Modiyum Velluvilikalum(9)

midhun wrote:

Abhijit wrote:

avaru paryum avare paryaoo...avar kaalu modiyude kaalu thottu vazhangunna poto veno

samoohathil nalu per bahumanikunna political affiliation ellathavarude abhiprayngal kondu vaa undo onnu edukkan bicon md okae swantham nilayil ee sthanathu kashtapettu ethiyavara.. ennale potti mulachathu alla

show me the facts
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Black Money- Not brought back
Daewood - God knwos where he is
365 Din - PM Not available in the country
Governance- Unfortunately he doesnt know

Abhijit wrote:

Black Money- Not brought back
Daewood - God knwos where he is
365 Din - PM Not available in the country
Governance- Unfortunately he doesnt know

ethokeyano prashanm black money law konduvannathu aara PM vacation alla poyathu..
ee debate kanu.. economics arachu kudichavar parayunna kelkku

Modi's key campaign team member Prashant Kishor likely to join Nitish Kumar

midhun wrote:

Abhijit wrote:

Black Money- Not brought back
Daewood - God knwos where he is
365 Din - PM Not available in the country
Governance- Unfortunately he doesnt know

ethokeyano prashanm  black money law konduvannathu aara  PM vacation alla poyathu..
ee debate kanu.. economics arachu kudichavar parayunna kelkku  

Agriculture growth at zero and factory output growth slipping to 2-2.5%
Modui hasnt modified but modi flied

Modi cheythathum Nehruvinu polum pattanjathumaya oru karyam parayam :
Ratification of Land Boundary Agreement between India and Bangladesh.

It is the state government's statutory obligation to provide roads which are free of potholes: Bombay HC

development

Congress asks 'Maharaj' Modi to spell out how his foreign trips benefited India

Abhijit wrote:

midhun wrote:

ethokeyano prashanm  black money law konduvannathu aara  PM vacation alla poyathu..
ee debate kanu.. economics arachu kudichavar parayunna kelkku  

Agriculture growth at zero and factory output growth slipping to 2-2.5%
Modui hasnt modified but modi flied

adutha nuna

FARM GROWTH

Rahul: Farm growth was 4.1 per cent under UPA, fell to 1% in Modi’s first year
REALITY: At least in 4 years, farm growth was 1 per cent or less. In the 10 years of UPA not much difference in farm sector growth.

#NotIndiasPride: India is bigger than UPA, and Modi is not its Moses

Narendra Modi had a Twitter fumble. It’s not a great fall. He’s not Humpty Dumpty who cannot be put together again by all the king’s ministers and all the king’s bhakts. But yes, it was a rare moment of social (media) discomfiture for a man who rarely has a tweet out of place.

A lot can be read into the #ModiInsultsIndia hashtag trending after his comments in Shanghai and Seoul. Analysts can debate whether some cracks are now visible in Modi’s armour of invincibility and unflappability. It could also point to the Congress belatedly getting their act together in the battlefields of social media. But what it also shows, inadvertently, is a rare glimpse into what the man thinks of himself.

During the election campaign he importuned the voters to give this “sevak” a chance to serve them. But his comments abroad before adoring NRI crowds show that the “sevak” has a far grander view of himself.

In an echo of his comments in Canada dissing the UPA scam-years, Modi told the diaspora in Seoul, “There was a time when people used to say we don’t know what sins we committed in our past life that we were born in Hindustan.” But no longer. Acchey din are here and as he puts it “the mood has changed.”

What the Prime Minister inadvertently betrays by that comment his own sense of his place in history. And that’s just one year into the job. As The Telegraph notes:

“The Prime Minister, true to his style of dividing the history of India into ‘before-me’ and ‘after-me’ in the manner of messiahs, was trying to draw a distinction between the country he inherited and the one he ‘rebuilt’ in the past 12 months.”
PM Narendra Modi in Seoul on Tuesday. AFPPM Narendra Modi in Seoul on Tuesday. AFP

PM Narendra Modi in Seoul on Tuesday. AFP

To further underscore the messianic complex, he sounds like a sort of Moses to the diaspora about to lead them back to the Promised Land or rather the Land Living up to its Promise. The people who wanted to leave, Modi says, are now ready to return to India.

Return to India or R2I was a term in use long before Modi came to power. It was a by-product of the opening up of Indian markets, the entry of multinationals, rising payscales, and general growing affluence and improvement in quality of life at least for those who could afford it. Vivek Wadhwa, Wertheim Fellow at Harvard Law School published a study about it in 2009. Of course the hype and optimism about India took a hit during the doldrums of UPA-II and while Narendra Modi has done a lot to project a dynamic image of India abroad, it did not all begin in May 2014.

