Friday, September 28, 2012
Lok Satta Party condemns attack on Dr. JP
The Lok Satta Party today strongly condemned the attack on its national President Dr. Jayaprakash Narayan at Medchal on September 27 by some party workers in the name of Telangana when he was taking part in a non-partisan, round-table meeting on ‘surajya’ (good governance).
In a media statement, Lok Satta Party leaders Katari Srinivasa Rao and P. Ravi Maruth said that all democrats should condemn those fomenting hatred and indulging in physical attacks.
The leaders pointed out that he Lok Satta Party has unequivocally declared that it whole-heartedly welcomes the formation of Telangana State as part of an amicable and comprehensive solution. The Lok Satta Party has not indulged in double-speak in different regions or on different occasions.
The leaders recalled that it was Dr. JP who first suggested that the Assembly discuss the Telangana issue and adopt a resolution requesting the Union Government to resolve the issue as soon as possible. At a time when some politicians commented that the Telangana movement had lost its intensity and momentum, it was Dr. JP who underlined that although passions might have cooled down, people’s agony remained intact. Dr. JP had demanded an early solution to the Telangana problem by pointing out that people of the region gave vent to their aspirations repeatedly, the latest occasion being the by-elections to the Assembly.
The Lok Satta leaders recalled how Dr. JP has been striving to safeguard the interests of Telangana people. It was Dr. JP who took the initiative for deletion of Clause 14 F in the Presidential Order of 1975 dealing with recruitment to certain police personnel in Hyderabad. It was he who fought against diversion of the Godavari water from Yellampalli to Hyderabad and suggested that the water be utilized to meet the drinking water and irrigation needs of Telangana districts. He batted for Phase III of the Krishna water project to meet the drinking water needs of Hyderabad.
Dr. JP got the Siddipet market yard opened and provided relief to cotton growers of the area. He launched a movement to ensure remunerative prices to cotton and paddy growers. It was Dr. JP who successfully fought for implementation of G. O. No. 610 in regard to teachers’ transfers in Ranga Reddy district. He sought revocation of Nizam Sugars’ privatization and campaigned for strengthening the banks of River Krishna.
Mr. Srinivasa Rao and Mr. Ravi Maruth pointed out that top CPI, TRS and BJP leaders too have taken part in the surajya movement launched by the Lok Satta and Foundation for Democratic Reforms since it is non-partisan. Mr. Chennamneni Rajeswara Rao, freedom fighter and a walking encyclopedia on the Telangana liberation struggle, is steering the surajya movement unmindful of his age.
They called upon all political parties, civil society organizations and democrats to condemn those who are spewing hatred and indulging in violence.
Thursday, September 27, 2012
Pinnamaneni a towering personality: Dr. JP
Lok Satta Party National President Dr. Jayaprakash Narayan today described Mr. Pinnamaneni Koteswara Rao as an outstanding leader who spread education with a missionary zeal. If thousands of people with modest background have broken out of shackles of poverty and are making their mark across the world, the credit goes to people like Pinnamaneni who promoted establishment of primary and high schools in every village. He visited every village and knew every teacher by name, Dr. JP said recalling that Pinnamaneni was Krishna Zilla Parishad Chairman when he was a student and remained in that position when he became a District Collector.
Dr. JP said that India was fortunate to have towering leaders at the national, State and local levels in the post-Independence generation. Pinnamaneni was an ardent champion of local self-government and dedicated to the cause of the farmer. A man of impeccable integrity and high personal values, he transcended pettiness and brought diverse groups together in the interests of the State and the nation. It is a pity that we no longer have leaders of that caliber, said Dr. JP and added that the life and work of Pinnamaneni should serve as a message to the younger generation.
Dr. JP conveyed his condolences to the family members and innumerable friends and admirers of Pinnamaneni, who passed away on Thursday, September 27.
Monday, September 24, 2012
Roll back hike in bus fares: Lok Satta
The Lok Satta Party today demanded that the Government/Road Transport Corporation roll back the increase in bus fares as it would adversely impact the finances of poor and lower middle class families.
In a media statement, Lok Satta Party General Secretary Katari Srinivasa Rao said that the State Government should meet the additional burden of the hike in diesel charges on the RTC since it caters to public transportation.
The Lok Satta Party has steadfastly maintained that public transportation be spared from periodical hike in diesel charges, Mr. Srinivasa Rao recalled.
Mr. Srinivasa Rao warned that the steep hike in RTC bus fares would prove counterproductive in no time since lower rail fares will lure passengers.
Mr. Srinivasa Rao expressed surprise over political parties hitting the roads on issues like bus fares now, having allowed the monsoon session of the legislature to get washed out without pinning down the Government on its anti people policies.
Sunday, September 23, 2012
Friday, September 21, 2012
Lok Satta Party condemns attempts at distorting its view on Telangana
The Lok Satta Party today condemned concerted and malicious attempts at distorting its views on formation of Telangana as a separate State.
In a media statement, Lok Satta Party General Secretary Katari Srinivasa Rao referred to the report in a newspaper which sought to portray the Lok Satta Party as opposed to the bifurcation of the State.
The Lok Satta, pointed out Mr. Srinivasa Rao, believes that the recent by-elections to the Assembly merely confirmed Telangana people's long and ardent desire for a separate State. The party has, therefore repeatedly sought an early solution to the issue. The Lok Satta Party whole-heartedly welcomes formation of Telangana as part of a comprehensive and amicable solution to the problem.
Lok Satta Party national President Dr. Jayaprakash Narayan attempted to elucidate his party's view during the discussion in the Assembly on September 18. In that context, he reiterated the party view that activities like bandhs that disrupt normal life will harm the State's economy and hurt the interests of youth. Going on economic disruptive activities is tantamount to cutting the nose to spite the face.
Mr. Srinivasa Rao underlined that Dr. JP did not utter a word against Telangana and on the contrary sought an early solution. But he sharply criticized observance of bandhs in the name of Telangana. Although Dr. JP drew a distinction between the demand for Telangana and calls for bandhs etc, his detractors clubbed the two and alleged that the Lok Satta is opposed to Telangana.
Mr. Srinivasa Rao recalled that the Lok Satta is opposed to bandhs right from its inception since they inconvenience people. Without allowing Dr. JP to complete the speech, his detractors sought to put words in his mouth and a responsible newspaper carried a speculative report. Dr. JP spoke just one sentence on the inconvenience caused to IBM because of the bandh. People are fully aware of the loss caused to the State because of frequent bandhs.
The Lok Satta believes that opportunistic policies of both the Congress and the Opposition TDP are responsible for turning the Telangana problem into a crisis and driving hundreds of people to suicide. The Union Government's inaction even 20 months after the Srikrishna Committee submitted its report borders on irresponsibility.
A fighter for weaker sections: Dr. JP on Bapuji
Mr. Konda Lakshman Bapuji fought all through his life for justice to weaker and oppressed sections, said Lok Satta Party national President Dr. Jayaprakash Narayan today.
Dr. JP, who paid homage to the body of Bapuji at his residence, recalled that Bapuji played a key role in the fight for freedom, liberation of the princely State of Hyderabad and its merger with the Indian Union. He always highlighted the importance of simple life and values in public life. He fought day and night for getting justice rendered to the weaver caught up in a crisis. Unmindful of his age Bapuji fought for formation of a social Telangana in tune with people's wishes as part of an amicable and comprehensive solution to the problem.
Dr. JP described the passing away of Bapuji, who was always outspoken and sincere in expressing his views, as a loss to the nation.
Thursday, September 20, 2012
Tuesday, September 18, 2012
Lok Satta Party Income And Expenditure (2011-2012)
INCOME & EXPENDITURE ACCOUNT FOR THE YEAR ENDED 31st MARCH, 2012
| PARTICULARS | RS. |
| INCOME | |
| Membership Fee | 2,687,080 |
| Contributions | 17,050,857 |
| Other Income | 3,137,787 |
| TOTAL | 22,875,724 |
| EXPENDITURE | |
| Administrative & Establishment Expenses | 9,068,917 |
| Promotion & Propagation Expenses | 1,837,182 |
| Election Campaign Expenses | 1,998,955 |
| Depreciation | 468,548 |
| Excess of Income over Expenditure | 9,502,122 |
| TOTAL | 22,875,724 |
Monday, September 17, 2012
Lok Satta Honors Telangana Stalwarts
The Lok Satta Party today honored some writers, poets and freedom fighters of Telangana as part of celebrating September 17, the day Telangana became a part of the Indian Union, as National Unity Day.
It presented bouquets and shawls to Mr. Chennamaneni Rajeswara Rao and Mrs. Suguna, both freedom fighters. Mr. Suddala Ashok Tej and Mr. Nissar, both lyric writers, Mr. Solipeta Ramachandra Reddy, a fighter for local self-rule and Dr. Tirunagari, Telugu pundit and writer.
Addressing the gathering, Lok Satta Party national President Dr. Jayaprakash Narayan recalled the services of people like Suravaram Prathap Reddy, Kaloji, Dasaradhi, Komaram Bheem, Chakali Ilamma, Maqdoom Mohiuddin and Mallu Swarajyam. They made personal sacrifices for the sake of lofty ideals.
