What's new

Narendra Modi is damaging India’s economy as well as its democracy-the Economist

Both of you are right.
Modi has changed the way subsidies are handed out in rural India. It has largely eliminated the pilferation that used to occur in the supply chain and caste based discrimination with only voting blocks getting benefits has also been done away with. Full marks to him there. Even getting e governance and reducing red tape deserves credit.

But the economy is in doldrums. There is no business except entertainment which isn't feeling the pinch. The GST implementation has been haphazard. You pay input taxes and they take their own time to pay you back. It sucks money out of the system. De monetization was horrible - it wasn't even technically de Mon since he just replaced currency notes.

If Congress economic policies had been continued with the social welfare implementation of how Modi did it - it would have been a win-win.

Unfortunately Modi believes he hsa some excellent advisors who are steering him through, what he does not realize some one else can be pressing the buttons of these advisors. He does not have the ability to see through the details of possible consequences.
He sees himself as a decisive bold leader who makes strong decisions that others are not willing to make.
Anyone with a decent knowledge of economics or business would not do what he did with de-monetization.
 
Last edited:
A Bangladeshi of all types talking about "decent knowledge of economics" :rofl:

Let's "decently" shovel some inflation into our "growth" as we feel like...so we can attempt to take more loans....because no credit rating improvement, no reform, no joining better world standards.

Sound decent knowledge....not correlated with worse economic performance (as people) than Haitians at all. Its a struggle filing 2 patents a year at best at USPTO too.....takes lot of excellent advisors.
 
Unfortunately Modi believes ha some excellent advisors who are steering him through, what he does not realize some else can be pressing the buttons of these advisors. He does not have the ability to see through the details of possible consequences.
He sees himself as a decisive bold leader who makes strong decisions that others are not willing to make.
Anyone with a decent knowledge of economics or business would not do what he did with de-monetization.
Modi's leadership is a doubled edged sword. People who defend him say "At least he had guts to do something" which is akin to saying "That guy had guts to enter the lion's den". The end result might not be very palatable.

His foreign policy has been spot on. He has kept China at bay, put Pakistan on the defensive and made a genuine effort at reaching out to the world. His economic policies are a joke.
 
Modi's leadership is a doubled edged sword. People who defend him say "At least he had guts to do something" which is akin to saying "That guy had guts to enter the lion's den". The end result might not be very palatable.

His foreign policy has been spot on. He has kept China at bay, put Pakistan on the defensive and made a genuine effort at reaching out to the world. His economic policies are a joke.

Foreign policy.... Used lies and deception to convince masses he has cornered Pakistan and weakened china. Foreign policy is about perception, he seems to excel in the department of propaganda.
 
Modi's leadership is a doubled edged sword. People who defend him say "At least he had guts to do something" which is akin to saying "That guy had guts to enter the lion's den". The end result might not be very palatable.

His foreign policy has been spot on. He has kept China at bay, put Pakistan on the defensive and made a genuine effort at reaching out to the world. His economic policies are a joke.
All PMs and Presidents have some Pros and Cons. In the end they are all politicians doing best what they know which is politics. Modi just doesn't have the depth to analyze critical issues. He does media stunts with his big ideas that can transform India, what he does not know that big ideas tend to have unintended consequences. It is one thing to make decisions that others are not willing to make because of political risks, it is a completely different thing when a decision can have extremely negative impact on the economy as it interrupts the cash flow of small business owners.

I was of the opinion that Modi can rise above politics to lead India, but it seems more and more that all he does is playing politics.
 
A Bangladeshi of all types talking about "decent knowledge of economics" :rofl:

Let's "decently" shovel some inflation into our "growth" as we feel like...so we can attempt to take more loans....because no credit rating improvement, no reform, no joining better world standards.

Sound decent knowledge....not correlated with worse economic performance (as people) than Haitians at all. Its a struggle filing 2 patents a year at best at USPTO too.....takes lot of excellent advisors.



Their rate of open defecation lower than Pakistan,India,Afghanistan...even their rural toilets have decent flush system...It's in India's best interest to have a Bangladesh that is economically booming and with a pateaued population
 
Their rate of open defecation lower than Pakistan,India,Afghanistan...even their rural toilets have decent flush system...It's in India's best interest to have a Bangladesh that is economically booming and with a pateaued population

They just make up whatever numbers they want to on paper (have you looked at where they rank on corruption and institution credibility?...even compared to region and developing world?)

They dont have the brains to catch and correct for doozies like this one:

https://defence.pk/pdf/threads/outb...s-in-west-bengal-mamata.629431/#post-11667212

"Decent flush system" like you blab indeed. Just tell me if ODF and 1/3 water use (for basic orifice and hand cleaning) computes in basic logic?

It explains why they are so worthless as a group wherever they end up.

I never said its not in India's interest to have them doing well, its just lot better if they actually improve on the ground, instead of only on paper published by atrociously corrupt govt.

Lol,
been hanging around here, enjoying the implosion.
If February was fun,
May was fantastic,
AND
August was Ecstatic.

Its funny how same ppl keep blabbing "economic policies are a joke"

They would rather rural misery continues at high grandiose level, as long as asset inflation continues in BSE..and the hot money just stagnates there because its unable to spread and deploy into actual businesses/commerce/expansion.

Then they try "back this up" with whatever immense out of date faulty numbers that snapshot their 1% drama-queen situation (stuff that never used the big data numbers that are coming in increasingly...yet should strangely persist as the complete absolute norm). Then when you ask them about this in any meaningful way....they go all blank, because leftie media stops their "analysis" at that point (because things get uncomfortable).

Its all just such a joke in the end, bring back the old "non-joke economic policies" days please:

Master.jpg


It's all just such a big ole joke, rural people dont matter (especially in what priority concerns they need before a country can truly and properly industrialise), HOW DARE they increase the mandate for tea-seller:

https://www.business-standard.com/a...contamination-says-unicef-119060600128_1.html

https://www.cnn.com/2017/04/13/asia/india-nasa-satellite-night-trnd/index.html
 
Even at its worst, India is still growing twice as fst as Pakistan.
 
Back
Top Bottom