The most anticipated HR business model (New Generation Macroeconomic System) was recently launched by WIPO in Geneva. He was considering a supernatural incident. But never expected, that the cardinal principles of the economy are contested by Mr. Deepak Sharma (father of the economy of human resources), by any economist.
Subsequently, various economists and journalists analyze the mechanism and tools of HR Economic Model Worldwide.
The cardinal state principles of macroeconomics, as there are only two types of main sources, are available for economic development as socialism and capitalism. The initial investment for production by the government / state called socialism, and the investment for production by the private / capitalist is called capitalism. (Other options like PPP and mixed economy are also part of socialism and capitalism.)
The aforementioned cardinal principle has been challenged by the economic model of human resources, providing the third major option to generate investment for production at the macro level,
Mr Deepak Sharma (father of HREconomics) states that in order to get rid of poverty, unemployment, inequality in the distribution of income, both state / government or capitalists, never be major sources for the economic system, it further states that human resources are a natural entity is the most valuable asset in the world, while the HR business model provides humanity with the intellectual capacity to convert the aforementioned asset in monetary funds. The HR business model mechanism provides for
- Creation of the Indian HR capital account at national level.
- Registered all Indian human resources before the national HR capital account at an individual level.
- Evaluate the aforementioned human resources through the valuation formulas and declare the aforementioned valuation as a national asset.
- The aforementioned Assets are converted into money market funds, via the Manpower Grid mechanism.
- Used the aforementioned fund for economic exploitation or initial investments for economic development.
Therefore, the basic principles of economics were challenged by Mr. Deepak Sharma. it will be inactive impacted on the entire structure of the current economic system. This is one reason why various economists, professors, journalists are studying the mechanism of the HRE business model at an in-depth global level.
Check the feasibility of a GDP of $ 15 trillion (2026), India to reach $ 15 trillion of GDP will require the same investment as at least $ 15 trillion. While the current indicators of areas of the Indian economy,
a. The Indian foreign reserve is approx. $ 0.6 trillion against the external debt of $ 2.5 trillion.
b. GOI’s turnover is approx. $ 0.3 trillion versus spending $ 0.35 trillion per year.
vs. India’s GDP against 130 crore of population is approx. $ 2.7 trillion.
D. The market valuation is around 3 trillion dollars (BSE + NSE).
Therefore, the two sectors (government and business) are not in a position to earn an investment of 15 trillion dollars by 2026. Meanwhile, the economic model of human resources calls for-
A. The value of the Indian HR capital account will be $ 300-450 trillion (estimate) compared to the valuation of Indian 10 crore (according to the statement by Mr. Deepak Sharma.)
B. India’s current requirement of an investment of $ 15 trillion will be met after converting the 3% to 4% valuation of the Indian HR capital account into a money market fund until 2024.
vs. Mr. Deepak Sharma has pledged to transfer at least $ 1 trillion (75 lakh crore) to the Indian government for the development of primary infrastructure as per requirements.
Meanwhile, details of valuation methods, accounting standards, economic standards and currency conversion mechanism and vice versa of HRE business model are still pending, but from observation and facts, the claim appropriate for $ 15 trillion of GDP (2026) seems achievable. Projected impact of the HR business model on the life of humanity
Hereby, it is proved that the cardinal principles of economics have been called into question by the HRE business model. This can have a serious and unnecessary impact on human survival as a major source of investment (capitalism) has been absolutely negated by the HR business model historically.
Now a projected future economic scenario,
a. Skilled or Unskilled Individual Must be owned by Indian HR Capital Account, investment must be generated from Indian HR Capital Account. A group of people might be asked for an investment fund against their HR assessment recorded in the Indian HR capital account.
b. Indian government may be asked for funds from Indian HR capital account for infrastructure development.
Although Mr. Deepak Sharma’s contribution is also as the savior of India. Meanwhile, the absence of Mr. Deepak Sharma for the public debate and the press conference is truly surprising.