Something is going to happen in Saudi Arabia, some of them have already received a indication before a letter. Although at that time nobody was aware that any major action is going to take place, in which a Five Star Hotel will have a big role. These people were staying at this hotel.
Guests present at Riyadh's luxurious hotel Ritz Carlton on Saturday November 4 are reported that 'due to the unexpected booking done by the local administration, we are unable to accommodate guests ... until all is normal.'
It was told that due to this booking, strict security arrangements have to be made. At the time the information was being given, the action had already started. Within a few hours the security forces took some of the big political and business figures of Saudi Arabia into their circle. Most of these were from the capital and the coastal city Jeddah. Among the arrested people, besides 11 princes, there were also many ministers and rich men.
Some people were called for a meeting, where they were taken into custody. Other people were arrested from their homes and taken to Plane from Riyadh. In a short time the luxurious Ritz Carlton Hotel was transformed into a temporary prison.
A number of restrictions were imposed on people detained.
This action was taken on the order of 32-year-old crown prince Mohammed bin Salman. Officially, he is the contender of the throne after his father, King Salman.
Some believe that they are running the country. Crown prince wants to make Saudis a modern nation. To strengthen his hold on this and power, he took a major decision to take action against Saudi elite class, including some people of the royal family. There were many serious allegations of such people being involved in corruption and increasing the cost of business projects. However, the side of the arrested people did not come out.
With this development, the political stability of the world's largest producer of oil is in danger. Crown prince's ability to govern now will depend on how successful this action is. Crown prince believes that the country does not change, then the economy will get stuck in a serious crisis and it can create turmoil. This can be a challenge for the royal family and the country will weaken against regional rival Iran.
Prince Mohammed's cousin and chief of powerful National Guard Mutab bin Abdullah has also been kept in this hotel. Mutab was in his farmhouse in Riyadh, when he was called for a meeting. It was not usual for the senior sitting officer to call this way in the night. But nobody doubted.
These days there is a tremendous rise in the royal family of Saudi Arabia. So far, 201 people have been detained in the anti-corruption campaign. In the campaign launched by Mohammad bin Salman, the future king of Saudi Arabia, there is a screw on top officials and former ministers, including 11 princes of the country.
It is being told that the 32-year-old prince has emerged as the most powerful figure of the Saudi regime. According to experts, that day is not too far, when they will be made the sultan of Saudi Arabia. King Salman is weak and sick, he can leave the crown anytime. He can ever announce Crown Prince Salman as King.
According to the experts, Crown Prince is still running the country. Muhammad bin Salman was born on August 31, 1985 and is the eldest son of King Salman bin Abdul Aziz al-Saud's third wife Fahdah bin Falah. After receiving a bachelor degree from King Saud University in Riyadh, Prince Mohammad Salman worked in several government sectors. King Salman had made two important changes as soon as he took over the power and made his son closer to power. At that time, Prince Salman became the world's youngest defense minister at the age of only 29 years.
India's doctor or primary care consultant gives patients two minutes only. It has been revealed by a research. This is revealed in the largest international research on medical consultation.
The situation is even worse in neighboring countries of Bangladesh and Pakistan, where consultation time is only 1.3 minutes from 48 seconds.
This research was published on Thursday in Medical Journal BMJ Open. In contrast, in countries like Sweden, America and Norway, the average time of consultation is 20 minutes.
This research was done by researchers from many hospitals in the United Kingdom.
It has been said in the journal, "It is a matter of concern that 18 countries where 50 per cent of the world's population live. The average consultation time here is 5 minutes or less.
According to the study, patients are spending more time on pharmacy or eating antibiotics and their relationships with their doctors are not as good.
Reduction of consultation time means that there is a big problem in the healthcare system. In the context of India, local experts say that these hospitals show crowd and a lack of primary care physicians. Primary care doctors are different from consultants who are trained in a particular branch of medicine.
Nobody was surprised by the fact that the consultation in India got two minutes. Health commentator Ravi Duggal says, "Everyone knows that doctors are able to give patients less time due to crowding in hospitals."
According to Dr Duggal, "There is no new thing that doctors get confused with the symptoms of patients."
In the private clinics and hospitals, this is also the case of the crowd. Here doctors only ask questions and can perform very little physical examination.
