New Employment generation Scheme

 At Present covid-19 virus is hitting all the countries and due to which economic activities have become slow and all governments tax revenue is eventually decreasing at the highest rate and therefore governments of various countries are facing problems on the expenditure side, wherein many expenditures are fixed and essential in nature hence, if the government cut out on these expenditures then the recession will more effective in future and there is a very high probability that it might disturb all individual citizens in the countries. Because of which all governments are borrowing huge money to manage expenditure.

The main question which lies here is-

a. What will be the outcome of this step in the future- that the government of various countries will have to pay the dues along with interest after 5 to 10 years which would eventually increase the burden of more tax to be allocated by the individual citizens.

Herein the above-mentioned scenario is partially beneficial for the economy. However, the current mechanism adopted by the developed countries is to meet up expenditures is quantitatively easing program which benefits to meet up the expenditures and the same is followed by the developing countries, who are looking out for more foreign currency inflows by way of foreign investments in their country and more the inputs the more employment could be generated from the same and they can print new indigenous currency. This program is however unclear about the future earnings of the public.

Secondly, for boosting the economy mostly all countries banks are lending money to individuals and the business entity. It's good but in the future, if they fail to earn and equivalate money to repay the loan amount then it would be difficult for the what will the future of the banks.

So I have created a new method that how the public will get more employments & more regular passive income in the future. 

Mostly all countries can provide new employments to their 1.5% to 2% citizens by the Economic and Employment Method of Gopal Maheshwari. These new jobs are permanent types and unaffected by recession and company failure. Income may be up & down but jobs are secure.

This method will solve various problems like tax evasion, subsidy leakages, corruption, black money, and NPA (nonperforming assets = bad loans).

All countries' central and state governments need 5 strong departments for best economic performance.

1. Police department- all countries need a well-trained police force. Subjects of bits of knowledge of various types of financial fraud & cheating offenses should be covered properly. Investigation work of police should be neutral from political and other interferences. Police should work for applicant's welfare & provide them good advice for awareness. Amount of recovery & precious metals gold-like, which police recovered from accused deposit them bank account so earning of interest will help department modernization. This was all released after the court order. Many of these amounts were kept in the police locker rooms for long times.

2. Judiciary department - Judges should be time-bound of any complaints/ case decision within 2 years neither state should pay penalties to applicants. When governments want a tax on time then it's the duty of the judges to give a decision on time. Judge's decisions did not come on time so many enterprises became fail & bankrupt. When government employees judiciary receiving salaries by a tax of business entity then it's their duty to give a fair decision within time so business harms should reduce. 

3. Tax department - The tax department should aware of fraud if any registered entity is not paying tax then stop that type of person to open new enterprises. Option of payment of goods & services ( invoice payment option ) should be add in indirect tax websites so fraudulent business entity should punish.

4. Finance ministry -  Finance ministry should take the fast decisions for small entities. If the government is unable to deliver justice by courts then return the taxes that they have paid to the government tax department. Matter of cheque return.  Business to business transactions of goods and services sells indirect tax should be return if buyer denies paying the full amount and partial payment time government should pay balance amount indirect taxes. Need to allow cash hawala business so next transaction through the bank will increase. Regulate international and domestic hawala transactions by banks by direct cash transfer. Need to make a banking system for recovery or seizing authorities like police, custom, vigilance team, enforcement, court, etc so they can earn interest on seized currency or gold and can earn interest so next transactions will regulate. 

5. Regulatory system -  banking regulator,  treasury, insurance regulator, capital market and securities regulators, provident & pension fund regulators, real state regulators, and various other regulators need a combination of decision power.

The USA needs four steps to boost the economy-

A. Need to change banking bad loans solutions. Stressed company 30% bank loan convert in equity preferential shares this will reduce interest cost & sell those preferential shares in part to private equity or investment firm.

B. At the time of stressed enterprise, auction uses my method - After auction bidding remains amount to convert in preferential shares so creditors can sell their shares to other companies.

C. Use gold as side currency to boost the dollar. Accept deposit & lending in gold terminology as 100 gm gold deposit interest 2% and lending interest 3%. Apply this method in the banking system.

D. Use Economic and Employment method of Gopal Maheshwari for 5 million new employment generation.

For more details contact me.

All countries need a collective decision by central and states governments to solve various problems unemployment, tax evasion, subsidy leakage, black money, and trade deficit.

Indian Central government is continuously taking radical decisions for the radiant future of India. In this series I am presenting radical theory for employment this will change the future of India. Central and state governments can combine to provide 15 million new employments without existing budget expenses.

