India transformed in less than a decade

Posted 2023-06-01 06:39:02

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Morgan Stanley Report on India (Thread) Each n every Indian must know abt this report This report shuts mouth of misinformation spread by opposition n leftist media If u r not economics person no worry, I will explain this report in simplest language

This discriptive report says that India has completely changed in last 10 years n going to become economic superpower if current govt wins again in 2024 This report is imp coz it talks abt 10 policy level reforms by Modi govt that changed India These r those 10 big changes

1. Supply side policy reforms It's abt creating business environment by govt this grafh is abt infra building Infra (roads, metro, ports, electricity, broadband) r imp for business Gray bar = UPA govt years Blue bar = Modi govt 10 years 4 bars : roads, broadband, power, rail

This chat compares corporate tax worldwide It's imp factor for MNCs to make investment decisions U can see India's corporate rate tax is lowest among other competitive countries It was earlier very high but Modi govt reduced it to attract FDI

2. Formalisation of economy It's about how simplified, inclusive n transparent is ur taxation structure n economy This graph is about GST collection n u can see how it's continuously increasing since 2020 More GST means more turnover

This is about digital transection That r continously increasing year on year More digital transection means more formalize more transparent less informal economy

3. Real Estate regulation Act Rera brought more transparency n resulted in increase of real estate sales Real estate is one of very important segment of economy coz lot of other segments r directly associated with it U can see growth in last 3 years

4. Digitalized Social transfer In India 85% money used to go in corruption in social schemes, Modi govt completely degitalised it do u know by this Modi govt saved Rs 273 lac crore These blue n yellow lines r abt social schemes by Modi govt

5. Insolvency n Bankruptcy code UPA govt left mountain of NPA for Modi govt. Modi govt brought IBC act in 2015 n recovered Rs 8.5 lac crore from defaulters Check corporate debt/GDP How it was highest in 2014 n then started to fall

In this graph check grey bar Grey bar is impaired loan ratio A loan where less chances that it will be paid It was highest in 2014 n then started to go down

6. Flexible Inflation Targetting Inflation (mahangai) is also very important parameter in economy Inflation data from 1997 to 2023 Check the 2009-2013 period when inflation was highest Despite of war n covid modi govt controlled it in limits

7. Focus on FDI Red line is FDI Blue line is FPI In FDI investor comes to India n build factory, office here so it gives jobs, increase GDP In FPI investor just invest in share market n bonds n make profit, no jobs Check FDI FPI data before 2014 n after 2014

8. India's 401K moment 401K is US equivalent to 80C of Indian income tax It means investment (saving) by common public Red line : SIPs Blue line : Debt mutual fund Check the growth after 2014 (2020-21 exception due to covid but see recovery)

9. Govt support for Corporate Profit Basic rule is If investors get good profit, they will invest more otherwise they will go to another country Ease of doing business reforms, transparent policies, better logistics and infrastructure and rationalization of taxes caused it

10. MNC sentiments about India This is interesting analysis It highlights that the sentiment among the large corporates for India is much higher than that of China. Positive value means positive sentiment for India Negative value means positive sentiment for China

This chart is about India's export share in total world export Blue line : goods export Grey line : service export U can see after 2020 how it rose so high due to policy reforms of Modi govt

This report predicts that India's export market share will rise to 4.5% by 2031, nearly 2 times from 2021 levels India's per capita income will increase from US$2,200 currently to about US$5,200 by 2032 India will emerge as a key driver of growth for Asia and the world

Though these things r complex but people must understand importance of these things n explain to other people also Someone can give u hotel to stay for 1 day n take ur vote But ur real well wisher is one who builds ur home n it takes time Modi govt is building nation 18/18

India_transformed_in_less_than_a_decade

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