Comments by "suraj s" (@surajs5913) on "'In our 3rd term, India will be among the top 3 economies in the world', says PM Modi" video.

  1. Indian economy suffered ballooning of NPA during UPA rule and the blame for the same has been put squarely on p chidambaram for making public sector banks give out bad loans to people close to the govt. Meanwhile during the same period befroe 2014 what was the manufacturing exports of India and what are the manufacturing exports now? What was the income tax collection then, what is it now? What was the ease of doing business then and what is it now? What was the ease of access to credit before 2014 and what is the same now? What was the level of financial inclusion then and what is it now? What was the level of formalisation of the economy before 2014 and what is it now? Policies like notebandi deserve to be criticised and that is why the economy was not the selling point of bjp in 2019. But despite that the structural reforms taken from 2014 are showing effects now in Indian economy where while the whole world is reeling from inflation, recession , uncertainity on food and energy, conflict and geopolitical maneuvering, Indian macroeconomic fundamentals have ensured that Indias groth remains at 7% despite these global challenges, boosted by domestic consumption and good international relations. If you want to criticise modi based on valid reasons, atleast be impartial enough to praise him based on available data as well...
    7
  2. Sure, lets talk facts ignoring all of modis rhetoric. What was the level of financial inclusion improvements done under modi? What about the ease of access to credit for personal reasons or for basic needs like building a house? What about the reduction of multidimensional poverty and improvement in HDI acheived by providing access to potable water and affordable sanitation? Why is it that India alone acheiced a healthy growth despite global fear of slowdown and recession following the pandemic during a ongoing conflict in ukraine? What did India do that it could recover much better from the pandemic than europe, usa or china? Would you like to discuss those things or would you just like to continue to compare stats from today with stats from a much easier time where there was no major global conflict or fears of global recession?
    2
  3. Also tell me what is more important? Ensuring that every Indian escapes multidimensional poverty and eventually escapes poverty entirely? Or ensuring that the income inequality is managed by making even the rich people poor? After all, that is the only solution offerred so far by people like you - to drag the rich down so that everyone can be equally poor like we were under nehruvian socialism...
    2
  4. ​ @studytime2570 if you want to account for inflation then use stats in gdp in per capita in purchasing power parity (ppp) terms to assess if Indians can buy more with the rupee in 2023 than in 2014...
    1
  5. ​​ @gaosunibu so you have already concluded what type of person I am and hence deemed me unworthy by your intellectual standards. Sounds like you are running away from a discuasion. I dont care for performance and i remember the propaganda of 100 smart cities and various other unacheivable things said by modi to come to power. Irrespective of that, the fact of the matter is that modi govt acheived unimaginable levels of financial inclusion , access to credit and formalisation of the economy that was never promised by them - because promising to open bank accounts for everyone doesnt win you elections... Certainly the economy grows if you dont mess with it. The credit of that does go to the finance minister manmohan singh for the LPG reforms of 1991 just as the blame for balooning NPAs go to finance minister p chidambaram.... But for an economy to grow when there is a global slowdown and fear of recession caused by a global catastrophy like the covid 19 pademic required careful management of Indias macroeconomics. But i guess even acknowledging that fact is impossible for you, you would rather brand me withbone tag or the other and avoid any discussion entirely....
    1