FOCUS only on ECONOMIC GROWTH

 

Well said based on factual observations. 

 

However, there are a few things which I would like to say that may not be welcomed by many because they may not be politically correct/ useful and may go against certain orthodox religious beliefs.

 

We need to PRIORITISE and FOCUS only on ECONOMIC GROWTH and put on the back burner the other things.

 

However, India is over-spoiled by a very toxic cocktail where anarchy is practiced and poverty is glorified and/or misconstrued as frugal, ascetic or simple life. 

 

These are collective mindset issues which are further consolidated or firmed up by mainly three institutions of political parties, religious institutions, bureaucratic lobbies and media houses each one for their own mileage and image.

 

The ingredients of this cocktail are unbridled and irresponsible freedom of expression ( predominantly involving negative sensationalism, victimhood peddling and fake news and scandal mongering) in the name of democracy; excessive political interference in institutions of higher education, areas of  governance, execution and administration; bureaucratic bungling at all levels; overbearing obsessive religious emotionalism blocking logical thinking and practical, contextually relevant approaches to life.

 

We are addicted to the intoxication of this cocktail. First we need to wean away the society from this addiction.

 

This requires a lot of harsh measures. We have the advantage of not repeating the mistakes of other big economies like China creating excessive infrastructure, US and some European nations splashing too much of welfare schemes with crazy rights like ' gun licence'.

 

We must first go back to our original constitution and stick to the term India is a pluralistic society ' not secular'. We must first fix religious obsession and animosity both. 

 

All temple gold must be moved to RBI to be used by government for general welfare and infrastructure schemes. 

 

All religions must be treated equally. No special status for anyone. Hence forth people must be educated not to shower temples with gold or money. You go and pray and pay for maintenance. 

 

If the public stops paying automatically the government will start spending their funds for maintenance and start ticketing like heritage sights. Then automatically,t hey will spend to earn. Why should devotees enrich the government through temples?

 

Many rituals and traditions are outdated and require a lot of energy, time and money . So , people must be gradually educated to give up on those aspects. Whereas emphasize and enthuse them to adopt the philosophical and spiritual dimensions of religion which are of intrinsic value to life.

 

People must be simply educated on the need to vote only for those parties and leaders who can deliver socio-economic benefits.

 

Systems and processes must get simplified so that there is minimal involvement of bureaucratic / official/regulatory nuisance.

 

Anyway, unless and until we have a severe punishment for defaulters which will act as a deterrent, there is no point in having any complicated regulations.

 

 

 

bull market

 The highest bull market in any nation happens when the economy moves from 2 Trillions to 5 Trillions . There are 3 nations who have done it.

I) China took 5 Years to go from 2 Trillions to 5 Trillions (2004-2009) – During this time the Hangsang went from 8500 to 32000 – A 4 times gain.

II) USA took 11 years to go from 2 Trillions to 5 Trillions (1977-1988) – The Dow Jones between 1977 to 2000 went from 700 levels to 12000 – Gain of 15 times.

III) Japan took 8.5 years to go from 2 Trillions to 5 Trillions (1978-1986) – The Japanese stock market between 1978-1991 went from 2000 to 37000.

So Historically the mother of all bull Markets in any nation starts between 2 Trillions to 5 Trillions!

IV) India and the Indian economy is just getting started. Join yourself and create wealth by compounding over a long term.

Part -2 response from a senior professional Happy Investing. !

India has done her first step of triple jump (the hop) between 1991-2016 (25 years), next one (the step) is work in progress between 2016-2021 (with bouts of ups ​and  downs, called as consolidation phase) and next action (the jump) between 2022-2040 (completion of 50 years of liberalisation journey) should take the Indian economy from $2 Trillion to over $10 Trillion. 

​Need to keep focus ONLY on economics and not on religion, caste etc that are not relevant when it would need extraordinary momentum to bridge gaps with US & China! 

There’s all reasons to stay bullish on the Indian economy ​and  financial markets!

Indian Economic Growth story under NDA

Indian Economic Growth story under NDA

http://rvaidya2000.com/2015/09/02/economy-growing-but-not-growing-100-shades-of-growth-story/

Indians are known for their unloving criticism or uncritical love; of late India is known for too many arm chair critics and excessive analysts who question every action done with good intention especially if those arm chairs critics or their lobby are not getting any exclusive benefits and they are not able to explain or fit what is happening into definitions that they already know. 

You are correct we, I mean India, is doing well under the given circumstances. I wish you had used million shades instead of 100 shades.

Come back at least mentally to Ranganathan street and see the shades of blouses in a single color, does not the evaluation of economy of a country as large and as plural as India needs more shades.

Economics, like life and all its many other domains, is not something that is static to fit into existing or known models of straight jacket definitions alone. It is more of freakonomics.

So whether it is growth story or any other story there are certain fundamentals which need to be very carefully handled namely perception, proper evaluation and projection of pertinent data.

Read this when you have time

http://contentwriteups.blogspot.in/2015/09/stories-design-and-development.html