Saturday, June 07, 2008

A smart model to beat the oil prices. Is it possible?

I like to present 2 news items here.

The biggest gainer, though, is arguably BCCI - which is projected to rake in a profit of Rs 350 crore from IPL in the first year itself. This would be more than BCCI's profit of Rs 235 crore for all of 2007. In all, IPL will bring revenue of Rs 1,200 crore a year into cricket, more than double the government's entire sports budget of Rs 490 crore. --- Times of India dt:30 May 2008

In Tamil Nadu, self-managed private engineering colleges earned Rs. 240.62 Cr in a year from their students. -
Ramadoss on private college Fees hike.

What we understand from above news? Money is abundant. With the money that is collected as part of something else can be diverted to solve different problem i.e. like oil price hike. As we all do, government can take control of one department's profit and to use it for other ailing department for the betterment of the whole country.

But is it possible? Who is ready to bell the cat?

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