Government Pumping Money into the Economy is not the Solution for our Economic Problems
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63 comments Page 4 of 7.
Neetu singh lambha said:
1 decade ago
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.
(2)
Ankit Agarwala said:
1 decade ago
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.
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.
(4)
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.
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.
(9)
Shruti ajey said:
1 decade ago
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.
(2)
Sowmya Setty said:
1 decade ago
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. ,
(1)
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)
Harish said:
1 decade ago
Pumping of money in our country not doing in proper manner. We frequently listening some of government schemes and subsidies such as clearing loans this are not way spend money. Govt has to take steps to increase our production in agriculture. For that that govt has to take some responsibilities such as providing good quality seeds for farmer, by establishing more agricultural universities, govt will stop giving some subsides. Some govt schemes makes the peoples indolents. Try to increase production, with this exports will increase.
(6)
Santhosh kumar said:
1 decade ago
Here pumping money is great though it will do in a proper way.
If they can't do it in proper way it will effect on our country economic growth.
Other factor is that politicians always try to fill their bank balance and their property, they do not think about common man.
Another thing is that corruption.
In our vast country country people need money not their security f his family is good don't bother about other families this is the way how Indians behavior.
In my view pumping money is do in proper way to avoid from bad thing.
If they can't do it in proper way it will effect on our country economic growth.
Other factor is that politicians always try to fill their bank balance and their property, they do not think about common man.
Another thing is that corruption.
In our vast country country people need money not their security f his family is good don't bother about other families this is the way how Indians behavior.
In my view pumping money is do in proper way to avoid from bad thing.
(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)
Neha said:
1 decade ago
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.
(2)
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