India’s history is too vast and too complex to be turned into BM and AM – Before Modi and After Modi.

midhun wrote:

Abhijit wrote:

Agriculture growth at zero and factory output growth slipping to 2-2.5%
Modui hasnt modified but modi flied

adutha nuna

FARM GROWTH

Rahul: Farm growth was 4.1 per cent under UPA, fell to 1% in Modi’s first year
REALITY: At least in 4 years, farm growth was 1 per cent or less. In the 10 years of UPA not much difference in farm sector growth.

makkalu photoshoppumaayi irangiyekkuvaanllo it is a proven fact
Prime Minister Narendra Modi’s exhortation ‘Make in India’ would make perfect sense till we realise that by ‘making’ he means manufacturing. But could it be that his focus on manufacturing may come a cropper if we do not ensure that agriculture is placed permanently on a sound footing? The history of the great manufacturing nations that the PM has been visiting suggests that. So does recent experience here.

It would, of course, be politically correct to speak of the importance of agriculture at this point when farmer suicides have been in the news. Actually, though, the economy has been signalling for some time that all is not well with the sector. Note that I say ‘economy’, and am therefore not referring to agriculture alone. The performance of agriculture has an implication for a population wider than that contained by it. At least for five years, food price increases have driven economy-wide inflation.

That food-price inflation has persisted suggests that a structural factor is likely at work. The market mechanism can in principle eliminate inflationary pressure emanating from shortage by encouraging the expansion of the sector now made attractive by the increased profitability. That this is not happening with respect to India’s food sector points to structural impediments in place, ones the market cannot eliminate.

Food for thought

Food-price inflation has consequences for more than just economy-wide inflation. It can even impact the part of the economy close to our PM’s heart, manufacturing. This is evident from the reports that while inflation is at a four-month low, the index of industrial production is at a five-month low.

There is a plausible explanation for this. Food price inflation can crowd-out household expenditure on manufactures, leading to declining investment and thus demand for capital goods. Higher inflation also leads to real exchange-rate appreciation, rendering exports uncompetitive. So in many ways, a vibrant manufacturing sector requires a sound agricultural base.

The agrarian crisis in the country partly reflects the structural element in the problem of expanding agricultural production. It has two implications for economic policy.

The first is the message that if the production conditions are the constraint, then, trying to tackle the agrarian crisis by raising procurement price — as has been proposed — is tantamount to no more than feeding inflation.

The UPA 2 had discovered this fact the hard way. Apart from the fact that support prices are mostly confined to cereals, and the price rise is happening elsewhere, producers in India’s non-agricultural sector are not going to be mere spectators in the reduction in their real income. They constitute 80 per cent of the economy, and are likely to raise the price of their outputs to compensate for its reduction.

Now, not only is the original rise in the procurement price generalised across the economy, but also it will connect the inflation rate over time. For, the price would have to be raised again in the next round to restore parity with non-agricultural prices.

Thus, trying to shift the advantage towards the farmers by raising support prices cannot normally succeed.

To both improve the lot of farmers, and for the rest of the economy to reap the benefits of such a move, the yield of land must be raised continuously. This would require non-price interventions. Modi cannot be ignorant of these as they constitute what must count as governance, and he had promised to maximise it.

So, what are the areas within agriculture that require better governance? First and foremost, there is irrigation. Secondly, there is the issue of land policy.

Watering land

Expanding irrigation has been the bugbear of governments in India. While estimates vary, we know for sure that the share of irrigated land in total cropped area is low. Increasing this share is vital as assured availability of water can overcome some of the disadvantages of small farm size.

Some years ago, the Economic Advisory Council to the PM noted that though the average holding size in much of East Asia was smaller than that in India, the share of irrigated land was much higher in the former. This accounts for the fact that these economies enjoy far greater food security that India does, and must have some bearing on their being world-class manufacturing nations.

However, while the slow growth of irrigated area may be a cause of the tardy expansion of food production in India, it has less to do with funding than with governance. In a study published by the RBI in 2008, Ramesh Golait, Pankaj Kumar and I showed that public expenditure on irrigation and flood control had gone up by over 100 per cent in real terms since 1991, with precious little to show for it on the ground. Low spending cannot account for the glacial spread of irrigation capacity in the country.

To see public expenditure on irrigation fructify, we would need governance encompassing conception, construction, supply and maintenance. It is not clear that farmers are part of the process right now, even as it would be wise to include them, for as potential users they have a stake in the success of the project.

Politicians tend to showcase high expenditure on irrigation, and have succeeded in turning such expenditure into a sacred cow so that querying outcomes is to be “anti-farmer”.

Land issues

The pressure of population has led to fragmentation of many farms to a level below economic size. Sizeable investment is now made difficult.

Further, at low output levels, any adverse fluctuation drives the farmer into poverty and debt, from which recovery is impossible without assistance.

There is a strong case for the prevention of further fragmentation of land by appropriate legislation. At the same time, legislation must also allow for tenancy, which is illegal in many parts of India.

In fact, the State should facilitate tenancy on reasonable terms so that necessary yield increase is not held back due to the uneconomic size of land.

Another issue is the alienation of agricultural land. There is a strong case for disallowing the conversion of farmland except in the rarest of rare cases. In fact, the proposed Social Impact Assessment is perhaps too narrowly conceived. It tends to privilege the rights of those deriving a livelihood from the land in question.

