Modi is lucky to get an “F” in managing India and its Economy

If there can be a grade below “F” in economy management and general administration Modi deserves to be awarded that grade for ruining Indian economy, general administration and above all peace and harmony among different sections of the society. Modi inherited the economy when it was on a upswing and oil prices were sliding down.  His predecessor PM Singh steered the economy through the difficult Great Recession that practically bankrupted the world economy in 2008.  Under him India made a commendable comeback averaging a GDP growth rate of 8.2 per cent (2004-014) despite steeply rising crude oil prices. Modi is still below this at 7.2 % average with few months left of his 5 years term. That too after changing the base year for GDP calculation to 2010-11 from 2004-05 -- the benchmark used under PM Singh. If previous bench mark is used for Modi than GDP growth rate will come down to below 5% and if Modi benchmark is used for Singh; than growth rate will be 10.4% under PM Singh!

India has become a laughing stock around the world because Modi is in perpetual election mode blurring rhetoric’s and no actions along with promoting Savarkar/Golwalkar’s understanding of religion to divide India. Truth, facts, reality, data, problems, challenges, genuine issues have become meaningless for Modi. Some of the world renowned economist has ranked his government probably the worst ever in governance standards for his mindless  demonetization to rob the poor, ill planned GST implementation with over 213 amendments in its first year, negligible to no recoveries by banks under NPA aka Bad Loans that has gone up to USD 135.6 Billion under Modi from USD 27 Billion in 2014, Aadhaar execution and foreign policy etc.  

Foreign portfolio investors have withdrawn over USD 7.1 Billion in the first quarter of 2018-19.  Under Modi Rupee that was 63.38 to a 1 USD in 2014 as of Oct 31, 2018 was trading at 74.02 to 1 USD; a whopping 16% devaluation. 52 per cent of India’s Foreign Exchange reserves are short-term foreign currency debt maturing this fiscal year which makes India highly vulnerable, especially when US Fed is raising interest rates to cool down the US economy from over heating and inflation.

Modi with his mismanagement of economy and administration has brought the biggest insult and miseries to Indians with India now ranking 103rd out of 119 countries on the Global Hunger Index 2018. In 2014 India used to rank 55th on GHI. India stood 103rd on the Global Hunger Index along with Nigeria and has been categorized as a country with ‘serious’ levels of hunger.

The World Bank released its first report on Human Capital Index (HCI) on Oct. 18, 2018, which placed India at the 115th position, lower than Nepal, Sri Lanka, Myanmar and Bangladesh.  The report ranked 157 economies on parameters like child mortality, health and education. Singapore topped the list after it was highly rated for its universal healthcare system, education exams results and life expectancy figures, followed by South Korea, Japan, Hong Kong and Finland. 

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Recent Oxfam survey showed that that the share of the wealth of the richest 1% persons had increased to 73% this year. According to the survey, India’s poorest saw their wealth rising by one percent during the same period. This monstrous income inequality has attained and even exceeded levels prevailing during the British Raj is the tragedy of an India under Billionaire Raj.     In 2014 when Modi came to power the share of the 1% richest persons was 49%.  A 25% gain for the wealthy in 4 years of Viceroy Modi of Billionaire’s Raj!

On the other hand under Singh, India lifted a miraculous 271 million out of poverty establishing irrevocably that “inclusive growth model”, is the most suitable option for India. Under Modi rule only his Crony Capitalist and Religious Gurus turned Crony Capitalist friends; their net worth  has grown from 100% to 200%. None of these industrialist or Religious Gurus have ever invented any thing; they have become rich by getting free access to PSU Banks aka public money, natural resources like oil, gas, minerals including land belonging to Indians and by exploiting or getting changed the trade & commerce policies to their advantage by bribing the politicians across the aisle.

 

According to a report by Centre for Sustainable Employment of the Azim Premji University; "The current  rate of unemployment is the highest seen in India in the last 20 years." This shortage of jobs is compounded by depressed wages, with 82% of men and 92% of women earning less than Rs 10,000 per month. The report also notes that the growth in GDP hasn't resulted in a commensurate increase in employment.

A 10% increase in GDP now results in less than 1% increase in employment," says the study. "Nationally, 67% of households reported monthly earnings of up to Rs 10,000 in 2015. In comparison, the minimum salary recommended by the Seventh Central Pay Commission (CPC) is Rs 18,000 per month. This suggests that a large majority of Indians are not being paid what may be termed a living wage, and it explains the intense hunger for government jobs," the report observes. Worryingly, it adds that 90% of industries even in the organized manufacturing sector "pay wages below the CPC minimum. The situation is worse in the unorganized sector".

