Modi govt and private sector are in a bad marriage. Both need an honest talk 

There is no demand from consumers. Hence private investment low

Excellent point it seems every part of the Indian society has an unending hunger for government support. The only support government should provide after this should be institutional change not financial help.

Watch the ending again. The last 3 minutes. In past whenever someone from industry has said anything there is a huge fight back by govt. And trolling on the internet comes additional. I don't remember the name but once a big corporate leader, I think from Bajaj(not sure) said something in a meet, and all ministers started giving out statements.. Now Asian paints in its last con call said something regarding growth in consumption and the company had to immediately taken the words back and give out a explanation. Also PLI schemes are designed in away that you have to reach a production level too high in a small time and companies who can game the system. To be eligible and so the big corporates can avail the benefits by using their deep pockets. But smaller manufacturer can't. A good example is EV manufacturing. Bajaj, ola got PLI subsidy but ather can't. Bajaj has deep pockets and ola let's quality forgotten and only focus on increasing capacity... Ather on the other hand focus on quality and doesn't have deep pockets to enhance production at the rate govt wants them.. so they are not eligible.. Companies but foreign parts in pieces and sell them to another and than to another and then to another and do it 3-4 times and then the original customer will buy it and call it local sourcing and assemble it and collects PLI cheques..

To clarify, PLI is a great scheme... But needs some tweeks... Electronics industry was the best example that PLI is working... Not only mobiles but other electronics includings routers, switches, telecom items, etc.

​@@hindeshrai8787 Creating the environment in the nation, for investors to invest in new businesses without fear of agencies, & reducing the cost of living and increasing the quality of life, are literally the job of govt. Why do we elect leaders to highest seat to give them all the power , if they can't do their job? If they can't even help the hard working citizens of the nation who asking for help instead of heavy taxes on everything

PLI scheme was always a bandaid solution to the problems ailing Indian Manufacturing sector. The real solution was to fix the underlying structural issues like complicated Tax and Land laws, poor Judiciary, poor enforcement of legal contracts, high costs of basic necessities like Electricity, Water, Transport etc. GOI has not fixed any of them yet 🤷

With the kind of welfarism we have, expect us to become ASEAN's poorer cousin. Only impacts with giant geopolitical icebergs can make us change course.

That would have caused inflation and brought the govt down. Look at what happened in UK. Rushi Sunak gave out cash through his furlough scheme, and they ended up with a cost of living crisis India has supply-chain bottlenecks, that have to be addressed. Without that, cash stimulus will only cause inflation. And jobs will get created in China where the factories exist.

Union govt have increased & increased prices at the pump for a decade, even after years of getting cheap Russian oil & fm said oil corporations are making record profits, but why has that not tickling down to consumers? It would be best for union govt to invest in R&D in agriculture in state universities to overcome effects of climate changes. It also means better equipments for farming (which has the side benefit of also helping in defence). Create modern IPs & help private sector, who can't/won't do these things. However, Union govt budget has reduced r&d to 0.6% of gdp. Nothing but slogans.

The cost of living is increasing. Price of vegetables are going up. In last 10 years, many projects have got delayed, because Govt corruption is rampant, while private businesses are facing harassment & extortion from Govt agencies. Informal sector suffered heavily due to note ban, new gst, covid pandemic lockdown etc. The ruling Party said UP would become Kyoto in 5 years. Instead, there are big rail accidents & infrastructure failures every day. If India has to beat China, make UP more like Karnataka instead of making rest of India like UP raj. Our current is expert in appearing in the media to make big claims or steal credit from others. Increasing taxes on common people lead to low demand. Some signs are fall in two wheeler purchases & cars aimed for masses, not being sold. So there is reduced investments. While lowering taxes puts more money in people's pockets & increases consumer confidence. This increases consumer demand, allowing businesses to expand capacity, create jobs, & stimulate growth. This creates a positive cycle of economic growth & gov's revenue also increases, allows them to invest in the future. If govt or fm makes wise choices, then we can create a positive future.

​@@xxyz2023chutiya fake data kiu dikha raha 🤣

Private sector wants corruption -- They want quick clearances without inspection -- Pollution control should close their eyes , Labor department should say ALL IS WELl etc.. Private sector is ready to bribe and get the work done easily -- This doing right things Private sector is not use to

Agree 💯

None

You conveniently forgot Telangana. The filter is not the state, it is anyone who does things at a scale and most are hesitant to disturb their political balance, even BJP led states.

In 10 years, Indian corporations got a lower tax rate of 22% & foreign corporations is 35%, resulting in higher income tax for individuals, further burdening the middle class. Being poor is not an attitude problem. India is the only nation where, poorest & middle-class pay 64% & 33% of gst, while industrialists only pay 3% of gst. Some signs are fall in two wheeler purchases & cars not being sold. I remember the ruling Party said, UP would become Kyoto in 5 years. Instead, everyone sees there are big rail accidents & infrastructure failures every day. According to CAG report, 20,000 crores was to be invested, as per last budget, to increase the safety of Indian railways, but only 4,225 crores were released for rail safety. Our current leadership is expert in appearing in the media to make big claims or steal credit from others. The union govt is unwilling to listen to concerns or criticisms. They appear to be disconnected from reality. After all, they have direct access to divine knowledge. Instead of addressing these issues, they are expert in burying their heads in the sand. According to them, everything is fine, Manipur is peaceful, there's no infiltration in J&K, China didn't attack in Ladakh, exam papers aren't leaked, rail accidents don't happen, farmers aren't struggling, & students aren't protesting. Essentially, they never take accountability as they love to lie. If the leader or party in power seat, wants to spread fear, they plants seeds like draconian criminal laws, mocking artists as elite, silencing journalists & legalize abuses by police (to pick people up & merciless beat protestors). The Bangladesh crisis has lessons for us. As a result, the grass begins to live in the post-truth reality that it's the tallest coz there are no trees around. You can't expect to grow happy in such environments. Talented individuals will just go to west with far better pay & many jobs. However, if the top leader, wants peace, then plant those seeds. China transformed their country from a developing nation into a developed one when they had highest youth population. While will blame our highest youth population. Fm said that corporations in India, are making record profits, but not investing & hiring; because they see no demand. There no rise in consumption as people have less & less money in their pockets.

@@xxyz2023 agree on all points. Well said

😂 politicians control babu like servants, I am a beaurocrat . Indians just want to save their favourite politicians 😂. Keep living in bubble.

These people will keep crying till 2030, then suddenly start saying that India is the greatest manufacturing now. Totally shameless.

Corporate india shouldn't take benefits from government.

India is the only country where the poor & middle class pay more in total collected taxes to the govt. Why is union govt, giving low tax to corporations? meanwhile for poor & middle class there is taxes on everything.

@@xxyz2023 India is not the only country in usa it's the same story. In india it's different because we have a huge poor population which needs khata-khat scheme which needs money. It will be same in the congress regime also.

​@@satviksingh8426In 10 years, Indian corporations got a lower tax rate of 22% & foreign corporations is 35%, resulting in higher income tax for individuals, further burdening the middle class. Being poor is not an attitude problem. India is the only nation where, poorest & middle-class pay 64% & 33% of gst, while industrialists only pay 3% of gst. Some signs are fall in two wheeler purchases & cars not being sold.

@@satviksingh8426 Our union govt is unwilling to listen to concerns or criticisms. They appear to be disconnected from reality. After all, they have direct access to divine knowledge. Instead of addressing these issues, they are expert in burying their heads in the sand.