Actually, there is the question of the greater common good, from which point of view food security for the nation as a whole emerges as salient. Given the imponderables, especially due to climate change and the fact that grain production per capita is far lower here than in the developed world, an embargo on conversion, whether undertaken by government or owners, makes much sense.

While there is no need for Modi to put his enthusiasm for manufacturing on hold, he should seriously and urgently address the long-term prospects for our agriculture.

The writer is professor of economics at Ashoka University
(This article was published in the Business Line print edition dated May 19, 2015)

Abhijit wrote:

midhun wrote:

adutha nuna

FARM GROWTH

Rahul: Farm growth was 4.1 per cent under UPA, fell to 1% in Modi’s first year
REALITY: At least in 4 years, farm growth was 1 per cent or less. In the 10 years of UPA not much difference in farm sector growth.

makkalu photoshoppumaayi irangiyekkuvaanllo it is a proven fact
Prime Minister Narendra Modi’s exhortation ‘Make in India’ would make perfect sense till we realise that by ‘making’ he means manufacturing. But could it be that his focus on manufacturing may come a cropper if we do not ensure that agriculture is placed permanently on a sound footing? The history of the great manufacturing nations that the PM has been visiting suggests that. So does recent experience here.

It would, of course, be politically correct to speak of the importance of agriculture at this point when farmer suicides have been in the news. Actually, though, the economy has been signalling for some time that all is not well with the sector. Note that I say ‘economy’, and am therefore not referring to agriculture alone. The performance of agriculture has an implication for a population wider than that contained by it. At least for five years, food price increases have driven economy-wide inflation.

That food-price inflation has persisted suggests that a structural factor is likely at work. The market mechanism can in principle eliminate inflationary pressure emanating from shortage by encouraging the expansion of the sector now made attractive by the increased profitability. That this is not happening with respect to India’s food sector points to structural impediments in place, ones the market cannot eliminate.

Food for thought

Food-price inflation has consequences for more than just economy-wide inflation. It can even impact the part of the economy close to our PM’s heart, manufacturing. This is evident from the reports that while inflation is at a four-month low, the index of industrial production is at a five-month low.

There is a plausible explanation for this. Food price inflation can crowd-out household expenditure on manufactures, leading to declining investment and thus demand for capital goods. Higher inflation also leads to real exchange-rate appreciation, rendering exports uncompetitive. So in many ways, a vibrant manufacturing sector requires a sound agricultural base.

The agrarian crisis in the country partly reflects the structural element in the problem of expanding agricultural production. It has two implications for economic policy.

The first is the message that if the production conditions are the constraint, then, trying to tackle the agrarian crisis by raising procurement price — as has been proposed — is tantamount to no more than feeding inflation.

The UPA 2 had discovered this fact the hard way. Apart from the fact that support prices are mostly confined to cereals, and the price rise is happening elsewhere, producers in India’s non-agricultural sector are not going to be mere spectators in the reduction in their real income. They constitute 80 per cent of the economy, and are likely to raise the price of their outputs to compensate for its reduction.

Now, not only is the original rise in the procurement price generalised across the economy, but also it will connect the inflation rate over time. For, the price would have to be raised again in the next round to restore parity with non-agricultural prices.

Thus, trying to shift the advantage towards the farmers by raising support prices cannot normally succeed.

To both improve the lot of farmers, and for the rest of the economy to reap the benefits of such a move, the yield of land must be raised continuously. This would require non-price interventions. Modi cannot be ignorant of these as they constitute what must count as governance, and he had promised to maximise it.

So, what are the areas within agriculture that require better governance? First and foremost, there is irrigation. Secondly, there is the issue of land policy.

Watering land

Expanding irrigation has been the bugbear of governments in India. While estimates vary, we know for sure that the share of irrigated land in total cropped area is low. Increasing this share is vital as assured availability of water can overcome some of the disadvantages of small farm size.

Some years ago, the Economic Advisory Council to the PM noted that though the average holding size in much of East Asia was smaller than that in India, the share of irrigated land was much higher in the former. This accounts for the fact that these economies enjoy far greater food security that India does, and must have some bearing on their being world-class manufacturing nations.

However, while the slow growth of irrigated area may be a cause of the tardy expansion of food production in India, it has less to do with funding than with governance. In a study published by the RBI in 2008, Ramesh Golait, Pankaj Kumar and I showed that public expenditure on irrigation and flood control had gone up by over 100 per cent in real terms since 1991, with precious little to show for it on the ground. Low spending cannot account for the glacial spread of irrigation capacity in the country.

To see public expenditure on irrigation fructify, we would need governance encompassing conception, construction, supply and maintenance. It is not clear that farmers are part of the process right now, even as it would be wise to include them, for as potential users they have a stake in the success of the project.

Politicians tend to showcase high expenditure on irrigation, and have succeeded in turning such expenditure into a sacred cow so that querying outcomes is to be “anti-farmer”.

Land issues

The pressure of population has led to fragmentation of many farms to a level below economic size. Sizeable investment is now made difficult.

Further, at low output levels, any adverse fluctuation drives the farmer into poverty and debt, from which recovery is impossible without assistance.

