Modi government is a term used to refer to the cabinet headed by Prime Minister Narendra Modi, the 14th Prime Minister of India. The government comprises members of Bharatiya Janta Party (BJP)-led NDA.
Corporate India’s euphoria over Modi’s rise has ended. It’s been replaced by suspicion & fear as he’s let businessmen know they can’t see him as their own.
Since 2014, the Modi government has cracked the whip on several VCs, getting the President's nod to sack three and conducting inquiries against another three.
In keeping with India’s diplomatic focus under Modi, 13 of the 35 target countries are from West Asia, with Iran, Iraq, Saudi Arabia and UAE in the list.
Army chief says it’s wrong to say defence expenditure is a burden for nation; Parliament panel informed that threat perception is high after Doklam standoff.
The Narendra Modi government has hiked the import tariffs across sectors to a 30-year high. Experts weigh in the effect this could have on the nation's economy.
Any future tactical agreement in Eastern Ladakh will be based on India accepting the 1959 claim line. The diplomatic challenge is to reach a face-saving agreement.
Govt launched 'Make in India' on 25 Sept 2014 to make India manufacturing hub. On its 10th anniversary, PM Modi said it illustrates 'collective resolve of 140 crore Indians'.
Air Marshal Amar Preet Singh will take over as chief on 30 September. During his service of nearly 40 yrs, he has served in variety of command, staff, instructional & foreign appointments.
Sri Lankan transition was smoothly managed. Check Bangladesh for contrast. They forced their incumbent into exile, installed a mostly unelectable govt of non-political people.
Secular campaign against ‘modern Shivaji’ PM Modi is not based on facts. May it be communalism, NPAs, PNB Scam, Anti Dalit, alliance with PDP, Demonetisation, Drive against Black money, Cambridge Analytica whatever you take in the heart of the hearts all political enemies will agree that all allegations will not stand a test of scrutiny. That is why Seculars have to always invent/manufacture new issues as no allegation goes for mote than 48 hours. Even allegations go for 48 hours because Modi Government does not monitor news live and they react only after 48 hours. They also lack communication specially live feedback from knowledgeable supporters and sympathisers. Even than Seculars are not able to damage their image specially of ‘modern Shivaji’. More they attack more he shines.
Congress leadership is so weak that it is easily influences by secular media who have no understanding of India and its traditions. Otherwise Congress would not have opposed Ram Mandir & Triple Talaq. Their stand on beef and impeachment of CJI perceived as reaction to hearing on Ram Mandir in SC are also not intelligent.
Can a campaign based on lies against BJP Govt and PM Modi will succeed, only time will tell.
Is it really true that India’s rich are #Powerless & #Fearful ? Look at #MukeshNitaAmbani #GautamAdani & #BabaRamdev ! Often #NaMo is a #Model for #RelianceJio , approves #TaxMoratoriums for #Adanis & maintains suspicious silence for #BabaRamdev !The Trio forms the #DeFactoGoI . I fail to understand why Shekhar Gupta has to bat defensively for the corporates !
Is Shekhar Gupta ignorant about the fact that the personal wealth of #MukeshNitaAmbani increased to make him India’s #Richest (Beggar) with the stupendous #Rise in the Debt & Liabilities of #UnreliableReliance with exclusion of the Compensation of #LandLosers & #PropertyOwners cheated & deped by #MNAmbani +RIL .Why Mukesh should dislike NDA & Modi ?
I am at a loss to understand why you should play second fiddle to Modiji (As Modi focuses on the poor, the rich are powerless and fearful). Rich are becoming richer while poor are turning poorer while not to speak of the so-called middle class, who are on tenterhooks sitting with their fingers crossed as to they are bogged with plethora of problems. That’s the real picture now.
Not only Delhi and Mumbai are like two different nations, many states across the country are alieniated from the capital and the PM. In my sixty years, I haven’t come across such a PM with saffronised vision only to promote the party rather than caring for the people. Never ever attempt to portray such things Guptaji. I had the highest regard when you were in Indian Express.
If Shekhar Gupta writes then don’t expect anything good about Modi and his government. He is a paid leftist and Congress’ite and his likes are trying to destabilise the country by instigating the public sitting on the fence.
Wonder why are there so many agitation all across the country? Even the Dalits are rising. They have more than what they deserve and still they revolt…… amazing.
This is the power of money which Congress (Sonia) is using against Modi. This was quite evident, as in one of the discussions on a TV channel when she outright mentioned that she has no plans to slow down against Modi and his government. She knows that if 2019 comes back to power in 2019, she and her likes will certainly be in deep trouble over National Herald, 2G, coalgate, and many more.
With all the raids….. who is most effected? Obviously the old guard who have been looting this country and the countrymen of its resources…….! Hence they are orchestrating and getting all the trouble trying to destabilise the present government.
Just analyse the whole situation with a unbiased mind and visualise what is going all around all of a sudden. How is it possible that everything is on boil in the country ……
That Gupta is a Congress sympathiser is well known. This article, biased as it is, is totally beyond my expectations in its anti-Modi tirade. Businessmen and lobbyists have been looting India for many years now. They are unable to wield as much power after Mr Modi’s arrival in the “Republic of Delhi” may or may not affect their capacity to shape policy in Delhi. Shekhar Gupta, were he to speak at a rally for Congress, would root very highly for the Dalits who were neglected only after Mr Modi’s arrival. So much hypocricy !!
