He doesn't know how to implement. Not one successful implementation till date. You are making an impossible request. He has broken all shakles n obstacles to only abmani and Aadni.
@E Ram yes this farmbill talks about people who can buy from. They have two options govt mandi and private mandi. Govt mandi hav tax on buyers not on farmers so obviously they will buy from private either its on msp or not msp because they don't have to pay taxes.
@@shubhamsharma8508 you must be living in heaven to make such assumptions. People of India will only buy where they get cheaper. Corporates can easily create monopoly and flush out farmers market , corporates can sell below price for next 10 years just to weed out competion. After that people will pay the price for their choices. as at the end of the day there will be only one or two players left like telecom. If govt Mandi is available that there are lot players and more comptetion means good for consumers. I dont understand why people dont understand this simple logic
Not true, he knows how to implement. He is doing this task perfectly, i.e. to implement laws and policies that favour those who funded his party. Indian elections are the 2nd most expensive elections in the world after the US. Almost USD 9 Billion was spent in the 2019 election. Who do you think provided these sums? Whoever contributed, is expecting a high return on investment.
www.dailyo.in/politics/modi-rss-israel-india-muslim-world-benjamin-netanyahu/story/1/18179.html WHO IS MODI..LETS BE SERIOUS ABOUT THIS SUBJECT MATTER...WE ARE STILL TAKING THIS MAN TOO PLAYFUL AS JOKER, MUFF, DUMB....NO HE IS TOO CLEVER Also read the sarcastic man who follows master's order for INSULTING INDIA www.indiatoday.in/india/story/case-filed-against-pm-modi-for-insulting-national-flag-16946-2016-06-29
Like wealth creator is very much needed as per Modi. The wealth creator exploits employees with meagre increament. There is no guarantee for the employee and have to work more hours. The entitre profit goes the head of corporator But public sector co give More job opportunity, a fixed scale of payment, completion and the local near the EU get more jobs, the govt have monitoring power.the entire profits earned to go to govt, a fixed hour of work The present Modi goverment has started single PSU since 2014. All the PSU have startedby congrees govt and each PSU have lot of immovable property. Except one or unit all most all units gave lot of profit Lostly the entire property belongs to the respective PSU That is why the Modiand BJP have no roll in the freedom movement, this govt have no role increasing this PSU What is your locostand in selling these profit making units to your friend of Gujarties and what kind of profit thatgovt willget by selling these units except one time payments If you want wealthcreator is also necessary, youcreate new one for your friend andnot touch the co.whocreating not only without employment and income to govt every year There is Tamil proverb 'kadai thengadi eduthu vazhi pilliayarikku odachanam' Modi govt proves thathe could not wealth creator on his own that is why he try to sell profit making unit to his Gujarati friend for just to balance one yearGDP What will you donext year?
@@viswadeepruina4493 There was the OIL to be secured from the predominantly Muslim Nations then and even to this day. Nehru or no Nehru, then there was a World Order precariously balanced towards the Oil rich nations to be followed, today too there is a World Order but heavily reliant on America. Don't forget the Iran-India relations and the Oil embargo imposed by Trump.
@@naughtyUphillboy WILL THIS RSS AGENT OF ISRAEL SING THIS INDIAN SONG OF NATIONAL INTEGRATION...I DOUBT...I BET ruclips.net/video/-jf6pwtPqCs/видео.html
Politicians talk some thing, when they are in power and talk exactly opposite, when they are out of power. Our PM, when he was not in power earlier, critisisised the hikes in petrol diesel. But, now his govt is increasing the same at much steeper levels, inspite of the drop in international market, not bothering about the common man. All actions of the present govt. are totally failure, and when questioned, they blame the congress, Nehru and Rajiv Gandhi. A very sad situation prevailing now.
Very well said! THE SANGHI FASCISTS HAD INHERITED AN ECONOMY THAT HAD REGISTERED 10%+ GROWTH RATE IN 2014. Modi managed to crash it to the infamous Hindu Rate of Growth by December 2019 (before COVID19)...
Wealth creators should not be limited to just two corporates alone. BSNL was strangled and JIO was given undue benefits. As per law only two airports can be to one business firm but Adani has at present six and that too without any previous experience. Any justification for giving Rafale to Anil Ambani and not HAL?
When JIO was launched ,BSNL was on its deathbed only . Companies like IDEA and AIRTEL were dominating the TELCOS. In Rafael case the decision was taken by Dassault . Also during UPA Regime when Delhi Metro Airport line was given to Reliance rather than DMRC , Electricity Distribution in Delhi was given to Reliance and Tata.