There is a strong case for the prevention of further fragmentation of land by appropriate legislation. At the same time, legislation must also allow for tenancy, which is illegal in many parts of India.

In fact, the State should facilitate tenancy on reasonable terms so that necessary yield increase is not held back due to the uneconomic size of land.

Another issue is the alienation of agricultural land. There is a strong case for disallowing the conversion of farmland except in the rarest of rare cases. In fact, the proposed Social Impact Assessment is perhaps too narrowly conceived. It tends to privilege the rights of those deriving a livelihood from the land in question.

Actually, there is the question of the greater common good, from which point of view food security for the nation as a whole emerges as salient. Given the imponderables, especially due to climate change and the fact that grain production per capita is far lower here than in the developed world, an embargo on conversion, whether undertaken by government or owners, makes much sense.

While there is no need for Modi to put his enthusiasm for manufacturing on hold, he should seriously and urgently address the long-term prospects for our agriculture.

The writer is professor of economics at Ashoka University
(This article was published in the Business Line print edition dated May 19, 2015)

enna proven facts

India Economic Growth to Surpass China's in 2015-16: UN Report  

 

UNITED NATIONS:  India's economic growth is projected to surpass that of China's, with the GDP expected to zoom by 7.7 per cent in 2016, according to a UN report which said India will help accelerate economic growth in South Asia.

The mid-year update of the UN World Economic Situation and Prospects (WESP), released today, said India's economy is projected to grow by 7.6 per cent this year and 7.7 per cent in 2016, overtaking China.

China is projected to grow by 7 per cent in 2015 and 6.8 per cent next year.

The report termed South Asia's economic outlook as "largely favourable" since most economies are expected to experience a strengthening of growth in 2015-16 on the back of stronger domestic consumption and investment, and a pick-up in exports.

The region's GDP is projected to grow by 6.7 per cent in 2015 and 6.9 per cent in 2016, up from an estimated 6.3 per cent in 2014-a significant revision of the previous forecast.

"This revision mostly reflects a higher growth trajectory in India," it said.

It said the growth prospects for Iran and Pakistan have also improved moderately, although for both countries significant uncertainties remain.

Across South Asia, the expansion is expected to be driven by buoyant household consumption and a gradual recovery in investment.

Private sector demand will be underpinned by a more benign macroeconomic environment, including considerably lower inflation.

In 2015, global consumer price inflation is expected to average 2.5 per cent, the lowest level since 2009.

With oil prices expected to recover slowly and global activity projected to pick up, average inflation is forecast to accelerate to 3 per cent in 2016.

Average inflation in the region is also projected to fall to its lowest level in almost a decade, following the recent decline in oil and food prices.

As a result, monetary policy has become more expansionary in several countries, notably in India and Pakistan, it said.

However, despite the improved outlook, South Asia's economies face, to varying degrees, long-standing development challenges including energy shortages, infrastructure deficits and political and social unrest.

The global economy will continue to grow at a modest pace.

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CAG Reoprt on Gujarat

midhun wrote:

Abhijit wrote:

makkalu photoshoppumaayi irangiyekkuvaanllo it is a proven fact
Prime Minister Narendra Modi’s exhortation ‘Make in India’ would make perfect sense till we realise that by ‘making’ he means manufacturing. But could it be that his focus on manufacturing may come a cropper if we do not ensure that agriculture is placed permanently on a sound footing? The history of the great manufacturing nations that the PM has been visiting suggests that. So does recent experience here.

It would, of course, be politically correct to speak of the importance of agriculture at this point when farmer suicides have been in the news. Actually, though, the economy has been signalling for some time that all is not well with the sector. Note that I say ‘economy’, and am therefore not referring to agriculture alone. The performance of agriculture has an implication for a population wider than that contained by it. At least for five years, food price increases have driven economy-wide inflation.

That food-price inflation has persisted suggests that a structural factor is likely at work. The market mechanism can in principle eliminate inflationary pressure emanating from shortage by encouraging the expansion of the sector now made attractive by the increased profitability. That this is not happening with respect to India’s food sector points to structural impediments in place, ones the market cannot eliminate.

Food for thought

Food-price inflation has consequences for more than just economy-wide inflation. It can even impact the part of the economy close to our PM’s heart, manufacturing. This is evident from the reports that while inflation is at a four-month low, the index of industrial production is at a five-month low.

There is a plausible explanation for this. Food price inflation can crowd-out household expenditure on manufactures, leading to declining investment and thus demand for capital goods. Higher inflation also leads to real exchange-rate appreciation, rendering exports uncompetitive. So in many ways, a vibrant manufacturing sector requires a sound agricultural base.

The agrarian crisis in the country partly reflects the structural element in the problem of expanding agricultural production. It has two implications for economic policy.

The first is the message that if the production conditions are the constraint, then, trying to tackle the agrarian crisis by raising procurement price — as has been proposed — is tantamount to no more than feeding inflation.

The UPA 2 had discovered this fact the hard way. Apart from the fact that support prices are mostly confined to cereals, and the price rise is happening elsewhere, producers in India’s non-agricultural sector are not going to be mere spectators in the reduction in their real income. They constitute 80 per cent of the economy, and are likely to raise the price of their outputs to compensate for its reduction.

