Mastodawn

Ramta Jogi Nov 14, 2019

Modi govt is ignoring the economy by blindly believing the theory that economic policies don't win elections in India.
But one should not forget that social issues start with such acute economic crises & unemployment.
Indira Gandhi faced it.
BJP ministers are squarely blaming the global slowdown for India's slowdown. May be some of our problem is due to global headwinds but much of it is made due to govt's bad economic policy & worse implementations.
MoF must be totally revamped to save India.

Ramta Jogi Nov 12, 2019

Mark my words, that day is not far, when BJP & Congress forms post poll alliance!

I will laugh at all the pseudo-sickulars & bhakts

Most Indians, silent, neutral & reasonable people, will laugh along with me, silently.

Ramta Jogi Nov 11, 2019

I feel that all India political parties differ only in their respective social agendas.
However, all political parties of India are united in one thing - bad economic policy.
Nothing unites them more than that.
The way Congress, Left & BJP are racing to take credit of withdrawal from RCEP is merely one example of it.

Ramta Jogi Nov 10, 2019

#AYODHYAVERDICT could have been the perfect verdict except for:-
1. Giving 5 acres to illegal occupants. This sets the wrong precedence that if I forcibly occupy someone's house/land, then while evicting me away, then instead of a criminal penalty, I'll be rewarded with a rehabilitation package.
2. Courts are still imagining India as a nation that came into being only after British left thus are unwilling to #CorrectHistoricalInjustices
3. Invoking Article 142 for appeasement

Ramta Jogi Nov 10, 2019

Some media houses started blaming UP officials for having invested in #DHFL
Let us remember that DHFL was rated Aa+/Aaa till last year. Several MF, retail investors etc invested in the 'yesteryear darling of the stockmarket'.
The fault is with the rating agencies, auditors & regulators like RBI & SEBI.
Unfortunately, they are the ones going scott free. I urge FM to invoke criminal provisions against those regulators & set up special fund to #RescueNCDHoldersofDHFL

Ramta Jogi Nov 10, 2019

I objectively, without any biases, appreciate or criticize Modi govt.
When I say good things about the govt's social/security/foreign policy, I am trolled by the sickulars
When I criticize the govt's economic policy, I am trolled by the bhakts.

The world is becoming too binary for those who want to be balanced.

Ramta Jogi Nov 10, 2019

I welcome the step to slash corporate taxes by Govt of India. But, why not income taxes?
India's problem is lack of demand. Not lack of credit.
Demand can be spurned only when you put more money in the hands of people. By giving corp tax rebate, you are actually giving only a minor benefit to the industries. Because demand is still sluggish.
#SlashPersonalIncomeTax

Ramta Jogi Nov 10, 2019

The RBI is repeatedly slashing interest rates. Deposit rates are nosediving. So are the EMIs.
However, growth is not coming back. Why?
Job loss or job insecurity lead -ve sentiment.
There was a time when people used to take home/car loan despite higher interest rate. They were confident about job prospects & felt that they could pay off the loans. Now, they are scared. So even if you reduce the interest rate by 1-2%, it does not help revival.
Hope, FM & RBI examine the ground realities!

Ramta Jogi Nov 10, 2019

PM Modi needs to really #RevampFinanceMinistry. India needs a pro free-market Finance Minister who actually understands the actual reasons behind the economic slowdown.
Although, I applaud the govt for the social welfare schemes, I don't think this govt has any real execution plan for macroeconomic reforms.
GoI must remember, as Margaret Thatcher said, that socialism is all good till you run out of other people's money.
Gov&RBI needs to change track & act fast on the economy & bring back growth!

Ramta Jogi Nov 10, 2019

By pulling out of #RCEP , India basically admitted in front of the world that we failed, in the last 7 years, to make crucial reforms in land, labor, power, policing etc that could have made our country competitive.
The statement by the Foreign Minister of Singapore, though embarrassing for India, is factual.
I urge Indian govt, political parties, people & industry/agricultural bodies to create consensus and usher in true reforms that will actually lead to #MakeInIndia

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