September 17 is National Unity Day: Lok Satta
The Lok Satta Party is celebrating September 17 on which the last princely State of Hyderabad merged with the Indian Union in 1948 as National Unity Day, said its national President Dr. Jayaprakash Narayan here today.
Unfurling the national flag at the party headquarters to celebrate National Unity Day, Dr. JP said that national leaders like Jawaharlal Nehru and Sardar Vallabhbhai Patel accomplished the merger of nearly 540 princely States with almost no bloodshed. The entire nation should be proud of this unprecedented development in world history. It should not be viewed as an event concerning Hindus and Muslims or Kannadigas and Marathas. If we wrangle amongst ourselves based on region or religion, we will be endangering national unity. Quoting Mahatma Gandhi he said, the concept of an eye for an eye will leave everyone blind. As Nehru said, "If India loses who wins; if India wins, who loses?"
Dr. JP pointed out that India has survived as a nation because it opted for a federal setup which gave voice to every section whatever be its religion or caste or culture. In the recent past, the federal system has struck deeper roots. The time has now come for devolving powers and resources on local governments, the third tier of the federal setup.
Dr. JP regretted that in the name of federalism some States have been undermining economic development and promoting corruption and cited some States' objections to creation of strong Lokayuktas and introduction of the Goods and Services Act.
Dr. JP pointed out that India is a country known for its complexities and diversity. Growth opportunities should be provided to all irrespective of the accident of their birth in a particular caste or religion or class.
Lok Satta Party Working President D. V. V. S. Varma, and leaders G. Raja Reddy, Bandaru Rammohan Rao, V. Vijayender Reddy, S. Manorama, K. Geeta Murthy, M. Satyanarayana, Padmaja Rani and Hyma took part in the function.
Sri Surendra Srivastava's Chat on Twitter
Surendra Srivastava @SurendraLSP - @teentakle1212 @Amitjan many thanks. we need more people to join in
As Reply to
Prateek Thakker @teentakle1212 - RT @Amitjan: #loksattalive : Congrts , great effort to educate people from myths. nation like India can do wonders by regualized back ends
Srinivas Mandapati @srinumandpati - @SurendraLSP @JP_LOKSATTA read somewhere India already has FDI in cold storage? If true, why hasn't this policy had impact on the ground
Surendra Srivastava @SurendraLSP - @srinumandpati @JP_LOKSATTA Indian manufacturing sector is already hit by bad and corrupt governance, lack of infrastructure cont
As Reply to
Srinivas Mandapati @srinumandpati - @JP_LOKSATTA The BJP claims FDI in retail will hurt the country's manufacturing sector. "Sales boys and girls" . Thoughts? #loksattalive
Srinivas Mandapati @srinumandpati - @SurendraLSP @JP_LOKSATTA read somewhere India already has FDI in cold storage? If true, why hasn't this policy had impact on the ground
Surendra Srivastava @SurendraLSP - @SurendraLSP @srinumandpati @JP_LOKSATTA in fact FDI will help creating supply chain infrastructure and help
As Reply to
Srinivas Mandapati @srinumandpati - @JP_LOKSATTA The BJP claims FDI in retail will hurt the country's manufacturing sector. "Sales boys and girls" . Thoughts? #loksattalive
Surendra Srivastava @SurendraLSP - @GVRDon @JP_LOKSATTA FDI will help create supply chain infrastructure and bring the skills for its efficient management
As Reply to
Raghava Rohit @GVRDon - @JP_LOKSATTA how can the policies be implemented without having the necessary infrastructure,resources,man management? #loksattalive
Surendra Srivastava @SurendraLSP - @ramramdas @JP_LOKSATTA agree
As Reply to
Ram Ramdas @ramramdas - @JP_LOKSATTA #loksattalive just a policy announcement may not open the gates. Too much noise both pro and con is being made abt FDI
Jayaprakash Narayan @JP_LOKSATTA - #loksattalive FDI also reduces current account deficit. Rupee now is under pressure and trade deficit is 4.4% of GDP.
Surendra Srivastava @SurendraLSP - @massmaharaaj @JP_LOKSATTA Multiple reforms in various sectors of politics and governance needed...
As Reply to
Z RAVITEJA REDDY @massmaharaaj - #loksattalive how to remove Corruption? Any plan and that a single person can do? @JP_LOKSATTA
Surendra Srivastava @SurendraLSP - @actindia agree therefore there FDI move is welcomed
As Reply to
sateashjain @actindia - What ?Bharat Bandh ?India already in shut down mode for the past eight years under dynamic rule of Congress-UPA,Scammohan Singh and SoniyaG.
Sanjay Jhunjhunwala @PollTics - @SurendraLSP its a silver lining till it doesn't affect your own pocket. #loksattalive
Surendra Srivastava @SurendraLSP - @PollTics @abhijitmajumder with policy parlysis Bharat is already badh for few years now. FDI in retail is silver lining
As Reply to
Sanjay Jhunjhunwala @PollTics - RT @abhijitmajumder: Every Bharat Bandh used to have my full and unstinting support till I chose journalism as my career #loksattalive
Surendra Srivastava @SurendraLSP - @ManojThansi @JP_LOKSATTA that is why we need to be active to ensure that Govt delivers
As Reply to
Manoj Thansi @ManojThansi - @JP_LOKSATTA Sir, population is growing fast,but govt's initiatives are slower than private initiatives:( http://www.worldometers.info #LOKSATTALIVE
Surendra Srivastava @SurendraLSP - @jvsk3 India need efficient supply chain management, capital for infrastructure therofore let us not worry too much about these
As Reply to
j venkatesh @jvsk3 - #loksattalive When V have a very faulty system Governing our Country is it right 2 open our Mkts 2 Notorious Retail Giants?
Surendra Srivastava @SurendraLSP - @jvsk3 @JP_LOKSATTA what is killing us is not FDI but Vote Bank politics
As Reply to
j venkatesh @jvsk3 - @JP_LOKSATTA Do agree but should know whom R V inviting they R big Giants who R notorious &our present chaos idle for them2turn as Parasites
Jayaprakash Narayan @JP_LOKSATTA - @jvsk3 This applies to all spheres of economy. We cannot wait for politics to improve before mending economy. #fdi #loksattalive
j venkatesh @jvsk3 - #loksattalive When V have a very faulty system Governing our Country is it right 2 open our Mkts 2 Notorious Retail Giants?
Surendra Srivastava @SurendraLSP - Vote Bank Politics is creating imbalance in distributing wealth amongst people. We need political and governance reforms
Surendra Srivastava @SurendraLSP - @magikalyan @JP_LOKSATTA The evidence shows that they both can exist and gain in greater then comparative loss #loksattalive
As Reply to
Kalyan Pilla @magikalyan - @JP_LOKSATTA #loksattalive #FDI might improve the economy, but would the gain surpass the loss to the daily retail seller?
mallrui @mallrui - @sisiro @SurendraLSP Our nation is already a dont knw wat knd of chks&balances r in place #FDI #loksattalive Hav v implemented any?
mallrui @mallrui - @ramramdas @SurendraLSP @sisiro Need is storage then. Do V need #FDI tech to build storage #loksattalive
A Common Man @sisiro - @SurendraLSP @mallrui But how do we ensure that a) foreign co's dont abuse our systems n resources n b) imported mgmt skills useful to IN?
mallrui @mallrui - @SurendraLSP @sisiro Resources gvn4free & dont hv capital to buy management skills.Or V dont have intentions2b honest #FDI #loksattalive
Ram Ramdas @ramramdas - @SurendraLSP @sisiro @mallrui #loksattalive there are an avg 7 level of NON value adding intermediation in farm produce tday. 40% waste yet
Surendra Srivastava @SurendraLSP - @sisiro @mallrui We need capital and best management skills to take on middle man and hence FDI is welcomed #loksattalive
As Reply to
A Common Man @sisiro - @mallrui Current Rythu Bazars are now infiltrated by middle men, and real farmers lost #loksattalive
mallrui @mallrui - #loksattalive RythuBazars were started in 19992benefit farmers&remove middlemen.Did V improve or try2 improve r wil only #FDI gives honesty?
Surendra Srivastava @SurendraLSP - @Vidyut smaller farmers in India r already marginalized. They will infact be benefitted by capital&efficient management in supplychain..
As Reply to
Vidyut @Vidyut - FDI in retail is going to drive down global prices, eventually strangling the growth of the small farmer. #loksattalive
Surendra Srivastava @SurendraLSP - @Gubbi That is a myth and evidence shows that vote bank politics manipulates policy #loksattalive
As Reply to
Vinuth M. Madinur @Gubbi - #loksattalive Although systems will be efficient end-to-end food chain control will be with bigger players, easy to manipulate gvt policies.
emanth V @hemuhere - @SurendraLSP why has the deficit become so big in the first place?,becoz of UPA's flawed policies,spending beyond means,NAC's cruel decision
Surendra Srivastava @SurendraLSP - @hemuhere fiscal deficit is restricting freedom of government to reform and many such steps are needed. #loksattalive
As Reply to
emanth V @hemuhere - Disagree totally with these price hikes of LPG, petrol deisel,its got more to do with fiscal deficit and less with 'reforms #loksattalive
Cloud Boy @cloudsaaspaas - @SurendraLSP Ofcourse. My point is to bring Lokpal before #FDI.
