Let them Indian and as well world economists pack there things and start drainage/sewerage cleaning. Most of the Indian cities are effected which is know factor.
How UPA & Congress played mischievious game for recession
Financial slow down due to UPA & Congress government No other is responsible for this. We have to Think how Recession has started in India when we have huge volume of Population and everybody have some scarcity may be house, food and many more things. Some of needy requirements in day to day life is not reaching upto poor people and even they are not able buy it for daily. If they are [Congress party] in competent let them leave the seat and accept the defeat so that next government will fulfil the people requirements.
If huge money siphon from our country who is responsible? Is there any accountability or FM & home minister take responsible to bring the culprit to behind the bar. These are knowledge of entire UPA government and they make fool us.
PLEASE MY FELLOW REDIFF USERS KEEP IN MIND AT ANY COST CONGRESS SHOULD NOT COME TO POWER. THE WINNING PERSON SHOULD BE SERIVE ORIENTED, HONEST, SINCERE TO NATION. MAY BE HE BELONGS TO ANY POLITICAL PARTIES. WHEN THEY ARE TELLING ALL SHOULD LIVE UNITE.
LET THEM THEY ALSO RUN UNITEDLY WITH GOOD PEOPLE MAY BE HE BELONGS ANY PARTY.
PLEASE THINK TWICE BEFORE VOTE OR CAST YOUR VOTE TO INDIVIUDAL PERSON.
Re: Economists Job is over now they start Drainage cleaning
by Vinu Mon on Apr 21, 2009 12:06 PM
You are in the class that even if your son beat you, that is because of your opponent !!
You say recession is made by Congress ???
What about other countries ? there also congress done this.
In fact, india is one of the few countries where recession is not affected much.
To understand the global facts you should come out from the BJP shakha and see the world.
Re: Re: Economists Job is over now they start Drainage cleaning
by Tejinder Singh on Apr 21, 2009 12:11 PM
Take a simple example. Mannu and Chiddu kept on increase the CRR and repo rates, to make life hell for the common people. The home loans taken at 8% went up to 13%- meaning that the tenure increased from 10 years to 15 years. The inflation, however never came down. You do not have to be a Harvard educated Chiddu to understand that people who have black money to splurge, do not keep it in banks. Now all the rates have been brought to almost half of what they were last year and the inflation is at its lowest. Worse still, none of the banks has brought down the rates although all of them have been quick to cut the rates on FDs. Moral: you need common sense and not economics to manage economy.
Re: Re: Re: Economists Job is over now they start Drainage cleani
by para on Apr 21, 2009 12:18 PM
Tell me than what is use of economists. Are we are following US Policies. If we have own policies I think there is no problem. Even many state & central governments are not computerise and many departments are working manual. Let them start computerised automatically employment generates. Again I tell there million of tonnes wheat is perishing in FCI godown let them distribute free of cost why you are charging for that. If last year production wheat we are not removed from FCI godowns. GOOD Economists means when country facing crisis than ONLY WE NEED HIS BRAIN AND CALIBRE NOT EVERY DAY OR DAY TO DAY BASIS.
Re: Re: Economists Job is over now they start Drainage cleaning
by para on Apr 21, 2009 12:12 PM
Dear my fellow,
I am not blaming for recession in world. Let them forget. Please understand world no.2 population and we are not able to provide people to house, food , clothes and other items. Please think if you provide cheap rate house automatically money will start rotating steel, cement, sand and labour which will creat employment and money flow will start. Actully dear these politicans donot want give house for people. They only by WORD appeasing the people but practically they don't want do any thing. Let me tell how 1 lac crores went outside india. If recession is there.
Please note I am not belong to BJP NOR Congress I wanted only good people to RUN this country NOT by COTERIES OR FAMILY RULE. GOOD PEOPLE MEANS HE / SHE BELONGS TO ANY PARTY.
All The leading Indian economists as well world economists start cleaning of drainage and sewerage lane becuase most of the cities drainages are not working proplerly.
Below see the atrocities of congress party who created the Recession in India. Financial slow down due to UPA & Congress government No other is responsible for this. We have to Think how Recession has started in India when we have huge volume of Population and everybody have some scarcity may be house, food and many more things. Some of needy requirements in day to day life is not reaching upto poor people and even they are not able buy it for daily. If they are [Congress party] in competent let them leave the seat and accept the defeat so that next government will fulfil the people requirements.
If huge money siphon from our country who is responsible? Is there any accountability or FM & home minister take responsible to bring the culprit to behind the bar. These are knowledge of entire UPA government and they make fool us.
PLEASE MY FELLOW REDIFF USERS KEEP IN MIND AT ANY COST CONGRESS SHOULD NOT COME TO POWER. THE WINNING PERSON SHOULD BE SERIVE ORIENTED, HONEST, SINCERE TO NATION. MAY BE HE BELONGS TO ANY POLITICAL PARTIES. WHEN THEY ARE TELLING ALL SHOULD LIVE UNITE.
LET THEM THEY ALSO RUN UNITEDLY WITH GOOD PEOPLE MAY BE HE BELONGS ANY PARTY.
PLEASE THINK TWICE BEFORE VOTE OR CAST YOUR VOTE TO INDIVIUDAL PERSON.
It does not need an economist to predict what happened. The world can not sustain 6 to 10% growth rate. It is high time expectations are lowered to say 2% growth rate and salaries, population growth and resource utilization is similarly slowed down so that we do not burnout the planet. the buzz word for this is sustainable growth.
