Indian Economy: News and Discussion

[Guest]

Not necessarily. If we play our cards right, the best time to clean up the jihadi cesspool in India will be exactly when the Christian backlash starts. Remember, they're supporting Naxalites and Jihadis in our country because they're still under the spell of "human rights" and "multiculturalism". Once that mask wears off (and it will, Europe will not go down without a fight), they'll have more than enough on their hands to pontificate effectively to us. NYT and WaPo etc will have their pages full of London, Paris, Brussels, Berlin, Stockholm.

That's when India says goobye to Hurriyat, Zakir Naik clones, Muslim League, AIMIM, PFI, SIMI, Darbhanga money printers, etc.

These are small fish, we need to hit the source and rest will fall in line, I think, the Jihadi clean up in India has to start with Pakistan, a situation like Syria needs to be created there. The economy is totally down, Jihadi ideology is growing, and most importantly water problem is becoming even more serious. Being an agricultural based economy they will be hit very hard by a continuous drought and this will have a ripple effect, the Punjab rivers needs to be stopped in India and dried up on their side and Kashmir rivers needs to be dammed, IMO in 5-6 years Chenab will be totally under our control, I don't know If there are plans to pump the stored waters in the new dams to Punjab. But still we'll be able to control the flow in dry seasons.

Next, the oil prices need to go down, the remittances make up a large portion of Pakistan's Forex, so either the oil prices are to be reduced for a significant period, like 5-6 years so that the unskilled labor which makes most of Pakistani work force are thrown out of Gulf. These unemployed youth along with the agricultural labor facing drought would be ideal recruits for the Jihadi organizations. The Islamic State has already shown Its presence in Afghanistan. An American purge on the scale of post 2001 will force these elements into Pakistan creating a post 2006-08 situation there.

Then the final piece of puzzle needs to be put in the place, "Destruction of Pakistan's Military", that can only happen by a major invasion by India on the lines of cold start and probably using this opportunity to capture back PoK as It would be needed to control the Jihadi elements which will rise to power once Pakistan's Military is thoroughly humiliated and Its infrastructures destroyed. Once that is done, more than half of Pakistani Army will revolt and form a Sharia rule, which most probably will end up as Islamic Caliphate.

This will allow us to create mayhem like situation making one group fight against another and bombing the cities there in the name of fight against terrorism. Large scale genocides will happen and many will migrate to Europe and create a war like situation there. I think 10 years of Caliphate will be enough to reduce the population of Pakistan from 20 crore to 10 crore or even less, this would be the time ~2035 when India will be fully equipped to deal with Major powers on Its own and West will be decaying faster, situation like civil war in Europe due to Muslim and African immigrants would have been created. Once the west will be focused in their mess, the iron will be red hot for final kill and capturing major territories in Pakistan and settling our own people there. By that time most of Pakistan would be like semi-desert.

Its not that the source of all Jihadi elements in India is from Pakistan, there are many in India itself, but Pakistan is their motivation, the face of their success etc. Which is why It has to be made an example and totally destroyed. This will go a long way in eradicating most of the separatist mindset which exists in India today, even Tamilian separatists see Pakistan as a goal, which can be achieved, same can be said about Khalistanis.

 

[Tibarn]

They will say the same things: labor reforms, retroactive taxation, lower corporate tax, land reform

One thing the government can offer to corporates is repealing CSR laws. That costs them 2-3 % profits if I remember correctly

 

[nongaddarliberal]

They will say the same things: labor reforms, retroactive taxation, lower corporate tax, land reform

One thing the government can offer to corporates is repealing CSR laws. That costs them 2-3 % profits if I remember correctly

Why does everyone dismiss the importance of land reforms and labour reforms? These two are the primary things that will bring in true industrialization, along with skill development. Post 2019 these are the two biggest reforms which will have to take place if we want sustained 10% growth.

 

[ezsasa]

They will say the same things: labor reforms, retroactive taxation, lower corporate tax, land reform

One thing the government can offer to corporates is repealing CSR laws. That costs them 2-3 % profits if I remember correctly

Indian business houses are morons sirji... they will never be satisfied... your CSR point also may not be true.

Useless bunch with no long term planning.....

 

[Tibarn]

Why does everyone dismiss the importance of land reforms and labour reforms? These two are the primary things that will bring in true industrialization, along with skill development. Post 2019 these are the two biggest reforms which will have to take place if we want sustained 10% growth.

Yes, the biggest but also the hardest to do.

Labor reforms face opposition from all major unions in India, including those affiliated to the Sangh Parivaar's.

