A series of revelations over the last 6 months have now clearly shown that the current BJP led Indian government is blatantly manipulating and suppressing economic data to paint a fake picture of the state of the Indian economy. This includes manipulating GDP report, employment report, under-reporting debt and over-reporting how much investment is actually happening.
The truth apparently is this.
1) Urban and Rural Unemployment is at 40 year high
2) Foreign Direct investment is at a 10 year low
3) Indian agricultural income is at a 2-decade low leading to full blown farming crisis. This has been accentuated by this governments religious zeal over cow slaughter that has destroyed the livestock market.
The current government, instead of facing these issues, have directly interfered in the workings of the Reserve Bank and Statistics Departments to suppress these data from coming out,resulting in multiple resignations.
All these suggest that Indian economy is heading for a crash coupled with considerable amount of social unrest, all because of a government that is desperate to hide its ineptitude in the garb of fake data, fake religiosity and fake nationalism.
Here are the associated reports
Data Manipulation
Unemployment Data: Junk Nasty Jobs Report, Publish Favourable Ones! How to Believe Our Data?
High Unemployment
India's unemployment rate hit four-decade high of 6.1% in 2017-18, says NSSO survey
Farm Distress
What made rural India abandon its cattle in droves
Worst price slump in 18 years shows scale of farm crisis
Institution Suppression
Resignation of NSC members exposes government's unwillingness to tackle unemployment
Urjit Patel resigns as RBI Governor
And Ganga remains as polluted as ever. The pollution load even increased in many parts of UP, including Varanasi.
Ganga clean at just one out of 39 locations: CPCB
That is the brief summary of the state of India as it heads for national elections in 2 months time. Have a nice day.
The truth apparently is this.
1) Urban and Rural Unemployment is at 40 year high
2) Foreign Direct investment is at a 10 year low
3) Indian agricultural income is at a 2-decade low leading to full blown farming crisis. This has been accentuated by this governments religious zeal over cow slaughter that has destroyed the livestock market.
The current government, instead of facing these issues, have directly interfered in the workings of the Reserve Bank and Statistics Departments to suppress these data from coming out,resulting in multiple resignations.
All these suggest that Indian economy is heading for a crash coupled with considerable amount of social unrest, all because of a government that is desperate to hide its ineptitude in the garb of fake data, fake religiosity and fake nationalism.
Here are the associated reports
Data Manipulation
Unemployment Data: Junk Nasty Jobs Report, Publish Favourable Ones! How to Believe Our Data?
High Unemployment
India's unemployment rate hit four-decade high of 6.1% in 2017-18, says NSSO survey
Farm Distress
What made rural India abandon its cattle in droves
Worst price slump in 18 years shows scale of farm crisis
Institution Suppression
Resignation of NSC members exposes government's unwillingness to tackle unemployment
Urjit Patel resigns as RBI Governor
And Ganga remains as polluted as ever. The pollution load even increased in many parts of UP, including Varanasi.
Ganga clean at just one out of 39 locations: CPCB
That is the brief summary of the state of India as it heads for national elections in 2 months time. Have a nice day.