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Across almost all metrics, infrastructure, corruption, ease of business, electricity, even cleanliness India has improved on. This isn't just another election y
by thevardanian 8y ago
Across almost all metrics, infrastructure, corruption, ease of business, electricity, even cleanliness India has improved on. This isn't just another election year innovation, this is just another list of innovations that have been added, which also include things like investments in clean energy, and providing rural impoverished citizen with gas to cook (people in rural areas would cook in wood fired stoves that would produce a lot of smoke and be terrible for their health).
You can be a pessimist, but I don't see that, and most investors are very optimistic about the Indian market.
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- l8again 8y ago>> Across almost all metrics, infrastructure, corruption, ease of business, electricity, even cleanliness India has improved on. Source?
- dominotw 8y agoIsn't this true almost everywhere in the world most of time?
- mandeepj 8y ago> Across almost all metrics, infrastructure, corruption, ease of business, electricity, even cleanliness India has improved on You are drinking ruling party’s a lot of cool aid
- thevardanian 8y agoWhat are you talking about? There are very few metrics that you can list that show a decline. So how about you show me the data for decline.
- pavanred 8y agoHow about freedom of press as an example (World Press Freedom Index) 2018: 138 2017: 136 2016: 133 A good rule to follow, formulate an opinion after you gain enough facts to argue the other side, else you'll keep seeing only what you want to see.
- vthallam 8y agoYou can't pick one index to your convenience and even then, I have looked at the website - https://rsf.org/en/india https://rsf.org/en/india which I think is your basis of the rankings. Their headline was > Deadly threat from Modi’s nationalism Scaremonger much? I don't buy the fact that in the Internet age, you have to be some reporter to write against the government policies. If someone has any groundbreaking evidence against anything wrong the government is doing, all it takes is one youtube video anonymously. They rank the United States at 46, the United Arab Emirates at 128(better than India) and India at 138. Seriously? There has been a mention of 3 isolated incidents against journalists who were affected. All these are criminal incidents where the police have started investigating, just like the thousands of criminal incidents against ordinary Indians. There has never been a prime minister who was hated this much by an Opposition and god forbid there will never be. I really hope the opposition in India talks about development than scaring ordinary citizens, after 4 years of peace, you can't scare them.
- pavanred 8y ago> I don't buy the fact that in the Internet age, you have to be some reporter to write against the government policies. We don't need reporters anymore because we have the internet? :) I won't engage further. You're free to believe what you want, but here's what I would like to say - You can interpret the current situation however you want, but others might disagree. And, anyone that disagrees with you or criticizes the govt, isn't necessarily the opposition or the enemy. - The govt is not a victim of opposition's hate, opposition and press are free to and supposed to criticize the govt, and they always have.
- thevardanian 8y agoIndia has been in a downward trend in terms of freedom of press since 2011. Unfortunately. Rather than being prentious and accuse others of being half asses, or ignorant, I suggest you only stick to facts as you claim you do. I am most definitely not denying that everything is perfect. There are things that have gotten worse, however the benefits of what have gotten better are far more tangible, real, and affect daily life than this one data point you provided. There are others which are more tangible that India has faultered on, but again the good far outweighs the bad.
- allpratik 8y agoThis is totally wrong information about the current state of affairs of India. 1. Ease of doing business The Indian government had stopped LLP registrations all together for no official reason. For Pvt ltd registrations from past June 10th rejections to form a new company or even subsidiary company has skyrocketed. Source: LLP halt is reported in media, which still has some spine to stand against the government. Regarding rejections, all data is hidden even from RTI but you can talk with literally any CA/CS to understand the nightmare of MCA. 2. Investors Its straight 5th-year FII has removed billions of dollars from the Indian market. Still, Indian Sensex is surging on the wave of the domestic mutual fund industry. Those "mutual funds Sahi hai" ads didn't start out of nowhere. There's no problem with the rise of the mutual fund industry, but to use it as a parameter for Indian economy's performance is nuts. Actually, rational investors are actively avoiding the Indian market. Source: moneycontrol.com Regarding corruption, infrastructure, education, jobs, credit rates and liquidity and other macroeconomic parameters, in general, are totally telling a different story. It would be really good to have the facts for all of the above claims. If I get to see the facts, I'll be satisfied with the claims. Wake up before its too late! I just want people to question their government rather than defending them, irrespective of any political party. Edit: Fixed indentation.
- thevardanian 8y ago1. Business Ranking "India climbs global business ranking. But it's not that simple" https://money.cnn.com/2017/10/31/news/economy/india-ease-of-doing-business/index.html https://money.cnn.com/2017/10/31/news/economy/india-ease-of-... 2012 - 132 2013 - 132 2014 - 134 2015 - 142 2016 - 130 2017 - 130 2018 - 100 http://www.doingbusiness.org/data/exploreeconomies/india http://www.doingbusiness.org/data/exploreeconomies/india Samsung is also opening the world's largest Mobile phone manufacturing plant in India. That's a tremendous investment from them. 2. Corruption India's Corruption Ranking 2011 - 95 2012 - 94 2013 - 94 2014 - 85 2015 - 76 2016 - 79 2017 - 81 https://tradingeconomics.com/india/corruption-rank https://tradingeconomics.com/india/corruption-rank 3. Infrastructure Road construction by km per day built / awarded "While a total of 4,410 km highway stretches were constructed in 2014-15, it increased to 9,800 km in 2017-18." Furthermore just look at the spending. It's booming. https://timesofindia.indiatimes.com/india/highway-construction-doubles-in-4-years-with-27km-a-day-in-2017-18/articleshow/63601035.cms https://timesofindia.indiatimes.com/india/highway-constructi... 4. Electricity There's pretty consistent growth, although growth isn't the only story. A strong reliable grid is also important, along with having investments in green technology to make the electricity generation more green. Reliability isn't up to standards yet, but it has gotten better, in my opinion. There have also been tremendous investments from the government in green tech, like solar. https://tradingeconomics.com/india/total-electricity-output-gwh-wb-data.html https://tradingeconomics.com/india/total-electricity-output-...
- pkphilip 8y agoThe best way to judge your theory that the overseas investors are so very optimistic about India is to simply follow the money. Contrary to what you are saying, the data actually says that there is a huge outflow of funds from India. https://www.moneycontrol.com/news/business/markets/fiis-pulling-money-out-of-india-but-we-keep-a-sensex-target-of-36k-for-june-2019-ridham-desai-2582875.html https://www.moneycontrol.com/news/business/markets/fiis-pull...