Oke article writer..... rendu nalukalu..: deni kanna inka emostadi paid media mgmt gallaki

[Spartan]

Indians Are Worse Off Under Modi  - Jan 28th

Modi Keeps On Lifting India Up -  Nov 5, 2018, 08:05pm

[boeing747]

media gets paid by these articles only man

[Rajugadu]

Just now, Spartan said:

Indians Are Worse Off Under Modi  - Jan 28th

Modi Keeps On Lifting India Up -  Nov 5, 2018, 08:05pm

Overthe time impression changes.. people might know the true colors 🤣

[Spartan]

same ide writer 3 months back rasindi edi article


Panos MourdoukoutasContributor
Markets

53,971 viewsNov 5, 2018, 08:05pm
Modi Keeps On Lifting India Up

https://www.forbes.com/sites/panosm.../modi-keeps-on-lifting-india-up/#7ea58fe34a33

Prime Minister Narendra Modi keeps on lifting India in the global ranks.

Last week, the Indian economy jumped 23 spots in the World Bank’s 2018 Ease of Doing Business ranking. It occupies the 77th position, up from 100th in 2017.

ARTICLE CONTINUES AFTER ADVERTISEMENT
And that comes on the top of another jump of 30 spots in the 2017 ranking from the previous year.

That’s remarkable progress.It sets India apart from other countries in the region -- like Pakistan and Bangladesh, which ranked 136 and 176, respectively.

The Ease of Doing Business measures the impact of government regulations on starting and operating a business. Like the number of steps that are required to launch or to shut down a business, to deal with construction permits, or to obtain electricity.

Meanwhile, the Indian economy has been rising in another global ranking, the World Economic Forum Report (WEFR) competitiveness report. That report ranks India 40th out of the 137 countries included, the highest it has ever been, up from 71st three years ago.

“First, the BJP took power from Congress four years ago. BJP's agenda is economic growth whereas Congress was all about populism,“ says Govindarajan. “The perception of India changed. Second, BJP relaxed rules and regulations and made it easier to do business. Third, now that China and the US have two formidable rival blocs, India has emerged as the largest economy for foreign companies seeking growth.”

LIU Professor Udayan Roy is skeptical about India’s frantic rise in global rankings. “Frankly, I am stunned,” says Roy. “I have no idea what actual policy changes -- or improvements in implementation of existing policies -- has led to this huge improvement. I hope India can at least maintain the rank in the years ahead. And, we'll have to see if this translates into higher foreign investment. That's what India needs.”

In fact, foreign investors have taken notice. India recorded a capital and financial account surplus of 17.43 USD Million in the second quarter of 2018, according to Tradingeconomics.com. That’s well above the average of 8.13 USD Million for the period 2010-2018. And a big factor behind the rally in Indian equities.


Meanwhile, improvement in the ease of doing business, the rise in competitiveness, and foreign capital flows have all helped place India among the world’s fourth fastest growing economies.


That’s according to the recently published IMF World Economic Outlook, which predicts that India’s economy will grow at 7.3% in 2018 and 7.4% in 2019, up from 6.7% in 2017, ahead of China’s.

Still, India’s rise in the world economy has yet to touch the masses. In fact, the average Indian is worse off under Modi.

That’s according to a Gallup survey last month, which finds that Indians' ratings of their current lives nationwide are the worst in recent record, an average of4.0 on a 0-to-10 scale in 2017 – down from 4.4 back in 2014.

“Beginning in 2015, rural Indians began reporting increased difficulty paying for food,” says another Gallup report. “That year, more than one in four rural Indians (28%) reported not having enough money to pay for food at some point that year (compared with 18% of urban Indians who reported the same hardship).”
And there are a few old villains that can eventually halt India’s gains in world rankings. Like the persistence of corruption, the rise of non-performing loans in state owned banks, and the fluid taxation system.

“India still has a long way to go. Hopefully, Prime Minister Modi will continue to accelerate the econo

[Spartan]

Second article.

 

 

India’s Prime Minister Modi should spend less time abroad telling foreigners how well India is doing and more time at home asking people how they feel about his administration.

Because as Modi is heading to Davos, Switzerland, to address the annual meeting of the World Economic Forum this week, Indians think they are worse off than they were three years ago.


