Comments on: The budget speech and the University http://www.noulakaz.net/weblog/2007/06/16/the-budget-speech-and-the-university/ My opinion on Teaching, Programming, Technology and Web 2.0 in Mauritius Wed, 17 Mar 2010 16:35:57 +0000 http://wordpress.org/?v=2.9.2 hourly 1 By: selven http://www.noulakaz.net/weblog/2007/06/16/the-budget-speech-and-the-university/#comment-37259 selven Sat, 28 Jul 2007 11:23:09 +0000 http://www.noulakaz.net/weblog/2007/06/16/the-budget-speech-and-the-university/#comment-37259 <b>Uni seems to accept more international students</b> I wonder who would wanna come to a univ which never does a real prom nite which is supposed to be memorable :p plus crappy machines and internet connection.. and they still take students to be college kids. Uni seems to accept more international students

I wonder who would wanna come to a univ which never does a real prom nite which is supposed to be memorable :p

plus crappy machines and internet connection..

and they still take students to be college kids.

]]> By: Desire http://www.noulakaz.net/weblog/2007/06/16/the-budget-speech-and-the-university/#comment-36823 Desire Wed, 25 Jul 2007 19:15:51 +0000 http://www.noulakaz.net/weblog/2007/06/16/the-budget-speech-and-the-university/#comment-36823 Definitely uni is an place where intelligent people meet to share ideas.Concerning International Students,according to me they seem to be more priveledged in getting admission here compared to other mauritian people who don't have any seat despite having good results.Uni seems to accept more international students maybe showing how international and open our uni can be..I think its a bit sad not to care for our own people.. Definitely uni is an place where intelligent people meet to share ideas.Concerning International Students,according to me they seem to be more priveledged in getting admission here compared to other mauritian people who don’t have any seat despite having good results.Uni seems to accept more international students maybe showing how international and open our uni can be..I think its a bit sad not to care for our own people..

]]> By: joseph http://www.noulakaz.net/weblog/2007/06/16/the-budget-speech-and-the-university/#comment-29429 joseph Fri, 22 Jun 2007 06:56:33 +0000 http://www.noulakaz.net/weblog/2007/06/16/the-budget-speech-and-the-university/#comment-29429 The Hakka clan's motto : first "survival" through hard work; Second "Education" or knowledge building. This is the key of success of the Hakka diaspora through out the world and in Mauritius. The Hakka clan’s motto : first “survival” through hard work; Second “Education” or knowledge building. This is the key of success of the Hakka diaspora through out the world and in Mauritius.

]]> By: Khalil A. http://www.noulakaz.net/weblog/2007/06/16/the-budget-speech-and-the-university/#comment-29417 Khalil A. Fri, 22 Jun 2007 06:16:25 +0000 http://www.noulakaz.net/weblog/2007/06/16/the-budget-speech-and-the-university/#comment-29417 Um, there's one thing about the arrival of other universities in Mauritius. That's competition right? I suppose that when the UoM faces some competition is will have to improve (or perish). Um, there’s one thing about the arrival of other universities in Mauritius. That’s competition right? I suppose that when the UoM faces some competition is will have to improve (or perish).

]]> By: avinash http://www.noulakaz.net/weblog/2007/06/16/the-budget-speech-and-the-university/#comment-29243 avinash Thu, 21 Jun 2007 18:00:07 +0000 http://www.noulakaz.net/weblog/2007/06/16/the-budget-speech-and-the-university/#comment-29243 True. I too believe that education is a key to all this. True.

I too believe that education is a key to all this.

]]> By: Gemini http://www.noulakaz.net/weblog/2007/06/16/the-budget-speech-and-the-university/#comment-29086 Gemini Thu, 21 Jun 2007 08:17:05 +0000 http://www.noulakaz.net/weblog/2007/06/16/the-budget-speech-and-the-university/#comment-29086 Avinash, Empowering the people by giving them more purchasing power is in itself a very noble initiative. I hope this is the motivation behind this set of measures. Giving people more purchasing power leads to economic growth <b>only</b> under the condition that the extra money not paid in taxes is spent on local goods or services, and <b>not</b> to on imported goods. And this is where your interpretation (it depends solely on us to make it happen) hit it right: For the extra money to promote our economy, we need more SMEs, thus creating the virtuous circle of wealth creation: more money to spend leads to economic prosperity of our businesses and so on... Taking into consideration that social welfare and education should not be left aside, there's huge work ahead, but let's be positive: we can make it! Avinash,
Empowering the people by giving them more purchasing power is in itself a very noble initiative. I hope this is the motivation behind this set of measures.

Giving people more purchasing power leads to economic growth only under the condition that the extra money not paid in taxes is spent on local goods or services, and not to on imported goods.

And this is where your interpretation (it depends solely on us to make it happen) hit it right: For the extra money to promote our economy, we need more SMEs, thus creating the virtuous circle of wealth creation: more money to spend leads to economic prosperity of our businesses and so on…

Taking into consideration that social welfare and education should not be left aside, there’s huge work ahead, but let’s be positive: we can make it!

]]> By: avinash http://www.noulakaz.net/weblog/2007/06/16/the-budget-speech-and-the-university/#comment-28874 avinash Wed, 20 Jun 2007 17:38:17 +0000 http://www.noulakaz.net/weblog/2007/06/16/the-budget-speech-and-the-university/#comment-28874 Gemini, I think you are right that there is a risk that the government lose some money in this flat-rate taxation of 15%. But my guess is that this additional money in the hands of the population will enable people to create more startups, SMEs etc. I believe that Sithanen is banking on wealth creation being done by the people instead of the government. Whether this works or not depends solely on us. Don't you think so? To Kevin: True. The students at IIT are the best. And this is why I think the UoM should find a way to attract the best. This is the role of a any good university. Someone asked me the other day what is a university. I thought a lot about that and I told him that, IMHO, a university is a place where intelligent people meet and exchange ideas. Gemini,

I think you are right that there is a risk that the government lose some money in this flat-rate taxation of 15%.