I wonder if it is the GOVERNMENT’S JOB TO RID THE CORRUPTION IN PRIVATE INSTITUTIONS. If ICICI bank has not complained about he nexus between its officers and Videocon, is it the business of Finance ministry or CBI to worry? CBI has enough work within public sector and Government offices to clean up.
This is turning out to be “Maximum Government and Maximum Governance”
A very well written article.
I think Government has to make the business people more comfortable and give them good support and fearless environment.
Because big businesses give employment and revenue to government.
By supporting poor at the cost of business houses and businessmen will not help and will drive economy in further mess.
So by reviving economy by relaxing norms and removing hurdles from doing business will help government and the economy . Also poor can be well taken care of.
Poor and rich cannot be separated. Both have to be taken care of as both are dependent on each other.
This is basic. Inspector Raj and income tax raids will not help.
Poverty alleviation by 2022 only possible through Corporate equity donations /dilution to a Poverty Fund of 11crore poor families (list getting ready by 2nd Oct) and Black Money in Assets Transactions ploughed to the fund by Executive order/Government notifications, an extension of PMGKY FUND such as RGSY FUND see details on Google, search –
Jagdip Merchant
The author doesn’t understand Mumbai at all, innit? That’s to go with his utter lack of understanding of Delhi. Or Modi. Or economy. Or hardship. Or issues with the Muslim minority. Modi has helped and shielded Adani, Ambani & his other pals from Gujarat adequately. Shielded and fattened their purses, so please don’t call him the anti corruption Messiah, or pro poor. Your inability to see Mumbai beyond Peddar Road & Nariman Point stretch is the root of this misleading article. One or two conversations with Old Money don’t make a theory, so stop presuming. Modi’s neither good at regulation of the rich nor is he good at helping those he ought to be helping. Just because the script ain’t going your way, doesn’t mean you distort reality so badly. I must add to the above list – lack of understanding of capitalism. And utter lack of empathy in not understanding: everyone beyond the poor-little-rich is not the Poor, begging govt to do something for them. Indians make their own lives and destinies with hard work. This is not Delhi throwing alms. And India is not Delhi and Bombay.
Modi thought and I would by sympathetic to him for it, that the BJP could get away with raking in billions in campaign donations pre-2014 and then sell off State-owned assets as a “token of gratefulness” to his campaign donors at throwaway prices.
OR, to just make it available for them, or rip off our taxes to help Anilbhai as in the Rafale deal which he will produce at 3 times the cost previously.
The people of India, certainly a few parts of India are much more vocal about getting value for taxes. This had never been the case. And it’s a saddening comedy that Modi will now face the heat for his wretched cronyism by people who pay taxes, AND, actually care more for what is done with them!
Sure, he’s done a good deal to help the economy.
BUT, he has show tremendous interest to aid his home State at the cost of the taxes everyone pays in. The Rafale deal is a scam and now each jet would cost Rs. 1300 cr, from Rs. 400 cr previously. This, will be the taxes of the people. More importantly, SOUTHERN and WESTERN taxes who pay over 50% of the taxes, whose money is going down the drain.. as he sought to “help” Anilbhai Ambani.
Obviously, the vegetarian terrorism and “Let’s make Hindi great again” campaigns have nearly brought the nation to the point of secession!
If only, he could tone down the tyranny, and just focus on personal and economic openness — can I really laud Modi. Modi’s not the fault perhaps, but the BJP more.
Certainly, getting basic courts, police and laws to work, at the cost of being told what to eat and speak, is unacceptable.
Our states can fix our economies by ourselves were we to be a separate entity. But would not be bowing to identity dictates really.
Indians are thieves from peon to president for the last 70 years. Now they find it difficult to steal. They don’t want to pay their taxes. Hence angry with Modi. I see many educated thieves also express their disappointment with being forced to comply. Now they are willing to vote the corrupt state and central dynasties. By May 2019 situation will show Modi s win ability in spite of anti incumbency.
I see this as a tribute to this Govt. Though Gupta still tries to fault it for “over correction”! Govt has taken tough decisions st the cost of its popularity. A case in point is levying tax on gold. Did not buckle even under great pressure and shutdown by the industry.
Shekharji doesn’t show much insight, he is more an armchair thinker that an astute analytic. He is best only when he tells insider stories.
But what kind of innuendo is it:
“Second, and I say it with great care, where India’s old capitalism comes from, there isn’t much love lost for Muslims and never mind that “my best friends are Muslim”. So, can we now have a government that will be pro-business and also show the Muslims their place?” I am on this accusation of bias based on religion. Does he really speak from inside knowledge or rambling his favourite theries? At least nothing of such knowledge is there in public domain.
