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Started by : Sarika Singh, Assistant Professor, BIT   05 20 2010 09:40:25 +0000
Industry : Public Sector/GovernmentFunctional Area : Innovation(Strategy & Execution)
Activity:  227 views;  last activity : 07 06 2010 20:18:09 +0000

Friends....

Auction for 3G licence ended yesterday, with bids for pan-India licence touching Rs 16,828 crore that ensures the government a revenue of Rs 70,000 crore, double the amount it expected to collect. This is really a good source of income for the government. But my doubt is whether they will utilize it in a proper way.

                                  

If you are asked to use it in a better way where would you invest ?

 
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1 2 3 4 5
1 Infrastructure, eradication of poverty and facilitate education
2 Renewable energy
3 INFRASTRUCTURE
4 agri- revival
5 ENERGY AND FOR EFFICIENT POWER DISTRIBUTION
6 Budget deficits
7 Providing the basic service to the people living in remote areas
8 Devise new ways Convert into Black Money
9 Dispose all waste & co-generate waster energies.
10 Emplyement and infrastructure
11 Govt to earn Rs 70,000 cr from 3G auction. Where should they invest ?
12 DISTRIBUTE FOR THE DEVELOPEMENT OF INDIA
13 Eradiction of poverty,Free education, Free Quality of food, Subsidies to farmers, eliminate deforestation.
14 To reduce food price.
15 govt need to use this fund to save water on priority. connect lakes and save water by doing water harvesting and etc.
16 Primary Health, Hygenic
17 Real Use - Distribute amongst politicians across parties...
18 Renewable energy.... high time to acquire and develop
19 1

Infrastructure, eradication of poverty and facilitate education

idea posted by George Varghese Proprietor, Jecyees

What we are really lacking in India is the infrastructures  which delays the developments. We have to give equal importance for eradication of poverty and make available more free education for the poor. Thus let our country grow. 

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by s.baalu , Consultant, XYZ LTD  | 06 17 2010 14:12:28 +0000

AMONG ALL THESE TOP MOST PRIORITY SHOULD BE GIVEN TO EDUCATION WHICH WILL HELP THE NEXT GENERATIONS TO BE KNOWLEDGEABLE,QUALIFY THEMSELVES TO EARN THEIR BREAD BASICALLY,TO MAKE THE COUNTRY MORE SELF RELIANT IN THE DECADES TO COME.

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Thanks for the referral Mr.Ravindra Sharma Ji.

My opinion is for infrastructure, eradicating poverty, facilitating education, and efficient power distribution. Today everywhere in our country we are experiencing frequent power cut which affects productivity as well as uncomfortable to all.Further during night time power cut is horrible/unbearable.

Our government should focus on providing the basic infrastructure facilities to all citizens of India. And It should take steps to eradicate poverty and to give  education to all children in our country.

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by Sachin Kumar, Legal Adviser  | 05 30 2010 16:27:21 +0000

Government should invest this money in these three areas because these areas needs more attention.

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Renewable energy

idea posted by Sarika Singh Assistant Professor, BIT

I will invest in renewable energy projects. :)

Today the major problem is power, the available resources are going down day day. And the government should invest in some good renewable projects and help the country to have a sustainable power supply.

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by puneet , Manager Admin  | 05 23 2010 14:24:52 +0000

hi sarika

definetly govt if earning so much then they should put into energy.

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by satheesh , M.B.A student, VYSYA College,Salem  | 05 21 2010 14:12:45 +0000

i completely agree with mr.nithin

 

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Very true Sarika.

But I put another idea here. Renewable energy sources and machines are not feasible due to their limitations of geography, except Solar energy, in context of India only.

I feel we should go for nuclear energy to catter our growing demand.

