Even Rahul ‘Baba’ Gandhi cannot stop the Country’s progress
Raamdeo Agrawal makes no secret of the fact that he is a “Bhakt” i.e. a die-hard fan of NAMO.
At the same time, he does not fight shy of revealing that he does not have a high opinion about Rahul Gandhi, the scion of the Congress party.
“We are going to be a $10 trillion economy by 2030 .. this journey happens once in the lifetime of any Country … And we have a leader who will take us there,” Raamdeo said.
“And let me tell you this journey will happen even if Rahul Baba is there. Nobody can stop it,” he added with a chuckle, even as the distinguished audience burst out in laughter.
The Country is resilient enough to withstand buffoonery by some leaders who may accidentally come to power, is Raamdeo’s surmise.
Hinduism must be saved from Hindutva ! "I Am Reading Upanishads, Gita To Take On RSS, BJP": Rahul Gandhi https://t.co/JQozAww9h7 via @ndtv
— Sanjay Jha (@JhaSanjay) June 5, 2017
cant understand if you bashing Hindutva or making Fun of Rahul Gandhi????
— Straight Talk (@Babaiopine) June 5, 2017
Modi will solve the chaos of 60 years of leaderlessness
“India has the chaos of 60 years of leaderlessness,” Raamdeo said, his eyes welling in tears at the shenanigans of various unscrupulous political which have ruined the Country.
“We have become perennially patient,” he added, his shoulders slumped.
Then, his thoughts strayed to NAMO and he cheered up.
“Now we have a very strict headmaster,” he said.
“You know what happens when a strict principal comes in at school? All the chaos is over,” he added with a toothy smile.
Raamdeo is full of appreciation about the progress made by NAMO on the issue of “ease of doing business“.
“Lots of work has been done and lots of work is under progress. Foreign investors have started appreciating the pace at which the permission of doing business is given. Some of the State Governments are catch-holding the projects and the incentives been given. First time, I am seeing lots of encouragement being given to businessmen who are trying to setup a project in India,” he said.
#3yearsofModiGovt
Must Watch : Amit Shah explaining Modi Govt's achievement in Bahubali style.
Narendra Bahubali. pic.twitter.com/5l5Xd3kHj9— Deewan. (@NKDeewan) May 26, 2017
Bumper time for the economy under GST
Raamdeo explained that once the smooth operation of GST starts, it will provide a huge unifying factor for the country and provide ease of doing business for the whole nation.
He emphasized that under GST, tax collections will rise. Today it is about 10.5-11% and will be at least a percentage higher in 12 to 18 months time. This will give the necessary resources to the Government to further build infrastructure up.
End of policy paralysis, transition from ‘Incredible Gujarat’ to ‘Incredible India’
“This is a huge movement and this is a simple thing in the sense that it does not require foreign technology and it does not require foreign capital. It requires Indian material and the need is real. If you are able to broadly deliver on that promise, you can galvanise the entire economy to a different level altogether,” Raamdeo said.
“Something is rumbling, policy paralysis has gone, there is a lot of self respect, there is a lot of self confidence. It is not only incredible Gujarat now, there is incredible all the 29 states. Competitive state development has started. If you do not develop, you may not come back to power. There are a whole lot of good things. Cumulative, there is massive political capital with the ruling part,” he added.
Modi will smash the logjams that keep India in junkyard territory
Raamdeo snorted in disgust at the fact that a Country of the caliber of India is being clubbed with junkyard Countries by the World Economic Forum.
“If anyone can smash the logjams that keep India below Namibia and Azerbaijan in the World Economic Forum’s infrastructure ranking, it’s Modi,” Raamdeo said, his eyes sparkling in defiance.
India is a “super compelling story” and a “no brainer”: Vallabh Bhanshali
Vallabh Bhanshali is equally appreciative of the steps taken by NAMO with regard to the core issues of corruption, black money, digitalisation, GST, bankruptcy law, banking declogging etc.
“Corruption is a big block to Indians and after corruption we have to create ease of doing business and I think growth will follow. So the effort of the government to create that is absolutely fantastic to root out, go after black money, to digitalisation, GST, bankruptcy law, now the banking declogging. Those are equally important, not belittle the corruption free path,” he said.
He added that these efforts will result in double digit growth for the economy.
