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National Logistics Policy

One of the appreciable developments in the recent period is the publication of National Logistics Policy or NLP in short form. It was published / declared on 17th September 2022. A concept of Global Logistics Hub also is introduced in that policy. With this remarkable one forward step, India needs one more policy as National Manufacturing Policy (NMP). Without this policy, the logistics policy is more likely to result into transportation and distribution of imported goods into India. The transportation infrastructure should be utilized more for promoting the exports of Made in India goods. I hope that the said NMP also will be formulated and declared in near future. . Last updated on 2022.10.02. (First uploaded on 2022.10.02.) .

Demographic Dividend

Generally it is said that when a majority of the population of a nation is within the range of working age of 20-65, that state is called 'demographic dividend' for that nation. During recent years, it is claimed that India is passing through that phase. But that is a misleading claim. The reason of that is as follows. Strictly speaking, the term 'demographic dividend' means that a majority of the population of a nation is within the range of working age of 20-65, a majority of them actually have a job on hand, they get the monthly earning and pay the income tax to the government. That is the full condition for that term. Nearly 2/3rd population of India is dependent on the PDS for food security support by the government. This is poor state of living by the people. The better state of living would be that the people can afford to buy the food from the open market, out of their earning, without any support by the government. This is surely not the case for India. Hardly ...

Wrong and Right of the Morality

The following statement made by a top leader is seen having made the headlines recently. 'It is wrong to use someone and throw them away after the need is over.'  Let us keep the personal references aside as we are not going to discuss on the personal level matters. But with that statement, a query appears as what will be right. We see the tendency of many leaders of occupying an office in the political domain, for many successive terms. Perhaps many leaders may be expecting an opportunity of occupying an office for the life time. That may be ok for the personal interests. That may be ok for the persons working in the private sector companies or in the family owned business enterprises. But that is surely not ok for the political organizations which run our nation.   There are plenty of examples of one person or a few persons from the same family having contested the elections from the same constituency, for many successive terms. There are examples of such persons having comp...

Illegal Constructions

On Sunday, 28.08.2022, the twin towers in NOIDA were demolished within 12 seconds, by adopting advanced blast technique. It was a remarkable achievement as far as adopting advanced  technique is concerned. Now there are news of the orders having been issued for demolition of a resort which was built illegally at Dapoli, in the Konkan region of Maharashtra state, by an influential political leader. In many such cases, demolition of illegal buildings seems a thoughtless action.   Logically such illegal constructions take place due to negligence of the corrupt officers of local municipal bodies. So those officers should be punished and the cost of demolition should be recovered from them. But instead of that, the expenses of demolition are ultimately pushed to the honest tax payers. That is wrong. To change that situation, some new provisions should be incorporated in the law.  Such illegal buildings should be confiscated, then legalized and after that, their ownership right...

BSE Sensex and NSE Nifty

The persons connected to the stock exchange activities know about both these indices. I am going to open a new topic for discussion related to its composition. Both these indices are composed of the securities (shares) of fifty reputed companies, from diverse business sectors. This composition is reviewed periodically, the worse performing companies are removed and other better performing companies are included in those indices. This practice helps show a better picture of the capital market. But that may not be necessarily the true picture of the whole market. The performance of thousands of other companies listed on the stock exchange is not reflected in those indices. Therefore I call both these indices as the ' Partial Indices '. To overcome this lacuna, I suggest to introduce another index, by whatever name found suitable, which will cover all companies which are listed on the stock exchange and have collected the money from the public in the past. All such companies shoul...

Uniform Civil Code

The controversy over this topic arises because it is generally correlated to the religious matters. But it need not be so. I suggest for introducing two separate statutes as follows, for moving one step further in that direction. (1) Family Affairs Recognition Act -- This statue should cover the matters related to registration of birth, death, marriage, divorce, child adoption, support to minor children, disowning of children (minor and adult, both), inherence of the family property, live in relationships, nomination, etc. This statute should be uniformly applicable to all persons, irrespective of the caste, religion, language, race etc. The rules related to family planning also should be uniformly applicable to all. All other existing statues on these matters should be repealed. The religious rituals should be obviously kept out the scope of this statute. (2) Religious Bodies Regulation Act -- This statue should cover the matters related to registration of the religious bodies, their ...

Restructuring of the Legislative Process

There are plenty of cases in India that some particular portion of a law is questioned in the Supreme Court of India. Many times it occurs after a controversy arises and somebody goes to the Court. That results into a lot of uncertainty about the validity of the matter under dispute. That turns harmful for the economic activity also, sooner or later, directly or indirectly. So it will be wise to consider doing the Restructuring of the Legislative Process, for avoiding such unwanted and undesirable time lapse in the litigation. My suggestion for that is as follows. The normal practice is of sending the bills to the President (or the Governor) for final approval, after having those passed in both the legislative Houses. I suggest that, all bills be always routed through the Constitution bench of the Supreme Court, for judicial review, after having those passed in both the legislative Houses, but before sending to the President for final approval. Anyway we have a provision ...