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Raju
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Comments by "Raju" (@rajx7120) on "Falling FDI, bolting FPIs u0026 declining reserves as rupee weakens: 3 big economic challenges in 2025" video.
In India, cities are taxed to fund subsidies for rural areas. How do you expect to have even 1 Singapore? We need to implement farm reforms and labour reforms, so that the rural and small towns don't depend on city taxes. Only then city taxes will be used for city's infrastructure.
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She was absolutely right at that time. When US Fed hiked interest rates, money flowed out of all other economies, into the US dollar assets. That caused sellof of Rupee and buying of dollars. That's called dollar strengthening. There is a thing called dollar index. It is at 109. Anything above 100 is strong.
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Wah Rahulji Wah! For stopping every reform. Economy was never great even in UPA era. Modi kept it running is a miracle, after inheriting the NPA mess infrastructure delays and MNREGA leakages from UPA.
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Reforms, Reforms, Reforms. People oppose them for variety of excuses and then cry that economy isn't growing or food prices are fluctuating. Reforms should have been activated in 2021 itself. But here we are ! Edit:- my replies below getting hidden by YouTube.
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This "easy money" will not help, unless structural reforms are done. Without liberalization, excess money chasing fewer goods only causes inflation. Get out of your lazy Keynesianism.
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@bidyutbikashsaikia1140 Even without MNREGA, Vajpayee employed people in infrastructure like Golden Quadrilateral. MNREGA only gave impression of doing something. Even now, majority of the jobs in MNREGA are coming from govt infra projects like Nal se Jal Yojana, apart from highway construction work. You can't promise jobs, without actually creating them.
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Absolutely!
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@kushagravlogs5627 Bad ideas are hard to undo in this country. We end up having to do workarounds. MNREGA gets undue credit. Jobs were actually created by Gati Shakti plan. Jobs are not magically created, by simply giving a guarantee.
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@DataCrusade1999 I am talking logic. You are doing blame game. Your blame game never helped anyone.
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@bidyutbikashsaikia1140 You are factually correct. So, did you ever question Rahul? Rahul says anything without accountability, because he is not in power. Start questioning him for a change. I used to support Manmohan Singh too. This Gandhi family turned him into a zombie. Congress also had farm laws in their 2019 manifesto, and did U turn when Modi tried to implement it. Focus on supporting policies for a change. If we just take sides on politicians, then policies get delayed and we are just left with blame game. Rt now, it is BJP trying to bring reforms. So, I support them. If Congress dumps Rahul, and supports reforms, then I will support them too.
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@bidyutbikashsaikia1140 No. Your mind is enslaved. If you can't appreciate the good and understand what's bad. I pity ppl like u, who will support/blame one guy today, and then next guy tomorrow. Because you never supported what's right. You like suffering and blaming. But don't want solutions.
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@MahboobIslam 11 years mein bahut kiya hai. Congress ne 10 years mein damage kiya. BJP repaired every damage, and has been lauded by even World Bank and mant achievements acknowledged by New York Times. Whereas, Manmohan Singh was bashed by Economist as the reluctant reformer.
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@MahboobIslam Andh chamcha don't understand the damage to the banking system caused by UPA ignoring the NPAs that started in 2008. For 6 yrs, they ignored the problem. BJP repaired the damage.
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@bidyutbikashsaikia1140 Yes indeed. I have listed everyone of them. What did Manmohan Singh do in his 10 years? Stop having blind hatred !
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Which govt? AAP or Congress? They are king if freebies. Stop Misleading. You never appreciated infra spending. Stop crying fake tears, you hypocrite.
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@mg.f.9023 Or priority on caste census. Fake narrative over Farm reforms. State govt opposition over Labour reforms. Hurdles in land acquisition. Bankrupting electricity discoms, to provide freebies to farmers, and cross-subsidy borne by industry! The list of socialist hangover goes on! What use is skill development, when jobs can't be created due to restrictive labour laws that are still in force ? Health infrastructure has only improved. Total medical college seats doubled from 50K to 1 lakh in last 10 years.
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@BharatThatIsIndia Notebandi is old news. 8 years ago. We already recovered from that long back. What about NPAs gifted by UPA? Even Raghuram Rajan has acknowledged UPA's failure on that. He only put banks on a lending moratorium that caused a slowdown.
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@mg.f.9023 What about fake narrative over farm laws. Opposition to labour laws and land acquisition laws? Cross-subsidy of free electricity to farmers, being borne by industry? These hurt industry.
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@BharatThatIsIndia We were never growing under peak NPA times. GDP growth rate had dipped from 2012 onwards. NPA effect already started showing. Then NPAs were revealed in 2015 and banks put on PCA, and slowdown became even more. Growth recovered after NPAs came down, in post-2021 era.
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@BharatThatIsIndia After Notebandi in 2016, there was an ILFS crash, remember? Infra projects from UPA era, that were stalled, resulted in 91000 crore hole in ILFS balance sheet. It wrecked NBFCs and affected auto sector on the demand side.
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@BharatThatIsIndia If farm laws had been implemented, then export bans would not have happened. Export ban was done to prevent inflation of wheat and rice due to stoppage of Ukrainian wheat. To protect consumers. Yes, Modi believed in farm laws. But did critics like you, ever did? I don't think so. You were siding with fake farmers, then.
