The Modi government gains in political strength and popular support even as the economy swings downward. Can the two continue to move in opposite directions?
Amid talk of jobless growth and the urgent need for India to create employment for its millions of young men and women, the Chief Statistician of India, T.C.A. Ananth, says there is not much evidence to show that the unemployment scenario may have worsened in the last three or four years.
Anubhuti Vishnoi
Even as small traders in India’s vast unorganized sector express their confusion about the new tax regime, their faith in its long-term benefits has not lessened.
AADYA SINHA, TALHA ASHRAF & DIVYA NARAYANAN
He was the bridge connecting the era of legendary actors like Bachchan and Khanna in the 70s, Govinda and Salman Khan in the 90s, and even later, in films like Malamaal Weekly and Dhamaal.
Institute of Chartered Accountants of India president Charanjot Singh Nanda, a stakeholder in govt's plans to promote home-grown consulting firms, speaks on what is holding back domestic firms.
After initially showing interest in supplying the long-range missile to Ukraine, Trump appeared hesitant following his meeting with Zelenskyy, a day after his phone call with Putin.
Education, reservations, govt jobs are meant to bring equality and dignity. That we are a long way from that is evident in the shoe thrown at the CJI and the suicide of Haryana IPS officer. The film Homebound has a lesson too.
Mr Ninan don’t be good with words alone … “””””Most of India’s politicians may not be aware that the East Asian success story began with sharp improvements in the quality of human capital — achieved by South Korea, Taiwan, and China itself. India’s continuing failure on this front is all too glaring — and bear in mind that there are no ideological barriers to action here.”””””………. Unending reservations in education and promotions has actually killed Human Capital. What is left has migrated!!!! RTE and no Detension was the final nail in the very education system meant to create this much needed Human Capital … Where else in the world Sir are these policies in vogue and what are their existing standards???!!!
The second constraining issue has to do with the old bugbear of project execution — precisely the area where Mr Modi was supposed to make a difference. But the skills programme, started by one government and re-formatted by the next, is still in tatters….. Please …… non of the Make in India Projects of NaMo have actually taken off they are works in the making ………. The idea .. dpr .. tender & pnc … contract and execution in the existing CVC environment is like a 5 to 6 year cycle !!!! I think Mr Gadkari has done a fantastic job and we all need to complement him… See the Bharuch and Chambal cable stay bridges two years fantastic world class and many more such in the pipeline. But you seem to make missed these altogether!!!!
“Make in India” has made no noticeable difference. One doesn’t hear any more about the Delhi-Mumbai Industrial Corridor even as its showpiece — the town of Dholera — seems to have got bogged down in the familiar problem of land acquisition…………….. The Government has clearly said there is no need to acquire anything new since there is enough space in the existing SEZs how I did you miss that???? All Make in India initiatives are High Tech Defence Sector Projects that have a long gestation period and will come online by 2020/21!!!!!
As for demonetisation and the introduction of the goods and services tax have suffered from botched execution. … The man could not be faulted for trying and there was no better time earlier … Having settled in this was the best he could and did do …. He will now be laughing last while the Congress Centre & Communist Left eats Crow in 2019!!!! Sanguine. 🙂
Single most important reform required is in the Justice delivery system in the courts.
If banks could recover their loans through the courts in a time bound manner they would not have been in the present position.
If a corrupt officer could have been convicted swiftly the corruption would not have been where it is now.
If the recovery of the business man was possible from the courts the business sentiment would have been pleasantly positive.
Today if some one wants to go to courts to seek remedy for his problems either with the government or a private person, it means he is ending his options for his life time.
It’s a rather intriguing argument that on the hand “…the Manmohan Singh government was beguiled by flattering growth rates into doing little on some basic issues, taking the wrong turn on some others, and getting paralysed into inaction in the wake of sundry scandals…” (so: blame all of UPA’s idiocies and scams on misleading growth data?), while on the other “the Modi government has simply not been interested in spending political capital to undertake difficult reforms…The price is being paid now, in the form of dipping growth rates…” (so: whip the NDA using the same misleading growth data). How true the old saying: that economists use statistics the way a drunkard uses a lamp-post: for support, not illumination.