About the tenor of the article, less said is better. Gaffe. Modi is no angel. Lobbying doesn’t work? How do you think BJP runs all its business, more of murky business? From the salaries of Modi & Shah? Does he say that the whole lot of party hoppers came to BJP because they love the beard style of Modi & Shah? What about the tweaks that BJP introduced in political party funding rules? And Modi is pro-poor? Haha! He is just an election winning machine, ready to do, say all things if that helps in winning elections. Just a big showman who seems capable of overturning the good old saying on its head “You can’t fool all people all the time”!!
Mr Couptaji is eagerly and very much impatiently asking corporates to fund his current lies spreading journalism thru #ThePrint. But due to strict vigilance by current n odi govt, no corparates are funding him hence he is saying that current corporates are fearful. Pitty.
If the corporate India is so worried, there is a good reason. Almost every big business has borrowed crores of rupees and the government can ask them tough questions about that. To present itself as a pro poor government, it may even hurt a few businesses. The author doesn’t say anything surprising. However, I really admire him for his almost-neutral point of view on most things. He is one of the very few who avoid being foolishly serious about being liberal or conservative.
Indians know nothing of liberal or conservative. The North understands the value of the Cow and stone-worship, while the South would rather dwell time in dynastic parties wanting to set up sweat-shops in the State or some caste wars and vote-buying.
Stupid to get this in here.
This country does not deserve honest and hard working leaders who put the interest of country first. Initially (first couple of his years of his tenure) Modi was blamed as pro-corporate by the disingenuous dolt RaGa and media and commentators lapped it up. Now the likes of Shekar Gupta blame Modi to be anti-corporate. All this with no evidence in support of either! Neither the people nor the media showed half concern when successive past governments failed the people of the country since independence. The cult of Cong leaders starting from Nehru, his daughter and grandson was thrust upon the nation and it was rarely questioned. But the same country is impatient, immature and unreasonable in expecting Modi govt. to fix all malaise afflicting this country in one term. People are slinging criticism without taking practicality into consideration. There is little acknowledgement of what he has done and what he is trying to do, but there is a galore of criticism of what he hasn’t delivered or hasn’t been able to deliver. One does not know if the exceedingly high expectations people have on Modi are a sign of his stature or the unreasonableness and stupidity of our people.
Excellent comment. Well said! I wrote the same thing when people wanted Jaitley sacked a year ago and wanted Haryani “We will ban Amazon, carpet flag makers” Sushma in his place.
What a shame if the govt. goes down if people think a lawful society is too irritating.
Wow, this article presents so lopsided view of world. Really don’t understand this pain. People who had privileged access to credit, tax, policies et all now have to play fair and by the rules!!! No wonder they are against Modi and conversely Modi is so popular.
Is it the powerlessness or fearfulness that is pouring in the party finding to his party? To hide such funding making an opaque route of electoral bonds? Is it that making the assets of the rich grow at a faster pace, Increasing the inequality? is it that which taught some the art of leaving the country? Chowkidar is paid for his duty sir. Focusing on poor is what? Not explaining why one has to stay with hunger due to to his fancy thought of demonetization even after 500 days? Or for empowering with pakoda rozgar?
Shekhar Gupta’s sad story of the plea of the poor wealthy and powerful businessmen brought tears in my eyes. How will they be able to continue to rule and loot the country uninterrupted. How will they be able to run away with billions of taxpayer’s money. The demonatization and GST has affected the common man more than rich businessmen. Then why are you whining?
As a middle class citizen paying taxes honestly and not getting any benefits from goi, no change in my life despite any govt in state or centre. I need the foll answers, 1: why our taxes went up. 2: why different rules for different people eg neeshal modi son in law of ambani clan not in wanted list3: why people of likes of anil ambani get defense contracts whereas hal was created as a captive defense player by govt 4: What sambit patra n others bring to tabkd that they are made directors of Ongc n other psu? 5: how bjp benefited from demo? And host of others
We know that none of the journalists in India is neutral; every one sides with one party or the other.
The question to you is:
Should the Govt work for the corporate or for the poor? Let anything be the driving factor but due to those issues if the Govt is forced to uplift the poor then what’s the problem?
The latest ICICI issue – the entire system has been built over the years for the educated and the powerful, to cheat.
An observation: never before I have seen bureaucrats coming into media and speaking to people on the strategy and steps unlike before it was always the politicians (ex: Planning commission).
Let me tell you corporate overview on this Govt is mixed for sure but not unlike what you try to project – completely against!
Funny argument Gupta ji! The reality is that Modi knew in 2014 only that Corporate India is going to ask for return gifts once he becomes PM. Fact remains he tried but has not been able to repay. Meanwhile Modi also knows to win a re-election he needs to spend a lot on welfare schemes. That needs revenue for govt. That’s why we had demonetization which Modi believed would get his govt windfall gains of few lakh crores (as unreturned 500/1000 value notes). But the greedy experiment failed. Infact, the foolish experimented added cost to govt exchequer rather than giving govt any benefit. Next predicament, Modi was forced to bring GST to benefit formal economy at the cost of huge informal economy. Now Modi has nothing to fall back on in economic terms that’s why aggressive Hindutva card. Corporate India will try to extract more from Modi policies further & asap. Corporate must be investing on both BJP Congress for 2019 polls hoping to continue its extraction through who so ever comes to power next.
