Re: gdp
by Vijayalakshmi on Oct 11, 2012 04:14 PM
Congress ruled this nation for over 60yrs with its warped,divide-and-rule policy, which led to so much of inequalities and dissatisfaction among the various sections of the people.It has enabled the Congress to sqander the nation's wealth and loot the country stashing away more than 400lakh crores in foreign banks.Instead of declaring this black money as 'national wealth' and bringing it to India,the Congress is fooling the people by talking of 'reforms', which will enslave the nation once again to foreign powers.Beware of the anti-national Congress!
If economic situation is so bad, why DA for 7% in hiked, why retirel of govt. servants not reduced, which is one of the heaviest burden on economy. Why perqs. of govt. servants are not brought at par with general condition of the country. It means FM/PM thinks public to be milked only by taxes and taxes.
Re: 1991
by ramakant on Oct 07, 2012 01:07 PM
it is fundamental economics. If nobody spends money, companies cannot sell goods. If companies cant sell goods, then they cannot pay workers. If workers dont get paid, they cannot spend money. If nobody spends money....So the government spends more, pays workers more, so that they can spend more, so that they can buy more. Easy way to keep the economy working. Get it?
Re: 1991
by Vijayalakshmi on Oct 11, 2012 04:17 PM
What about the perks which the elected representatives are getting?Do they really deserve all those benefits?Except salary and travel allowance,they should not be given any other benefit. They should pay for their electricity, gas, petrol etc like any common man of this country.
..goes up and down depending on n number of factors....it has got nothing to with govt policies.....if Foreign investors are not coming....blame it on RSS found scams like coalscam which never exists....SC itself has told auctioning is not only norm. 2G spectrum is also a no-scam, PAC puts the scam below 2,000 crore and that to in terms of benefit to company and not cash benefit...as against 2 lac crore by RSS-CAG report.
Re: Economy ..
by Vishal Kumar on Oct 07, 2012 10:27 AM
without open auction..its a Pure SCAM ..other than Defence all should be in held in STADIUM OPENLY WITH MIKE
China is developed because of 100% Reforms in FDI. All Made in China cheap products are made for foreign company products in china because of FDI in China.Because of FDI millions of Jobs created in China and now china has only 50 -100 million poor left.
Re: China is developed because of 100% Reforms in FDI.
by Janarddan on Oct 02, 2012 06:19 PM
Nonsense.
Over 90% China's investment is DOMESTIC - done by Govt and Banks. Over 75% of China's industry is public sector. FDI accounts only for a small percentage of China's total investments (Still it is bigger than India's FDI because China's total Investment is several fold that of India's)
Re: corruption is the root cause
by Vishal Kumar on Oct 07, 2012 10:32 AM
its there is deeper root cause...no vigilance/accountabiltity executtion...corruption is in singapure but they keep detectives behind detective
in 1991 i had a hope that with more money coming in corruption will reduce but instead the greed of the corrupt increased by leaps and bounds and more people joined their bandwagon
the fact is unless we reign in corruption and nepotism nothing will work
Pl do work positively taking cues from China - how to MAKE things cheaply. Then all this nonsense talk of subsidies & inflation will vanish. Also look into basic viability or not of PSU's. If liquidity is to be controlled, how can Govt release 7 % DA? Will not ADD to inflation - all because of Govt employees? Reduce the size of govt, do away with PSU's