SAVE SELF-EMPLOYED SHOULD BE THE ‘MANTRA’ FOR THE BUDGET 2020-21 (1)
This post was first published on January 9, 2020 in view of the approaching budget.
Strict control on population helped the Chinese economy but China like population control is not possible in India.
—- When the union government completely curbs unnecessary imports in agriculture as well as in the manufacturing sector, only then the consumption of 135 crore people can contribute to the prosperity of the Indian economy.
SAVE SELF-EMPLOYED SHOULD BE THE ‘MANTRA’ FOR THE BUDGET 2020-21 (2)
This post was first published on January 12, 2020 in view of the approaching budget.
If 45% of the GDP of a nation is from the production sector i.e from agriculture, industry, mining, construction etc, can it bear the weight of the service sector which is 55% of the GDP? It is certainly possible if that nation gets the required income from foreign assets or through foreign investments. But such income comes nowhere near the major or additional problems of India, like repayment of the loan and the ‘interest burden’.
Therefore, India can develop only through agriculture, industrial production
— ‘IMPORT DESTROYS JOB CREATIONS, PRODUCTION CREATES JOB OPPORTUNITIES’!