“The ground reality has started to change for serious. The way economy came back post demonetisation surprised most people and that is continuing. Over the next six months you are going to see earnings improve and you are going to see an investment cycle follow. This investment cycle in every big cycle comes in different forms and different directions so this time also it will be services. It will be startups. It will be small enterprises. It will be infrastructure before it becomes hard core manufacturing. So I can quite confidently say that the in next 12 months we are going to see all of these things,” he said.
“From a long term point of view, India is a super compelling story …. it is a complete nobrainer. Someone who is investing for 10, 15, 20 years, those who are investing in mutual funds and locking money in a systemic SIPs and products like that, there is absolutely no brainer, nothing at all to worry, it is time for action,” Bhanshali emphasized.
Other eminent thinkers join Modi Fan Club and endorse views
Raamdeo Agrawal and Vallabh Bhanshali are not alone in praising NAMO. Other illustrious investors such as Warren Buffett, Prem Watsa, Mark Mobius of Templeton, Hugh Young of Aberdeen, Bruce Flatt of Brookfield, Jamie Dimon of JP Morgan etc are also members of the Modi Fan Club.
Richard Rossow, an expert on USA-India policies, credited NAMO for attracting droves of foreign investors.
“Prime Minister Narendra Modi has personally inspired a high degree of business confidence with his focus on executing important national goals like electrification and financial inclusion, while also initiating new reforms in areas like coal, railways and defense, that are helping open new opportunities to India’s private sector. In addition, his party, the BJP, has been winning recent state elections — underscoring the point that voters are inclined to support these pro-growth policies,” Rossow said.
Even Jim Rogers, who is known to be a staunch critic of Modi, grudgingly praised him for his efforts on GST.
“I am amazed, shocked and stunned on GST … If Modi continues doing stuff like GST, then not just me, everybody has to pay a lot more attention to India,” Jim Rogers said, paying rich tribute to NAMO.
The only disconcerting comment came from Charlie Munger, the Billionaire investor who is also Warren Buffett’s business partner.
“India Is “Grossly Defective With Bunch Of Idiots”, Munger said in his typical dry style. However, it appears he has a different context in mind and is not attacking the policies of Modi.
Some of us complacent are celebrating even as job losses are increasing, farmer agitations are picking up and private investment in India is almost decade low. It is amply clear from the ill-conceived, even stupid, demonetisation that not much can be expected from the Namo brigade. After destroying the unorganised sector responsible for 90% of the new jobs since 1991, Namo’s CBI hit NDTV in a matter between private parties to send a message that even the organised sector will not remain free from governmental interference. The next 2 years will be spent in even more propaganda than the last 3, which means even lesser jobs on the ground. India lost its golden chance as the only strong economy in the world post 2008 via UPA corruption, and India is losing its second golden chance post 2015. Indian industry develops despite its government, not due to it, and nothing has changed on this front. Only a miracle can take India to double digit growth, not Namo.
Thanks Sherlock, for enlightening us. Always nice to meet a genius who knows more than market stalwarts and industry leaders even.
Thanks Abhi only a stalwart like you can understand whats going on in our country.All others like us are fools.Only we fools do not know that Ram Deo Agarwal is a stalwart and he is the greatest soul born in India to enlighten fools like us and also the farmers [Do they really matter?] of Madhya Pradesh who are no MARKET STALWARTS.Hopefully he is such a BIG STALWART that he will feed the whole country.[Hopefully with some food rather than Bu*****].
Well and rightly said
Is Ramdeo joining politics?
India has been progressing inspite of politicians and will continue to do so in future inspite of them.Present generation should thank these politician that they had delayed progress to their generation which other wise could have happened 25 years back.They should enjoy ongoing economic delayed party.
Simply brilliant…. Coming from someone of the earlier generation, I find it quite offensive you say this. Rather than we having a world class country your age politicians have given us a dirty, corrupt, failing Public Sector, bureaucracy, political setup, creaking or non existent infrastructure, unemployment etc and you tell us (current generation) to enjoy the party!!!!!
usually I fear to challenge kharb but I cannot resist..politics is everywhere…in workplaces, in offices, ….people study from Harvard and Cornell and get into politics…Indira Ji launched Garibi Hatao, Jayalalitha gave so much to the poor in TN, Modiji tried to free India of black money by demonetization, Akhilesh Ji gave free laptops and cycles to students in UP, Yogi Adityanath is waiving farm loans, Nitish Ji stopped liquor in Bihar, politicians are not always bad…it is very easy to type in this forum…when you actually face the challenge of working in a remote place say like Faizabad I would ask you ..whether you stay there or run away by shutting your office
So ramdeo, what great progress has happened in the last three years? Don’t tell us that you need another another 5 year term to fulfill all your great promises for India.