There is a difference in diseases in the Western and Indian consultations. Dr. Suhas of Maharashtra explains, "In Sweden, patients have a Psychosocial problem rather than viral fever. In the same India, if the doctor has information about any particular virus in the air, then they can easily treat many people." In the BMJ Open Study, the poor condition of health services of many countries was noticed.
The Paradise papers leaked on the lines of the Panama Paper include the names of 714 Indians, including the ministers of Modi Government, BJP and non-BJP MPs, Bollywood celebrities.
Union Minister Jayant Sinha, BJP's MP RK Sinha from Bihar, former Union minister and Congress MP Veerappa Moily, P Chidambaram's son Karti Chidambaram, Bollywood star Amitabh Bachchan, Sanjay Dutt's wife Manyata Dutt names are in this document.
The data of paradise paper contains the names of 180 countries. Of these, India's position is 19th. The total number of 714 people in India is in the list of Paradise papers.
This has been disclosed by paradise documents issued by the US-based International Consortium of Investigative Journalists (ICIJ). The same organization had disclosed Panama documents last year, which created a storm in the politics of the world. The Indian Express is a member of the ICIA and has examined all documents related to India.
Congress spokesman Randeep Singh Surjewala demanded resignation of Union Minister Jayant Sinha and said that his party welcomes every kind of investigation.
Union minister Jayant Sinha has given a clean sweep. He said that when I was not in politics, then I did this for company, not for myself. I made this information public.
Sanjay Dutt's wife Manyata Dutt (Dilnashin Sanjay Dutt) is also named in Paradise Papers. Recognition came before the marriage of Sanjay Dutt and came in the light of an item song from Prakash Jha's Gangajal (2003). She is a member of the Board of Sanjay Dutt Productions Pvt. Ltd. Apart from her husband's company, there are several other companies on board which include Diqssh Energy, Sparkmatics Energy Private Limited, Diqssh Reality Private Limited, Brick By Brick Realities Pvt. Ltd., DuTo Commodities Pvt Ltd, Diqssh International Private Limited, Seventy MM Movies Pvt. Ltd. and Transparency Entertainment Pvt. Ltd. etc.
On the name of Paradise Papers, the BJP's Rajya Sabha MP from Bihar, Ravindra Kishore Sinha has written and responded that is his silence fast.
When the reporter of the news agency ANI wanted to know the reaction from them, Sinha asked for a pen with gestures and wrote on the paper, "is silence fast in the Bhagavat Yagna of seven days."
BJP's Rajya Sabha MP Ravindra Kishore Sinha is also named after Paradise Paper leaked on the lines of the Panama Paper. Sinha has been elected Rajya Sabha MP from Bihar in 2014. He is one of the richest MPs in the Upper House of Parliament. Sinha is a former journalist who has established a Private Security Service firm named Security and Intelligence Services (SIS).
Film actor Amitabh Bachchan became a shareholder of Bermuda's digital media company after the first edition of 'Kaun Banega Crorepati' (KBC) 2000-02. Prior to launching the Liberalized Remittance Scheme of the Reserve Bank of India (RBI) in 2004, all Indians had to give information about the investments made abroad. It is not clear whether Amitabh Bachchan gave this information to the RBI or not.
The German newspaper Süddeutsche Zeitung receives around 14 million documents related to the corporate registrations conducted in 19 tax heaven countries, Bermuda's company Applebie and Singapore's Asiacity Trust. The German newspaper shared this document with the International Consistory of Investigative Journalist (ICIA).
The documents of Paradise Paper have revealed that US Commerce Minister Wilbur Ross has business relations with the company associated with Vladimir Putin, President of Russia's associates, while the Queen of Britain Elizabeth II invested in overseas tax-saving places.
It has also been disclosed in the document that funding for Canadian Prime Minister Justin Trudeau and senior adviser Stephen Bronfman, together with former Senator Leo Colber, has invested about $ 60 million in overseas tax holidays.
In India, the debate in Pros and cons of the notes ban imposed by Prime Minister Narendra Modi last year - is continue. PM Modi announced the closure of old notes of 500 and 1000 rupees from 12 o'clock the same night on 8th November 2016 with immediate effect.
Upon completion of one year of the notes ban, Tafts University economist Bhaskar Chakraborty has reviewed this decision of the Modi government in the Harvard Business Review.
