How many know that present day Kakinada is close to a port that was one of the busiest ports in Asia during the early 19th century ?

Good point, much of India's business space is a channel - selling to a channel is a paradox

what little space is there is occupied by bouquet businesses

Go to the consumer !!

Question to people of Kakinada and Rajahmundry

Should Indian Railways replace

Circar Express

with a

Vande Bharat ?!

Emerging consumerism
Think about it, order it, consume

Socialist India (until the 70's)
imagine a time when it was hard to purchase 1 kg of rice outside of ration (not speaking of a telephone line or a bag of cement !!)

Supreme Court on EVMs

thehindu.com/news/national/…

Are we hearing this ?

PM Modi - let us work with every one, for every one's progress and with every one's commitment and achieve 10x economic growth

Opposition - let us divide you up, divide your (not our) assets among you and then we will remain the only rich and powerful

Higher the entry barrier, fewer trying to
enter the market and greater the pain from failure

A sound strategy is extremely hard to formulate

Engish is an income trap for India,

After ruling over India for hundreds of years, one would think India is UK's largest trading partner - it is not even the 10th !

UK's Exports - India @ 18th
UK's Imports - India @ 13th

India's share of UK global trade - < 1.5%

License raj - socialist concept

Free markets - enterprise - capitalist concept

Wealth survey, takeover and redistribution is clearly a communist concept

Social security is primarily a capitalist concept

3d world of Democracy, Communism, Socialism, Capitalism

Who governs ?
> Peoples reps - Democracy
> Party reps - Communist

Who owns ?
> State everything - Communist
> Private Property Rights - Capitalist

Who does ?
> State everything - Socialist
> State public good - Capitalist

Assam's roads - Before and after Modi Government 🪷

All businessmen/traders have been worried about inheritance tax. Everyone thanks Sam Pitroda for bringing up this subject and government for vehemently criticizing the rationale. What a sigh of relief!
Loss of business however for CAs who were creating clever trust structures.

USA which is the world's richest country makes just 0.2% of GDP as annual federal receipts from estate duty - only 6 US states impose inheritance tax These are not solutions to India's economic challenges - they are diversions

You need to understand ‘Tax Politics’ in India.

8/140 crore file IT Return.

2/140 crore Indians pay Income Tax. Only.

45 Lakh of them contribute 80% of this Income Tax.

Total 97 crore voters.

Do the maths - 0.5% of voters pay any meaningful Income Tax.

So you can say…

A small tea shop displays GST ID

Why is it that large malls don't display GST ID

Why is it that large hospitals don't display GST ID or owner information

People are making $70-80K per year selling restaurant reservations in NYC on the secondary market 😯

IN CBO's projections federal estate taxes are below 0.2% of GDP each year in the US

cbo.gov/system/files/2…

Every one is talking about inheritance tax in India citing US as an example of a country that implements inheritance tax, well just 6 states impose inheritance tax in US and those taxes come with many exemptions

turbotax.intuit.com/tax-tips/estat…

We accept payment in local currencies, which help our customers in Africa (as well as in Latin America).

Our business is growing strongly in these regions and I want to thank our customers 🙏