Discover and read the best of Twitter Threads about #modinomics

Most recents (6)

Before PM announced 20 Lakh Crore Economic Package

Feb-Apr: RBI injected Rs 8,01,603 Cr liquidity into the system

After lockdown, PM: Mahabharata was won in 18 days, the war against coronavirus vl take 21 days

Mar: In PMGKP, Rs 1,92,800 Cr was announced

What else?
Read On⬇️
GOI revised it's borrowing by 53.85% to Rs 12 Lakh Cr frm Rs 7.8 Lakh Cr

Fiscal Deficit Target estimated earlier ws 3.5% of GDP. Increased borrowing vl expand FDT

A monthly Rs 1 Lakh Cr borrowing, now, is way above market's appetite

Where was India before the virus?
Read On⬇️
Poverty, NPA, Unemployment, Inflation etc were High

Core Sector, GDP, Consumer spending etc were Low

Rupee Falling, Profitable PSUs on Sale, Banks Collapsing

☆But according to #Modinomics "Fundamentals of Economy were Strong"

What is self-reliant India mission?
Read On⬇️
Read 11 tweets
#AatmaNirbharBharatAbhiyan
Based on 👇

Land,Labour,Liquidity&Laws that are not isolationist but inclusive

Ease of Doing Business

DBT,JanDhan,Aadhar, Micro Insurance,Ujjwala Yojana, Ayushman Bharat, PM Awaas Yojana,PM FasalBima Yojana,Krishi Sinchai,Swachh Bharat--Key Landmarks
GST,IBC&PSU Bank Recapitalisation in last 6 yrs,have been big reforms

52606Cr given via #DBT to 41Cr #JanDhan holders

Free wheat&rice to 69Cr ration card holders

18000Cr tax refunds given

Free cylinders to 8Cr #Ujjwala holders

#20lakhcrores #COVIDー19
#atmanirbharbharat
Project DevelopmentCells,working for Promotion of Champion Sectors,in States

#MakeInIndia&Upgradation of Industrial Infra,a success&more will be done to #Decongest economy

3376 SEZs&IndustrialParks with 5 lakhhectares,to be ranked& mapped,in terms of readiness for competition
Read 20 tweets
#FinanceMinister has today unleashed the best shot so far in #Modinomics!

This is a Yug-parivartan move. Endless dimensions on which #NewIndia will be rocketing up now! 1/n
The battle on Black-money waged by @narendramodi Ji will now find a long term leash! No one was born to be a thief. High taxes motivated people to be. That motivation is diluted big time today! An honest, compliant, economic powerhouse of a #NewIndia is now enabled. 2/n
Everyone getting amazed that this Govt. is ready to earn less and spend more is totally wrong. #Modinomics magic is not yet understood. Laffer Curve clearly stands proven over 100s of years. Convexity of Tax-collection to Tax-rate is well know. 3/n
Read 9 tweets
The unthinkable is happening thanks to @narendramodi govt. Several economists and analysts say they're moving to use alternative data sources or at least official data of a different kind because they think India's official GDP stats now a joke. reuters.com/article/us-ind…
Because Indian GDP stats a joke, a private firm has developed an alternative index: Indian Activity Index.They found "stable" growth 2014-17 rather than rapid acceleration suggested by official Indian data. India more or less in Argentina territory now. reuters.com/article/us-ind…
Cc: @AmartyaLahiri @vdehejia .What we discussed a few months ago is happening now.
Read 7 tweets
This thread will throw some facts on the Rupee depreciation which is the talk of the town nowadays especially the opposition and the Anti-Modi gang #RupeeAt73
Here we will compare the currency values of 21 countries - a mix of Asian, Non-Asian, European, American and African countries - some Developed and some Developing countries vis-a-vis $ Dollar starting from 2004 till Sept 2018 #RupeeAt73
Below is the list of countries chosen for comparison with their Developed / Developing status. Note - Developed / Developing status has been derived from Google Search. So I may be wrong at some places. Corrections are welcome #RupeeAt73
Read 30 tweets
@manu1154 @kaltimevel @IamAlok_INC @GenZinfrenzy @Mayavi101 @The_veenaD @ANI @vxtandon1 @INCIndia @RahulGandhi @e_postmortem “The Hindu–German Conspiracy “ was a series of plans between 1914 and 1917 by Indian nationalist groups to attempt Pan-Indian rebellion against the British Raj during World War One 🤔

If you have not read about it in school- RT
&
Google to know about it 🙏🏽...,+
@manu1154 @kaltimevel @IamAlok_INC @GenZinfrenzy @Mayavi101 @The_veenaD @ANI @vxtandon1 @INCIndia @RahulGandhi @e_postmortem +...and the outcome was British planted MKG in 1915 to sabotage & delay agressive freedom struggle by Bal Pal Lal,by projecting him to be the best Hindu in India who was non violent,as well.
Read 132 tweets

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