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@mg.f.9023 Yes. R&D in India has indeed increased. But China has grown faster. No doubt about that. What's the problem with that?
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@BharatThatIsIndia I read . You are principally wrong.
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@BharatThatIsIndia Crony License Raj kya Modi ne start kiya tha? Kya Modi ke wajah se small farmer ko mandi mein loota ja rha hai? Kya Modi ke wajah se labour laws itne anti-business hain? Kya Modi ke freebies ke wajah se, cost of electricity to industry itna high hai? Your group only peddles khatakhat khatakhat and no reforms.
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@SuperCanonX2 And did you support BJP, when they attempted the reforms, and Congress blocked that, and spread misinformation?
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@SuperCanonX2 Good. But I don't see any alternative. Even I am frustrated. But I don't expect anything from the opposition. And we educated taxpayers have to ask for reforms. Otherwise, populism would win.
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@BharatThatIsIndia Don't put words in my mouth. It's not about liking one leader. It's about supporting good policies. And if only one leader offers that, then sadly I have just 1 choice. Democracy doesn't mean support populist destructive economic policies.
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@BharatThatIsIndia Can u mention 1 reform that Congress did? With great effort they sold Scooters India. Apart from Air India, LIC stake was sold as an IPO. Corporatisation of Ordnance Factory Board was implemented. HAL was listed on the stock market, and that improved it's profitability. Mining reforms increased the output of Coal India. Can u ever expect Congress to announce a National Monetization Pipeline? 3.85 lakh crore have been raised from this, under Modi govt. Rahul Gandhi just spreads canards all the time. Fact is you oppose reforms, and then say - oh, BJP is not doing it. BJP has done a lot, that you will not acknowledge. Be honest. You never supported any reforms. You just shed crocodile tears. Because you want to support vested interests that benefit from the status quo.
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@BharatThatIsIndia Can u mention 1 reform that Congress did? With great effort they sold Scooters India. Apart from Air India, LIC stake was sold as an IPO. Corporatisation of Ordnance Factory Board was implemented. HAL was listed on the stock market, and that improved it's profitability. Mining reforms increased the output of Coal India. Can u ever expect Congress to announce a National Monetization Pipeline? 3.85 lakh crore have been raised from this, under Modi govt. Rahul Gandhi just spreads canards all the time. Fact is you oppose reforms, and then say - oh, BJP is not doing it. BJP has done a lot, that you will not acknowledge. Be honest. You never supported any reforms. You just shed crocodile tears. Because you want to support vested interests that benefit from the status quo.
1
@BharatThatIsIndia I don't support Notebandi. But it was not responsible for the slowdown. Congress got a nice excuse to divert from the NPA mess. No jobs. Govt can't create jobs. But when banks are in a mess, private sector can't get credit to expand and create jobs. Manipur, is a long-standing tribal problem that BJP didn't understand. Ine can blame them for their ignorance but they didn't create the problem.
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@BharatThatIsIndia When you have no logical answer, laughter is your last recourse, to hide your hypocrisy.
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@MahboobIslam Rupee hamesha girega because we are developing country. But the rate of fall was faster during UPA. Abhi girne ka kaaran is US mein high interest rates. Every currency is falling. But INR has fallen the slowest.
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@MahboobIslam All the debt increased after 2020 pandemic, and this is true for every country, not just India. But only India saw a positive economic growth among G-20 countries.
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@BharatThatIsIndia I am not BJP party worker. You are are also free to Google. In fact, most reforms of BJP, that I wrote was covered in ThePrint. And you didn't answer my question on what reform did Congress do.
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@BharatThatIsIndia Haan dollar UPA ke time pe bhi majboot hota tha. But as I also said inflation was higher then, and we didn't have assets like infrastructure getting created. That also counts. And no calamities like pandemic back then, causing more borrowing.
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@MahboobIslam rupee girne ke saath, us waqt inflation 10% tha. Abhi inflation 5%. So, that's the difference.
1
@BharatThatIsIndia Jitni baar bhi padhoon, the meaning is same. You advocate easy cash. Easy cash is bad. Reasons for slowdown are what I mentioned previously, and you ignore i.e. problems inherited from UPA. If you want to simplistically blame Modi govt only, and ignore the inherited problems, then the problem is not with my reading. It is with you. Even Raghuram Rajan has accepted that UPA created the NPA mess. Atleast, now you wake up.
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@BharatThatIsIndia Get over demonetization. Der is no impact of that. Last 5 years, we actually had good economic growth, one of the few in the whole world, despite pandemic and wars.
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@BharatThatIsIndia Changa toh kabhi kuch tha nhi. Ek party problem create karti hai, dusri solve karne mein saara time laga deti hai. Phir tum jaise log aa jate ho, drama karne ki, hum wahin ke wahi hai, aur us party ko waapas laane ki baat karte ho, jisne problem create ki. This discussion is getting meaningless fast.
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@BharatThatIsIndia Dhanyawad!
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The emphasis on reforms has been totally missed by many here. Opponents are content in misleading and diversions, and then crying fake tears to maintain the status quo.
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