Now, not only is the original rise in the procurement price generalised across the economy, but also it will connect the inflation rate over time. For, the price would have to be raised again in the next round to restore parity with non-agricultural prices.

Thus, trying to shift the advantage towards the farmers by raising support prices cannot normally succeed.

To both improve the lot of farmers, and for the rest of the economy to reap the benefits of such a move, the yield of land must be raised continuously. This would require non-price interventions. Modi cannot be ignorant of these as they constitute what must count as governance, and he had promised to maximise it.

So, what are the areas within agriculture that require better governance? First and foremost, there is irrigation. Secondly, there is the issue of land policy.

Watering land

Expanding irrigation has been the bugbear of governments in India. While estimates vary, we know for sure that the share of irrigated land in total cropped area is low. Increasing this share is vital as assured availability of water can overcome some of the disadvantages of small farm size.

Some years ago, the Economic Advisory Council to the PM noted that though the average holding size in much of East Asia was smaller than that in India, the share of irrigated land was much higher in the former. This accounts for the fact that these economies enjoy far greater food security that India does, and must have some bearing on their being world-class manufacturing nations.

However, while the slow growth of irrigated area may be a cause of the tardy expansion of food production in India, it has less to do with funding than with governance. In a study published by the RBI in 2008, Ramesh Golait, Pankaj Kumar and I showed that public expenditure on irrigation and flood control had gone up by over 100 per cent in real terms since 1991, with precious little to show for it on the ground. Low spending cannot account for the glacial spread of irrigation capacity in the country.

To see public expenditure on irrigation fructify, we would need governance encompassing conception, construction, supply and maintenance. It is not clear that farmers are part of the process right now, even as it would be wise to include them, for as potential users they have a stake in the success of the project.

Politicians tend to showcase high expenditure on irrigation, and have succeeded in turning such expenditure into a sacred cow so that querying outcomes is to be “anti-farmer”.

Land issues

The pressure of population has led to fragmentation of many farms to a level below economic size. Sizeable investment is now made difficult.

Further, at low output levels, any adverse fluctuation drives the farmer into poverty and debt, from which recovery is impossible without assistance.

There is a strong case for the prevention of further fragmentation of land by appropriate legislation. At the same time, legislation must also allow for tenancy, which is illegal in many parts of India.

In fact, the State should facilitate tenancy on reasonable terms so that necessary yield increase is not held back due to the uneconomic size of land.

Another issue is the alienation of agricultural land. There is a strong case for disallowing the conversion of farmland except in the rarest of rare cases. In fact, the proposed Social Impact Assessment is perhaps too narrowly conceived. It tends to privilege the rights of those deriving a livelihood from the land in question.

Actually, there is the question of the greater common good, from which point of view food security for the nation as a whole emerges as salient. Given the imponderables, especially due to climate change and the fact that grain production per capita is far lower here than in the developed world, an embargo on conversion, whether undertaken by government or owners, makes much sense.

While there is no need for Modi to put his enthusiasm for manufacturing on hold, he should seriously and urgently address the long-term prospects for our agriculture.

The writer is professor of economics at Ashoka University
(This article was published in the Business Line print edition dated May 19, 2015)

enna proven facts

India Economic Growth to Surpass China's in 2015-16: UN Report  

 

UNITED NATIONS:  India's economic growth is projected to surpass that of China's, with the GDP expected to zoom by 7.7 per cent in 2016, according to a UN report which said India will help accelerate economic growth in South Asia.

The mid-year update of the UN World Economic Situation and Prospects (WESP), released today, said India's economy is projected to grow by 7.6 per cent this year and 7.7 per cent in 2016, overtaking China.

China is projected to grow by 7 per cent in 2015 and 6.8 per cent next year.

The report termed South Asia's economic outlook as "largely favourable" since most economies are expected to experience a strengthening of growth in 2015-16 on the back of stronger domestic consumption and investment, and a pick-up in exports.

The region's GDP is projected to grow by 6.7 per cent in 2015 and 6.9 per cent in 2016, up from an estimated 6.3 per cent in 2014-a significant revision of the previous forecast.

"This revision mostly reflects a higher growth trajectory in India," it said.

It said the growth prospects for Iran and Pakistan have also improved moderately, although for both countries significant uncertainties remain.

Across South Asia, the expansion is expected to be driven by buoyant household consumption and a gradual recovery in investment.

Private sector demand will be underpinned by a more benign macroeconomic environment, including considerably lower inflation.

In 2015, global consumer price inflation is expected to average 2.5 per cent, the lowest level since 2009.

With oil prices expected to recover slowly and global activity projected to pick up, average inflation is forecast to accelerate to 3 per cent in 2016.

Average inflation in the region is also projected to fall to its lowest level in almost a decade, following the recent decline in oil and food prices.

As a result, monetary policy has become more expansionary in several countries, notably in India and Pakistan, it said.

However, despite the improved outlook, South Asia's economies face, to varying degrees, long-standing development challenges including energy shortages, infrastructure deficits and political and social unrest.