Hasmukh Adhia is not having financial and taxation background. He was made finance Secretary as well as Gst head. Due to this Indian small business is collapsed
Sujit Sir, Modi's words don't match his action . In Modi's view all small and medium business men's are " चोर " . This man has ruined the economy of INDIA .
Private sectors are needed. It should not destroy profitable public sector enterprises. What would happen if all the major institutions in India were in the hands of one or two individuals?
@@leanderbarreto6523 so they dont need coperates. How govt try to destroy bsnl. Even govt still not give 4g for bsnl. We have very strong PM why he cant manage under his cabinet ministers. Civil avision minister and staff all there. Then y should they control the airindia. Airindia is our national carrier its pride of every indian. We elected them to manage all these. But now last few decades ruling us all binamis. Thats only reason. Politicians invested in everywhere
Starting a Pvt business is very difficult in India ( but for friends at centre). But most difficult one is close them ( but for friends at the centre).
It is your goodness that you understand and agree with PM. However other side doesn't like any suggestions,any criticism. It is not common man ,but, Modiji is king. His word is final.
Marvadis have factories. They manufacture and send their relatives to various cities as distributors, buy properties and marginalising the locals. This is how the wealth is distributed for the poor.
It would seem if Tatas built a steel plant, it's wonderful, but if Ambanis built the world's biggest oil refinery, that's worthless. These idiots are do blinded by hate, but they call everyone else andh bhakts.
@@GM_- you are right. They only support someone based on their political inclination. Left parties were responsible for shutting all the industries in india before 1990s, like in bengal. Communists in India are parasites.
Nitin nath mishra and GM, thats the difference. You are still clueless. Go get enlightened crawling creatures. Theres more happening in this world than you are allowed to have access to. So go, keep your "hatered".,"blinded" rants/ignorance with you.
@@abrahammathews1351 the fact is you are most likely commenting with a Jio network...........Dhirubhai Ambani and his son Mukesh Ambani has revolutionised the telecom industry.
PM is giving privatisation to his loyal business people not to genuine one. How can every one gets benefit & the person who bagged the contract earn more money became rich person but poor are poors always. Why not some% fixed for development of people with this profit.
PM Modi is doing this task perfectly, i.e. to implement laws and policies that favour those who funded his party. Indian elections are the 2nd most expensive elections in the world after the US. Almost USD 9 Billion was spent in the 2019 election. Who do you think provided these sums? Whoever contributed, is expecting a high return on investment. The poor have not contributed money to his campaign, they can be pleased by Hindu vs Muslim politics.
@W C there's nothing positive that bjp has done..they have just brought our GDP to its lowest among developing nations. Even before the pandemic.. #Corporate jeevies
@W C In an ideal world you would be correct. In the real world, the rich hoard wealth and DO NOT pay their fair share of taxes, even if they are the highest tax payers in an excel sheet. Wealth has constantly moved from the poor and middle class to the top 1% since the 1970s. This is because of tax laws that have been consistently skewed disproportinaltely in favour of the rich. I know this because I work for a UHNWI family office and deal with their tax planning. I know this industry very well, using foreign shell companies, tax SPVS to avoid paying taxes. Incentive is one thing, loot is quite another. Corporate greed has crossed all limits worldwide. As for Election spending, BJP accounted for 90% of the spending. Not sparing congress, they would do it too had it not been for their leadership crisis, but today the devil is someone else. As for who is the puppet? The kingmaker is always the one who controls the finances. The king is never truly the king, the king serves a role for the kingmaker.
Thank you Mr. Nair for your excellent analysis of our PM's contentions on entrepreneurshp and wealth creation. I think what we require is a clear distinction between wealth creation for the public good and wealth amassing by a few for their selfish end. A further distinction must be between monopoly and participatory entrepreneurship. What is affirmed today are primarily wealth amassing and monopolizing.
With privatisation, job reservations will not be available in private companies. Also the labour laws have been modified so much in 2020, that it is more in favour of company owner than to employees, compared to previous labour laws.
Finally after 70 years some common sense. 50 years after Swatantra Party leadership said the same words. I agree with you wholeheartedly. Starts with a WIN-WIN culture. A confidence-building culture. A creative risk-taking individual mindset is needed. An ELON MUSK mind set. A cultural mind shift is needed. Difficult in a frozen feudalistic 2020 BC mindset.
Your usual style of 'Praise and pull down'. PM's speeches are always excellent. Only it will be ideal realm. When it comes to execution, I am not sure.
Mr Modi forgets how he has treated the intellectual wealth of the country (Universities & students). They are the future wealth creators of future India.