I do not why people praise Man Mohan Singh, chidu and ahluwalia to sky. These people look like Jokers to me in some respect. For example they are gung ho about SEZ. They went on to allocate lakhs of acres to Industrialists for pittance!! To start SEZ? So you may say what is wrong. First, the old adage is - "It is better to act on your strengths and waste time on working on you weaknesses". India known world over as agrarian state where 70% live on agriculture. In other words agriculture is our strength. It is our rare competence which is very difficult to get back once lost!! But these jokers are trying to make these hard working farmers beggars by selling their fertile lands to big businesses. Their logic is that the same land can generate more jobs!!! What jobs are they talking about. First try to build good infrastructure to develop competencies these SEZ require. Otherwise SEZ are not sustainable! what is the point in producing mediocre products in these SEZ which are bound to fail and so the SEZ and the money that went into it? To build this infrastructure may itself decades but is still worth it. By the mindless and crazy misadventure they only pushed these helpless farmers into poverty .That apart how many jobs have they created? May be at most in few hundred?!!! I hope they get to read this or somebody can communicate to them that the haste with which they are acting is creating only poverty in India. Please stop this madness Man Mohan what kind of economist are you
Re: Man Mohan is a over hyped economist
by MKRao on Apr 21, 2009 11:50 AM
Correction - It is better to act on your strengths than waste time on working on your weaknesses
Re: Man Mohan is a over hyped economist
by Harpreet Bedi on Apr 21, 2009 12:38 PM
I can only say there is nothing but straw in your brains. All countries of the world were agarian before they lost their poverty and helplessness by becoming industrialised.
Re: Re: Man Mohan is a over hyped economist
by MKRao on Apr 21, 2009 12:45 PM
I am not against industialization per se but dont you think we need the right competencies and the right skills for that? The time of industrialization is not the same in this globalized and highly networked world. Those days every day there was an innovation which had not competetion for a decade what is called a enrty barrier but that is not the same these days!! Your competetior is ready next door next day! I think Mr.Bedi at around 12 your brain goes buzz so got angry ;)
Re: Re: Man Mohan is a over hyped economist
by MKRao on Apr 21, 2009 12:47 PM
I do not know if you understand when I say competencies - education and skills like basic education, schools etc.
I do not why people praise Man Mohan Singh, chidu and ahluwalia to sky. These people look like Jokers to me in some respect. For example they are gung ho about SEZ. They went on to allocate lakhs of acres to Industrialists for pittance!! To start SEZ? So you may say what is wrong. First, the old adage is - "It is better to act on your strengths and waste time on working on you weaknesses". India known world over as agrarian state where 70% live on agriculture. In other words agriculture is our strength. It is our rare competence which is very difficult to get back once lost!! But these jokers are trying to make these hard working farmers beggars by selling their fertile lands to big businesses. Their logic is that the same land can generate more jobs!!! What jobs are they talking about. First try to build good infrastructure to develop competencies these SEZ require. Otherwise SEZ are not sustainable! what is the point in producing mediocre products in these SEZ which are bound to fail and so the SEZ and the money that went into it? To build this infrastructure may itself decades but is still worth it. By the mindless and crazy misadventure they only pushed these helpless farmers into poverty .That apart how many jobs have they created? May be at most in few hundred?!!! I hope they get to read this or somebody can communicate to them that the haste with which they are acting is creating only poverty in India. Please stop this madness Man Mohan what kind of economist are you?
What good are these economist. These guys are cheats of the first order calling themselves educated and civilized.
A villager with no education might be a million times more trust worthy than any of these so called educated fools. I call them fools because education in todays world could take a myriad of meanings for each Individual.
Dont trust these Economist. Equity markets, Stock market, MF etc etc
If you have money save it in your home lockers or investment into immovable appreciable property. Simple.
When food prices were going up, common people were told that its because inflaton is rising. Now the 'inflation' or whatever damn word it is, is at rock bottom at 0.3 something. Then why food prices are still rising ? They are not even stable compared to peak inflation rate. Any one throw some liht on this ? are these related at all ?
Re: stupidity
by hokuram on Apr 21, 2009 11:59 AM
Rakesh your knowledge is poor. Its Wholesale Price index which is going down. Consumer price index which has more weight given to day to day usage items are quire high. Consumer price index is now about 8-9%. Our illiterate media talks about Wholesale price index only. Moreover inflation reflects rate of growth of price.
Re: stupidity
by viswa raveen on Apr 21, 2009 11:54 AM
reminds me of a cartoon by RK Lakshman. A fat politician teling a starved skeletal Indian with an empty eating-plate infront of him( with the Common Man peeping at the back) saying\" Look, you must be a proud Indian. we now have Nuclear power, Space Research, satelites, Coke and Pepsi in India\"
Re: stupidity
by viswa raveen on Apr 21, 2009 11:53 AM
reminds me of a cartoon by RK Lakshman. A fat politician teling a starved skeletal Indian with an empty eating-plate infront of him( with the Common Man peeping at the back) saying" Look, you must be a proud Indian. we now have Nuclear power, Space Research, satelites, Coke and Pepsi in India"
When the bubble was growing our economists and financial wizards wanted to take all the credit for the boom. When the burst happened all of them went into hiding. So much for their wisdom and intelligence. Now that elections are on they have started predicting 7.. 8...9% growth. Whose growth ?
Re: What good are economists
by Narayan Shastri on Apr 21, 2009 11:47 AM
Whose growth..? Mr. Shailendra, nothing grows except the potbellies of politicians who sit in the parliament; above all, that dunderheaded slave and unelected PM.. Womanmohan..
Re: Re: What good are economists
by hokuram on Apr 21, 2009 12:01 PM
Why don't talk about Industrialists? Check how there income has sky rocketed. Some of them stays in houses costing more than 100 cr. A country with most poor almost tops the list of billionaires.
