A Quote by Baba Kalyani
Subsidies on petroleum products and fertilizers should be phased out in a defined, time-bound manner. The resources that would get freed up could then be used to fund various social sector programmes in education, healthcare and other priority sectors.
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Our foremost priority is the removal of poverty, hunger and malnutrition, disease and illiteracy. All social welfare programmes must be implemented efficiently. Agencies involved in the delivery of services should have a strong sense of duty and work in a transparent, corruption-free, time-bound and accountable manner.
Social incubators not only create economic impact but also have impact in other sectors, such as healthcare, education, and the environment. As the number of social incubation programs increase in the global incubation sector, there is a greater need to help programs improve and help others start.
The government should spend money earned through taxes on social welfare schemes, create infrastructure and in other priority areas, whether national security or providing good quality healthcare, education or water.
Social incubators not only create economic impact but also have impact across sectors, such as healthcare, education, and the environment. As the interest in social innovation increases, there is a greater need to help existing programs improve and build new programs.
A democratically governed national fracking fund should be set up, perhaps similar to what Norway and Alaska have. Areas of drilling should be rented to companies through public tender, with or without subsidies, and a rising share of profits beyond a negotiated upper limit should be deposited in the national capital fund.
The vast majority of Americans are employed in service sector industries, and many of those sectors are highly internationalized. The most high-value added sectors, notably the tech sector, is massively globalized. And, for them, it would be a disaster if America's trade policy was to go down a spiraling route towards protectionism.
The healthcare bill not only is a monstrosity in terms of growing the government and cutting out the private sector, the way it was passed was sleazy. Every old Washington trick was used to pass the healthcare bill.
In the rest of the world, rich people will give a donation, and businessmen give to charities. But in Mexico, the execution capacity of what we call the social sector is missing. I find it much more effective to set up the actual social organisation and then fund it with my money.
I believe that "government", as we know it today, should pull out of most things except for law enforcement and justice, national defense and foreign policy, and let the private sector, a "Grameenized private sector", a social-consciousness-driven private sector, take over their other functions.
All developmental activities for the common man such as education, healthcare, shelter and food distribution should be handled by reputed private sector institutions. It should be a competitive market in order to prevent the formation of monopolies.
We should raise fierce flames of innovations in the vanguard sectors, basic industrial sectors, and all other sectors of the national economy.
When the subsidies are going out there to fund arts, I'd like to see jazz given a better shake of the dice. It attracts as many people as opera does, but not the subsidies.
The inhabitant of London could order by telephone, sipping his morning tea in bed, the various products of the whole earth -- he could at the same time and by the same means adventure his wealth in the natural resources and new enterprise of any quarter of the world -- he could secure forthwith, if he wished, cheap and comfortable means of transit to any country or climate without passport or other formality.
Fortunately, in Piramal Enterprises, we are in three broad sectors. One is in the whole financial services sector, the second is in pharmaceuticals, and the third is in healthcare analytics and data.
If you're talking about competing with countries in the industrialized, developed world, they don't have healthcare costs. Their societies have that as a priority. Here in America, we won't have the same kind of healthcare availability because it's still a private sector initiative. But that's O.K. because it's facilitated to be made more affordable in a public way.
The hard-drinking newspaperman is, or used to be, a stock character of fiction. Now he is being phased out of literature just as he is being phased out of life.
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