CRORES OF JOBS CAN BE CREATED BY DEBIT CARD WITHOUT PAPER CURRENCY

CRORES OF JOBS CAN BE CREATED BY DEBIT CARD WITHOUT PAPER CURRENCY
Read Debit Card without Paper Currency concept
http://dc-pc.blogpsot.com

After implementation of Debit Card without Paper Currency, Central and State Governments will get more tax revenues than earlier ones. The excess money of these budgets should be used to start new industries and creation of jobs.
The main resource of money will be come from the excess budgets of Central and State Governments. The men, materials and machines can be added to create jobs in creation of more big establishments by the government.

Generally government expects foreign direct investment from other countries to start new establishments since local money and expertise are not available inside the country. Government issues licenses, permissions and others like getting land acquisition, electricity, water, construction of buildings, procurement of machines and materials, recruiting personnel, etc, to the foreigners to start industry in the country. At present getting these licenses and permissions are time consuming ones for foreigner and he will seek local partner for these transactions. There is no single window procedure for these transactions.

After getting excess money from the surplus budgets, Government has to create a Rolling Fund (Say -Industry Employment Creation Fund) for establishing industries i.e. Government will establish industries and sell to the private parties or make it public/private limited companies and get back money with reasonable profits or interest on investment. Here the Government is the Promoter for starting industry and creation of jobs.

SINGLE WINDOW PROCEDURE FOR STARTING INDUSTRIES

Licenses and permissions and many things which are related to government side, can be exempted by the government since it is started by government. There are no permissions and licenses required for starting industries or big establishments to create jobs.

Government will start industries with very great ease since there are no struggle for licenses and permissions. Single window procedure for starting industries will help in creation of establishments. If single window has given permission to the industry, Central and State and Local government has to agree and bind by this single window procedure permission to give all kinds of facilities, sanctions, permits, licenses, approvals, etc. There should not be any delay from these governmental departments. There should not be any delay and it should be given within 24-72 hours of time since all permissions and licenses exempted and at a time approved.

EXECUTION OF STARTING ESTABLISHMENTS

There are no struggles of permits, licenses and others since it is started by the government, Government can smooth sail to start industry. For this expert and talent persons can be recruited on contract basis. These experts will start the work for establishing the industry by doing land usage, building construction, erecting machines, many things which are involved in starting the industry.

CREATION OF EMPLOYMENT

Creation of employment is the main reason to start any business establishment. Government can recruit personnel for doing manufacturing activity/business in the process of creating establishments. These jobs are not government jobs and these establishments are not government establishments since these establishments will be sold by the government for reasonable profits to the private parties or making limited companies by way of issuing share to the public.

You can see Creation of One Crore jobs with Continuous Linked Mixed Economy
http://1crorejobs.blogspot.com

IT IS CONTINUOUS PROCESS

After selling government started establishments, Rolling Fund “Industry Employment Creation Fund” will get funds back with reasonable profits or interests. Rolling funds should be utilized on regular basis to start industries in all places to give employment to all persons in the country. Government can funds every year from surplus budgets or government can issue bonds on fixed interest rates from time to time to speed up the process of establishments without any finance crunch or money difficulties.

State government can also start these rolling funds to start local businesses and Corporations / Municipalities/ Local Panchayats can also start these rolling funds to start small scale establishments to create jobs and fulfilling of local requirements like garbage disposal, drainage works, maintenance of certain works like yards, vegetable markets, etc, formation of roads, rain water harvesting, treatment of waste water, water pipe works, biogas plants, many things which are required for local people needs.