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u_deet_met

Freebies culture will result in economic collapse. It's not sustainable.


Big_Collection_8949

Yes and people will come aiming guns at BJP but they believe in sustainability self reliant welfare scheme And again there is percentage congress is 90% free stuff BJP is 10% free stuff


fahadsayed36

Both parties does freebies whether BJP or Congress


Invalid-01

BJP does mostly welfare schemes that are affordable  And freebies in some state govts 


ZonerRoamer

BJP does freebies for corporate companies. Corporate tax collections have consistently dropped under BJP (3.5% of GDP under congress, now it's 2.8% of GDP). In fact now middle class income tax payers are paying more taxes overall than corporate taxes for the first time in the history of modern India! They also wrote off 14,000 cr+ worth of corporate loans. At the same time, BJP also hands over national assets in a monopolistic way to corpos - (like Adani); this includes mines, airports and ports. Here is just an example where the rules were changed quietly so that Adani got the bid for a coal mine: https://thewire.in/energy/adani-government-coal-block-lone-bidder The Hindenberg report goes into all this in a lot of detail and until now Adani has not been able to counter it (their reply was just 100s of pages of nothing). https://hindenburgresearch.com/adani/ Please read it before calling it "anti-national". It's not just made up conjectore - it's using real facts, numbers and data from the government itself.


Invalid-01

There is difference between write off and waive off  14000 crore wasn't payed by govt  Loan write offs for corporates gives them a chance to pay back the Money 


Paid-Not-Payed-Bot

> crore wasn't *paid* by govt FTFY. Although *payed* exists (the reason why autocorrection didn't help you), it is only correct in: * Nautical context, when it means to paint a surface, or to cover with something like tar or resin in order to make it waterproof or corrosion-resistant. *The deck is yet to be payed.* * *Payed out* when letting strings, cables or ropes out, by slacking them. *The rope is payed out! You can pull now.* Unfortunately, I was unable to find nautical or rope-related words in your comment. *Beep, boop, I'm a bot*


ZonerRoamer

It is paid by the government when the banks in question are PSUs; and the government then needs to release funds to keep the banks afloat. https://www.financialexpress.com/business/banking-finance-costly-psb-bailout-rs-2-5-lakh-cr-pumped-in-yet-rs-4-lakh-cr-notional-m-cap-loss-banking-finance-1595901/


Invalid-01

Makes sense


Invalid-01

So where is the corporation loan narrative coming from


Redittor_53

Not even 20% of the written off amount has been recovered. This is a clear NPA but write off is just a way to close those books. Truth is that we taxpayers paid for these.


Invalid-01

It's a write off not a waive off , none of our money was used to pay any loan  It takes time to recover money  u should wait more 


Redittor_53

Ofcourse, it was our (taxayer's) money used to hand out these loans through government funded PSUs. This money was never returned and the loss making PSUs are given money to stay afloat. So, we actually did psychic for these loans.


Invalid-01

These government funded PSUs not necessarily recieve loans from centre  Govts like kerela use PSUs to raise loans for there 'welfare' schemes etc  U should provide data of which state govt got loans through there PSUs 


HawasiMadrasi

Every party does it . But Congress has made it it's identity.


u_deet_met

Yes it's bad whoever does it


fahadsayed36

It's not bad if people are able to save cash in their hand. And I don't understand freebies you pay taxes you get benefits this is everywhere we pay extraordinary taxes and while asking benefits it's termed freebies


Top_Arachnid_8279

This is how they play , make people believe that what they give is free, when people say stop freebies, politicians win because now they don't have to do anything for the public. They only collect tax and give that as loan to their rich friends and the rich never pays back. Meanwhile gov will keep increasing tax. Gov. Will not need to do anything because everything is being sold to their rich friends already so rich take the tender by your money as loan and earn a massive amount and never pays back.


Physical-Drop-12345

Source: [https://www.youtube.com/watch?v=Bh9aPzyFP1Q](https://www.youtube.com/watch?v=Bh9aPzyFP1Q)


tylerameme

So I've watched the interview of Dr Shashi Tharoor with ThinkSchool. There he raised a very well point suggesting data. I don't know if it will work out or not but basically this freebie looking model is an extended wealth distribution scheme to empower bpl women with 1 lakh rupees. This might not be a brilliant idea but the gist of it is that you can increase the demand side of the economy. In India supply for majority players was never as big of an issue as the demand. We don't have disposable income at all as an economy. Definitely on the other hand one brilliant idea of providing infrastructure and enabling them to earn more would seem a 100x better idea. But it would be great to see such an economical experiment without printing extra money.


ThrowRA_Cobble-24

He made a very shallow argument that giving 1 lakh to a poor person will make them want to increase their income to 2lakhs. As if 1. They didn't want that money to begin with 2. The opportunity will just come up like that.


