Government Pumping Money into the Economy is not the Solution for our Economic Problems
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- Assume, you one of the member of a real group discussion.
- Take the initiative to participate and contribute your thoughts.
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Neha said:
(Mon, Apr 16, 2012 09:57:23 PM)
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| As far as pumping of money in the economy is concerned , it should be done prudently & govt should observe money related problems very conciously it must be sorted out in a right way,not only by pumping in money in the economy. |
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Rate this: +2   -1
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Swathi said:
(Tue, Apr 10, 2012 07:05:29 PM)
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| According to me pumping money in economy is not at all a fine solution to the problem. Instead spending money in irrelevant areas it is necessary to put a maximum effort in making our India to be fast growing country all these will be possible only when government take appropriate actions spending money in beneficial areas like education, infrastructure, agriculture etc. |
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Priya Dang said:
(Tue, Apr 10, 2012 05:06:40 PM)
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| I don't agree with the view that government pumping in money is the only solution for economic problems. In country like India the main problem which the country is facing is the problem of illiteracy which is the biggest economic problem in our country. But government is not taking relevant steps to eradicate this problem. Just pumping money will not remove economic problems government should launch programs to make people aware of education and spend money in launching such programs which make people aware of importance of education. |
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Rate this: +0 -1
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Unnati said:
(Sat, Apr 7, 2012 05:28:22 PM)
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| We need a good governance to ensure that the money is being utilised properly. For a developing country like ours we need the government to pump money for various reasons like education, infrastructure, medical etc. But corruption is the major drawback of our country. There is a lot to be developed before we even come to par with countries like china, so we need the government to give this economy a boost but we also need stricter laws to ensure that the money is being fully utilized. |
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Rate this: +2 -0
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Tanutanu said:
(Sat, Mar 31, 2012 12:18:32 AM)
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I completely agree with the point that pumping of money is required by the government in all the stressed sectors like:education, health, agriculture etc.
But, by just pumping in the money won't be a solution. The government has to make sure that the taxpayer's money which the gov is pumping in actually results in doing something good and does not add to the black money of the corrupt people.
The scams in nrega, aadarsh society are known to us and that is the reason we want to know how our money is being utilized. |
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Rate this: +1 -0
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Sajid said:
(Mon, Feb 27, 2012 07:00:50 PM)
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| Pumping money in economic is not solution there are various factor which affects our economy like. 1. Export & Import-India is main importer of crude oil and other various commodities and export is very less so we should think in export perspective of commodity. Government should deduce their subsidy on exporting to growing export. 2. Debt Market-every individual try to deposit their money in bank at risk free rate there only 10 % of population deposits their money in debt instrument if government should attract investor in debt market so our economy can boost. 3. To provide special facility for establish new entrepreneur's in country because its supports production and provide employment and deduct the import. 4. We should think in terms of education in village which can help to grow our economy. 5. Our country is mainly depend on agriculture so we should provide new technology to the farmers and provide subsidy in fertilizers and pesticides. These factor can grow our economy if we would think on that side. Pumping of Money in Economy means contribution or extra money. Extra money comes from which sources: if RBI print new notes and pump in the market the result outcomes is huge inflation and the mismatch of Demand & supply. So that pumping money in the economy is not only a solution but searching new scheems like increse the production of crops, by increse the amount of export material and changing the intrest rate, CRR and Repo rate government solve the problem of economy. |
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Rate this: +8 -1
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Shikha said:
(Sat, Feb 25, 2012 08:36:57 PM)
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Yes it is the duty of our elected candidates to work for us. If the economy is in need then government should pump in money, but it also has to keep a check on it whether it's being used in the right direction and for said purpose.
1. With more than 60% of population which is =/>25yrs, our govt. Should develop employment oppurtunities even in these slow economic conditions.
2. When the whole euro zone is in deep economic trouble with its increasing debt our govt. Should invest in manufacturing sector as it will end up in giving us industries, employment & self reliance which will make us resistant to ups and down of the world economy like brazil. Moreover we will not create highly "qualified labourers" as services sector is booming.
