Exports take a beating under Modi

[Guynextdoor2]

LOL. I am not here to convince you. I am hear to speak facts.

You are free to bad mouth modi and speculate doom. What ever floats your boat.

IF you have anything FACTUAL and of value to say, say it. I am not interested in your opinions.

You mean article by major economist is not factual and post by random troll is factual?

 

[uparyupari]

You mean article by major economist is not factual and post by random troll is factual?

And I have replied to it. Anything else ?

 

[ranjeet]

You mean BJP actually allowed the stroes to operate longer ?

No I mean people punish those who curtailed their right to drink not the ones who continue it.

 

[IndoCarib]

Hannover Fair likely to give strong push to PM Modi's pet Make in India scheme - The Economic Times

 

[East or West India Best]

There you go. See we have the most competent and scam less govt since independence


Government unveils new foreign trade policy; aims to raise exports to $900 billion by 2020 - The Economic Times

Why not 1$ trillion?

 

[KIND]

Even after pointing out the article in ecomonic times if people ignore the steps taken by govt then I have nothing to say. I am proud of the current IN Govt. And mostly relieved that Mr Modi is there. He is hard working and honest.Its really good to criticize. But if you overlook the good work or remedial steps taken and criticize just for the sake of it then that would be unfair sir.

Why not 1$ trillion?

Its an estimate ..But what the heck all Indians will be proud to see our country reach new heights.

 

[East or West India Best]

Even after pointing out the article in ecomonic times if people ignore the steps taken by govt then I have nothing to say. I am proud of the current IN Govt. And mostly relieved that Mr Modi is there. He is hard working and honest.Its really good to criticize. But if you overlook the good work or remedial steps taken and criticize just for the sake of it then that would be unfair sir.




Its an estimate ..But what the heck all Indians will be proud to see our country reach new heights.

See that's the problem. Indians have never seen a hard worker in their lives so when faced with one, they become confused, angry, and super skeptical of that person.

 

[Guynextdoor2]

Even after pointing out the article in ecomonic times if people ignore the steps taken by govt then I have nothing to say. I am proud of the current IN Govt. And mostly relieved that Mr Modi is there. He is hard working and honest.Its really good to criticize. But if you overlook the good work or remedial steps taken and criticize just for the sake of it then that would be unfair sir.




Its an estimate ..But what the heck all Indians will be proud to see our country reach new heights.

The ground reality is that while a lot of TALK has been there for one year, the actual work on ground has been zilch. Now if wishes were horses, you really could ride them, but no. There are several terms to refer to this Kahawabi Pulao, Jalebi, Pot etc. And this is a known habit of Modi- 1 Trillion here, 20 trillion there etc.in the end there is thainga inside the pocket.

Hannover Fair likely to give strong push to PM Modi's pet Make in India scheme - The Economic Times

Hmmm....we just lost $50 Billion this year, and your talking about going to a 'fair'.

 

[KIND]

The ground reality is that while a lot of TALK has been there for one year, the actual work on ground has been zilch. Now if wishes were horses, you really could ride them, but no. There are several terms to refer to this Kahawabi Pulao, Jalebi, Pot etc. And this is a known habit of Modi- 1 Trillion here, 20 trillion there etc.in the end there is thainga inside the pocket.



Hmmm....we just lost $50 Billion this year, and your talking about going to a 'fair'.

Sir, I just mentioned the step taken to take charge of the situation. I would appreciate at least the intention and the desire to change things. NDA- II is not your average status quo govt. Sure no result in that front but if you follow the econonic section in this forum, you will find many hard numbers. Specially you will appreciate recently hugely successful coal and spectrum auction.

 

[by78]

cheaper rupee because of lower oil prices don't compensate for incompetent management of economy. Aur karo time waste, Ghar Wapsi, National Cow Sluaghter Bill, Abolition of UGC by illiterate HRD Minister (yeah she's trying to do that) etc. Meanwhile economy ka satyanaash.