Surendra Srivastava @SurendraLSP - @cloudsaaspaas Indian corporates r equally involved in similarlobb. In-factvote bankpolitics hv been holding such bold steps #loksattalive
As Reply to
Cloud Boy @cloudsaaspaas - WalMart has spent Rs.52 Crore in two years to lobby , as per statement made in USA. #LOKSATTALIVE
Surendra Srivastava @SurendraLSP - @sheopory Peopleopposed IT for votebank nowthey oppose FDI V wl become stronger more stronger after our supply chain is fixed. #loksattalive
As Reply to
Abhishek Sheopory @sheopory - Compare FDI to IT revolution. If MNC offices were blocked in India, would the standard of IT have improved here? #LoksattaLive
As Reply to
Prateek Thakker @teentakle1212 - RT @Amitjan: #loksattalive : Congrts , great effort to educate people from myths. nation like India can do wonders by regualized back ends
Srinivas Mandapati @srinumandpati - @SurendraLSP @JP_LOKSATTA read somewhere India already has FDI in cold storage? If true, why hasn't this policy had impact on the ground
Surendra Srivastava @SurendraLSP - @srinumandpati @JP_LOKSATTA Indian manufacturing sector is already hit by bad and corrupt governance, lack of infrastructure cont
As Reply to
Srinivas Mandapati @srinumandpati - @JP_LOKSATTA The BJP claims FDI in retail will hurt the country's manufacturing sector. "Sales boys and girls" . Thoughts? #loksattalive
Srinivas Mandapati @srinumandpati - @SurendraLSP @JP_LOKSATTA read somewhere India already has FDI in cold storage? If true, why hasn't this policy had impact on the ground
Surendra Srivastava @SurendraLSP - @SurendraLSP @srinumandpati @JP_LOKSATTA in fact FDI will help creating supply chain infrastructure and help
As Reply to
Srinivas Mandapati @srinumandpati - @JP_LOKSATTA The BJP claims FDI in retail will hurt the country's manufacturing sector. "Sales boys and girls" . Thoughts? #loksattalive
Surendra Srivastava @SurendraLSP - @GVRDon @JP_LOKSATTA FDI will help create supply chain infrastructure and bring the skills for its efficient management
As Reply to
Raghava Rohit @GVRDon - @JP_LOKSATTA how can the policies be implemented without having the necessary infrastructure,resources,man management? #loksattalive
Surendra Srivastava @SurendraLSP - @ramramdas @JP_LOKSATTA agree
As Reply to
Ram Ramdas @ramramdas - @JP_LOKSATTA #loksattalive just a policy announcement may not open the gates. Too much noise both pro and con is being made abt FDI
Jayaprakash Narayan @JP_LOKSATTA - #loksattalive FDI also reduces current account deficit. Rupee now is under pressure and trade deficit is 4.4% of GDP.
Surendra Srivastava @SurendraLSP - @massmaharaaj @JP_LOKSATTA Multiple reforms in various sectors of politics and governance needed...
As Reply to
Z RAVITEJA REDDY @massmaharaaj - #loksattalive how to remove Corruption? Any plan and that a single person can do? @JP_LOKSATTA
Surendra Srivastava @SurendraLSP - @actindia agree therefore there FDI move is welcomed
As Reply to
sateashjain @actindia - What ?Bharat Bandh ?India already in shut down mode for the past eight years under dynamic rule of Congress-UPA,Scammohan Singh and SoniyaG.
Sanjay Jhunjhunwala @PollTics - @SurendraLSP its a silver lining till it doesn't affect your own pocket. #loksattalive
Surendra Srivastava @SurendraLSP - @PollTics @abhijitmajumder with policy parlysis Bharat is already badh for few years now. FDI in retail is silver lining
As Reply to
Sanjay Jhunjhunwala @PollTics - RT @abhijitmajumder: Every Bharat Bandh used to have my full and unstinting support till I chose journalism as my career #loksattalive
Surendra Srivastava @SurendraLSP - @ManojThansi @JP_LOKSATTA that is why we need to be active to ensure that Govt delivers
As Reply to
Manoj Thansi @ManojThansi - @JP_LOKSATTA Sir, population is growing fast,but govt's initiatives are slower than private initiatives:( http://www.worldometers.info #LOKSATTALIVE
Surendra Srivastava @SurendraLSP - @jvsk3 India need efficient supply chain management, capital for infrastructure therofore let us not worry too much about these
As Reply to
j venkatesh @jvsk3 - #loksattalive When V have a very faulty system Governing our Country is it right 2 open our Mkts 2 Notorious Retail Giants?
Surendra Srivastava @SurendraLSP - @jvsk3 @JP_LOKSATTA what is killing us is not FDI but Vote Bank politics
As Reply to
j venkatesh @jvsk3 - @JP_LOKSATTA Do agree but should know whom R V inviting they R big Giants who R notorious &our present chaos idle for them2turn as Parasites
Jayaprakash Narayan @JP_LOKSATTA - @jvsk3 This applies to all spheres of economy. We cannot wait for politics to improve before mending economy. #fdi #loksattalive
j venkatesh @jvsk3 - #loksattalive When V have a very faulty system Governing our Country is it right 2 open our Mkts 2 Notorious Retail Giants?
Surendra Srivastava @SurendraLSP - Vote Bank Politics is creating imbalance in distributing wealth amongst people. We need political and governance reforms
Surendra Srivastava @SurendraLSP - @magikalyan @JP_LOKSATTA The evidence shows that they both can exist and gain in greater then comparative loss #loksattalive
As Reply to
Kalyan Pilla @magikalyan - @JP_LOKSATTA #loksattalive #FDI might improve the economy, but would the gain surpass the loss to the daily retail seller?
mallrui @mallrui - @sisiro @SurendraLSP Our nation is already a dont knw wat knd of chks&balances r in place #FDI #loksattalive Hav v implemented any?
mallrui @mallrui - @ramramdas @SurendraLSP @sisiro Need is storage then. Do V need #FDI tech to build storage #loksattalive
A Common Man @sisiro - @SurendraLSP @mallrui But how do we ensure that a) foreign co's dont abuse our systems n resources n b) imported mgmt skills useful to IN?
mallrui @mallrui - @SurendraLSP @sisiro Resources gvn4free & dont hv capital to buy management skills.Or V dont have intentions2b honest #FDI #loksattalive
Ram Ramdas @ramramdas - @SurendraLSP @sisiro @mallrui #loksattalive there are an avg 7 level of NON value adding intermediation in farm produce tday. 40% waste yet
Surendra Srivastava @SurendraLSP - @sisiro @mallrui We need capital and best management skills to take on middle man and hence FDI is welcomed #loksattalive
As Reply to
A Common Man @sisiro - @mallrui Current Rythu Bazars are now infiltrated by middle men, and real farmers lost #loksattalive
mallrui @mallrui - #loksattalive RythuBazars were started in 19992benefit farmers&remove middlemen.Did V improve or try2 improve r wil only #FDI gives honesty?
Surendra Srivastava @SurendraLSP - @Vidyut smaller farmers in India r already marginalized. They will infact be benefitted by capital&efficient management in supplychain..
As Reply to
Vidyut @Vidyut - FDI in retail is going to drive down global prices, eventually strangling the growth of the small farmer. #loksattalive
Surendra Srivastava @SurendraLSP - @Gubbi That is a myth and evidence shows that vote bank politics manipulates policy #loksattalive
As Reply to
Vinuth M. Madinur @Gubbi - #loksattalive Although systems will be efficient end-to-end food chain control will be with bigger players, easy to manipulate gvt policies.
emanth V @hemuhere - @SurendraLSP why has the deficit become so big in the first place?,becoz of UPA's flawed policies,spending beyond means,NAC's cruel decision
Surendra Srivastava @SurendraLSP - @hemuhere fiscal deficit is restricting freedom of government to reform and many such steps are needed. #loksattalive
As Reply to
emanth V @hemuhere - Disagree totally with these price hikes of LPG, petrol deisel,its got more to do with fiscal deficit and less with 'reforms #loksattalive
Cloud Boy @cloudsaaspaas - @SurendraLSP Ofcourse. My point is to bring Lokpal before #FDI.
Surendra Srivastava @SurendraLSP - @cloudsaaspaas Indian corporates r equally involved in similarlobb. In-factvote bankpolitics hv been holding such bold steps #loksattalive
As Reply to
Cloud Boy @cloudsaaspaas - WalMart has spent Rs.52 Crore in two years to lobby , as per statement made in USA. #LOKSATTALIVE
Surendra Srivastava @SurendraLSP - @sheopory Peopleopposed IT for votebank nowthey oppose FDI V wl become stronger more stronger after our supply chain is fixed. #loksattalive
As Reply to
Abhishek Sheopory @sheopory - Compare FDI to IT revolution. If MNC offices were blocked in India, would the standard of IT have improved here? #LoksattaLive
Dr.Ashwin Mahesh's Chat on Twitter
Ashwin Mahesh @ashwinmahesh - Join me, JP and Surendra Srivastava this evening from 6-7 for a live debate on twitter, as we look at the recent... http://fb.me/1jctwyuOe
Ashwin Mahesh @ashwinmahesh - @kharesm @JP_LOKSATTA the 'policy' decision is not really taken on the basis of policy.
