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Modi backed, Rajan, RBI in turf war with finance ministry


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KARAN
Arun Jaitly&Modi's non performance
by KARAN on May 07, 2015 03:39 PM  | Hide replies

One is not surprised that Arun & Modi could not do anything to bring ACHE DIN.This is because, these two are trying to tinker, banking system,taxes rates,with out realizing that NOTHING has changed fundamentally, excepting that for the best period of BJP rule the oil prices have been low.Now through spectrum auction they have burdened the telecom companies again and this will make the mobile usage costly because wher will the telecom companies recover their capital from.Should not a honest govt understand where the revenue will come from and one way could be not to sell the spectrum, which only increases some additional features ,and wait for the economy to firm itself.May be govt should ask telecom companies to use the existing spectrum to give, voice, SMS,&MAILS, WITH OUT ATTACHMENTS at some spectrum while higher end services like, down loading music, or movies, or any such on line activity at a higher price.On the whole this govt has to be honest in its approach to deal with the economic issues which were handled very badly in the congress regime.Unless we as a nation, througfh collective farming increase our GDP, reduce drastically govt expenditure, by adopting very harsh AUSTERITY MEASURES, of removing 5star facilities ,flight travel, car travel etc by elected representatives, but to only travel in train or bus,eat normal food,as a first step,remove leave travel concessions,till we increase THE FARMING COMMUNITY's GDP CONTRIBUTION TO ABOUT 50% of our GDP

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David Jacob
Re: Arun Jaitly&Modi's non performance
by David Jacob on May 07, 2015 04:42 PM
Collective farming hasn't been a success anywhere. And austerity is not universally accepted as a cure for economic problems.

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