Statue of Unity

[MagaMaharaju]

3000 crores spend cheyadam entha varaku correct. 

[Android_Halwa]

If it’s public money, it’s a concern.

its private funded money. It’s a commercial structure which charges you money to visit this monument. 

There is commerce involved and few hundred thousand depend on this structure, tourism etc.

its is an investment, not spending.

[busstand_bathku]

6 minutes ago, MagaMaharaju said:

3000 crores spend cheyadam entha varaku correct. 

Chaaala correct 0.2 billion $ ye but the value it adds to our indian heritage/tourism is much more. Also it potrays india as pro tourism country.

[Android_Halwa]

A private company raised funds to built and operate the structure and tourist activities. 

Gujarat govt gave 200 crores and central government gave another 200 crores. 

The remaining 1100 crores were raised by L and T to built this structure. 

I have no idea where the figure of 3000 crores came up from. 

[TOM_BHAYYA]

4 minutes ago, Android_Halwa said:

If it’s public money, it’s a concern.

its private funded money. It’s a commercial structure which charges you money to visit this monument. 

There is commerce involved and few hundred thousand depend on this structure, tourism etc.

its is an investment, not spending.

Not sure if it is true.. as per recent debates.. most of the money funded by gov companies (oil) .. isn’t it quid pro quo?

[Android_Halwa]

People still don’t understand the importance of infrastructure but onmy infrastructure investment can pull out millions out of poverty. It’s not IT that provides mass employment and livelihood but it’s infrastructure that helps in upliftment. 

People who think it’s waste, are the ones who nod their head to the media and least interested to know the facts. 

[MagaMaharaju]

5 minutes ago, Android_Halwa said:

A private company raised funds to built and operate the structure and tourist activities. 

Gujarat govt gave 200 crores and central government gave another 200 crores. 

The remaining 1100 crores were raised by L and T to built this structure. 

I have no idea where the figure of 3000 crores came up from. 

Circulating in whatsapp 

[Android_Halwa]

5 minutes ago, TOM_BHAYYA said:

Not sure if it is true.. as per recent debates.. most of the money funded by gov companies (oil) .. isn’t it quid pro quo?

Gujarat Government allocated 200 crores and Union also alloyed 200 crores. 

I have no idea about this quid pro by guj oil companies but it’s built on PPP model. When it is PPP model, why would it bother to us even if the funds raised are quid pro ? It’s owned and operated by L and T. May be it is quid pro to L and T but what’s wrong with it ? I mean, I do not see any gross violation of law or ethics. For a company like l and T, 3000 crores is very very small thing, he can even write it off as devaluation of assets for one quarter and would still makes sense. 

[Paidithalli]

1 minute ago, TOM_BHAYYA said:

Not sure if it is true.. as per recent debates.. most of the money funded by gov companies (oil) .. isn’t it quid pro quo?

+1 that too state owned companies like Indian oil..bjp is just wooing Patels for next elections . Seriously waste of money 

[Android_Halwa]

3 minutes ago, MagaMaharaju said:

Circulating in whatsapp 

Correction: it is 3000 crores indeed. 

[Run]

10 minutes ago, Android_Halwa said:

A private company raised funds to built and operate the structure and tourist activities. 

Gujarat govt gave 200 crores and central government gave another 200 crores. 

The remaining 1100 crores were raised by L and T to built this structure. 

I have no idea where the figure of 3000 crores came up from. 

https://www.indiatoday.in/fact-check/story/fact-check-statue-of-unity-funding-1384904-2018-11-09?fbclid=IwAR0QI_pGElkZH2nH4iEeTplNskaQBExSlm0NqQpVBL1iJOZ_WvNLBQtpy7U

 

[TOM_BHAYYA]

2 minutes ago, Paidithalli said:

+1 that too state owned companies like Indian oil..bjp is just wooing Patels for next elections . Seriously waste of money 

@Android_Halwa - exactly this is my point .. state owned company money .. gov money avvadha?

[Android_Halwa]

And it’s not quid pro

Every MNC in India has to spend a percentage of their profit on social outreach. It’s their wish where they have to spend but o think the percentage is 2% of the profit. 

Eveey corporate in India has to file their 2% on CSR. Over the years, PSU’s like Indian oil, ONGC , LIC etc have accumulated thousands of crores of such dud which is lying under utilized . Such funds were also contributed to the funding. 

Even in the past, many such PSU’s have contributed to many such things and why is such a fuss being made about it ?

ita quite normal...quite common..!

even private companies like infotech, Infosys, wipro etc also have this fund and they spend on education, health, other facilities. Infotech spends this fund on few schools in and around madhapur areas...

[Android_Halwa]

5 minutes ago, TOM_BHAYYA said:

@Android_Halwa - exactly this is my point .. state owned company money .. gov money avvadha?

No. State owned companies money...its not govt money.

This money is part of CSR fund of the companies. Oil companies have literally thousands of crores which only has to be spent on CSR activities but not on reducingfuel rates.  

This is a common practice..

[Android_Halwa]

https://www.indiatoday.in/fact-check/story/fact-check-statue-of-unity-funding-1384904-2018-11-09

UNDERTAKING	AMOUNT GIVEN UNDER CSR
Oil and Natural Gas Corporation Limited	Rs 50 crore
Indian Oil Corporation Limited	Rs 21.83 crore
Bharat Petroleum Corporation Limited	Rs 25 crore
Hindustan Petroleum Corporation Limited	Rs 25 crore
Oil India Limited	Rs 25 crore