Tuesday, October 19, 2021

Partial Mea Culpa. But PC Still Can’t Bring Himself To Accept That Dynasty Loyalist Jairam Ramesh Wrecked Economy

Must Read

Covid And The Global Warming Fraud

Educated Indians fall for every fraud that comes out of the west. In the awe of the Colonials, everything...

COVID And The Economic Illiteracy Of The Educated Indians

The Indians who live in the Europe or North America retain their economic illiteracy all their lives in those...

The COVID Pandemic

1. Of the major countries at war in the WW II, the US and the UK lost the least...

IMG_5499

 

Former finance minister P Chidambaram has accepted that it was because Congress destroyed Indian economy that it lost the 2014 elections. He has also accepted that inflation results from government spending more money that it earns.

But he has not added that it was simultaneous dismantling of Indian economy by the then Environment minister Jairam Ramesh that literally choked economic activity in India. This led to investors withdrawing from India, domestic businessmen shelving plans to start new ventures, and effect cascading to all sectors of economy. So jobs disappeared, and businesses that were started in the hope of high growth rate continuing, were left with no demand, and thus were unable to repay high cost debts taken.

 

Read the whole article here.

- Advertisement -
- Advertisement -

Latest News

Covid And The Global Warming Fraud

Educated Indians fall for every fraud that comes out of the west. In the awe of the Colonials, everything...
- Advertisement -

More Articles Like This

- Advertisement -