That’s according to a Gallup survey, which finds a big decline in the percentage of Indians who rate their lives positively enough to rate it as “thriving” since Modi assumed office.

The survey findings provide a different picture from that which one gets when looking at India’s financial markets. In fact, they have been soaring, up close to 50% in the last two years.

Table 1


Index/Fund 2-year Performance
Global X MSCI Pakistan (PAK) -7.30%
iShares S&P India 50 (INDY) 49.69%
Source: Finance.yahoo.com 1/20/18

Nonetheless, only 3% of Indians consider themselves thriving in 2017 compared to 14% in 2014 (see table 2 below).


“India’s largely rural population initially led the decline in life evaluations, with thriving dropping from 14% to 7% between 2014 and 2015, and edging even lower to 4% and 3% in the years after that,” according to Gallup. “Declines among urban Indians have been much more gradual, although they are down in the past year, dropping from 11% to 4%.”

Table 2

Metric 2014 2017
Indians Thriving 14% 3%
Unemployment rate 3.53% 4.80*
Monthly Wages for Low-Skilled Workers 13300INR 10300 INR
Living Wage Family 17300INR 17400INR
Per Capita GDP $1647 $1842**
*Q4 Forecast

**2016

Source: Tradingeconomics.com and Gallup News.

These findings may come as a surprise to some. Modi has maintained a stable political and macroeconomic environment, reformed the tax system, and fought corruption with demonetization. These policies have helped India’s economy outperform most emerging markets in per capita GDP growth, and improved the country’s business environment, as inflation has dropped.


That’s how India became the world’s fourth-fastest-growing economy in the world in 2017, according to the World Bank’s latest edition of Global Economic Prospects.

Meanwhile, international agencies have lifted India up in a number of global rankings. Like World Bank’s 2017 ranking of “ease of doing business,” where India climbed from the 130th position last year to the 100th position this year.

Still, Modi’s policies have yet to touch the masses. Living Wage Family in India remains almost flat in the 17300-17400 INR/Month range over his tenure. Meanwhile, wages paid to low-skilled labor decreased to 10300 INR/Month in 2017 from 13300 INR/Month in 2014 (see table 2).

Then there’s the persistence of corruption, the rise of nonperforming loans in state-owned banks, high taxation, poor public health, and chronic income inequality — something that Modi inherited from previous administrations (see The World Inequality Report 2018).


All these could explain the misalignment between the high hopes of the Indian people for their economy and what they are personally experiencing.



“The people had high expectations, and those expectations have not been satisfied. GDP growth is still above 5 percent, but it has slowed down sharply from past rates of 8 and 9 percent,” says Udayan Roy, an Economics Professor at LIU POST.

“And even the above-5 percent GDP growth is not creating jobs fast enough,” he continues. “There’s this phenomenon of ‘jobless growth.’ India is demographically quite a young nation. And the young people are entering the labor force at too fast a rate compared to job creation. So, these young people are getting frustrated.”

This week Modi joins other world leaders in setting the vision and the agenda for the global economy. That’s a great honor for India and Modi. But before setting the agenda for the world economy, he must set the agenda at home.


After all, as the Gallup survey concludes, “when people see their lives headed in the wrong direction, they want change.”

That should be of great concern to Prime Minister Narendra Modi.

https://www.forbes.com/sites/panosm...Oload7_cBQkr2oFXlc-g5xJk-lMjzJWwk6LR1RKR7onUs

[Spartan]

1 minute ago, Rajugadu said:

Overthe time impression changes.. people might know the true colors 🤣

3 months kuda kakunda oka country lo develpment nunchi worse ela avutadi....unless its Venezuela

[Rajugadu]

Just now, Spartan said:

3 months kuda kakunda oka country lo develpment nunchi worse ela avutadi....unless its Venezuela

Haha nenu general ga cheppina nee article chadavaledu captain..

[Undavalli]

రాజకీయ నాయకుల్ని అంటారుగాని మీడియా వాళ్ళు అంతకన్నా పెద్ద boaకులు 

[snoww]

11 minutes ago, Spartan said:

3 months kuda kakunda oka country lo develpment nunchi worse ela avutadi....unless its Venezuela

Democratic compulsion vunte possible bro. contact CBN for more details.