This is the simple story that's probably known to most people, but
nonetheless needs to be retold to emphasise the fact that money is not
the most important thing in life. And that those who think that it is,
are living in a fool's paradise.
When the BJP-Shiv Sena led a coalition government in Maharashtra, it built the Bombay-Pune Expressway as also 35 flyovers over the two Express Highways leading to Bombay city. The total cost of these projects was estimated at Rs. 3,000 crores (Rs. 1,350 crores for the flyovers and Rs. 1,650 crores for the Expressway).
Even though the government had no money, it created a company, the Maharashtra State Roadways Development Corporation (MSRDC), appointed an able IAS officer, Mr. R.C. Sinha, as MD and CEO and asked it to go ahead and implement projects worth Rs. 3,000 crores.
However, there was another roadblock. Bankers insisted that the government would have to put in something to run the show and asked it to come up with some equity. And how much did the government put in? A mere Rs. 5 crores! With that paltry equity, the MSRDC went ahead and, 15 years ago, built the Bombay-Pune Ex- pressway and 35 flyovers over the two Highways in Bombay.
The moral of the story, according to the narrator, Mr. Niranjan Hiranandani, the creator of the iconic Hiranandani Complex in the once-barren Powai, is that money is not the most important thing in life.
"Whether it's housing, whether it's re-housing, infrastructure or new concepts, money will follow innovative ideas wherever we can create them, whether in government or the private sector, whether you are putting up a hospital, a building or industry.
"Money is available for any innovative business, good people are not. Leadership is lacking. We do not have the foresight or vision to do things that we want to do. If we put the rest of these components together, we can save lives, we can have the youngest of people deliver, we can get ideas from women who may otherwise not look educated...
Read More: http://www.rotaryclubofbombay.org/Article.aspx?articleid=d5ff6694-ac40-4022-bcc0-4913a11d24bf
When the BJP-Shiv Sena led a coalition government in Maharashtra, it built the Bombay-Pune Expressway as also 35 flyovers over the two Express Highways leading to Bombay city. The total cost of these projects was estimated at Rs. 3,000 crores (Rs. 1,350 crores for the flyovers and Rs. 1,650 crores for the Expressway).
Even though the government had no money, it created a company, the Maharashtra State Roadways Development Corporation (MSRDC), appointed an able IAS officer, Mr. R.C. Sinha, as MD and CEO and asked it to go ahead and implement projects worth Rs. 3,000 crores.
However, there was another roadblock. Bankers insisted that the government would have to put in something to run the show and asked it to come up with some equity. And how much did the government put in? A mere Rs. 5 crores! With that paltry equity, the MSRDC went ahead and, 15 years ago, built the Bombay-Pune Ex- pressway and 35 flyovers over the two Highways in Bombay.
The moral of the story, according to the narrator, Mr. Niranjan Hiranandani, the creator of the iconic Hiranandani Complex in the once-barren Powai, is that money is not the most important thing in life.
"Whether it's housing, whether it's re-housing, infrastructure or new concepts, money will follow innovative ideas wherever we can create them, whether in government or the private sector, whether you are putting up a hospital, a building or industry.
"Money is available for any innovative business, good people are not. Leadership is lacking. We do not have the foresight or vision to do things that we want to do. If we put the rest of these components together, we can save lives, we can have the youngest of people deliver, we can get ideas from women who may otherwise not look educated...
Read More: http://www.rotaryclubofbombay.org/Article.aspx?articleid=d5ff6694-ac40-4022-bcc0-4913a11d24bf
I agree with this Article, really money is not so much important, one can buy anything with money but not good thoughts and good people.
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