As Reply to
Saurabh Khare @kharesm - @JP_LOKSATTA Why is kerosene subsidy not touched? Wouldn't that increase the adulteration in diesel? Cash transfer possible? #LoksattaLive
Saurabh Khare @kharesm - @ashwinmahesh @JP_LOKSATTA hmm..correct. They didn't think of fiscal deficit when introducing NREGA or FSB. #LoksattaLive
Ashwin Mahesh @ashwinmahesh - @kharesm @JP_LOKSATTA The 'fiscal prudence' argument only makes sense if prudence is generally woven into many other decisions also.
As Reply to
Saurabh Khare @kharesm - @JP_LOKSATTA Why is kerosene subsidy not touched? Wouldn't that increase the adulteration in diesel? Cash transfer possible? #LoksattaLive
Ashwin Mahesh @ashwinmahesh - The 'fiscal prudence' argument only makes sense if prudence is generally woven into many other decisions also. Else, just a vacuous claim.
Ashwin Mahesh @ashwinmahesh - #loksattalive There is a tendency for the debate on 'F'DI to turn into a debate on organised retail itself. These are 2 different things.
Ashwin Mahesh @ashwinmahesh - #loksattalive Indian citizens and Indian-owned companies can already invest in the retail industry, no restrictions. And many already do.
Ashwin Mahesh @ashwinmahesh - #loksattalive Now the question is : should others, i.e. not Indians, also be 'allowed' to invest in the retail sector?
Ashwin Mahesh @ashwinmahesh - #loksattalive 'Multi-brand' retail is a vague distinction. Govt has confused things unnecessarily by this term.
Ashwin Mahesh @ashwinmahesh - #loksattalive Ikea is as multi-brand as Walmart; whether one organises and integrates producers or suppliers is the only difference.
Aravind @arav_m - @ashwinmahesh yes but don't we need reform in manufacturing policy & labor laws to increase efficacy of organised retail incl FDI? #FDI
Ashwin Mahesh @ashwinmahesh - @arav_m #loksattalive it is inevitable in the sense that at some point in any economic chain, someone has to foot the bill
As Reply to
Aravind @arav_m - #loksattalive LSP stand on supporting fuel $ hike as inevitable seems misplaced as oil cos taxed high & inefficient schemes take big share?
Aravind @arav_m - @ashwinmahesh sadly,govt looking at FDI as silver bullet w/o realizing cost of poor framework around it is settng up 4 failure #loksattalive
Ashwin Mahesh @ashwinmahesh - @arav_m #loksattalive fully agree ... that's why I said this is as much a 'foreign' affairs issue as it is an economic one.
Aravind @arav_m - @ashwinmahesh we all r aware how china keeps currency artificially low to make its exports competitive, this skews compet #loksattalive #FDI
Aravind @arav_m - @ashwinmahesh true sir. unfortunately signal going out is govt opening up retail w/o looking at reforms in labor, manuf #loksattalive #FDI
Ashwin Mahesh @ashwinmahesh - @arav_m #loksattalive fiscal discipline is not part of the overall policy framework of govt. They trot it out whenever it suits them.
As Reply to
Aravind @arav_m - #loksattalive LSP stand on supporting fuel $ hike as inevitable seems misplaced as oil cos taxed high & inefficient schemes take big share?
Ashwin Mahesh @ashwinmahesh - @MaheshMrcool #loksattalive they could. To some extent, already do. But they lack certain areas of expertise. Most are finance companies :)
As Reply to
Mahesh @MaheshMrcool - #loksattalive if role of bigger shops r needed why cant TATA, GMR and Birla companies step in like Reliance.
Ashwin Mahesh @ashwinmahesh - #loksattalive International relations are more about 'negotiation' than about economic rationale or common sense.
Ashwin Mahesh @ashwinmahesh - #loksattalive Countries do what is best for themselves, usually. But some nations know how to position their view as 'good for everyone!
Ashwin Mahesh @ashwinmahesh - #loksattalive Aviation FDT was permitted only by non-airlines until now - that tells how little common sense there is in 'foreign' policy.
Ashwin Mahesh @ashwinmahesh - @JhunjhunwalaFC @JP_LOKSATTA some of this is just a 'sell out' strategy. #loksattalive
As Reply to
Jhunjhunwala FC @JhunjhunwalaFC - RT @JP_LOKSATTA: #loksattalive Even Indian companies want FDI. If the bring in capital, management & technology, they should be welcome
Ashwin Mahesh @ashwinmahesh - @JhunjhunwalaFC #loksattalive Some Indian co.s can't really hack it; they've briefly cornered certain value. Their only 'ROI' is by selling.
As Reply to
Jhunjhunwala FC @JhunjhunwalaFC - RT @JP_LOKSATTA: #loksattalive Even Indian companies want FDI. If the bring in capital, management & technology, they should be welcome
Ashwin Mahesh @ashwinmahesh - @JhunjhunwalaFC #loksattalive Similar to Coalgate. Ghutka, chaddi makers plan to exit selling to real miners. A few retailers will do same
As Reply to
Jhunjhunwala FC @JhunjhunwalaFC - RT @JP_LOKSATTA: #loksattalive Even Indian companies want FDI. If the bring in capital, management & technology, they should be welcome
Aravind @arav_m - @ashwinmahesh sadly,govt looking at FDI as silver bullet w/o realizing cost of poor framework around it is settng up 4 failure #loksattalive
Ashwin Mahesh @ashwinmahesh - @arav_m #loksattalive fully agree ... that's why I said this is as much a 'foreign' affairs issue as it is an economic one.
As Reply to
Aravind @arav_m - @ashwinmahesh we all r aware how china keeps currency artificially low to make its exports competitive, this skews compet #loksattalive #FDI
Ashwin Mahesh @ashwinmahesh - @arav_m #loksattalive fiscal discipline is not part of the overall policy framework of govt. They trot it out whenever it suits them.
Aravind @arav_m - #loksattalive LSP stand on supporting fuel $ hike as inevitable seems misplaced as oil cos taxed high & inefficient schemes take big share?
Ashwin Mahesh @ashwinmahesh - #loksattalive We must develop the skill to negotiate the national interest in international fora - an important part of global competition
Ashwin Mahesh @ashwinmahesh - @arav_m time for the states to grow up. We can't hide behind Centre's idiocy all the time :) #loksattalive
Ashwin Mahesh @ashwinmahesh - @arav_m no alternative to this, except to ensure that our 'negotiation' teams are strong. Can't send officials on junket tours #loksattalive
Ashwin Mahesh @ashwinmahesh - @arav_m #loksattalive - infra is needed regardless of who uses the channel, Indian or others. Shd remove roadblocks to all infra investments
As Reply to
Jayaprakash Narayan @JP_LOKSATTA - #loksattalive Real benefit is in stimulating post harvest technology.
Ashwin Mahesh @ashwinmahesh - #loksattalive We must also ensure 'national interest' represented by Centre is truly the nation's interest, not just some crony capitalism.
Ashwin Mahesh @ashwinmahesh - #loksattalive At state level, one source of anger is Central government doesn't really 'consult' the states on a lot of trade matters.
Ashwin Mahesh @ashwinmahesh - #loksattalive Blame for this lies with state MPs - what are they doing in Delhi? Especially Rajya Sabha MPs, who represent their states?
Ashwin Mahesh @ashwinmahesh - @PollTics #loksattalive most likely :) But we needn't worry too much. Even the support is based partly on realpolitik !!
As Reply to
Sanjay Jhunjhunwala @PollTics - @JP_LOKSATTA #loksattalive is the opposition to FDI in retail based on real politic rather than any concern for small business owners?
Jayaprakash Narayan @JP_LOKSATTA - #loksattalive But failure to act in one area is no ground for inaction else where.
Ashwin Mahesh @ashwinmahesh - @rubenmasc #loksattalive has no capacity to 'invest' in anything. Real investments require more than just money.
As Reply to
Ruben Mascarenhas @rubenmasc - #loksattalive BJP's argument is that Govt. should invest in Food processing,not leave it in pvt hands who may exploit,ur take? @as @jp
Ashwin Mahesh @ashwinmahesh - @Amitjan #loksattalive middlemen exist mainly because information and price-awareness channel between producer and consumer is broken
As Reply to
Amit Choudary @Amitjan - #loksattalive : Being concerned about Middlemen, What about farmers? even today most of them get underpaid, or their produce get wasted .
Ashwin Mahesh @ashwinmahesh - @arav_m time for the states to grow up. We can't hide behind Centre's idiocy all the time :) #loksattalive
Ashwin Mahesh @ashwinmahesh - @arav_m no alternative to this, except to ensure that our 'negotiation' teams are strong. Can't send officials on junket tours #loksattalive
As Reply to
Ashwin Mahesh @ashwinmahesh - @arav_m #loksattalive - infra is needed regardless of who uses the channel, Indian or others. Shd remove roadblocks to all infra investments
Jayaprakash Narayan @JP_LOKSATTA - #loksattalive Real benefit is in stimulating post harvest technology.
Ashwin Mahesh @ashwinmahesh - @RamSasidhar #loksattalive all over the world the std approach is to set up preferential access to small businesses, in the same channels.