Superb. As PM says, private sector role will give healthy competitive environment. Competition will bring the price down and the consumer get benefit. But, you take for an instance the mobile tariff, incoming calls were free, no valdity peroiod on past days. Is it competitive? This is what the we should adore privatisation?
The problem with Indian leaders / politicians / Industrialists / Managers is that when they speak they don't speak from their convictions but read from speeches prepared by speech writers.
Government itself is a wealth creating body. The only difference is that the Profit gained by a government body goes to Public as per the rules set whereas the owner of a Private sector has no such obligations.
I think his speech is in the backdrop of Farmer’s protest. As Government removed MSP and left private companies to deal with farmers. Govt is just trying to justify its stand and about the laws - 3 (farm laws)
Jugglery of good words we have seen a lot from the Government of the day, but there has been bungling in implementation of policies and lack of intent to do real good . Vilification and slandering will go on unchecked, and so called law enforcing authorities will continue harassing well-meaning entrepreneurs, not aligned to them politically or otherwise. People have got cynical having seen the track records of the ruling dispensation ~ on selling spree of even profiting PSUs and public assets all over the country .
It is not privatisation but competition that makes the difference. The way railways and airports and being privatised is just replacing government monopoly with private monopoly. That's not going to lead to any improvement.
I do not know where PM Modi got this term 'wealth creators' from, but I have heard 'wealth creators' being used for a long time by Mukesh and Anil Ambani.
When the policymakers design a policy from the wealth creators point of view, then they are benefitted. But if the policies are designed keeping in the mind of the consumer, then the whole economy gets a boost. The wealth cannot be created unless the consumer has the purchasing power. Unfortunately, that aspect is not getting the attention it deserves.
First wealth and its owners are important. Congress and its public sector industries, financial institution are very very important for the nation than private sectors. Modi should stop the cheating of the nation.
Mobile phones move around, but it made the people bow before it making the viewer without moving his mind concentrating on the movements on the screen forgetting about his future, parents, affairs like marriage, education and jobs. I agree superb wealth creators, but not exploiting the poor or the have not's.
There should be minimum Bachelor's Degree requirement for election day f a MP or MLA. For ministers, they should be minimum Post Graduation. These uneducated ministers of today give rubbish statements which make our great country look cheap in the world.
Many PSUs have been running successfully since independence, providing jobs to all sections of society besides keeping fair prices, which private sector seldom does. Private owners create wealth for themselves. Moreover, how come only a handful of private entities are taking away our PSUs thus establishing some sort of monopoly. Instead selling successfully running PSUs under privatization, why don't government develop new sectors /industries through private sector ? Bring more competition for a healthy market...
After privitation of all Govt Companies/Undertakings/Banks/LIC/Railway etc etc,there will be no reservation for SC/ST/OBC.This is the agenda of BJP/RSS to abolish Reservation.
Wealth creators are important for political Parties. Giving everything to corporates and sitting idle is not good governance. If you dont know how to manage the public sector companies and make money for the govt and thereby back to the public, you will become the managers of corporates
I'm working in a government enterprises. My product is better than the top private sector product. But yet my product dont sell in the market. Because at my company we have to follow all the norms of procuring producing and marketing. All goes with open tender. Private people play with money and officials. We cant. Because even a small amount should be accounted. MOST OF THE GOVERNMENT ORGANISATIONS GET CALLS AND LETTERS FROM MINISTERS, MPs and MLAs. THIS IS MY PERSON GIVE HIM JOB. Over crowded the company goes into non profit.
I agree with you saying that IAS officers are unsuitable to run dairy enterprises because they lack the required expertise. But do not make the same comparison to agriculture ministers and what not. While running an enterprise requires entrepreneurial skills, ministers on the other hand have a political role; not an administrative or entrepreneurial role. In a political role, you are not required to make your turf perform well. Instead, you are required to direct your turf in such a way that it aligns with the interests of the nation. In that sense, it is perfectly alright for education minister to promote Ayurveda in medicine or Astrology in science because it is Ayurveda and Astrology that represents national interests; as seen by the voters. Whether or not you agree with the national interest/priority is a different issue. Sorry if I am being pedantic but we need to untangle our own ideas before we start selling it to others.
The criticism of TWO BUSINESSMEN was smartly converted to criticism of "Private Sector" and "Youth." TATA is also private, but they are way more respected than the PSUs. Remember, this is not Atalji's BJP anymore. This is now a party run by spineless individuals who must lick the boots of the Supreme Leader to hold their position.
De-regulation is a need of the day! Freedom to run the business independent without the governmental unwanted control is the eco system required for the private sector to flourish. Time has come to dampen the bureaucrats who stymie the business enterprises for their egos!
