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Strategies & Market Trends : India Coffee House
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To: JPR who wrote (11417)11/16/2000 11:44:27 AM
From: JPR  Read Replies (1) of 12475
 
The Wacky Paky Economy. Moronic Economists and creative crooks ruin the country. The danger is internal and not external. -JPR
Why we stay under-developed By Tasneem Siddiqui
dawn.com
The Wacky Paky Economy. The top brass gets fed, clothed and pampered. Next comes the underlings of the top brass, & next comes the jawans. There is a downside gradation on a sliding scale as to how much they get pampered from the top to the bottom of the military machine. / from mushHEAD to the FOOT soldier. Then whatever money - devalued rupee - is left is for everything else. What is left after all this, is not much. But even that little bit is used to build ghost schools. Creative Crooks abound-JPR
Excerpt:
If you take an overview of our financial crisis today, the most glaring thing you would notice is that the
cost of ruling the country has risen to 95 per cent of our budget. Only a fraction is spent on the provision of services to the people for which the whole edifice of state exists
no one talks about reducing the cost of ruling or changing the life-style of the rulers.
Creative Crooks - JPR
If you look closely, the whole system of development works for the benefit of the consultant-engineer-contractor nexus. Out of every 100 rupees which are allocated for development, 40 per cent go to line the pockets of administrative and technical personnel, 25 per cent is contractors' profit, about 5 per cent is claimed by the consultants, and another 10 per cent in wasted in mis-allocation or use of
substandard material etc. Hardly 20 per cent reaches the target groups. Pakistan is a graveyard of incomplete and unutilized schemes.
Is there a Ghost buster in the house--JPR
Stories about ghost schools are unbelievable. In a recent speech the Chief Executive himself has said that the number of such schools is as high as 20 per cent of all buildings constructed.
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