VizagRocks Posted July 24, 2015 Report Posted July 24, 2015 Emi pani start chesadu? Economic reforms aa Clear ga cheppandi.. No code language chepte malli essay ani edupu. enduku cheppu.
siru Posted July 24, 2015 Report Posted July 24, 2015 aadu cheyyakunte, inko 1yr taravatha vere vaadu chesetodu. chesina pani ni full ga cheyyakunda, sagam lo vadilesaaru. lol. Indira,Manmohan,PV,Vajpayee and Modi who do u think are best to worst , starting frm best to worst
siru Posted July 24, 2015 Report Posted July 24, 2015 For me, Indira is the best PM.. No other Pm has achieved as much as she did.. Ofcourse emergency is a neagative Her achievements: Nationalisation of banks Tiger reserves across india Pakistan war and Freedom for bangladesh Curbed Separate punjab movement Successful Nuclear test, defying world powers
VizagRocks Posted July 24, 2015 Report Posted July 24, 2015 Indira,Manmohan,PV,Vajpayee and Modi who do u think are best to worst , starting frm best to worst Modi may end up being the best. 5yrs taravatha chepdaam. but right now, it is MMS, and then probably Nehru - he had a lot to deal with as PM, some pretty psychotic aholes at the time, and none of them could even be bought by money.
4Vikram Posted July 24, 2015 Report Posted July 24, 2015 Indira,Manmohan,PV,Vajpayee and Modi who do u think are best to worst , starting frm best to worst PV,Vajpayee, Modi, Indira,Manmohan
siru Posted July 24, 2015 Report Posted July 24, 2015 Modi may end up being the best. 5yrs taravatha chepdaam. but right now, it is MMS, and then probably Nehru - he had a lot to deal with as PM, some pretty psychotic aholes at the time, and none of them could even be bought by money. Indira :(
VizagRocks Posted July 24, 2015 Report Posted July 24, 2015 Indira :( I prefer PMs who did the least harm, since none of them did anything useful. She ranks at the bottom. she destroyed institutions in India.
siru Posted July 24, 2015 Report Posted July 24, 2015 I prefer PMs who did the least harm, since none of them did anything useful. She ranks at the bottom. she destroyed institutions in India.But she has some remarkable achievements.. If itwasnot her.. Then thre would be no bangladesh And punjab would be seperate country
VizagRocks Posted July 24, 2015 Report Posted July 24, 2015 Indira :( It is very hard to rank older PMs as best, because governance has improved tremendously in India. Modi will end up a really good PM. Its not their fault that they had to govern India when it was less enlightened.
siru Posted July 24, 2015 Report Posted July 24, 2015 I prefer PMs who did the least harm, since none of them did anything useful. She ranks at the bottom. she destroyed institutions in India. Wht institutes did she destroy?
donganaaK Posted July 24, 2015 Report Posted July 24, 2015 Modi may end up being the best. 5yrs taravatha chepdaam. but right now, it is MMS, and then probably Nehru - he had a lot to deal with as PM, some pretty psychotic aholes at the time, and none of them could even be bought by money. Pls throw some light on this shitt man ... it sounds really stupid to me http://www.thehindu.com/news/national/govt-proposes-to-strip-rbi-chief-of-veto-power-on-monetary-policy/article7457322.ece?homepage=true
ballaladeva Posted July 24, 2015 Report Posted July 24, 2015 What exactly did Dr. Mahmohan Singh do to save the Indian economy after he was appointed as finance minister by P V Narasimha Rao, the PM of India at that time? n 1991, when Singh swore in as finance minister in the Congress government led by P V Narasimha Rao, Indian economy was in shambles. India's fiscal deficit was close to 8.5 per cent of the gross domestic product (almost double of the current fiscal deficit). The balance of payments deficit was huge and the current account deficit was close to 3.5 per cent of GDP. None of India's financial lenders were willing to finance it. India had close to billion dollars in foreign exchange (forex) reserves (todays forex reserves stand a $292.31 billion[1]) - which was equal to almost two weeks of imports. India was on the verge of defaulting on the repayments of it's international loans. In short the country was on the verge of bankruptcy. Manmohan Singh was the man who ushered in the reforms that liberalized India's economy, changing the fundamental way that in corporate India thinks and with it the lives of millions of middle class Indians. He went to then PM Narasimha Rao and told him that India needed a strong vision to take it forward. Rao backed Manmohan Singh to the hilt and India embarked on a path of reforms. With the PM's support, Singh brought in changes that broke sharply with India's state-directed economics. He devalued the rupee to spur exports, loosened foreign investment rules, opened oil refining, telecommunications and the stock exchanges, slashed taxes and sought to cut through red tape ensnaring companies. Under Singh, that year, the government of India entered into an understanding with the Reserve Bank of India to deny itself the right to 'draw' on the RBI to fund its deficit. This put paid to the unlimited monetization of fiscal deficit, and was a historic step. During his speech in Parliament while presenting the Budget in 1994-95, he quoted Victor Hugo: "No power on earth can stop an idea whose time has come." By 1994, when he presented his historic budget, the economy was well on its way to recovery. Nearly 1 crore (10 million) new jobs were created, an environment of liberalization was set in motion and the foundation of an information technology and telecom revolution was laid. Singh also got the government off the backs of the people of India, particularly India's entrepreneurs. He introduced more competition, both internal competition and external competition; simplified the tax structure and tried to create an environment conducive to the growth of business. A strong proponent of globalization Singh felt free trade and India's labor intensive products can find markets, which will help India generate new jobs and relieve poverty. Even though Singh opened the Indian markets for foreign direct investments, he had no intention to make India dependent on foreigners for savings. He firmly believed that "India's development would continue to be generated domestically". Sigh laid stress on macroeconomic stabilization and opening up trade and payment system. He thus put in place a macroeconomic adjustment program with the active support of International Monetary Fund. The program combined monetary, fiscal, and exchange rate policies to reduce India's gaping internal and external imbalances. IMF played a critical role in assisting India during its period of crisis. The result was that productivity in the Indian industry grew like never before.
VizagRocks Posted July 24, 2015 Report Posted July 24, 2015 Wht institutes did she destroy? financial institutions nationalisation. it didn't improve credit availability or lower interest rates. At that time there was not enough of an awareness about how financial systems work. and India had the most basic of them. nationalizing it, destroyed even that. She destroyed the political institution by declaring emergency and jailing her opponents. Even Sonia Gandhi isn't that crazy.
4Vikram Posted July 24, 2015 Report Posted July 24, 2015 Modi may end up being the best. 5yrs taravatha chepdaam. but right now, it is MMS, and then probably Nehru - he had a lot to deal with as PM, some pretty psychotic aholes at the time, and none of them could even be bought by money. babaoi :3D_Smiles: :3D_Smiles:
VizagRocks Posted July 24, 2015 Report Posted July 24, 2015 Pls throw some light on this shitt man ... it sounds really stupid to me http://www.thehindu.com/news/national/govt-proposes-to-strip-rbi-chief-of-veto-power-on-monetary-policy/article7457322.ece?homepage=true Haha. I don't think they are going to go through with that. they are just playing hide and seek with Rajan, I guess. It is silly to let political committee decide interest rates, really. even for a keynesian like me.
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