#galaxysurfactants #Q3investorpresentations

:Q2 momentum spilled into Q3
:Speciality segment double digit growth
:Domestic mkt double digit growth
:Interim dividend Rs 14

Vols Q3fy21/20
Performance surfactants 36618/34978
Speciality 21620/19295
Total 58238/54273

What is the Gujarat Model of ‘development’? Thread.

1. Gujarat spends less than 2% of its income on education (the norm is 5-6%) with the result that 45% workers in Gujarat are illiterate or studied up to the fifth standard with the quality of education very poor. (The Wire)

2. Public expenditure on health is 0.8% of the state income, well below the norm of 4-6%. Gujarat is decelerating very fast in almost all health indicators.

3. Forty-five percent children in the state are undernourished and the decline of maternal mortality rate has decelerated.

4. Close to 93-94% workers are in informal and traditional sectors with low incomes and low social security.

One of the reasons it attracts businesses is because of the low wage rates, which are comparable to that of Uttar Pradesh.

5. The Gujarat government's cumulative public debt has shot up to an astronomical ₹2,40,651 crore in 2018-19 and estimated to rise to ₹2,66,990 crore in the current financial year, which is ₹62,000 crore more than the total budget of ₹2,04,815 crore.

6. During the Vibrant Gujarat investors’ summits held between 2003 and 2011, MoUs were signed pledging investment totalling ₹40 lakh crore. However, only 8 per cent of the promised investment, amounting to just ₹3 lakh crore actually came.

Secrets of Ganapati (Author - Keshav Sitaram Thackeray)

This article is taken from Keshav Sitaram Thackeray's book 'Dharmachi Devale and Devalcha Dharma'. In it, Bal Thackeray's father is claiming how the Hindu deity of Ganesha is imaginary.
(1/20)

Buddha is Ashtavinayak and "Ganapati Bappa Morya" is "Chandragupta Morya".

In the era of democracy, the head of state is the President. But in ancient India, there was a Gana culture in the monarchy and the head of that Gana was called Ganapati
(2/20)

In ancient India, a prince named Siddharth Gautam was born in royalty. He later became the king of Shakya Gana in this Gana culture. In time, Siddhartha attained enlightenment.

Let us now understand the difference between a real Ganapati and an imaginary Ganapati.
(3/20)

Some clever Brahmin manuvadis made the real Ganapati the imaginary Ganapati.

Buddha was the king of the Shakya Gana, so people called him Ganaraja. He founded Buddhism and became the head of the Shakyas. As the head of Gana, people used to call Buddha as Ganapati.
(4/20)

But the Brahmins Brahmanized Ganapati and created a false Ganapati. When Buddha used to give the message of Dharma to the people, two words would come out of his message. Chitta and Malla.

Chitta is the body.
Malla means waste
(5/20)

I know the #COVID-19 numbers in India are not looking good, but here are my (not so) random thoughts on it

We have 2 options – one, rant & rail against the ‘system’ and lament how it has let us down; second, do whatever we can to avoid getting infected & if infected, minimize adverse consequences to ourselves & others. If you belong to the first, you can stop reading now

How can we avoid getting infected? There’s no magic bullet, I’m afraid. This is primarily a “stick to the basics” approach. More difficult than it sounds.

First, maintain all precautions that we know help. These include masks (whenever you are not at home and not alone), physical distancing to the extent possible, and washing hands frequently. The 3 Ws – Wear a mask, Watch your distance, Wash your hands.

Masks work, and are probably the most important precaution given our current understanding that aerosols are the predominant mechanism of spread. The best is a well-fitting N95 mask, which is now widely available & not too expensive – you could re-use them too.

I truly believe next 25 years of India will be better than previous 75 put together.

Happy Independence Day

Jai Hind