Sujith Nair sir please speak on how private firms still have employees under paycut. How firms took advantage of fire and re recruit with 30% paycut in CTC. 🙏🏽 Private firms are becoming leech 🙏🏽
No doubt wealth has to be produced. But it also has to be distributed. The view that Markets are a solution is outdated, they are actually the problem.
Creation of wealth for country is important but creating opportunities to create wealth at the cost of county is betrayal of faith vested in leaders. What about youth, the poor, the disabled, helpless, citizens who trusted him and voted?
It is easier said than done. Private enterprise may not be a panacea for all the ills. Nor does such enterprise always mean wealth creation. The so called competition encouraged through large scale participation does not in reality happen. We, in India have seen repeated failures in aviation, telecom, insurance and even retail. Nor do benefits percolate to the consumer or the worker, so to say. So sweeping statements by our Prime-Minister in support of entrepreneurship and privatization must be seen in the context of our not so rosy experiences of the past. Any economy in the world will need the support of the State and the social sector. Socialism need not be a bad word. In the end we aspire to be enlightened citizens rather than rapacious consumers.
Our PM talks about role of Babus, are our ministers so capable that they can handle any ministry without the advice and help of Babus.There are lots of schemes but the Govt lacks in their implementation.
Govt lease term for the corporates is to run our assets for 50 years. Nobody has seen tomorrow hence what would be the fate of these assets after 50 years. Can the govt get back these assets and in what shape? Several leased properties of govt are in pvt hands and under litigation. There is no hope of recovery.
Our PM's speeches are fantastic always. But practice remains a big zero. Their idea is to give the opportunity to his trust worthy business people only who would fund their party by which the party can control the Indian politics in their favor.
While you are saying this, you should also provide information about how entrepreneurs are thriving in countries like China and compare it with indian conditions. Simply saying what everyone knows doesnt help.
![Chris Langan - The Interview THEY Didn't Want You To See - CTMU [Full Version; Timestamps]](http://i.ytimg.com/vi/9miVG2xT5jY/mqdefault.jpg)
He doesn't know how to implement. Not one successful implementation till date. You are making an impossible request. He has broken all shakles n obstacles to only abmani and Aadni.
@E Ram What you said is absolutely correct. If government wanted they could have fixed the loopholes but they are not.
@E Ram can't agree more with you
@E Ram yes this farmbill talks about people who can buy from. They have two options govt mandi and private mandi. Govt mandi hav tax on buyers not on farmers so obviously they will buy from private either its on msp or not msp because they don't have to pay taxes.
@@shubhamsharma8508 you must be living in heaven to make such assumptions. People of India will only buy where they get cheaper. Corporates can easily create monopoly and flush out farmers market , corporates can sell below price for next 10 years just to weed out competion. After that people will pay the price for their choices. as at the end of the day there will be only one or two players left like telecom. If govt Mandi is available that there are lot players and more comptetion means good for consumers. I dont understand why people dont understand this simple logic
Not true, he knows how to implement. He is doing this task perfectly, i.e. to implement laws and policies that favour those who funded his party. Indian elections are the 2nd most expensive elections in the world after the US. Almost USD 9 Billion was spent in the 2019 election. Who do you think provided these sums? Whoever contributed, is expecting a high return on investment.
Jio Jeevi 😭😭😭
Fortune Jeevi 😭😭😭
Hum Do Hamare Do😭😭😭
Modi went are you going to prioritize the parliament house do it fast before you dai
Cooperate jeevi this seems apt
All the policies are formulated and centered around "Hamare Do"
Modi ji is Mixing Wealth Creaters with
Wealth Looters like his Friends Ambani
And Adani. 😂🤣
www.dailyo.in/politics/modi-rss-israel-india-muslim-world-benjamin-netanyahu/story/1/18179.html
WHO IS MODI..LETS BE SERIOUS ABOUT THIS SUBJECT MATTER...WE ARE STILL TAKING THIS MAN TOO PLAYFUL AS JOKER, MUFF, DUMB....NO HE IS TOO CLEVER
Also read the sarcastic man who follows master's order for INSULTING INDIA
www.indiatoday.in/india/story/case-filed-against-pm-modi-for-insulting-national-flag-16946-2016-06-29
Like wealth creator is very much needed as per Modi. The wealth creator exploits employees with meagre increament. There is no guarantee for the employee and have to work more hours. The entitre profit goes the head of corporator
But public sector co give More job opportunity, a fixed scale of payment, completion and the local near the EU get more jobs, the govt have monitoring power.the entire profits earned to go to govt, a fixed hour of work
The present Modi goverment has started single PSU since 2014. All the PSU have startedby congrees govt and each PSU have lot of immovable property. Except one or unit all most all units gave lot of profit
Lostly the entire property belongs to the respective PSU
That is why the Modiand BJP have no roll in the freedom movement, this govt have no role increasing this PSU
What is your locostand in selling these profit making units to your friend of Gujarties and what kind of profit thatgovt willget by selling these units except one time payments
If you want wealthcreator is also necessary, youcreate new one for your friend andnot touch the co.whocreating not only without employment and income to govt every year
There is Tamil proverb 'kadai thengadi eduthu vazhi pilliayarikku odachanam'
Modi govt proves thathe could not wealth creator on his own that is why he try to sell profit making unit to his Gujarati friend for just to balance one yearGDP
What will you donext year?