But my guess is that this additional money in the hands of the population will enable people to create more startups, SMEs etc. I believe that Sithanen is banking on wealth creation being done by the people instead of the government.

Whether this works or not depends solely on us. Don’t you think so?

To Kevin:

True. The students at IIT are the best. And this is why I think the UoM should find a way to attract the best. This is the role of a any good university.

Someone asked me the other day what is a university. I thought a lot about that and I told him that, IMHO, a university is a place where intelligent people meet and exchange ideas.

]]> By: Gemini http://www.noulakaz.net/weblog/2007/06/16/the-budget-speech-and-the-university/#comment-28833 Gemini Wed, 20 Jun 2007 15:38:16 +0000 http://www.noulakaz.net/weblog/2007/06/16/the-budget-speech-and-the-university/#comment-28833 <i><b>To Avinash:</b> IMHO this flat-rate taxation measure in Mauritius is simply a gift to our richer citizens. No doubt the middle-class will benefit from this, but history has shown that the population pays it back in other indirect taxes. </i><i><b>quote </b>both measures taken together will (i) increase the amount of tax collected </i> Not sure that taxing the <i>'frauderes'</i> will compensate for what our government will not reap as fiscal revenue due to the flat-rate. <i><b>quote: </b> and (ii) give more incentive to investors to come to Mauritius. </i> External investors who are not Mauritian residents/citizens, will not be impacted by this measure. Only IRS purchasers who declare revenues in Mauritius will benefit (because they will acquire resident status), which leads me into believing that this is just a measure for promoting the IRS...but it would be a big bet since the underlying assumption is that IRS purchasers will adopt Mtius as their income taxation residence... (I did not go into the budget details, so I may be wrong). To Avinash:
IMHO this flat-rate taxation measure in Mauritius is simply a gift to our richer citizens.
No doubt the middle-class will benefit from this, but history has shown that the population pays it back in other indirect taxes.

quote both measures taken together will (i) increase the amount of tax collected

Not sure that taxing the ‘frauderes’ will compensate for what our government will not reap as fiscal revenue due to the flat-rate.

quote: and (ii) give more incentive to investors to come to Mauritius.

External investors who are not Mauritian residents/citizens, will not be impacted by this measure.
Only IRS purchasers who declare revenues in Mauritius will benefit (because they will acquire resident status), which leads me into believing that this is just a measure for promoting the IRS…but it would be a big bet since the underlying assumption is that IRS purchasers will adopt Mtius as their income taxation residence…

(I did not go into the budget details, so I may be wrong).

]]> By: kevin http://www.noulakaz.net/weblog/2007/06/16/the-budget-speech-and-the-university/#comment-28764 kevin Wed, 20 Jun 2007 11:59:42 +0000 http://www.noulakaz.net/weblog/2007/06/16/the-budget-speech-and-the-university/#comment-28764 <blockquote>I am reading a book on the present successes and impact of the various Indian Institutes of technologies (ITTs) which have far reaching influences beyond the bounds of India.Indian graduates from the ITTs are now playing leading roles in the Silicon Valley California.</blockquote> Don't you think that it is the process of selecting the 'best' candidates at an early stage will yields this result? Out of a population of 1 billion, it is no big surprise to me, that these candidates will shine, be it in Silicon Valley or elsewhere.

I am reading a book on the present successes and impact of the various Indian Institutes of technologies (ITTs) which have far reaching influences beyond the bounds of India.Indian graduates from the ITTs are now playing leading roles in the Silicon Valley California.

Don’t you think that it is the process of selecting the ‘best’ candidates at an early stage will yields this result? Out of a population of 1 billion, it is no big surprise to me, that these candidates will shine, be it in Silicon Valley or elsewhere.

]]> By: sanjiv http://www.noulakaz.net/weblog/2007/06/16/the-budget-speech-and-the-university/#comment-28219 sanjiv Mon, 18 Jun 2007 16:02:48 +0000 http://www.noulakaz.net/weblog/2007/06/16/the-budget-speech-and-the-university/#comment-28219 I believe in SME's too..,but only if there is a real survey of the market demands and a vision of future new field of business locally and internationally.I hope they are not emphasizing on quantity of people ( as a political point) rather than the quality of the SME's competitive product which would guarantees better survival of a business in the long term.I heard they'll recruit fresh BSc students as consultants for these people taking loans to open their business.Hope these young recruits have good practical field experience to be able to take these responsibilities ..and not only a political point for the next election.(giving jobs ) Doing something right and doing the right thing may have different conclusions. My point is that I only hope that all these government actions are more biased by real economical decisions rather than political decisions forced by actors in play around politicians.I wish good for my country too ....but I heard that in corruption ..we are second in Africa.(2007 survey Africa magazine) I believe in SME’s too..,but only if there is a real survey of the market demands and a vision of future new field of business locally and internationally.I hope they are not emphasizing on quantity of people ( as a political point) rather than the quality of the SME’s competitive product which would guarantees better survival of a business in the long term.I heard they’ll recruit fresh BSc students as consultants for these people taking loans to open their business.Hope these young recruits have good practical field experience to be able to take these responsibilities ..and not only a political point for the next election.(giving jobs )
Doing something right and doing the right thing may have different conclusions.
My point is that I only hope that all these government actions are more biased by real economical decisions rather than political decisions forced by actors in play around politicians.I wish good for my country too ….but I heard that in corruption ..we are second in Africa.(2007 survey Africa magazine)

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