Economics of a 3600 crore ₹ statue?

FRISCO.pngDoes such a statue make sense? Could it make any sense?

It is hard for this enormous expense to make sense in a state where uncountable number of farmers commit suicide.
It is hard for this to make sense in a country where about a quarter of the world’s poverty resides.
It is hard for this to make sense in a country where women’s security forces are highly questionable.
It is hard for this to make sense when we are more concerned about the black money hidden inside of closets, rather than the one overseas. And it is quite ridiculous when we will ignore all this, and structural reasons causing this, and arrest that one person who is not wearing a helmet, or breaks a signal.

The weekend that went by had Prime Minister Modi inaugurate the site where the grand structure would hopefully (not ever) get constructed. The economics of this site can only rest on two things-

The site is expected to attract a large number of tourists, which could only earn any profit in ten years, if a minimum of thousand people visited the site per month, and paid 30,000 per ticket.

Re-instate communal history
The statue would represent the communal history of the people of Maharashtra – which may be a requirement according to some groups. But yet that demand holds no validity in the face of on-going droughts, and financial emergencies of the common people. When Aamir Khan’s Paani foundation helps the farmers of Maharashtra, no one cares about his religion or assumed communal history. In a country where a poor person’s emergencies receive very little attention, anyone willing to help, is welcome.

It is tragic to imagine how far the environment would be destroyed due to such a construction. Literally a small island needs to be built to hold the world’s largest statue. It is a huge architectural load, and an environmental nightmare.

If you want to communicate to the Chief Minister of Maharashtra, then sign the petition against this disastrous wastage of wealth, by clicking on the image below:


5 thoughts on “Economics of a 3600 crore ₹ statue?

  1. It’s really sad to read your thoughts. The author is invariably a left oriented person whose basics are wrong. The iconic structure will be a unique marvel showing the strength n might of our heritage saviour. Author needs to visit many a poorest of the nations to see how well they portray their cultural historic themes in various extravagant forms n are proud of them. Tha statue not only ll be a great tourist attraction but also a symbol of power n might of protectors of indias destiny cautioning the devil detractors.
    Author must understand the difference between communities and religion before talking about communal aspect. Seems a deep influence of dirty left inclination on the authors mind. It’s utter nonsense to talk about farmers death in any relation to the structure. It’s a proud creation and a. Atul also asset. Can write a billion words to demean and disgust authors claims which are biased and superficial

    Liked by 1 person

      • It seems Charity begins at home. The day you turn off your refrigerator and air conditioners at home office or cars I ll know what good or sin they do to environment. Practice before you preach my friend. Environment concerns should begin from our garbage bin at home.

        Liked by 1 person

      • I feel you are diverting away from the point, that clearly is the prioritization of national funds, as this is an economic article. I fail to see your comparisons with poorer countries, as the countries which are poor and portray their culture extravagantly, do not have the same problems as India in terms of sheer population. Also, believe me, those countries don’t share India’s ambitions to become a superpower, and are going to remain poor for many more centuries, and if we want to compete with superpowers, would need that reserve of the tax payers money to be used wisely; again priorities.
        Secondly, yes I agree that it would be a great symbol of power and strength of a truly Indian leader, born and raised in the country. But being a Maharashtrian, it is sad to see the killas(forts) not maintained properly, which is a true testament to the Maratha warriors greatness. I’m sure they would serve as much better tourist attractions, and people would actually feel the might and awe of his rule as they walk the same corridors in the forts and Palaces he walked, rather than just stare at a gigantic statue of him. I’m sure he himself and his host of advisers would never want that. Again from an economic point of view, I have been following the news of the statue for the past year, and the cost of building it has risen in a multiple of 35 times since it was proposed, and will increase more as construction goes on. You points are valid, but not in the current scenario. Hope you agree with my point of view, as I have taken time to read up on it!

        Liked by 1 person

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