@@viswadeepruina4493 There was the OIL to be secured from the predominantly Muslim Nations then and even to this day. Nehru or no Nehru, then there was a World Order precariously balanced towards the Oil rich nations to be followed, today too there is a World Order but heavily reliant on America. Don't forget the Iran-India relations and the Oil embargo imposed by Trump.
@@viswadeepruina4493 Few know & realize that he is DUMB.
@@naughtyUphillboy WILL THIS RSS AGENT OF ISRAEL SING THIS INDIAN SONG OF NATIONAL INTEGRATION...I DOUBT...I BET
ruclips.net/video/-jf6pwtPqCs/видео.html
Privatising public assets with public banks and call it wealth creation is foolish. To give 6 airports to a company who has no experience? Crazy.
If defence can be privatised you can imagine the rest!
Great truths unraveled by Mr.Sujit Nair.keep it up.I.venkateswarlu
Peace is essential for progress, Without peace you will not get invester s too.
Consider china and gujrat after 2004
Politicians talk some thing, when they are in power and talk exactly opposite, when they are out of power. Our PM, when he was not in power earlier, critisisised the hikes in petrol diesel. But, now his govt
is increasing the same at much steeper levels, inspite of the drop in international market, not bothering about the common man. All actions of the present govt. are totally failure, and when questioned, they blame the congress, Nehru and Rajiv Gandhi. A very sad situation prevailing now.
This same PM was anti privitization earlier
"Look at our vaccines. "
Has the pm been vaccinated?
It's called the reverse Midas touch. Everything that is touched, including gold and valuable assets turn to ash
Very well said! THE SANGHI FASCISTS HAD INHERITED AN ECONOMY THAT HAD REGISTERED 10%+ GROWTH RATE IN 2014. Modi managed to crash it to the infamous Hindu Rate of Growth by December 2019 (before COVID19)...
Wealth creators should not be limited to just two corporates alone. BSNL was strangled and JIO was given undue benefits. As per law only two airports can be to one business firm but Adani has at present six and that too without any previous experience. Any justification for giving Rafale to Anil Ambani and not HAL?
To benefit jio, bsnl was not given sufficient resources and what we see now is Jio dominating the Telecom sector.
God save us
@@g.l.4104 from whom ?? from BJP(RSS) or congress ??
@@5004500 our Gov't. Once a party comes to power, their policies should be for the benefit of the country.
When JIO was launched ,BSNL was on its deathbed only . Companies like IDEA and AIRTEL were dominating the TELCOS. In Rafael case the decision was taken by Dassault .
Also during UPA Regime when Delhi Metro Airport line was given to Reliance rather than DMRC , Electricity Distribution in Delhi was given to Reliance and Tata.
Hasmukh Adhia is not having financial and taxation background. He was made finance Secretary as well as Gst head. Due to this Indian small business is collapsed
Sujit Sir, Modi's words don't match his action . In Modi's view all small and medium business men's are " चोर " . This man has ruined the economy of INDIA .
Private sectors are needed. It should not destroy profitable public sector enterprises. What would happen if all the major institutions in India were in the hands of one or two individuals?
BSNL and air India are scourges on Indian taxpayers
@@leanderbarreto6523 so they dont need coperates. How govt try to destroy bsnl. Even govt still not give 4g for bsnl. We have very strong PM why he cant manage under his cabinet ministers. Civil avision minister and staff all there. Then y should they control the airindia. Airindia is our national carrier its pride of every indian. We elected them to manage all these. But now last few decades ruling us all binamis. Thats only reason. Politicians invested in everywhere
Starting a Pvt business is very difficult in India ( but for friends at centre). But most difficult one is close them ( but for friends at the centre).