Mr Akhand,
Probably it’s easier for you to tell us all how dazzling was the progress from 1947 to 2014??
It surely will be blinding in its shine but we don’t mind being blinded by your cutting insights on this.
Ramdeo made his fortune majorly during Congress ruling ( 1991-2014 except 1999-2004). So has he forgot that he made all those fortunes during the absence of his strict headmaster ???
Didn’t know Congress helped Stock Gurus aswell. Am not surprised they did…. Probably Congress must have got cuts from them too
It is ridiculous to see the hate for Modi amongst educated people. Go and study what China did since 70s and how IndiraG destroyed India and sent it back 30 years. Minus the congress rule, India would have been a 10 trillion USD economy in Y2K itself. Now we have to wait till 2030. A whole generation, that of our parents, have been denied the fruits of their labour by Congi idiots.
As for increasing protests under Modi, that’s because Modi listens to problems and solves them. Armed forces had been asking for OROP since IndiraG’s time but no one listened. But army men protested only under Modi because they knew he would listen and he did. Even farmer demands have been accepted. For the first time there is a PM who is a grass root Indian and understands the pain of India unlike the foreigner and their slaves that Congress heaped upon us.
Thankfully, the idiots who hate Modi are in a minority and he is going from strength to strength. Every election Modi wins is a slap in their face.
Modi alone cannot change our country,people under Modi are goonda’s, look what happened to ndtv raids, the present govt is just using its power…beef ban,demonitazation…… this is not secular India, they are changing the whole constitution according to their own whims and fancy. If we dont stand up each one of us will have to tightly slap on our own faces.
Please explain what’s wrong with NDTV raids? If you run a TV channel, does that give you immunity from law?
As for beef controversy, Modi himself called gaurakshaks as nuisance. He cannot go and police everyone personally though. Law and order is state subject.
Farmers demand have been accepted – so Mr Foo loan waivers is a good thing is it??
Farmers don’t get the right prices – is it? Maybe thats the case when compared with the retail prices. But why does the best Chickoo in India sold for 15/- per kg ends up getting sold for 10/- per piece in Mumbai??? Ahhh yes that’s because of a set of middlemen (I think the right word is bloodsuckers/parasites) who make money in between
Farmers are the exploited lot – is it? Why isnt anybody going for another class of parasites – unorganised moneylenders
TV Channels being raided – well some of the channel owners and producers can rightfully be arrested for slandour, anti-national utterances etc – stuff which thy get away with which even the USoA wouldnt tolerate. Being raid for dubiouis transactions probably in breach of laws of the land – need to be investigated. Does anybody disagree?? If yes, then he should stop compalining about everything wrong that ails this country of ours
At least the farm loans are being waived off. Yogi Adityanath is waving farm loans, Devendra Fadnavis is waving farm loans, the late Jayalalitha waved farm loans. I think this great move. All the farmers in these states are getting benefited. This will help them from exploitation from money lenders. You may argue that in a mediocre restaurant one chapatti is sold for 20 rupees whereas you may get 1 kg wheat flour for 20 rupees ?
All you want to do is justify the operations of MFIs ? Why use poor farmers ?
Ya… No better measure that waiving loans. Keep giving loans to farmers and every few years keep writing off. So what if it runs into a few lakh crores.
Indeed good leaders are those who waive loans and not the ones who believe in adopting the road of fiscal prudence, inflation management etc etc
After all RBI is always there to keep printing notes to fund the deficit.
Unfortunately in your restaurant example I see no relevance to the issues farmer face or how prices skyrocket by the time fruits/veggies reach the retail market essentially due to the profiteering by middlemen
Yes, the govt. decision to wave farm loans is very good. It will benefit the farmers of the country.
The example of produce costing much more than the sell price of original producer do keep in mind that these middlemen are the ones that take the produce to the end consumer. They are providing a service as the restaurant owner, who actually maybe under paying his cook in comparison to the profits.
