Modinomics 3.0: CII Roundtable On Budget 2024-25 And Fiscal Strategies Under Modi's Governance

#modinomics #budgetwithbt #unionbudget2024 #budget2024 #ciiroundtable #nirmalasitharaman
"Modinomics 3.0": Listen in to the the India Today-CII Roundtable event focused on Budget 2024 and its implications under Modi 3.0 governance. Highlighting efforts to trim fiscal deficits to maintain financial control amidst coalition pressures, the discussion underscored the government's strategic economic policies. This session marks the inaugural budget under Modi 3.0, addressing critical fiscal challenges while aligning with national economic goals.
#IndiaToday #CIIRoundtable #FiscalDeficit #EconomicPolicy #ModiGovernment #FinancialControl #EconomicGoals #IndiaEconomy #governance #FiscalStrategies
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[@pardeeptandon]

We have never heard our Industry captains criticise the government budget they always give every budget 8 out of 10. And they will the do the same again tomorrow.

[@pardeeptandon]

Increase in GST collection is primarily due to increase in inflation

[@pardeeptandon]

The GDP per capita of India’s during Manmohan Singh decade jumped by 2.5 times while Crony capitalism could manage only 1.8 times jump. Manmohan Singh could increase FII & FDI inflows from 0.7% of our GDP to 1.7% .while Vishva guru has reduced it to 1.47 % . If we are the fastest growing economy in the world then why foreigners are not setting up factories in india? Especially when the world is following China plus one policy and we have drastically reduced cooperate taxes in 2019.

[@ravibedi1939]

No Govt will ever address the monimental horror of the unchecked population growth that is impacting lives of common man in every aspect of life. Imagine the evergrowing demands of employment against the declining availability. A monumental problem that noone is keen to address with the seriousness it deserves. I wonder if Mr Modi will apply his mind in this direction and live up to his image of '''Modi hai to mumkin hai". Otherwise, we are heading for huge unrest and civil war at sometime in the near future.

[@pardeeptandon]

In the last decade we have become more off a trading nation than a manufacturing nation as contribution of manufacturing in our GDP has gone down from 17% to 14 %. Resulting in massive unemployment. Today higher percentage of women are wage earners in Conservative Muslim country like Bangladesh than in India. Taxation on manufacturing should be reduced while compensated by increasing taxation on trading. During Manmohan Singh decade our GDP grew 2.83 times while Crony capitalism of Modi could manage to only double it.

[@sundareshanal1849]

CMIE has been a partisan agency and its conclusions are severely contested.

[@pardeeptandon]

Labour costs in India is one fourth of China why China is the factory of the world and not India? Most Chinese companies are PSU. Does it mean Bureaucracy in China does capitalism better than private capitalists of India?

[@justcurious40]

Indian Industry is a pampered talk shop. In this time of booming market all that the industry is interested in is to window dress their balance sheet and make bullish talk. Nothing fundamental is being attempted . It is all PR and no investment. After all if you can make money with your stocks valuation then what is the need to do anything business wise. 70% stocks are still owned by promoters. All they want to have is market valuation spike. Indian industry is playing super conservative and shunning investment and research.

[@rajendraprasadas6516]

PRE BUDJET ROUND TABLW JANTA HOPE NOT LIKE 2024 LOK SABHA OPINION POLL FIXING 400 M P SEATS