When the notes ban was imposed, about 86 percent of India's total cash was in the form of notes of 500 and 1000 rupees. Due to the notes ban, the whole country was frantic. Jobs of countless people went on, the notes ban was held responsible for the deaths of dozens of people.
According to Professor Bhaskar Chakraborty, notes ban was the decision without proper thinking and this has had a negative impact on the Indian economy, especially the poor.
According to Bhaskar Chakraborty, the rest of the world can learn four lessons from the decision of the notes ban. Read the following: What are those lessons in the opinion of Bhaskar Chakraborty?
First lesson: Choose experts carefully
According to Bhaskar Chakraborty, there are contingent results of any policy, so some basic exercises are necessary before applying them. Prior to implementing any policy, it is important to know the consolidated views of the particulars of the economy, business and technology sector. This becomes even more important in countries with complex economies like India.
Bhaskar has written that in India, the Modi government rejected the opinion of a capable man like Raghuram Rajan against the imposition of notes ban.
Bhaskar writes that so far it is not completely clear that the experts who took the opinion from the Modi government for the notes ban.
Bhaskar writes that before taking decisions with far-reaching effects like notes ban, there should be a transparent process of knowing the opinions of experts, statistics and their analysis and it should be officially recorded. Even if this is done secretly.
Bhaskar believes that the governments of democratic countries have the responsibility to respond to questions related to the preparation of their decisions.
Second lesson: Do not ignore basic data
According to Bhaskar, the purpose of all policies is for philanthropy, but every policy decision has some negative side. The decisions taken in the benefit of the masses prove to be heavy for any section of the society.
According to Bhaskar, it is important to assess fact-based profit-loss before any policy decision.
According to Bhaskar, before applying any policy, the basic data associated with them should be analyzed. If there is a high risk in implementing the policy, then before proceeding it should find answers to the questions raised on it. The main reason behind the notes ban was the intention to curb corruption and black money.
According to Bhaskar, many experts also praised this courageous decision of Narendra Modi, and the result of the recent regional elections proved its popularity, but some fundamental things related to it were not taken care of.
According to Bhaskar, first of all, the government should have been very careful about the decision to declare 86 percent cash in a jerk as unlawful because it was a feared tremor in the economy. Apart from this, 90 percent of India's working class works in the unorganized sector, which gets cash payment. It was difficult to ignore this double blow on the country's economy. Third, according to the recent analysis of income tax department, cash unclaimed income in the Indian economy is around 6 percent of the total economy. That is, the aim of the notes ban was wrong. Clearly, most of the country's undeclared income is present in the form of non-cash assets. All these figures are already present and those who applied for the notes ban should stop seeing them.
Lesson three: Keep in mind the human behavior
According to Bhaskar, before applying any policy, it should be taken into consideration for practical difficulties to be taken during landing on the ground. That is, the policy-makers should think about how people in the grassroots should behave.
According to Bhaskar, this important aspect of policy determination is how precise the way you treat the common practice beforehand.
According to Bhaskar, in the case of the notes ban on the Modi government missed it. The government could not figure out that people will not easily leave the money. They took out many thieves to escape on the notes ban. For instance, after notes ban some people who had thick black money gave their money to the brokers on a few percent commission, which divided the money to the common people by distributing that money and black money became white money.
Bhaskar has cited the latest figures of RBI, according to which about 99 percent of the deposits in 500 and 1000 rupees came back to the banks after the notes ban.
According to Bhaskar, it is clear from the figures that the basic reason for turning of black money into junk was proved to be wrong.
Fourth Lesson: Beware of Digital Tablet of silver
According to Bhaskar, the spread of mobile communication and digital technology often leads to confusion that these things can change overnight. One of the reasons for this is that the companies that occupy these things, offer their product and technology as a panacea for every disease.
Bhaskar believes that mobile and digital technology are very helpful in improving the system, but without basic preparations it is not advisable to fully depend on.
Bhaskar admits that the same happened in the case of the notes ban. When the Modi government failed to compensate for the shortage of cash after the notes ban, changing its agenda, it started giving the steps taken towards the digitization of the economy. The Modi government has started pushing India into something more rapidly in the digital age.
According to Bhaskar, according to the latest data of RBI, there was an increase in digital transactions at the time of the notes ban, because in the first few months people had no other option, but later it gradually decreased.
Bhaskar writes that the decision to close 86 percent of the cash to promote a payment platform is inconceivable.