What u have said is mild terms…..actually the crisis is greater than u can imagine all minute and small businessess have closed down or on the verge of closing down…the whole economic picture is bleek….daily jobs are being lost even the proposed to to eliminate crores of jobs…..a pack of idiots are running the country. ……..
All business that were cash based and had no tax liability and thrieved as such are closing down … And they should close down … Get Tax compliant and prosper …. The salaried class is happy because they always were TDS… Not so with the SMEs who were all under/ over envoicing with untraceable Bills and Ledgers…. No businessman appeared to be paying income tax but had two or more cars … Welcome to the real world my friend … Learn to pay up and feel happy as we the salaried class all do!!!!!!
Agree. Only description of UPA scandals as “sundry” is a gross understatement.
Mr Ninan don’t be good with words alone … “””””Most of India’s politicians may not be aware that the East Asian success story began with sharp improvements in the quality of human capital — achieved by South Korea, Taiwan, and China itself. India’s continuing failure on this front is all too glaring — and bear in mind that there are no ideological barriers to action here.”””””………. Unending reservations in education and promotions has actually killed Human Capital. What is left has migrated!!!! RTE and no Detension was the final nail in the very education system meant to create this much needed Human Capital … Where else in the world Sir are these policies in vogue and what are their existing standards???!!!
The second constraining issue has to do with the old bugbear of project execution — precisely the area where Mr Modi was supposed to make a difference. But the skills programme, started by one government and re-formatted by the next, is still in tatters….. Please …… non of the Make in India Projects of NaMo have actually taken off they are works in the making ………. The idea .. dpr .. tender & pnc … contract and execution in the existing CVC environment is like a 5 to 6 year cycle !!!! I think Mr Gadkari has done a fantastic job and we all need to complement him… See the Bharuch and Chambal cable stay bridges two years fantastic world class and many more such in the pipeline. But you seem to make missed these altogether!!!!
“Make in India” has made no noticeable difference. One doesn’t hear any more about the Delhi-Mumbai Industrial Corridor even as its showpiece — the town of Dholera — seems to have got bogged down in the familiar problem of land acquisition…………….. The Government has clearly said there is no need to acquire anything new since there is enough space in the existing SEZs how I did you miss that???? All Make in India initiatives are High Tech Defence Sector Projects that have a long gestation period and will come online by 2020/21!!!!!
As for demonetisation and the introduction of the goods and services tax have suffered from botched execution. … The man could not be faulted for trying and there was no better time earlier … Having settled in this was the best he could and did do …. He will now be laughing last while the Congress Centre & Communist Left eats Crow in 2019!!!! Sanguine. 🙂
Single most important reform required is in the Justice delivery system in the courts.
If banks could recover their loans through the courts in a time bound manner they would not have been in the present position.
If a corrupt officer could have been convicted swiftly the corruption would not have been where it is now.
If the recovery of the business man was possible from the courts the business sentiment would have been pleasantly positive.
Today if some one wants to go to courts to seek remedy for his problems either with the government or a private person, it means he is ending his options for his life time.
It’s a rather intriguing argument that on the hand “…the Manmohan Singh government was beguiled by flattering growth rates into doing little on some basic issues, taking the wrong turn on some others, and getting paralysed into inaction in the wake of sundry scandals…” (so: blame all of UPA’s idiocies and scams on misleading growth data?), while on the other “the Modi government has simply not been interested in spending political capital to undertake difficult reforms…The price is being paid now, in the form of dipping growth rates…” (so: whip the NDA using the same misleading growth data). How true the old saying: that economists use statistics the way a drunkard uses a lamp-post: for support, not illumination.
What u have said is mild terms…..actually the crisis is greater than u can imagine all minute and small businessess have closed down or on the verge of closing down…the whole economic picture is bleek….daily jobs are being lost even the proposed to to eliminate crores of jobs…..a pack of idiots are running the country. ……..
All business that were cash based and had no tax liability and thrieved as such are closing down … And they should close down … Get Tax compliant and prosper …. The salaried class is happy because they always were TDS… Not so with the SMEs who were all under/ over envoicing with untraceable Bills and Ledgers…. No businessman appeared to be paying income tax but had two or more cars … Welcome to the real world my friend … Learn to pay up and feel happy as we the salaried class all do!!!!!!
Agree. Only description of UPA scandals as “sundry” is a gross understatement.