Two and half years back I was impressed with Modiji statements.Now I know that he does not understand economics, environment,fiscal, financial and related systems.His team is a poor team and has no idea of running the country,FM blieves in only NUMBERS that too the ones he likes.We all thought the Government under Modiji will make WONDERS, but they are making BLUNDERS
Modi appears to be either helpless or having poor grasp the reasons for utter failures of his promises & deteriorating economic conditions for middle class&lower middle class without any hope. Modi's possible mistakes are: #1.Arun jaitely as FM.: #1.1.He has no grasp of real time situation on ground. #1.2.Not going after Black money,because may be he is protecting corrupt in both BJP &congress. #1.3.No steps,short term,medium term,&long term plans to methods to be put in place to enhance the agriculture community's GDP OF THE PRESENT 18% of 58% population, a major lapse indicating a total lack of responsibility on part of FM, leading to PM own fault . #1.4.No efforts to stem Participatory Note fund flow. #1,5.Wrong FDI policy which BJP was opposing while in opposition .further exposing bankruptcy in though process. #2.Thoughtless announcing of programs like SWATCHA BHARATH, without any planned scientific process in place to segregate,compost,incinerate . #3.No long term place to reduce india's present oil import to a possible 25%,with bold, backed by scientific ,technical methods. #4.NO PLAN FOR MAKING EDUCATION FREE. #5.nO EFFORT TO MAKE OUR PRESENTLY USELESS CSIR LABS ACCOUNTABLE. #6.No plan to invigorate indigenous arms production. #7.BLUNDER NOT USING HIS MAGIC POTION FOR ALL THE ABOVE to make Dr.Subrayanmanyam swamy as our FM, THE ONE&ONLY HOPE FOR modi to redeem himself from the abysmal depth Modi's governance has fallen
Indians are habituated with safety of capital by depositing in Banks (putting no effort and risk) and earning interest thereon. They do not believe in investing in companies/shares, unlike the west. If that would have happened, Indian money should have been more than enough for growth. Unfortunately that's not happening. Financial integrity of most fly by night company promoters are also to blame in addition to encouraging round tripping of capital though tax heavens. With stricter controls for round tripping and reducing deposit interest, people should be forced to invest in Indian companies. With the overall environment for investment improving we shall see a Sea Change in near future.
Re: Safe deposit interest
by NJayakumar on Aug 21, 2016 12:15 PM
Govt also need to ensure the fraudulent promoters do not escape with citizens money, by ensuring disclosure of full details of borrowing, expenditures and expected investment risks by all promoters in every quarter or when ever it exceeds a specific risk value like 25% of capital at any instant, with sufficient reasoning. They shall be criminally liable for any misdeeds. That only can bring faith of investors in Indian Companies.
Re: Safe deposit interest
by on Nov 01, 2016 10:25 AM
Its because of old habits of Indian Community ( saving) india is surviving , or else due to present govt poor Economic Policy , it would have Bankrupt . Economic growth should speak in terms of employment for Poor , Food security to all ( 2 in 5 people has no food) , growth not in figures . no one knows India's destinty when crude Oil Prise goes up keeping MR.Jaitely as FM and Modi as PM .
Baba Ramdev sir, the chief executive officer of Patanjali, says discard all foreign items, as Patanjali has answer to all requirements of people of India (indegeneously made)... BJP says to create job we need foreign investment or presence of foreign companies in India.... who should be trusted now ?
Re: Forein Investment
by on Nov 01, 2016 10:18 AM
Both BJP and Baba are not trusted allies in terms of Bringing Black money , Creating Employment, abd bringing price control , beacuse they dont know common man suffering , They slide each other ,where BABA Ramdev is the owner of 2000 cr empire and BJP has big netas like ADANI & AMBANI .So they dont see sufferings of BAMBANI ( Common Man) ,should be thrown out in the very next opputinity
Not only draining of resources, it may not be soon but in a little distant future we can expect a West India Company, only it will not be conquest of land, but economical subjugation and exploitation of our by then well trained westoxicated followers
I do agree to Dr. Mahajan openly. And yes we can't compare with china, and UPA might have different policy, terms and conditions to apply FDI. I think inexperienced Jaitly-n-modi team, forget to put our condition. See how time is changed, 1942 we struggled in "Quit India', and 2016 we invited them.
Re: FDI
by rakesh mehrotra on Aug 14, 2016 04:25 PM
I don't expect a Pakistani to agree with anything that Modi does and economics is definitely beyond you. We are a poor country because of the policies of Nehru and Indra. Read about the other countries and learn how they have progressed and why we have been left behind.