While the Narendra Modi government is moving ahead with plans to run a bullet train between Ahmedabad and Mumbai, an RTI (Right to Information) application has found that 40% of seats in trains in this region remain vacant, and Western Railway is facing huge losses.
In response to the RTI received from Anil Galgali, Mumbai's worker, the Western Railway has said that the area has lost 30 crore rupees in the last three months, i.e. loss of Rs 10 crore per month.
Galgali said that this bullet train raises serious questions on the viability of the project, no matter when it is constructed.
He said, "The Government of India is going to spend more than Rs one lakh crores on the bullet train project in extreme exaggerations, but he has not done his homework properly".
Indian Railways also admitted that there is no plan to run a new train in this area as it is already in deficit.
Galgali had asked the question how many seats are filled with trains between the two cities? Western Railway said that in the last three months, 40 per cent seats have been vacant in all the trains of Mumbai-Ahmedabad region, while 44 per cent seats in Ahmedabad-Mumbai trains are vacant.
Manjeet Singh, Chief Commercial Manager, West Railway, gave information about the seats of all the major trains of Mumbai-Ahmedabad-Mumbai route in response to the RTI. This includes Duranto, Shatabdi Express, Lokshakti Express, Gujarat Mail, Bhavnagar Express, Suracsha Express, Vivek-Bhuj Express and other trains. The most popular train in this area, the 12009 Shatabdi Express has a capacity of 72,696 seats in the Mumbai-Ahmedabad route, out of which only 36,117 seats were filled during the July-September period, whereas the same train will have a total of 67,392 seats on the Ahmedabad-Mumbai route. 22,982 seats were booked only.
This train was once full of all the seasons, but now it is going on in losses. Galgali pointed out that given the current scenario, where people are traveling more than the aircraft, it has become easier to travel between the two cities on the road. The Center and the Gujarat government should review expensive options such as a bullet train so that it is not proved white elephant for Indian taxpayers.
Addressing the Karnataka Legislative Assembly on Wednesday (October 25), President of India, Ramnath Kovind said that Tipu Sultan is a warrior fighting martyr fighting against the British. They made significant contributions to the development of Mysore rockets and used them best during the war.
Addressing the joint session on the 60th anniversary of the Karnataka Legislative Assembly and Legislative Council, he said this.
It is noteworthy that in the last 18th century, there was a controversy when celebrating the birth anniversary of the King of Mysore, when the Union Minister of the Modi Government and the BJP leader called him "Mass Rapist". Union Minister of State for Skill Development Anant Kumar not only refused to join the program but wrote a letter to senior officials of the Karnataka Government and tried to stop them from joining the event.
The descendants of Tipu Sultan started preparing for legal action against Ananth Kumar.
Karnataka Chief Minister Siddaramaiah has criticized the statement of Union Minister for his criticism saying that as a Union Minister, he should not such a comment and write a letter.
He informed that in the Tipu Sultan Jayanti program, a letter is sent to all Ministers, Union Ministers and other dignitaries of the state, whether or not to attend the function depends on their wish. CM Siddaramaiah said that it should not be made a political issue.
He said that Tipu Sultan fought four wars against the British rule.
For information, please inform that the government has organized Tipu Sultan's birth anniversary on November 10. The Karnataka government is celebrating the birth anniversary of Tipu Sultan from 2015.
Tipu Sultan was the great ruler of the Mysore kingdom in the 18th century. He had considerable care for the problems of the people. Thus, during their rule the farmers were happy, despite being a hardcore Muslim, they were secular. He looked at Hindus and Muslims with a glance. He was also very reformer and he tried to improve the direct area of governance. Tipu Sultan was the greatest ruler of Mysore.
Tipu is known as the lion of Mysore. In addition to the competent ruler, Tipu was also a scholar, Skillful commander and poet. Tipu Sultan gave gifts to many Hindu temples.
The English used to be very scared of them. The picture of Napoleon was visible to the British in Tipu's shape.
The RSS and BJP are trying to spoil the image of a great ruler like Tipu. Since Tipu Sultan was a great Muslim ruler, therefore RSS and BJP are targeting him so that they want to capture the power in Karnataka.
In the last few weeks, Congress Vice President Rahul Gandhi has become extremely popular on Twitter. Some of Rahul's tweets have been retweeted by most people. BJP has become disturbed due to the growing popularity of Congress Vice President Rahul Gandhi on Twitter.
