Let us for a moment pretend that the Modi government is actually going to raise or save Rs 20 lakh crore and it will use it to reboot economy after lockdown shock.
In Episode 1544 of CutTheClutter, Editor-in-Chief Shekhar Gupta looks at some top economists pointing to the pitfalls of ‘currency nationalism’ with data from 1991 to 2004.
Among 19 Indian firms sanctioned by US Treasury Dept was Lokesh Machines Ltd accused of coordinating with 'Russian defence procurement agent to import Italy-origin CNC machines'.
While we talk much about our military, we don’t put our national wallet where our mouth is. Nobody is saying we should double our defence spending, but current declining trend must be reversed.
What is the credentials and proven success story of Mr Yadav. On every subject he has his “expert views” . He is a Predident of a party who
has not won even a single Municipality election. Yet channels after channels/print media call him as an expert commentator- he is a hoax and fraud. Media itself is loosing its credibility.
Your chacha Modi was also made directly chief minister by RSS, not that he fought election on his name. Modi didn’t ever fight election for a Panchayat ward. That would be like making me PM once then I too will see Indian voters. Yogendra Yadav, on the other hand, don’t have crutches like Sangh and hindutva. Modi is not an empty shell: because he is full of bigotry and nothing else. He is an ill omen for India at best. 3000 crores on a statue where people don’t have food to eat. Whenever you ProudPeople boast of your proudness, it becomes immediately clear– how ashamed are you about yourself and your vesion of idea of india.
The most of theburden is on the banks. centrla government is not opening it’s chest. all these laons become NPAS and PSB swill be blamed for the NPAs. Then call the dog mad and kill it.
Readers are aware of some highly significant developments beginning 12 May , 2020 , particularly relating to economic sector in India. Prime Minister Narendra Modi announced on 12 May , 2020 a consolidated economic package amounting to a huge Rs.20 lakh crores in the wake of the coronavirus pandemic . The theme outlined is to make a self-reliant India by promoting local businesses. In other words , it is a gigantic or elephantine endeavor to promote indigenous business in India. Prime Minister shared with the nation on 12 May the huge pain brought by the coronavirus pandemic , adding that it has given signals of opportunity as well. Details of said rupees 20-lakh crore package were to be given by Finance Minister Nirmala Sitaraman. And these details have been announced by the Finance Minister on 13- 14 May 2020. Briefly speaking , the thrust of the economic package can clearly be read to address the setback or damage done so far and can be done in days to come , by coronavirus pandemic , widely known as COVID-19. In addition , the thrust can also be read to signify a well-meaning endeavor to seize the opportunity that is perceived having come along with the unprecedented pain. In the context of these unforeseen developments on India’s horizon , it may be apt to refer readers to this Vedic astrology writer’s predictions capable of being parked into “ prophetic predictions”. Through this writer’s predictive alerts in article – “ Predictions for coming year 2020 by kushal kumar” – published last year 2019 on 10 October , at theindiapost.com/articles/predictions-for-coming-year-2020-by-kushal-kumar/ , this writer had said like this :-
“ Now something encouraging. The second half of the year from July to November 2020 looks to be addressing the setbacks or delay of the past , particularly those of the first half. Some trends of success or forward movement in economic sector , political issues are likely. Cooperation or support of global powers may be seen coming. Some historic political decision is likely. The obstructive forces may weaken to some extent. Like the previous year , acceptance by global community of India’s positive role in world affairs may be in news. It seems the second half in 2020 can boost up the ambitious side of the nation. Such knowledge or stuff related thereto as Yoga , Ayurveda , herbal , and spiritual side addressing material issues like health. Efforts made in the economic sector or space program are likely to meet with success bringing name”.
It may be observed here that whatever endeavors or announcements have been made in May and onwards would obviously take some reasonable time to shape up on the ground. Hence July to October or November 2020.
Mr Yadav has arbitrarily arrived at numbers to be allocated under various heads. He will find that some of his recommendations are included in the package. However, this is not the point. In order not to burden the treasury and to prevent the fiscal deficit going out of control, almost the entire burden is placed on the banking industry. Banking industry being subservient to the government cannot refuse. But how it will affect the health of the industry already suffering from mounting NPAs is the moot point.