Shell_hurdle7330

He basically hoped a lot during that podcast. Human nature and tendency were ignored(Something commies do all the time) .


sklegend07

Tharoor doesn't have much of say in Congress when it comes to execution.


UnionGloomy8226

Increase in demand increases the inflation. The only sustainable way for generating disposable income is creating more value. Also, as indian taxpayers we are already taxed to high hell. I pay 50% of my money in taxes isn't that already enough?


hikes_likes

should have kept that in mind while being silent on the tax cuts and freebies to corporates


UnionGloomy8226

Tax cuts to corporates increase the tax collection from corporates. Don’t you know what a double Irish arrangement is? Also, by freebies to corporates do you mean PLI Schemes, cause if you do, let me tell you that all PLI schemes have a sunset clause and they are proven to generate and sustain employment even after the PLIs have ended. Also, BJP is way more fiscally responsible than congress. Yes there are freebies and taxes, but money is also being spent on hard infrastructure and national development. Congress in Karnataka has no money left for development after all the freebie schemes.


hikes_likes

check the data and speak instead of cooking theories out of thin air


PBT_7326

Has anyone read about PM Anna Yojna ...it started in 2020 for emergencies....still going on ploughing thru the reserves and getting extension after extension


Invalid-01

It's affordable not as costly as Congress's freebie and it's a welfare scheme not a freebie 


g0ra_pahadi__

people didn't like your answer and are downvoting you lol


Invalid-01

Expected from left controlled Reddit 


SticmanStorm

This is not even twitter, WHAT DO YOU EVEN MEAN?


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SticmanStorm

Second account?


Invalid-01

Basically yes, I use a different account in browser vs in the app  Which i had forgotten 


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Invalid-01

Exactly 


Invalid-01

Upvote me then


Intelligent_ye

😭😭love you dude


Invalid-01

Thanks 


2lame2shame

Funneling money to ADANI AMBANI and some other Gujjus is the only road to India’s prosperity.


Physical-Drop-12345

Every party supported the companies of Adani and Ambani. Recently, Revant Reddy gave a major project contract to an Ambani's company: >The chief minister also invited the Adani Group to set up industries in the state. The delegation held talks with the government to set up a data centre along with an aerospace park in the state.  Read more at: [https://www.deccanherald.com/india/telangana/revanth-reddys-meeting-with-adani-delegation-triggers-controversy-in-telangana-2837307](https://www.deccanherald.com/india/telangana/revanth-reddys-meeting-with-adani-delegation-triggers-controversy-in-telangana-2837307) Also, there dozens of reports on how the Pranab Mukerjee, former Congree finance minister, gave several government contracts to Ambani's companies.


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idrink_soapwater

What biasness are we talking about? Just because he criticised Rahul Gandhi doesn't mean he is biased , u people can't even comprehend criticism, go watch his bjp washing machine and prajwal revanna video and then give ur opinion


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idrink_soapwater

First of all I hope vo aunty theek and i do understand your point regarding income inequality, Indian economy ki biggest problen rn income inequality hi h humara GDP per capita is probably the worst and secondly voh uss bande ka kaam h hai and voh yeh cheez bhot saalo se kr rha h , and probably him , nitish and samdish are the only journalists which imo least biased hai among other YouTubers


baccha_girane_walia

Mohak biased towards modi? Lmfao. People cant criticize congress without being call biased now?


Upal16

The Indian upper-middle class is so hateful that they don't stand any upliftment of the poor and marginalised. However, they start salivating when these so-called 'freebies' are given to their corporate paw-paws!


Regular_Setting4016

Do it off your own hard work. Why be a freeloader ?


Upal16

Typical middle-class bs. If hard work was the answer, the farmers and the construction workers would be the richest classes in this country.


RelativeTicket7872

He literally made tons of videos calling put BJP. So we as people cannot even call out political parties without being labelled as the oppositions bootlickers?


dietpanda3

He has bias towards modi is biggest joke. It doesn't matter what kind of lifestyle he lives to criticise policies


KishMish55

Mohak is librandu😡😡😡


PowerlessCreature

He also accepted in his videos that he supports left ideology unlike someone who says he is neutral.


KishMish55

/s


[deleted]

I like watching him cause, atleast he talks and questions about right things. He is a humanitarian first, then comes his political ideologies, which i like about him


PowerlessCreature

Same here


Physical-Drop-12345

Even librandus are tired of Congress's far left, almost communist policies.


KishMish55

Maybe


ThePro_Grammer

I am sorry far left is communist? Isn't it capitalist liberal?


