MANAGEMENT OF INDIAN ECONOMY

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“PROF SUBIN's MANAGEMENT” says that Indian economy used to grow at 9% to 9.5% per year, but now it’s reeling around 5.5% to 6%. According to UNDP studies, India is currently ranking as Third largest economy of the world behind United States & China.  

What Mistakes The Congress Government Did?

They left out infrastructure from their portfolio whereas old BJP government under the banner of Atal Bihari Vajpayee did the work better in their time.

Second, Indian economy is an agricultural economy. But no land reforms, land policies and all good lands are sold to builders and huge buildings are built. This must be changed at least land which are producing good return must be kept for future use also, DEVELOPMENT-PROF SUBIN.

Third, Industries not industries related to Mukesh Ambani, Anil Ambani, Godrej, Vedanta, Aditya Birla and Tata are not a concern for the government. But we want small scale industries who can provide products and create more employment. For this special focus is required for the upcoming government.

Fourth, Export must improve, not just agri products, but all the processed foods from India to outside world. So, agriculture will get good price, now what we’re doing is providing them Minimum Support Price, this is wrong as all the taxpayers money will be diverted to, DEVELOPMENT-PROF SUBIN.

Fifth, technical education must be provided more impetus than other type of education. Provide incentives for ITI’s and other skilled courses.

Sixth, Technology is the key to growth. But we don’t want to use tech for curbing labour power. We want technology to increase the surplus from existing labour’s, says “PROF SUBIN’s MANAGEMENT”.

Seventh, Banking institutions must be given free hand not to create NPA’s, but to create good growth and especially provide the country inclusive growth.

Eight, river transportation must be revived as this is the cheapest form to provide goods transportation. More impetus must be given for this, DEVELOPMENT-PROF.SUBIN.

Ninth, Education is for the masses, not for the rich. Tell the schools and colleges to subscribe to government books like NCERT, Technical Books from Government, etc to make the education cheaper. Fees must be normalized to make all the students join the fore. Good Education Minister is required, .

Tenth, we don’t want FDI’s or FII’s to increase growth. Actually growth can be increased by rightfully managing the resources of India in a better manner. We don’t want Carrefour, Walmart, etc to be in India, but our country is better off without them. 

If the coming government can do this, alas, according to “PROF SUBIN’s MANAGEMENT”, India will be once more on the supreme position.