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INFRASTRUCTURE

idea posted by Krunal Kothari BDO, GLOBAL EXIM
I would appreciate if our government invests in INFRASTRUCTURE. We should build more International Airports. This will help all the people coming to INDIA. This include the travellers, medical tourists, sports people coming for Common Wealth games. This will also help INDIANS to go abroad for different purposes. INFRASTRUCTURE also includes Roads, Highways, Metros, Energy, Schools, Colleges etc. Also govt should invest in Windmills, our country can make a lot of money in CARBON CREDITS.
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by Rathin Deb, Freelance Retail Consultant  | 05 31 2010 06:20:49 +0000

Though I agree with Kunal at the same time in large deficiet economy the government is the best judge where and how to spend and with so seasoned finance minister I think we should leave it to them.

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infrastructure is a top priority for India at this critical point in time. It will help the country to leapfrog other countries and capitalize on the improvements made over a period of time. Good infrastructure also helps to ensure that the benefits can be shared among all the members....

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by ujjval jain, Retail, Retail  | 05 20 2010 11:20:34 +0000

And of course for poor & deprived,,,for drinking water,,sanitation,,toilets,,,they badly need these...

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agri- revival

idea posted by parwati singari Lifestyle coach., Indepenent practise
we should focus on agri revival and envoirnment issue
1
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ENERGY AND FOR EFFICIENT POWER DISTRIBUTION

idea posted by Nitin M Aras Head/VP/GM-Tech. Support, ODTIN Food Solutions Pvt Ltd

Energy demand has increased tremendously, and Govt. does not have any solution for this. Our most of the existing hydel plants are inefficient or old means under performing. Thermal power stations are the same case and they are also facing the problem of COAL. Better to take initiatives on

NUCLEAR ENERGY - development of nuclear reactors for power generation.

Replacement of inefficient distribution system.

These are I feel two core initiative to focus, it would be a better utilization of this earning.

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by malladi madhukumar, AGM -MKTG, Andhra Cements Ltd  | 05 21 2010 12:29:09 +0000

I agree with Nitinji. There is lot of power shortage inthe country which is hampering development , production of industrial, agricultural sectors. 

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Budget deficits

idea posted by Venugopal K AM ( Lean tools), SPB Limited

I fear that this fund may not be utilised in a proper way. But there will be plans and allocations in infrastructure and basic needs of poor and downtroden. But ...who knows? Previous experience told that 25 % of the money is gone away with some selected individual's pockets. 35% goes to adjustment in the current budget deficit. Remaining utilised for the deficits araised by Planning Commission. Interpretation costs are high to make up that this fund is utilised properly. Thanks.

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Providing the basic service to the people living in remote areas

idea posted by Krishna Bhardwaj Lyrics Writer, Freelancer
I suggest this money is to be invested/spended for providing the basic service/facilities to the people living in remote areas. If we want to claim that we are advanced and progressive we must up bring the status of the people living in remote areas. This thing will also help in reducing the Maoists activities. If all the places will be reachable and people will be connected with the main stream certainly there will be a fall in the support to the Maoists.
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Devise new ways Convert into Black Money

idea posted by Ravindra Sharma Managing Consultant, CHEF-India

India is already collecting a lot o money. The problem was never what comes in. The problem forever was, is and shall remain, as How and where it gets spent.  

And since this factor is not even in sight of any one entrusted chances of most of this money finding known routes are the greatest and the experts must be on job.....I am quite certain.

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Dispose all waste & co-generate waster energies.

idea posted by KALIYAMOORTHY Oil & Gas Area Coordinator, Undisclosed

India is full of dirt accumulated all over irrespective of the class of the city.We need a thoughtful ways and means to dispose off all kind of wastes. Plenty of energies are hidden it can be useful.Clean India creates so many side effects that can be harvested.

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Emplyement and infrastructure

idea posted by Moparthi Sai Ramya Sree Software Developer, Virtusa (India)
to provide more opportunities to the young graduates and to improve the business we need to invest in these areas
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Govt to earn Rs 70,000 cr from 3G auction. Where should they invest ?

idea posted by Mukund Pandey Manager, Confidential

Dear Friends,

Well,we all of us know in advance that what is going to happen of these revenue generated by the action of 3G.We people always provide our idea for our system but end of the day nothing happens accordingly.In fact the body which governs the monetary system of our government their analysis also does not matter for them who are sitting in the system.Ultimately this nation has need of Great Revolution to fight against the odds and unethical leaders who just rules over us although does not deserve.