Employment Theory of Gopal Maheshwari- My last 16 years of educational and occupational experience I have concluded that 15 Million new employment will easily be generated in India. Economic activity will increase and tax collection will also increase. 

Thus loan and Interest Repayment will be pay by govt easily in near future. The only central government and state govt Interest and Loan Repayment in 2021-22 labiality also 40% to 50% of the budget. Thus need a boom in economic activity.

Present time all nations governments need to make changes in economic policies –

At present time nation's central and states, governments are facing two big problems due to covid-19 spread. Many people lost their life it's shameful of us but we discuss the economic front.

1. Tax revenue losses due to lockdown 

2. Unemployment count increasing

How any country can provide employments to 1% - 2% of their workforce in the service sector within 90 days by the Economic and Employment method of Gopal Maheshwari. I am describing this method. 

Mexican & Bangladesh governments can generate 2 million new long-term jobs separately for their citizens by applying the Economic and Employment method of Gopal Maheshwari

Egypt, Thailand, and Vietnam governments can generate one million new long-term jobs for their citizens by applying the Economic and Employment method of Gopal Maheshwari.

The Canadian government can provide half a million new jobs for their citizens in the service sector within a minimum time. 

Iran, Germany, Philippines,  France, Italy, UK, Japan governments can provide separate-separate one million new long term jobs to their citizens. 

The Russian government can generate 2 million new permanent jobs for their citizens. These jobs are unaffected by recession and company failures. These jobs will be lifelong settlements till retirement. 

The Chinese government can generate new 20 million new long-term jobs by my Economic and Employment method of Gopal Maheshwari.

Brazilian government can generate 3 million new long-term jobs by my Economic and Employment method of Gopal Maheshwari.

At present, any Government needs an Independent economic minister who can think out-of-the-box solutions about the Government facing problems like bank NPA, fiscal deficit financing, unemployment, inflation, poverty, and proper use of limited resources.  Central and state governments relation to compensating people by borrowing or giving earnings to their hands.  Problems are many more but solutions are only one increase in tax revenue to settle them.  

For high tax revenue growth, the government needs to work on multiple tasks with associate problem solutions.  So this series I am sharing some solutions. 

Possible ways to boost the economy – 

First, give cash in hands of people but the government has no more fiscal space to do so. Government can help partially only.

Second, distribute loans to marginal people to boost expenditure but it depends on borrowers accept loans or not, and after distribution cent percent recovery is not possible. The government also need sound banking liquidity at low interest cost.

Third give tools of earning to people by increasing saving interest rate but this step will hurt corporate and increase government expenditure so not looking possible. 

But a new idea can provide extra regular income to households so need to use gold, platinum, or other precious metals as side currency. The bank should accept deposits and lending in gold platinum and precious metals terminology. If 10% of household gold or precious metals are deposited in banks then GDP may expand 7% in developing countries and 2% to 3% growth in developed economies. Many big countries may attract gold and precious metals in tonnes. When any household earns regular interest on gold or precious metals then this extra earning will boost the demand of the economy short term to long term.

Present time world is facing GDP contrast by covid-19 hit. USA and India most affected nations so I am providing possible solutions in this scenario.

1. The USA can generate 5 million and India can generate 20 million new long-term jobs in their economy. 

2. Government can create bulk employments under the indirect tax department. I am explaining in detailed information in this post.

3. Government can create bulk employments by boosting banking. Banks are now facing nonperforming loans, cost of borrowing, and smooth liquidity facilities so this problem can short out by accepting gold, platinum, and other precious metal deposit and lending on interest in banks. I will explain how government can use metals as a parallel currency to boost the economy and currency.  metal attrition will be minimized.

4. Government can create bulk employment by using the Gopal Maheshwari method on stressed enterprises management. 

Recession will prevent by the Economic and Employment method of Gopal Maheshwari.

E. Indirect tax back method 

F. Employment method 

G. Low-Interest debt distribution 

H. Trade balance method  

These all methods create 5 million new lifetime New jobs in the USA & make stronger purchase demand boost businesses. 

The USA or any country needs four steps to boost economy ---

1. Need to change solutions of banking bad loans. Stressed companies 30% bank loan should convert into equity preferential shares this will reduce interest cost for stressed enterprises & chances of bad loans become very low, in future sell those preferential shares to private equity or investment firm thus bank can recover their principal amount much time that may be on premium or discount.

2. At the time of the auction of stressed enterprise need to use my method for maximum recovery in the present and future. - After auction bidding remains amount converts into preferential shares so creditors can sell their shares to other companies.

