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4.5% GDP rate alarming, Modi govt must ensure we don’t slip further to Hindu rate of growth

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The Indian economy grew at a 6-year low of 4.5% in the quarter ended September. This is alarming and India can’t afford to slip further to the Hindu rate of growth of the pre-liberalisation era. Modi government, fiscal and monetary measures should work together to revive consumption and investment demand.

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    • Because Hinduism has led to India’s problems: cows running all over streets, polluted Ganges, caste system and religious bigotry, Muslims denied citizenship and killed for possibly eating beef. Hinduism keeps india racist, divided, complacent, poor, accepting horrible hygiene and other matters.

  1. Not Hindu but Nehru rate of growth. Modi being an extreme left wing Marxist will produce the Marxist rate of growth. True Hindu/Indic belief extols prosperity, wealth, individual enterprise and economic freedom. Unfortunately the present government has no belief in Indic value systems. Just like the past Nehru-Gandhi governments.

  2. Sab changa si.

    Another set of big days coming up with more NRC announcements to be made. We lost maha, but’ve already set the WhatsApp meme teams on the job with maha focus. Haha, I liked some of the videos they made. There’s lots to do in this country.

  3. It is easy to get away by calling a low growth rate “Hindu,”. Try calling it by any other name linked with a religion and pseudo secularists will call you communal. In truth it is the Nehruvian rate of growth as the Bharat Ratna was responsible for it while other countries in South Asia raced pass us. But then why should The Print endanger its selective secular credentials by experimenting with the truth?

    • Just after independence we had the memory of East India Company. We didn’t allow western capitalism to subjugate us again. Success of other South Asian countries now showing the virtues of foreign capital. This is pure hindsight. Nehru did what was the political and economic consensus at that time. Propaganda is something and truth is something else.

      • Wrong, did capitalists enslaved China, Answer no.. Why because in India there is no economic freedom, but a lot unnecessary political freedom. It should have been reverse.

      • Nehru was an intellectually challenged individual who blindly bought into Western belief systems like Marxism/socialism etc. Even if he did not allow Western capitalism to subjugate India, he allowed Western thought systems to subjugate India. Modi is a modern day Nehru and as extreme left wing Marxist as Nehru. One needs a PVNR or ABV.

  4. The loyal RBI has done all it could, will likely ignore surging inflation and deliver another rate cut soon, without considering what the earlier ones have done to stimulate growth. 2. Tax revenues are reflecting the dismal state of the economy, income tax even more than GST. The states are also being short changed by the Centre. Fiscal stimulus is ruled out. 3. If Jharkhand and Delhi disappoint, as Haryana and Maharashtra have, that might finally convince the government that holding off on reforms will be politically fatal. Where in the world will such an economy deliver a third term …

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