Modi govt has spent Rs 19.3 lakh crore in 5 years on infrastructure. To meet the manifesto promise, it would need to spend over 5 times that amount per year.
IL&FS failed to service principal and interest on loans from banks, inter-corporate deposit and commercial papers totalling 33.9 crore rupees due for the period from Sept 30 to Oct 4
Central University of Orissa is running with just 17 per cent of permanent faculty, those in Himachal Pradesh and Karnataka have more than 60 per cent vacancies.
India’s civil services were once called the ‘steel frame’. But steel is forged in fire, not moulded in a coaching class. While dilution has made the exam easier, it has also made it harder to find the game-changers we need.
SEBI probe concluded that purported loans and fund transfers were paid back in full and did not amount to deceptive market practices or unreported related party transactions.
Many really smart people now share the position that playing cricket with Pakistan is politically, strategically and morally wrong. It is just a poor appreciation of competitive sport.
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.