3. Use gold as side currency to boost the dollar. Accept deposit & lending in gold terminology as 100 gm gold deposit interest 2% and lending interest 3%. Apply this method in the banking system.

Three ways to boost the economy-

First, give cash in hands of people but the government has no more fiscal space to do so.

Second, distribute loans to marginal people to boost expenditure but it depends on borrowers accept loans or not, and after distribution cent percent recovery is not possible. 

Third, give tools of earning by increasing saving interest rate but this step will hurt corporate and increase government expenditure so not possible. 

But a new idea can provide extra regular income to households so need to use gold as a side currency. The bank should accept deposits and lending in gold terminology.

As per the Indian example If 10% of household gold (2000 tons) is deposited in banks then GDP may expand by 15%. When any household earns regular interest on gold then this extra earning will boost the economy short to long term. Banking lending capacity will increase and this will create derivative deposits 4 to 5 times.

Government should work on three fronts. First Use gold as currency to strengthen the rupee against other foreign currencies. Gold near households can play an important role in the economy. Government should allow adding a gold transaction law for term deposit and gold term lending in the banking system. Need to add a section of gold measurement in All types of savings, Current and dollar account. then make a deposit centre of gold inside or outside of the bank. Give interest of gold term deposit in gold measurement. like 100-gram gold saving account interest 2.5 gram of annual interest. people are free to deposit & withdraw at any time. Need to start gold term time deposit like F.D., Bond, debenture, etc. Start gold term loan as 100-gram lending interest 6% per annum. Thus RBI (central bank) will get benefits through gold reserve ratio without interest like CRR near 4%, the government will get statutory gold ratio like SLR near 18% in a low-interest rate, banks get more funds for lending, public get more choice for earning. Corporate and MSME enterprises get gold term loans which are beneficial at times of downtrend prices. allow after six months of gold term lending change in rupees and rupees lending in gold.

If in the next five years banks will become successful to attract gold term deposits and lending then the Indian economy may touch 10 trillion dollars in the next 5 years. The last conclusion Use gold as currency.

Present time currency banking system is working mostly and gold is using to take mortgage loan but now need to change the system of the banking system by taking gold as deposit in MKS or CGS system and lend also by this system. Most households of any country keep gold as assets other than jewellery. If we assume 20% of a household's gold is for investment purposes then the government can allow this by banking law deposit and lending. 

Present time as per World Gold Council India, China, and US households have big gold exposure as investment purposes if Gold bank were to attract only this investment purpose gold then this will be a big achievement. As per WGC Indian households have 25 thousand tons of gold if Gold bank attracts only 20% of this then this will be the highest boost up for the Indian economy.

Benefits-

1. People get a new instrument for earning.

2. Banks got gold deposits and can lend on gold fluctuations lending rate or discount by Central bank.

3. The central bank will receive a gold reserve ratio of 3% to 4%.

4. The government will receive a statutory gold ratio of 18%.

5. Economic activity will increase which will boost the economy. 

Government should allow gold deposit and lending and use gold to produce digital currency to boost GDP. Accept deposit & lending in gold terminology as 100 gm gold deposit interest 2% and lending interest 4%. Apply this method in the banking system.

For Gold term loan lending use GFIR (Gold fluctuations interest rate) so corporate and institutions can borrow on low interest near 4% - 5% annual rate. GFIR is a tool that cuts the interest rate and risk of the banking system. At present time only big businesses group borrow as ECB ( external commercial borrowing ) on 4% to 5% interest rate.

A new idea can provide extra regular income to households so need to use gold as side currency. The bank should accept deposits and lending in gold terminology.

As per the Indian example If 10% of household gold (2500 tons) were deposited in banks then GDP may expand by 15% nominal.

When any household earns regular interest on gold then this extra earning will boost demand in the economy short to long term. Banking lending capacity will increase and this will create derivative deposits 4 to 5 times.

Government should work on three fronts. First Use gold as currency to strengthen the rupee against other foreign currencies. Gold near households can play an important role in the economy. Government should allow adding a gold transaction law for term deposit and gold term lending in the banking system. Need to add a section of gold measurement in All types of savings, Current and dollar account. then make a deposit centre of gold inside or outside of the bank. Give interest of gold term deposit in gold measurement.

Like 100-gram gold saving account interest 2.5 gram of annual interest.  Give also interest on Current account gold deposit 1% per annum this step will increase HNI & businessman to deposit their gold for extra earning. people are free to deposit & withdraw any time. Need to start gold term time deposit like F.D., Bond, debenture, etc. Start gold term loan as 100-gram lending interest 5% per annum. Thus RBI (central bank) will get benefits through gold reserve ratio without interest like CRR near 4%, the government will get statutory gold ratio like SLR near 18% in a low-interest rate, banks get more funds for lending, public get more choice for earning.

