Main reason is every body just talks about it. economy is bad. even all neta talks economy is bad. media does every day. people dont start saying okay, what i have to do. neta - what i have to do. same thing. just 1 question asking and it will change the economic growth. come on indian lets be smart.
Re: Reason is what.
by bihari babu on Oct 01, 2012 10:24 AM
econimc times says number 1 reason is neta and babu not pushing reform. foreign investment has almost stoppped. indian money is also scared not coming on floor. only way it can be cured if neta from all party come together. come on they are indian right not enemy. we can do it.
Re: Reason is what.
by brian crasto on Oct 01, 2012 10:35 AM
facts cant be concealed. what the media, netas or anyone says may be biased. As a common man I am interest in getting accomadation medical, education at a reasonbale as I am paying taxes like professional tax, service tax. However it has gone out of reach. Can I expect essential services to come down. However I see as a remote possibility
If situation is worst to 1991, how it can improve, if not improved since 1991. All FDIs are to be returned back with interest, huge huge liability on next generation. Are we making next generation slave. Immediate correction by govt. is required to control population, consumption norms of imported petrol, diesel etc.,if not, then face collapse or economic condition is not at all worse. We are befooled.
the real reason is Our pm credibility , if he is not the culprit in scams then he should hang the culprit of his party first then any decision by him can be welcomed but now public is not welcoming even his right decisions.
I am surprised to see the comment of a committee like Kelkar, why these committees are not producing their reports on collecting the taxes in 100%, stopping the scams and recalling the black money to India. I can bat if India collects all taxes in full (Sales Tax, Excise, Custom and Income tax etc), we can become the reachest coutry across the world, we will not be in need to withdraw subsidies on basic needs.
Most important Indian govt is not focusing on agriculture which is the base of India, agriculture reformation should be on priority of Indian govt. and see the growth of India.
They could not have swallowed up all the scam money . Put pliers on their fingers and twist them . The money will come out . This amount will somewhat cushion the blow .
Re: Economic scenerio
by hillary desouza on Oct 01, 2012 10:11 AM
Correct.Also note that the middle class population in cities also participate in tax evasion with builders for housing.