 According to  Centre for Monitoring Indian Economy (CMIE), there are currently nearly 31 million unemployed Indians looking for jobs. CMIE is a board that tracks business and economic data .. of the country. 

5 states with highest unemployment rates in descending order are; Tripura 39.1%, Chattisgarh 22.2%, Haryana 17.6%, Chandigarh 15%, Himachal 14% and all 5 are ruled by BJP.

5 states with lowest unemployment rates in ascending order are; Telangana 0.4%, Karnataka 0.8%, Tamilnadu 1.9%, Uttrakhand 2.4%, Puduchery 3.5%, except Uttrakhand that is ruled by BJP, rest 4 are ruled by opposition parties.

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According to mathematician Anand Kumar, founder of Super 30 educational programme for the underprivileged; "In India, there is a huge craving for education, but quality education is not accessible to all of them. There is no dearth of talent in India, but equal opportunities in terms of quality education and modern-day requirements often eluded a large number of students.” But for Modi with dubious educational record of his own, hardly educated ministers and the states ruled by his party BJP; “Education is not on their priority list.” Only Kerala ruled by left front and Delhi ruled by AAP in India had made “Education” a priority under their governance. Modi can spend almost a USD 1 Billion on 2 statues of Sardar Patel & Shivaji but not on Education!  

In the name of education he can grant $135 Million, subsidized land and “Institute of Eminence” status to yet to be born Jio Institute of his friend Mukesh Amabani a crony Capitalist that has grown from $19 billion to $43 Billion in net worth under Modi. Funniest part is Ambani group companies have no experience or expertise in the field of Education. Their experience is in how to get easy money/funding and natural wealth like oil wells, spectrum, land, mining rights etc. and defense contracts at terms favoring to them not to the owners the “Indian Public”. 

While inaugurating Sardar Patel' 182 met. high statue in Oct 2018 Modi claimed; he is the one who initiated this project of highest statue in the world as CM of Gujarat! There was a time in India the height of Bhakra Dam 226 met inaugurated by first PM Jawaharlal Nehru became the symbol of prosperity, progress and better future for Indians. Shame on Modi & other mentally deranged BJP leaders that thinks statues are the sign of prosperity, progress and better future for Indians that are majority poor.  

Patel’s statue has become a symbol of apathy and neglect towards the poor of India in the entire world because of Modi’s wrong priorities. A British MP made a statement if India has money for Statues than they should not be given any aid! ‘According to UK Mail, in the 56 months it took to build Patel’s statue, India received £1.17 Billion in financial aid for social programs from UK Taxpayers. Tory MP Peter Bone said: ‘To take £1.17 billion in aid from us and then at the same time spend £330million on a statue is a total nonsense and it is the sort of thing that drives people mad. ‘What it proves is that we should not be giving money to India. It is up to them how they spend their money but if they can afford this statue, then it is clearly a country we should not need to be giving aid to.’

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Team Modi is spreading lies and misinformation for last 41/2 years by using peoples money through ads in India’s morbid media: They have been shouting from the roof tops in India and the world arena that “India has superseded China as the world’s fastest growing economy. The fact is in 2017 India’s GDP was $2.59 Trillion and China’s $12.24 Trillion that is almost 5 times the Indian GDP. Per Capita GDP for China is $8,827.00 and for India it is $1,940.00 that is almost 1/5 of China. India’s Military spending was $63.9 billion and China spent $228 billion almost 4 times than India. For India to take over China’s per capita GDP, the Indian economy needs to grow more than 30 percent annually. At the present rate of 6.1% at which Indian economy is growing it will take more than 125 years for India to match China’s success story. (Ashok Swain  professor of Peace & Conflict Research at Uppsala University, Sweden)  

India Under Modi is heading for the biggest humanitarian crisis: Modi’s moral police is more concerned with the length of a prominent celebrity women’s skirt or cleavage exposure or cows being transported or beef being consumed or love-Jihad or anti-Romeo squads than the lack of healthcare for the poor, modern education and employment opportunities for the youth or the unabated farmer suicides or rampant unemployment. The worst is cow transporters and beef eaters can be lynched to death by cow vigilantes with impunity from the government. The people’s courts dispensing instant justice without a trial and lynch mobs carry out the execution. Modi  was described by Katrina Lantos-Swett, vice-chair of the influential US Commission for International Religious Freedom (USCIRF) as the "poster child for India's failure to punish the violent".  Cow protection has taken higher precedence over the right to life of humans. More precious resources are being directed for unproductive cow sheds, money to feed them, hospitals and ambulances than for the basic health care facilities for poor human beings. They don’t even get transportation for their dead loved ones from the hospitals.