Shekhar Gupta you are an apologist for corporate India, Everything you say has to be taken with a pinch of salt.People like you are a burden the nation cannot afford.
Very skewed article and lopsided arguments. We all know how business men paid 1/10th of the taxes, if at all. Good corporates are thriving and it will be good if others align with a new normal where taxes need to be paid and loans repaid. Why blame Modi for it?
The uneducated tirade by Rag Pot accusing BJP & Modi of Suit, Boot wrote the narrativ for Modi’s first term. He has managed to keep everyone interested by investing heavily into sectors that are now ready to propel economy to next stage.
Atool must not be surprised if the country starts propelling in different directions with the intolerable tyrannies of his “make them like me” cow-worshippers in power. Mahesh Sharma as culture minister? Uttar pradesh is such an intolerable place.
Modi is friend of neither the rich nor the poor.He cares just for himself and n consolidating his power aimed at ushering in the Hindu Rashtra of his dreams as a RSS Pracharak.
As the poor, also the middle class, a little difficult to define, head to the polling booths one year from now, the one question they will be asking themselves is, How much better off am I now than in 2014 ? The answer would keep any incumbent awake at night.
India’s economic troubles, linked to the world’s, started in 2008. The immediate fiscal and monetary stimulus – one wishes it had been Mr Chidambaram, not Pranabda, in the finance ministry – staved off immediate disaster but may have done more harm than good. To that extent, the present government can claim they inherited a troubled economy, including the incipient problem of NPAs. However, four years is a long time, virtually the entire term of an incumbent. 2. For reasons that remain incomprehensible, nothing responsible, gifted, far sighted, visionay was done to restore the economy to health and higher growth. Absent that, there is no other way to sustain high popularity ratings, keep winning elections. Neither rich poor, nor Hindu Muslim will work. When a camp follower like Minhaz Merchant predicts 180, we have to sit up.
WHat a load of crap. Modi is in reliances back pocket, Modi doesn’t care about the nation or its people, he’s just filling up his wallet. Modi was the worse thing to happen to India
So you are maintaining his wallet and counting how much he received?
You are f***king annoying
If Modi has lost the opportunity, it is because he has failed to build a good team, and also bring out the most important change that was needed to build India as a progressive democracy, which is that elected members, including the PM, should be open to public questioning at periodic intervals, through press conferences and briefings. Many heads of states in some of the most progressive democracies show their dislike for the Press, but do NOT (and cannot) avoid taking direct questions from it. But by treating the Press like a pariah Modi is losing a great opportunity to leave a wonderful legacy and also to display his constructive thought process, and in the process, running the risk of alienating many segments on the electoral spectrum. It is disappointing to note Mallaya, Nirav and CBSE exam paper leaks (despite the Q&A interaction between the PM and students). Has anything changed? Even for his big fans (and that includes me), what seemed like a grand vision in the early days of this government is turning out to be narcissistic monologue, and its actions as knee-jerk impulses.
So you want useless debates to hype things. The people on the ground if they see they have been benefited they would vote for him otherwise they would vote congress. Whats a big fuss about this.
R u serious? Nirav Modi, Malya and other have flyed away from India without any fear and Malya is married again and u r saying that riches are feared and u r saying that statement. What the shit. I think u r a government’s tool
First of all you have to understand a difference between a Company and a individual. A company is represented by a board of directors and not a single individual. If a company defaults or bankrupts then there is a law that has to take its course and you cannot a attack that individual alone unless he has done some criminal activity. This is the same law across any country. And there is a extradition treaty needs to be signed with the countries they are residing to bring them out. Its not as easy as one may think on the ground.
wonderfully stated Mr Gupta.
As a huge fan of Modi and confidence he instilled when he took over as the PM, I feel bad that he is losing a huge opportunity.
A big challenge for the average citizen is who to believe. The press seems to have failed. Look at TV channels and their anchors on any political news and their individual prejudices come thru. So it is even with this write up. Conclusion..I like stories that stay with the facts and fo my own interpretation.
why to believe this or that. Just experience whether you are benefited or not. If you are not benefited then vote for Congress if you are benefited vote for BJP simple.
Modi essentially remains a friend of the rich, corrupt and self centered ones who can go to any extent to achieve their goals. So the unusually large number of businessmen leaving the country with poorman’s white money as Modi gets himself photographed abroad with the same looters. Modi can only pretend to be a friend of the poor, dalits or minorities only for the sake of votes.
How can poor man can contribute money. Then he is not poor for sure. Correct yourself first to say its the man who pay taxes. Again the people who left are willful offenders and cannot continue business as usual first and they have to fight battles. Its not kept under the carpet as it was in UPA times. it came out now and they have to face the music
karthik ji, are u servant of corporates that u need to reply critical of every comment going against them.
…….and still the poor are with him. Examples demonetization and UP state elections.
I was going through depression BUT after reading this 21st Century’s biggest ever joke, I can’t control my laughing….
if you have been in business you would have known how many raids have been happening. Even the legend Saravana Stores who have not been touched by any government got raided two weeks back by the Income tax authorities
Incorrect.
