Reborn as the richest man in India
Chapter 224 Received more than 60 billion (please vote for me)
"Manmohan, Qiaogo's words may seem a bit absurd, but after careful consideration, they still make sense. Let's not talk about Iraq. Who can guarantee that there will be no conflicts or wars in other places? This world is very unpeaceful. ." Bupeng reminded aloud, "We really need to pay more attention to the issue of foreign exchange. If we don't find out that we don't have enough foreign exchange at the end of the day, there will be big trouble."
Manmohan shook his head. In fact, he had realized it.
Although Qiao Ge's words were all speculation, he still needed to take this kind of thing into consideration.
As a policy maker, you must consider everything carefully, otherwise it will be too one-sided.
"So Qiao Ge, how to increase foreign exchange? In addition to saving, you are doing well now. Organic agriculture and high-end mineral water have indeed saved a lot of foreign exchange consumption." Manmohan said.
He has learned about the foreign exchange consumption in the past month. The import volume of organic agricultural products and high-end mineral water has almost dropped off a cliff. This is really due to Qiao Ge.
"How to increase exports is a matter for the country to consider. I don't have any good ideas, but there is one thing that can be done." Qiaogo said, "Strive to allow more expatriates and workers abroad to remit foreign exchange back, and completely improve the remittances." We can give more discounts, for example, the exchange price can be higher.”
"That's one way." Manmohan smiled and said, "But it may be difficult to pass these policies."
Qiao Ge didn't answer. This had nothing to do with him.
Besides, I said these are enough, what’s the use of adding more, no matter how good the method is?
Anyway, it is basically impossible to get through to the parliament.
Otherwise, it would not have nearly bankrupted the country later.
"Too little foreign exchange is indeed not safe. You really need to raise this issue with the higher authorities." Bu Peng said.
"Try your best." Manmohan sighed, "Our Prime Minister is so bad at politics and economy."
At this point, Manmohan stopped talking.
Qiao Ge did know what he wanted to say.
Rajiv's political and economic talents are actually very average.
After all, he was not in politics at the time, but after his mother was assassinated, he was forced to take over and then join politics.
In politics, many things are indeed unsatisfactory.
The same goes for the economy.
In 1991, the economy collapsed and foreign exchange was tight. Mainly because he relaxed import controls, which led to a large consumption of the country's foreign exchange reserves.
However, there were achievements during Rajiv's reign.
For example, the investment in education is quite large, especially in the IT industry. It is with his strong support that India's IT industry has become world-famous.
"Forget it, don't mention foreign exchange in advance. The domestic finance is still tight at the moment." Manmohan said, "Actually, I don't agree with the license auction. If this sets a precedent, then other licenses are Doesn’t it also have to be auctioned? The license can be auctioned, but can other things also be auctioned? For example, positions in government departments?”
"Manmohan, you think too much." Bu Peng said.
"This is not alarmist, old friend." Manmohan stared at Bu Peng and said, "Once you taste the sweetness, I'm afraid it will be difficult to stop. Not to mention positions, but some state-owned mines, resources, etc. You can always sell it, right? If you sell it if you don’t have money, then what future does this government have?”
Bu Peng didn't say anything. It couldn't be denied that Manmohan's worries were reasonable. But what could he do?
Anyway, the license auction is a done deal, it’s just a matter of how it’s done.
Regarding these, Qiao Ge did not want to answer or participate.
But he felt funny in his heart. By that time, wouldn't all these be sold?
During the 91 reform, marketization, privatization of state-owned companies, and allowing private companies to enter energy, mining and other industries, weren't they all sold out?
The person in front of me is the one who formulated these policies, although he seems to be firmly opposed to them now.
But Qiao Ge also knew in his heart that this was the case and the other was the case.
The economy has not yet reached that level of difficulty, so Manmohan obviously will not think of taking what seems to be an extremely extreme method at the moment.
Even if he thought of it, he wouldn't use it, and no one would support it.