Congratulations, Team India 125crs plus one India one world mission for peace and love wish As we are to leave with corona and other diseases company why not take a permanent solution for every day problem with a ever lasting solution. Let’s not pretend and assure but let’s really predict that happening and cost suggests deliver in truth As every one on home mode and to stay home now you open lockdown or step by step bring back to normal will require social Basis security to government quarantine for bank loan to CASH support as all measures full of scheme and program have results in till to settle. Let not predict future let’s make we have maximum Bank account Aadhaar link let’s deposit the amount and same time give Rs 500/Insurances cover for One Crs to each head so family is secure and safe and will help in social Basic security hope as corona has changed life so government can also bridge the gap between economy and self relaent India. Okay
What has happened now why not after first pandemic lockdown. Every one might say Modi has this & that . But forget not the Economy was actually rebooted & globalised by Narasimharao & Manmohan Singh, then & then after progress of economy & development started.Man Mohan Singh while he was a PM reorganised the economy, when the whole world under recession, Indian Economy came out successfully.
Infact NM gets everything ready made Economy, Bufferstock of foodgrains for 10 years. Actually speaking Modi after demonetisation lost the tone of economy, momentum. But he is lucky to get a chance like Uri, Balakote & now Corona.
He declared the economic package late in time, what the people facing at ground reality is unknown to BJP . As it seems at first hand. Yet it’s not everything, it’s starting. Not the end.
Congrass ensured that undereducated ” jhollawallas” were used as intellectuals to decide policies which promoted corruption, nepotism and a huge population that ensured majority will remain poor and corruption will go on unchecked. These same middlemen are now increasingly sounding desperate for INDIA to return back to congrass to ensure survival of the “jhollawallas ” gang. SUPPORT population control if you any humanity left in you.
This Government has dug itself deeper, and deeper into the hole that successive Indian Governments have dug for India since 1947.
Modi’s 20 lakh crore Keynesian-Rooseveltian Jhumla cannot succeed because India’s economy has already been run into the ground by destroying the productive and productivity to feed Modi’s “For Government, By Government, To Government”, “Multi-Appeasement” policies. All Modi is proposing is to stoke inflation through deficit finance, leading to the collapse of the rupee and the economy in order to sustain and perpetuate a failed Government that has further fattened the preexisting accumulation of unproductive capital, non existent assets, and the exploding ranks of incompetent, corrupt Judges, Politicans, Bureaucrats, Police, Public Sector and others on State pay roll.
There is no way that India can generate the sort of productivity and quality goods and services to compete Internationally to run up the sort of surplus to fill the contemplated deficit even over several centuries. India policies since 1947 to 2020, its Constitution, Courts and laws have seen to this. It would have taken a century after India puts an end to corruption and reservation for it to begin to have a fighting chance. It may take several centuries now to pay off the debt Modi contemplates. Modi’s policies will suck the blood of many generations of Indians to come with far greater viciousness than Nehru and his successors!
I have no faith or confidence that the present Government will do anything other more of all the failed policies since 1947 which it has implemented with greater fanfare and technology assisted viciousness since 2014.
I had predicted this right since 2014 in hundreds of answers on Quora
Note from my archives of Modi’s “Multi Appeasement”
Modi’s “Multi appeasement policy” comprises:
(1) Appeasing with doles, increments and pampering of Moslems, Christians, SC, ST, BC, OBC, Judges, Bureaucrats, Police, Politicians, Public Sector and Crony (election bond) Capitalists at the cost of the rest of the Nation
(2) Bribe diplomacy of giving doles and aid to countries in competition with a far wealthier and more powerful China at the cost of Non VIP Indian citizens and India
(3) Appeasing China by running up a trade deficit with China larger than India’s defense budget and taking advantage of India’s woeful lack of indigenous ability and capacities in governance, science, technology, integrity, quality and engineering to purchase arms from the remaining four Permanent Members of the UN Security Council with scant regard for India’s best interests in terms of economy, value for money, military strategy, tactics and readiness
Recipe for inflation and possible disaster. Most to the money should go funding Primary Education, Heath Centers, tap water and other ifra projects no no no to consumption
What is the credentials and proven success story of Mr Yadav. On every subject he has his “expert views” . He is a Predident of a party who
has not won even a single Municipality election. Yet channels after channels/print media call him as an expert commentator- he is a hoax and fraud. Media itself is loosing its credibility.
