Anyone of the following things can be done with that kind of money.
• 10 IITs.
• 10 IIMs
• 10,000 primary schools assuming 5 crore capital investment per school. Each
school would teach at least 1000 students, thus the money would provide
education to 10 million children.
• Metro rail for Mumbai with a carrying capacity of 4 million per day.
• Slum rehabilitation: Assuming Rs. 1million per house, homes for 0.5 million
• Employment guarantee: Assuming minimum wage of Rs. 100 per day for 200
days in a year, employment can be provided to 2.5 million people.
• 10 million computers with broadband connectivity for 1 year.
• CNG distribution infrastructure for at least 5 cities of the size of Mumbai.
• Sewage treatment (100%) for all the waste generated by Mumbai.
• Assuming Rs. 1 million per public toilet ( with proper maintenance and sewage
disposal) catering to 100 people per day, 0.5 million toilets can be built which
would service 50 million people (equivalent to 3 Mumbais).
Just imagine what difference each of the above measures would make to the Indian
society and economy.
But, you must be wondering from where to get the Rs. 50,000 crore. Simple: stop giving subsidies on petrol, diesel, LPG and kerosene and that kind of money will be available per year.