There was a bomb scare and management had to clear the shoppers without raising a panic and so they gave a plausible reason: IT Raid
This is how RUMOR MONGERS POST THE COMMENTS WITHOUT AUTHENTICATING THE FACTS.
Caption itself loudly declares the write-up being a Joke of filthy sensibilities…
Secular campaign against ‘modern Shivaji’ PM Modi is not based on facts. May it be communalism, NPAs, PNB Scam, Anti Dalit, alliance with PDP, Demonetisation, Drive against Black money, Cambridge Analytica whatever you take in the heart of the hearts all political enemies will agree that all allegations will not stand a test of scrutiny. That is why Seculars have to always invent/manufacture new issues as no allegation goes for mote than 48 hours. Even allegations go for 48 hours because Modi Government does not monitor news live and they react only after 48 hours. They also lack communication specially live feedback from knowledgeable supporters and sympathisers. Even than Seculars are not able to damage their image specially of ‘modern Shivaji’. More they attack more he shines.
Congress leadership is so weak that it is easily influences by secular media who have no understanding of India and its traditions. Otherwise Congress would not have opposed Ram Mandir & Triple Talaq. Their stand on beef and impeachment of CJI perceived as reaction to hearing on Ram Mandir in SC are also not intelligent.
Can a campaign based on lies against BJP Govt and PM Modi will succeed, only time will tell.
“SHOCK” in politics is a well worn method: Naomi Klein “The shock doctrine”
Is it really true that India’s rich are #Powerless & #Fearful ? Look at #MukeshNitaAmbani #GautamAdani & #BabaRamdev ! Often #NaMo is a #Model for #RelianceJio , approves #TaxMoratoriums for #Adanis & maintains suspicious silence for #BabaRamdev !The Trio forms the #DeFactoGoI . I fail to understand why Shekhar Gupta has to bat defensively for the corporates !
Is Shekhar Gupta ignorant about the fact that the personal wealth of #MukeshNitaAmbani increased to make him India’s #Richest (Beggar) with the stupendous #Rise in the Debt & Liabilities of #UnreliableReliance with exclusion of the Compensation of #LandLosers & #PropertyOwners cheated & deped by #MNAmbani +RIL .Why Mukesh should dislike NDA & Modi ?
I am at a loss to understand why you should play second fiddle to Modiji (As Modi focuses on the poor, the rich are powerless and fearful). Rich are becoming richer while poor are turning poorer while not to speak of the so-called middle class, who are on tenterhooks sitting with their fingers crossed as to they are bogged with plethora of problems. That’s the real picture now.
Not only Delhi and Mumbai are like two different nations, many states across the country are alieniated from the capital and the PM. In my sixty years, I haven’t come across such a PM with saffronised vision only to promote the party rather than caring for the people. Never ever attempt to portray such things Guptaji. I had the highest regard when you were in Indian Express.
If Shekhar Gupta writes then don’t expect anything good about Modi and his government. He is a paid leftist and Congress’ite and his likes are trying to destabilise the country by instigating the public sitting on the fence.
Wonder why are there so many agitation all across the country? Even the Dalits are rising. They have more than what they deserve and still they revolt…… amazing.
This is the power of money which Congress (Sonia) is using against Modi. This was quite evident, as in one of the discussions on a TV channel when she outright mentioned that she has no plans to slow down against Modi and his government. She knows that if 2019 comes back to power in 2019, she and her likes will certainly be in deep trouble over National Herald, 2G, coalgate, and many more.
With all the raids….. who is most effected? Obviously the old guard who have been looting this country and the countrymen of its resources…….! Hence they are orchestrating and getting all the trouble trying to destabilise the present government.
Just analyse the whole situation with a unbiased mind and visualise what is going all around all of a sudden. How is it possible that everything is on boil in the country ……
That Gupta is a Congress sympathiser is well known. This article, biased as it is, is totally beyond my expectations in its anti-Modi tirade. Businessmen and lobbyists have been looting India for many years now. They are unable to wield as much power after Mr Modi’s arrival in the “Republic of Delhi” may or may not affect their capacity to shape policy in Delhi. Shekhar Gupta, were he to speak at a rally for Congress, would root very highly for the Dalits who were neglected only after Mr Modi’s arrival. So much hypocricy !!
I wonder if it is the GOVERNMENT’S JOB TO RID THE CORRUPTION IN PRIVATE INSTITUTIONS. If ICICI bank has not complained about he nexus between its officers and Videocon, is it the business of Finance ministry or CBI to worry? CBI has enough work within public sector and Government offices to clean up.
This is turning out to be “Maximum Government and Maximum Governance”
A very well written article.
I think Government has to make the business people more comfortable and give them good support and fearless environment.
Because big businesses give employment and revenue to government.
By supporting poor at the cost of business houses and businessmen will not help and will drive economy in further mess.
So by reviving economy by relaxing norms and removing hurdles from doing business will help government and the economy . Also poor can be well taken care of.
Poor and rich cannot be separated. Both have to be taken care of as both are dependent on each other.
This is basic. Inspector Raj and income tax raids will not help.