First major shocker for Modi Sarkar: Exports are down - Rediff.com Business


Exports in the first 11 months of 2014-15 were estimated to be $284 billion, a decline over the same period of the previous year.
Failing a dramatic surge during March 2015, exports during the full year that ended on Tuesday will be below the $314 billion clocked in 2013-14.
This will probably be the first macroeconomic indicator to give no comfort to the government led by Narendra Modi.
Whatever may be the actual reason -- driven by methodological changes in computing growth or by real economic revival -- the Indian economy in 2014-15 is expected to grow by 7.4 per cent, up from 6.9 per cent in 2013-14.
Inflation, based both on wholesale and retail prices, has seen a steady decline.
So has the current account deficit, which is now much more benign than what it was a year ago.
The Modi government has taken full credit for all these numbers.
Now that exports for the full year should show either a fall or at best a marginal rise, the Modi government should not hesitate from taking the blame for the poor performance on the exports front.
Remember that in the 10 years of the United Progressive Alliance government, exports fell only in two years -- by 3.5 per cent in 2009-10 in the wake of the global financial crisis, and by 1.82 per cent in 2012-13.
In all other years under the UPA regime, export growth was in double digits (between 14 and 40 per cent) except for 2013-14 when it fell to around five per cent.
Compared with that, the Modi government has started its innings with a drop in exports!
Failure to allow the much-needed depreciation in the Indian rupee is certainly an important factor contributing to India’s poor exports performance.
A steady drop in the value of the Indian rupee against the dollar would, therefore, go a long way in boosting the country’s exports.
But that alone may not be enough.
A close look at the foreign trade data for the last decade will reveal problematic trends arising out of significant structural changes in the exports sector.
Even as Commerce Minister Nirmala Sitharaman presents her first five-year trade policy with a view to boosting exports, she would do well to understand the implications of such trends and direct her policy to address them.
The big change in India’s exports sector in the last 10 years is its composition.
The share of petroleum products in total exports in 2004-05 was only about eight per cent.
In 2014-15, petroleum products will account for over 20 per cent of India’s total exports. The change is largely attributed to the commissioning of huge crude oil refining capacities in the country by both private and public sector players.
But the implications of one-fifth of the country’s exports coming from petroleum products cannot be underestimated.

Don't worry. Modi will order the Statistics Ministry to re-calculate trade figures using Vedic mathematics, and the result will be that exports grew 20%.

 

[KIND]

Don't worry. Modi will order the Statistics Ministry to re-calculate trade figures using Vedic mathematics, and the result will be that exports grew 20%.

Sir, if you had some meaning full info to contribute then please join us. Please do not patronize. If you had idea about gdp calculation you would have raised your voices when all the other countries in the world changes the base year for up to date calculation.

 

[Guynextdoor2]

Sir, I just mentioned the step taken to take charge of the situation. I would appreciate at least the intention and the desire to change things. NDA- II is not your average status quo govt. Sure no result in that front but if you follow the econonic section in this forum, you will find many hard numbers. Specially you will appreciate recently hugely successful coal and spectrum auction.

What steps taken? He has done one thing on ground. But always comes up with big announcements and press conferences. And what 'intention'? Everyone has 'intentions', including UPA, which actually talked a lot less than Modi for sure and at least tried to push something out.

 

[KIND]

What steps taken? He has done one thing on ground. But always comes up with big announcements and press conferences. And what 'intention'? Everyone has 'intentions', including UPA, which actually talked a lot less than Modi for sure and at least tried to push something out.

The less we talk about UPA is better. If UPA had intentions then what is this ?


Coal Auction crosses Rs 1.93 Lakh Crore: Shining example of Narendra Modi's policy driven governance for developing graft free and transparent system | Latest News & Gossip on Popular Trends at India.com

 

[Guynextdoor2]

The less we talk about UPA is better. If UPA had intentions then what is this ?


Coal Auction crosses Rs 1.93 Lakh Crore: Shining example of Narendra Modi's policy driven governance for developing graft free and transparent system | Latest News & Gossip on Popular Trends at India.com

Obviously Bhakt doesn't understand that 2 lakh crore will be paid by the common man only. BJP (false) claims that 1 in 10 Indians is a member...I know for sure that at least one in 10 people are morons. Hence proved.

 

[KIND]

Obviously Bhakt doesn't understand that 2 lakh crore will be paid by the common man only. BJP (false) claims that 1 in 10 Indians is a member...I know for sure that at least one in 10 people are morons. Hence proved.

Well no need for name calling. About the point you raised , the cost will be passed on to consumer------here is a great read for you The fuss over spectrum auctions - Livemint