Question of being questioned by ANI sponsored report on Congress vice president Rahul Gandhi's Twitter account. There is a debate between the Congress and the Bharatiya Janata Party regarding this sponsored report of the ANI.
ANI has said that after seeing Rahul Gandhi's OfficeofRG Twitter handle, some questions arise. The report has been questioned whether 'bots' are being used to make Rahul popular on Twitter?
On the other hand, Congress has alleged that the story is being fabricated by targeting Rahul Gandhi.
Twitterbot is a type of software that controls Twitter account via Twitter API. The boat software itself can increase the activities of retweets, likes, follow and unfollow.
Through this, the message is sent directly to any other account. In any person's Twitter account, there can be a large part of the likes, retweets and followers, in which there is no role of human hand.
Through the ANI sponsored report, Congress is being tensed on behalf of the Bharatiya Janata Party. Union Minister Smriti Irani tweeted, citing an ANI report, "Maybe Rahul Gandhi is preparing to contest elections in Russia, Indonesia and Kazakhstan?"
Congress leader Shahzad Poonawalla has responded to this attack by BJP. Congress leader Tahasin Poonawalla attacked on Smriti in question. Poonawala has tagged Smriti Irani and asked why is 'Prostitution Agency' re-tweeting PM Narendra Modi's tweet ? (Namaskar @ BJP4India SM cell & respected @smritiirani ji ma'am. Why are "escort agencies" re-tweeting my hon @narendramodi ji? 15th oct)
Like Ani has given an example in Rahul's tweet, Poonawalla has also introduced those who have been re-tweet to the tweet of Prime Minister Narendra Modi.
Poonawalla has also put forward some such people who have been re-tweet Modi's tweets, whose accounts seem suspicious.
Railway Minister Piyush Goyal has also targeted Rahul Gandhi in this matter and called him Farji Yuvraj. On Goyal's remarks, Congress spokesperson Sanjay Jha said that the Railway Minister is playing twitter games and the common man is struggling for a ticket.
Sanjay Jha has said in another tweet, "The entire Modi government is engaged in attacking Rahul Gandhi by resorting to a lucrative and sponsored report. BJP, why am I feeling that your end has begun? "
Another Congress spokesperson Priyanka Chaturvedi tweeted, "Why does not the Modi government make a full-time minister to attack Rahul Gandhi, in such a way other ministers will be able to do their job."
Several Congress supporters have given a sharp reaction to the support of Poonawala and against Smriti Irani's tweet.
Kannada actress and leader Ramya, who is seen in charge of the Congress's social media, attacked Smriti Irani while writing that why we need them, when you are?
In another tweet, Ramya wrote, "The story is factually incorrect. I understand your curiosity and the motivation of the Bots Janata Party. "(Story is factually wrong. Can you understand the I & B Ministry and the Bots Janata Party.)
Many other users also have tense on Smriti.
Bharatiya Janata Party has been surrounded by criticism of its own senior leaders and former leaders for some time now. This time, BJP's ex-chief minister of Gujrat attacked the Prime Minister Narendra Modi and the BJP in Gujarat.
Suresh Mehta was the Chief Minister of Gujarat from October 1995 to September 1996 of BJP. But he feels that the BJP's position may be in a turbulent phase in the forthcoming Gujarat elections.
According to Mehta, the BJP government in Gujarat has been taking decisions for anti-farmer and corporate interests. In the interview given to the news website 'The Wire', Suresh Mehta claimed that "Gujarat model of development will not sell this time ... Gujarat model is only a junkie of words. The truth about Gujarat lies in some other story."
When Narendra Modi was made Chief Minister of Gujarat instead of Keshubhai Patel, Mehta was in his Cabinet.
Suresh Mehta told The Wire, "In the year 2004, the Comptroller and Auditor General of India (CAG) reviewed the financial condition of Gujarat. At that time the state government had debt between four and six thousand crores. Therefore, the CAG had warned the state not to be caught in the vicious circle of debt. But the government ignored the matter of CAG. According to the latest budget presented by the state government, in the year 2017, the debt on Gujarat has increased to one lakh 98 thousand crores. These are not my figures. These are the government's own figures. In February 2017, the state government has announced in a statement issued under the Gujarat Fiscal Responsibility Act 2005."