As Reply to
Ram Sasidhar @RamSasidhar - @JP_LOKSATTA If FDI is accepted, then what initiatives should be taken to support small business owners! #loksattalive @ashwinmahesh
Ram Sasidhar @RamSasidhar - @ashwinmahesh Thank You!
Ashwin Mahesh @ashwinmahesh - @RamSasidhar #loksattalive reserving a portion of govt buying for small businesses, lower cost of finance ... etc
As Reply to
Ram Sasidhar @RamSasidhar - @JP_LOKSATTA If FDI is accepted, then what initiatives should be taken to support small business owners! #loksattalive @ashwinmahesh
Ashwin Mahesh @ashwinmahesh - @PollTics by all means
Sanjay Jhunjhunwala @PollTics - @ashwinmahesh #loksattalive trying to act as the devil's advocate becuase the debate is heavily swayed towards pro #FDI ers.
Ashwin Mahesh @ashwinmahesh - @PollTics @JP_LOKSATTA it should not be the ONLY medium, but no harm if it is discussed here also.
As Reply to
Sanjay Jhunjhunwala @PollTics - @JP_LOKSATTA #loksattalive critics would argue that internet is not the right medium to discuss an issue which concerns common man.
Jayaprakash Narayan @JP_LOKSATTA - #loksattalive FDI also reduces current account deficit. Rupee now is under pressure and trade deficit is 4.4% of GDP.
Loksatta follower @LoksattaMember - @MaheshMrcool @ashwinmahesh we are not supporting every move of GOV for your kind information :)
Mahesh @MaheshMrcool - @ashwinmahesh #loksattalive Now we r thinking on FDI. I want to know what Gov had achieved by nuclear Bill.
Ashwin Mahesh @ashwinmahesh - @MaheshMrcool #loksattalive risks and opportunities go hand in hand. We also missed the bus on development. Many others are far ahead.
As Reply to
Mahesh @MaheshMrcool - #loksattalive we escaped recession because our economy is mostly independent.By FDI i feel unstability in indian economy will come
Abdul Azeez Shaik @abdulazeez1984 - @ashwinmahesh Due to this, aren't foreign carriers have edge over indian carriers?Shouldn't it be on par with world's avg? #loksattalive
Ashwin Mahesh @ashwinmahesh - @abdulazeez1984 #loksattalive high ATF only works because foreign ops are a small %age. Else they would fuel abroad :)
As Reply to
Abdul Azeez Shaik @abdulazeez1984 - @JP_LOKSATTA What is your view on high ATF prices and high taxes on petrol,diesel? #loksattalive
Jayaprakash Narayan @JP_LOKSATTA - #loksattalive if our credit rating is lowered because of inaction interest burden will go up instantly. we have to act now.
Ashwin Mahesh @ashwinmahesh - @PollTics by all means
As Reply to
Sanjay Jhunjhunwala @PollTics - @ashwinmahesh #loksattalive trying to act as the devil's advocate becuase the debate is heavily swayed towards pro #FDI ers.
Ashwin Mahesh @ashwinmahesh - @PollTics @JP_LOKSATTA it should not be the ONLY medium, but no harm if it is discussed here also.
Sanjay Jhunjhunwala @PollTics - @JP_LOKSATTA #loksattalive critics would argue that internet is not the right medium to discuss an issue which concerns common man.
Jayaprakash Narayan @JP_LOKSATTA - #loksattalive FDI also reduces current account deficit. Rupee now is under pressure and trade deficit is 4.4% of GDP.
Ashwin Mahesh @ashwinmahesh - @srinumandpati rest are not prisoners. If the public saw them debate, they would never vote for them again :) #loksattalive
As Reply to
Srinivas Mandapati @srinumandpati - #loksattalive the only party debating the issue in a proper manner, allowing all pts of view. Rest are prisoners of their votebanks
Ashwin Mahesh @ashwinmahesh - @vnands #loksattalive depends on a lot of things. But we should ask whether the tide will lift for all.
As Reply to
vijayanand samudrala @vnands - #loksattalive - will FDI create distributed wealth or concentrated wealth??
Ashwin Mahesh @ashwinmahesh - @ramramdas #loksattalive yes, actual investment will be measured. Nothing new will happen right away, except in airlines.
As Reply to
Ram Ramdas @ramramdas - @JP_LOKSATTA #loksattalive just a policy announcement may not open the gates. Too much noise both pro and con is being made abt FDI
Jayaprakash Narayan @JP_LOKSATTA - #loksattalive FDI also reduces current account deficit. Rupee now is under pressure and trade deficit is 4.4% of GDP.
Ashwin Mahesh @ashwinmahesh - #loksattalive Ony growth and jobs will end poverty. We can't wish away this truth. Need to ask, therefore: what will create these?
Ashwin Mahesh @ashwinmahesh - @arav_m time for the states to grow up. We can't hide behind Centre's idiocy all the time :) #loksattalive
As Reply to
Ashwin Mahesh @ashwinmahesh - @arav_m no alternative to this, except to ensure that our 'negotiation' teams are strong. Can't send officials on junket tours #loksattalive
Ashwin Mahesh @ashwinmahesh - @arav_m #loksattalive - infra is needed regardless of who uses the channel, Indian or others. Shd remove roadblocks to all infra investments
Jayaprakash Narayan @JP_LOKSATTA - #loksattalive Real benefit is in stimulating post harvest technology.
Ashwin Mahesh @ashwinmahesh - #loksattalive We shd use words like 'allow' carefully. We shd not restate things we need as things we permit - a typical socialist confusion
Ashwin Mahesh @ashwinmahesh - @worldofdilbar #loksattalive we wont have big retail without the backend. Out of their own self-interest they will do it.
As Reply to
SP @worldofdilbar - #loksattalive How can we ensure big retail would not ignore back-end infra investment
Ashwin Mahesh @ashwinmahesh - @arav_m #loksattalive unfortunate truth is that these things combine politics and economics. Purely one alone is not an option.
As Reply to
Ashwin Mahesh @ashwinmahesh - #loksattalive Ony growth and jobs will end poverty. We can't wish away this truth. Need to ask, therefore: what will create these?
Ashwin Mahesh @ashwinmahesh - @jvsk3 #loksattalive you're right. That's why we need to get both politics and economics right.
As Reply to
j venkatesh @jvsk3 - #loksattalive When V have a very faulty system Governing our Country is it right 2 open our Mkts 2 Notorious Retail Giants?
Prashen Kyawal @prashen - @ashwinmahesh @arav_m saying this since ages
Ashwin Mahesh @ashwinmahesh - @arav_m #loksattalive notice how when they raise prices, they don't adjust tax rates? They can easily keep the tax as a number, not a %age.
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Jayaprakash Narayan @JP_LOKSATTA - @abdulazeez1984 Our Tax-GDP ratio is still low. We need taxes to run Govt. There can be some tweaking, but not much. #loksattalive #FDI
Abdul Azeez Shaik @abdulazeez1984 - @JP_LOKSATTA What is your view on high ATF prices and high taxes on petrol,diesel? #loksattalive
Jayaprakash Narayan @JP_LOKSATTA - #loksattalive if our credit rating is lowered because of inaction interest burden will go up instantly. we have to act now.
PradeepReddy Boppidi @pradeepboppidi - @ashwinmahesh rightly pointed, Infra projects do bridge d gaps. But clearing d projects need political will, supported by innovative tech
Ashwin Mahesh @ashwinmahesh - @pradeepboppidi #loksattalive certainly, especially in infra. If we are smart, we should first 'clear' the infra proposals before others.
As Reply to
PradeepReddy Boppidi @pradeepboppidi - RT @JP_LOKSATTA: #loksattalive FDI, FII & remittances are vital to bridge gap in short term. FII brings hot money. FDI is safer and...
Ashwin Mahesh @ashwinmahesh - @vnands #loksattalive not strictly true - auto sector foreign-dominated, but Indian-produced. Telecom relies lot on foreign IT and hardware.
As Reply to
vijayanand samudrala @vnands - #loksattalive large Indian businesses enjoyed success in auto, telecom and oil sectors without global partnerships...why not in retail?
Ashwin Mahesh @ashwinmahesh - @indirakoneru #loksattalive notice that in countries with large retail, farmers are among the most pampered !!
As Reply to
Dr. Indira Koneru @indirakoneru - Farmers may be given lucrative prices initially; but eventually they will be at the mercy of big retailers, isn't it? #loksattalive #fdi
Ashwin Mahesh @ashwinmahesh - @karancspeaks #loksattalive in economic systems, we must not treat diligent and indifferent people the same.
Ashwin Mahesh @ashwinmahesh - @karancspeaks #loksattalive in my judgment, yes. I think there is genuine opportunity today for those who WANT to move up.
Ashwin Mahesh @ashwinmahesh - @karancspeaks #loksattalive there are countries, states, cities where this has happened globally. Even Walmart failed in some places
Ashwin Mahesh @ashwinmahesh - @karancspeaks #loksattalive - let's explore this. Why is 'small' better than 'big'?
Ashwin Mahesh @ashwinmahesh - @phani_alla1988 #loksattalive There are countries where even W has failed, while smaller retail has thrived. Big is not automatically enuf.
