Quote:
Originally Posted by Cessna182 Thanks for justifying the deaths of a few hundreds who walked home from other states to their homes in UP and Bihar. It is just a coincidence that every other country with similar population density managed it better. Of course, maths and numbers and logic don't matter in the new India. Scientists, economists, folks with some training in epidemiology etc also don't matter as long as we have our daily dose of propaganda to calm our nerves . Good day to you. India is booming and on the path to become the next vishwaguru. People talking about the destroyed jobs etc are living in a fool's paradise.
Please delete if inappropriate. |
I have quoted stats, figures and data, you are the one who is not providing a single objective argument, and on top of that you seem to nurse a grudge against the "Northern States". For your information, the states of UP, Bihar and Rajasthan managed COVID far better than Kerala or Maharashtra. Again, stats speak here.
Quote:
Originally Posted by ABHI_1512 Glad to know of your views about the lockdown which ensured loss of lives, both actively and passively. Anyways, keeping the lockdown part aside, just some points that you have raised and kept it short under the ‘rationalisation’ word and about the reforms part:
Labour laws have been majorly diluted under the guise of reforms and the laws are now heavily against the folks working in factories, industries and other sectors. Sweeping exemptions from legal provisions aimed at protecting workers is not exactly a rational move, not certainly when such bills are passed forcefully under disguise and without any debates in the parliament.
Agricultural reforms as one would like to believe should have been welcomed, specially if the farmers are benefitting but that is not so, going by the protests across. Also, the talk about MSP is futile since MSP and procurement are effective for paddy and wheat only. Of course, we all want the farmers to benefit and not the middlemen. But reality is, it’s the middlemen who benefit the most and no government( state/centre) has been able to stop it.
I am quite surprised when you talk of reduction of informal economy through digitisation. It is well known that there is life outside the cities too !!
The reduction in corporate taxes was a huge disappointment and resulted in only revenue loss for the government. The steep cut from 30% to 22% was a regressive step and only resulted in steep loss without spurring any growth at all. So the rate cut was anything but ‘rationalisation’.
The less said about the GST roll out, the better. When everyone knows the hasty rollout was both ill timed and unnecessary, specially after the shock of demonetisation, I find it surprising that you think otherwise.
Not saying anything about the banks consolidation because at the end of it, it’s all about rationalisation.
While you say that it’s the most reform oriented government, the unemployment level was at the 45 year high before the pandemic. Reforms are nothing if they don’t bring you results and we all know the results.
Since some time now, we have been subjected to many rhetorics. One such rhetoric was that we will be an economic superpower by 2020. Now the goal post has shifted to 2024. We all will be happy to see our country grow and become the superpower but for that someone has to work diligently and not indulge in whataboutary all the time.
Recession is real and we all have been impacted in some way or the other. The first step in overcoming the situation is to admit that something is wrong and then work towards it. Just rhetoric doesn’t count and neither branding anyone who doesn’t agree to your views as being ignorant.
And yes, Jai Hind but regards as well. |
A lot of misinfo here, will try and address them succintly,
1 - Labour laws : Having the strictest of labour laws on paper from 1950 has harmed us far more than helped us. To cirvumvent these sometimes absurd laws (requiring govt permission in writing for sacking employees?) companies have resorted to hiring "contract labour".
No laws but minimum wage laws apply to contract labour.
Per the Economic Survey of India 2018-19, 93% of India's labour is in the temporary or contract space.
https://www.indiabudget.gov.in/budge...c/echapter.pdf
Of the 7%, only 30% are unionised. Which basically means of the approx 300 Mn non agri workers, only 21 Million are "organised and of the 21 Million only 7 Million are in unions.
Or in other words, 280 Million workers are out of labour laws precisely because of how rigid and stupid they were.
Do you know how many labour law compliances firms had to meet?
Central Laws - 45
State laws - 1,223
Now we have 52 laws total (and even this is a bit too much)
Having a bureaucratic hell hole of 1250 laws creates creates a lot of corruption. How is rationalising this down to 50 bad?
How is creating laws that push more 'unorganised' labourers into the ambit of organised sector bad?
Agricultural reform - If fARmeRs are protesting, by that logic only farmers from Punjab and Haryana are protesting, so we can argue that it is a sound law and the rest of India support it?
How is allowing a farmer to sell to anyone anywhere, including supermarkets and grocery tech aggregators bad? Why is mandating a 14 day payment window clause bad? Why is taking payment delays out of courts (and the judicial logjam) and putting it with local collectors bad?
Should poor peasants wait 6 months to get payments, and if they don't, wait 10 years after filing a case in our courts?
The law works, we have already had cases of farmers selling to dealers from outside their state, and then getting their money within days of filing a plaint.
https://www.grainmart.in/news/farmer...-compensation/
Please show me a SINGLE and I mean SINGLE advanced economy and here I include China, that has progressed with rigid labour laws and a thriving informal sector.
ps - India Superpower 2020 was a book written by the Great Kalamji, I don't think anyone seriously thought India would be a superpower by 2020. Can we break into the top 3 economies and unseat Japan by 2045-50? Yes. Will it with certainty become the 4th largest by 2028-30? Yes. Will it become a middle middle income economy with a per capita GDP of around $ 7,500 in nominal terms by 2050? yes.