Poverty alleviation by 2022 only possible through Corporate equity donations /dilution to a Poverty Fund of 11crore poor families (list getting ready by 2nd Oct) and Black Money in Assets Transactions ploughed to the fund by Executive order/Government notifications, an extension of PMGKY FUND such as RGSY FUND see details on Google, search –
Jagdip Merchant
The author doesn’t understand Mumbai at all, innit? That’s to go with his utter lack of understanding of Delhi. Or Modi. Or economy. Or hardship. Or issues with the Muslim minority. Modi has helped and shielded Adani, Ambani & his other pals from Gujarat adequately. Shielded and fattened their purses, so please don’t call him the anti corruption Messiah, or pro poor. Your inability to see Mumbai beyond Peddar Road & Nariman Point stretch is the root of this misleading article. One or two conversations with Old Money don’t make a theory, so stop presuming. Modi’s neither good at regulation of the rich nor is he good at helping those he ought to be helping. Just because the script ain’t going your way, doesn’t mean you distort reality so badly. I must add to the above list – lack of understanding of capitalism. And utter lack of empathy in not understanding: everyone beyond the poor-little-rich is not the Poor, begging govt to do something for them. Indians make their own lives and destinies with hard work. This is not Delhi throwing alms. And India is not Delhi and Bombay.
Modi thought and I would by sympathetic to him for it, that the BJP could get away with raking in billions in campaign donations pre-2014 and then sell off State-owned assets as a “token of gratefulness” to his campaign donors at throwaway prices.
OR, to just make it available for them, or rip off our taxes to help Anilbhai as in the Rafale deal which he will produce at 3 times the cost previously.
The people of India, certainly a few parts of India are much more vocal about getting value for taxes. This had never been the case. And it’s a saddening comedy that Modi will now face the heat for his wretched cronyism by people who pay taxes, AND, actually care more for what is done with them!
Sure, he’s done a good deal to help the economy.
BUT, he has show tremendous interest to aid his home State at the cost of the taxes everyone pays in. The Rafale deal is a scam and now each jet would cost Rs. 1300 cr, from Rs. 400 cr previously. This, will be the taxes of the people. More importantly, SOUTHERN and WESTERN taxes who pay over 50% of the taxes, whose money is going down the drain.. as he sought to “help” Anilbhai Ambani.
Obviously, the vegetarian terrorism and “Let’s make Hindi great again” campaigns have nearly brought the nation to the point of secession!
If only, he could tone down the tyranny, and just focus on personal and economic openness — can I really laud Modi. Modi’s not the fault perhaps, but the BJP more.
Certainly, getting basic courts, police and laws to work, at the cost of being told what to eat and speak, is unacceptable.
Our states can fix our economies by ourselves were we to be a separate entity. But would not be bowing to identity dictates really.
Indians are thieves from peon to president for the last 70 years. Now they find it difficult to steal. They don’t want to pay their taxes. Hence angry with Modi. I see many educated thieves also express their disappointment with being forced to comply. Now they are willing to vote the corrupt state and central dynasties. By May 2019 situation will show Modi s win ability in spite of anti incumbency.
I see this as a tribute to this Govt. Though Gupta still tries to fault it for “over correction”! Govt has taken tough decisions st the cost of its popularity. A case in point is levying tax on gold. Did not buckle even under great pressure and shutdown by the industry.
He is more an armchair thinker than an astute analytic.
Shekharji doesn’t show much insight, he is more an armchair thinker that an astute analytic. He is best only when he tells insider stories.
But what kind of innuendo is it:
“Second, and I say it with great care, where India’s old capitalism comes from, there isn’t much love lost for Muslims and never mind that “my best friends are Muslim”. So, can we now have a government that will be pro-business and also show the Muslims their place?” I am on this accusation of bias based on religion. Does he really speak from inside knowledge or rambling his favourite theries? At least nothing of such knowledge is there in public domain.
About the tenor of the article, less said is better. Gaffe. Modi is no angel. Lobbying doesn’t work? How do you think BJP runs all its business, more of murky business? From the salaries of Modi & Shah? Does he say that the whole lot of party hoppers came to BJP because they love the beard style of Modi & Shah? What about the tweaks that BJP introduced in political party funding rules? And Modi is pro-poor? Haha! He is just an election winning machine, ready to do, say all things if that helps in winning elections. Just a big showman who seems capable of overturning the good old saying on its head “You can’t fool all people all the time”!!
Mr Couptaji is eagerly and very much impatiently asking corporates to fund his current lies spreading journalism thru #ThePrint. But due to strict vigilance by current n odi govt, no corparates are funding him hence he is saying that current corporates are fearful. Pitty.
If the corporate India is so worried, there is a good reason. Almost every big business has borrowed crores of rupees and the government can ask them tough questions about that. To present itself as a pro poor government, it may even hurt a few businesses. The author doesn’t say anything surprising. However, I really admire him for his almost-neutral point of view on most things. He is one of the very few who avoid being foolishly serious about being liberal or conservative.
Indians know nothing of liberal or conservative. The North understands the value of the Cow and stone-worship, while the South would rather dwell time in dynastic parties wanting to set up sweat-shops in the State or some caste wars and vote-buying.