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DISTRIBUTE FOR THE DEVELOPEMENT OF INDIA

idea posted by Manoj Kumar Sr: Manager - QA, ARCHETYPE GROUP, INDIA

The money should be used for the developement of India

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Eradiction of poverty,Free education, Free Quality of food, Subsidies to farmers, eliminate deforestation.

idea posted by Ajay surya Kongara SCM Consultant,, Hewlett-Packard
First Eradication of poverty, Providing free education and quality food to children.Second comes to providing Good water to all sections of people in India always. Next giving Subsidies to Farmers . Most prioritisation should be given to eliminate Deforestation as much as possible and improve forestationThis is the major concern in Global warming.Now a days Cyclones are comming mainly due to Deforestation.Thousands of crores invested in cultivation becomes useless, unless we plant trees . After that Removing Slums in all Major cities and towns as much as possible.It will greatly improve better Life standards in the weaker sections of people and mostly reduce crime rate.Crime is comming mainly due to Human needs. If we provide good life standards, Ultimately such crime rate goes down drastically. Then providing better self employment facilities to weaker sections by providing training and educating them . Next prioritisation will be given to reduce dependency on petro chemical fuels. We should think of Alternate resources for power generation purposes. We should think of alternatives .So we should spend money on Research and development
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To reduce food price.

idea posted by vikash kumar CEO/MD/Director, gsv services

Any one can do any activity if he is not hungry.Govt need to use it to reduce the food price(rice,Dal,flour).We know their is a large no. of peoples which is not be able to purchase  food for their family.if any one is hungry,they can't do any activity like education,works. thus the most important thing is to invest that unexpected money in reducing the food prise. 

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govt need to use this fund to save water on priority. connect lakes and save water by doing water harvesting and etc.

idea posted by Navin Atolia Real Estate Agent, Atolia Properties
govt need to use this fund to save water on priority. connect lakes and save water by doing water harvesting and etc. and I support vikas to reduce price of foods
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Primary Health, Hygenic

idea posted by Syed Thameem Telecom Consultant - Senior, Consultant
India is worst in the Hygenic. We need to create awareness to our citizens.
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Real Use - Distribute amongst politicians across parties...

idea posted by Nilesh Jain Project Manager, A Leading Media/Telecom Co.

Realistic utilization would be like...

1) Create schemes to:

a) woo n lick minorities

b) distribute it to so called poor

2) Head these schemes

3) Receive funds on fake names under such setups

Thats simple...!

Sorry for inconvenience, if any.

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Renewable energy.... high time to acquire and develop

idea posted by pravin kumar PG Diploma in Mgt. student, SSIM
Infrastructure, poverty and education are some issues that is being consistently addressed by the Indian government, but its success is always visibly questionable. But, very recently the world has been able to realize that energy sources are depleting at a pace much much higher than was expected and soon we would be left with nothing and this would be highly unimaginable and would bring the world at a stand still. So, in the name of this frightening awakening, we must work towards the sources of renewable energy so that we can exist with whatever we have instead of struggling for a better infrastructure, education and prosperity. Please note that 50 years was not less time for government to improve the levels of education and poverty. Moreover, there was not much restriction on how much to spend on these primary needs, but still the situation needs no explanation to anyone. Also, due to lack of power or energy resources, we are not able to utilize the already existing infrastructure. In light of these facts, I think , this time mere 70000 crore would not make much difference in eudcation, poverty levels and infrastructure, but if invested wisely and plans being executed properly and sincerely, we may improve the overall situation of the country due to renewable energy resources. Let's do something concrete this time.
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idea posted by dinesh kumar sharma ZONAL SALES MANAGER - NORTH, WOCKHARDT LTD
POWERTY ERADICATION N DEVELOPMENT.
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