Friday, 1 November 2019

Economic Growth

Economic Growth should be achieved but without the cost of Inflation. Should not repeat mistakes of past. High inflation  will rob wealth of poor and middle class.
Growth should be achieved through:
Creation of infrastructure like roads ports highways warehouses etc...
Creating meaning work for all
Social security measures like food, house, education, hospitals for those who cannot afford
Creating Top class defence 
Manufacturing and Service of world standards
Recycling waste 
Environment friendly energy for all
Top class technology
Happy People
Some of the actual steps taken by GoI
Rs 2.5 lacs crore recapitalization of banks and another Rs 3 lacs crore recovery of NPAs
Banking system was in a mess which has started recovering
Rs 5 lacs crore disbursed by banks in last 2 months
Rs 100 lacs crore planned for infrastructure
Rs 25000 crore given for real estate revival fund
Taxation being rationalized for boosting spending
Electricity and broadband connectivity in every village to steer economic activity PAN India

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