India, the world’s most populous country, is a major economic and political power in South Asia. Known for its vast linguistic, cultural, and geographic diversity, India has a rich history that spans thousands of years, with deep-rooted traditions in philosophy, science, art, and religion. Its large population and vast history mark its economic and cultural importance.
While India’s civilization can be traced to the Harrapan era, that is, 1400 BCE, its modern political boundaries were established in 1947 when it gained independence from British rule. It is now a federal parliamentary democracy with 28 states and 8 union territories, with New Delhi as its capital. India has a democratic system with a multiparty political landscape, with the Indian National Congress and the Bharatiya Janata Party being the two dominant national parties.
As one of the fastest-growing major economies, India is a global hub for technology, manufacturing, and services, while also being an agrarian powerhouse. It is a nuclear-armed state and plays a key role in regional and global geopolitics, maintaining strategic partnerships with various nations.
India is one of the most ethnically and religiously diverse countries in the world, home to multiple religions, sects, castes, and tribes. It has more than ten-thousand languages and hundreds of regional dialects, with Hindi and English serving as the two of the 22 official languages. Despite economic progress, India faces challenges such as poverty, unemployment, and environmental concerns, alongside managing its complex social fabric and regional disparities.
To some extent it appears true. When Sri chidambram silently started shifting base year for inflation data in UPA I and successively in so many years and times, no such schoolers objected and he got away, left a great debris in outgoing UPA II.
Interestingly nobody raises this issue not even he.
68 intellectuals, Bollywood actors etc etc submitted a memorandum to US not to give Visa to Modi ji . This is when he was CM Gujarat. Tried their best to put hurdles in his political career. Bad luck for these 68, Modi won 2014 and became PM . Now same group adopted a new strategy. It is famously known as Award Wapsi . But it didn’t dent d image of Modiji . 2019 election is due , new group of 108 waging a different war . Indications r there , they too fail
Not able to understand how CAs came into picture, when economics and statistics are concerned. This clearly shows they have not properly understood what is being discussed.
Did the current President of ICAI also part of this exercise – one of the signatory to this? I hope his name has been put forward by somebody without his knowledge. I wish and hope I am NOT wtong. If he has really put his signature, it means he has been pressurised by this government to do this.
More relevant question is about the integrity of the economists who have earned their living under the shadow of their masters (The Gandhi-Nehru family) for so many years. They did not find anything wrong since last 7 decades and now everything has gone bad in the last 4years. Hypocrites.
Who are these “scholars”? Leftist anti-nationals, Commies and other vermin who got their position by flaunting their anti-National badge. They have no practical experience but only theory. It IS a question of trying to undermine FDI by a group of traitors who feel that if they cannot loot India, India must be destroyed. It also includes the conversion mafia. India’s data is accepted by international fora with real experts not paid ranters with an agenda to break India. Challenging every institution that does not support the Break-India brigade is the style of today. It is rather silly of you not even to know that there is no NSS data. It is NSO. Maybe you are scared of NSS of Kerala also because it has taken a stand? LOL
CAs are only there to make money. By sucking up to this govt they will make money by any means necessary. They have zero credibility.
CA institute sirf government in power ko hu support karegi. Be it UPA or NDA
It can be easily seen the bias of these economists when the world institutions have not doubted Government published data. And so also the foreign investors, who would invest in an economy that is not performing. Also the amount of development we see around us such as growth in passenger traffic, auto sales, white goods sales, commercial real estate growth etc all point out to a healthy economy. Biased economists have to satisfy their western masters first before being honest to their nation. Shameful to know how low is their integrity. Thanks to The Print and the CAs who have reasoned out the error and bias of the 108 economists.
Chartered accountants – I am one, too – have a lot to answer for in their own professional domain. ILFS is the most recent instance of the statutory auditors having been asleep at the wheel. Restoration of the credibility of official data and statistics should be high up on the post election agenda. It forms the basis for rational decision making.
It is very likely that Mr Pai has had a different syllabus on ethics, morality, good governance and economics than a regular CA student in India. I am always amused with his inability/unwillingness to see the reality as it exists. First thing that came to my mind was the credibility of accounting policies and practices and then when have CAs become expert on Economics. Disclosure – I am not a CA, but have enough in the family who will tell that Economics is not one of their strengths.
The precise job of CA is to misrepresent data so their clients pay less taxes. The fact that they challenged the scholars demonstrates that how unreliable Mr Modi’s data is.
Let scholars debate scholars, not CAs. What have CAs to do with the integrity of data? It is not a question of India growing better or worse. It is a question about whether India’s data is becoming untrustworthy or not due to government interference, whether it was the right decision of the govt to withhold NSS data that did not favour it.
Given the well-earned “reputation” of Indian CAs, for them to question the integtity of scholars is laughable.
The twists and turns that official statistical data has taken over the last 5 years raises legitimate concerns about their credibility.
Imputing motives is the time-tested “patriotic” defence.
Scholars ???
Most of these so called social science scholars are nothing more than witch doctors, still trying to propagate the same failed socialism back to India once again.
We’ll never let it happen.
India was a fragile 5 economy back in 2013-14 and now it’s the fastest growing major ecoo in the world.
So these social scientists can keep crying hoarse, no one gives a sh*t anymore. ??
What a joke? All figures have been fudged with including GDP and employment data , teh economy is in shambles,rural india is in distress, farmers are on the streets, reports are not being taken out and known BJP stoooge Mohandas Pai is leading an offensive against economists ? And silly citizens are defending that. Forget about politics, if people cant see the stupidity of getting CA’s to defend data integrity , where questions on macro level and socio-economic data are concerned which has nothing to do with CA’s nor are CA’s qualified to comment on it, , then they deserve Modi and his stooges. Atleast BJP could have been smart enough to get economists to reply – but obviously , they know no economist is going to stake his/her reputation in face of such flagrant manipulation and distortion of data systems and integrity in this country. So they get their stooge mohandas to reply… and stupider citizens defend it ! Andher nagri , chaupat raja – all these people should be sent to a seperate country to rule with modi – why should we suffer and be made an object of worldwide ridicule by such stupidity !
Fastest growing economy ???
Where are it’s benefits ??
Believe the private persons and doubt the authorised designated organisations. Where is the limit
The act of Congress and their paid leftist stooge ranters is nothing but treason trying to undermine Indian Economy
Mohan Das Pai would soon be seen RS if not Lok Sabha. Who knows even Sunil Alagh may join him.
Maybe even a Raj Bhawan tenancy for one of them.
Why not? better tan some idiots like Cricketers, actors and dancers and others, who were utterly useless, brought in via “paid seats”. He will anyway be an asset and know his job