Thursday, February 24, 2011

What could India do with Spectrum Scam Money - 73 lakh crores(1.4 trillion dollars)?

Give: Rs 56,000 to every Indian. Even better, give Rs 1.82 lakhto 40 croreIndians living BPL (Below Poverty Level).
Clean up: 50 major rivers for the next 121 years, at Rs 1,200 crore a river every year.
Launch: 90 NREGA-style schemes, each worth roughly Rs 81,111 crore.
Announce: 121 more loan waiver schemes. All of them worth Rs 60,000 crore.
Hand out: 60.8 crore Tata Nanosto 60.8 crore people. Or four times as many laptops.Grow the GDP: The scam money is 27% more than our GDP (Rs 53 lakhcrores).

  • Since 1997, 199,132 farmers committed suicide in India.
  • The looted money is used to hoard food supplies to increase prices and make more. This is making life hell for poor in India with 17% inflation. A mother has to chose between sending her child to school or to work.
  • Lack of development is causing insurgency. One third of India’s districts are affected by Maoist insurgency.
  • 100 million Indians live in slums surrounding cities in depraved conditions with no toilet or hygiene.

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