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

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63 comments Page 4 of 7.

Mohammad najeeb said:   1 decade ago
I will agree the government policy of investing the money into the economy, as it generates lot of employment opportunity to different section of people and more over when you spend some money on any purpose you will definitely have outcome also, it is up to you to decide how to spend the money and procedures to make it prosperous. At last this not the policy that makes advantage but procedure and strategy to implement it efficiently.
(5)

Sravani said:   1 decade ago
Pumping of money in economy indirectly speaks extra money. Extra money comes from people in rural areas. Because all the peoples of India are in rural areas. They spend their life on cultivating crops. So in that way our government encourage them like provide more quality subsidy and provide fertilizers for less cost. So we increase our growth.
(6)

S.bhavani said:   1 decade ago
Hello friends.

Yes I will agree that govt pumping money in to the economy is not a solution for our country why because now our country facing more more economic problems. First our govt recognize the where the problem was occurred and rectify it for do this it should spend the money first after that it should monitored it.
(4)

Manisharma said:   1 decade ago
As my friends said, pumping money is not a solution of our economic problems. Whatever money government invest in our economy, only 30% of that reaches where it has been invested and remaning money gone to the pockets of our politicians. So there is a need to invest the money at the right place and correctly so that it can reach to the place where it can be used correctly. A seperate department should be erected to have an eye over the money government invest in diffrent fields only then it can help us to rise our economy.
(56)

Vishal Jagtap said:   1 decade ago
Hello Friends,

I would like to share my thoughts on this subject, First I would like to ask one question, What Govt need to pump money in economy, the answer is obviously because of less liquid cash in the market, now why this cash is not sufficient because our many politician people earned money from black business and they deposit money into outside the country like Swiss bank, and this is the main reason our govt now facing the problem of liquidity in cash, secondly now a days many people use plastic money instead of hard cash and that is also the reason like all hard cash money is hidden and no one can ready to spend it. So my conclusion on this topic is definitely pumping money into economy is not the solution but yes if our govt can concentrate on increasing new business and giving maximum job opportunity to the young crowed. INDIA is based on agricultural so yes 75% population is belong to village area and they are depend on farm and cattiness so govt has to launch some scheme or package which helps them and ultimately its effected to all nation.

That's all from my side, thanks you so much for giving me chance and please rectify me if I am wrong.
(25)

Sasikumar g said:   1 decade ago
As per my opinion pumping money is not the sole solution to the crisis in the economy. I have only short term effects and in turn it worsens the inflation. We require a long term strategy rather than thinking immediate effects. Other economic measures are to adopted along with pumping money in to the economy.
(2)

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)

Neha said:   1 decade ago
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.
(5)

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)

PRIYA DANG said:   1 decade ago
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.
(3)


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