Earlier, India was compared with modernizing countries like China, but today India is being bracketed with regressive Islamic fundamentalist regimes. India’s international image on being democratic, secular and scientific has been seriously dented. Modi himself gave examples of Karan and Ganesh to support the claim that cosmetic surgery and genetic science existed in India thousands of years ago. The first head transplant that of Lord Ganesh was done in India! An analysis of 198 countries by the Pew Research Center finds India is the fourth-worst country in the world for religious intolerance and violence. Only three countries - Syria, Nigeria and Iraq - are before India in this name-and-shame list, and even Pakistan fares much better than India on this front, being in the tenth position.

According to a very prominent economist, former High Commissioner to UK, journalist, author, human rights activist  and former BJP Federal Minister Arun Shorie; current problems in India reflects “The Gujarat Model.” No Cabinet functions there and no cabinet functions here. The state legislature was reduced to impotence and irrelevance. The Parliament has been reduced to impotence and irrelevance. The judiciary was subordinated there and judiciary has been subordinated here. The Agencies and Police forces were made into Private Forces and Private Armies. That has been done here. It is exactly “The Gujarat Model.”

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He further added that Modi invoke God and says it is God who has willed in whatever he is doing citing “Higher Purpose”. If any body gets hurt, if any institution suffered upon or country is being torn apart; it is done for “Higher Purpose”. Modi has become the Agent of God!.

All the above points to that Indian’s have been let down again by its morbid media, economist, intellectuals, religious, business & political leaders across the aisle. Whatever little integrity was left of them under Congress; that has been reduced to Zero rather negative under Modi. Barring a few dozen journalist, intellectuals, economist, religious & political leaders; the millions from the privileged class that could have spoken against the Modi’s atrocious regime either have been bribed to keep quiet rather to praise Modi government and some have chosen to keep quite under the extreme fear created by Modi supporters that any criticism of Modi regime is anti-national.      

Modi regime is propagating, encouraging and protecting misguided Hindus to impose their personal Hindutva beliefs on other Hindus as well as on non-Hindus. Some of their beliefs are indefensibly hateful and  insulting, and do not concur with Hinduism.                                                     

It is a lesson for Indian voters as well as other voters around the world that  they can not vote for development only if it does not include tolerance,  human rights, healthy debates on important issues like education, healthcare, employment, inclusive economics and progressive politics. Unfortunately Indians voted for Modi for his exclusive promise of development in 2014 that even after his 41/2 years of rule is no where to be seen rather country is facing a grim reality of biggest humanitarian crisis in the near future because of extreme poverty, massive unemployment, lack of healthcare, intolerance, fewer economic & education opportunities for majority of the population.

Compiled by

Devendra Makkar

From the writing of eminent scholars, historians & journalist   

India a Nation Without Identity Heading For Destruction

India is losing once more by focusing on Israel-US engineered external threats rather than its internal failures. India is in the top ten nations with the widest socio-economic gap. It is an economically, socially and politically failed state for majority of its 1.2 billion citizens; who can not solve its socio-economic, religious and political problems including its Land dispute with Pakistan since 1948 over Kashmir. 

Indian citizens rich and poor are sick of its Political Leaders; they consider them morally, ethically, financially and legally corrupt as well as uncaring for the less fortunate. India a majority Hindu country of 1.2 billion where 665 mil Indians practice open defecation against 37 mil defecate in open in China with almost 1.5 billion people. 700 million Hindus are living in poverty in India, which includes 70 million Hindu Child Labor Force. In fact India has the largest Army of 85 million Child Labor out of 800 million poor living in dire poverty. India’s dismal record after 6 decades of independence in literacy, social hygiene, health, female child survival rate, diarrhea deaths, farmer suicides, mass deforestation and mass increase in poverty is big shame on those who says India is shining. 

