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From the Office of Management and Budget – part 3 | Agriculture, Commerce and Defence

Where possible 2010 figures have been provided

Agriculture, Commerce and Defence

$26 billion to USDA ( Dep of Agriculture) takes care of a few important items:

  • renegotiating crop insurance and restoring ecosystems
  • providing financing needed to help expand job opportunities and take care of barriers to enhance agricultural exports and 5% of each USDA sub budget
  • restoring 200,000 acres of Wetlands in Chesapeake Bay
  • $400 MM for access to broadband services, $400 MM for Agricultural Food Research Institute, less than $100 MM for innovative local and regional food systems and outside USDA in renewable energy programs, climate change, and rural recreation.
  • $17.6 billion for Woman, Infant and Child nutrition for the over 10 MM participants
  • $9bn in credit for rural utilities and $4.5 bn for rural  housing

$8.9 bn for the Dep of Commerce (DOC) that includes

  • $712 MM for National institute of Standards and Technology, with $80 MM for Tech Innovation Program and $130 MM for improving US manufacturing systems ( are there any local tehnologies or processes still used in manufacturing? ha!) (2011 numbers are similar to the 2010 numbers)
  • $2bn for weather satellite systems (of the $4.8 bn for National Oceanic and Atm Administration)
  • NOAA grant goes up in 2011
  • $4.7 bn program to expand broadband deployment will be a focus area.
  • $75MM in matching grants for Regional Innovation clusters
  • $1.3 bn for the 2010 Census
  • USTPO will operate completely from its own revenues of arnd $2 bn (Trademarks and patents)

The Defence budget includes $159.3bn for contingency outlays incl Afghanistan and Pakistan, $33 bn for the supplemental request and a total of $548 bn in the base budget, cut down but needs drastic pruning for a quick and lasting deficit reduction

  • Defence Contracts targeted for a reduction of high risk T&M by 17%,  and eliminating or reconfiguring lower priority acquisitions (Purchasing/Contracts)
  • Supporting wounded Warrior Transition units and 9.5 MM Medicare beneficiaries
  • It also tom toms a reconfigured Ballistic Missile Defence Strategy, but without crossing the Experts, it seems unlikely the President will get any chance till 2012 to reform anything with the current state of spending

The undisclosed National Intelligence Program Funds support

  • Cyber security (Google vs china seemed more effective but we swear by the CIA factbook of yesterday)
  • Counter terrorism
  • Afghanistan
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Lifestyle Infrastructure

One of our special themes at the Advantages weblogs has been our assertion that US, India, China and most of the rest of the world that is growing

is likely to do so on the basis of a consumption revolution. Below is out insight piece that opened the chapter on India's final coming out that was much awaited but wasn't really happening till 2009..

The Commonwealth Games Infrastructure Train

A few years ago, when the Indian women shot Gold in Commonwealth Hockey and our aim in general started consistently being medal grade, we won the bid for New Delhi to host the games in 2010. This business of infrastructure had been mystifying sportspersons for decades in India; none too easily supported by the overarching smell of rent and inadequate facilities for local sports persons historically.

Even today most sports would bow out in front of Cricket and that is not a full-fledged event at the CWG, though there is still a toss-up for the T20 version to be added. Like most other spheres of life, China has been doing it higher, faster and stronger, having already held the challenging Olympics in 2008 earning over $2b for Beijing, the host city.

The story is quite public and you must have all followed it at least since August 2009 when the first few fistcuffs were exchanged regarding the lack of preparations for the CWG event now just 6-7 months away. The Sports Minister and the Games Organising Committee Chair Suresh Kalmadi has variously ben painted and vilified while we look at the rejuvenated parts of Wembley in London and survive on facepaint and cheering the local IPL franchise in Cricket games. The painting of events apart we just thought it important for Sports and Tourist infrastructure worth $1.5 billion to be included in the India story at about this time.

This preamble would survive your taste buds and your snipping scissors in the mind and we�ll come back right after lunch is over for you..

And the Original piece..follow up article on our Lifestyle Economics stream

If you have been following the India story closely, India�fs new developments are focussed on Infrastructure and Retail along with giant leaps in the Entertainment business. You can look closely at the India stories athttp://advantages.us/inframils to get a flavor of what�fs happening in Indian Infrastructure

On the other hand Retail Lifestyle businesses are increasingly attracting investors�cRural Markets may grow at a faster pace at least on the Drawing board. �c Where is Investor access? Why is it still on the government to make it happen? The FDI limits and the others are fairly rational policies..but where are the investors?..

Nanos will roll into homes by July end and IPL teams are already applying for trademarks as it looks set to become the greatest sporting extravaganza in the world, already ranked at #2 behind the NFL season in the USA. The 3G challenge will tear at Telecom companies�f profits in the coming years�c

10-Year-Old Girl Scores Hole-In-One at US Kids Golf European Championship in Scotland
(The image is of a young indian golfer in Scotland)

BUT, Importantly, India caught on to serious lifestyle investments early in 2005, Today with the debut of Cox and Kings IPO..

Where it is now?

Towns like Jalandhar, Ludhiana in Punjab, Jaipur and Agra on the Golden Triangle and such state capitals, heritage and business towns like Ahmedabad, Surat and Nagpur present a unique opportunity for Indian hospitality business to scale up, esp as Indian railways, india�fs aviation footprint and the road infrastructure will follow in step with the boom. Note: The Indian Maharaja with TC, Maharajas Express with Cox & Kings, and the other two luxury trains have started first season bookings quite well and money is being spendt to add gym and pool to the Palace on wheels as well ( More here ) Golden Palace started from Bangalore is not doing so well apparently. The Maharajas Express for example is 84 persons at an average of $1000 per night for a 7 day- 8 night tour between Mumbai and Delhi

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