Saturday, October 02, 2010

Natural calamities are god send in India. If any state has drought, floods or landslide the state government immediately demands billions of rupees in assistance from the central government. That is bonanza time for criminal politicians and thieving civil servants who rake in the moolah. Most of the cash is divided between the looters and the people are given token amounts. This year's heavy monsoon rains mean that Uttarakhand and UP had floods while Bengal initially had drought but has good rainfall now. Bengal has already demanded assistance from the center. Uttarakhand initially demanded Rs. 50 billion but has now upped it to Rs. 210 billion. This is a small hill state carved out of UP where the people are dirt poor but property prices are red hot. A six hundred sq. foot shop recently sold for Rs. 12.5 million which is more than Rs. 20000 per sq. foot. This is because this is arguably the most corrupt state in India. Everyone seems to be on the take and any two bit politician or civil servant has an official car with siren, flashing lights and police escort armed with AK47. Roads break up after one shower, electricity distribution is erratic because of poor equipment and the land mafia is building on public land without restraint. The previous chief minister was a disaster. He insisted on proper quality and tried to stop land grabbers. Contractors, builders and property dealers were up in arms and he was forced to step down. Now everyone is happy. Property prices are rocketing reflecting the amount of black money and will go up further if the center transfers funds. Floods and landslides mean huge profits. Diwali will indeed be enjoyable.

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