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Raju
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Comments by "Raju" (@rajx7120) on "'India failed to generate reforms needed for growth’, says former RBI Governor Raghuram Rajan" video.
@yusufz1987 Indian economy suffered due to NPAs caused by UPA's evergreening of loans that broke lending to businesses. In last 2 years, Nirmala Sitharaman has taken many measures to reduce NPAs. Also, our govt was prudent with less fiscal stimulus during pandemic. That's why our inflation is less than many developed countries, which printed lot of money as stimulus. In fact, whatever inflation we have, is because of the effect of inflation from America. When America prints money, rest of the world gets inflation.
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He was too strict with banks due to NPAs. His AQR of banks was good, but stopped growth. The NPAs were due to the UPA's crony capitalism.
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Don't blame America. IMF chief Gita Gopinath appreciated Modi's policies. Rajan is a liar. He deliberately misleads public against Modi, because he has political ambitions. Rajan's own student KV Subramanian, was chuef economic advisor to Modi in many of the reforms like bank privatization, and labour reforms. Nobody has problem. Only Raghuram Rajan has.
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@vikramkrishnan6414 GST was a free trade agreement with ourselves. In the words of Sanjeev Sanyal.
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@BharatThatIsIndia Main GDP dekh raha babua. Aap ko lagta hai, sab demonetisation ki galti hai. Demonetisation ke alawa jo hua, uska dhyaan hai aapko? 2018 se pehle GDP girne ki wajah hai - NPAs aur ILFS crash. UPA sarkar mein, banks loan ko evergreen karte rahe, jisse bank ka paisa atak gaya aur naye businesses ko loan nhi mil paye. Aur ILFS naam ki company ka 91000 crore ka loan tha, kyinki UPA ki infrastructure projects kabhi complete hote nahi the. 2020-21 se NPA kam hone lage, kyonki "bad bank" ke zariye loan recovery hone laga. Aur India ka GDP, duniya mein sabse pehle rebound hua. Jiska matlab hamari economy andar se mazbut hai. Sab temporary shock the.
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@sourabhthakur6064 you are confusing terms and calling others andha. Free market and free trade agreements, are related but two different things. Having free in the name doesn't mean, they are exact same thing. Yes, BJP stopped the RCEP FTA with ASEAN, because that would have benefited China only. Our own industries would have been wiped out. But Free market within India, is helpful, by increasing internal trade. It makes us internally strong. First understand the things, before randomly commenting. I don't even want to call dumbis like you bhakt.
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@hemantsarthak Rupee toh girta rahega. Kyonki humhare desh mein itne subsidy hain ki govt ko note chaapna padta hai. Jisse inflation hota hai. Uppar se school education badane ke jagah, hum reservations badate hain. Reservation waalon ki productivity low hoti hai. Aur jab productivity low hoti hai, toh currency girta hai !
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If they implement Old Pension Scheme, then your state will be Beda Garak !
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