yet another chaddi

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yet another chaddi

Post by Propagandhi711 on Sat Jul 01, 2017 10:03 am

singing modi's praises:

https://www.forbes.com/sites/harrybroadman/2017/06/30/dont-underestimate-indias-cunning-narendra-modi/amp/

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Re: yet another chaddi

Post by Propagandhi711 on Sat Jul 01, 2017 10:05 am

he directly refutes the ivorytower academic bullshit published by economist recently calling him an administrator, not reformer.

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Re: yet another chaddi

Post by confuzzled dude on Sun Jul 02, 2017 12:34 pm

Article full of fallacies and sycophancy and the author is quite uninformed.
Taking a longer view, between 2005 and 2015 (obviously a period that in part predates Modi), the differences are starker: India’s FDI inflows as a percentage of GDP more than doubled, whereas in China, they declined by 50%
This has been the trend for over a decade, not sure how Modi can take credit for this.
opening investment in the railway network to majority foreign ownership, thus allowing India to tap into new sources of capital to build
Government is sending mixed signals here, Railway minister has recently said that no privatization of Railways.
permitting foreign investors to participate in construction projects that otherwise were reserved for only domestic service providers
Author is stretching the truth here, Modi did not invent this rather this is continuation of existing policies.
the introduction of a nationwide sales tax, which will integrate an otherwise excessively
This is not Modi's initiative, has been in works for a decade, didn't succeed mainly because of CM Modi's vehement opposition to implement GST.
elimination of subsidies for diesel fuel, which will help plug a fiscal hole in government revenues, and even more important create disincentives for using an energy source
Well, Well, Well. This is an old story, the latest name of the game is populist BJP and Modi.
Modi’s lure towards a cashless economy is not simply for the sake of being cashless.  Rather it is to bring into India’s formal economy informal transactions;
This is a complete failure, recent data suggests that electronic transactions are back to per-demonetization days.

and there is no mention of demonetization or divisive policies and communal propaganda.

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