India’s elite world famous Billionaires part of the 56 million filthy rich Indians are living side by side with almost a billion poor and treat them as sub humans who are burden for the country. It looks like Indian Leadership political, religious and business rather than being ashamed of this, are proud to have more than 800 million Indians living under extreme poverty & inhuman conditions. They have the insanity to say “India is shining”. A  former diplomat, politician, author and thinker Pavan Varma wrote in his book “Being Indian” that in the Indian elite “there is a remarkable tolerance for inequality, filth and human suffering”. He adds that “concern for the deprived and the suffering is not a prominent feature of the Indian personality. The rich in India have always lived a life quite oblivious to the ocean of poverty around them”. Less than 10-15 minutes from every slum in any major city of India there are very expansive heavily guarded residential areas with houses rather mini palaces costing few million dollars to $1 Billion Mukesh Ambani’s Palace. One city: two universes.

Such failures have gone largely unaddressed for past 6 decades and still are not being addressed with honesty by any of the Indian leader. This is sending India to a tipping point that will prove more dangerous to its very existence as one nation than any threat from Pakistan trained terrorist fighting an unholy war in the name of religion.

Democracy means an independent judiciary with common civil, criminal & personal laws for every citizen and a culture that values expression as well as equal respect for all religions. In America, Europe and Canada Democracy also means that citizenship and nationality are one and the same. But that’s not the case in India. People are first Hindu, Muslim, Sikh, Buddhist, Jain, Christian etc. then they are Jat, Ahir, Brahmin, Vashya, Kayasth, Kshatriya, Bhapey, Ramgariye, Shia, Suni, Wahabi, Catholic, Protestant etc. and then they are Gujarati, Bihari, Bengali, Punjabi, Madrasi, Maratha, Gujarati, Rajasthani etc None of them ever feel or say they are Indian first.

Indian Democracy is fractured multi religious and multi regional democracy. There was a time to be part of the collective elite in the Federal government and its enterprise of license Raj to promote incompetent enterprises; a citizen must be part of Hindu clan. Although all other religious minorities as per the constitution are supposedly equal citizens. A distorted solution called 60% “Reservations” based on Caste, Religion and Region in the name of equality was adopted and is still being practiced knowingly that it has produced more rift among communities rather than bringing them closer to each other. Despite this knowledge Indian leaders now wants to implement Women’s Reservation in every sphere of life to widen the rift among the different sections of the society. Caste and gender based Reservations is a major factor that confirms that there is no such thing as Indian Nation.

India lacks an identity that supersedes caste, ethnicity, religion, gender and region, which can unify all its citizens as equal members of a shared Nation with a shared destiny reached through common goals. The multi-fractured nature of Indian society goes beyond the healthy human disagreement and debate inherent to a healthy democracy, instead prompting the question whether India’s 1.2 billion citizens; Hindu, Muslim, Sikh, Buddhist, Jain and Christian further sub-divided into more factions are actually want to be “Indians’.

For India to be a successful democracy it must address its internal instabilities to avoid disintegration of North, South, East and West to pre British era rule of small providences ruled by feudal lords. Big decisions are pending for decades demanding national consensus that will affect the future composition of India, internal peace and security from hostile neighbors namely China and Pakistan. In question are not only the relationship between Hindu, Muslims, Sikhs, Buddhist and Christians but also between religious and seculars and between Maratha and Biharis, North Indians and South Indians, Gujarati Hindus and the rest of the Hindus.

For India to be at peace with its neighbors namely Pakistan, it must first be at peace with itself. It is a hefty and long delayed process but there are few objectives Indian leaders across the board from every religion, caste, region and every citizen must join together to work towards in building an Indian identity.

1. There should be one Education system for all. Today multiple splintered groups of citizens attend multiple kinds of schools that deliver different kinds of curriculum and religious message including hate for other religions. The majority well to do Hindu, Muslim, Sikh, Christians, Jain etc enroll in private schools, similar to any other western country. Religious among them as well as not so well to do study in semi-publicly funded religious schools run by Hindus, Sikhs, Muslims and Christian Charities to propagate their religion is better than other religions. Muslims and Christians are using them to encourage conversions with anti-Hindu agenda and Sikhs are using them to spread hatred against Hindus as well to rewrite history that Sikhism is not connected to Hinduism in any manner. Largely underserved poor from all ethnic and religious back ground attend state/municipal schools famous for no teachers, no buildings or run down buildings with hardly any facilities for physical or educational training.

How does Children from a society especially like India with multi religious, multi region and multi groups with in one religion can forge an identity who grow up with different understanding of their country? How do citizens learn to live together and respect each other when they are raised in a hate filled segregated environment promoting one religion to be superior over others, one class from the same religion is superior to other classes of the same religion and one region of India is superior than the other?