Mr. Modi needs to see this...let's make it go viral all over the internet. 🔥🔥🔥🔥🔥🔥🔥🔥🔥🔥
ARE FARMERS NOT WEALTH CREATORS?
MERI DESH DHARTI ,UGLE HEERE MOTI........MERI ..
It is your goodness that you understand and agree with PM. However other side doesn't like any suggestions,any criticism. It is not common man ,but, Modiji is king. His word is final.
U Delusional AF!
Marvadis have factories. They manufacture and send their relatives to various cities as distributors, buy properties and marginalising the locals. This is how the wealth is distributed for the poor.
Perfectly said
Modiji remember only Ambani & Adani name only.
Goswami too. Please don't forget him
You said it right. Until the top 10 companies list is fixed, we cannot say it is a fertile place for entrepreneurship.
And tell him the difference between Ratan Tatas / Asim Premjis AND adanis ambanis
What is the difference
It would seem if Tatas built a steel plant, it's wonderful, but if Ambanis built the world's biggest oil refinery, that's worthless.
These idiots are do blinded by hate, but they call everyone else andh bhakts.
@@GM_- you are right. They only support someone based on their political inclination. Left parties were responsible for shutting all the industries in india before 1990s, like in bengal. Communists in India are parasites.
Nitin nath mishra and GM, thats the difference. You are still clueless. Go get enlightened crawling creatures. Theres more happening in this world than you are allowed to have access to. So go, keep your "hatered".,"blinded" rants/ignorance with you.
@@abrahammathews1351 the fact is you are most likely commenting with a Jio network...........Dhirubhai Ambani and his son Mukesh Ambani has revolutionised the telecom industry.
Excellent editorial analyst and analysis.
PM is giving privatisation to his loyal business people not to genuine one. How can every one gets benefit & the person who bagged the contract earn more money became rich person but poor are poors always. Why not some% fixed for development of people with this profit.
True bro
PM Modi is doing this task perfectly, i.e. to implement laws and policies that favour those who funded his party. Indian elections are the 2nd most expensive elections in the world after the US. Almost USD 9 Billion was spent in the 2019 election. Who do you think provided these sums? Whoever contributed, is expecting a high return on investment. The poor have not contributed money to his campaign, they can be pleased by Hindu vs Muslim politics.
I completely lost hope that Evms will bring change..
@W C there's nothing positive that bjp has done..they have just brought our GDP to its lowest among developing nations. Even before the pandemic.. #Corporate jeevies
@W C In an ideal world you would be correct. In the real world, the rich hoard wealth and DO NOT pay their fair share of taxes, even if they are the highest tax payers in an excel sheet. Wealth has constantly moved from the poor and middle class to the top 1% since the 1970s. This is because of tax laws that have been consistently skewed disproportinaltely in favour of the rich. I know this because I work for a UHNWI family office and deal with their tax planning. I know this industry very well, using foreign shell companies, tax SPVS to avoid paying taxes. Incentive is one thing, loot is quite another. Corporate greed has crossed all limits worldwide. As for Election spending, BJP accounted for 90% of the spending. Not sparing congress, they would do it too had it not been for their leadership crisis, but today the devil is someone else. As for who is the puppet? The kingmaker is always the one who controls the finances. The king is never truly the king, the king serves a role for the kingmaker.
Thank you Mr. Nair for your excellent analysis of our PM's contentions on entrepreneurshp and wealth creation. I think what we require is a clear distinction between wealth creation for the public good and wealth amassing by a few for their selfish end. A further distinction must be between monopoly and participatory entrepreneurship. What is affirmed today are primarily wealth amassing and monopolizing.
With privatisation, job reservations will not be available in private companies. Also the labour laws have been modified so much in 2020, that it is more in favour of company owner than to employees, compared to previous labour laws.
Super editorial. Message conveyed to whosoever it may concern with so much of jam👏👏👏👏👏
Finally after 70 years some common sense. 50 years after Swatantra Party leadership said the same words. I agree with you wholeheartedly. Starts with a WIN-WIN culture. A confidence-building culture. A creative risk-taking individual mindset is needed. An ELON MUSK mind set.
A cultural mind shift is needed. Difficult in a frozen feudalistic 2020 BC mindset.
Namaskar Sujit sir.🙏🙏
It's like a Anthony's speech, very nice Sujith. You are simply marvelous
Your usual style of 'Praise and pull down'. PM's speeches are always excellent. Only it will be ideal realm. When it comes to execution, I am not sure.
Sir. Sujit...you hit the point.
For all what you said, first and foremost there should be condusive atmosphere.
Mr Modi forgets how he has treated the intellectual wealth of the country (Universities & students). They are the future wealth creators of future India.
