Population of India

Think Seriously on 30-Oct-2017: 

Population: Many may know it already, but let me refresh our info about Population. The latest figures are: (0) World- 7.58 Bn, (1) China- 1.40 Bn, (2) India- 1.34 Bn, (3) USA- 325 Mn, (4) Indonesia- 265 Mn, (5) Brazil- 215 Mn, and so on. Our state of Uttar Pradesh has a population of 225 Mn. If it was a separate country, it would be the 5th most populated country in the world. Delhi and NCR population at 22.5 Mn is almost that of Australia at 24.5 Mn. Every year we are adding one Delhi NCR or an Australia to our population. At this rate within 5-8 yrs we will surpass China. What does it imply?

Though, there is some positive signs like a strong young population, more working hands, there is a bigger dark side to it. Like more mouths to feed, more starved / semi-starved jobless people, more stress on resources. Remember we are a poor country- roughly 30% don’t get a square meal a day, another 30% don’t get two square meals a day. Our education and training systems are such that we don’t have good quality / productive white collar / blue collar workers. Moreover, the huge mass is a burden to any public service like, transport, agriculture, housing, education, health, public works, banking and so on. Past experience shows no remedial measures work.

Service Tax

Points to Ponder, on 9-10-2017:

Service Tax: Ever wondered that there are service taxes for only the sake of it and without the service in reality in some cases. Let’s take the examples of Bank Penalty, or Life/General Insurance where there is no Claim. The Bank imposes a penalty for certain conditions not fulfilled by the customer. But is it a service rendered by the Bank? Think over! The Insurance contract is an agreement for the Insurance Company to provide service in case of an emergency or eventuality. So no claim means no services rendered. The GoI should find out where there is a service actually rendered and then tax it. What do you say?