Government Pumping Money into the Economy is not the Solution for our Economic Problems
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63 comments Page 5 of 7.
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.
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)
Sethu said:
1 decade ago
One question which comes up on my mind is "where do we pump money from", borrow from a rich nation or release the black money abroad, what is going to be the solution. As everyone say rich get richer poor get poorer. Frequently heard words in India are poverty, corruption, bookies, match fixing, all these words have a sole reason money.
When countries abroad thinks of technology enhancement, We Indians proudly say we are on the verge of finding a technology which would detect corruption. So as an Indian I would say rather thinking of pumping money better solve the social issues which are directly the cause of economy depletion.
When countries abroad thinks of technology enhancement, We Indians proudly say we are on the verge of finding a technology which would detect corruption. So as an Indian I would say rather thinking of pumping money better solve the social issues which are directly the cause of economy depletion.
(77)
Deeksha saxena said:
1 decade ago
Hello friends.
Here the question is whether the pumping money is the solution of the economic problem or not?
One question arise here is that from where this extra money to be pumped will come?
Definitely, as always happens in India, the poor people will get affected in getting this extra money and the result is they will get more poor.
If this happens then this idea of pumping money can not be the solution at all.
Yes, it can also be a solution if this extra money does not affect any one and the investment of this money should be at the right place. But, this is not so in India, because, more than half of the amount will go into the pocket of the politicians.
Also, it is not the only solution of the economic problems;
So, our government should think of the others solution that are: they should take care of the rural areas of the country,
Government should provide good facilities to the poor and also it should decrease the tax for the poor people.
Also, subsidies should be provided to the farmers.
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.
Here the question is whether the pumping money is the solution of the economic problem or not?
One question arise here is that from where this extra money to be pumped will come?
Definitely, as always happens in India, the poor people will get affected in getting this extra money and the result is they will get more poor.
If this happens then this idea of pumping money can not be the solution at all.
Yes, it can also be a solution if this extra money does not affect any one and the investment of this money should be at the right place. But, this is not so in India, because, more than half of the amount will go into the pocket of the politicians.
Also, it is not the only solution of the economic problems;
So, our government should think of the others solution that are: they should take care of the rural areas of the country,
Government should provide good facilities to the poor and also it should decrease the tax for the poor people.
Also, subsidies should be provided to the farmers.
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.
(39)
RANDHIR said:
1 decade ago
Pumping money by our Indian government is not in right way today Indian reached to such a position there every one even a child with worn are under a 25000 debt load and after that high price for food, house, and shelter so if really want to come out from this problem then we must aware of our economics our education system politician and our source of eligibility and take down all the problem below then India will com to the rich.
(1)
Prasad said:
1 decade ago
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 schemes like increase the production of crops, by increase the amount of export material and changing the interest rate, CRR and Repo rate government solve the problem of economy. Bye bye see you.
(7)
Subhash Sharma said:
1 decade ago
Hello friends,
I think that pumping of money in a developing economy like India has its pros and cons.
(1) As govt needs to implement its present policies at ground level more strictly instead of thinking to invest more money. Because we all know that the some share of money invested by govt on various infrastructure project are going to the personal account of many politicians and officers. Which cause scams like 2G, CWG etc.
(2) Govt should encourage local and small entrepreneurs to increase exports and reduce current account deficit. Which increase foreign exchange and appreciates rupee.
(3) Govt should regulate its on-going programmers/policies within the specified period. In order to avoid any misapplication of funds allotted.
(4) on the other hand if govt pump money in economy it increases the employment, GDP and literacy rate.
I think that pumping of money in a developing economy like India has its pros and cons.
(1) As govt needs to implement its present policies at ground level more strictly instead of thinking to invest more money. Because we all know that the some share of money invested by govt on various infrastructure project are going to the personal account of many politicians and officers. Which cause scams like 2G, CWG etc.
(2) Govt should encourage local and small entrepreneurs to increase exports and reduce current account deficit. Which increase foreign exchange and appreciates rupee.
(3) Govt should regulate its on-going programmers/policies within the specified period. In order to avoid any misapplication of funds allotted.
(4) on the other hand if govt pump money in economy it increases the employment, GDP and literacy rate.
(16)
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)
Naman sreen said:
1 decade ago
According to me government putting money into economy is not the solution of our economic problems. Government has to take steps to decrease it's budget deficit, putting more money into the economy will increase fiscal deficit. Currently Inflation, Current account deficit and debt to gdp ratio are main concerns, pumping money will increase all of them. Even if government pumps in money into the economy with various schemes like food bill or other bills, India does not possess the infrastructure to support these bills, so they are basically of no use. Even if these bills have a viable solution in them, the money raised for these bills is not used fully for the implementation of these bills but politicians use it to fill up their own pockets. Austerity measures have to be taken up by government to decrease further spending. This can be done by raising exports, decreasing imports through high tariffs and controlling the money flow by increasing CRR, Repo rate. Another step government should take to solve this problem is have investor friendly environment to increase the FDI inflow which will really help to improve our economies condition.
(22)
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.
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.
(15)
Raunaq said:
1 decade ago
Hi friends,
According to me pumping of money should be done only in the time of emergencies a country faces. If now for the reason of economic problems govt should take taxes and make policy for it but if pumping is done then before doing that a system for pipelining for it should be prepared and made available in public domain so that accumulation of wealth does not occur in the hands of few corrupt ministers.
According to me pumping of money should be done only in the time of emergencies a country faces. If now for the reason of economic problems govt should take taxes and make policy for it but if pumping is done then before doing that a system for pipelining for it should be prepared and made available in public domain so that accumulation of wealth does not occur in the hands of few corrupt ministers.
(4)
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