India gearing up towards g3/g4 nation status need to have
structural reforms. We cannot become a developed nation without these reforms.
Demonetization documented the money not in circulation. The
black money holders are in the radars. Also the digital economy has been given a
big push.
Demonetization arrested the jobless growth. The short cycle
of black money turning to gold and then to real estate to stocks ended. The
speculative dealings got reduced and hence this itself will shave off some GDP points.
This is an inevitable transitionary phase.
But it arrests jobless growth and parallel markets.
GST, real estate
reforms and benami act etc will not be brought in by anyone without the firm
will of shri. Narendra Modi, today looked upon by the world leaders as a man of
action. In my opinion no other person would bring these reforms with a firm
will, courage and conviction.
These reforms were taken in quick succession that made black
money transaction guys off the market. Now there is calm after all storms of
reforms. But the spring will restart with genuine growth. This growth path will
necessarily follow post reforms that took place in quick succession.
The mad real estate escalation is not there but some people
look at this as no growth. It depends upon what lens we wear when we interpret
the happenings around us. I only wear the lens of reaching G3 status quickly,
when I look at the happenings around me. Infact it checks speculation driven
jobless growth. Inflation is down we need to see that.
Jobs will happen but lot of self employment opportunities
arose with SME focussed finance schemes. A number of welfare schemes reached
the poor strata of society. The poor, the low middle and those who want an orderly
society are all with shri. Narendra Modi.
No need for panic.
There is now a fear to abide by the law which is important
in ensuring discipline in the country. People who never bothered to file income
tax return in the past in India, but are always appreciative of the American
way of law enforcement are now realising the need to file tax returns in India.
This is a great change.
Those criticizing may suggest ways to shore up the economy
after these reforms, which in the first place no one wanted to implement. The
discussions should focus on how we assist the country in moving towards G3 and
not on why reforms or on generating doomsday predictions. Let us be an agent to
spread positivity, air of optimism around us. Too much negative noises can only
pollute the environment.
In the earlier days, it
was a soft law and weak enforcement in the past. I have seen air passengers holding the waste
choclate paper in their pockets when they cannot access dust bins in Singapore
airport. But first thing he does when he reaches Indian airport is to throw it away on the Indian airport floor
with no hesitation. They do not look for waste bins and also do not hesitate to
throw away on the floor as soon as landing in India. We need to apply the same legal
sense that we follow in those law abiding countries.
Instead of being critics, it is better to strengthen the govenment
with positive suggestions.
May god bless our Prime Minister with more will power to
face these critics who are always waiting for slippages in the economy. When
reforms happen quickly, some slippages will happen. A calm sea never produces a
skilful mariner. We cannot discover G3 status if we navigate on shallow waters
near the shore fearing for slippages. I want to see G3 status atleast during my
life time. I see the winds of change in that direction.
A normal election winning political leader waits for the
wave and rides in it. But when the waves turn around, he gets panicky. But a
visionary leader like shri Narendra Modi builds the wave and then rides on it.
He does not believe in waiting too long for the waves to ride. This kind of
wave building may give us some jerks but we are sure to march towards our
destination of G3 in the near future.
We think of out of box solutions and suggest ways to government
via their interactive websites. The govt made public participate in the
governance of the country. Let us look for new ways of building the nation.
Do not ask what the country does for you but ask what we do
for our country. Even a baby step taken by us in the march towards G3 can
consolidate our nation. We can be a critic but we should also suggest the
alternatives to overcome those criticisms generated by us by participating in
the public governance platforms created for our suggestions.
We can avoid "I can only do?" theories but support
"I can also lend support to government" theory. – Drdd.
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