GST, jobs & unorganised sector formed the focus of a roadmap put forth by economy experts, including from Congress & Left, to ease India’s economic situation.
Policies must be made after much debate, by experts with feet on the ground. Politicians need to take responsibility and inform businesses early about changes.
It would be a pity if Modi govt keeps ignoring bad economic news. Danger of doing nothing is that growth of 6% or less becomes the norm, not the unacceptable.
Taking a swipe at BJP MP Pragya Thakur's recent remarks, Congress spokesperson Randeep Surjewala said GDP meant 'Godse Divisive Politics' for the ruling party.
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.
Pls correct my quote.
I have never said I was foolish in supporting GST. I said I was “bullish “! However over time it got implemented badly causing concerns.
1. My question to all opposition party leaders, and especially to former PM, is this: do they accept that NDA government led by PM Narendra Modi has a clear mandate of people of India? 2. Yes, economic slowdown is a fact but it is not for first time that such a situation has arisen. What is approach of opposition parties? Their left-oriented agenda is no assurance of an economic turnaround. 3. HDFC Bank CEO has made a valid observation. Economic slowdown should be regarded as an opportunity to revive industrial economy. Opposition parties are just criticizing the government. They are not interested in an exercise which involves a close scrutiny of performance of economy after 2009, that is during five years of UPA II rule. 4. Let us not spend our time and energy on finding fault with Congress led UPA government but fact is that performance of UPA II government was overshadowed by allegations of too many irregularities. Though UPA government was headed by an eminent economist, it did nothing to implement programmes for enhancing income of marginal farmers and landless farm workers. 4. Data of National Sample Survey Office (NSSO) have indicated that farmers with less than two hectares of landholding constitute almost 70% of rural households. But UPA I & II did nothing for increasing income of these farmers. This is a bitter fact. 5. Fall in rural demand for many fast-moving consumer goods in 2019 is actually an indication of many years of neglect on the farm front. 6. As I see it, Opposition parties’ and particularly of Congress’ basic objective is very clear- to embarrass the NDA government and PM Narendra Modi in particular. How is it useful in dealing with the current economic slowdown? Therefore, I think that opposition parties and particularly economists like former PM Manmohan Singh, should, instead of merely criticizing the NDA government, discuss need for, and then demand, implementation of many reforms, especially in fields of labour, banking and agriculture. These parties have to offer a hand of cooperation so that implementation of reforms is smooth and effective.
Terrible ideas, as usual, from the Congress. The party did not allow Dr Singh and his FM to move an inch on the sort of deep structural reforms which the pre 2008 boom allowed to be undertaken with relatively less pain.
Pls correct my quote.
I have never said I was foolish in supporting GST. I said I was “bullish “! However over time it got implemented badly causing concerns.
Communists talking about economic growth, … It’s got to be the joke of the day.
1. My question to all opposition party leaders, and especially to former PM, is this: do they accept that NDA government led by PM Narendra Modi has a clear mandate of people of India? 2. Yes, economic slowdown is a fact but it is not for first time that such a situation has arisen. What is approach of opposition parties? Their left-oriented agenda is no assurance of an economic turnaround. 3. HDFC Bank CEO has made a valid observation. Economic slowdown should be regarded as an opportunity to revive industrial economy. Opposition parties are just criticizing the government. They are not interested in an exercise which involves a close scrutiny of performance of economy after 2009, that is during five years of UPA II rule. 4. Let us not spend our time and energy on finding fault with Congress led UPA government but fact is that performance of UPA II government was overshadowed by allegations of too many irregularities. Though UPA government was headed by an eminent economist, it did nothing to implement programmes for enhancing income of marginal farmers and landless farm workers. 4. Data of National Sample Survey Office (NSSO) have indicated that farmers with less than two hectares of landholding constitute almost 70% of rural households. But UPA I & II did nothing for increasing income of these farmers. This is a bitter fact. 5. Fall in rural demand for many fast-moving consumer goods in 2019 is actually an indication of many years of neglect on the farm front. 6. As I see it, Opposition parties’ and particularly of Congress’ basic objective is very clear- to embarrass the NDA government and PM Narendra Modi in particular. How is it useful in dealing with the current economic slowdown? Therefore, I think that opposition parties and particularly economists like former PM Manmohan Singh, should, instead of merely criticizing the NDA government, discuss need for, and then demand, implementation of many reforms, especially in fields of labour, banking and agriculture. These parties have to offer a hand of cooperation so that implementation of reforms is smooth and effective.
Terrible ideas, as usual, from the Congress. The party did not allow Dr Singh and his FM to move an inch on the sort of deep structural reforms which the pre 2008 boom allowed to be undertaken with relatively less pain.