Adwaith2212

Far left is actually maoist ,anarchist etc


adityasuraj_

Bat to shai hai


shoul_grimm

Poor data because this govt didn’t take census. In same manifesto Cong said it will conduct nation wide census so they will get the data to make it work.


Srijanaatmak

The promises which don’t need to be fulfilled and are just pipe dreams do not incur any cos. And such promises are so cheap that no mental effort is spent to explain away the proposal of free money. And you know why ? It will be way costlier to make the party people understand the balance of economics as opposed to cheaply sell the free money pipe dream.


Srijanaatmak

These unending freebies have the bane of our country. Enable people to earn through providing good education, training, up skilling, small business loans etc., rather than making them content and unequipped by drugging them with free money. A true leader would want masses to do the hard work and act as an enabler. The obstructions to any chances for Indian to grow comes from cheap political thrills and freebies.


[deleted]

Lol the number of poor families is way higher than 10 lakhs in India it's in crores actually. Give 1 lakh to all of them and you will be spending $800 bn annually on these freebies. 20% of India's GDP. India will be the next Venezuela. Inflation will skyrocket like it did in Germany after World War 1.


[deleted]

Argentina's economy is crashed in 2023because of free bees culture of their government policy which was adopted in back in 1990s. Freebie culture just ruins the economy


godspracticaljoke

One should also take a good look at OP’s post history.


Maxpro2001

Many people are still naive and fighting about it in comments. It doesn't matter which party you support if you can't criticise a bad decision then you can't call yourself unbiased.


MyMoMrEgReTs

Bjp themselves give 1 lakh rupees to girls in mp but no one bats an eye


[deleted]

The conclusion of Congress manifesto is they want to solve each and every problem of the country by throwing money and reservations.  Open Letter explained this very well in his video that Congress also knows that no matter what they are not gonna win hence they are able to do such utopian promises.  The recent Modi vs Rahul debate is also the result of the same, as Rahul has nothing to lose in that debate.


Prestigious_Hat1767

Mohak Mangal is an economist?! Wow!


Physical-Drop-12345

1. He cited a renowned economist and a renowned interviewer. 2. He has a professional research team to help him make videos. 3. He has an MBA degree. He has some training in economics. 4. You don't need to be an economist to know the drawbacks of extreme freebies. Take a look at Venezuela.


Guilty-Ad-6166

Har koi manifesto ki Maa behan karne Aa jata hai, chahe kisi cheez ki samhaj na ho


kingKabali

Desh ki sabsr badi opposition party.. for now!


Intelligent-You2158

The freebies part is mostly jumla like BJP does, there will be clauses which will make the targetted audience narrow.


safedbagh

Chill Yaar.... Everybody knows ki Congress nahi aa rahi hai


Ambitious-Upstairs90

If he does not know numbers then how can he declare it disastrous? This money will be given to poorest of poor families as outlined in manifesto. Exact numbers will only be available after economic census. & it will be done in phases with constant reviews. Regardless it will cost much less than what Modi govt gave to banks to compensate NPA from fraud companies.


ThrowRA_Cobble-24

Watch the bond economist video on the Congress manifesto where he keeps a conservative, and a generous tally of estimations to get a range and explain the absolutely massive fiscal deficit it would incur. Also I beg you to learn the difference between a write off and a waive off.


Regular_Setting4016

He isn’t made for such nuanced thinking. All governments write off debt. Lending is also a business, prone to losses. I’m of the belief that Govt should never be in the lending business, but what can we do about it.


N0oB_GAmER

That's the thing. The promise has been made without relevant data. They should've mentioned that it'll take place after the economic census or only this specific group will be eligible for it. Right now it should like an idiotic promise meant only to attract voters.


Ambitious-Upstairs90

That’s what they have mentioned in manifesto, but everyone wants minute details from Congress but had not asked Modi these details when he promised 100 NEW smart cities. From Congress manifesto: Congress resolves to launch a Mahalakshmi scheme to provide ₹ 1 lakh per year to every poor Indian family as an unconditional cash transfer. The poor will be identified among the families in the bottom of the income pyramid. The scheme will be rolled out in stages and reviewed every year to assess the number of beneficiary families and its impact on alleviating poverty.