I know this is against the “politically correct” view that people hold but have you ever imagined what would happen to the farmers in absence of these middlemen. Their products would rot because nobody would buy them.
This is the world , everybody thinks only for themselves, not for others.
Honestly,
What we have is what we deserve!!!!!!!!! whether it is corruption, exploitation of farmers and unorganised labour etc etc etc….
Gdp was supposed to be 9.2 to 10 this year.due to govt intervention now its at 7.5.pl wake up
GDP was to be 9.2-10%….. really.
Can you provide the source (reliable I hope) of this estimate / info
I wish to wake up to this instead for to be honest I must have been sleeping through this piece of news
It is shocking that educated,well read people think that Modi is doing things wrong. India was wrecked by the congress party in it’s decades of rule. The changes under Modi are structural, and you have to look at the stark difference at ground reality.
Why are pseudo-liberals crying for Porki channel of NDTV ? Have you bothered to even look into the management siphoning off money from the company for personal use and using benami shell companies to route hawala money. IT department was instrumental in unearthing this fraudster company owned by James Roy since 2012, but was stopped from taking action against them by UPA regime.
At last, NaMo has taken the right decision to investigate these fraudsters who run away with investor money or drown them for political gains.
Yes, I am critical of NaMo on Black Money issue. He could have and he should have gone for recovering those from offshore banking accounts with inputs from experts, but till date he has not. Dont know why? that could have been the game changer for indian economy and infrastructure. 120 billion USD is lying as a waste in offshore accounts.
http://www.caravanmagazine.in/reportage/the-tempest-prannoy-radhika-roy-ndtv
This forum was a rich source of information till the name of MODI appeared and it got owned by political slugfest. Instead of forcing your political views on others if people invest this time in studying market, they would enjoy better dividends.
Dear ,Maket has made new high ,valuations may not allow it to go substantially higher and domestic liqudity and absence of sellers will not allow it to correct significantly ..So no body will miss anything by wasting some time on politics .After all our poticians has done so much harm,we need to spend some time to pull their legs.
Modi ji Modi ji Modi ji Modi ji ki jay ho! Modi ji ko jay ho! Modi ji ki jay ho!
Desh ka neta kaisa ho?
Modi ji jaisa ho. Down with anti nationals. Deshdrohi murdabad. Modi ji ki jay ho.
Definitely Modiji, deserves appreciation, if for nothing then at least for trying. At least he made an effort.
For NDTV Story..please watch this one –
https://youtu.be/zJJZtQ6SPDs
i tax payer, all my money going on modi foreign trips
@bholu,
So I have an agricultural background and my family is thrilled at the prospect of loan waivers. The entire family has stopped repaying the loans,. Opened new bank accounts and transferred all the balances into the new accounts leaving the lending bank’s with accounts with zero balances to debit.
Not that it’s difficult for us to repay… But hey the family says we are the kings of good times. Why pay when loans are meant to be waived ??????
What else….. All our agricultural income is tax free. No govt will have the guts to bring agricultural income into the tax ambit though we all think that rich farmers like us should be taxed… Which can cross subsidise and benefit marginal farmers.
I do hope you are inclined to politics and become the Finance Minister….. All loans would soon be waived… I mean not just of we farmers.
You talk of middlemen being the reason why farmers remain alive…. Well I would suggest you do some reading on the superlative services the middlemen provide in making the farm produce reach the consumer.
Btw, one of my uncle leads the district initiative to sale the produce directly by-passing the multiple layers of middlemen in between the farmers and consumers and whose only objective in life is to resist reforms, run an opaque marketing chain which ensures their pockets remain filled and the farmers remaining the exploited lot.
this is the problem of this forum…whenever you try and speak the plain facts people get offended, why did the people vote for people who promised them farm loan waivers ? people are burning down property, rioting what can the government do ? did I tell them to vote for politicians who go for farm loan waiver? over the years the govts. in southern states have repeatedly given farm loan waivers in Andhra, in TN, in Karnataka then nobody complained ?
these head of PSUs banks, when the industry and corrupt businessmen cheated them out of lakhs of crores they said it is slow down, recession, nothing to worry ? Now they are crying foul, they should immediately quit these posts ?
FM Arun Jaitley has said that centre will not bear any cost of these waivers.
