Tuesday, May 17, 2022

The Economic Collapse of South Asia

It's certain India's economy is worse than Sri Lanka. But with BJP propaganda machinery so active how will our people ever know. But they do feel it in their lives, everyday. And as one shopowner put it, "Aage bhee andhkaar hee nazar aata hai. " Actually the economy of whole of South Asia has collapsed. Pakistan went in for a head spin, Sri Lanka economy is in a tail spin, Nepal is almost broke, and India has one big loose motion. In all this a grand new parliament for New India is being built besides a naya Central Vista. In a poor country like ours this wasteful expenditure is nothing but criminal. Bangladesh has become the best managed economy. Ever since Modi took over the debt GDP ratio has almost doubled. In his megalomania Modi has undertaken wholly unnecessary projects. And Gadkaris monetary needs are much larger than his stomach. And there are no jobs. Just yesterday read a news on how the railways have cut 72000 grade 3 and 4 jobs. The target given was 80000. Covid would only account for 30 per cent of the economy woe. The rest 70 per cent is Modi's own doing. And every time he beats the drums abroad it's like usne hamaree band baja dee....

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