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Vasan MSV

@VasanMSV

Apr 30

Thread: "Was Gujarat really number 1 under Modi?"
(1/9)
The narrative of Modi's Gujarat success was a colossal con, catapulting him to power in 2014. But behind the facade, his administration was less than average,

The hype of economic growth and social progress in Gujarat can be seen through the lens of data & facts. Once you see that, you will understand how we all had been taken for a ride with a fake narrative.
This study based "Difference of Differences" analysis, lays bare the reality. Where key indicators from the dimensions of Economy, Health, Education, Industry and Infrastructure are compared.

Modi's pedestal was built on lies, endangering the nation with unchecked greed and megalomania. As we approach another election, it's time to make amends.
Knowing these facts would be a stark reminder for everyone not to be fooled the third time.

Let's tear down the myth of Modi's achievements and strive for a future grounded in truth and progress.
Check ALT Text for methodology and details.
#NoVoteForBJP #NoVoteForModi

(2/9)
Per Capita Income and Human Development Index (HDI) are crucial barometers of a state's well-being and progress. Per Capita Income measures the average income earned per person, reflecting the economic prosperity of a region. HDI, on the other hand, assesses factors like education, healthcare, and income to gauge the overall quality of life.

When these indicators stagnate or decline, it reflects poorly on the governance of a state. A lack of improvement suggests ineffective policies, mismanagement, or neglect of key sectors like education, healthcare, and infrastructure.
It indicates that the government is failing to uplift its citizens' living standards and ensure equitable growth.

Moreover, stagnant or declining Per Capita Income and HDI can exacerbate inequalities, deepen poverty, and hinder social mobility.
It highlights systemic issues and governance failures during the Modi years in Gujarat.

(3/9)
Poverty Rate and Literacy Rate are vital indicators of a state's socio-economic health.
Modi has lagged even the laggard states in improving both the measures.
Obviously Modi doesn't care about education since he knows that it is so easy to get a certification on PG in "Entire Political" Science from the Gujarat University.
But lagging in reducing Poverty Rates would surprise even a hardcore WhatsApp Bhakt.

Read 9 tweets

Vasan MSV

@VasanMSV

Apr 18

Thread:

There was a report on @Reuters that read;
"India can grow faster and better without Modi"
They have spoken about three factors.
There is more to it.
If you read till the end, you'll understand why there should be #NoVoteForModi.

Why Modi is a failure and has crippled India rather than allowing it to run to its full potential?
Read on;
(1/10)

Summary of reasons on why India can grow (only) without Modi.

Over-reliance on Indirect Taxes:
The current government heavily relies on indirect taxes, impacting the common person more than the rich.

Cut back in Welfare Expenditures:
Decreased support for vulnerable populations, potentially increasing inequality and poverty.

High focus on Infra programs without considering government capacity:
Infrastructure projects are delayed and corruption is rampant due to lack of capacity and honesty.

Overdependence on CESS & Surcharges:
Over-reliance on these non-divisible charges cripples States’ fiscal independence and limits revenue diversification.

Increasing “Centrally Sponsored Schemes” in State subjects:
Centralization undermines the autonomy of developed states, potentially leading to reduced growth.

Fueling Inflation by fiscally profligate:
Increased taxes and inflation have eroded the purchasing power of money, hurting those with fixed incomes.

Union Government’s aversion to Data & in sharing Data:
The government’s inefficiency and dishonesty in data sharing and census updates have led to disastrous situations like historic unemployment.

These are complex issues with potential implications for economic health and social equity. There should always be a difference between Harvard education and fake degree from Gujarat Univ., right?!
(2/10)

1. Over-reliance on Indirect Taxes.
Inequality and Taxation:
India ranks lower in the Inclusive Development Index compared to Pakistan, Bangladesh, and Sri Lanka, indicating significant inequality. The country’s Direct-Indirect Tax Ratio is low at 34%, suggesting a need to reduce reliance on indirect taxes.

Comparison with Other Countries:
Countries like Denmark and Iceland, which rank high in the Inclusive Development Index, have a Direct to Indirect Tax Ratio of 60-70%.

Changes in Tax Policy:
Direct Taxes were 19.1% of the Union Tax Revenue in 1990-91, increased to 40% in 2009-10, but due to policy changes, the ratio is now approximately 50%/50% for the Union. Considering the State Government’s contribution, the Direct Tax Ratio is a low 34/66.

Tax Burden on Different Economic Classes:
The middle and lower-middle classes contribute more than 90% of the Direct Tax collection. The ratio got more skewed towards the lower end of the spectrum between 2014-15 & 2018-19.
The top 10% of the country contributes to only 4% of the indirect taxes, while the lower end of the economic spectrum pays more than 94% of both direct and indirect taxes.
(3/10)