2. Civil Service must be made compulsory for all citizens disregarding their social, political, religious and financial status for a minimum of 2 years during the age of 18 to 24. Serving one’s own community in India through civil service or military service with emphasis on service and self sacrifice will make sense. The minorities across the board whether Dalit Hindus, Muslims, Christians & Sikhs would have a better opportunity when demanding equality and respect.

3. A confusing constitution with special rights and privileges to one religion and few regions is most glaring deficiency of Indian democracy. India must ratify a constitution that enshrines equal rights and protection for all citizens; recognize all indigenous minority are separate religion from majority Hindu religion but still preserve the Hindu character of the country in the same way as America is quote, unquote a Christian nation but the Muslims, Hindus, Sikhs, Buddhist, Jain, Jews and other minorities has no trouble living there. A constitution is the ultimate symbol of national unity: One Country One Law; one document from which all citizens will be judged equally, fairly and respectfully.

4. India must abolish its caste, religion and region based Reservation policies in education, legislature and government jobs. This policy has failed to serve its purpose. Those who need help are not getting it at all. All financial help should be purely based on economic status of the family for basic necessities of life and education purposes only up to under graduate level. When it comes to professional/degree colleges and government jobs; Merit must prevail. Once they make it through merit the financial assistance can kick in again for those who need it and can not afford to pay.

5. To tackle the rising population, which is responsible for poverty to major extent. India must adopt 1 Child per Family for a minimum of 30 years. All Indians must understand you can not grow land and natural resources. India with over 1.2 billion people is already overpopulated, which is putting constraints on natural resources.  The adoption of 1 Child per Family is only possible when every body start thinking they are Indian first before they are any thing else.

Lack of Indian identity is tearing the country apart, why no Indian leader Political, Religious or Business has seriously gone down the path of installing an Indian identity among its citizens? Attacking external religious extremism has always been preferable to Indian politicians rather than confronting its own home grown religious fanatics and failures to provide for its citizens.

Indian political, religious and business leaders must pay attention to the vast majority of Indians whose voice they are ignoring. They are the sane and rational India with their hopes for better future, looking for progress, prosperity along with peace and harmony among all citizens. In the Parliamentary Elections their voices are barely heard because all the Indian Politicians are promoting their early 19th century policies based on caste, religion and backwardness not nationalism the “Indian Identity”. A new twist to make things worse is Israeli influence among the majority Hindu community in main political Parties namely Congress, BJP, Shiv Sena, Janta Dal and Samajwadi Party of Industrialist Anil Ambani. On top of that the Zionist Economic Policies Congress aka BJP have implemented in India are for rich only with no scope of economic progress for 90% of Indians. These policies will ultimately break India into pieces like Russia or make it a moral, ethical, financial and military wreck like America under Israeli slavery. If Indians are really serious in saving their country they must look beyond Congress, BJP, Shiv Sena, VHP etc. who are ruining India by accepting the Israeli slavery of India like America.  

Dave Makkar

I HAVE A VERY SIMPLE QUESTION TO ALL THE INDIAN LEADERS, IF THE ZIONIST ECONOMIC POLICIES HAVE BECOME A CURSE FOR AMERICA; HOW IT CAN BECOME A BLESSING FOR POOR INDIANS? 

SHAHEED BHAGAT SINGH "There can be no equality, not even in politics and before the law, so long as there is glaring inequality in economic power."

India has blindly adopted the Zionist Economic Policies, without taking into account America; a one time Super Power is barely crawling and can’t even walk under the load of these Anti-common people and Pro 1% Rich policies. The top 1% owns 43% of the US assets, 9% owns 40%, 10% owns 10% and bottom 80% owns princely 7% US assets. Today   America  has 50 mil people on Food Stamps, 20 mil unemployed, 30 mil under-employed, 16 mil children facing hunger, 2.5 mil homeless youth and 70 mil with no health insurance. Above all $17 Trillion external debts, $4 Trillion state government debt and $175 Trillion in unfunded liabilities. Today if you sell every American’s assets the total that can be realized is $78 trillion!

US Economic Policies a Perfect recipe to kill the   Main Street  of any Country (Data & Charts) 

http://americafraud.blogspot.com/2013/09/USEconomicPoliciesRecipeToKillMainStreet.html

READ THE FULL STORY

WILL MODI DUMP ISRAEL, AMERICA & THEIR PRO RICH ECONOMIC & FOREIGN POLICIES ADOPTED BY HIM, BJP & CONGRESS?