Govt spends more than Rs 4,300 crore in 4 years for advertisement. But what are they selling?

By

This is what RTI shows:





In four years, Modi govt spent over Rs 4,300 crore on publicity.





This is how much other opponents spend on advertisement.





Kejriwal’s Delhi govt spent Rs 274 crore on ads since 2015 – four times more than Congress





But if you look at the billionaire entrepreneurs like Ambani, and Mittal, they spend about Rs 50-300 crore per year depending on the market conditions. 





This is how Advertising works. The Game theory of Advertising. 









The payoff is high for both when both the competitor entrepreneurs don't advertise or they do advertise.





But entrepreneurs sell products, and money comes from their profit.





But what politicians are selling?





As they are not selling anything, so the payoff will be the same when they all don't advertise or they do advertise. The effect that politicians are seeking through advertising will not change if there is a complete ban on paid advertisements. 





Do you know where does the money on publicity come from?





Yes, you have correctly guessed, its taxes. But taxes can come from two means:





1) Through transaction costs, where the govt keeps the cut on the transaction. 





2) Printing more money, as govt is a money-printing machine. When govt prints more money, the burden has to beared by common people. A nonobvious way of collecting taxes. 






https://www.youtube.com/watch?v=78-BlZXm7wA




Demonetisation three years later: Cash in circulation up 25.6% to record high of 22.57L cr





Who pays the bad loans (loans given by banks to people who then fail to repay them) or NPA of corporates like Vijay Mallya and Nirav Modi? Do you think the bank? 😀 😀 😀 😀





As of March 31, 2018, provisional estimates suggest that the total volume of gross NPAs in the economy stands at Rs 10.35 lakh crore.





So, if you what to know what politicians sell? They sell countries. 





I already said what is your future with this democracy. The onus lies with the people to bring a good and fair democracy that incentivizes experts with character to join not illiterates, matric pass or hypocrites. 





The link is here: https://iambrainstorming.wordpress.com/2019/03/05/future-of-generation-z-and-millennials/





This is how taxpayers' money should be used. To pay for utilitarian services like food, water, electricity, education, transport charges. It will also create a healthy economy because will increase the velocity of money without hoarding and increase entrepreneurship.





Please read about UBI tax coins here:





https://iambrainstorming.wordpress.com/2018/12/31/the-perfect-competition-world/


Comments

Post a Comment

Popular posts from this blog

The whole process of voting in a DPoS Country

By
Image
The overview of fair democracy: https://iambrainstorming.wordpress.com/from-hypocrisy-to-democracy-this-way-delegated-proof-of-stake-2/   Evolutionary democracy using hierarchical specialization with adapted delegated proof of stake algorithm, where different specialized departments are in a symbiotic or mutually beneficial relationship.  The Tree of Democracy Each funnel is a department with its subdepartments A Department For example, the education department can have its sub-departments such as kid education, adult education, research, entrepreneurship. Each department consists of large outer representatives and a few inner representatives. These large outer representatives are the grand total of all its sub-department outer representatives and the few inner representatives are the grand totals of all its sub-department inner representatives. Inner representatives of center and state are policy approver,   and inner representatives of all the regions (center, state, ...
Read more

A new fair democracy inspired by Delegated Proof of Stake algorithm

By
Image
Preprint link: https://osf.io/82mpk/ dem·oc·racy [democracy democracies] 1) fair and equal treatment of everyone in a country or organization, etc, and their right to take part in making decisions 2) a system of government in which all the people of a country can vote to elect their representatives Yes, most democratic countries fulfill the second definition of democracy, but none to the first definition. Abstract: Democracy is about fair and equal treatment of everyone in a country. But it becomes unrealistic to achieve when political parties have their conflict of interest , and leaders don't have the expertise to make evidence-based policies and neither have the skill and manpower for solving problems that surround our society and ecosystem. The new fair democracy provides an elegant way of governance that separates the representative responsibility according to their specialization and can grow into any complexity. The governance is divided into various departments, and each ...
Read more

Importance of educational videos and solving its limitation by teachers assistance

By
Image
Many technologies have promised to revolutionize education, but so far none has. With that in mind, what could revolutionize education? Why educational videos don't work? 1) Procrastination : Educational videos give freedom of anytime learning, but this can lead to procrastination. According to Parkinson's Law: "Work expands to fill the time available for its completion". But in case of video lectures or MOOCs there is no limit of time, so usually, we procrastinate. Limiting time to complete the MOOCs is also a bad idea, as it takes away its advantage of any time and anywhere learning. 2) Lack of a social interaction : We share emotions, feelings, discuss with the teacher, friends that come to our mind just like a true social animal and classroom brings a social two-way interaction, but it doesn't happen in case of MOOCs. 3) Answerability : No one is there to keep you accountable for finishing the course, no outward push, everything lies with intrinsic motivation...
Read more