Corporate and MSME enterprises get gold term loans which are beneficial at times of downtrend prices. Government can cap gold term loans by 30% of all loans outstanding. Banks may allow borrowers to change gold term lending in rupees and rupees lending in gold after six months. If in the next five years banks will become successful to attract gold term deposits and lending then the Indian economy may touch 10 trillion dollars in the next 5 years. The last conclusion Use gold in banking transactions and produce digital currency.

Covid-19 hit USA economic issues create instability in jobs & new employment generation. So I want to say that the USA govt should apply the Economic and Employment method of Gopal Maheshwari for increasing tax revenue. Create new 5 million jobs in the service sector within 90 days in minimum investment. These jobs are unaffected by recession and company failure. These are Life long earnable jobs. This theory will reduce corruption and black money.  Citizens of the USA will become more aware and accountable. So need to work together with federal and provincial governments.

How to increase government enterprises -

Government can increase public sector units (government companies) numbers & strength by  Gopal Maheshwari Economic and Employment method.  PSU banks are on high non performing assets now ever in history.  So government should allow banks to accept share preferential or general at the time of restructuring of loans so future NPA possibility will become very low. This capital infusion limit set a maximum of 30% of the loan amount thus interest burden of companies will become low and profitable 'companies' shares will sell at high premiums thus bank can sell their stack partially from time to time & gain good profit. 

Second, at the time of OTS (one-time settlement) and NCLT bidding for auction allows FDI (foreign direct investment ) and allows foreign companies to participate in auction bidding. Which amount bank recover that will good and remaining principle and interest amount will convert in preferential shares so this banks stack can give good return in future at the time of boom in sectoral demand. It's a sure-shot formula to strengthen PSU and their numbers.

Government should use my economic method to reduce bank NPA (Nonperforming assets). At present, government banks are facing liquidity for NPA provisioning. We have seen mostly all companies after NPA settlement goes to NCLT (National company law tribunal) or OTS (One-time settlement ). NCLT invites bids from others for the auction company. After auction company sold 25% to 50% of the bank lending amount and the bank recover only 25% to 50% of the lending principle amount. Bank lost their interest amount also in that period NPA time to auction period gap but after auction company shares rise sharply and reached 10 times to 70 times more than their price at auction. This example presents time as per Indian companies Ruchi soya (Patanjali owning now) and Alok Industries  (Reliance Industries owning now). Govt should make a rule that after the auction which amount shortfall in principle & interest amount shall convert them as preferential shares so in future price hike of shares banks can get a good amount of selling those shares. 

Govt need now three measures

1. Finance for deficit & investment 

2. Bank NPA resolution in 3-6 month 

3. Employment Generation 

The above steps must work in the present Covid-19 pandemic. These all solutions are described in detail by Gopal Maheshwari Economic & Employment method. Need to know.

The main point is to apply extensive GST or indirect tax method government can provide 20 million New lifetime employment in the service sector in India. These jobs are unaffected by recession and company failure as Lockdown. This method will connect the government to the marginal people of India.

Please use the swadeshi economic method for revival. Need some changes-

I. Debt to equity ratio to redress Banking NPA & Sick industry.

J. Gold monetize to attract worth 10 lakh crore new deposits in banks if 10% household gold deposited it may be more.

K. Use Extension GST for revenue growth & 20 million New lifelong employment in India.

Need to use swadeshi economic method for revival 

Change Debt to equity ratio by 30% to redress Banking NPA & Sick Industries. 

Bulk employment providing methods for the youth of all around the world. 

L. How any country can provide employments to 1.75% - 2% of their workforce in the service sector within 90 days by my method for employment. 

M. How and in which way central & states governments can work together for bulk employment generation.

Employment Theory of Gopal Maheshwari -

N-  Central and state can provide combined 25 million new employment to literate people.

O- These all 25 million jobs are permanent type. These jobs were not affected by the condition of the company shut down or recession period problems.   

P- Central and state govt. have not needed to pay salary and allowance also then they will get benefits of progress in future. 

Q- 25 million new employees can earn 15 thousand and more easily in a month.

Gopal Maheshwari Employment Theory's benefits - 

1- 25 million new jobs will create in the Indian economy.

2-  IT Sector will get Boost while now problems in USA visa concern.

3- Digital transactions will increase sharply.

4- Fiscal Deficit will reduce.

5- The system of Subsidies will be simplified and regulated.

6- Tax evasion will decrease sharply.

7- Unaccounted Money transactions will reduce.

