It is unfortunate that certain writers are concentrating on maligning every move of Modi. You can know the content of an article by just looking at the author. Let's be positive about India.
The big, rich guy's biggest fear isn't bankruptcy, but the police.It is India in inversion.The Govts's fear isn't bankruptcy,-it's doesn't care- nor the police butit could be thinking ," how can we send police to the Rich man amongst whom we too make part of ".We very intelligently went on counting the returned H.D.notes during Demonetization.We would find ways for these also.Where there is Govt''s will there is a way."
It isn't in the nature of corporate India to speak anything other than paeans of praise for any government.I scratch your back ,you do mine.It isn't in the nature of Govt.of India from 1980 onwards to date to have done anything other than helping corporate India to let have 74% and more of Indi'a national wealth and at the cost of poor tax payerR.Ponnambalam
We left that Anderson go years ago and then made noise.Now we leave Vijay Mallya and then the Nirav Modi-Mehul Choksi and tell the foreign Govts. to deport them.They should be laughing at us thinking," Poor fellows why make drama.If were serious ,you would have ensured that they didn't leave."We just don't bother about your drama nor would our country.Keep wasting news paper pages as you do writing about cows and Religion communalism pretending to be Secularism.We have time for only our affairs"
“Today's stress and distress are a combination of all these factors”:No ! but is the result of neglect or thorough mismanagement of India’s Economy from 1980 onwards to the benefit of Pvt.Rich people at the cost of the tax payer and the Parliament’s Abject failure to have taken up this issue in the parliament.6% to 24% wealth rise was in 30yrs.It cannot be undone in one year or one term or two term by any Govt.The Govt.Administration is a mirage to go by results.The Indian Anarchy Service is never answerable to anything in India. Indian Anarchy Service will put the ball in the court of Politicians and Politicians would put the ball in the court of the Indian Anarchy Service and the result is zero.The Indian Administrative Service must be made effective;the wrong land ownerships given must be taken back.The Income raids like the recent ones in Tamilnadu should be there in many more places.THE MINISTRIES SHOULD WORK.THE MINISTERS SHOULD BE RESPONSIBLE Otherwise India has no hope.As of now ABSOLUTELY NO HOPE.R.PONNAMBALAM
What is corporate Sector?The sector that gets Rs.44000 crs.or Rs.55000 crs as Loans from the POOR tax payer's money.It is in a socialist-democracy where wealth disbursal should ensure equitability and equality .Not even a single M.P. of any Party was reported as having questioned it in Parliament ! Nehru started Public Sector Industries .The income disparity dropped.Out Trade unions put paid to the good intentions of giving employees the right and dignity of labour and made a great damage to Indian development .That helped the Pvt. Sector&pvt interests. Our entire entrepreneurdom , one can doubt that works by Commission and kick backs and 20plus something family members as Directors of company.Some on asked asked me"Would these 20 something Directors enjoy the life with all the 74% of India's wealth at their disposal or would invest in Industries or work for the nation.No wonder China has 4 times the Gross Domestic product of India and with 74% national wealth in the hands of 10% top( say entrepreneurs)people India was weeping that no investing in is manufacturing sector is coming about.It won't come.The Modi Govt.has to become an entrepreneur R.Ponnambalam
“better entrepreneurs”.So we have good and the better only;it doesn’t show that bad entrepreneurs are there.Else it makes only the that Hair cut crowned and Non Performance badged sector as bad.How would we call the entrepreneurs who have taken or got loans in the range of Rs.44000 crs. Or Rs.55000 crs .Our Econonomicsdom of Great Deceptive Product doesn’t tell what foreigner’s research report says.With all our better and the best entrepreneurs the country has this as the research report of Chancel and Piketty's speaks India’s Top 1% earners captured 6% income in the early 1980. The income share of India’s top 1% rose from approximately 6% in 1982 -1983 to above 10% a decade later and then to 15% in 2000 and further still around by 23% by 2014.Then Quora reports”the per capita income of SriLanks is double that of India”.Wikipedia writes and graphs the percapita income of Indonesia is double that of India in 2012itself.Add to it what ex V.P. addressed in Lucknow some two yrs. back” Where do we stand on the ladder of equity? This is a question that citizens of the republic can ask the state after 70 years of legislating welfare laws and adjudicating measures to deliver social justice.""The ground reality is dismal," he(Hamid Ansari) said during the inaugural address at the 9th National Conference of the Indian Association of Lawyers here. while the top 10 percent controlled about 74 percent o
Modi himself is a generalist like you and me believing more in 'hardwork' than in 'harvard'. Next. Arun Jaitelt is a lawyer turned a poor economist short of incompetence handling Fin ministry the way he has delayed resolving NPAs issues head on taking on likes of Nirav Modis,Chioksis,All’bad scams etc which were adequately flagged by whistleblowers ….from day one after assuming power in may,2014. Instead the Modi-jaitely duo adopted them giving them patronage taking them to davos every yr. Besides,Jaitely also creates the complicated GST implementation mess.Latest position is RBI guv. passes the entire NPAs buck on to the govt. citing lack of powers while maintaining a studies silence on DEMON effect aftermath !!The end result is the famous 'Khihdi' of Gujrat out of Fin ministry with two Fin ministers blogging and tweeting w/o co-ordination giving an impression the deptt. is in the hands of couple of amateurs.
Shekhar's understanding that corporate sector is afraid of Modi govt is the latest of purported horror stories being circulated... very similar to anti minority horror stories he used to peddle some time back... From the article he does not seem to be interested in bringing to book wrong doers but makes the corporate sector appear as a scapegoat for 2019 election...