As Reply to
Karan @karancspeaks - @ashwinmahesh Exactly. The other things you said should be implemented first and then FDI in retail.Otherwise this will lead to oligopoly.
Ashwin Mahesh @ashwinmahesh - @karancspeaks #loksattalive there is no such thing as the only solution. It is also an option. There are many other things needed.
As Reply to
Karan @karancspeaks - To bring in efficiency in to the un-organised system, FDI is not the only solution. #loksattalive
Ashwin Mahesh @ashwinmahesh - @Ganesh_Khare #loksattalive in peri urban areas farmers are quitting farming because the land is worth more for other uses.
Ganesh Khare @Ganesh_Khare - @ashwinmahesh #loksattalive agree. hw will it benefit farmers. mny farmers r quitng farmg
Ashwin Mahesh @ashwinmahesh - @Ganesh_Khare #loksattalive if the logistics infra comes up, then there will be more sources of 'local' jobs.
As Reply to
Ganesh Khare @Ganesh_Khare - #loksattalive. #fb apart from technical knowhow & some more money In mkt, hw wil our econmony bnefit?
Ashwin Mahesh @ashwinmahesh - #loksattalive Subsidy revisions in diesel and LPG - the step is right one to take, but the logic is still deeply unconnected from reality.
Ashwin Mahesh @ashwinmahesh - @cloudsaaspaas #loksattalive partly because partial steps are not enough in industries that make sense only in totality.
As Reply to
Cloud Boy @cloudsaaspaas - @JP_LOKSATTA FDI is already allowed in storage and no investment has come in. Why is that? #loksattalive
Ashwin Mahesh @ashwinmahesh - @abdulazeez1984 #loksattalive have been advising JnNURM on this. Second version likely to be more sensible than first.
As Reply to
Abdul Azeez Shaik @abdulazeez1984 - @JP_LOKSATTA Sir, shouldn't devpmnt of public transport be high priority for state govts to counter high petrol&diesel prices? #loksattalive
Jayaprakash Narayan @JP_LOKSATTA - @abdulazeez1984 Oil pricing is also abt incentives wid growin shortages & imports we need to promote othr fuels. Taxation hlps #loksattalive
Abdul Azeez Shaik @abdulazeez1984 - @JP_LOKSATTA What is your view on high ATF prices and high taxes on petrol,diesel? #loksattalive
Jayaprakash Narayan @JP_LOKSATTA - #loksattalive if our credit rating is lowered because of inaction interest burden will go up instantly. we have to act now.
Ashwin Mahesh @ashwinmahesh - @arav_m #loksattalive I told you this is partly politics, not just econ :)
As Reply to
Ram Ramdas @ramramdas - @dkarthik @ashwinmahesh @phani_alla1988 #loksattalive walmart stores hv closed even in china
Ashwin Mahesh @ashwinmahesh - @phani_alla1988 #loksattalive There are countries where even W has failed, while smaller retail has thrived. Big is not automatically enuf.
Ashwin Mahesh @ashwinmahesh - @Ganesh_Khare #loksattalive in peri urban areas farmers are quitting farming because the land is worth more for other uses.
As Reply to
Ashwin Mahesh @ashwinmahesh - @jai1900 #loksattalive there is a failure of politics, no doubt. Loksatta has been saying we cant crack this without political change too.
jai @jai1900 - @ashwinmahesh #loksattalive @ashwinmahesh but when it was allowed to import on condition of local manufacturing it voilated and got away
Ashwin Mahesh @ashwinmahesh - @jai1900 #loksattalive that was partly a 'company' issue, not only a matter of international trade/finance.
As Reply to
jai @jai1900 - #loksattalive How to stop one more Reebok happening after #FDI
Ashwin Mahesh @ashwinmahesh - @PollTics #loksattalive I am not that particular about the source of investment. I think we should ask the question more generally.
As Reply to
Sanjay Jhunjhunwala @PollTics - RT @PollTics: @JP_LOKSATTA what are your suggestions to promote more FDI in the country? #loksattalive @ashwinmahesh
Karan @karancspeaks - @ashwinmahesh Is system ready to absorb people who will be thrown out of the so called unorganised sector due to this?? #loksattalive
Karan @karancspeaks - @ashwinmahesh I dont care about W but there is a huge no. of people directly and indirectly depending on this sector. #loksattalive
Ashwin Mahesh @ashwinmahesh - @karancspeaks #loksattalive there are countries, states, cities where this has happened globally. Even Walmart failed in some places
Karan @karancspeaks - @ashwinmahesh Efficiency is what Big are supposed to be bringing in system. But that is a primary responsibility of the state. #loksattalive
Karan @karancspeaks - @ashwinmahesh No. But organised small 100x times better than Big. Efficiency has to be bought in the system, by the system. #loksattalive
Ashwin Mahesh @ashwinmahesh - @karancspeaks #loksattalive - let's explore this. Why is 'small' better than 'big'?
As Reply to
Karan @karancspeaks - @ashwinmahesh But small will no longer be sustainable to fight against the big. Small cannot fight for longer time. #loksattalive
Ashwin Mahesh @ashwinmahesh - @phani_alla1988 #loksattalive There are countries where even W has failed, while smaller retail has thrived. Big is not automatically enuf.
Cloud Boy @cloudsaaspaas - @ashwinmahesh @JP_LOKSATTA You mean we have to believe the studies done by walmart?? Really? #loksattalive
Ashwin Mahesh @ashwinmahesh - @cloudsaaspaas @JP_LOKSATTA sure ... by Walmart itself :) #loksattalive studies are not all objective.
As Reply to
Cloud Boy @cloudsaaspaas - @JP_LOKSATTA #loksattalive Is there any study showing that walmarts have done good to the health of people or economy?
Ashwin Mahesh @ashwinmahesh - @Amitjan #loksattalive yes there is asymmetry. These are decisions that are difficult to roll back, therefore it is imp to make it work rite
As Reply to
Amit Choudary @Amitjan - @ashwinkumar#loksattalive : any comment over exit models if required for future.
Ashwin Mahesh @ashwinmahesh - @bhargo_10 #loksattalive 'Not Indian' is not same as 'not good for India'. Indian firms trade globally without undermining other nations.
As Reply to
Dudagadapa Bhargav @bhargo_10 - #loksattalive If sourcing is indian, customer is indian why cannot Indian retail firms do it? why do we have to learn business from others
Ashwin Mahesh @ashwinmahesh - @INS_animesh #loksattalive coops are not prohibited, anyone can set them up. What we should not do is say, nothing else is allowed'.
As Reply to
Animesh Sharma @INS_animesh - #loksattalive @JP_LOKSATTA Why organic cooperative approach for retail(like amul) is not better then FDI in retail?
Ashwin Mahesh @ashwinmahesh - @karancspeaks #loksattalive in economic systems, we must not treat diligent and indifferent people the same.
Ashwin Mahesh @ashwinmahesh - @karancspeaks #loksattalive in my judgment, yes. I think there is genuine opportunity today for those who WANT to move up.
Ashwin Mahesh @ashwinmahesh - @karancspeaks #loksattalive there are countries, states, cities where this has happened globally. Even Walmart failed in some places
As Reply to
Ashwin Mahesh @ashwinmahesh - @karancspeaks #loksattalive - let's explore this. Why is 'small' better than 'big'?
Ashwin Mahesh @ashwinmahesh - @phani_alla1988 #loksattalive There are countries where even W has failed, while smaller retail has thrived. Big is not automatically enuf.
Ashwin Mahesh @ashwinmahesh - @indirakoneru #loksattalive in Lok Satta :)
As Reply to
Jayaprakash Narayan @JP_LOKSATTA - @cpings4 Its not one or the other. We must end corruption as well as mend the economy. And both quickly! Time is now! #loksattalive #FDI
Jayaprakash Narayan @JP_LOKSATTA - @cpings4 Congress brand of socialism has led to the crisis. now we hav 2 judge policy on merits, not from where it comes. #loksattalive #FDI
Jayaprakash Narayan @JP_LOKSATTA - #loksattalive FDI, FII & remittances are vital to bridge gap in short term. FII brings hot money. FDI is safer and brings jobs & growth.
Cloud Boy @cloudsaaspaas - @ashwinmahesh Sir, Do you any study about it? Is there any country that has benifitted with walmart? There is only joblosses. #loksattalive
Ashwin Mahesh @ashwinmahesh - @cloudsaaspaas #loksattalive not a straight comparison. The Indian mkt you refer to includes all indirect jobs too.
As Reply to
Cloud Boy @cloudsaaspaas - Indian market is estimated $400 billion with 40million emplyed.Walmart trunover is $420 billion,but employs 2.1 million people.#LokSattaLive
Ashwin Mahesh @ashwinmahesh - @jai1900 #loksattalive there is a failure of politics, no doubt. Loksatta has been saying we cant crack this without political change too.
As Reply to
jai @jai1900 - @ashwinmahesh #loksattalive @ashwinmahesh but when it was allowed to import on condition of local manufacturing it voilated and got away
Ashwin Mahesh @ashwinmahesh - @jai1900 #loksattalive that was partly a 'company' issue, not only a matter of international trade/finance.
jai @jai1900 - #loksattalive How to stop one more Reebok happening after #FDI
Ashwin Mahesh @ashwinmahesh - #loksattalive trick is create a system in which big and small businesses collaborate, rather that tackling the same mkt goals competing.