Your chacha Modi was also made directly chief minister by RSS, not that he fought election on his name. Modi didn’t ever fight election for a Panchayat ward. That would be like making me PM once then I too will see Indian voters. Yogendra Yadav, on the other hand, don’t have crutches like Sangh and hindutva. Modi is not an empty shell: because he is full of bigotry and nothing else. He is an ill omen for India at best. 3000 crores on a statue where people don’t have food to eat. Whenever you ProudPeople boast of your proudness, it becomes immediately clear– how ashamed are you about yourself and your vesion of idea of india.
The most of theburden is on the banks. centrla government is not opening it’s chest. all these laons become NPAS and PSB swill be blamed for the NPAs. Then call the dog mad and kill it.
Readers are aware of some highly significant developments beginning 12 May , 2020 , particularly relating to economic sector in India. Prime Minister Narendra Modi announced on 12 May , 2020 a consolidated economic package amounting to a huge Rs.20 lakh crores in the wake of the coronavirus pandemic . The theme outlined is to make a self-reliant India by promoting local businesses. In other words , it is a gigantic or elephantine endeavor to promote indigenous business in India. Prime Minister shared with the nation on 12 May the huge pain brought by the coronavirus pandemic , adding that it has given signals of opportunity as well. Details of said rupees 20-lakh crore package were to be given by Finance Minister Nirmala Sitaraman. And these details have been announced by the Finance Minister on 13- 14 May 2020. Briefly speaking , the thrust of the economic package can clearly be read to address the setback or damage done so far and can be done in days to come , by coronavirus pandemic , widely known as COVID-19. In addition , the thrust can also be read to signify a well-meaning endeavor to seize the opportunity that is perceived having come along with the unprecedented pain. In the context of these unforeseen developments on India’s horizon , it may be apt to refer readers to this Vedic astrology writer’s predictions capable of being parked into “ prophetic predictions”. Through this writer’s predictive alerts in article – “ Predictions for coming year 2020 by kushal kumar” – published last year 2019 on 10 October , at theindiapost.com/articles/predictions-for-coming-year-2020-by-kushal-kumar/ , this writer had said like this :-
“ Now something encouraging. The second half of the year from July to November 2020 looks to be addressing the setbacks or delay of the past , particularly those of the first half. Some trends of success or forward movement in economic sector , political issues are likely. Cooperation or support of global powers may be seen coming. Some historic political decision is likely. The obstructive forces may weaken to some extent. Like the previous year , acceptance by global community of India’s positive role in world affairs may be in news. It seems the second half in 2020 can boost up the ambitious side of the nation. Such knowledge or stuff related thereto as Yoga , Ayurveda , herbal , and spiritual side addressing material issues like health. Efforts made in the economic sector or space program are likely to meet with success bringing name”.
It may be observed here that whatever endeavors or announcements have been made in May and onwards would obviously take some reasonable time to shape up on the ground. Hence July to October or November 2020.
Hello everyone how will give money to everyone
Mr Yadav has arbitrarily arrived at numbers to be allocated under various heads. He will find that some of his recommendations are included in the package. However, this is not the point. In order not to burden the treasury and to prevent the fiscal deficit going out of control, almost the entire burden is placed on the banking industry. Banking industry being subservient to the government cannot refuse. But how it will affect the health of the industry already suffering from mounting NPAs is the moot point.
