Government Pumping Money into the Economy is not the Solution for our Economic Problems

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63 comments Page 3 of 7.

Kuntala dutta said:   1 decade ago
Pumping of Money in Economy means contribution or extra money and it is not the Solution for our Economic Problems. Because most part of the money goes to the politicians swish bank or into their pocket. In one article said if we will distribute the money of swish bank's of politician then every Indian will get 1 lakh. Recently one annashree yojana has come for poor people but what happened all money has gone to politicians bank. So instead of this way govt should think another way. They should provide some good scheme to the farmer since our 25% GDP is come from farmer only. They should make less tax pay scheme for the poor people.

Another solution is that the government should increase its export by increasing the production of the product to be export and should decrease the import by producing those products in the India.

So, according to my thinking, pumping of the money is not the only solution to the problems and instead of this, government should think of the other solutions.
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Kavitha said:   1 decade ago
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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Swathi said:   1 decade ago
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.
(13)

Anand S said:   1 decade ago
Government should spent money on certain areas and a board of members should be kept in place to monitor and track the progress. Govt can also get into public + private partnership in raising funds and providing basic sanitation for families below the poverty line.

In states like Tamil Nadu, Karnataka where IT, ITES, BPO has taken a new face, billions of Foreign Direct Investments [FDI] are flowing in. Govt, should redefine tax policies in other states so that more & more MNCs would set up the OPERATION bases in INDIA. Ex: Andhra has learned these technique and now the benefit AP State has got is Microsoft has invested billions of $ in setting up the largest Development center in Hyderabad outside which is the largest outside USA also FACEBOOK has its BASE in Hyderabad [only operational office in INDIA].

As IT/ITES/BPO are getting popular amount the youngsters now, families living in Rural villages are getting loans for their children to sent them to engineering colleges. Govt can share the burden of these poor farmer and reduce the interest rates of the education loans.

India needs to grow more in areas like sanitation, integrated sewage system, infra us and transport facilities. Airports, Ports, Bus stations should be upgrade with more facilities and easy access to major towns, cities. As we can see Market is not stable and also India's rupees against US dollar is around 55 rupees IMPORT & EXPORT will redefine the GDP growth of our economy, Govt needs to setup a special team to analyze and provide input to the Finance Ministry for stable GDP growth.

Being Agricultural Country in background, Govt should provide beneficial mass health policies to the rural families. Also Govt need to take steps against unemployment, If unemployment is killed, we could see smile on all the youngsters.
(13)

Karan sharma said:   1 decade ago
I agree that pumping money into the economy is not a perfect solution for our economic problems because money itself is a very big problem as rich people already have large amount of money so poor people also wish to get it. Problems are increasing day by day by the increase in prices and this will also affect on the wealth of poor and middle class persons. In my opinion the government should have to control prices and by implementing new and useful laws as to decrease the economical problem's. Money is not a solution of everything but the usage of money at the appropriate time may be proven very useful.
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Ravish Kumar said:   9 years ago
Hello, friends. According to my scenario only putting the money is not the solution to improve our economy. Indian economy is based on agricultural and education so government should invest their money in these 2 fields. One important thing is that first, we should change our self in the field of corruptions. It is the wall which resists our economy. I don't have any questions regarding government policy to give the money in each field but it is not spent in a specific field. So I would like to request you people that don't take the money as a bribe and never give the money as a bribe. If it happens then our economy would definitely growth.
(10)

Priya said:   8 years ago
I believe that being a human being if we get an easy solution for any problem we do not grow. Same is the case with a nation. If government pumps money into the economy it gives an easy solution for dealing with the economic problem and in that way, India will never grow. We have to pay attention to issues such as education for all, introduce technology to rural areas etc.
(10)

Sambhav said:   1 decade ago
Pumping of money in economy is not solution there are various solution which affects the economy like.

India should reduce import of crude oil. Indian government should develop e vehicles and implement subsidy on oil like gas cylinders if people want more oil than they should give more charges. India should increase export commodities. Indian government Should provide more jobs to youngster by open new business and provide more facilities that persons who are trying to implement new interpret new business. Indian government Should provide more facilities to farmers so they can produce more crops that helps growth of Indian economy.
(10)

Ravi said:   1 decade ago
Pumping money is not at all a good solution.

If it is done then common people will get effected most. Because of uneven distribution of money in our country, Money will reach mainly to affluent people and never will reach to poor and needy people. Inflation is an another reason. High prices will again break the health of poor or middle class family.
(9)

Harsh said:   9 years ago
Hello everyone,

It is true that pumping money will not solve our economic problem because there is a lot of corruption due to which the money can't reach the right place. So we need to focus on corruption and priority should be to use the minimum amount of money and should use it in the right place instead of wasting it by giving it in the hands of corrupt people. There is a need of regular check on the flow of money so that there should be no leakage in form of corruption so money is not everything we need to work in the right direction for achieving a developed economy.
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