Stupid to get this in here.
This country does not deserve honest and hard working leaders who put the interest of country first. Initially (first couple of his years of his tenure) Modi was blamed as pro-corporate by the disingenuous dolt RaGa and media and commentators lapped it up. Now the likes of Shekar Gupta blame Modi to be anti-corporate. All this with no evidence in support of either! Neither the people nor the media showed half concern when successive past governments failed the people of the country since independence. The cult of Cong leaders starting from Nehru, his daughter and grandson was thrust upon the nation and it was rarely questioned. But the same country is impatient, immature and unreasonable in expecting Modi govt. to fix all malaise afflicting this country in one term. People are slinging criticism without taking practicality into consideration. There is little acknowledgement of what he has done and what he is trying to do, but there is a galore of criticism of what he hasn’t delivered or hasn’t been able to deliver. One does not know if the exceedingly high expectations people have on Modi are a sign of his stature or the unreasonableness and stupidity of our people.
Excellent comment. Well said! I wrote the same thing when people wanted Jaitley sacked a year ago and wanted Haryani “We will ban Amazon, carpet flag makers” Sushma in his place.
What a shame if the govt. goes down if people think a lawful society is too irritating.
Wow, this article presents so lopsided view of world. Really don’t understand this pain. People who had privileged access to credit, tax, policies et all now have to play fair and by the rules!!! No wonder they are against Modi and conversely Modi is so popular.
Is it the powerlessness or fearfulness that is pouring in the party finding to his party? To hide such funding making an opaque route of electoral bonds? Is it that making the assets of the rich grow at a faster pace, Increasing the inequality? is it that which taught some the art of leaving the country? Chowkidar is paid for his duty sir. Focusing on poor is what? Not explaining why one has to stay with hunger due to to his fancy thought of demonetization even after 500 days? Or for empowering with pakoda rozgar?
Excellent article
Kitne paise mile is article likhne ke bhai? Main bhi aise farzi articles likhne me mahir hu.
Pimp!
Shekhar Gupta’s sad story of the plea of the poor wealthy and powerful businessmen brought tears in my eyes. How will they be able to continue to rule and loot the country uninterrupted. How will they be able to run away with billions of taxpayer’s money. The demonatization and GST has affected the common man more than rich businessmen. Then why are you whining?
As a middle class citizen paying taxes honestly and not getting any benefits from goi, no change in my life despite any govt in state or centre. I need the foll answers, 1: why our taxes went up. 2: why different rules for different people eg neeshal modi son in law of ambani clan not in wanted list3: why people of likes of anil ambani get defense contracts whereas hal was created as a captive defense player by govt 4: What sambit patra n others bring to tabkd that they are made directors of Ongc n other psu? 5: how bjp benefited from demo? And host of others
Author is perfectly trying to instill religion card in the economy
Dear Guptaji,
We know that none of the journalists in India is neutral; every one sides with one party or the other.
The question to you is:
Should the Govt work for the corporate or for the poor? Let anything be the driving factor but due to those issues if the Govt is forced to uplift the poor then what’s the problem?
The latest ICICI issue – the entire system has been built over the years for the educated and the powerful, to cheat.
An observation: never before I have seen bureaucrats coming into media and speaking to people on the strategy and steps unlike before it was always the politicians (ex: Planning commission).
Let me tell you corporate overview on this Govt is mixed for sure but not unlike what you try to project – completely against!
Regards,
Excellent . The next Barometer is testing each other’s ground in the arena of National Elections 2019 ?
Funny argument Gupta ji! The reality is that Modi knew in 2014 only that Corporate India is going to ask for return gifts once he becomes PM. Fact remains he tried but has not been able to repay. Meanwhile Modi also knows to win a re-election he needs to spend a lot on welfare schemes. That needs revenue for govt. That’s why we had demonetization which Modi believed would get his govt windfall gains of few lakh crores (as unreturned 500/1000 value notes). But the greedy experiment failed. Infact, the foolish experimented added cost to govt exchequer rather than giving govt any benefit. Next predicament, Modi was forced to bring GST to benefit formal economy at the cost of huge informal economy. Now Modi has nothing to fall back on in economic terms that’s why aggressive Hindutva card. Corporate India will try to extract more from Modi policies further & asap. Corporate must be investing on both BJP Congress for 2019 polls hoping to continue its extraction through who so ever comes to power next.
Shekhar Gupta you are an apologist for corporate India, Everything you say has to be taken with a pinch of salt.People like you are a burden the nation cannot afford.
Sold media
Modi, working for the poor??!! What, and with whom were you drinking the previous night Shekar? He will try and take their vote and dump them.
RIGHT Modi musty start distributing free RICE BAGS then we all will be happy!
Shekhar Gupta definitely not drinking with missionaries, who are trying to save souls.
People are finally seeing the great betrayal of the Nation .
Those who cried wolf was scoffed at but now that the after wolf set about the expectant supporters they have realised .
Very skewed article and lopsided arguments. We all know how business men paid 1/10th of the taxes, if at all. Good corporates are thriving and it will be good if others align with a new normal where taxes need to be paid and loans repaid. Why blame Modi for it?