Suresh Mehta also accused BJP's Gujarat government of reducing the exemption given to farmers. Mehta told The Wire, ".... the same document shows what is the priority of the Gujarat government. The exemption (subsidy) to be given in the agricultural matter, which is being received by the farmers, is continuously decreasing from the financial year 2006-07. In the financial year 2006-07, Rs 195 crore and Rs 408 crore was given in the financial year 2007-08, which has been reduced to Rs 80 crore in the financial year 2016-17."
Mehta alleged that the BJP government of Gujarat, along with reducing the wages of the farmers, is increasing the exemptions in energy and petrochemical sectors that benefit the traders like Adani and Ambani.
Mehta said to The Wire, "... ... compare the exemption of this (farmers) exemption to the energy and petrochemical sector, which runs Adani and Ambani. In the financial year 2006-07, the exemption of 1873 crore received from these sectors increased to Rs 4471 crore (revised figures) in the financial year 2016-17.''
Mehta claimed that the budget of food and supplies affecting the poor and the common people also reduced by the BJP government from Rs 130 crore to Rs 52 crore.
Mehta alleged that PM Narendra Modi had announced that the money from Sardar Vallabhbhai Patel statue of 'Statue of Unity' was also being funded from the Narmada project fund.
Mehta claimed that the Finance Minister of Gujarat told in the Legislative Assembly that Rs. 3000 crore has been given from Narmada project fund to make idol of Sardar Patel.
Mehta asked, how can the government spend money for the funding of irrigation and the farmers' interest on the idol?
Mehta surrounded Narendra Modi and said that before coming to his top, BJP was a different party.
Mehta told The Wire that he left the BJP 2007, due to the differences that started in 2002, from Narendra Modi.
The Election Commission has not announced the dates for assembly elections to be held in Gujarat, but before that, Gujarat has already been in the election mode.
Congress Vice President Rahul Gandhi is visiting Gujarat several times. Prime Minister Narendra Modi has also visited Gujarat three times in a month.
It is believed that in the 2014 Lok Sabha elections, the wave in India, including Gujarat, is not the wave today in BJP's favor.
In the 2014 general elections, BJP won all 26 Lok Sabha seats in Gujarat. At the same time, The BJP were cast 60 percent votes, but in the current period, the popularity of BJP and Prime Minister Narendra Modi has decreased considerably.
Perhaps this is the reason why Prime Minister Modi has to visit his home state repeatedly so that he can save his fortress.
In fact, after Narendra Modi went to Delhi from Gujarat, there was a vacancy in Gujarat BJP. At the same time, there is a lack of Modi in state-level governance too. After three years of becoming Prime Minister, the Chief Minister has changed twice in Gujarat. First Anandiben Patel and now Vijay Rupani.
In Gujarat recently, reservation movements of Patidar Samaj has played a big role in removing the Patidars from BJP. On the demand of reservation in jobs, Patidar Samaj has been agitating against the BJP government since year 2015.
The Narendra Modi government of the Center imposed the Notes ban and GST due to which India's economic growth rate declined. This has also reduced the popularity of BJP and PM Modi.
Many international agencies, including the World Bank, have feared the economy to slow down in the coming time too. Apart from this, due to unemployment and inflation, there has been a decrease in the popularity of the BJP government and the mass base.
Since Gujarat is a business-centric state, the direct impact of the economy's speed is on the public opinion.
Knowledgeable states that due to economic policies of the Modi government, traders of Gujarat have had to bear the losses. So, their trend can also shift from BJP to the Congress.
Apart from this, allegations of corruption against Jai Shah, son of BJP national president Amit Shah, can also damage BJP in the elections.
Due to the violence in Dalits in different parts of Gujarat in the last few years, it is natural for the Dalit society to be dissatisfied with the BJP. In Una and Vadodara large scale Dalits have already given their knocks.
Tribal society is also angry with the policies and actions of the BJP government, because so far they have not been benefitted from the 'Gujarat model' of development.
The tribal society, which has a fifth place according to the population in Gujarat, has been supporting BJP only.
Therefore, BJP has won 14 out of 27 reserved seats for Scheduled Tribes from the total 182 seats, but this time, the height of the Sardar Sarovar Dam, built on Narmada, is the highest tribal dominated village in the submerged area have come. They have not been properly displaced; this has indignation against the BJP in the tribal community. Because of this, it is believed that his trend could be on the Congress side.