Land reform is only possible if NDA gets the necessary majority in Rajya Sabha. It is also only possible in the first 1-2 years of a Lok Sabha term.

The perception among many farmers is that Land Reform is anti-farmer and pro-corporate. No government will be able to pass much of it without both a majority in RS and then early in a term so the negative political price can be diluted over the remaining years of their term.

I think the key year is going to be 2020, if NDA can get 272 by themselves and RS majority we can see land reform by then.

 

[indus]

They will say the same things: labor reforms, retroactive taxation, lower corporate tax, land reform

One thing the government can offer to corporates is repealing CSR laws. That costs them 2-3 % profits if I remember correctly

Why do u want the CSR to be removed. Atleast under compulsion Corporates have to do something for the local community. Else they will just rip off the mineral n natural resources of the country without any pàyback.

 

[Tibarn]

Another reform in consideration by the government, just saw it on twitter



Good news, I think it will help universities to be less interfered with by government.

 

[Tibarn]

Why do u want the CSR to be removed. Atleast under compulsion Corporates have to do something for the local community. Else they will just rip off the mineral n natural resources of the country without any pàyback.

If someone supports this, it is better the corporates pay a 2% increased tax to the centre itself, so the centre can allocate the resources to key areas like roads or Swachh Bharat, etc

Right now it's like corporates are paying for the NGO mafia in the country.

I'm not saying that none of the money goes to charity, but too much of it goes to anti-social NGOs. That's just my opinion.

Edit: To put this is perspective:
https://timesofindia.indiatimes.com...for-every-600-people/articleshow/30871406.cms

In 2014 India had 1 NGO per 600 people vs 1 police officer per 943 people

 

[Tibarn]

Lol, there seems to be a lot of news today. Here is something from China


I guess Trump's tariffs maybe causing some of this and some tough negotiation by the Centre with the Chinese

 

[indus]

If someone supports this, it is better the corporates pay a 2% increased tax to the centre itself, so the centre can allocate the resources to key areas like roads or Swachh Bharat, etc

Right now it's like corporates are paying for the NGO mafia in the country.

I'm not saying that none of the money goes to charity, but too much of it goes to anti-social NGOs. That's just my opinion.

Nopes. CSR doesnt work that way. The charity corporates donate to, are their own NGOs. It helps in their brand building. Most mining based industries like coal, cement, power etc run schools, hospitals for the villages where their plants or mines are located. Many corporates own up parks, mantain civil areas near their offices. Some take up afforestation, water conservation measures etc in the areas they operate. Its like a guilty tax for exploiting mother nature. That 2% tax you suggest wont come back to the same area the company operates. It would go anywhere God only knows, whatever is left after babu corruption. So let the companies be responsible to the society rather than just go away by paying a little tax.

 

[Tibarn]

Nopes. CSR doesnt work that way. The charity corporates donate to, are their own NGOs. It helps in their brand building. Most mining based industries like coal, cement, power etc run schools, hospitals for the villages where their plants or mines are located. Many corporates own up parks, mantain civil areas near their offices. Some take up afforestation, water conservation measures etc in the areas they operate. Its like a guilty tax for exploiting mother nature. That 2% tax you suggest wont come back to the same area the company operates. It would go anywhere God only knows, whatever is left after babu corruption. So let the companies be responsible to the society rather than just go away by paying a little tax.

If that is true and in the law itself, then it is fine

 

[Tibarn]

adding to @Why so serious? posted

Growth rate vs national poverty headcount % for India

It shows us how important growth is for reducing poverty!

From @ezsasa 's link

In the last 2 years, almost 50 million people have escaped extreme poverty.

50 million is about equal to the population of South Korea!

 

[ezsasa]

adding to @Why so serious? posted

Growth rate vs national poverty headcount % for India

It shows us how important growth is for reducing poverty!

From @ezsasa 's link

In the last 2 years, almost 50 million people have escaped extreme poverty.

50 million is about equal to the population of South Korea!

Key point is redistribution of prosperity....

It doesn’t matter how rich a country is, poverty rates come down only when money is distributed among economically weak. This I think this govt did at a higher rate than any other govt before it.

I have a feeling that probably demonetisation played a part in this, people were being shown as poor because of cash in house, once money is shown in their bank accounts they can no longer be called poor(@2 $ per day). Also direct benefit transfer into jan Dhan bank accounts also played their part.