"Qiao Ge, if it's your opinion, how many petrochemical industry licenses would be appropriate to auction?" Manmohan suddenly stared at Qiao Ge and asked.
These words made Qiao Ge's heart skip a beat.
I don't want to talk about such a big thing.
Just now he just said there were too many permits, but he really hadn't thought about how many.
"Well, since the government has decided to auction, I think we should find a balance between everyone's needs and the government's collection." Qiaogo replied.
"You're being naughty." Manmohan stared at Qiao Ge and said, "Don't worry and say what you said just now. There are only three of us here, and the words will not fall into the ears of the fourth person."
Qiao Ge smiled awkwardly. He seemed to have said what he just said, but in fact it seemed that he didn't say anything.
He thought he could get away with it, but did he forget that these two people in front of him could be so easy to fool?
Having said this, Qiao Ge didn't dare to fool around anymore.
He pondered for a while and said: "Mr. Singh, I think that in industries like petrochemicals, even those bidders must have corresponding thresholds. When the quantity is not large, then ensure the quality and let them invest. The scale must be large. For the government, a few large petrochemical companies are easier to manage than a dozen or twenty companies of varying sizes."
"That makes sense, so how many do you think is appropriate?" Manmohan asked.
"I think ~~ 5 is almost enough." Qiao Ge said, "The quantity is small and the competition is fierce. Everyone will compete for it during the auction. Otherwise, there are too many places, and everyone is likely to get it anyway, so those people may privately If an agreement is reached and the deal is concluded at a low price, wouldn’t it be the government that suffers?”
Manmohan smiled and said, "Then the starting price must also be raised."
"That is, the higher the better, the higher it means the stronger it is, and there will be no problem when the time comes." Qiao Ge said with a smile.
"Qiao Ge, you don't participate yourself, so you wish that the price would be as high as possible? That's a bit of schadenfreude." Bupeng said a little speechlessly.
"Professor, you can't say that. I'm doing this all to increase the national fiscal revenue." Qiao Ge looked like he was serving the public.
For Qiaogo, it would be better to issue fewer petrochemical licenses.
Otherwise, if there are too many, it will be much more difficult for you to intervene in the future.
There are fewer licenses issued now, so there will be fewer petrochemical companies added. In a few years, our side will become stronger and ask the government to increase licenses. I believe the resistance will not be so great.
Otherwise, some people who oppose it can say that companies in the petrochemical industry are enough, and that would be too detrimental to them.
After Qiao Ge came back from Bupeng, he kept thinking about what Manmohan was thinking.
Did he listen to himself and reduce the number of licenses?
These are big guys, and few things can make them emotional. Anyway, I can't tell anything from the change in Manmohan's expression.
It can be said that Manmohan's expression has not changed at all.
However, Qiao Ge still prefers that the number of licenses should be reduced. A dozen is really too many.
No matter what industry it is, if so many similar projects are launched at once, will the market be able to digest it by then?
It is likely to cause unnecessary waste and losses.
Of course, Qiao Ge was too lazy to think about this.
It can be heard from Manmohan’s words that the license auction should be a recent event.
And it is very likely to be held in Mumbai.
This surprised Qiao Ge.
Not in New Delhi?
Is this to avoid interference from powerful people over there?
Unlike, even if it is placed in Mumbai, the powerful people in New Delhi will still interfere and interfere when they should.
Then it is very likely that it is to let more rich people in Mumbai join.
It makes sense when you think about it.
It's just that Qiao Ge still has a third thought in his heart, and that is whether this is because of the Reliance Group.
Qiao Ge remembered that in his previous life, Reliance Group entered the petrochemical industry in the next few years, anyway, before the reform and opening up.
The headquarters of Reliance Group is in Mumbai. If he comes forward and some rich people in Mumbai exert their efforts, it is really possible.
"Reliance Group." Qiao Ge sighed secretly in his heart.
Even if the Reliance Group has not grown into the giant it was in its previous life, it is now a behemoth in India and its influence is naturally great.