8- Economic growth will increase and the investment cycle will be started.

9- Profitability of companies will increase and NPA will recover sharply.

10- Trade and Current Account deficit will be reduced and the possibility of Current Account Surplus.

11-Present subsidy system has two big problems – (i) Leakages, (ii) Proper Identity of beneficial people, Company and sector these problems will be solved.

12- Govt. can know the actual conditions of poverty.  Thus Targeted people Direct Cash Transfer process became easy.

Conditions of theory–

R- Minimum GST must be 1% it Replace 0% commodity group slab.

S- Percentage of subsidy & Tax collection must be fixed 20% or 25% or 30%.

T- Pattern of subsidy distribution will be changed & became Individual for people of the Country.

W- The highest rate of interest must be fixed at 18% for both buyer and lender. Any person and financial institution bank & others.

U- Royalty of Intellectual property of Gopal Maheshwari Employment theory is charged per employment conveyed 50%-50% by central & state government.

GST was implemented in India from 1 July 2017 and before the decision of the note ban result is seen average in various parameters. We do have not proper export infrastructure due to lake of investment. The government could not invest large capital due to its fiscal deficit & private sectors do not take interest in new investment due to improper economic policy.  

1. New indirect tax subsidy scheme replaces both subsidy way commodity subsidy & S.M.E. industrial subsidy and after two years it also replaces direct cash transfer scheme.

2. L.P.G. subsidy, fertilizer subsidy, kerosene subsidy, food subsidy, export subsidy & all other subsidies are replaced by new indirect tax subsidies.

3. This new indirect tax subsidy scheme brings efficiency in Goods & Service tax and Direct tax code.

4. We can apply this scheme without increasing the tax rate. Only restructuring tax system & internal tax policy. Govt. will get increased tax revenue amount (direct & indirect tax).

5. This scheme has no necessity for separate funds available like the present subsidy system because which indirect tax government collects some tax part of that revenue should be refundable.

6. This scheme affects directly consumers because consumers get their tax part as a subsidy. The present subsidy system has two big problems leakage & the proper identity of beneficial people.

7. It is a must need for one national identity for all people & need to make a special identified indirect tax account in which all indirect tax will deposit pay by businessmen/consumers like present T.D.S. system. A/c holds by the indirect tax department.

8. It is a must need for one national identity for all people & need to make a special identified indirect tax account in which all indirect tax will deposit pay by businessmen/consumers like present T.D.S. system. A/c holds by the indirect tax department.

9. An indirect tax chain (paid tax) should need for all businessmen & corporate firms. Indirect tax should deposit in special identified indirect tax A/c. Indirect tax transferable (forward) to the buyer(wholesaler, retailer, consumers) and till forwarded when it does not reach to last domestic consumers.   

10. Tax chain means which GST and indirect tax paid by Top to bottom (end users) should deposit in special identified indirect tax a/c in 7 days of sale or day of payment received.

11. Aadhaar card became indirect tax A/c no. for domestic consumers and business& corporate firm’s P.A.N. card / T.I.N. number / Sales tax number as decided by the government.

12. All businessmen's stock tax chain (paid tax cost) should deposit by the government in indirect tax A/c because the government has already received those indirect taxes.

13. The agricultural sector also became an organized sector, in which indirect tax paid by farmers on diesel, fertilizer, and agricultural equipment was also deposited in special identified tax A/c. these taxes are forward as sales tax on commodities.

14. Tax on commercial expenses (which expenses directly not connected to purchase goods) could fulfilled the stock tax chain (paid tax cost) deposited by the government. Thus government has no problem for implement this system.

15. Total unorganized sector automatic convert in the organized sector because indirect tax forward, indirect tax deposit and indirect tax subsidy system make people aware. They will take proper tax bills for subsidies receive.

16. If thievery, burning, lake after finishing, rust, flood, and any other reason goods loosed their paid tax not loosed because deposit indirect tax forward on condition of goods sale.

17. Business gets stability, if commodity market rate is down then tax pay is on fact rate, loss commodity rate indirect tax is deposited in indirect tax A/c & does not forward. Thus investment increase sharply businessmen have no fear about tax system of govt. side because indirect tax deposit in A/c is used as indirect taxpayers to buyers.

18. All people take proper bill then govt. tax revenue increase too much. Govt. get tax timely & do more work for public welfare and world status of the country.

19. Indirect tax subsidy gives direct benefit to people. It became a real & genuine identity for B.P.L. people because this indirect tax subsidy scheme depends on the expenditure slab.