 

[Tibarn]

Apparently the INR has appreciated vs most major currencies over the last 5 years

 

[Khalsa_Panth]

These are small fish, we need to hit the source and rest will fall in line, I think, the Jihadi clean up in India has to start with Pakistan, a situation like Syria needs to be created there. The economy is totally down, Jihadi ideology is growing, and most importantly water problem is becoming even more serious. Being an agricultural based economy they will be hit very hard by a continuous drought and this will have a ripple effect, the Punjab rivers needs to be stopped in India and dried up on their side and Kashmir rivers needs to be dammed, IMO in 5-6 years Chenab will be totally under our control, I don't know If there are plans to pump the stored waters in the new dams to Punjab. But still we'll be able to control the flow in dry seasons.

Next, the oil prices need to go down, the remittances make up a large portion of Pakistan's Forex, so either the oil prices are to be reduced for a significant period, like 5-6 years so that the unskilled labor which makes most of Pakistani work force are thrown out of Gulf. These unemployed youth along with the agricultural labor facing drought would be ideal recruits for the Jihadi organizations. The Islamic State has already shown Its presence in Afghanistan. An American purge on the scale of post 2001 will force these elements into Pakistan creating a post 2006-08 situation there.

Then the final piece of puzzle needs to be put in the place, "Destruction of Pakistan's Military", that can only happen by a major invasion by India on the lines of cold start and probably using this opportunity to capture back PoK as It would be needed to control the Jihadi elements which will rise to power once Pakistan's Military is thoroughly humiliated and Its infrastructures destroyed. Once that is done, more than half of Pakistani Army will revolt and form a Sharia rule, which most probably will end up as Islamic Caliphate.

This will allow us to create mayhem like situation making one group fight against another and bombing the cities there in the name of fight against terrorism. Large scale genocides will happen and many will migrate to Europe and create a war like situation there. I think 10 years of Caliphate will be enough to reduce the population of Pakistan from 20 crore to 10 crore or even less, this would be the time ~2035 when India will be fully equipped to deal with Major powers on Its own and West will be decaying faster, situation like civil war in Europe due to Muslim and African immigrants would have been created. Once the west will be focused in their mess, the iron will be red hot for final kill and capturing major territories in Pakistan and settling our own people there. By that time most of Pakistan would be like semi-desert.

Its not that the source of all Jihadi elements in India is from Pakistan, there are many in India itself, but Pakistan is their motivation, the face of their success etc. Which is why It has to be made an example and totally destroyed. This will go a long way in eradicating most of the separatist mindset which exists in India today, even Tamilian separatists see Pakistan as a goal, which can be achieved, same can be said about Khalistanis.

The only real way to deal with Jihadi problem is

1. End Feminism
2. Patriarchy
3. Outbreed Sullahs
4. DHARMA RAJ JAI ARYAVART||

ਤਾਂ ਸੀਸ ਕੇਸ ਰਖ ਸਿਪਾਹੀ ਕਰਨੇ । ਕਟਿ ਸ਼ਾਸ਼ਤ੍ਰ ਬੰਧਵਾਇ ਸਿੰਘ ਨਾਮ ਧਰਨੇ ।
[And the Guru remarked], Adorning [unshorn] hair on your head, you shall be warriors, fastening weapons to your waist, and adopting Singh [Tiger] in your name.
ਮਾਤਾ ਕਾਲੀ ਦਾ ਬਾਣਾ ਨੀਲਾ ਪਹਿਰਾਵਣਾ ।
[You shall] wear the blue dress of Mata Kali [The Dark Goddess]
ਕਰਨਾ ਜੁਧ ਨਾਲਿ ਤੁਰਕਾਂ ਦੇ ਮਾਰਿ ਹਟਾਵਣਾ ।293।
Conducting war with the Turks you will kill and stop [their tyranny].
Bansāvalināmā, page 151, verse 292-293

https://www.manglacharan.com/home/the-reason-for-blue-bana-bansavalinama-1768

ਵਾਹਿਗੁਰੂਜੀਕਾਖਾਲਸਾ।।ਵਾਹਿਗੁਰੂਜੀਕੀਫਤਹਿ।।

 

[Chinmoy]

Look how India had been able to drop its name from Country with maximum number of poor.

Swamy, Congress tear into Modi government on black money in Swiss banks

https://www.indiatoday.in/india/sto...-by-indians-in-swiss-banks-1272865-2018-06-29

 

[ezsasa]

Look how India had been able to drop its name from Country with maximum number of poor.

Swamy, Congress tear into Modi government on black money in Swiss banks

https://www.indiatoday.in/india/sto...-by-indians-in-swiss-banks-1272865-2018-06-29

Going by the drama surrounding this Swiss bank issue, Looks like Jaitley does not want Piyush Goyal to continue as finance minister.

 

[stew98]

Slowly but steadily Gov tightening screws around economic offender like Mallya and Nirav Modi by Prevention of Money Laundering Act (PMLA)).