The global economy will continue to grow at a modest pace.

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another PR work of Modi
look at the statistics
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Rupee loses ground, down 11 paise against dollar

Abhijit wrote:

midhun wrote:

enna proven facts

India Economic Growth to Surpass China's in 2015-16: UN Report  

 

UNITED NATIONS:  India's economic growth is projected to surpass that of China's, with the GDP expected to zoom by 7.7 per cent in 2016, according to a UN report which said India will help accelerate economic growth in South Asia.

The mid-year update of the UN World Economic Situation and Prospects (WESP), released today, said India's economy is projected to grow by 7.6 per cent this year and 7.7 per cent in 2016, overtaking China.

China is projected to grow by 7 per cent in 2015 and 6.8 per cent next year.

The report termed South Asia's economic outlook as "largely favourable" since most economies are expected to experience a strengthening of growth in 2015-16 on the back of stronger domestic consumption and investment, and a pick-up in exports.

The region's GDP is projected to grow by 6.7 per cent in 2015 and 6.9 per cent in 2016, up from an estimated 6.3 per cent in 2014-a significant revision of the previous forecast.

"This revision mostly reflects a higher growth trajectory in India," it said.

It said the growth prospects for Iran and Pakistan have also improved moderately, although for both countries significant uncertainties remain.

Across South Asia, the expansion is expected to be driven by buoyant household consumption and a gradual recovery in investment.

Private sector demand will be underpinned by a more benign macroeconomic environment, including considerably lower inflation.

In 2015, global consumer price inflation is expected to average 2.5 per cent, the lowest level since 2009.

With oil prices expected to recover slowly and global activity projected to pick up, average inflation is forecast to accelerate to 3 per cent in 2016.

Average inflation in the region is also projected to fall to its lowest level in almost a decade, following the recent decline in oil and food prices.

As a result, monetary policy has become more expansionary in several countries, notably in India and Pakistan, it said.

However, despite the improved outlook, South Asia's economies face, to varying degrees, long-standing development challenges including energy shortages, infrastructure deficits and political and social unrest.

The global economy will continue to grow at a modest pace.

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another PR work of Modi
look at the statistics

ente abhijithe ethu ezhuthiyathu modiyude PR alla.. UN aanu.. IMF ethupole ezhuthiyirunnu.. foreign agencies vare modiyude PR aanennu parayathe

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പാവപ്പെട്ടവന്റെ സർക്കാർ എന്ന് പ്രധാനമന്ത്രി ശ്രീ.നരേന്ദ്ര മോഡി അവകാശപ്പെടുന്നുണ്ടെങ്കിലും ആഡംബരത്തിൽ ഒട്ടും മോശമല്ല, കുത്തക മുതലാളിത്ത ശക്തികളുടെ കീശ നിറച്ച്‌ പാവപ്പെട്ടവന്റെ കണ്ണിൽ പൊടിയിട്ടും കൺകെട്ട്‌ നാടകം കളിച്ചും ജനങ്ങളെ വഞ്ചിക്കുന്ന പ്രവണതയാണു കണ്ടുവരുന്നത്‌. അതിന്റെ ഏറ്റവും വലിയ തെളിവാണു പരസ്യത്തിനുവേണ്ടി മാത്രം കഴിഞ്ഞ ആറു മാസത്തിനുള്ളിൽ ചിലവഴിച്ച പണത്തിന്റെ കണക്ക്‌.

കഴിഞ്ഞ ആറുമാസത്തിൽ (മാർച്ച്‌ 2015 വരെയുള്ള കണക്ക്‌) കേന്ദ്ര സർക്കാർ പരസ്യങ്ങൾക്കുവേണ്ടി ചിലിയവഴിച്ചത്‌ 780 കോടി രൂപയാണെന്ന വിവരം ഡയറക്ടറേറ്റ്‌ ഓഫ്‌ അഡ്വർട്ടൈസ്‌മന്റ്‌ & വിഷ്വൽ പുബ്ലിസിറ്റി ഔദ്യോീകമായി പുറത്തുവിട്ടു, വകുപ്പുമന്ത്രി ഈ വിവരം രേഖാമൂലം രാജ്യസഭയിൽ അറിയിക്കുകയും ചെയ്തു.

midhun wrote:

Abhijit wrote:

another PR work of Modi
look at the statistics

ente abhijithe ethu ezhuthiyathu modiyude PR alla.. UN aanu.. IMF ethupole ezhuthiyirunnu.. foreign agencies vare modiyude PR aanennu parayathe

One single qn
If the economy is that good then why the PM is begging country to country for investment .Had Indian economy being good investment would flown directly

മോദി വിജയിച്ച ഷോക്കിൽ ഒരു ഡൈ ഹാർഡ് മോദി ഫാൻ ബോധം പോയി തലയിടിച്ച് വീണ് കോമയിലായി:-

ഇന്നലെയാണ് ആശുപത്രിയിലായിരുന്ന അവന് ബോധം തിരിച്ചുകിട്ടിയത്....

