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NITI Ayog Found DMICDC, RIL SEZs, Dholera, GIFT – All Scams



11.03.2017 12:08:54 - NITI Ayog Found DMICDC, RIL SEZs, Dholera, GIFT – All Scams:DMICDC, RIL-SEZs and Industrial Parks, Food Parks etc are all Land Grabs

(live-PR.com) - NITI Ayog Found DMICDC, RIL SEZs, Dholera, GIFT – All Scams
March10, 2017 (C) Ravinder Singh progressindia2015@gmail.com

It took 12 years for GoG and GoI to realize Dholera, GIFT, DMICDC, RIL-SEZs and Industrial Parks, Food Parks etc are all Land Grabs nothing else. There is no place for Dullards like Amitabh Kant or Arvind Panagriya in any AYOG.

SEZ idea in

 

99% cases was FRAUD when Value Additions were not even 10%.

I remember Sanjay Gandhi in 1973 acquired 100 acres of farmland to set up Maruti Car Project on Delhi-Haryana border, Suzuki Motors established factory on its site.

So it was never required to put up Factories in Industrial Estates located in cities on premium land.

Small Units were given so many concessions and Tax Breaks – locating Small/Medium Units in Industrial Estates meant no advantage.

Punjab & Haryana were largely electrified in 1970, 11 KV lines came up in every village – 11KV, 33KV, 66KV, 110KV lines were everywhere in India because most Indian towns particularly district headquarters were electrified before 1970.

Industrial Estates in Cities a. Made Indian Industry Uncompetitive, b. Polluted Cities, c. Traffic Problems and Clogging Highways, d. Fluctuating Power Supply, e. Slums and Contaminated Ground Water, Rivers.

An IITian failed twice in running a ‘LPG Cylinder Unit’ in Daruhera in Haryana and a ‘Mentha Oil Refinery’* in Sikandra, UP. Size of Industrial Plot was 5-10 times than required and costly, High Cost Labor, Electricity, Generators, operating from Delhi – the Indirect Operational Costs were many times Production Cost. *Mentha Refinery Unit was 1.5m in diameter & 2m-3m high but plot size was 2000 sq.mt.

India should MAXIMIZE investment in Plant & Machinery and MINIMIZE on Land, Building, Administrative Setup. Instead of –

Ø 2500-15,000 TPD Sugar Mill it is economical to have 1000 TPD Sugar Mills,
Ø 300-1000 TPD Rice Mill, to 10 TPD Rice Mill in every paddy growing village,
Ø 1 million LPD Milk Plant, to a 10,000 LPD Milk Plant every 3rd village.
Ø 200 TPD Flour Mill, to 5-20 TPD Flour Mill in every village.
Ø 650 TPD PEPSI Factory, to 20-50 TPD Food Processing Units in every village.
Ø Small & Medium non Polluting Factories in rural areas.
Ø Even in matters of Affluent Treatment Plant – it is economical to have small purpose built ATP than Common ATP.
Ø Almost all Industrial Estates like Mayapuri, Okhla, Jalandhar, Ludhiana, Chandigarh are well within cities could be moved to Free Zones.
Ø R&D CENTERS CAN COME UP ANYWHERE – ROOFTOP, GARAGE TO WORKSHOP.

Ravinder Singh, Inventor & Consultant, INNOVATIVE TECHNOLOGIES AND PROJECTS
Y-77, Hauz Khas, ND -110016, India. Ph: 091- 9871056471, 9718280435, 9650421857
Ravinder Singh* is a WIPO awarded inventor specializing in Power, Transportation,
Smart Cities, Water, Energy Saving, Agriculture, Manufacturing, Technologies and Projects

TRADE BODY (CAIT) & TALLY RAISE CONCERN ON GST LAW,
AFFECTING SMALL BUSINESSES

The biggest indirect tax transformation ‘GST’ will be upon us in a few weeks from now. The law makers are deliberating on the specific clauses and contours of it – so that the appropriate legislations can be passed. The Confederation of All India Traders (CAIT), the umbrella association for traders in the country & Tally Solutions Private Limited, a premier Indian software product company though extending their full support to GST, raise their concern of the impact on certain clauses of the GST Law on the Small Businessman.

More than 6 million businesses are due to fall under the GST net. Most of these people come from the SME community who are also key contributors to economic growth. These businesses suffer from uneven cash flows but are largely compliant. If availability of input tax credit is linked to payment of tax by their supplier, it will worsen the situation of these small businesses.

Speaking on the concern, Mr Praveen Khandelwal, Secretary General of the Confederation of All India Traders (CAIT) further added, “We are happy that the GSTC has cleared the way for the new law to get implemented. The trading community and other small businesses will benefit from the single tax regime undoubtedly. However, the provisions in the law to do with input tax credit availability if not corrected will be detrimental to their survival. ” CAIT National President Mr. B.C. Bhartia said that Input credit is the heart & soul of GST & therefore its smooth passage will encourage more & more traders to comply with the law efficiently.On behalf of the entire trading community, we urge the Finance Minister to remove this roadblock so that GST can be a great law for all-added Mr. Bhartia.

Mr. Bharat Goenka, MD, Tally solutions further added, “There is no doubt that GST will be one of the great levellers in the market, and open out the Indian market for the businessman. There are however certain provisions in the model GST law that will destabilize the SME community in the country. These provisions to do with ‘input tax credit available to buyer only if supplier has paid tax inside a given window’ and the even more frightening provision of the Government intending to make public a ‘Compliance Rating’ for all businesses will worsen their cash flow problems which are already uneven in nature and drive them to closure. There is a dire need to delink payment with the availability of input credit and GST is capable of providing that because it brings a lot of transparency being technology led thus giving tremendous security and protection against tax evasion.”

Under proposed GST law, input credit against the taxes paid by the purchaser can be availed only if the seller deposits the said tax with Government treasury. In the event of non- compliance at the end of seller, it is the purchaser who will be denied input credit. It is an anomaly which needs to be looked into for a smooth transition to the GST regime for businesses.


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