Friday, October 26, 2007

The Economic Perspective

ECONOMIC PROGRESS

1 Employment
Keonjhar’s pride OTPL tea garden is to be restored to provide about 1500 jobs now lost. Change of mgt, change of ownership structure, or induction of further investment and such other avenues are to be explored earnestly.

2 PDS and Grain purchase centres
Both these systems are sick because of a nexus of interested parties. There is an urgent need to eradicate corruption in this area because lakhs of poor are deeply affected by adverse cycle of situations.
3. Tourism
Keonjhar has all the potential for a great tourist destination. Concerted effort and positive approach by govt will create employment at multiple levels. Our govt should be seized with the opportunity available with tourism in Kendujhar.

4. Investment
We in the Citizens’ Forum have always wondered why Keonjhar has not been able to attract large scale investments. Our abundant source of raw materials, conducive climate, cheap land, water ,surplus power supplies, nearness to markets, accessibility through good roads ( NHs) and tele communication, educated and peaceful labour have not been projected properly to entrepreneurs.

Our peoples’ representatives have been inadequate lobbyists. Our bureaucrats have been deficient in fore sight and therefore, negative facilitators and finally our own people have become self serving and apathetic.

The recent boom in Keonjhar has brought unprecedented prosperity to many who now sit on crores . There is a need to polarize this wealth to productive investments in Keonjhar by those enlightened entrepreneurs them selves. This will go along way to reduce unemployment, progress human development, and reduce the violent social tension. This would be the only way they can express their gratitude to this District.

5. Financial Institutions.

Citizens Forum strongly feels that banks have not been able to create wide ranging economic activies in the district to improve self-employment. Most of the have been excessively preoccupied with vehicle financing due to the boom in iron ore movement. Most of them have been busy mobilizing deposits and send them to their principals in metros, where the surplus money is creating inflation in the share market, real estate and such other speculative business. They find it cumbersome to invest in agrculture, small business to help the poor. The entire poverty alleviation programme is left to the Govt machineries, which we know are not successful everywhere. The mind set of our FIs have to change and our representatives have to sit through their periodic review meetings to remedy the current illness and bring about change in their systems. Otherwise our welfare Govt must intervene to mend the system of wealth distribution.
Our elected representatives have a lot to do for our Keonjhar to usher in a smooth, overall, and steady economic progress.

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