ഉടനെ അവിടെക്കണ്ട ഡോക്ടറോട് അവൻ കാര്യങ്ങൾ തിരക്കി....
ഒരു വര്‍ഷമായി താന്‍ കിടക്കുന്നു എന്ന നടുക്കത്തോടെ അവൻ ഡോക്ടറോട് ചോദിച്ചു:

"ഡോക്ടർ,

*പെട്രോളിന് 40 രൂപയാവുമല്ലേ?

*എൻറ്റെ അക്കൗണ്ടിലെ 15 ലക്ഷം കൊണ്ടാവും ,എൻറ്റെ ചികിത്സ നടത്തിയതല്ലേ??

*ആ നക്സലൈറ്റ് കെജ്റിവാൾ ജീവനോടെയുണ്ടോ?അതോ തൂങ്ങി ചത്തോ???

*ഡോളറിന്റ്റെ ഒക്കെ റേറ്റ് കുറഞ്ഞ് പണ്ടാരമടങ്ങിക്കാണുമല്ലേ?1രൂപ=10ഡോളറാണോ ,അതോ അതിലും കുറവോ????

*നമ്മടെ ആൾക്കാർക്ക് ബുള്ളറ്റ് ട്രെയിനോക്കെ‍ പരിചിതമായോ?????

*അയോധ്യയിലെ അമ്പലം പണി കഴിയാറായിട്ടുണ്ടാവുമല്ലേ??????

*റോബട്ട് വദേര ജയിലില്‍ നിന്നിറങ്ങിയോ,സോണിയയോ???????

*ദാവൂദ് ഇബ്രാഹീമിനെ തൂക്കി കൊന്നോ????????

എന്നെ മോദി ഫാൻ ,ചങ്കീ എന്ന് വിളിച്ച്
കളിയാക്കിയിരുന്നവൻമാരെയൊക്കെ എനിക്കൊന്ന് കാണണം"

അമേരിക്കയിൽ പഠിച്ച് വളർന്ന 'ജുംല' എന്തെന്നറിയാത്ത ഡോക്ടര്‍ പുറത്ത് വന്ന് അവൻറ്റെ അമ്മയോട് പറഞ്ഞു....

"കോമയിൽ നിന്ന് രക്ഷപ്പെട്ടു, പക്ഷേ ബോധം തിരിച്ചുകിട്ടീട്ടില്ല"

Abhijit wrote:

midhun wrote:

ente abhijithe ethu ezhuthiyathu modiyude PR alla.. UN aanu.. IMF ethupole ezhuthiyirunnu.. foreign agencies vare modiyude PR aanennu parayathe

One single qn
If the economy is that good then why the PM is begging country to country for investment .Had Indian economy being good investment would flown directly

economy kutti chorayirunnallo 1 year munpu modiji aarudeyum engilum kalu pidichu onnu nere aakikotte

Binu wrote:

മോദി വിജയിച്ച ഷോക്കിൽ ഒരു ഡൈ ഹാർഡ് മോദി ഫാൻ ബോധം പോയി തലയിടിച്ച് വീണ് കോമയിലായി:-

ഇന്നലെയാണ് ആശുപത്രിയിലായിരുന്ന അവന് ബോധം തിരിച്ചുകിട്ടിയത്....

ഉടനെ അവിടെക്കണ്ട ഡോക്ടറോട് അവൻ കാര്യങ്ങൾ തിരക്കി....
ഒരു വര്‍ഷമായി താന്‍ കിടക്കുന്നു എന്ന നടുക്കത്തോടെ അവൻ ഡോക്ടറോട് ചോദിച്ചു:

"ഡോക്ടർ,

*പെട്രോളിന് 40 രൂപയാവുമല്ലേ?

*എൻറ്റെ അക്കൗണ്ടിലെ 15 ലക്ഷം കൊണ്ടാവും ,എൻറ്റെ ചികിത്സ നടത്തിയതല്ലേ??

*ആ നക്സലൈറ്റ് കെജ്റിവാൾ ജീവനോടെയുണ്ടോ?അതോ തൂങ്ങി ചത്തോ???

*ഡോളറിന്റ്റെ ഒക്കെ റേറ്റ് കുറഞ്ഞ് പണ്ടാരമടങ്ങിക്കാണുമല്ലേ?1രൂപ=10ഡോളറാണോ ,അതോ അതിലും കുറവോ????

*നമ്മടെ ആൾക്കാർക്ക് ബുള്ളറ്റ് ട്രെയിനോക്കെ‍ പരിചിതമായോ?????

*അയോധ്യയിലെ അമ്പലം പണി കഴിയാറായിട്ടുണ്ടാവുമല്ലേ??????

*റോബട്ട് വദേര ജയിലില്‍ നിന്നിറങ്ങിയോ,സോണിയയോ???????

*ദാവൂദ് ഇബ്രാഹീമിനെ തൂക്കി കൊന്നോ????????

