surajmal Posted September 30, 2017 Share Posted September 30, 2017 1 hour ago, Singh bling said: From 2011-14 the world economy was in bad shape , 2014 - 17 world economy improved .And who told you blac money is curbed. 1) Has Govt officials stopped taking bribe? 2)is there any jump in EODB( ease of doingg business) Consult a dictionary. Quote Go to buy property and still you need to pay in white and black Too much hassle now. Quote From past 6 months I am doing renovation and I had seen so many depressed shopkeepers , Labour rate at present is going downward and you people are just saying same thing , just wait future is great If reforms were easy, every country third world crapper would be industrializing. Link to comment Share on other sites More sharing options...
Singh bling Posted September 30, 2017 Share Posted September 30, 2017 37 minutes ago, surajmal said: Consult a dictionary. Too much hassle now. If reforms were easy, every country third world crapper would be industrializing. Stop giving name of economic stupidies as reforms.Economists are very much clear on this that India needs big labour law reforms , other Ease of doing business reforms Here is article supporting Modi but still it accepted that Once DeMo or GST were brought in, MSMEs lost their tax-arbitrage-driven USP. The only way to fix this was to raise their efficiency —that requires big reforms in labour rules, tax policies … what are called ease-of-doing-business (EoDB) rules Modi’s failure is that he felt EoDB had been fixed and was unwilling to accept any criticism of this. http://www.financialexpress.com/opinion/by-following-up-demonetisation-with-gst-did-pm-narendra-modi-kill-the-economy-here-is-what-you-really-must-know/867027/ Link to comment Share on other sites More sharing options...
surajmal Posted October 1, 2017 Share Posted October 1, 2017 13 hours ago, Singh bling said: Stop giving name of economic stupidies as reforms.Economists are very much clear on this that India needs big labour law reforms , other Ease of doing business reforms Here is article supporting Modi but still it accepted that Once DeMo or GST were brought in, MSMEs lost their tax-arbitrage-driven USP. The only way to fix this was to raise their efficiency —that requires big reforms in labour rules, tax policies … what are called ease-of-doing-business (EoDB) rules Modi’s failure is that he felt EoDB had been fixed and was unwilling to accept any criticism of this. http://www.financialexpress.com/opinion/by-following-up-demonetisation-with-gst-did-pm-narendra-modi-kill-the-economy-here-is-what-you-really-must-know/867027/ If opposition hadn't scuttled the land reform bill (labour reform was the next big one in the pipeline, which got postponed as a result), Things would have been moving much more smoothly now. Blame the opposition. Link to comment Share on other sites More sharing options...
ravishingravi Posted October 1, 2017 Share Posted October 1, 2017 Yashwant Sinha is a bitter man. He says what he says with great deal of resentment. But he is not entirely wrong. Link to comment Share on other sites More sharing options...
mishra Posted October 1, 2017 Share Posted October 1, 2017 Vow my post deleted. Any reason? Genuine one Link to comment Share on other sites More sharing options...
surajmal Posted October 1, 2017 Share Posted October 1, 2017 29 minutes ago, mishra said: Vow my post deleted. Any reason? Genuine one We have a fascist moderator. Link to comment Share on other sites More sharing options...
kubrickian Posted October 1, 2017 Share Posted October 1, 2017 (edited) On 9/29/2017 at 3:37 AM, zen said: China GDP per capita $8000. Growth rate 7%. GDP per capita increase $560 Ind GDP per capita $1700. To add $560 per capita (same as China), it needs to grow at roughly 33% 5% growth adds $85 per capita. 8% growth adds $130 odd per capita Switzerland's GDP per capita is approx. $80000. Even if it grows at 1%, it would add $800 per capita China is a monster(in terms of growth). I dont think there has been any country in history which has such a huge population and yet grown as rapidly as China and managed to lift standard of living of majority of its population within such a short time. Hats off to Chinese leaders(and Chinese people in general) for pulling off this miracle. Edited October 1, 2017 by kubrickian zen 1 Link to comment Share on other sites More sharing options...
randomGuy Posted October 1, 2017 Share Posted October 1, 2017 On 28/09/2017 at 3:53 AM, cowboysfan said: can we actually see some facts ? how is the economy growing and i dont want the Modi Govt figures. Car sales, 2 wheeler sales, e-commerce sales, smartphones sales , tax collections - everything is growing very strongly. Very easy to verify as well. Link to comment Share on other sites More sharing options...
kubrickian Posted October 1, 2017 Share Posted October 1, 2017 1 hour ago, randomGuy said: Car sales, 2 wheeler sales, e-commerce sales, smartphones sales , tax collections - everything is growing very strongly. Very easy to verify as well. Even if this were true, its valid for a small percentage of India's population. Majority of India still lives in villages and small towns(whose voices dont get heard because they dont have education or access to social media) and they will have a different story to tell. Link to comment Share on other sites More sharing options...
randomGuy Posted October 2, 2017 Share Posted October 2, 2017 (edited) 7 hours ago, kubrickian said: Even if this were true, its valid for a small percentage of India's population. Majority of India still lives in villages and small towns(whose voices dont get heard because they dont have education or access to social media) and they will have a different story to tell. Everything except cars sells in small town n villages as well...for ex. For a population of 125 cr and taking avg. family size of 5 people, taking 1 two-wheeler per family every 15 yrs (let's say 15 yrs is the life of a 2 wheeler)....How many 2 wheeler would be sold per year? 125/(5*15) = 1.67 crore every year.... Guess what...Already more 2 wheelers are being sold every year in india Edited October 2, 2017 by randomGuy Link to comment Share on other sites More sharing options...
surajmal Posted October 2, 2017 Share Posted October 2, 2017 Recent consumer numbers suggest the worst is behind us. Ofcourse, the wailing on economy will continue until gujarat elections are over (since secular/intolerance/beef chutiyapa would have got not play) Link to comment Share on other sites More sharing options...
Singh bling Posted October 2, 2017 Share Posted October 2, 2017 On 10/1/2017 at 2:51 PM, surajmal said: If opposition hadn't scuttled the land reform bill (labour reform was the next big one in the pipeline, which got postponed as a result), Things would have been moving much more smoothly now. Blame the opposition. BJP too opposed GST when they were in opposition,Several other reforms were opposed .This is democracy , opposition always oppose for the sake of opposition Link to comment Share on other sites More sharing options...
Singh bling Posted October 2, 2017 Share Posted October 2, 2017 Demonetisation, GST hit electronics, automobile sector http://www.freepressjournal.in/bhopal/demonetisation-gst-hit-electronics-automobile-sector/1146267 Link to comment Share on other sites More sharing options...
rkt.india Posted October 3, 2017 Share Posted October 3, 2017 13 hours ago, Singh bling said: BJP too opposed GST when they were in opposition,Several other reforms were opposed .This is democracy , opposition always oppose for the sake of opposition BJP had a reason to oppose. BJP came into power and sorted out those issues. Tell me why even congress-led states also opposed GST at that time and they agreed once BJP brought a reformed version? Link to comment Share on other sites More sharing options...
G_B_ Posted October 3, 2017 Share Posted October 3, 2017 Manufacturing PMI 51.2 second month of expansion....Positive news. Lets wait for the services PMI. As i said, expect economy to get back to firing on all cylinders in the October-November-December quarter. Link to comment Share on other sites More sharing options...
Recommended Posts