Hn_Ani2_Gj_Ahmd_Congress_Leader_Ranga_Rajan_Mohan_Kumar_Pc_02-53-47

ETVBHARAT

default

Transcript

00:00The bank removes a loan from the balance sheet from the NPA.

00:04So what is the conversion of that person who is going to collect that loan?

00:08They don't have any incentive for this.

00:10Their balance sheet is cleaned.

00:12And they leave.

00:13Whatever they get, 10%, 5% will be seen later.

00:17So this is going on again and again.

00:19They are trying to concentrate the economy.

00:23In every sector, you will see,

00:26for example, if you try to buy an airline,

00:29if you try to go on a flight,

00:30have you seen the price of a flight these days?

00:32Why?

00:33In every sector, there is only one or more than two airlines.

00:37So when there is no competition,

00:39then what will happen?

00:40Prices will increase.

00:41If prices increase, then what will happen?

00:43It will be a problem for the common man.

00:46Now we are trying to kill the common man in GST.

00:50This is a miracle.

00:52We should get help from somewhere.

00:54We are seeing that for the last 10 years,

00:56maybe the minister will do something for the common man.

00:59Will he get a new income tax plan?

01:01He didn't get anything in that either.

01:03I don't know.

01:04After doing 4-5 calculations,

01:05only 5,000 rupees are left at the end of the day.

01:07You must have seen.

01:08He gave a lot of relief to the common man,

01:10as he said, in that time budget.

01:13So this is the way the government is going.

01:16And now if you ask,

01:18brother, why is our GDP growth rate 5.5%?

01:21Why doesn't it increase?

01:22People will say,

01:23sir, the election came,

01:25so the government couldn't spend much.

01:27And if the government doesn't spend,

01:29then there will be no growth,

01:31the economy will not move forward.

01:32But you think for yourself,

01:34that since we brought liberalization reforms from 1991,

01:38since then we are a private investment led economy.

01:42That is, if industries invest,

01:44capacity utilization will increase,

01:46new products will be produced,

01:48only then will jobs be created.

01:50If jobs are created,

01:51then salaries will come.

01:52If salaries come,

01:53then consumption will increase.

01:54By increasing consumption,

01:55industries will produce again.

01:57This is a very simple thing.

01:59You want to do all the investment through the government,

02:02but no private investment is coming from it.

02:06This time you will see,

02:07if in the coming budget,

02:08the private industry has put its demand,

02:10what is he saying?

02:11He is saying,

02:12brother, give some money to the common man,

02:15so that he starts spending a little.

02:18If he spends a little,

02:20only then will we go and produce.

02:23We will increase production.

02:25You are coming to us again and again,

02:27by saying,

02:28you please increase your capacity,

02:30increase your investment,

02:32but we have no benefit of increasing investment,

02:36when there is no customer.

02:38And you are taking all the money of the customer in tax,

02:41whether it is tax on petrol and diesel,

02:43whether it is slabs of GST.

02:47So this problem has increased today and has reached our GDP.

02:51The loans that people were getting,

02:53which they were consuming,

02:55have also stopped due to RBI.

02:57So now,

02:58when there is no consumption,

02:59the production has slowed down.

03:03So in the coming days,

03:05unless we do not simplify this GST,

03:09we will not correct it,

03:10we will not remove its complications,

03:12irrespective of where the consumption is,

03:15we will not put 30%, 28%, etc.

03:18and will not try to tax it,

03:21then our economy will not grow again at 8%, 8.5%.

03:27And if it does not grow,

03:29then it is a very serious issue for the country.

03:32Because in an economy like ours,

03:34where there are still a lot of people,

03:37about 80 crore people are being given free food,

03:41who are still below the poverty line.

03:44You can check the government figures,

03:46they say that there are no poor people,

03:48but they are giving food to everyone,

03:50to so many people,

03:51so there are people in poverty.

03:53So if we have to raise them above the poverty line,

03:56then we have to continue to grow our GDP

03:59by 8.5% for the next 10-15 years.

04:04In this 5%-5.5% GDP growth,

04:07people will go below the poverty line,

04:09not above it.

04:10So it is very important for us to understand this.

04:13And through this press meet,

04:16basically we want to tell the central government

04:21that our Manmohan Singh ji said,

04:26when we were going to bring GST,

04:28we were talking about a very simple,

04:30three-slab GST.

04:32Neutral, plus and negative.

04:35In which there was also an exemption.

04:37So we should immediately implement

04:40a GST system like that in this country.

04:44And we know that the Prime Minister,

04:47the promises that he made in our judiciary,

04:50like employee-linked incentives,

04:53we talked about the apprenticeship program,

04:55he has implemented these things.

04:58So we are confident that he will win.

Category

Transcript

Recommended