എന്നെ മോദി ഫാൻ ,ചങ്കീ എന്ന് വിളിച്ച്
കളിയാക്കിയിരുന്നവൻമാരെയൊക്കെ എനിക്കൊന്ന് കാണണം"

അമേരിക്കയിൽ പഠിച്ച് വളർന്ന 'ജുംല' എന്തെന്നറിയാത്ത ഡോക്ടര്‍ പുറത്ത് വന്ന് അവൻറ്റെ അമ്മയോട് പറഞ്ഞു....

"കോമയിൽ നിന്ന് രക്ഷപ്പെട്ടു, പക്ഷേ ബോധം തിരിച്ചുകിട്ടീട്ടില്ല"

India nannavumbol AAP karude rodhanam
vellavum electricityum illathe delhites.. from rajdeep sardesai India Today kandu nokku.. what a governance

midhun wrote:

Abhijit wrote:

One single qn
If the economy is that good then why the PM is begging country to country for investment .Had Indian economy being good investment would flown directly

economy kutti chorayirunnallo 1 year munpu  modiji aarudeyum engilum kalu pidichu onnu nere aakikotte

Why so many lies & propaganda? Why did they need all of this?

midhun wrote:

Binu wrote:

മോദി വിജയിച്ച ഷോക്കിൽ ഒരു ഡൈ ഹാർഡ് മോദി ഫാൻ ബോധം പോയി തലയിടിച്ച് വീണ് കോമയിലായി:-

ഇന്നലെയാണ് ആശുപത്രിയിലായിരുന്ന അവന് ബോധം തിരിച്ചുകിട്ടിയത്....

ഉടനെ അവിടെക്കണ്ട ഡോക്ടറോട് അവൻ കാര്യങ്ങൾ തിരക്കി....
ഒരു വര്‍ഷമായി താന്‍ കിടക്കുന്നു എന്ന നടുക്കത്തോടെ അവൻ ഡോക്ടറോട് ചോദിച്ചു:

"ഡോക്ടർ,

*പെട്രോളിന് 40 രൂപയാവുമല്ലേ?

*എൻറ്റെ അക്കൗണ്ടിലെ 15 ലക്ഷം കൊണ്ടാവും ,എൻറ്റെ ചികിത്സ നടത്തിയതല്ലേ??

*ആ നക്സലൈറ്റ് കെജ്റിവാൾ ജീവനോടെയുണ്ടോ?അതോ തൂങ്ങി ചത്തോ???

*ഡോളറിന്റ്റെ ഒക്കെ റേറ്റ് കുറഞ്ഞ് പണ്ടാരമടങ്ങിക്കാണുമല്ലേ?1രൂപ=10ഡോളറാണോ ,അതോ അതിലും കുറവോ????

*നമ്മടെ ആൾക്കാർക്ക് ബുള്ളറ്റ് ട്രെയിനോക്കെ‍ പരിചിതമായോ?????

*അയോധ്യയിലെ അമ്പലം പണി കഴിയാറായിട്ടുണ്ടാവുമല്ലേ??????

*റോബട്ട് വദേര ജയിലില്‍ നിന്നിറങ്ങിയോ,സോണിയയോ???????

*ദാവൂദ് ഇബ്രാഹീമിനെ തൂക്കി കൊന്നോ????????

എന്നെ മോദി ഫാൻ ,ചങ്കീ എന്ന് വിളിച്ച്
കളിയാക്കിയിരുന്നവൻമാരെയൊക്കെ എനിക്കൊന്ന് കാണണം"

അമേരിക്കയിൽ പഠിച്ച് വളർന്ന 'ജുംല' എന്തെന്നറിയാത്ത ഡോക്ടര്‍ പുറത്ത് വന്ന് അവൻറ്റെ അമ്മയോട് പറഞ്ഞു....

"കോമയിൽ നിന്ന് രക്ഷപ്പെട്ടു, പക്ഷേ ബോധം തിരിച്ചുകിട്ടീട്ടില്ല"

India nannavumbol AAP karude rodhanam
vellavum electricityum illathe delhites.. from rajdeep sardesai India Today kandu nokku.. what a governance  

Union Minister Chaudhary Birender Singh's remark on PM suit kicks up a storm, says even farmers can afford costly accessories

The intent was probably right but the result unexpected. Union Minister of Rural Development and Panchayati Raj Chaudhary Birender Singh on Monday brought unwanted attention to himself when he said that despite being a farmer's son he wears a watch worth Rs 9 lakh and shoes worth Rs 45,000.

The Haryana Jat leader was trying to justify Prime Minister Narendra Modi's Rs 10 lakh suit but ended by sounding crude boasting about his sartorial choice.

Known for his outbursts, Chaudhary was addressing a rally in Amroha when he said it was wrong to say that expensive clothes and accessories can only be worn by the well-to-do.

"I wear a watch worth Rs 9 lakh and shoes worth Rs 45,000. Not only big industrialists, even farmers like me can wear (expensive clothes). What is wrong if Modiji wears a suit worth Rs 10 lakh," Chaudhary said.
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പുരുഷു വിദേശത്ത് പോയി സെൽഫി എടുത്ത് കളിക്കുന്നു....

എണ്ണ മൊയലാളിമാർ എണ്ണക്ക് വില കൂട്ടി കളിക്കുന്നു....

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