For example - counting cash by a trader wastes his time to a large extent than for receipts by electronic means.
3) Be cruel to all forms of corruption. Easy money to a few hands have even chocked the judiciary. Well paid lawyers are experts obtain injunctions/postponements/adjournments, etc. The affected person only would ultimately give up. Such white collared criminals openly threatens/ridicules 'let him go to court', 'let him go to police', etc.
4) There is no dearth of demand of quality and economic (not cheap!) materials whether in the domestic or in international markets. Our strength need be identified, and opportunities explored. more  
1. States ruled by opposition/regional parties should not feel being ignored because that affects the economic growth of our country.
2. For example, Chandigarh have huge potential for economic growth like Gurugram governed by the state. However, bureaucracy had proved deterrent for the city and failed to strengthen infrastructure for development during last 53 years. That has  stalled the development and economic growth not only of Chandigarh, but Mohali and Panchkula too.
3.The investors interest has decreased in tricity due to following factors:-
(ii) Govt has scraped Metro project for tricity and no alternative mass rapid transport system is planned.
(iI) There is no stable policy environment in tricity due to Punjab and Haryana state capital city issue. Resulting lack of infrastructure affects economic growth in this region.
 (iii) Non starting of international flights from the International airport Chandigarh. Even the airport which serves UT and three adjoining states, is not notified under India’s Open Sky Policy to enable the operation of to-and-fro flights to ASEAN countries.
(iv) Conflit of interest between UT and governments of both the states in a shared capital results in absence of cordination.
4. In view of the above, Centre should look into  such important issues and support the states. This would help to contribute to the economic growth of states/region and country as a whole more  
Ineffective, illogical and inefficient actions have no meaning and can not address such issues associated with Economy. more  
Tamil translation of what our PM Modiji spoke in UN.

"இன்றைய தேவை என்னவென்றால், ஒருங்கிணைந்த அணுகுமுறையாகும். கல்வியிலிருந்து மதிப்புசார்ந்த திட்டங்கள் வரையிலும், வாழ்க்கை நடைமுறையிலிருந்து வளர்ச்சிக்கான தத்துவம் வரையிலும், அனைத்தையும் இந்த அணுகுமுறை உள்ளடக்கியதாக இருக்க வேண்டும். "

The same concept must be applied in all govt of India departments, so that every project from all ministries lead towards one single goal "equally developed India with no discrimination" more  
Post a Comment

Related Posts

    • Improving Governance of PSUs - Addl Inputs

      Members of various circles continue to report instances of corruption at Public Sector Organisations. Below are your key inputs to improve the functioning of PSUs in India. Kindly review and if you...

      By LocalCircles Manager
      /
    • Investigation Process for Company Frauds with PSU Banks: Inputs Sought

      In multiple circles, we have received posts from members which suggest that the CBI is taking a long time in acting on complaints of frauds in excess of 100 crores filed by public sector banks. Per...

      By LocalCircles Manager
      /
    • Ayodhya Verdict

      Great work by Chief Justice Ranjan Gogoi! A five-judge bench of the Supreme Court formed to resolve the Ayodhya dispute paved the way to build a temple through central government-monito...

      By Amit Mishra
      /
    • Ayodhya Verdict Tomorrow

      See attached everyone. Hope we all maintain peace and harmony.

      By Anushka Singh
      /
    • 3 years of Demonetisation: Findings and Inputs Sought

      Many of you participated in the LocalCircles survey on 3 years of demonetisation. Below, please find the link to the survey report. While increase in digital transactions are expansion of tax net a...

      By LocalCircles Manager
      /
    • Is the black money back in the economy? Inputs Sought

      Many of you may remember that this circle was the first collective community to call for demonetisation Oct 31 - Nov 8, 2016 before it was announced by the Prime Minister on Nov 8.Per the...

      By LocalCircles Manager
      /
    • ARE SOME LAWYERS HALF CRIMINALS ?

      In pre independent days, India has seen great scholarly lawyers like Mahatma Gandhi, Jawaharlal Nehru, Sardar Patel, Rajaji and others. Seeing the behavior of the present day lawyers, those belongi...

      By N.S. Venkataraman
      /
    • Jewellery Buying - Survey and Key Tips

      As some of you look to purchase jewellery today, we share with you the LocalCircles Trust in the Jeweller and Hallmarking Awareness Survey. Also included are member posts on how hallmarking works a...

      By LocalCircles Manager
      /
    • FDsin Nationalised and in Private Banks such as HDFC,ICICI,Yes banks etc etc

      Dear All Our FDs deposited in banks are insured up to maximum Rs one lakh,including it,s interest earned. The figure of Rs one lakh has been the same for the last couple of years and it h...

      By ANANTPADMAKAR AYYA
      /
    • How can Swachh Bharat 2.0 drive Swasth Bharat?

      The Swachh Bharat mission completes 5 years on Oct 2nd, 2019. The LocalCircles 5 years of Swachh Bharat survey indicates a clear gap in the area of poor cleanliness and sanitation leading to poor h...

      By LocalCircles Manager
      /
    • Buying Groceries Online: Inputs on issues faced

      Many of you who have been in circles know how LocalCircles worked with Legal Metrology Department to make best before date disclosure for food products mandatory on ecommerce apps, sites....

      By LocalCircles Manager
      /
Share To
Enter your email & mobile number and we will send you the instructions

Note - The email can sometime gets delivered to the spam folder, so the instruction will be send to your mobile as well

Please select a Circle that you want people to invite to.
Invite to
(Maximum 500 email ids allowed.)