20. Indirect tax subsidy depends on purchase power capacity so actual G.D.P. will disclose an indirect tax revenue increase and this effect is also seen on direct tax. Subsidy fund will save which govt. borrow on interest.

21. Commodity prices became more competitive. Now, which Govt. Companies that belong to subsidy commodities (like fuel, gas, fertilizer) live under pressure and private companies are not interested due to subsidy matters.

22. An indirect tax subsidy scheme is one solution of many eco. Problems like Fiscal deficit, Recession, Subsidy fund management, Inflation, Tax thievery, Black money, Corruption, and make better investment sentiment.

23. Opening of Indirect tax A/c number takes all identity proof. As voter Id, driving license, ration card. In which one identity is the main proof and others are concern proof.

24. Now all people give indirect tax and also get the benefit of subsidies but lake of the proper system we facing too many problems. The new scheme gives us proper satisfaction.

25. This indirect tax subsidy only pays to consumers. Indirect tax deposit & tax forward scheme for farmers, consumers, businessmen & corporate firms.

26. Exports goods indirect tax subsidy given to importer country businessmen 30% to 100 % of the tax rate. Then he encourages more purchasing & trade deficit controlled.

27. Public take interest to open and use bank account due to new scheme. Thus we can use regressive tax as progressive tax this is a scheme Indirect tax subsidy.

28. Without any political, social, economical problem we can apply this new system.

29. After the financial year government should pay a total indirect tax subsidy to the beneficiary. In this scheme, we can apply to individuals or joint family but the Aadhaar card must need for the beneficiary person.

30. Total expenditure calculates in indirect tax A/c. If expenditure more than three lac per year P.A.N. card must be compulsory for the individual.

31. Income tax must apply on agricultural income and add it to general income if states objects then refund to state govt.

32. Many commodities are out from indirect tax criteria but people pay indirect tax at processing time (raw to finish). We can recycle this tax and thus sales tax can apply to those things.  Now India Per capita Purchase power parity is 6118.36 US dollars in December 2020 in rupees term 452738.

33. Public take interest to use bank account due to indirect tax subsidy.

34. Total govt. and private expenditure & projects must need an indirect tax chain.

35. If the tax chain implements then corruption investigation will complete easy, short time, cheap & exact fast result.

36. If an indirect tax chain forward scheme applies in India then PDS (public distribution system) will run systemic, transparent & for the only beneficiary.

37. Govt. social program implement properly because the indirect tax chain forward scheme makes them more accountable for the target.

38. Indirect tax chain forward & subsidy scheme make it possible to investigate black money & cash transfer without tax.

39. Any commodity Mandy rate + fare +20 % is the business in India now much time FMCG indirect tax reached near 50% - 60% then how can aspect that they will get complete tax.

40. Corporate cash must deposit in a bank account. Give interest on current account more than 1 lac and pay interest 4% with income tax exemption.

41. Total business construction, tender, home loan, govt. and private bills & new creation must need a tax chain.

42. Tax chain subsidy gets consumers monthly. The consumer can take a loan at a deposited tax subsidy of 80%-90%. The business firms also take loans on deposited tax chains of 50%-60%.

43. Tax chain means which GST and indirect tax paid by Top to bottom (end users) should deposit in special identified indirect tax a/c in 7 days of sale or day of payment received.

Other economic issues 

Some new solutions - 

44. Inflation increases both circumstances economic boom and recession due to black money circulation. Govt. should allow using gold as currency in the economy but this is not calculated in govt. statistics data.

45. 5000 tons of gold holds by households can use in the market as currency for productive ways.

46. Gold should be used as Deposit & lending in market standard weight as 1 gm. to 1 ton.

Gold saving account- If saving A/c gold deposited a minimum of 2 Month then interest will give. Gold interest gives in gold. 

Gold Interest 3% per annum as 100gm gold yearly interest 3 gm gold.

47. Gold current A/c:- If current A/c gold deposited a minimum of 1 Month then interest will give. Gold interest gives in gold. Gold interest 2% per annum as 100gm gold yearly interest 2gm gold.

48. Gold fix deposit:- In gold fix deposit minimum time period 6 Months to as depositor want a long time. 6-month gold F.D. (Fix deposit)  interest Rate 5% per annum, 100 gm gold 6-month interest 2.5gm. If 1 Year gold deposit & interest is 6% per annum then after 1year 106 gm gold maturity. Gold interest gives in gold.

The gold depositors can change gold in note currency at maturity time.

49. When gold deposits increase then we get an extra deposit of gold. 

We can Use extra gold deposits to lend in the market short to Medium-time loans. Gold term loan interest takes in gold. Interest rate 12% per year. We can lend gold to jewellers & any person who wants to take it On a mortgage. After 1 year 100gm interest 12gm gold. We should provide both choices. Debtors can take it Gold & rupees Term.

