Government policies should not discriminate any citizen by AGE or Profession

Respected All,

Government policies should not discriminate any citizen by AGE or Profession.

Government should allow one bank ( Say SBI ) to create one account for
every citizen.
( Just like PPF )
That account should have 9% rate of interest compounded quarterly (without tax).
You can set the lock in period to say ( Age 50 or Age 60 ) of the citizen.

From SBI web site,
Currently SBI has additional 1% of interest rate higher for SBI employees.
I do not know where all these kind of discrepancies are there.
This is clearly DISCRIMINATION BY PROFESSION.
Government should not allow this Discrimination.

Since, For the Government of India Every citizen is born EQUAL,
Every citizen should get the same benefit.

Secondly,
All Senior Citizens are given 1% more interest Rate other than normal persons.
This is another discrimination by AGE.

Every one is going to become old some day.
But when it comes to finance, every one has the same right to plan for
his old age
irrespective of his age.

So, Government should allow every citizen ( irrespective of his AGE )
to invest in one account ( either convert PPF to 9% compounded
quarterly and use existing infrastructure to bank)
OR Create a new account ( for pension purposes ).

I see for any small family living in Bangalore, the cost of living is
25k per month.
Based on that every citizen needs 3 lakh per year.
Also after retirement, his family requirements will be there for next
40 years amounting to 1.2 crore per citizen.

India needs government instruments ( other than stock market) to
provide this facility
to every citizen of India.

We can use this money from this account for long term government projects
including providing
1.Education by giving one laptop per child ( a new device based on MID
based on tegra / AJ200 yet to be designed)
2.By providing laptop / MID to all teachers in the nation
3.By creating the necessary back bone using wireless and wired broadband
4.By allowing companies to make SPEV ( Solar Plug in electric vehicle as cars )
5.By allowing people to work from home ( after making them IT enables
) like all companies in Bangalore
6.By cutting down transportation network and concentrate on networks
for people to work even in existing cities.
7.To harness the power of Solar for Electricity
8.To generate Electricity from Ocean using waves
9.To build Desalination plants to get enough water for all coastal
cities to help from draught
10.Make a Global Village to compete with Global Markets
( by not building and not expanding cities which costs trillions
for transport power etc.)
11.Building safer and secure homes for all
... and more.


We need money for all these projects and certainly there is billions
reqd to accomplish these infrastructure projects

I am not seeing any government in India is doing this.

So, First Create a Government Account with 9% compounded Quarterly (
without any tax )
Which is available to all without any upper limit so that people from
all AGE group can participate.
We can do a lot with that money.
We will share that wealth with every citizen of the nation.

This is the way that a Nation Grows with its Citizens.

Thanks and Regards,
N.Rajeaswar.