For these reasons, the Congress, which is away from power for 22 years, is looking forward to a change in Gujarat. Congress vice-president Rahul Gandhi is touring Gujrat several times to see Ahmed Patel's victory in the Rajya Sabha election, the Modi government, surrounded on falling economy, Dalit-tribals disillusionment with BJP. Similar to BJP, Congress has been using social media as a weapon. Congress is hoping to return to power by making religious, ethnic and other coalitions in Gujarat.
India is the third largest economy in Asia. In this economy e-commerce companies are still far from climbing profits.
Investors who invest millions of dollars in these companies are now pressuring good results, companies like Flipkart and Amazon are still aggressively spending a lot of money on advertising and attracting huge discounts to attract customers.
Amazon said that during the financial year 2015-16 it has suffered a loss of Rs 3,572 crore ($ 52.5 million) in India. This figure is double than last year.
The reason for this is also clear. Amazon has invested heavily in infrastructure and technology in India because India is second largest market for Amazon.
Nowadays the prevalence of e-commerce has increased greatly. Everyone is talking about this because investors have invested trillions of dollars in Amazon, Flipkart and Snapdeal, while this sector has not given any indication of earning profits so far in India. Everyone is anticipating that when will this sector be a profit maker?
Why is it that Amazon USA has made profits for eight consecutive quarters, but Amazon India has not given any indication of profit yet, while the parent company invested $ 2 billion in Amazon India.
This situation is because India's retail market is different in comparison to the US.
For decades, the United States is seen as a widely organized modern retail market. There are some leaders in every category of online business, which are quite occupied with market share.
Instead, the Indian retail market is operated by the Mom and Pop Store of 1 crore 20 lakhs family traders. This big difference can not be ignored.
America's modern retail marketing model is fairly large and spacious, with great stores on different floors of shopping malls, which cost more. There the owners of the shops have to spend a lot on the shop rent and other basic cost, maintenance of the list of online goods, and appointment of employees in every category for customer service. This list is quite long and the retailer has to make significant expenses other than the cost of the product before earning profits.
On the other hand, Amazon's spend on online model is very low because the products are kept in a highly automated warehouse, whose rent is much less than any good place. Apart from this, other expenses are also much lower. Consumers are solved online only if they have any complaint or question. Needless to say, Amazon's online business is relatively cheap compared to the physical retail market in the US and is therefore promoting better. The results are quite clear.
Now look at the scenario of India, which is exactly the opposite. In India, 90 per cent of family traders (mom and pop stores) occupy the retail market. These stores are operated by their owners themselves. They pay a lot less rent than the showroom in the mall. There are fewer employees in it. The salary of these employees is very low. These showrooms are used with very low margins. They contain fewer things and the goods are arranged when they are a customer. They have no online presence. They do not even have to work on digitizing and cataloging of online accessories. That's why their expenses are low and they work on very low margins.
Apart from this, there is an additional problem that according to government guidelines on FDI on multibrand retail, market place operator can not be seller. This means that they can not sell goods to purchase directly from sellers. They can only operate Market Place, which connects vendors to buyers.
So in the end a retailer or distributor sells goods on the online portal, but the current model of online commerce has increased significantly. There are several costs involved in picking up the product, keeping them in the warehouse, delivery, cash on delivery (COD) management and online and offline branding.
Who will fulfill these expenses? The capacity of the retail chain is not increasing with the existing online model, nor can any savings be made to fulfill these expenses. Venture Capital has to cover all the expenses and that is why continuous losses are being faced by online business even after decades of operation in India.
In short, it may be said that instead of adopting e-commerce models of the Western world and cutting and pasting, India needs to develop its own new e-commerce model, from which 1 crore 20 lakhs retailers benefit from it. Get a chance to pick up and reach the online buyers without spending much more.
We have to bridge the gap of the digital divide. It does not have to be extended. We need a model that can create more jobs and every participant on the retail industry has the opportunity to make profits. Only those few people should not get the benefit of this, who receive huge amounts of fund from international investors and who spend money in order to raise resources from their own interest.
Copyright © 2025 SHAHEEN BAGH NEWS All rights reserved. Powered by USMAN EDUCATION AND WELFARE SOCIETY. The SHAHEEN BAGH NEWS is not responsible for the content of external sites. Read about our approach to external linking