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

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63 comments Page 5 of 7.

Akash hp said:   1 decade ago
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.
(6)

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)

Unnati said:   1 decade ago
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.
(5)

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)

Himanshu singh said:   4 years ago
Hello friends,

As we all know that, India is an agricultural country in which 70% population of this country directly depends on it. And there is no proper solution and management for sustainable agriculture policies and because of lack of technology and proper management farmers are not able to lift up themselves. And just because of pumping money the govt thinks that we help farmers or people then they are wrong. Because as we all know that Indian govt is corrupted it also adds in the pockets of our highly respectable ministers. Govt should take strict actions to combat corruption in order to improve the current situation of our country where the poor are getting poorer, and riches are getting richer. So, pumping money is not the solution. Investment of money in the right way according to that need and keep proper management of that money is more reliable rather than pumping money into the economy.

Thank you.
(4)

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.
(4)

Tanutanu said:   1 decade ago
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.
(4)

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.
(4)

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)

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.
(4)


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