Ashok you rock!! Succinctly put.
The uneducated tirade by Rag Pot accusing BJP & Modi of Suit, Boot wrote the narrativ for Modi’s first term. He has managed to keep everyone interested by investing heavily into sectors that are now ready to propel economy to next stage.
Atool must not be surprised if the country starts propelling in different directions with the intolerable tyrannies of his “make them like me” cow-worshippers in power. Mahesh Sharma as culture minister? Uttar pradesh is such an intolerable place.
PR at its best!
Modi is friend of neither the rich nor the poor.He cares just for himself and n consolidating his power aimed at ushering in the Hindu Rashtra of his dreams as a RSS Pracharak.
As the poor, also the middle class, a little difficult to define, head to the polling booths one year from now, the one question they will be asking themselves is, How much better off am I now than in 2014 ? The answer would keep any incumbent awake at night.
India’s economic troubles, linked to the world’s, started in 2008. The immediate fiscal and monetary stimulus – one wishes it had been Mr Chidambaram, not Pranabda, in the finance ministry – staved off immediate disaster but may have done more harm than good. To that extent, the present government can claim they inherited a troubled economy, including the incipient problem of NPAs. However, four years is a long time, virtually the entire term of an incumbent. 2. For reasons that remain incomprehensible, nothing responsible, gifted, far sighted, visionay was done to restore the economy to health and higher growth. Absent that, there is no other way to sustain high popularity ratings, keep winning elections. Neither rich poor, nor Hindu Muslim will work. When a camp follower like Minhaz Merchant predicts 180, we have to sit up.
WHat a load of crap. Modi is in reliances back pocket, Modi doesn’t care about the nation or its people, he’s just filling up his wallet. Modi was the worse thing to happen to India
So you are maintaining his wallet and counting how much he received?
You are f***king annoying
If Modi has lost the opportunity, it is because he has failed to build a good team, and also bring out the most important change that was needed to build India as a progressive democracy, which is that elected members, including the PM, should be open to public questioning at periodic intervals, through press conferences and briefings. Many heads of states in some of the most progressive democracies show their dislike for the Press, but do NOT (and cannot) avoid taking direct questions from it. But by treating the Press like a pariah Modi is losing a great opportunity to leave a wonderful legacy and also to display his constructive thought process, and in the process, running the risk of alienating many segments on the electoral spectrum. It is disappointing to note Mallaya, Nirav and CBSE exam paper leaks (despite the Q&A interaction between the PM and students). Has anything changed? Even for his big fans (and that includes me), what seemed like a grand vision in the early days of this government is turning out to be narcissistic monologue, and its actions as knee-jerk impulses.
So you want useless debates to hype things. The people on the ground if they see they have been benefited they would vote for him otherwise they would vote congress. Whats a big fuss about this.
Come on!
R u serious? Nirav Modi, Malya and other have flyed away from India without any fear and Malya is married again and u r saying that riches are feared and u r saying that statement. What the shit. I think u r a government’s tool
First of all you have to understand a difference between a Company and a individual. A company is represented by a board of directors and not a single individual. If a company defaults or bankrupts then there is a law that has to take its course and you cannot a attack that individual alone unless he has done some criminal activity. This is the same law across any country. And there is a extradition treaty needs to be signed with the countries they are residing to bring them out. Its not as easy as one may think on the ground.
wonderfully stated Mr Gupta.
As a huge fan of Modi and confidence he instilled when he took over as the PM, I feel bad that he is losing a huge opportunity.
A big challenge for the average citizen is who to believe. The press seems to have failed. Look at TV channels and their anchors on any political news and their individual prejudices come thru. So it is even with this write up. Conclusion..I like stories that stay with the facts and fo my own interpretation.
why to believe this or that. Just experience whether you are benefited or not. If you are not benefited then vote for Congress if you are benefited vote for BJP simple.
Modi essentially remains a friend of the rich, corrupt and self centered ones who can go to any extent to achieve their goals. So the unusually large number of businessmen leaving the country with poorman’s white money as Modi gets himself photographed abroad with the same looters. Modi can only pretend to be a friend of the poor, dalits or minorities only for the sake of votes.
How can poor man can contribute money. Then he is not poor for sure. Correct yourself first to say its the man who pay taxes. Again the people who left are willful offenders and cannot continue business as usual first and they have to fight battles. Its not kept under the carpet as it was in UPA times. it came out now and they have to face the music
karthik ji, are u servant of corporates that u need to reply critical of every comment going against them.
…….and still the poor are with him. Examples demonetization and UP state elections.
I was going through depression BUT after reading this 21st Century’s biggest ever joke, I can’t control my laughing….
if you have been in business you would have known how many raids have been happening. Even the legend Saravana Stores who have not been touched by any government got raided two weeks back by the Income tax authorities
Incorrect.
There was a bomb scare and management had to clear the shoppers without raising a panic and so they gave a plausible reason: IT Raid
This is how RUMOR MONGERS POST THE COMMENTS WITHOUT AUTHENTICATING THE FACTS.