50. Due to gold deposit & gold lending more gold is available in the Market. Gold tax revenue will increase and no necessity for more Gold import thus trades deficit & current A/c deficit balanced.

51. Gold deposit & gold lending makes new concern for our economy. Thus gold & rupee are both used as currency transactions.

 When the central bank will continuously print new currency & issue in the market then inflation increases & gold savings in banks will Decrease.

52. The gold deposit will not get properly routine  when a new currency supply is not stopped. The public needs an income source than gold the deposit comes to banks. This deposit bank can use as lending.

53. Gold deposit & gold term loans (gold lending) should be regulated by the central bank as monetary policy. The gold repo rate, gold reverse repo rate, gold deposit scheme, and gold lending rate are regulated. 

54. Due to these gold steps gold treasury (stock) increase at central

Back then the economy will get revive properly.

55. Loan inspections- Which is currency flow by banks to debtors should be examined & inspect properly which purpose loan give the purpose will be complete & tax revenue also generated. Banks give home loans, industrial loans, agricultural loans & many other loans.\

56. The in-home loan must need that total construction expenditure bill should be taken. The indirect Tax chain in the bill should be Deposited in indirect tax A/c. govt. can give subsidy.

57. The agricultural loans must be used for only agricultural expenses.

 Indirect tax chain on their expenditure show in indirect tax A/c. This tax is forward as sales tax.

58. Industrial loans & mortgage loans should be more transparent. Construction expenses bill should be taken & indirect tax in their bill should be deposited in their indirect tax A/c. They can promote as tax subsidies or tax forward.

59. Pass on loan person/firm to person /firm must record properly & on their use, indirect tax collected properly in tax A/c.

60. All public companies that collect capital from the capital market or Public capital (I.P.O. or direct deposit). They must invest 25% Of capital in fixed assets or precious metals and those assets must not give as mortgage & take loans prohibited. This is like security kept with the regulator.

61. Which F.D.I. & F.I.I. could not give proper tax certificate charge 2.5% entry tax.

62. We are now depending on F.D.I. & F.I.I. for dollar term investment because our current account deficit is very high due to trade deficit.

63. We do have not proper export infrastructure due to lake of investment. The government could not invest large capital due to its fiscal deficit & private sectors do not take interest in new investment due to improper economic policy.   

Super-rich tax 

Which people have fixed assets + mobile assets are more than 5 crores should surcharge 2%.

Today I am sharing the list of 56 countries where the population is more than 20 million. Job creation numbers by applying the Economic and Employment method of Gopal Maheshwari.

Earning is dependent on GDP (gross domestic product), Per capita GDP, Purchase power parity (PPP), Households wealth, Interest rate, indirect tax system, tax Rate, etc.

