Stop thinking small. Congress govts have made u think like a rats. The investment led growth is the only way possible for such results . Pension funds from abroad and bond mkt will resolve the issue. Gadkari was able to invest 11 lac crore in 5 yrs without begging from Finance ministry.
Quite obviously, this is plain exaggeration and a hollow promise. It is sad that both Congress and BJP are indulging this practice of making impractical promises. The Congress’ NYAY scheme is impractical and unimplementable. So are the BJP’s promises of reaching GDP level of $5 trillion by 2025 and $10 trillion by 2032. A simple arithmetical excercise can tell us that to attain these targets, the CAGR of GDP growth should around or more than 10%. Similarly to double agri income may also require such dizzyingly high growth rates. Investment of trillions of Rupees is promised in varrious sectors, whereas our yearly annual budget size is just around Rs. 30 trillion. Money doesn’t grow on trees- a famous statement made by our former PM- is applicable to promises made by both the parties.
Stop thinking small. Congress govts have made u think like a rats. The investment led growth is the only way possible for such results . Pension funds from abroad and bond mkt will resolve the issue. Gadkari was able to invest 11 lac crore in 5 yrs without begging from Finance ministry.
Quite obviously, this is plain exaggeration and a hollow promise. It is sad that both Congress and BJP are indulging this practice of making impractical promises. The Congress’ NYAY scheme is impractical and unimplementable. So are the BJP’s promises of reaching GDP level of $5 trillion by 2025 and $10 trillion by 2032. A simple arithmetical excercise can tell us that to attain these targets, the CAGR of GDP growth should around or more than 10%. Similarly to double agri income may also require such dizzyingly high growth rates. Investment of trillions of Rupees is promised in varrious sectors, whereas our yearly annual budget size is just around Rs. 30 trillion. Money doesn’t grow on trees- a famous statement made by our former PM- is applicable to promises made by both the parties.
And only Gadkari will be able to accomplish it.