நிர்மலா சீதாராமன் வாயை கொடுத்து மாட்டிய கார்த்தி சிதம்பரம் |Thamarai TV

Summary

The speaker criticizes the current Indian government’s handling of key economic issues such as inflation, unemployment, and ineffective policies like the multi-slab GST. They argue that the Prime Minister and Finance Minister lack empathy and fail to address the struggles of the common people. The speech contrasts the current government's economic management with that of the previous UPA government, claiming significant improvements under the NDA leadership, particularly in managing inflation. The speaker also highlights the government's food subsidy programs aimed at controlling inflation and providing relief to the public.

Takeaways

• 😀 The speaker criticizes the Prime Minister for weak leadership, claiming the inability to form a new cabinet and reappointing the same ministers.
• 😀 The Finance Minister is accused of lacking empathy and not addressing crucial issues like inflation and unemployment.
• 😀 The speaker highlights a lack of engagement from the Finance Minister with the public, especially concerning daily struggles like rising prices.
• 😀 There are over 10 lakh vacancies in the Indian government, but the budget does not address filling these positions.
• 😀 The implementation of GST is criticized for causing inflation, particularly due to multi-slab rates that exacerbate price rises.
• 😀 The government is accused of imposing GST on medical necessities like prosthetics and motorized wheelchairs, which impacts vulnerable populations.
• 😀 The speaker points out that India is one of the most under-insured countries, yet the government charges 18% GST on health and life insurance premiums.
• 😀 There has been no student loan relief despite the employment crisis, with no waiver or relief for borrowers struggling to repay.
• 😀 The removal of indexation on loans is seen as detrimental, as it deprives borrowers of protection against inflation.
• 😀 The speaker asserts that the previous UPA government managed inflation better than the current government, citing historical inflation rates as evidence.
• 😀 The speaker emphasizes that inflation between 2020 and 2023 in India has been lower than the global average, under the leadership of Prime Minister Modi.
• 😀 The speaker contrasts the current government's economic management with that of the UPA, arguing that the NDA government has done better in managing inflation and economic stability.

Q & A

What is the speaker's primary critique regarding the current Prime Minister's economic approach?

The speaker criticizes the Prime Minister's inability to form a new cabinet and suggests that the Finance Minister lacks empathy and understanding of the common people's struggles with inflation and unemployment. The speaker also argues that the government's economic policies, including the budget, fail to address critical issues like unemployment and inflation effectively.

What issues with the GST system does the speaker highlight?

The speaker points out that the multi-slab GST system has worsened inflation and price hikes. Additionally, the GST is levied on essential items like prosthetics, artificial limbs, and motorized wheelchairs, which the speaker views as discriminatory and harmful to the public, particularly those with disabilities.

How does the speaker assess the government's handling of unemployment in India?

The speaker claims that the government is not addressing the significant issue of unemployment, referencing the 10 lakh vacant government jobs that remain unfilled. The budget, according to the speaker, does not mention plans to address this vacancy crisis.

What is the speaker's opinion on the government's approach to student loans?

The speaker is critical of the government's failure to provide relief to individuals who are struggling with student loans due to the ongoing unemployment crisis. Despite the financial hardships, the government has not introduced any schemes to offer relief or waive off these loans.

What does the speaker say about the government's approach to inflation and the RBI's role?

The speaker criticizes the current government's economic management, referring to past instances where the Finance Ministry allegedly pressured the RBI to lower interest rates to create an illusion of growth. This, according to the speaker, caused economic mismanagement and affected public sentiment.

How does the speaker compare the current economic situation with that of previous administrations?

The speaker compares inflation rates and fiscal deficits between the UPA and NDA governments, claiming that the UPA administration managed inflation poorly, leading to high double-digit inflation during their tenure. In contrast, the speaker suggests that the NDA government has maintained lower inflation rates, despite challenges like COVID-19.

What are the speaker's views on the Congress party's handling of inflation during their tenure?

The speaker strongly criticizes the Congress party for its management of inflation, citing a slogan 'Congress I Mahangai Lai' (Congress brought inflation). They suggest that under Congress, inflation was poorly managed, leading to higher costs for the public.

What measures has the NDA government taken to control inflation according to the speaker?

The speaker highlights that the NDA government has been actively monitoring inflation through a group of ministers. They emphasize steps taken to address supply-side constraints, including initiatives like the sale of subsidized food items such as wheat, rice, and pulses under the 'Bharat brand,' which has helped curb inflation.

How does the speaker explain the sale of 'Bharat brand' products?

The speaker details the sale of 'Bharat brand' products like wheat, rice, and pulses at subsidized rates. For instance, wheat is sold at Rs. 2 per kg, rice at Rs. 27.5 per kg, and pulses at Rs. 11.52 lakh tons, all of which have helped mitigate the effects of inflation for the common people.

What is the speaker's overall view on the economic management of the current government?

The speaker expresses a critical stance on the government's economic management, accusing it of lacking fresh ideas and being ineffective in addressing key economic challenges. They argue that the government has failed to show empathy towards the people, particularly with regard to inflation, unemployment, and other pressing issues.