Minimum Government maximum Prosperity.
Excellent speech sir 🙏
Superb.
As PM says, private sector role will give healthy competitive environment.
Competition will bring the price down and the consumer get benefit.
But, you take for an instance the mobile tariff, incoming calls were free, no valdity peroiod on past days.
Is it competitive?
This is what the we should adore privatisation?
Hari anant hari katha ananta Modiji always...
Ham Do, Hamare Do, bas our kuch nahee.
It is not wealth creation in govts mind. It is wealth accumulation by some select group. Where is wealth creation ? Why it is not showing up in gdp?
Perfect Editorial 👍
The problem with Indian leaders / politicians / Industrialists / Managers is that when they speak they don't speak from their convictions but read from speeches prepared by speech writers.
Wealth should be created by proper means.
Not by shortcuts.
Perhaps only wealth creators are of supreme importance in the eyes of our prime minister Namo.
Government itself is a wealth creating body. The only difference is that the Profit gained by a government body goes to Public as per the rules set whereas the owner of a Private sector has no such obligations.
You are right Mr. Nayar, why go to welth creators, job givers were afraid of our government to speak even in our country.
I think his speech is in the backdrop of Farmer’s protest. As Government removed MSP and left private companies to deal with farmers. Govt is just trying to justify its stand and about the laws - 3 (farm laws)
Jugglery of good words we have seen a lot from the Government of the day, but there has been bungling in implementation of policies and lack of intent to do real good . Vilification and slandering will go on unchecked, and so called law enforcing authorities will continue harassing well-meaning entrepreneurs, not aligned to them politically or otherwise. People have got cynical having seen the track records of the ruling dispensation ~ on selling spree of even profiting PSUs and public assets all over the country .
Why not privatise the post of PM?
Lul
Thank you sir
Privatisation to what extent and at whose cost ?
It is not privatisation but competition that makes the difference. The way railways and airports and being privatised is just replacing government monopoly with private monopoly. That's not going to lead to any improvement.
Shocking to see 25 dislikes. May be they are from those from top 10 companies??
Wealth creators don’t give secured jobs , Don’t give safe job environment.
IN 1920 S A LABOUR GOVERNMENT CABINET MINISTER HAD COME WITH ONE STATEMENT THAT WAS WE RUNNING A COUNTRY NOT DOING BUSINESSES
I do not know where PM Modi got this term 'wealth creators' from, but I have heard 'wealth creators' being used for a long time by Mukesh and Anil Ambani.
As said by RG this government is Hum Do Hamare do, koi teesra nahin.
Fantastic analysis ...you just ripped it apart ..but will he understand
When the policymakers design a policy from the wealth creators point of view, then they are benefitted.
But if the policies are designed keeping in the mind of the consumer, then the whole economy gets a boost.
The wealth cannot be created unless the consumer has the purchasing power. Unfortunately, that aspect is not getting the attention it deserves.
Without public sectors there will be just monopoly..
Well said Sujith ji
First wealth and its owners are important. Congress and its public sector industries, financial institution are very very important for the nation than private sectors. Modi should stop the cheating of the nation.
Mobile phones move around, but it made the people bow before it making the viewer without moving his mind concentrating on the movements on the screen forgetting about his future, parents, affairs like marriage, education and jobs. I agree superb wealth creators, but not exploiting the poor or the have not's.
when we find faults in any policy we should also give a solution to it
Practically nothing is going to take place. Ambani and Adani is going to get everything.
Gujju, will always look after fellow Gujju’s
Adani and Ambani Rebuplic!😀
Hypocrisy at its height...your request will be unheard sujit sir..he is an unrepentant liar with sugar coated words ....
Jobs can be created by selling PSU's
What a genius idea
😂
There should be minimum Bachelor's Degree requirement for election day f a MP or MLA. For ministers, they should be minimum Post Graduation. These uneducated ministers of today give rubbish statements which make our great country look cheap in the world.
very well said
Many PSUs have been running successfully since independence, providing jobs to all sections of society besides keeping fair prices, which private sector seldom does. Private owners create wealth for themselves.
Moreover, how come only a handful of private entities are taking away our PSUs thus establishing some sort of monopoly. Instead selling successfully running PSUs under privatization, why don't government develop new sectors /industries through private sector ? Bring more competition for a healthy market...
After privitation of all Govt Companies/Undertakings/Banks/LIC/Railway etc etc,there will be no reservation for SC/ST/OBC.This is the agenda of BJP/RSS to abolish Reservation.
The only problem is - we just can't frame policies to make just 2 businessman get wealthy...