3. More investment should be towards education & health care facilities. As a healthy mind rests in a healthy body and moreover "Padhega India tabhi to badhega India".
4. Bailout packages should be given to striving industries but it should not be that much frequently and easy. As it is THE TAXPAYERS MONEY so should be used but not misutilised. |
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Rate this: +5 -0
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Akash Hp said:
(Wed, Feb 8, 2012 10:20:19 PM)
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| Yes, Pumping money is essential but in some areas only. For an instance, There should be enough public transport system to promote public transport which would directly result in less fuel consumption by an individual. Other areas where pumping money is education, that too Quality education. Children should now be made to concentrate on practical ways of learning and should give up theoretical approach. Money should be invested in research of Machineries, agriculture, pharmaceuticals which would reduce our need to import such products and would directly save our valuable foreign currencies. Thus, I conclude that spending or pumping money should be in right direction. |
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Rate this: +4 -0
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Nagapriya said:
(Tue, Feb 7, 2012 04:41:32 PM)
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| Yes I agree with this topic. Government just pumping money to meet the needs doesn't solve a problem. It is the government responsibility that it provides the solution. For e. G the money alloted for repairing roads is not utilised properly. Instead they take a fewer steps and after a certain period they leave the roads in a nasty condition which increases traffic and inconvenience to society. Not only this, people should start how to increase exports. |
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Rate this: +3 -0
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Jimut Rakshit said:
(Sat, Jan 28, 2012 07:25:04 PM)
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| Yes, I am totaly agree with the statement that government pumping money in economy is not the actual solution, spending money is not the actual solution to get the hell out from the problems, the think is that whether you prperly utilized the money?or shall it utilized in proper sector?Though we are rising country, developing country, but we still far behind the developing economy like China, South korea, South africa, interms of our infrastructure, education, technology, rural India is as usual as it is. Let's take an example from economic India->India's shipping channels being too shallow, much of the containers destined for the country and carried by such large vessels have to be trans-shipped at ports in Colombo, Singapore or Dubai. Indian ports won't be able to handle the world's biggest cargo ships when they start sailing because facilities in this country aren't capable of handling the vessels or the volume of containers they carry. Our product is such inferior that our neighbour country even Bangladesh don't want to accept our product!so in what sense or which way government pumping their money?It's totaly a bullshit. Even many small scale & middle scale industry's are dying. So is that make any sense goverment pumping money in economy?Even company like kingfisher also suffered from 468 cr loos. The main problem with our economy & people is we only believe in Import from developed nation not in export. So we are far behind the foreign reserve surplus which is having with the country like Japan, Russia, China, South korea. Even our GDP which is US$3,892.752 which is expected to be in 2016 which is far behind country like Jamaica US$ 9,178.414. If goverment properly utilizing their money in manufacturing hub by properly utilizing our strength chief labour, which was exactly doing by our neighbour country China. Then only our country economical can be solved. |
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Rate this: +10 -2
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Ankit Agarwala said:
(Wed, Jan 4, 2012 12:03:04 AM)
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Yes , I agree with the topic because its not the ultimate solution to this problem but only temporary which will have myriad side effects on our economy. But if the Govt encourages export, Invest in infra as well as harness more quality work force and educating the youth and illiterate will be a pragmatic decision as we know that 2/3 of our country is an agrarian economy.
So invest in an sector that fixes the root causes of our problems and see the GDP rate rising rapidly and eradicating poverty and corruption from its root and become a super power nation within a decade or so. |
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Rate this: +4 -0
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Ranjit Basu said:
(Mon, Dec 5, 2011 10:50:54 PM)
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According to me pumping money will solve the monetary crisis for short term but adopting significant measures would be a better idea in long run.
Pumping money into the economy always had an adverse effect in form of increased taxes which in turn the people need to pay.
More over the Indian govt mostly rely on FII for infrastructural project and other development. So need to concentrate on attracting FDI and FII and prevent erosion of domestic treasury.
Since Indians have a peculiar habit of saving rather than spending the govt should find out new ways and means to attract these small funds towards the development of the society. One such way is mutual funds.