Ashwin Mahesh @ashwinmahesh - @karancspeaks #loksattalive in my judgment, yes. I think there is genuine opportunity today for those who WANT to move up.
As Reply to
Ashwin Mahesh @ashwinmahesh - @karancspeaks #loksattalive there are countries, states, cities where this has happened globally. Even Walmart failed in some places
Ashwin Mahesh @ashwinmahesh - @karancspeaks #loksattalive - let's explore this. Why is 'small' better than 'big'?
Ashwin Mahesh @ashwinmahesh - @phani_alla1988 #loksattalive There are countries where even W has failed, while smaller retail has thrived. Big is not automatically enuf.
Ashwin Mahesh @ashwinmahesh - @karancspeaks #loksattalive in economic systems, we must not treat diligent and indifferent people the same.
As Reply to
Ashwin Mahesh @ashwinmahesh - @karancspeaks #loksattalive there are countries, states, cities where this has happened globally. Even Walmart failed in some places
Ashwin Mahesh @ashwinmahesh - @karancspeaks #loksattalive - let's explore this. Why is 'small' better than 'big'?
Ashwin Mahesh @ashwinmahesh - @phani_alla1988 #loksattalive There are countries where even W has failed, while smaller retail has thrived. Big is not automatically enuf.
Ashwin Mahesh @ashwinmahesh - @arav_m #loksattalive I have no objection to that. However, I am wary of producer-side subsidy, which has already failed badly in India
Aravind @arav_m - @supportloksatta not sufficient, small farmers cannot compete with big rich farmers on price/ access to credit #loksattalive @ashwinmahesh
Aravind @arav_m - @ashwinmahesh the least govt shud do is help them get easy credit so that they can invest & protect from big farmers/retailers #loksattalive
Loksatta Supporter @supportloksatta - @arav_m @ashwinmahesh sourcing conditions exist. so retailers will be forced to improve the competitiveness of indian farmer.
Aravind @arav_m - @ashwinmahesh yes sir. Dont u think we r putting our 'disempowered' small farmers at risk w FDI retail w/o 'protecting' them? #loksattalive
Ashwin Mahesh @ashwinmahesh - @arav_m #loksattalive they could even self-organise. Problem is lack of 'associational relationships'. Mai baap sarkar makes things worse.
As Reply to
Aravind @arav_m - @ashwinmahesh how can small farmer benefit from FDI in retail? enter into contract farming like in case of Pepsico/Punjab? #loksattalive
Ashwin Mahesh @ashwinmahesh - @praveenrangu9 #loksattalive - a lot of goods are only profitable to be sold from local sources. Plus, Indian SSI shd also get stronger.
As Reply to
praveenrangu @praveenrangu9 - #loksattalive one question. Walmart sells 90% made in china goods. It might kill all small scale Indian industries
Ashwin Mahesh @ashwinmahesh - @Gubbi agree
Vinuth M. Madinur @Gubbi - @ashwinmahesh #loksattalive Now that FDI is here, we need to have structures in place rather have anarchy and "anything goes" system.
Ashwin Mahesh @ashwinmahesh - @Gubbi #loksattalive I think that's already the case !! As I said, we need political and economic mgt to go together.
As Reply to
Vinuth M. Madinur @Gubbi - #loksattalive FDI also means entry of big players into farming and land owning. There will be larger farmlands and farmers as employees.
Ashwin Mahesh @ashwinmahesh - @Vidyut #loksattalive Being 'Indian' is not a license to exploit other Indians.
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Vidyut @Vidyut - Middlemen may be exploitative, but they are still Indians and it won't help our country if they get sidelined too. #loksattalive
Ashwin Mahesh @ashwinmahesh - @avinash_121 @Vidyut take those up in WTO.
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Vidyut @Vidyut - FDI in retail is going to drive down global prices, eventually strangling the growth of the small farmer. #loksattalive
Ashwin Mahesh @ashwinmahesh - @GVRDon #loksattalive fuel prices would not cause so much anxiety if in parallel we have a plan to develop alternates at lower cost.
As Reply to
Raghava Rohit @GVRDon - @JP_LOKSATTA #loksattalive other nations are having higher petrol and diesel prices, there isn't much uproar but here there is,clarify?
Ashwin Mahesh @ashwinmahesh - @arav_m #loksattalive I have no objection to that. However, I am wary of producer-side subsidy, which has already failed badly in India
As Reply to
Ashwin Mahesh @ashwinmahesh - @Gubbi agree
As Reply to
Vinuth M. Madinur @Gubbi - @ashwinmahesh #loksattalive Now that FDI is here, we need to have structures in place rather have anarchy and "anything goes" system.
Ashwin Mahesh @ashwinmahesh - @Gubbi #loksattalive I think that's already the case !! As I said, we need political and economic mgt to go together.
Vinuth M. Madinur @Gubbi - #loksattalive FDI also means entry of big players into farming and land owning. There will be larger farmlands and farmers as employees.
Ashwin Mahesh @ashwinmahesh - @indirakoneru #loksattalive it can, but not on its own. other steps also needed.
As Reply to
Dr. Indira Koneru @indirakoneru - @JP_LOKSATTA Will it improve quality of life in the rural areas? #LokSattaLive #FDI
Cloud Boy @cloudsaaspaas - @ashwinmahesh Ofcourse, But how can you start engine without ensuring you have fuel? Lokpal first. Then FDI. #loksattalive
Ashwin Mahesh @ashwinmahesh - @cloudsaaspaas #loksattalive we must be careful not to fall into cyclical traps. Somewhere we have to begin.
Cloud Boy @cloudsaaspaas - @ashwinmahesh But thats not happening now. So, we must not welcome #fdi in retail now. Thats my point sir. #loksattalive
Ashwin Mahesh @ashwinmahesh - @cloudsaaspaas #loksattalive 'before' in unnecessary. 'Together' is good enough.
Cloud Boy @cloudsaaspaas - @ashwinmahesh Then we should bring strong anti corruption laws and other reforms before we bring FDI deform. #loksattalive
Ashwin Mahesh @ashwinmahesh - @cloudsaaspaas #loksattalive I don't want to equate governance failure with economic policy argument. That has to be tackled too.
As Reply to
Cloud Boy @cloudsaaspaas - Walmart Captured 50% of Mexico's retail market in 10 years by using corrupt practices and bribing state officials. #loksattalive
Aravind @arav_m - @ashwinmahesh yes, govt shud eliminate subsidies for producers & use cash transfer to pass them on 2 farmers who need support #loksattalive
Ashwin Mahesh @ashwinmahesh - @arav_m #loksattalive think of 'urea' subsidy for manufacturers, intended as a benefit to poor farmers
As Reply to
Aravind @arav_m - @ashwinmahesh sir plz let us know what u r referring to when u say producer-side subsidy failed in past. #loksattalive
Ashwin Mahesh @ashwinmahesh - @arav_m #loksattalive I have no objection to that. However, I am wary of producer-side subsidy, which has already failed badly in India
Aravind @arav_m - @ashwinmahesh the least govt shud do is help them get easy credit so that they can invest & protect from big farmers/retailers #loksattalive
Ashwin Mahesh @ashwinmahesh - @arav_m #loksattalive they could even self-organise. Problem is lack of 'associational relationships'. Mai baap sarkar makes things worse.
Aravind @arav_m - @ashwinmahesh how can small farmer benefit from FDI in retail? enter into contract farming like in case of Pepsico/Punjab? #loksattalive
jai @jai1900 - @ashwinmahesh sir v understand d greatest ex 4 that is singapore but our current policy and law r not conjusive for #FDI due to govt policy
Ashwin Mahesh @ashwinmahesh - @jai1900 #loksattalive there is great evidence that countries with trading strengths fare well in the long term. Read 'False Economy'
As Reply to
jai @jai1900 - #loksattalive half of our GDP is going to be exposed to #FDI dont u foresee any danger out of this
Cloud Boy @cloudsaaspaas - @ashwinmahesh But we need to bring Lokpal first, then only #FDI , Do you agree with this or not sir? #loksattalive
Ashwin Mahesh @ashwinmahesh - @cloudsaaspaas #loksattalive I see both as making progress. Last week's Parliament committee mtg on Lokap was encouraging.
Cloud Boy @cloudsaaspaas - @ashwinmahesh Ofcourse, But how can you start engine without ensuring you have fuel? Lokpal first. Then FDI. #loksattalive
Ashwin Mahesh @ashwinmahesh - @cloudsaaspaas #loksattalive we must be careful not to fall into cyclical traps. Somewhere we have to begin.
Cloud Boy @cloudsaaspaas - @ashwinmahesh But thats not happening now. So, we must not welcome #fdi in retail now. Thats my point sir. #loksattalive
Ashwin Mahesh @ashwinmahesh - @cloudsaaspaas #loksattalive 'before' in unnecessary. 'Together' is good enough.
As Reply to
Cloud Boy @cloudsaaspaas - @ashwinmahesh Then we should bring strong anti corruption laws and other reforms before we bring FDI deform. #loksattalive
Ashwin Mahesh @ashwinmahesh - @cloudsaaspaas #loksattalive I don't want to equate governance failure with economic policy argument. That has to be tackled too.
