In the midst of hue and cries of
Anti-National Brigades with Pakistan and its sponsored Islamic Terrorist
Organisations there is another propaganda usurped. Many are showing concerns
about the Economy of My Country India. It is Good Sign not to remain
indolent to National affairs.
BUT
Are these Concerns really alarming?
Are these Concerns are Real or mere propaganda to weaken faith on Indian
Government? Those who paying concerns are really trustworthy?
Though this Subject needs a detailed presentation and not possible to place all the things in this post,
although I will try to make you understand the whole thing with key points.
First, be clear that the whole
world is reeling under economic slowdown. Since 1993, the global economic slowdown
is coming on regular intervals of 3 to 5 years. Last time we have experienced
it 2009-2013, and now since 2018. The Global demand of Steel, Coal etc are
declining, the production of Vehicular manufacturing is going down. So it is obvious
that Hindustan’s Economy has under similar pressure. Besides this, every economic slowdown is
followed by a debt crisis. It is a simple formula, whenever someone faces a financial
problem he lends Money from external sources, and before repayment, if the
financial crisis returns the Debt also increases. The Debt Crisis is a Global phenomenon,
from very rich to Poor Country reeling under a similar situation; Hindustan
is not only a Single Country which faces economic slowdown and debt crisis.
Now come to Debt situation of
Hindustan in correspondence to other world countries, according to BIS, the Global Debt was accounted
71% of GDP in 2008, which was increased to 114% in 2016. The main cause of the
increase of the Govt Borrowing is increasing credit finance non-financial
sectors. China’s total debt is 5.1 trillion US dollar, which is 45.45% of the
country’s total GDP. Whereas China’s Inflation stands as 6.8%. Similarly, America’s
total debt is 21 trillion US Dollar, which is 107.09% of the Country’s GDP but
the Inflation remained low to 2%. Brazil’s total debt stands as on today is
1.57 trillion US dollar, which is 77.40% of the GDP, whereas Inflation is
2.86%. Canada’s Total Debt is 898 billion US dollar, which is 60.10% of the GDP
and Inflation is 2.2%. Hindustan’s Total Debt stands as on today is 1.01
trillion US Dollar, which is 44.82% of the Total GDP and Country’s Inflation is
4.87%.
Some of the Social Media Posts
criticizing the Indian Government for the slowing down of the manufacturing sector.
They might forget that the demand for manufacturing goods change every century
and the time interval. In 1784 during the 1st industrial revolution the
Demand was mechanization, Steam Power and weaving (Power) looms, 2nd
Industrial revolution during 1870 the demand was Mass production units,
assembly line and Electric energy, the 3rd Industrial revolution
(1969) was Automation Computers and Electronic goods, the Present Industrial
revolution is Cyber-Physical systems, Internet of things, networks. United
Nations Industrial Development Organization report (Industrial Statistics 2019)
says, “World manufacturing value-added rose by 3.6% in 2018, slightly lower
than the 3.8% recorded in the previous year. The slowdown is mainly attributed
to the emerging trade and tariff barriers involving the USA and China, as well
as the USA and the European Union, which is exposed markets to a significant
amount of uncertainty.”
I again reiterate, don’t listen
to these SECULO-LIBERANU LEFT CONGI BRIGADES’s PROPAGANDA as they are far from
the reality and living in a world of own. India’s Future lies its Software and
Cyber technology, Chandrayan is a major step. Every Indian should Think India
that is Bharat or Hindustan Is their Country and will contribute their best for
its development. The most important thing they can do is to upgrade their
skills, Materialise their Novel Ideas. Without NATIONALISM and LOVE FOR MOTHER
NATION this never can be achieved.
Vande Mataram
Jai Hind
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