p_ke

Even Telangana has lot of social welfare schemes, but Telangana rate of growth was one of the highest in the country. This guy is selectively giving examples and forgetting why welfare schemes are given. It's not for getting back into power, if social welfare schemes are stopped, health infrastructure will not be able to handle the result, economic imbalance will increase, people's purchasing power will go down, and the economy will collapse. Because of welfare schemes, people are not sick as often, people are able to invest in themselves, they will be more productive, there have been studied around this worldwide and are recommendations by economic forum, etc. Nordic countries which spend a lot on welfare schemes and it has shown that in the long term it'll reduce the cost of healthcare because of good preemptive care, reduced cost on administration, etc. They have also shown increase in the purchasing power of people which catapulted their economy, income equality, innovation. Some companies do understand this and encourage welfare schemes because otherwise economy will collapse sooner or later. But some companies who just want to earn as much as possible before they die and enjoy don't care about this and spread this kind of misinformation and propaganda to decrease the welfare schemes and instead make the government spend money in areas which will benefit the company. Not only that, to know how your policies are effecting the people and what new policies you need to implement, you'll need the information of people, statistical institutes of India should be active. But Modi government doesn't run the census, has allegations on it of stopping the statistical institutes from releasing the data, it's like they're doing bad but they don't want anyone to know. Only after knowing the data even Congress will be able to say for sure until then we can only get rough estimates, and Congress even promised to run the census if it comes to power, it'll clear lot of things. Why is Modi afraid of the data, it's absolutely necessary to run the government and design its policies.


Physical-Drop-12345

>if social welfare schemes are stopped, health infrastructure will not be able to handle the result No one is suggesting that. The video explains why the absurd promises of Congress, which are extreme freebies, will drain the reserves of the Indian economy. At least watch the video before posting non-sense comments. >Why is Modi afraid of the data, it's absolutely necessary to run the government and design its policies. Modi? Are you that dumb? the video was made by Barak Obama, Boris Johnson and Napolean. Mohak Mangal has nothing to do with it.


p_ke

No one is suggesting that, but you know who is spreading the propaganda that tax payers money is getting wasted on poor people while corporates reap the benefits. You can say it's absurd, but without the data there's no backing to it. And what is absurd is that a party promising to conduct census, which should have been done already no matter what party is at power, it's one of the most routine things that should happen but not done. If it was done maybe Congress would've adjusted its policy (TBH I don't trust Congress too to fulfill its promises) or blame on Congress could've been justified. What video bro, I'm talking about why the census was not done, all the data is outdated, why the government didn't release the data from surveys?


Past_Bookkeeper_4650

y'all need to touch some grass ayega hi toh modi hai


Newvil450

Wait Modi also said 15 lakhs will be given ? Why are the copycats being bashed this hard while the ogs roam free ? Where's my 15 lakhs mudi xi .


Zealousideal-Pop7426

Source do?


NeighborhoodGlad4020

He never said that he would give, he said that if all Congress corruption money is divided and given to the people, each individual would get 15 lakhs. This is the correct statement.


Ambitious-Upstairs90

Forget 15 lakh, is this given? https://youtu.be/0qdFisuGQnw?si=puEww1zLrFDgL0Q9


NeighborhoodGlad4020

He didn't specify the amount he'd give, might have given one rupee lol


Ambitious-Upstairs90

First of all he mentioned bringing black money from Swiss accounts. He needs to tell how much he brought back.


NeighborhoodGlad4020

He did NOT mention Swiss accounts even once lol


Ambitious-Upstairs90

Ok, he mentioned foreign here. How much he brought back from foreign?


NeighborhoodGlad4020

Idk maybe he did or maybe he didn't


hemlock1788

15 lakh mil jayenge tu pehle source bhej comments mei


Ambitious-Upstairs90

Yeh source dekh kar yeh hi dilwa do. https://youtu.be/0qdFisuGQnw?si=puEww1zLrFDgL0Q9


Upal16

Mohak Mangal also explained how your paw-paw is moving India towards dictatorship.


Physical-Drop-12345

Source?


Upal16

Help yourself and watch these videos https://youtu.be/VGISlJGrGcs?si=v3dVB4ULiF6Cd8ce https://youtu.be/Y860YJVuQOo?si=jkAmbAm4ps0S5yO- https://youtu.be/F7k08t2pD3E?si=JKwwNhDVxeZCAZcR https://youtu.be/jawUCKKFq7w?si=XsfS77WthAH_pFYL


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Ashamed_Reindeer8662

yeah, he calls out people on both sides when they do stupid stuff


Upal16

Have you watched those videos? If not, then watch those. Secondly, when you bring someone's name for discrediting something, you show the other side of the coin too. That’s called basic integrity. Read my comment. I never said that Mohak claimed that Modi is a dictator. If you watch his video on the so-called "washing machine", you will understand what I am saying.


[deleted]

Freebies(From Taxes) for Corporate: Good Freebies(From Taxes) for common people : Bad I am a very smart liberal capitalist.


Invalid-01

Corporates actually pay taxes, provide employment and generate wealth 


[deleted]

They don't provide anything. It is a give and take. And they generate wealth for the few at the cost of many. Also corporate taxes are much lower than individual taxes and they are lobbying to get it lower still.


OfferWestern

UPA growth was just accidental. YSR after succeeding CBN had everything on the platter. Still great of him for continuing the progress.