Comments by "Raju" (@rajx7120) on "‘Trying to undo the faulty belief that India has missed the manufacturing bus’,says Dr Shamika Ravi" video.

What is the point when, govt school teachers oppose digital attendance, and supported by opposition? Teacher absenteeism is big issue. Merely, spending more money, and showing school buildings doesn't increase education.
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Gandhi family destroyed manufacturing by allowing Chinese imports during UPA era. So, many factories around Delhi had to shutdown. It was Pranab Mukherjee's retrospective taxation, that caused Nokia and Cairns energy to leave India, and bankrupted Vodafone. Modi's PLI scheme has revived manufacturing in strategic areas like Pharma API, and also electronics.
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@counterpoint9260 It's not that govt doesn't have money to pay salaries. But spending itself is shifted to buying advanced modern equipment, because that is the need of the hour. So, money has to be saved somewhere.
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Savings rate and absolute savings are different. Percentage can be of a bigger total too. So, if people are spending more on other items, then percentage on food will come down.
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@xxyz2023 Where is your data to support the claims? Shamika Ravi speaks on data. The word majority itself is vague. Fact is, economy is still growing at 7%, as before. And population has stagnated. Effects of pandemic are wearing off. And things vary from state to state. The 5kg free ration scheme given as poll freebie in North India, has reduced food expenses actually.
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@counterpoint9260 When enterpreneurs fail, they file for bankruptcy. Skill in running a business is also needed. Vocational training is imparted for that.
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@counterpoint9260 freebie I agree. Loan write-off is not same waiver. You are either misinformed or doing propaganda. No corporate got money in loan write-off. Banks got money to keep functioning. Loan recovery continues under IBC. And Adani and Ambani did not have any bad loans.
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