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Budget 2016 - What to Expect?

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Budget 2016 - What to Expect? Please fulfil election promises as mentioned below. In 2014, major election issues were food inflation and employment. Let us go back to election manifesto of ruling party, with a hope following issues will get due attention. S.No. BJP Manifesto for Food  Security and Sustainable Agriculture 1.          The following demand urgent solutions : economy including  agriculture, energy, environment including natural resources, education and health, employment, external and internal threats to security, empowerment, Governance, and erosion of moral and societal values. 2.          The BJP-led NDA Government's record of holding the prices is a demonstration of our commitment to break the vicious cycle of high inflation and high interest rates.  Our immediate task will be to rein in inflation by several steps, such as: put in place strict ...

Open Letter to Hon'ble Prime Minister of India to address challenges of common man

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Open Letter to Mr. Modi,  Hon'ble Prime Minister of India to address Challenges of Food Inflation in Budget To, Hon'ble Prime Minister of India Prime Minister's Office New Delhi Happy New year to you and your Cabinet colleagues. Now onwards, food inflation will be the major challenge for economic recovery of India. When average citizen is already spending more than 60% of income on food, and remain goes for house rent, medical bills, education, local transport, social security. After these basic needs, where is the money in the hands of consumers to purchase non-food items and support economic recovery. Where is the money to pay EMIs for housing, vehicles and other items.  People are not enjoying even festivals now a days due to inflation. Cost of education and healthcare is already becoming illogically high and no attempt is there to control these extortions imposed by essent...

In 2016, Food Inflation Management will decide Quality of Governance

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In 2016, Food Inflation Management will decide Quality of Governance By: Vijay Sardana International Agribusiness & Commodity Expert Blog: ‘Vijay Sardana Online’ It is high time to do the reality check before it is too late. I can also paint a rosy picture and create illusion that everything is good and great. Will it help the country?  We can choose to ignore the facts, but facts remain. Growing population, stagnant crop productivity, growing imbalance in food supplies, growing import dependency on pulses and edible oils, lack of feed and fodder for livestock sector, increasing labour cost, depleting natural resources like soil and water, rising pollution, poor agriculture infrastructure and essentials like irrigation and quality seeds will decide the food inflation in India. Lack of action on ground, poor extension services and lack of timely availability of quality agriculture inputs to farmers will add to pressure on food inflation. Per cap...

Food Inflation will derail Modi Development Model

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The Biggest Challenge for Modi Governance Model Food Inflation - Food Security - Farmers' Income crucial for Economic Growth Let us be clear that why Food Inflation, Food Security, Farmers' Income is and will remain be the biggest challenge for Mr. Modi. What percentage of income common man should spend on food? According to my understanding, if common man is spending more than 50% income on food, economy of that country will remain under pressure. Success of economic development depends upon surplus money in the hands of consumers after spending on basics like food, education and health.  The recent data on food inflation and industrial production data clearly indicates slow down is happening in Indian economy.  Industrial production is low because demand from consumers is going down. The surplus money to spend on non essentials is not there any more.  One can argue on media based on illogical justifications and statitics whether food is expen...

5 Key Management Lessons from Bihar Elections

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5 Key Management Lessons from Bihar Elections By: Vijay Sardana Bihar has once again proved that voters in election and Consumers in market will decide the fate of the party, product or the company. They are the King Makers. We should respect them and learn from them. If you are not able to understand them, it is our problem, don't shift the blame to other factors. Accept the fault and learn and move ahead. Neither Brand ambassador nor gimmicks of marketing by top management will please Voters and Customers. One must perform and deliver as per the promises made and expectation of Voters and Consumers to remain in business. I am sharing based on what I have seen based on my one-to-one discussions with political and business leaders in last few years. Bihar is just recent example and proved the following points. 1 Leadership and Board Room must listen to foot soldiers, without screens and layers, not just close network of key managers: Political and Corpo...