Congratulations, Team India 125crs plus one India one world mission for peace and love wish As we are to leave with corona and other diseases company why not take a permanent solution for every day problem with a ever lasting solution. Let’s not pretend and assure but let’s really predict that happening and cost suggests deliver in truth As every one on home mode and to stay home now you open lockdown or step by step bring back to normal will require social Basis security to government quarantine for bank loan to CASH support as all measures full of scheme and program have results in till to settle. Let not predict future let’s make we have maximum Bank account Aadhaar link let’s deposit the amount and same time give Rs 500/Insurances cover for One Crs to each head so family is secure and safe and will help in social Basic security hope as corona has changed life so government can also bridge the gap between economy and self relaent India. Okay
What has happened now why not after first pandemic lockdown. Every one might say Modi has this & that . But forget not the Economy was actually rebooted & globalised by Narasimharao & Manmohan Singh, then & then after progress of economy & development started.Man Mohan Singh while he was a PM reorganised the economy, when the whole world under recession, Indian Economy came out successfully.
Infact NM gets everything ready made Economy, Bufferstock of foodgrains for 10 years. Actually speaking Modi after demonetisation lost the tone of economy, momentum. But he is lucky to get a chance like Uri, Balakote & now Corona.
He declared the economic package late in time, what the people facing at ground reality is unknown to BJP . As it seems at first hand. Yet it’s not everything, it’s starting. Not the end.
Congrass ensured that undereducated ” jhollawallas” were used as intellectuals to decide policies which promoted corruption, nepotism and a huge population that ensured majority will remain poor and corruption will go on unchecked. These same middlemen are now increasingly sounding desperate for INDIA to return back to congrass to ensure survival of the “jhollawallas ” gang. SUPPORT population control if you any humanity left in you.
This Government has dug itself deeper, and deeper into the hole that successive Indian Governments have dug for India since 1947.
Modi’s 20 lakh crore Keynesian-Rooseveltian Jhumla cannot succeed because India’s economy has already been run into the ground by destroying the productive and productivity to feed Modi’s “For Government, By Government, To Government”, “Multi-Appeasement” policies. All Modi is proposing is to stoke inflation through deficit finance, leading to the collapse of the rupee and the economy in order to sustain and perpetuate a failed Government that has further fattened the preexisting accumulation of unproductive capital, non existent assets, and the exploding ranks of incompetent, corrupt Judges, Politicans, Bureaucrats, Police, Public Sector and others on State pay roll.
There is no way that India can generate the sort of productivity and quality goods and services to compete Internationally to run up the sort of surplus to fill the contemplated deficit even over several centuries. India policies since 1947 to 2020, its Constitution, Courts and laws have seen to this. It would have taken a century after India puts an end to corruption and reservation for it to begin to have a fighting chance. It may take several centuries now to pay off the debt Modi contemplates. Modi’s policies will suck the blood of many generations of Indians to come with far greater viciousness than Nehru and his successors!
I have no faith or confidence that the present Government will do anything other more of all the failed policies since 1947 which it has implemented with greater fanfare and technology assisted viciousness since 2014.
I had predicted this right since 2014 in hundreds of answers on Quora
Note from my archives of Modi’s “Multi Appeasement”
Modi’s “Multi appeasement policy” comprises:
(1) Appeasing with doles, increments and pampering of Moslems, Christians, SC, ST, BC, OBC, Judges, Bureaucrats, Police, Politicians, Public Sector and Crony (election bond) Capitalists at the cost of the rest of the Nation
(2) Bribe diplomacy of giving doles and aid to countries in competition with a far wealthier and more powerful China at the cost of Non VIP Indian citizens and India
(3) Appeasing China by running up a trade deficit with China larger than India’s defense budget and taking advantage of India’s woeful lack of indigenous ability and capacities in governance, science, technology, integrity, quality and engineering to purchase arms from the remaining four Permanent Members of the UN Security Council with scant regard for India’s best interests in terms of economy, value for money, military strategy, tactics and readiness
