Discussion Board

'The scare caused by fiscal deficit numbers is quite wrong'


Total 5 messages Pages | 1
chanakya chandragupta maurya
An economist has to be honest with the situation.
by chanakya chandragupta maurya on Oct 03, 2017 11:57 PM

They quit if the symphony is discordant or the conductor crazy.

Both Panagariya and Rajan got down from the bus.

    Forward  |  Report abuse
Ravindra Bhangaonkar
fiscal deficit etc
by Ravindra Bhangaonkar on Oct 03, 2017 10:08 PM

The candid interview, pointed at some answers; analyses so many things in short; at the same time with clarity.

    Forward  |  Report abuse
Ravindra Bhangaonkar
fiscal deficit etc
by Ravindra Bhangaonkar on Oct 03, 2017 10:08 PM

The candid interview, pointed at some answers; analyses so many things in short; at the same time with clarity.

    Forward  |  Report abuse
KARAN
Economists are looking for miracle
by KARAN on Oct 03, 2017 05:45 PM

These economists never understand the ground reality.When they say india is griwing at 7%,or x%,the cost of essential commodities have never come down. They never tell you whar is mwant by growth.The truth behind this great expression called growth is"print more notes" and our in a project like say rhe present bullet train at one lakh crore without any sense if accountable as to whom does this investmwnt serve.Not rhe common man.Byt when the repayment comes up it is the tax payers money.All NDA has done is nothing to do with real growth.The digital india,the much hyped cashless transaction is a wasrefull expense without any commensurate measurable benefit.In very simple terms so mych of comuterisation,ATM all must have reduced the cost of banking in terms of reduced employees at the bank,lower cist levied by the bank fir transaction,time taken for a given transaction etc.But no such measurable improvements with respectbto the massive investment has taken place.This is a classic simple example of huge investment,with increasing man power,and other costs.Hence these economists,who donot understand the the issues in totality can not give any meaningful inputs to the siciety.This is the same case with planning commission or niti ayog or what you have it.But fir a change we have a stalwart in economics, patriotism,capability to understand things n totality,Dr.Swamy is nit used,whose first stated objective was to do as per the election manifesto ,GO AFTER THE BLACK MONEY,BAN PN NOTES,BAN MARITIUS ROUTE OF MONEY TRANSACTION,

    Forward  |  Report abuse
KARAN
Economists are looking for miracle
by KARAN on Oct 03, 2017 05:45 PM

These economists never understand the ground reality.When they say india is griwing at 7%,or x%,the cost of essential commodities have never come down. They never tell you whar is mwant by growth.The truth behind this great expression called growth is"print more notes" and our in a project like say rhe present bullet train at one lakh crore without any sense if accountable as to whom does this investmwnt serve.Not rhe common man.Byt when the repayment comes up it is the tax payers money.All NDA has done is nothing to do with real growth.The digital india,the much hyped cashless transaction is a wasrefull expense without any commensurate measurable benefit.In very simple terms so mych of comuterisation,ATM all must have reduced the cost of banking in terms of reduced employees at the bank,lower cist levied by the bank fir transaction,time taken for a given transaction etc.But no such measurable improvements with respectbto the massive investment has taken place.This is a classic simple example of huge investment,with increasing man power,and other costs.Hence these economists,who donot understand the the issues in totality can not give any meaningful inputs to the siciety.This is the same case with planning commission or niti ayog or what you have it.But fir a change we have a stalwart in economics, patriotism,capability to understand things n totality,Dr.Swamy is nit used,whose first stated objective was to do as per the election manifesto ,GO AFTER THE BLACK MONEY,BAN PN NOTES,BAN MARITIUS ROUTE OF MONEY TRANSACTION,

    Forward  |  Report abuse
Total 5 messages Pages: | 1
Write a message