List -

1. India - 20 million new jobs 

2. China - 20 million new jobs

3. USA - 5 million new jobs

4. Indonesia - 3 million new jobs

5. Brazil - 3 million new jobs

6. Mexico - 2 million new jobs

7. Japan - 2 million new jobs

8. Bangladesh - 2 million new jobs

9. Pakistan - 2 million new jobs

10. Nigeria - 2 million new jobs

11. Russia - 2 million new jobs

12. Germany - 1 million new jobs

13. UK - 1 million new jobs

14. Philippines - 1 million new jobs

15. France - 1 million new jobs

16. Turkey - 1 million new jobs

17. Italy - 1 million new jobs

18. Egypt - 1 million new jobs

19. Iran - 1 million new jobs

20. Ethiopia - 1 million new jobs

21. Thailand - 1 million new jobs

22. Vietnam - 1 million new jobs

23. Argentina - 0.75 million new jobs

24. Tanzania - 0.75 million new jobs

25. Ukraine - 0.75 million new jobs

26. South Korea - 0.5 million new jobs

27. Myanmar - 0.5 million new jobs

28. Malaysia - 0.5 million new jobs

29. Poland - 0.5 million new jobs

30. Saudi Arabia - 0.5 million new jobs

31. Canada - 0.5 million new jobs

32. Uganda - 0.5 million new jobs

33. Morocco - 0.5 million new jobs

34. Colombia - 0.5 million new jobs

35. Algeria - 0.5 million new jobs

36. Iraq - 0.5 million new jobs

37. Spain - 0.5 million new jobs

38. Sudan - 0.5 million new jobs

39. Afghanistan - 0.5 million new jobs

40. South Africa - 0.5 million new jobs

41. Kenya - 0.5 million new jobs

42. Madagascar - 0.3 million new jobs

43. Nepal - 0.3 million new jobs

44. Uzbekistan - 0.3 million new jobs

45. Angola - 0.3 million new jobs

46. Peru - 0.3 million new jobs

47. Ghana - 0.3 million new jobs

48. Niger - 0.3 million new jobs

49. Mozambique - 0.3 million new jobs

50. Venezuela - 0.3 million new jobs

51. Yemen - 0.3 million new jobs

52. Taiwan - 0.3 million new jobs

53. Cameroon - 0.3 million new jobs

54. Sri Lanka - 0.3 million new jobs

55. Australia - 0.3 million new jobs

56. Cameroon - 0.25 million new jobs

Above all countries population are more than 20 million. So these countries can generate new jobs in the service sector as mentioned above numbers and methods in a previous blog post.

Present time all countries government's effort to borrow and expense on public welfare. Some countries are providing loans to individuals or business entities to boost demand. This step is good but without earnings to households and marginal people economic cycle will be uncompleted and if loan recovery becomes less than 60% then financial institutions will fall under stress. This will demand more fiscal measures but governments are already on heavy loans so need to think that how can we provide smooth and regular income to households and marginal people.

Previous post I have already described possible earrings way. I will explain job opportunities in the remaining countries in my next post then you will become sure that fix earning income is possible if governments do some extra effort. 

We have already discussed 56 big countries where a population of more than 20 million.  Today we will discuss below 20 million population to more than 4 million populated countries. 

Possible jobs creation by Economic and Employment method of Gopal Maheshwari in small countries are below -

1. Mali - 0.20 million new jobs

2. Netherlands - 0.20 million new jobs

3. Romania - 0.20 million new jobs

4. Guatemala - 0.20 million new jobs

5. Burkina Faso - 0.20 million new jobs

6. Kazakhstan - 0.20 million new jobs

7. Senegal - 0.15 million new jobs

8. Syria - 0.15 million new jobs

9. Malawi - 0.15 million new jobs

10. Zambia - 0.15 million new jobs

11. Zimbabwe - 0.15 million new jobs

12. Chile - 0.15 million new jobs

13. Ecuador - 0.15 million new jobs

14. Cambodia - 0.15 million new jobs

15. Haiti - 0.10 million new jobs

16. Greece - 0.10 million new jobs

17. South Sudan - 0.10 million new jobs

18. Serbia - 0.10 million new jobs

19. Jordan - 0.10 million new jobs

20. Tunisia - 0.10 million new jobs

21. Portugal - 0.10 million new jobs

22. Belgium - 0.10 million new jobs

23. Togo - 0.10 million new jobs

24. Sweden - 0.10 million new jobs

25. Honduras - 0.10 million new jobs

26. Azerbaijan - 0.10 million new jobs

27. Dominical Republic - 0.10 million new jobs

28. Austria - 0.10 million new jobs

29. Hungary - 0.10 million new jobs

30. Bolivia - 0.10 million new jobs

31. Switzerland - 0.10 million new jobs

32. Hong-Kong - 0.10 million new jobs

33. Rwanda - 0.10 million new jobs

34. New guinea - 0.10 million new jobs

35. Tajikistan - 0.10 million new jobs

36. Cuba - 0.10 million new jobs

37. UAE - 0.10 million new jobs

38. Belarus - 0.10 million new jobs

39. Benin - 0.10 million new jobs

40. Libya - 0.05 million new jobs

41. Mauritania - 0.05 million new jobs

42. Slovakia - 0.05 million new jobs

43. ELS Salvador - 0.05 million new jobs

44. Central African Republic - 0.05 million new jobs

45. Bulgaria - 0.05 million new jobs

46. Ireland - 0.05 million new jobs

47. Nicaragua - 0.05 million new jobs

48. New Zealand - 0.05 million new jobs

49. Israel - 0.05 million new jobs

50. Norway - 0.05 million new jobs

51. Moldova - 0.05 million new jobs

52. Liberia - 0.05 million new jobs

53. Singapore - 0.05 million new jobs

54. Papua new guinea - 0.05 million new jobs

55. Laos - 0.05 million new jobs

Earning is dependent on GDP (gross domestic product), Per capita GDP, Purchase power parity (PPP), Households wealth, Interest rate, indirect tax system, tax Rate, etc.

Gopal Maheshwari.

(M.A. – Economics)

S/o Om Prakash Jhanwar

Address- Agua Bass, Near Mohanpura Tank,

Nokha- 334803

District- Bikaner (Rajasthan)

Country - India

Mobile- +919413105143/ +919314661037