Apart from this if the government really wants to improve the economic condition of the society then it should have a proper focus on the usage of funds and the application of funds in respect to the activity. |
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Rate this: +19 -3
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Pankaj said:
(Wed, Nov 30, 2011 09:31:24 PM)
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According to me government should pump money in the economy but in right direction we dont have proper infrastructure facilities, healthcare facilities, educational facilities,so how can we dream of a country with high growth rate and development. As previously said by one of the participant that government should keep track of the activities which it undertakes by pumping more money.
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Rate this: +5 -0
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Kavitha said:
(Wed, Nov 2, 2011 10:47:50 PM)
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Yes i agree with the statement. In most of the cases the money suplied by the government is misused by those who sit in authorities for their personal needs or they are not utilised properly in the areas of public interest. For instance how many roads are remaining unrepaired? adequate health care is not still extended to the poor parts of the country. What is actually happening..? the illiterate are mishandled.This is all the problem of governing bodies not all are targeted but most of them, who uses the public money to satisfy their unsatiable greed.
Indian economy is mainly agro based, so famers shoul be encouraged, by providing money and equipping them with the latest technologies, for this education has great role. Proper utilisation of land and wealth along with the involvement of skills and newr ideas if put togeter will help the nation's economy.., so simply pumping money is not a solution
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Rate this: +12 -2
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Sowmya Setty said:
(Wed, Nov 2, 2011 05:02:37 PM)
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| Pumping in the money will not be a solution for the economic problem as because inflation and recession are major economic problems which arises either due to more money in the economy or lack of money in the economy where pumping in money will defiantly accumulate in few hands rather than spreading in the economy so either by sucking the money from the nee-sh people to avoid inflation ex which Rbi takes steps as increasing the oil price, alcohol and cigarates price etc. , and times of recession it take steps as decreasing the rates etc. , |
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Rate this: +1 -0
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Ms Khan said:
(Tue, Oct 11, 2011 12:04:40 PM)
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| Yes definately I agree that pumping money in economy doesn't mean grow of economy. We all know that 70% of real India resides in villages. We always talk about the India which is signing in cities and we never give a thought to India which resides in villages. The basic infrastructure such as roads, water, hygieine, education, electiricity, is missing in real India. The foreign comnpanies which are investing in our country want to have a safer destination in cities thus the cities are signing. Because government care musch about the FDI rather than thinking about the common people. Unless or until the common people gains on economical front there will no real economical growth. The govt should create infrastructure in villages and towns so the foreign countries don't hesitiate in investing in town and villages. When the dollars will reach to the villages and towns and India that will be the real Indian economic growth. |
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Rate this: +36 -1
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Neetu Singh Lambha said:
(Fri, Oct 7, 2011 01:23:30 PM)
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| Yes definitely pumping of money can not solution of economic problems, if our govt really wants to help, improve or contributes in our economic than govt have to take some importance steps like, as we know that, Agriculture is the back bone of our country 73% people depends on agriculture so our govt should provide new technologies for farmers and it will really help to maintain the balance and make a strong back bone of our country because friends nothing can change but we can change to our self according to these things and result will be front of you. Thank you that is from my side. |
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Rate this: +2 -0
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Mukesh Mk4 said:
(Sat, Oct 1, 2011 07:19:50 PM)
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I am not agree with the word pumping because the rising economy is paying back to the society and pumping is irreversible process. Its a kind of investment, for the profit in terms of facility, living standard, higher education, defense services etc. It maintains the liquidity of the market as well as market prices.
