by spammer » Mon Sep 01, 2003 1:05 am
This is for Mayavi Morpheus.
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I consider myself well versed in economics, my major. To understand this I need you to look at it from the macro economic level.
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Correct me if I am wrong about this - This state had little or no business oriented infrastructure a decade ago. By this I mean reliable roads, ports, security, management and at the cost of sounding cheesy... vision.
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Out of the money being spent, I conservatively estimate that we can see about 30% on the surface, the latter of the investment going to infrastructure that cannot be seen when we lead our self contained lives. However there are reliable sources that show what is being done.
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Most successful businesses (even extremely high turnover businesses) have massive loans, that are used to expand the efficency and profit of the company.
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Business loans must not be seen in the same light as personal loans, because the art of business is making more money from the given amount of money. Personal loans, are not used for income generation, making them redundant and a burden.
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A small example - The recent road network improvement in the state (expanding two lane highways to four-lane) and removal of speed breakers and at the same time improving safety, would save the state 20 crores per annum, in fuel, insurance, lives and transported goods prices. Savings such as these will not show up, but will make a huge difference in efficiency and will drive inflation down.
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In short, more investment - more development - higher efficency - higher revenue - ability to pay off the loans, while keeping the fringe benefits.
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P.S. If you plan to reply or contest data in this message, please state reliable sources that I can refer to.
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Thanks for reading this.