Siddharth's Echelon Profile picture
Aug 31, 2020 10 tweets 2 min read Read on X
Obviously FinMin is clueless about economy & fail to remove bottlenecks from the system. Not even surprised. The fall in Economy is not due to corona. Corona just gave an escapegoat to NDA govt.

Now the problem with India-
We jumped to become a service sector based
1/
economy too soon. Govt didn’t plan that but brave IT pioneers opened the unlock doors to become one. So, naturally Govt was clueless. Problem is that service sec based economy creation is too simple if you have the population. Many countries came & will come in competition
2/
of India. Tech giants of India will lose business & to maintain the foreign reserve, India will have to look for other options. That will manipulate custom duties, subsidies too quickly & will not give small business owners to adjust their business model.

3/
Besides that, India wants to challenge a Manufacturing based economy China. That will take at least 20 years. To train workers, encourage private players to install a plant & share patent technology. Can’t happen if you don’t make it simple. Simple to the level that 1 day is
4/
enough to start a company by getting all clearances with almost zero cost. Can’t happen without identifying barren land plots where environmental clearance is generally not required. Can’t happen unless you give a differential tax rate to businesses based on their CSR.
5/
Govt & opposition keeps a keen eye on 4 offices.
1. Custom
2. Excise
3. ED &
4. Income tax
Very often these depts scare businesses & it has created a negative ecosystem. Agencies can be positive too but the British made system in India where Indians tried hard to evade
6/
taxes & Agencies trying to get every penny they could, created this cat & mouse system. Even now when honestly tax is paid, we live in such presumed atmosphere where the general thought of becoming a Million dollar company doesn’t appear in small businessmen mind. They want
7/
stay away from the eyes of these agencies.
Then comes another problem! A big one! BANKING!
There are 19 chinese banks in world top 100 banks. Top 4 out of 5 are chinese. India has only SBI in list at 55th position. These banks not only provide money for projects & industries
8/
but create a pressure of Govts to make policies in favour of their parent country. Right now 19 Chinese banks are doing that for China in world whereas SBI is in no position to influence any country & in fact is on the brink of failure in 2 years. To rotate the money & to
9/
bail out projects, we need these superbanks. These banks should be homegrown too. HDFC can be a potential superbank of India which takes us to the world.

I hope FinMin changes Minister & B’cratic staff.

END

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More from @SiddharthKG7

Jan 19
Kal se abhi tak baar baar “The Places of Worship (Special Provisions) Act, 1991” ka mention sunn liya PV Narasimha Rao ko discredit karne ke liye.

First, don’t forget he was a Congress PM. He wasn’t there to help BJP.

So now let’s talk about some facts.

1/
Image
Image
1. Pehle toh notice the year of act. 1991. Babri was demolished in December 1992. The act wasn’t made in response of demolition. It was already made.

That means, PV Narsimha Rao added the provision in act to exempt Ayodhya from the act.

Imagine congress pressure on him.

2/ Image
It means he made way that no act was going to stop any action on Babri.

2. Now come to the technical point of the act. It says you cannot change the nature of a religious shrine after 15 August, 1947.

But what if we prove it was originally a temple or a church?

3/ Image
Read 6 tweets
Mar 3, 2023
We Rajasthanis sit silently and create no nuisance in peace of India.
1. Our language is not recognised by Constitution. That means 4-5 crore people are away from legal aid, govt offices and mentally feel less educated.

2. Our Northern states do not give us our water.

1/
3. Madhya Pradesh goes to court when we want to create a dam on Chambal river for drinking water supply of 13 districts.

4. Our resources are stolen by mining Mafia every day.

5. Our southern state Gujarat is not giving us a canal route to Arabian Sea.

2/
All these things affect me and my people of Rajasthan. Yet, we never stand and challenge Indian union like that stupid Amritpal.

You all in other states do not even care about our problems. Yet we say Padharo Mhare Desh. Lacs of Bihari students study here.

3/
Read 4 tweets
Dec 23, 2022
Short thread story 1.

Arjun got a job of night watchman at a famous school. 6 PM to 6 AM, it was an easy job. He found out that he was the only guard at a school this big. It was unusual, but perhaps cameras and busy locality is enough deterrent for thieves, he thought.

1/
Arjun made first round of school as night engulfed the city. Buildings like schools are clanking at day but as silent as a morgue in night. Arjun was closing the lights behind him after ensuring everything was all right. Classrooms, alleys, auditoriums, and the playground.

2/
Then he went to guard’s room and browsed youtube while having his dinner. Night was getting darker, he was not habitual of staying awake at nights. It was his first day after all! He dozed off. Around 2 AM, he woke up by the noise. Loud noise coming from the school.

3/
Read 21 tweets
Jul 11, 2022
Do you know about Justice Radha Binod Pal or have watched miniseries Tokyo Trial on Netflix? It’s one of the less spoken works of Irrfan Khan.

What exactly was Tokyo Trial?

Let me give you some background first.

1/
After the World War 2 ended, Allied powers decided to legally punish Nazi officers and organisations as war criminals. They set a joint Military Tribunal and started trials called Nuremberg Trials. The verdicts and arbitrariness of the Nuremberg trials became controversial.

2/
So, when Japan surrendered, Allied nations again set a military tribunal to punish Japanese war criminals. There were many hidden reasons for this “Tokyo trial”.

1. To give legitimacy to controversial Nuremberg trial.
2. Act like just powers to punish crime legally.

3/
Read 14 tweets
Apr 6, 2022
Allama Iqbal, arguably among the greatest poet of modern times wrote Shikwa in 1909. The poem was hated by muslims and a blasphemy case was registered on him.

But, there are parts in poems which are anti hindu in letter.

In this, he wants everyone in India to become muslim.

1/
In this line, there is a historical reference to destruction of Somnath Temple by Mahmud Ghazni. It is said that he was offered money to spare the Shiva idol but he destroyed it with a hammer.

When top writer of Urdu was doing this, cannot even talk about others.

2/
But then, Iqbal is also the maker of the famous revolutionary song “Saare jahaan se achcha, Hindostan hamara.”

He made sure that he corrupted even that with religious overtone. Later version of Saare Jahaan se achcha, starts with these lines.

3/
Read 5 tweets
Apr 6, 2022
It is a common question. So, let me tell you why is the problem and ignorance towards Urdu.

1. In mid 19th century, Mughal Empire ended and all of its bureaucracy, employees started Urdu movement. In that, they wanted Urdu as official language.

1/
2. Then Sir Syed Ahmed Khan and others turned Urdu into a religious identity of Muslims. All muslim organisations supported it.

3. Simultaneously, Hindi movement was going on. Urdu supporters called Urdu as sophisticated language and Hindi the vulgar form.

2/
4. Then came Muslim League in picture which again pushed for Urdu identity of Muslims.

5. In 2 nation theory, the language difference was emphasised. The use of Urdu by muslims was shown as symbol of different muslim nation. Obviously, it created a wedge in society.

3/
Read 7 tweets

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