Indian Economic Slow Down: What Jairam Ramesh And Sonia Gandhi's NAC Wrought
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"Iron and steel factories are shutting down all over India,"-a businessman. What Jairam Ramesh and Sonia Gandhi's NAC wrought: 1. They brought down the GDP growth to 3.5%. That meant people lost jobs, and new entrants did not get jobs. 2. If people do not expect to hold jobs for next twenty years, they do not buy houses. 3. If people do not buy houses, new houses do not get built. 4. If nobody is building anything new, Iron and steel, and cement factories also, do not get orders and close shop. 5. Banks get NPAs. New loans are also not taken. Their earnings nosedive. 6. Because businesses are closing down, and new are not being set up, people do not get jobs/lose jobs. 7. Because people are not getting jobs/losing jobs, they do not buy houses........
Indian Economic Slow Down: What Jairam Ramesh And Sonia Gandhi's NAC Wrought
Indian Economic Slow Down: What Jairam Ramesh…
Indian Economic Slow Down: What Jairam Ramesh And Sonia Gandhi's NAC Wrought
"Iron and steel factories are shutting down all over India,"-a businessman. What Jairam Ramesh and Sonia Gandhi's NAC wrought: 1. They brought down the GDP growth to 3.5%. That meant people lost jobs, and new entrants did not get jobs. 2. If people do not expect to hold jobs for next twenty years, they do not buy houses. 3. If people do not buy houses, new houses do not get built. 4. If nobody is building anything new, Iron and steel, and cement factories also, do not get orders and close shop. 5. Banks get NPAs. New loans are also not taken. Their earnings nosedive. 6. Because businesses are closing down, and new are not being set up, people do not get jobs/lose jobs. 7. Because people are not getting jobs/losing jobs, they do not buy houses........