Court asks Vijay Mallya to appear on August 27, to decide on confiscation of his Rs 12,500 crore assets

MUMBAI: A special court on Saturday issued a notice to Vijay Mallya to appear before it on August 27 for a hearing on confiscation of his properties worth Rs 12,500 crore under the Centre-promulgated Fugitive Economic Offenders Ordinance.

Mallya is in UK, and the fugitive economic offenders law allows the accused person based outside India to appoint his representative to present his case before the court. Under the law, once the court declares the accused as a fugitive economic offender, the agency can confiscate all his properties — even those not associated with the crime. The government can then auction the confiscated property to recover the lost money.

Mallya allegedly defrauded Rs 900 crore from IDBI, Rs 9,990 crore from State Bank of India led consortium of 17 banks. He took bank loan on his personal guarantee, corporate guarantee of UB Holdings and inflated brand guarantee of the Kingfisher Airlines. The loan was taken for operation expenses of Kingfisher Airlines but was used for other purposes, including to procure luxuries charted aircraft for Mallya’s personal use and buy properties. ED is probing two separate money laundering cases against Mallya under the Prevention of Money Laundering Act (PMLA) and has filed chargesheet in both the cases. During the investigation, the ED attached Mallya's properties worth Rs 12,500 crore.

Under the PMLA, the court conducts the trial to announce accused person's culpability and decides about his attached properties. On court’s order, the properties can be confiscated but the process is time consuming.

However, under the promulgated Fugitive Economic Offenders Ordinance, the investigation agency makes an application before the court for declaring the money laundering accused person based abroad a fugitive economic offender. After the application by the investigating agency, the court issues notice giving limited time period to the accused to represent his case before declaring him fugitive economic offender. Once that happens, the government can confiscate all his properties without any trial.

Last week, the ED submitted an application in a sealed cover to the special court requesting to declare Mallya a fugitive economic offender along with the details of his attached assets worth Rs 12,500 (shares worth Rs 11,000 crore and other moveable-immovable properties worth Rs 1,500 crore). This included his share holdings in United Breweries (UB) and United Spirits Ltd (USL) — which was earlier managed by him. Surprisingly the value of shares at the time of attachments in 2016 were Rs 8,200 crore, which has now increased to Rs 11,000 crore.



Latest Comment
My vote goes to BJP if they succeed in recovering at least 70% of scammed money from this fellow.rb chennuru

 

[Guest]

The only real way to deal with Jihadi problem is

1. End Feminism
2. Patriarchy
3. Outbreed Sullahs
4. DHARMA RAJ JAI ARYAVART||
View attachment 26065
View attachment 26067

ਤਾਂ ਸੀਸ ਕੇਸ ਰਖ ਸਿਪਾਹੀ ਕਰਨੇ । ਕਟਿ ਸ਼ਾਸ਼ਤ੍ਰ ਬੰਧਵਾਇ ਸਿੰਘ ਨਾਮ ਧਰਨੇ ।
[And the Guru remarked], Adorning [unshorn] hair on your head, you shall be warriors, fastening weapons to your waist, and adopting Singh [Tiger] in your name.
ਮਾਤਾ ਕਾਲੀ ਦਾ ਬਾਣਾ ਨੀਲਾ ਪਹਿਰਾਵਣਾ ।
[You shall] wear the blue dress of Mata Kali [The Dark Goddess]
ਕਰਨਾ ਜੁਧ ਨਾਲਿ ਤੁਰਕਾਂ ਦੇ ਮਾਰਿ ਹਟਾਵਣਾ ।293।
Conducting war with the Turks you will kill and stop [their tyranny].
Bansāvalināmā, page 151, verse 292-293

https://www.manglacharan.com/home/the-reason-for-blue-bana-bansavalinama-1768

View attachment 26066


ਵਾਹਿਗੁਰੂਜੀਕਾਖਾਲਸਾ।।ਵਾਹਿਗੁਰੂਜੀਕੀਫਤਹਿ।।

If you read what I wrote, I plan to make a sulla free Indus valley, once Indus valley is sullah free, the inbreeds in the main land will start surrendering in mass to Dharma.

They draw their strength and morale from sullah land aka Pakistan, once their daddy is humiliated and destroyed, they will too disappear.

धर्म एव हतो हन्ति, धर्मो रक्षति रक्षितः ।
तस्माद्धर्मो न हन्तव्यो मा, नो धर्मो हतोऽवधीत् ll

 

[Prashant12]

India Nikkei Manufacturing PMI increases to 53.10 in June.