SRI An 88-Word Initiative To Enrich Indians 1100%

India is in a crater-deep crisis economically vis-a-vis China. India's weakness has emboldened China to aggressively checkmate us in the Indian Ocean, our own backyard. The ideas presented in the book are the only cure for India's ills and to entomb China's hegemonic ambitions. Besides, India has become a colony for foreign corporations as our clueless policies stifle and euthanize our corporations’ animal spirits. The same policies atrophy the creative energies of Indian youth; they flee with one-way tickets to the US; SRI will reverse brain drain to brain gain.

With a mere 88 words, the book's initiative will radically transform India, reforming it more than all reforms combined since 1991. With a maverick approach, Srinu Raju poses questions you did not know to ask and presents solutions that are right in front of your eyes – all ideas widely followed in the richest democracies – and presents a blizzard of data to buttress his reasoning.

Some of the questions raised are: (A) Indian experts have suggested numerous ways to demonetize in a better fashion. Nobody asked the most important question: Why is India the only country in the world to have to demonetize 85% of currency? The rich countries have the solution, hence they never had to demonetize. (B) Why is black economy such a large portion of the Indian economy? Answer: the Indian Finance Ministry explicitly blesses the black economy with its tax policies, and then spends money fighting it.

(C) Singapore has a 2000% higher population density than India, yet slum-free. At the same time, India is full of slums. What is the root cause? (D) Why do the Chinese pay 4.9% for 30-year fixed mortgage rates and Indians pay 10%? (E) China has 800 million jobs and India has 520 million. Both have identical populations. Why is India lacking 280 million jobs? India’s target for job creation is an abysmal 10 million. India created near zero jobs in 3 years. Why is India lagging so pathetically? (F) In peak years, China grew at 13% while India perennially struggles to grow at 8%. Why so? (G) China exports $2100 billion vs India’s $260 billion – and shamefully, India’s exports have not grown in 7 years. Why is India so infirm?

Despite these facts, the author asserts with irrepressible optimism that it is India’s manifest destiny to be the world’s largest economy. He offers solutions to script a new future for India — to make India 1100% richer in 20 years. Modi is a great blessing to India. He works hard. Instead he should work smart using ideas from the 50 richest countries suggested in the book. SRI asks banks to cease lending to builders including DLF, Lodha, Unitech, as all builders will be bankrupt if SRI’s proposals are enforced. New builders will emerge to build a new gleaming India, with much larger, US-like homes for all. With SRI, Sensex scales to 750,000 by 2037 and an acre of urban land will sell for ₹4.4 lakh, a godsend to the middle class. SRI slays middle class mortgage payments by 76% for a typical home.

SRI will end poverty, slums, and farmers’ suicides, vanquish 80% of black money and create 200 million jobs, with no cost to the government. It cuts interest rates to below 5% - same as in China. India’s GDP is $2.5 trillion. SRI will add $25 trillion–$75 trillion in a special case – to our GDP. Without SRI, India will be stuck as a ‘lazy’, imbecile power middling in a world order dominated by Red China. The book exposes how China will be undone by imminent political, demographic, economic storms. India will have 60% more population than China by the end of this century. SRI will make India leapfrog over China breezily.