India's Richest: What half their wealth can buy
Bill Gates and Warren Buffett have been urging the world’s rich to part with half their wealth for charity. What if the Indian Rich List were to comply? $150 Billion = Rs. 675,000 crore
- India can fund rural job guarantee scheme NREGA at 2010-11 budget levels for 17 years.
India's Richest: What half their wealth can buy
- Endow Rs. 33,750 on every child (20 crore of them) under the Sarva Siksha Abhiyan.
- Fund the government’s borrowing for 2010-11 (Rs. 4.57 lakh crore) and have enough to spare for the next year.
- Buy all the defense hardware needs (Rs. 135,000 crore) – 127 combat aircraft, 7 scorpene subs, 12 stealth frigates and Howitzers and maintain the defence budget for more than three-and-a-half-years.
- Build 11 golden quadrilaterals.
- Build Metro train service in 33 cities.
- Build a Delhi-Mumbai high speed Maglev, Commuting time at 300 kmph will be just 5 hours.
- Meet oil requirements for nearly two years.
- Host 30 commonwealth games at ‘Kalmadi’ prices.
India's Richest: What half their wealth can buy - Moneycontrol.com -
- India can fund rural job guarantee scheme NREGA at 2010-11 budget levels for 17 years.
India's Richest: What half their wealth can buy
- Endow Rs. 33,750 on every child (20 crore of them) under the Sarva Siksha Abhiyan.
- Fund the government’s borrowing for 2010-11 (Rs. 4.57 lakh crore) and have enough to spare for the next year.
- Buy all the defense hardware needs (Rs. 135,000 crore) – 127 combat aircraft, 7 scorpene subs, 12 stealth frigates and Howitzers and maintain the defence budget for more than three-and-a-half-years.
- Build 11 golden quadrilaterals.
- Build Metro train service in 33 cities.
- Build a Delhi-Mumbai high speed Maglev, Commuting time at 300 kmph will be just 5 hours.
- Meet oil requirements for nearly two years.
- Host 30 commonwealth games at ‘Kalmadi’ prices.
India's Richest: What half their wealth can buy - Moneycontrol.com -
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