Picture a condition when govt has reduced the market investment then the bank interest rates will reach to sky. I think govt must maintain an economy level in order to bear the small economic fluctuations. |
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Rate this: +1 -0
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Shruti Ajey said:
(Sat, Sep 17, 2011 01:21:39 AM)
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| Pumping money into the economy by the govt is certainly not the solution because the money is hardly utilized for a noble cause. It seldom trickles down to the area where it is required and rather goes into the pockets of the bureaucrats. The solution lies in enlightening the people who are indirectly running the economy. There is dire need to educate them regarding the judicious and economic use of resources. India actually resides in its villages, so it is must to educate the villagers on how to multiply their money by investing in fixed deposits. |
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Rate this: +2 -2
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Neha said:
(Wed, Aug 3, 2011 12:00:54 AM)
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| Yes. I partially agree with d statement. Monetary investment is obviously must for growth and economic developmen. T govt needs to spend on weak sections of society to accelerate growth. But dats not sufficient. Simultenously care shud b taken the money invested at right locations nd properly spent for betterment. Nd consequently other prob of inflation nd mismatch of demand and supply shud to prevented. As excess supply of money vil lead to aggravation of othr problems nd nt serve d purpose so balance must be maintained. |
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Rate this: +2 -2
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Shibli said:
(Wed, Jul 13, 2011 11:18:27 PM)
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| Pumping money by goverment, yes it is the liability of the goverment, but it is not a ultimate solution for the economic crisis. It is like investing money in to a dying business. At the same time you pumping money to the crisis same time have to look for the cause of crisis and it has to be rectified. |
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Rate this: +1 -1
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Sweety said:
(Fri, Jul 1, 2011 09:06:46 AM)
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Yes I partially agree with the topic "GOVT. PUMPING MONEY IS NOT THE SOLUTION FOR ECONOMIC PROBLEMS".
I don't say govt should not spend money on economic problems, it should but it should be in such a way that it is beneficial for all in great extent.
->Goverment should be able to find the economic problems and it should spend money on it and should see that problem is solved. I mean to say that govt should spend the money and also should monitor thatwhether the problem is solved or not.
->Government should spend the money in villages where there are no proper roads, no current facilities and help the children to make them study.
->Now a days many government hospitals are not provided with the necessary requirements. Government should spend money on them as it is very much required for poor people who don't have money for their treatment in private hospitals.
->Goverment should see that the most common economic problems like increse in petrol prices, commodities should be reduced.
->Government should provide ways to eradicate unemployment problem.
->By doing this, There is no doubt that our country will become a developed country. |
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Rate this: +49 -10
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Sukesh Kumar said:
(Mon, Jun 13, 2011 02:12:57 AM)
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| Yes, pumping money is the economics not the solution of the econics. |
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Rate this: +3 -20
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Pinki Shaw said:
(Wed, May 25, 2011 01:12:31 PM)
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| To my mind pumping money into the economy is not the solution for our economic problems. Today there are so many economic problems in our country like increase in prices of oil, food, increase in imports, unemployment problems, increase in inflation rate. If more money are supplied in the economy it will make condition worse rather than solving it. Government Should adopt adequate measures to solve economic problems rather printing new notes and increase the supply to create this balance between supply and demand. |
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Rate this: +3 -2
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Pawan said:
(Sat, Mar 5, 2011 09:03:01 AM)
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Yes my dear friend said correctly pumping money in economic is not solution there are various factor which affects our economy like.
1. Export & Import-India is main importer of crude oil and other various commodities and export is very less so we should think in export perspective of commodity. Government should deduce their subsidy on exporting to growing export.
2. Debt Market-every individual try to deposit their money in bank at risk free rate there only 10 % of population deposits their money in debt instrument if government should attract investor in debt market so our economy can boost.
3. To provide special facility for establish new entrepreneur's in country because its supports production and provide employment and deduct the import.
4. We should think in terms of education in village which can help to grow our economy.
5. Our country is mainly depend on agriculture so we should provide new technology to the farmers and provide subsidy in fertilizers and pesticides.
These factor can grow our economy if we would think on that side. |
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Rate this: +14 -3
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Nitesh Ojha said:
(Thu, Aug 12, 2010 07:50:53 AM)
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| Pumping of Money in Economy means contribution or extra money. Extra money comes from which sources: if RBI print new notes and pump in the market the result outcomes is huge inflation and the mismatch of Demand & supply. So that pumping money in the economy is not only a solution but searching new scheems like increse the production of crops, by increse the amount of export material and changing the intrest rate, CRR and Repo rate government solve the problem of economy. |
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Rate this: +17 -1
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