However, Qiao Ge was very satisfied with being able to meet Manmohan and have in-depth communication with him this time. He believed that the impression he had left on him should be deep enough.
Three days later, the government issued an announcement formally confirming the auction of petrochemical industry licenses.
The time was set for January 10, 1987, almost half a month later.
The time given to everyone is not too much, but everyone has been prepared beforehand, and half a month is actually almost enough.
Of course, Qiao Ge understood it immediately, and the above content surprised him very much.
There are only three places in the auction, two less than the five he proposed.
He thought that his five quotas were almost there, but he didn't expect that Manmohan would directly cut off two more.
It has been clearly stated in the announcement that the National Planning Commission is responsible for this matter, so it does not mean that Manmohan is responsible.
Qiao Ge can imagine that the next bidding will be extremely fierce.
A few days ago, after the news of the license auction came out, there were many rumors on the market.
Due to the large number of licenses, some family forces that had not originally planned to enter the petrochemical industry have also begun to take action.
As Qiao Ge said, some people really began to communicate with each other privately to prepare for low-price bidding.
But as soon as this announcement came out, these people's previous efforts were in vain.
There are only three spots, and only truly powerful forces can grab them.
In addition to the reduction in quotas, the starting price for a quota is also astonishing, 10 billion rupees.
As Qiao Ge said, the higher the starting price, the better, and the price was also beyond Qiao Ge’s imagination.
He never thought the starting price would be so high.
This price is enough to persuade 90% of people to quit.
If based on the number of previous dozen licenses, everyone guesses that the starting price will not exceed one billion.
But now, one has almost doubled ten times, who can bear it?
This is just a license. Next, we need to buy land, equipment, and various constructions. All of these will cost a lot of money.
If you are not one of those wealthy families, how can you afford it?
For people or organizations who want to bid, the government has issued very strict regulations this time.
The total investment in future petrochemical plants cannot be less than 30 billion.
This means that whoever successfully obtains the license will have to invest at least 40 billion.
Bidders who want to enter the auction must pay a deposit of 3 billion.
This 3 billion will not be refunded immediately by the government after the auction. It will be refunded after five years, and the interest will be based on the bank interest rate for the same period.
In other words, the government is forcibly borrowing money from these wealthy families for five years.
In addition, the auction will be very strict. Not only bidders will not be able to enter, but even reporters will not be allowed to enter. After the auction is over, the government will hold a press conference.
Of course, the government is not so impersonal. If anyone wants to watch, they can.
With a deposit of 100 million, you can enter the entire bidding process.
However, the 100 million guarantee deposit will be the same as the 3 billion, and the government will borrow it for five years.
Qiao Ge was amazed. All these regulations were trying to help the government make money.
The deposit acted as a loan, and Qiao Ge thought that there must be more than ten family members participating in the bidding.
As for the onlookers, the number of people is probably even greater.
An auction worth tens of billions is definitely rare, and some wealthy people may not be able to hold back and watch it.
Although you have to pay a deposit of 100 million, it will be returned after five years, with interest, so it is not a big loss.
Huida also called Qiao Ge specifically about this matter.
Qiaogo said he would not watch.
This surprised Huida. According to him, a young man like Qiao Ge who was not short of money would probably go.
Qiaogo is not short of 100 million now, but he does not need to lend the money to the government, and it is only for five years.
If he really waits for five years, he doesn't know how much the value will depreciate, especially the 91 reform rupee depreciation. He doesn't want to be taken advantage of.
Besides, isn't it just an auction?
I have never experienced one with tens of billions, but I have experienced one with several billions, so there is a big difference.
Why should I join in the fun?
Huida originally wanted to go, but after hearing that Qiao Ge refused to go, he gave up the idea.
Qiao Ge thought that the government must not have even wanted to pay interest, but in order to attract more bystanders, it added interest.
The margin alone should be more than 30 billion.
Coupled with the three license quotas, the government can collect more than 60 billion in funds this time.
For the national finance, this is also a huge sum of money, which can effectively alleviate financial pressure.
