PM's Bogus Claims of India OVERTAKING China
Ashok T Jaisinghani
The Narendra Modi Government is making BOGUS CLAIMS that India has OVERTAKEN China by having a GROWTH of 7.5% in the GDP, which is FASTER than that of China. How could the Indian ECONOMY have grown 7.5% in the quarter ending in March when the SENSEX had FALLEN from about 30,000 points to less than 28,000 points?
Will the GDP of India grow FASTER if the SENSEX were to FALL to about 25,000 points? The BJP-led Government of Narendra Modi should STOP FOOLING the Indian PEOPLE by making FALSE CLAIMS that India has OVERTAKEN China by having a FASTER RATE of GROWTH in the GDP.
We must accept the FACT that the GDP actually FALLS with the STEEP FALL in the PRICES of SHARES. So the GDP must have actually had NEGATIVE GROWTH in the quarter ending in March.
Prime Minister Narendra Modi must have got the PLANNING COMMISSION ABOLISHED just to THROW DUST in the EYES of the PEOPLE!!
Narendra Modi is definitely a GREAT EXPERT in POLITICS, but he does NOT KNOW much about ECONOMICS. With the MA degree in POLITICS, the Prime Minister is academically and professionally QUALIFIED as a MASTER POLITICIAN.
Narendra Modi had SHUT DOWN the Planning Commission because he was getting an INFERIORITY COMPLEX when he met EXPERT ECONOMISTS to discuss ECONOMIC ISSUES like Planning and Development!! Narendra Modi is SCARED of FACING the TOP ECONOMISTS in any debates on India's economic problems!!
Narendra Modi just does NOT WANT any GENUINE ECONOMISTS to CHALLENGE his FALSE CLAIMS and BOGUS ACHIEVEMENTS.