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Maheshwer Peri Profile picture
@maheshperi
Aug 27, 2021 • 8 tweets • 2 min read • Read on X
India is on a fire sale. Every monetizable asset is up for sale. With debt ballooning to 135 Crore Crores, we will soon be left with no assets(built over 75 years), a debt of Rs.1 Lac on each citizen and many liabilities that will emerge by the day that we never knew existed.
Keep a watch on how the disinvestment pans out. A government that failed to sell the 80000 Crore Liability called Air India will now be selling profitable assets. Good assets(Like Container Corporation) will be palmed off to cronies and the bad assets to PSUs.
Here is a list of disinvestments
1. ONGC Buys HPCL for Rs 36915 crores. Govt. makes money. ONGC debt goes up from 30680 crores to about 80000 crores today. ONGC in deep Debt.
2 PFC buys REFC from GoI for 14,500 Crores. Govt. makes money. PFC loans money from PSU banks. PFC in debt.
3. ONGC, Oil India, BHEL, Nalco etc forced into buyback of shares for about Rs.10000 crores:
- ONGC buy back for Rs. 4,826 crore
- BHEL buy back 5.16% for Rs. 1,628 crore.
- NALCO buys back Rs. 505 crores of GoI shares.
- Indian Oil bought back 4435 crores of shares etc.
4. Coal India 'offer for sale' netted Rs 5,218 crores to GoI.

5. IDBI Bank, sold to LIC: Rs.14500 crores. Average price for LIC @54. Current price @37.

6. The failed project and debt ridden GSPC KG Basin that hides a million shenigans was bought by ONGC for 8000 crores.
What I fear is this:
Good assets will move into cronies hands.
Bad assets will be bought by PSUs. Assets that have a lot to hide will be in the sell list.
Government will sell our ancestral home and silvervare to fund its lunch and dinner expenses.

Good Morning, India.
*135 Lac Crores

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More from @maheshperi

Maheshwer Peri Profile picture
Apr 16
Thread: The movie #12thFail may be a good but the message by @VVCFilms is misguiding students. UPSC rules specify that aspirants can attempt the exam SIX times or till they turn 32 years. With the ‘RESTART’ clarion call, the movie destroys thousands of careers. Let me explain:
1. From 2006 to 2009 (4 years), a total of 14.52 lac students applied for UPSC Civil services (Average 3.63 lacs/year).
A total of 40,413 students qualified for the mains (average 10,103/ year).
A total of 7858 students qualified for interviews (average 2435/year).
2. The total UPSC vacancies in those 4 years were 3157 (993/year).
It means that for every 365 students, only ONE student qualified at the UPSC. 364 failed!!!
Read 7 tweets
Maheshwer Peri Profile picture
Apr 8
The stock portfolio of Rahul Gandhi shows his choice of companies, the sectors he likes. He believes in traditional as well as new age tech. The portfolio has blue chips, high on transparency and governance backed by a solid management. Here is a partial list. Thread:
1. Alkyl Amines Chemicals Ltd.
Share price in 2019: 330
Share Price in 2024: 2150
Growth in 5 years: +550%
2. Asian Paints Ltd, a household name, Solid in fundamentals backed by committed founders.
Share price in 2019: Rs.1409
Share price today: 2900
Growth: +105%
Read 12 tweets
Maheshwer Peri Profile picture
Apr 6
Thread: Busting the IIT placement myth: Many believe that joining an IIT guarantees success. After 4 years, 23% of India’s topmost students are left holding nothing than an IIT tag. IIT name doesn't get you a job. It is the course that you do that gets you a job.
1. In IIT Roorkee, the total placements were 91%. But 60% of students of Engineering physics, 35% of civil engineering, 33% of industrial engineering students could not be placed though they registered for placement.
careers360.com/premium/iit-ro…
2. 2.IIT Kharagpur: Here, only 86% students who registered for placements were actually placed. 55% of Biotech engineers, 33% of Aerospace engineers, 30% of civil engineers could not get a job at campus placement.
careers360.com/premium/iit-kh…
Read 12 tweets
Maheshwer Peri Profile picture
Mar 27
Thread: India Education Report Card on Higher Education (2014-2023):
The source of Data is from the UGC, AISHE and RBI Reports. I tried to take the latest data, where available from UGC
1. Excluding INI’s our universities grew 68% in 8 years from 655 in 2014 to 1100 in 2022. Most INI’s like IITs, IIMs, IISER etc. were existing stand alone institutions now getting a degree granting status. Deemed Universities, did not grow much.
2. The real story begins here.
State Public Universities grew from 318 in 2014 to 482 today.
However, State Private Universities grew three-fold from 154 to 477 universities in just 8 years.
For the first time, India has as many private universities as public universities.
Read 9 tweets
Maheshwer Peri Profile picture
Mar 26
Thread: India Education Report Card (2014 to 2023):
Let us start with School Education. How has the government performed in the last decade? This thread will explain through data, India’s efforts to claim its demographic dividend. Comparisons are drawn based on available data:
1. India’s population grew from 121 Crores to 139 crores in 2023, a growth of 14.64%.
2. The Number of govt schools in India were 12.04 lacs in 2014 but fell to 11.28 lacs by the end of 2022. While our population grew by about 15%, our public schools fell by 7%, widening the gap.
3. Correspondingly, private schools went up from 2.55 lacs to 3.35 lacs, a growth of 32%.
4. While population growth should lead to growth in enrollments, in reality, they didn’t. In 2014, enrollments in schools were 268.3 lacs, which fell to 265.24 lacs in 2022, a fall of 1.2%
Read 7 tweets
Maheshwer Peri Profile picture
Feb 13
Thread: The horror stories by 'loot and scoot' admission agents entrapping Indian students for study abroad is growing by the day. Though this thread is just about MBBS Abroad, the modus operandi remains the same:
1. Of the 496 MBBS colleges that Indian students studied at, 218 colleges were not accredited even in their home country. Unfortunately, 18,878 Indian students were lured to study in these colleges. 
medicine.careers360.com/articles/fmge-…
2. Most colleges did not have an hospital of their own. Students learn theory but never have the skill as they never treated a patient. Like our Kota, they teach students to crack the FMGE while not skilling them. 
medicine.careers360.com/articles/fmge-…
Read 5 tweets

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