Again the question of reality
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| Again the question of reality |
Australia, Canada, America, Britain, Kuala Lumpur, at times to the ground Modi told acche day. Birds Eye said foreign lagnike changing story of the Indian economy in the past year and a half. But many of the questions from the opposition party arthanitibida owned the soil, where the Prime Minister's claims tally with the reality? Where the horse is gone reform? Itiuti some good news on the economy, apart from the wheels back in motion or where such signs?
Malaysia's capital Saturday on the stage of ASEAN trade and investment, prime minister claimed that her government has started to return to the center of the rush to catch up on the economy. India will take a key role in the rise of Asia, the claim says, "We have come to power 18 months ago. And in the face of economic challenges. But now the opposite picture. Sometimes it did not happen. Government's deliberate policy of collective success for this. ''
Congress leader Ajay makenera innuendo, '' the Prime Minister abroad to return to the helm of the economy, the news sounds. The problem is, the news is still paumchayani in India. '' The question economists and industry representatives, to sit at the helm of the reforms before the storm did knock Modi dreams. But where are the expectations?
Land-deep water bill. GS did not dock the boat on the shore of the millennium. The bill passed the exemptions, the Parliament is to be executed Modi government harassed. All of which are important to the economy to regain the helm, the investment has dried up srotai.
Modi said the day, they extended the fiscal deficit under control, despite the government's investments. Some economists dismiss those claims, requesting anonymity says, 'We do not need to say anything. Just hearing the words of Raghuram Rajan said. '' The Governor of the Reserve Bank at a ceremony in Hong Kong on Friday Rajan said, because of the slow growth of the investment concerns. There are signs of an increase in private investment. Rather, it has decreased. More than 30% less than the full capacity of the mills and factories of production. Lagnirao the state government. '' In other words, investment in the country's corporate corridors hesitant to loosen the pouch. As Finance Minister Arun Jaitley and Modi and the lack of public investment to meet increasing private investment will assure you, and it's not.
The other side, however, reminds that, about the same stage of hope, Rajan said. According to him, India's foreign investment growth, investment-address can solve the problems. Because of the increase of demand in the economy. As a result, private companies will be encouraged to invest. The juna the six months from January last year, foreign investment in India increased by 30% compared to the same period of time. The sides of the arguments, the foreign investment in the country and abroad are trying tanarai Modi. But it did not bhijabe cimre, many doubted.
At the helm of the economy back to the days of the four claims modi (1) an increase in the speed of the wheels grow. (Ii) the rate of inflation diminishing. (3) an increase in foreign investment. (4) The Minister-Under the current foreign currency transactions anxiety deficit to come down.
This is a great argument against the claim. According to experts, this year the growth rate was 7.1% in the April-June quarter. Not to brag about it. But 7.4 percent lower than the same period of the previous year. Reduced price. But the center of his back over the achievement of the global oil prices. The decline is largely due to the deficit of foreign currency transactions. On his way to the declining exports, and the deficit may again be revived. Increased foreign investment. Bounce Modi said, '' We are now one of the most open economies. '' But the land, cut taxes, not related complications, it's the way the project will be built, the supplementary question. Economists Without it, foreign investment is growing with pen and notebook. But in most cases it is a company with a growing international partnership. Where new factories are being made?
And the investors are not confident that there is still a full-fledged investment, bank lending is still not for the industry to grow to its proof. Production at the factory was not recovered. In all, Modi is "Make the question hanging over the campaign has started in India, many people say.
Jaitley said so repeatedly, becoming an obstacle to the growth of the high interest rates quickly. But last rnanitite hit top bank interest rates by 50 basis points has been reduced, despite the private lagnite tide.
Some say he still lacks interest. But the biggest obstacle to private investment is becoming a land-tangled net. Stuck to the land acquisition bill, now the law of the new deep water. As a result of that haze industry,
If not, the land of the project plan,
Where is the money they pour out? GS are stuck for a long time on the bill today. Many think that, if passed, it would have made the investment to jhampi many companies face. Especially small and medium-sized companies.
Intolerance in the debate on all these extremes is the government versus opposition factions. As a result of the risk industry, will be more difficult at times to create a consensus on reforms bilagulite Modi government. Modi said that the religion in politics to head the government, saying they are just renovated.
Modi's claims on the day, the World Bank, the International Monetary Reserves confident about the economy in India. They and other large developing countries, far better than the health of the Indian economy. Building a strong foundation. PM calls for 'cross border takes about a change in the air. So I invite you to come. '' That came to call for investment in India.
Modi and Jaitley said repeatedly in the past few months, the slowdown in China, rather than taking advantage of the international market will create an even better chance of catching. But in the context of the reversal of the king sang. Said, in India it will push China's economy is dull.
Some say, at the end of the day, the CEO of Modi as shown, whose organization bikribata still not good enough. However, he is desperate to attract investment.
India on the international stage once again to face the stigma. Even in the presence of Prime Minister. ASEAN, India, tricolor was hung upside down on the stage. He did not see the point in just standing in front of him, with a smile, shaking hands with Japanese Prime Minister Modi. And the whole world was witness to the scene. India's national flag was hung upside down on the stage of ASEAN. The upper part of the green and saffron at the bottom of error. While the flag-fall correction is wrong in the eyes of the outage. ASEAN officials in charge of the stage and apologized for this unintentional error.
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