What PM is saying about wealth creation is not exactly a revelation. Who can possibly disagree? My quibble is by how much and doing what?
farming is the main sector to create wealth ...
Whether our tv news channels are public or private they will end up serving one person or else face trouble from that one person.
Wealth creators are important for political Parties. Giving everything to corporates and sitting idle is not good governance. If you dont know how to manage the public sector companies and make money for the govt and thereby back to the public, you will become the managers of corporates
I'm working in a government enterprises. My product is better than the top private sector product. But yet my product dont sell in the market. Because at my company we have to follow all the norms of procuring producing and marketing. All goes with open tender. Private people play with money and officials. We cant. Because even a small amount should be accounted. MOST OF THE GOVERNMENT ORGANISATIONS GET CALLS AND LETTERS FROM MINISTERS, MPs and MLAs. THIS IS MY PERSON GIVE HIM JOB. Over crowded the company goes into non profit.
In fact all public sector pharma companies failed miserably despite getting priorities in all government hospitals
I agree with you saying that IAS officers are unsuitable to run dairy enterprises because they lack the required expertise. But do not make the same comparison to agriculture ministers and what not.
While running an enterprise requires entrepreneurial skills, ministers on the other hand have a political role; not an administrative or entrepreneurial role.
In a political role, you are not required to make your turf perform well. Instead, you are required to direct your turf in such a way that it aligns with the interests of the nation. In that sense, it is perfectly alright for education minister to promote Ayurveda in medicine or Astrology in science because it is Ayurveda and Astrology that represents national interests; as seen by the voters. Whether or not you agree with the national interest/priority is a different issue.
Sorry if I am being pedantic but we need to untangle our own ideas before we start selling it to others.
The criticism of TWO BUSINESSMEN was smartly converted to criticism of "Private Sector" and "Youth."
TATA is also private, but they are way more respected than the PSUs. Remember, this is not Atalji's BJP anymore. This is now a party run by spineless individuals who must lick the boots of the Supreme Leader to hold their position.
De-regulation is a need of the day! Freedom to run the business independent without the governmental unwanted control is the eco system required for the private sector to flourish. Time has come to dampen the bureaucrats who stymie the business enterprises for their egos!
Sujith Nair sir please speak on how private firms still have employees under paycut. How firms took advantage of fire and re recruit with 30% paycut in CTC. 🙏🏽
Private firms are becoming leech 🙏🏽
No doubt wealth has to be produced. But it also has to be distributed. The view that Markets are a solution is outdated, they are actually the problem.
Only selective peoples can create wealth and given priority by seizing fate of others. GREAT FEELINGS FOR CRONIES.
Very true
Right..
Wealth creators are important but they are the ones who create more corruption
We still have manual sewer cleaning after all the great progress we made!!!
Creation of wealth for country is important but creating opportunities to create wealth at the cost of county is betrayal of faith vested in leaders. What about youth, the poor, the disabled, helpless, citizens who trusted him and voted?
It is easier said than done. Private enterprise may not be a panacea for all the ills. Nor does such enterprise always mean wealth creation. The so called competition encouraged through large scale participation does not in reality happen. We, in India have seen repeated failures in aviation, telecom, insurance and even retail. Nor do benefits percolate to the consumer or the worker, so to say. So sweeping statements by our Prime-Minister in support of entrepreneurship and privatization must be seen in the context of our not so rosy experiences of the past. Any economy in the world will need the support of the State and the social sector. Socialism need not be a bad word. In the end we aspire to be enlightened citizens rather than rapacious consumers.
Why can't government itself be wealth creator ?
two guys and one group creating wealth at the cost of majority indians
Our PM talks about role of Babus, are our ministers so capable that they can handle any ministry without the advice and help of Babus.There are lots of schemes but the Govt lacks in their implementation.
There should be a level playing ground.
The name district collector is colonial mindset . It should be changed to District Servant.
Govt lease term for the corporates is to run our assets for 50 years. Nobody has seen tomorrow hence what would be the fate of these assets after 50 years. Can the govt get back these assets and in what shape? Several leased properties of govt are in pvt hands and under litigation. There is no hope of recovery.
Without political backing and palm greasing Ambanis Andanis are zero. Open the market and they will collapse.
Exactly
Nice kurta Mr.Nair.
Our PM's speeches are fantastic always. But practice remains a big zero. Their idea is to give the opportunity to his trust worthy business people only who would fund their party by which the party can control the Indian politics in their favor.
You have to insert "only".
Only important.
While you are saying this, you should also provide information about how entrepreneurs are thriving in countries like China and compare it with indian conditions. Simply saying what everyone knows doesnt help.