BIKASH
CHOUDHURY
Ponzy schemes have taken a heavy toll of scamsters,
politicians, real-estate builders in recent CBI
investigation in Odisha and West Bengal . The amount
swindled from poor depositors estimated to be about Fifty Thousand Crores of
Rupees. The bottom line is as long as the craze for higher return exist such
scamsters would reappear again and again in newer avatar; unless Govt. steps in
a substantive manner. Modi Govt. could create a virtue out of the huge demand
for “Investment Products” with 20-25 % return in a year. Indian infrastructure
sector need huge funding to make World Class Infrastructure available to its
people in next decade. One important aspect of fulfillment of Infrastructure
need in the country is mostly overlooked—that is the capacity of infrastructure
sector to pay for itself if done in a time frame. If our country at one stroke
provide for World Class Road ,
Rail, Air connectivity and Inland & Coastal shipping services in a period
of ten years then the savings accrued and productivity enhanced could pay for
the infrastructure more than proportionately to its investors. Govt. has taken
series of steps to improve the FDI climate to attract investment from abroad in
various sectors of the economy including the infrastructure sector. It is now
time to aggregate the domestic investors for sunrise infra sector. The other
benefits could be the demand for yellow metal as investment option would come
down substantially reducing the pressure on current account deficit.
No comments:
Post a Comment