Essence of What FM Said & Left Unsaid

FM of India held a press conference on 23 Aug 2019. The essence of what she said & left unsaid is given below in simple words:

  • When the world economy is in a bad shape, India is still doing well (implying that Modi has done bad for India but not too bad!)
  • Reluctantly admitted that Modi has ruined India’s economy, though intentions have been good (when ‘good intentions’ are stated it means acceptance of incompetence; remember the use of ‘good intentions’ at the time of demonetization!).
  • Still Modi would like to continue blaming Congress for what is happening in 2019 (Since Indians believe this false propaganda, it makes political sense to continue feeding this falsehood!).
  • Announced partial roll-back of some of the worst policies (CSR-criminal offence; super-rich tax, surcharge on FPIs) & few confidence building measures for manufacturing industry, including MSMEs, housing & financial sectors.
  • Forecasted more announcements in the future.

Expected Impact of Measures

  • The announcements are good and have been welcomed by the corporate.
  • Reduction in GST as anticipated by the auto industry has not come because the government is staring at a serious shortfall in its own projected revenue.
  • Whether these measures are able to increase domestic demand and generate employment is debatable.

Colonel M.M Nehru

Colonel M.M Nehru Is Consultant in Personality Development Coach .Nehru Sir Provide Online Guidance to SSB Aspirants by online .Nehru Sir also Write top Articles here for motivating students and increasing their g.k level.If U want to more about Colonel Nehru Click Here


Leave a Reply

Your email address will not be published. Required fields are marked *