I do not want to make any political statement but it was only when the BJP led government started to wave loans in UP this whole political slug fest has started Protests emerged in MP, Maharashtra, I see a great conspiracy behind this, nobody wants the state to prosper ..nobody the people of state to get some benefits ?
As far as the initiative of your uncle well he is doing great work, if such services can be provided to farmers that is great but for farmers who do not have them, they have no option but to sell them to middlemen
taxing of farm income…we all know that will be political suicide ?
the final point? if the people want to repay loans and pay taxes no government is stopping them?
Do people get offended here?? Since you mention it you must feel so. I dont think so. Maybe its a feeling in you which stems when somebody opines on a subject matter contrary to your views.
Hear the farmers are planning an All India agitation for loan waiver. The fishermen in Maharashtra are planning a similar agitation. Soon we will have industrialists, students, home loan borrowers, credit card holders etc etc initiating similar agitations. I suppose this would be the best thing to ever happen. After all, loan waiving is a good thing to do.
Well you are entitled to your opinion as anybody else..somebody suggested that I should become FM and waive all loans…and they stopped repaying all loans because govt waived loans of farmers in UP…now, I really did not see the connection to my opinion that govt. was right in waving loans in certain states in me becoming FM or people stop repaying loans..did the banks develop lakhs of crores NPAs …is that why all industrialists stopped paying all loans…at least get your facts right before you make any statement …and this is democratic country…everybody has right to protest…i just hope those protests are peaceful and no damage is done ?
Ofcourse I am entitled to my opinions and didn’t need anybody to tell me about this fundamental right of mine.
Any failure to see the connection between you becoming the FM and loan waivers is best clarified by this somebody who wishes you become the FM.
Reading the thread, My intellect tells me that since you believe that waiving loans is a good thing and good politicians waive loans, you should become the FM so that you are then in a position to waive all loans. This would probably avoid all the violent protests that are likely to erupt with various groups soon beginning to demanding loan waivers for them as well.
Now it isn’t me who links industrialists not paying up, banks straddled with NPA’s etc etc to loan waiver of farmers and/or you becoming the FM. I thought this was clear from my posts. Maybe not for you with the prevalent confused state.
Bottomline – I dont need to get any facts right.
Now waiting for protests by home loan and vehicle loan takers (like you said ours is a democratic country and everybody has a right to protest)…. have these outstanding and hope protests will lead to waivers. it’s good for me and I suppose that all that matter. The problems it will create for the country shouldn’t be any concern of mine.
I could have a given a strong reply to your “opinion” but I am refraining because I avoid personal comments and I was right …this forum is not for fact based discussion so really there is no point in discussing anything
Everbody here forgetting the fact that the platform they stood up on is not made by Modi or his party, A country fought many wars does not even had an airline or aeroplane to travel and so much of differences had grown more thaN expected in congress regime only . IS IS NOT MADE IN LAST TWO OR THREE OR FIVE YEARS BUT IT GROWN IN 60 YEARS OF INDEPENDEANCE
so we all know what is the current state of Air India, i think the govt. is taking the right step in selling it…hopefully after privatisation it will no longer be the “jagir” of MPs/MLAs and their staff will be treated with respect
but yes as I already wrote over the years politicians across party lines have made a contribution
Ramdeo Agarwal was in the market since 1987 =probably has gone through many
scams of the Indian stock market-most of the brokers of those times were involved in the scams
they were not caused by Congress -they were caused by the brokers – mainly from his own community.
This had an adverse effect on the investing common people who still believe that stock market brokers are a dishonest lot
What is Ramdeo agarwal ranting about honesty of govts.?
he was part of a system in Stock market which was ultimate in Scams.
Did he resign of go home or raise his voice? No
He made his money.One can go on and on.
And how is the health of stock market connected to 60% of the India that is dirt poor? How are they going to benefit from a Jhunjhunwala or an Agarwal?How very selfish is a person?He is not Warren Buffet to donate his wealth.No wonder India is a country without conscience for its poor!
Give a strong reply Mister…. nobody is scared!!!!!
And if you think this forum is not fact based discussions – never forget that one’s fundamental rights also include the “right to remain silent”. So maybe its better (for you) to exercise this right
nice read
http://economictimes.indiatimes.com/news/politics-and-nation/karnataka-waives-crop-loan-up-to-rs-50000-per-farmer/articleshow/59252112.cms