Read 10 tweets

Vasan MSV

@VasanMSV

Mar 13

https://x.com/VasanMSV/status/1626617305601044480?s=20

(1/7) #DoYouKnow ?
Indians may cross border into Bangladesh soon. Bangladesh may be forced to enact their own #CAA #NRC to get "Gus beti" Indians out.
Very much possible if Modi is allowed to continue.
How? Read on.
By comparing with similar economies, we can clearly see why that would happen.
India has lost all the chance to catch-up with China, the next one to compete with is Vietnam. (They have also have gone far far ahead of India). Then comes Bangladesh, who may soon overtake India on all fronts.
Comparing India with both on 5 Key Development Indicators will prove that Modi's "Vikas hit Bharat" itself is a big jumla.
(Data Source : World Development Indicators, World Bank.
Also read )

https://x.com/VasanMSV/status/1626617305601044480?s=20

(2/7) India had transitioned from being a Low Income Country to Middle Income Country (Lower-middle) during UPA Years. That was possible due to increased Per Capita Income. This had really brought millions of Indians out of poverty.
If Modi had really worked for the people, he should have taken the country to be an "Upper Middle Income" level.
Instead he is taking the Annual income of the billions backward, while increasing hourly income of Ambani and Adani to millions.
Bangladesh has really done wonders in this period. Per Capita Income of India has flattened due to Modinomics like Demonetization, botched GST, crippling the growth oriented States like KA, TN, TS etc. with his partisan policies, etc.

(3/7) Nominal GDP.
Despite all the jumla optics around fastest growing economy and fifth largest economy etc., the reality is India has underperformed when compared to Bangladesh and Vietnam.
That too in Nominal GDP itself. (Nominal includes inflation)

Read 11 tweets

Vasan MSV

@VasanMSV

Feb 17, 2023

@BalaFun1

I should have tweeted about this long back.
Proof - how bloated the GDP calculation of India after the Modi Gobarment changed the way it is calculated.

As usual, another thread.
Bear with me and read on.
Thanks @BalaFun1 for his prompt.
(1/20)

Full background.
Those who do not have the patience can jump to Tweet #11-20 for the actual proof of wrong doing.
In the hands of a bad cook, even a best recipe can become poison.
This is what happened when the Gobt. decided to follow a new method for GDP calculation.
(2/20)

MoSPI revises the base year for GDP Calculations periodically. In 2018, the base year was updated from 2004-05 to 2011-12
It means the prices at 2011-12 will be taken as 100 and then the GDP growth will be calculated.
That has shown the reality, BJP could not match the...(3/20)

Read 22 tweets

Vasan MSV

@VasanMSV

Aug 25, 2022

ஒரு கதை சொல்ட்டா சார்?

ஊழலை ஒழிப்பதாக கூறி பிரச்சாரம் செய்து நைஜீரியாவின் புதிய மந்திரி ஆகிறார் Ignatious.
பதவியில் அமர்ந்த உடன் சொன்னபடி ஊழல் மீது ஒரு பெரும் யுத்தத்தை தொடங்குகிறார். யாரும் குற்றம் கூற இயலாதபடிஅவர் மிகவும் நேர்மையானவராக நடந்து கொள்கிறார். (1/8)

எந்த அளவுக்கு என்றால், தன்னுடைய குடும்பம் விடுமுறைக்கு செல்லும் பொது வரும் அரசு பாதுகாவலர்களின் செலவை அவருக்கு பில் அனுப்புமாறு கேட்கும் அளவுக்கு அப்படி ஒரு சுத்தம். மக்களுக்கு வாக்களித்தபடி உள் நாட்டு ஊழல் மட்டும் அல்லாது வெளி நாட்டு கருப்புப்பணத்தையும் கொண்டு வர,(2/8)

எத்தனை நைஜீரியர்கள் தங்கள் செல்வங்களை சுவிஸ் வங்கிகளில் வைத்திருக்கிறார்கள் என்பதை அறிய விழைகிறார்.கிளம்புகிறார் ஸ்விட்ஸ்ர்லாந்துக்கு ... அங்கு மிகப்பிரபலமான ஒரு வங்கிக்குள் ஒரு பெட்டியுடன் செல்கிறார்.
(3/8)

Read 8 tweets

Vasan MSV

@VasanMSV

May 18, 2022

சங்கிகள் செய்யும் இன்னொரு பொய் பிரச்சாரம்;
"தமிழ்நாட்டில் டாஸ்மாக் கலாச்சரம் இருக்கிறதாலே தான் பிஜேபிக்கு வோட்டு போட மாட்டேங்கறா..." (கேரளாவிலும் அதையே தான் சொல்வார்கள்)
அதாவது இவர்கள் ஆளும் மாநிலங்களில் குடிப்பழக்கம் இல்லாததால் அவர்கள் மோடிசீக்கு (அ)யோக்கிச்சீக்கு வோட்டு (1/5)

போடுறாங்களாம்.
உண்மை நிலவரம் என்னன்னா, அவனுங்க ஆளும் மாநிலங்களில் தான் குடிப்பழக்கம் மிக அதிகம். அதுவும் மதுவிலக்கு அமலில் உள்ள குஜராத், பீகார் மாநிலங்கள் கூட கணிசமாக குடிக்கின்றன . (2/5)

ஹைலைட் என்னென்ன, இவனுங்க ஆளும் அஸ்ஸாம் மற்றும் வடகிழக்கு மாநிலங்களில் தான் பெண்கள் குடிப்பது மிக அதிகம். ("கலாச்சாரம்!") இவை எல்லாம் சர்வே முடிவுகள் என்பதால், சங்கிகள் ஒரு சர்வே வெச்சு சொல்லிட முடியாதில்லையோன்னோ ன்னு நோன்கும். அதனாலே தான் நாலு சர்வே முடிவுகள் இங்கே (3/5)

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