However, Qiaogo feels that this is likely to make the government dependent.
Perhaps without the reforms of 1991, the government would have started a selling model.
Anyway, on the eve of reform and opening up, there were signs of this, with licenses being liberalized, restrictions on private enterprises being reduced, etc.
In short, financial pressure forces the government to make various choices.
While Qiao Ge was waiting for the auction to arrive, an unexpected person came to the door.
"Mr. Yeager, your piece of land is large enough, and it is indeed quite attractive, but the buildings on it are..." Qiao Ge sighed at this point.
The person who came to find Qiao Ge was Benfamo Yeager.
He was worried about his unfinished project. The bank loan repayment deadline was coming, and he could no longer afford the money to repay it.
If the project is not sold in time, once it is taken away by the bank and auctioned, the loss will be even greater.
Due to the auction of petrochemical licenses, countless rich people gathered in Mumbai, especially because Mumbai itself is full of rich people, so he placed his last hope here.
When he came from New Delhi, he immediately went to visit some of the famous rich people in Mumbai.
Unfortunately, many of them were rejected, and only a few received him. Of course, there was no result.
His project has long been famous. How could everyone not know his purpose?
No one dares to take on such an unfinished project.
Of course, in Qiao Ge's view, the main issue is price. There is nothing that cannot be sold. As long as the price is lowered, how can no one want it?
As Hebicha told himself before, he said 500 million could be considered.
Of course, this price is unacceptable to Ben Famo, otherwise he would not have insisted on 800 million for a long time and refused to let go.
After hitting the wall countless times, Benfamo suddenly thought of Qiao Ge.
The main reason is that there have been a lot of things about organic farming and high-end mineral water in the newspapers recently, so he thought of trying his luck with this legendary young rich man.
After all, Qiao Ge has the strength to acquire his own projects, which is the key.
Benfamo's eyes darkened when he heard Qiao Ge's words.
How could he not know the value of his land?
The value has appreciated a lot over the years, but the unfinished buildings above and the central commercial building are unacceptable.
This is the design I am most proud of, and it will change the business format in the future.
But because of this design that I am proud of, no one is willing to take over this project. It is so sad and ironic.
"Seven hundred million, how about Mr. Gupta?" Benfamo shouted out his offer in pain, staring at Qiaogo expectantly.
This is almost his limit.
There are still about 600 million in debt outside. If 700 million can be disbursed, he can still keep tens of millions. This money can allow him to live a good life. If he doesn't bother, he can live a lifetime.
"Mr. Yeager, do you still have dreams?" Qiao Ge asked without answering him directly.
"Dream?" Benfamo whispered.
Who doesn’t have dreams?
How high-spirited was he when he invested in this project?
Looking forward to the future.
But the reality was far more difficult than he imagined, and various blows followed, and he became like this.
As time went by, Benfamo began to doubt himself a little, and his previous belief began to collapse.
This project has become like this. My dreams cannot be realized at all. It is just a dream.
"Mr. Gupta, I have woken up from my dream." Benfamo said calmly.
"Are you willing?"
"So what if you don't want to give in?" Benfamo said with a wry smile, "After so many years, I now realize how wrong my decision was."
"That's a pity." Qiao Ge said.
Qiao Ge's words stunned Benfamo for a moment, and he stared at Qiao Ge in confusion.
"I can acquire your project, but Mr. Yeager, why don't you join my company." Qiao Ge said with a smile.
Qiao Ge had been thinking about Benfamo's project before, but after careful consideration he chose to give it up.
But now the situation is a little different. It's not that there are any changes on Benfamo's side. Even if the price drops, if there are no other changes, he will not take action.
The main reason is that Manmohan and the government are unscrupulous in increasing finances, so maybe I can do what they want and win their support.
With government support, the biggest problem with this business model will be solved.
Qiao Ge felt that he had great confidence in convincing Manmohan.
~~~~
Note: The update of 10,000 words has been completed, please vote for me.
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