It is a very simple fact and basic of economics. But this guy is trying to give some ladder to UPA as he is a extreme opponent to BJP. He relish to be communist but writes economic theory for capitalist... what a contradict.
It is a very simple fact and basic of economics. But this guy is trying to give some ladder to UPA as he is a extreme opponent to BJP. He relish to be communist but writes economic theory for capitalist... what a contradict.
Any redistribution will be effective if employment and productivity go up for which investment is required.Simply putting money in hands of people without any addition to capacity will send more middle class to the redistribution queue.Mass urbanisation and redistribution will bankrupt state and the rich will runaway leaving the state to fend for itself by printing money to distribute rather than redistribute.India is becoming a failed state economically due to policies which may not work when explosive population growth is there in the needy segment.There may not be enough hands to work to feed the millions of mouths.
One may fault this government for incompetence, corruption, and delayed action but it cannot be faulted for lacking a vision. Mr. author, how vision will adjust with incompetence, leave corruption and delayed action? UPA government selling only hollow words and unfortunately, she has sales-persons like you. Revisit your wisdom, please.
1.M M Singh following the Crisis Capitalism of his Masters has systematically INCREASED the CAD,from 2004,when we had Current Account SURPLUS,under NDA. 2.MNREGA,is a cheap trick to cheat the Land losers,in SEZs. 3.The STIMULI 2008,have to be stopped.This is about Rs 14 LAKH Crores,and reportedly is continuing. 4.The under-recoveries,which are LIES,are about Rs 6 lakh Crores from 2005,and counting.This is d cheating of Indians misusing Media,and forcing to mention "UNDER-RECOVERIES",as LOSSES, which is NOT the case.Under-recoveries help keep the Fiscal deficit HIGH.Coupled with a weak Rupee and unethical claims,this will BANKRUPT India.. 3.IMF and World Bank diktats are detrimental to India. If these are taken care of,India's Fiscal position will be very strong. But with the puppets of the IMF and the World Bank,bent on BANKRUPTING India,only God can save our nation or the Citizens of the Natrion have to fight,the corrupt and anti-india forces. Please google for;- 1.under-recoveries 2.IMF Riot 3.IMF and the World Bank destroy Nations. 4.Crisis capitalism 5.Adverse SEZs in Andhra Pradesh
Re: Stop Under-recoveries....
by Ashwin on Jul 15, 2013 06:10 AM
My dear, are you the Chairman or at least Dy Chairman of (no)planning (only)Commission to give such comments? And who cares your ideas when they dont care a damn to Nobel Laureate like Amartya (Martya) Sen? The peson who has written is also from some Organisation outside INdia. So you have to be based outside India, to express anything & others to listen. I can express but I am not an economist nor wish to waste time on India. As long as Congress rules, what they say is the rule. We all better wait only to see when Rupee develops further to 600 a dollar. That is the development Congress wants and can do.
To understand,what he has recommended,one has to first know,who Amartya Sen is.He is the Son In law of the Rothschilds[His third wife is a Rothschild]. The other points are:- 1.M M Singh is controlled by the Rothscholds.Thius we see,Amartya Sen praising M M Sin gh always and is apologetic on his behlaf. 2.M M Singh,the puppet of the IMF and the World Bank, follows Crisis Capitalism,on the diktat of his MASTERS.Hence he has kept the Fiscal Deficit Deliberately HIGH,so that he can usher in anti-India and pro-MNC polices . The LIES,"under-recoveries" being claimed by the OMCs from 2005,is joint game by the Indira Congress party and the OMCs.This is looting with lies,at the same time keeping the Fiscal deficit very high,a requirement of the IMF and the World Bank. The Loss to the National exchequer form 200 is Rs 6 Lakh CRORES and counting. 3.RRE is thus required for keeping the Fiscal deficit HIGH.It is not due to any benevolence,on the part of the Indira Congress party. This is what is happening from the 2009 Lok Sabha Elections[about 2.5 Lakh Crores spent on populists measures destroying the economy for VOTES. 4.USA and EU offer many hidden subsdies.The QEs by the US federal reserve and ECB[Japan too] are very examples of SUBSIDIES to the Banks. India has to take this up with WTO,as the USA exporting its Inflation,worldwide,which includes India too. 5.Not reducing Crude import for the Primacy of the US Dollar,initiating a vicious cycle, is anti-Indi
(contd..)When it comes to OIL,it is conveniently said Crude oil prices are not in our control. But Coal reserves are in abundance not only to meet local demand but also to export coal the way gulf exports Oil. But look at the mismanagement of arbitrary allocations, nepotism, corruption etc leading to shortages necessitating import of Coal also in addition to OIL.Why blame the middle class ? . The Re crisis is nothing but a man made thing by becoming deliberately “dysfunctional” as a protests by a corrupt Congress govt. and its Babus against its large scale corruption expose and subsequent Anna Hazare anti-corruption movement. Their motto appears to be ‘”NO BRIBE TAKING & NO CRONY CAPITALISM---NO WORK” and that is why Projects and Infrastructure works worth over Rs. 2 lac crores are reported to be not awarded yet. Perhaps the UPA govt. wants to punish and teach a lesson to the “urban middle class” because they supported anti-corruption movement and are seeking transparency, accountability, corruption free establishment. and a timely delivery of services.
