Financial Status - The way it is

We were anxious and were expecting a lot when the Assembly elections came 2 years back. Being a Pro-BJP guy, I was expecting a huge turnaround with respect to the financial status of the country. We wanted a change and believed in Mr. Modi. Has he turned up to our expectations and satisfied atleast half of our demands is a question of this time. With third year, currently running has he lived up to the promises offered?


Everyone knows he's been working hard and traveling a lot to get foreign investments into India, but has we actually got some of them yet into us? Or how much time it still needs to get them invested into our country. Although the Indian markets are on a record high with most of the stocks peaking, the basic financial elements of the country has shaken a lot. We expected things to be better after we elected a stable Govt., but have we really tasted something good?


The manufacturing sector hasn't improved. Agriculture sector is down with many farmers committing suicide. The price of goods have gone drastically up. The fuel prices haven't gone down although the international crude oil prices bottomed earlier. The interest rates of the banks have gone down. Lots of taxes (including GST) is levied and borne by the common man. There hasn't been significant increase in employment. The pay hikes are also less. IT sector has gone down.


Looking at all these it doesnt appear that the current strategy adopted by the Govt. is fruitful for economic change. We are still 10 years back where we were earlier. Unless and until the economic policies are reviewed we won't be in a position for a positive economic change.



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