Please read:
https://www.quora.com/What-are-the-steps-that-the-Indian-government-is-going-to-take-to-boost-the-economy-post-lockdown/answer/Suchindranath-Aiyer?__nsrc__=4&__snid3__=7988948174
https://www.quora.com/How-will-India-cope-post-lockdown-economically/answer/Suchindranath-Aiyer?prompt_topic_bio=1
https://www.quora.com/Which-previous-Prime-Ministers-of-India-can-handle-the-corona-virus-situation-better-than-Narendra-Modi/answer/Suchindranath-Aiyer?prompt_topic_bio=1
https://www.quora.com/How-can-Indias-manufacturing-industry-capitalize-on-the-production-decline-in-China-due-to-the-Corona-virus/answer/Suchindranath-Aiyer?prompt_topic_bio=1
https://www.quora.com/What-measures-is-the-Indian-government-taking-to-attract-manufacturing-companies-moving-out-of-China/answer/Suchindranath-Aiyer?prompt_topic_bio=1
https://www.quora.com/What-do-you-expect-in-todays-speech-from-Indias-finance-minister-Mrs-Nirmala-Sitharaman-at-4-pm-on-May-13-2020-on-the-economic-package/answer/Suchindranath-Aiyer?prompt_topic_bio=1
https://www.quora.com/Is-202020-twenty-lakh-crore-in-2020-by-centre-welcoming-to-pave-away-unemployment-by-encouraging-MSMEs-and-make-India-products-Note-your-views-may-be-furnished-after-nirmalajis-speech-addressed-to-nation?__filter__=all&__nsrc__=1&__sncid__=5108089938&__snid3__=8172264320
This Government has dug itself deeper, and deeper into the hole that successive Indian Governments have dug for India since 1947.
Modi’s 20 lakh crore Keynesian-Rooseveltian Jhumla cannot succeed because India’s economy has already been run into the ground by destroying the productive and productivity to feed Modi’s “For Government, By Government, To Government”, “Multi-Appeasement” policies. All Modi is proposing is to stoke inflation through deficit finance, leading to the collapse of the rupee and the economy in order to sustain and perpetuate a failed Government that has further fattened the preexisting accumulation of unproductive capital, non existent assets, and the exploding ranks of incompetent, corrupt Judges, Politicans, Bureaucrats, Police, Public Sector and others on State pay roll.
There is no way that India can generate the sort of productivity and quality goods and services to compete Internationally to run up the sort of surplus to fill the contemplated deficit even over several centuries. India policies since 1947 to 2020, its Constitution, Courts and laws have seen to this. It would have taken a century after India puts an end to corruption and reservation for it to begin to have a fighting chance. It may take several centuries now to pay off the debt Modi contemplates. Modi’s policies will suck the blood of many generations of Indians to come with far greater viciousness than Nehru and his successors!
I have no faith or confidence that the present Government will do anything other more of all the failed policies since 1947 which it has implemented with greater fanfare and technology assisted viciousness since 2014.
I had predicted this right since 2014 in hundreds of answers on Quora
Note from my archives of Modi’s “Multi Appeasement”
Modi’s “Multi appeasement policy” comprises:
(1) Appeasing with doles, increments and pampering of Moslems, Christians, SC, ST, BC, OBC, Judges, Bureaucrats, Police, Politicians, Public Sector and Crony (election bond) Capitalists at the cost of the rest of the Nation
(2) Bribe diplomacy of giving doles and aid to countries in competition with a far wealthier and more powerful China at the cost of Non VIP Indian citizens and India
(3) Appeasing China by running up a trade deficit with China larger than India’s defense budget and taking advantage of India’s woeful lack of indigenous ability and capacities in governance, science, technology, integrity, quality and engineering to purchase arms from the remaining four Permanent Members of the UN Security Council with scant regard for India’s best interests in terms of economy, value for money, military strategy, tactics and readiness
Pappu Mummy…… all are silent after yesterday’s massive, well designed and well targeted stimulus announcement.
Yogendra ek number ka hootiya hai.
He is a champagne socialist commie. Don’t be fooled by the pained look, the khadi kurta and the zhola- the guy is a total fake.
$ 260 billion. The maths is fuzzy. Oranges, apples, lemons. Not adding up.
Recipe for inflation and possible disaster. Most to the money should go funding Primary Education, Heath Centers, tap water and other ifra projects no no no to consumption