Cloud Boy @cloudsaaspaas - Walmart Captured 50% of Mexico's retail market in 10 years by using corrupt practices and bribing state officials. #loksattalive
Nitin Pai @acorn - @ashwinmahesh Well, they are. But I am still not sure whether the online audience actually votes.
Ashwin Mahesh @ashwinmahesh - @acorn wish more political parties would discuss their views online too :)
As Reply to
Nitin Pai @acorn - @supportloksatta Thanks. Kudos to @jp_loksatta for coming out clearly in favour of the move. #loksattalive
Loksatta Supporter @supportloksatta - @acorn please participate on FDI and Disel price hike policy debate with @jp_loksatta of Loksatta party on twitter now. Use #loksattalive
Nitin Pai @acorn - Now reading Stanislaw Lem's "Solaris" on Kindle. Memories of having read it before.
Ashwin Mahesh @ashwinmahesh - @GVRDon #loksattalive that risk is always there. Outcomes depend on multiple things happening together. We must be vigilant.
As Reply to
Raghava Rohit @GVRDon - @ashwinmahesh #loksattalive Whatever policies govt has launched there has been no other parallel alternate to support it? agree?
Cloud Boy @cloudsaaspaas - @ashwinmahesh But we need to bring Lokpal first, then only #FDI , Do you agree with this or not sir? #loksattalive
Ashwin Mahesh @ashwinmahesh - @cloudsaaspaas #loksattalive I see both as making progress. Last week's Parliament committee mtg on Lokap was encouraging.
Cloud Boy @cloudsaaspaas - @ashwinmahesh Ofcourse, But how can you start engine without ensuring you have fuel? Lokpal first. Then FDI. #loksattalive
Ashwin Mahesh @ashwinmahesh - @cloudsaaspaas #loksattalive we must be careful not to fall into cyclical traps. Somewhere we have to begin.
As Reply to
Cloud Boy @cloudsaaspaas - @ashwinmahesh But thats not happening now. So, we must not welcome #fdi in retail now. Thats my point sir. #loksattalive
Ashwin Mahesh @ashwinmahesh - @cloudsaaspaas #loksattalive 'before' in unnecessary. 'Together' is good enough.
Cloud Boy @cloudsaaspaas - @ashwinmahesh Then we should bring strong anti corruption laws and other reforms before we bring FDI deform. #loksattalive
Ashwin Mahesh @ashwinmahesh - @cloudsaaspaas #loksattalive I don't want to equate governance failure with economic policy argument. That has to be tackled too.
Cloud Boy @cloudsaaspaas - Walmart Captured 50% of Mexico's retail market in 10 years by using corrupt practices and bribing state officials. #loksattalive
Ashwin Mahesh @ashwinmahesh - @karancspeaks #loksattalive imp to have a debate between 'producers' and 'consumers' benefiting from diff policies.
As Reply to
Cloud Boy @cloudsaaspaas - @ashwinmahesh But we need to bring Lokpal first, then only #FDI , Do you agree with this or not sir? #loksattalive
Ashwin Mahesh @ashwinmahesh - @cloudsaaspaas #loksattalive I see both as making progress. Last week's Parliament committee mtg on Lokap was encouraging.
As Reply to
Cloud Boy @cloudsaaspaas - @ashwinmahesh Ofcourse, But how can you start engine without ensuring you have fuel? Lokpal first. Then FDI. #loksattalive
Ashwin Mahesh @ashwinmahesh - @cloudsaaspaas #loksattalive we must be careful not to fall into cyclical traps. Somewhere we have to begin.
Cloud Boy @cloudsaaspaas - @ashwinmahesh But thats not happening now. So, we must not welcome #fdi in retail now. Thats my point sir. #loksattalive
Ashwin Mahesh @ashwinmahesh - @cloudsaaspaas #loksattalive 'before' in unnecessary. 'Together' is good enough.
Cloud Boy @cloudsaaspaas - @ashwinmahesh Then we should bring strong anti corruption laws and other reforms before we bring FDI deform. #loksattalive
Ashwin Mahesh @ashwinmahesh - @cloudsaaspaas #loksattalive I don't want to equate governance failure with economic policy argument. That has to be tackled too.
Cloud Boy @cloudsaaspaas - Walmart Captured 50% of Mexico's retail market in 10 years by using corrupt practices and bribing state officials. #loksattalive
Ashwin Mahesh @ashwinmahesh - @karancspeaks why not? As I said, I recognise the 'self interest' arguments here. We need to navigate both econ and politics.
Karan @karancspeaks - @ashwinmahesh Help in the form of low int. loans fr Indian producers since those investing will avail those in their countries #loksattalive
Ashwin Mahesh @ashwinmahesh - @karancspeaks #loksattalive what do you mean by 'level' field for producers?
As Reply to
Karan @karancspeaks - @ashwinmahesh Consumers can be benefited by organised retail. Producers by level playing field. Bring in these first I say #loksattalive
Ashwin Mahesh @ashwinmahesh - @karancspeaks #loksattalive imp to have a debate between 'producers' and 'consumers' benefiting from diff policies.
Karan @karancspeaks - What about the manufacturing sectors?? Cheap prods will be bought into this country. Will state help us?who is responsible? #loksattalive
Ashwin Mahesh @ashwinmahesh - #loksattalive - one thing we need to understand is that it is not entirely up to India to decide what to 'allow'. ...contd
Ashwin Mahesh @ashwinmahesh - ... #loksattalive there are various things we need from other countries, we must be prepared to negotiate our way forward with their demands
Ashwin Mahesh @ashwinmahesh - #loksattalive Nation needs political leaders who can manage the economic conversations/negotiations too.
Ashwin Mahesh @ashwinmahesh - #loksattalive thank you everyone who participated this evening. Thanks especially to those who disagreed and raised alternate views.
Ashwin Mahesh @ashwinmahesh - #loksattalive public conversations are an important part of democracy. Encourage ALL politicians to do same. Loksatta will lead by example !
Ashwin Mahesh @ashwinmahesh - @sonaliranade agree. And one more thing ... we now understand that Hyundai too is 'our' manufacturer. Evolution of economic clarity.
As Reply to
SonaliRanade @sonaliranade - Look at the car market. Did introduction of competition help or hinder? We have more cars, Indian car mfgers thrive. #LokSattalive
Ashwin Mahesh @ashwinmahesh - @karancspeaks why not? As I said, I recognise the 'self interest' arguments here. We need to navigate both econ and politics.
As Reply to
Karan @karancspeaks - @ashwinmahesh Help in the form of low int. loans fr Indian producers since those investing will avail those in their countries #loksattalive
Ashwin Mahesh @ashwinmahesh - @karancspeaks #loksattalive what do you mean by 'level' field for producers?
Karan @karancspeaks - @ashwinmahesh Consumers can be benefited by organised retail. Producers by level playing field. Bring in these first I say #loksattalive
Ashwin Mahesh @ashwinmahesh - @karancspeaks #loksattalive imp to have a debate between 'producers' and 'consumers' benefiting from diff policies.
Karan @karancspeaks - What about the manufacturing sectors?? Cheap prods will be bought into this country. Will state help us?who is responsible? #loksattalive
Ashwin Mahesh @ashwinmahesh - #loksattalive ... in politics, not always needed to agree, or 'convince' the others. What is absolutely needed, however, is public debate.
Shuvankar Mukherjee @shuvankr - @ashwinmahesh Very true!
Ashwin Mahesh @ashwinmahesh - @shuvankr big scam .... see this URL ... http://www.indiatogether.org/2011/dec/eco-fuel.htm …
As Reply to
Shuvankar Mukherjee @shuvankr - @JP_LOKSATTA The very term "Under recovery" is very Utopian; where is under-recovery in the profit & loss of Oil companies? #loksattalive
Jayaprakash Narayan @JP_LOKSATTA - With under recovery of Rs 2,00,000 cr. in oil prices somebody has to pay- consumer or taxpayer. Always better consumer pays. #loksattalive
Dr.Jayaprakash Narayan's Chat On Twitter
Jayaprakash Narayan @JP_LOKSATTA - Join me, @ashwinmahesh & @SurendraLSP 6-7pm today for a chat on FDI and related topics. Use hashtag #loksattalive http://bit.ly/Qdimqr
Jayaprakash Narayan @JP_LOKSATTA - #loksattalive It does not matter if the cat is black or white; it should catch mice. all we need to do is to protect our interests.
Jayaprakash Narayan @JP_LOKSATTA - #loksattalive all procurement must be only from indian sources. then our producers benefit.
Jayaprakash Narayan @JP_LOKSATTA - #loksattalive limiting to select big cities protects small traders. 75% of trade will remain with small traders in a fast going market.
Jayaprakash Narayan @JP_LOKSATTA - #loksattalive Even Indian companies want FDI. If the bring in capital, management & technology, they should be welcome
Jayaprakash Narayan @JP_LOKSATTA - #loksattalive Key challenge is backward integration, quality, grading, transport, storage & processing.
Jayaprakash Narayan @JP_LOKSATTA - #loksattalive Real benefit is in stimulating post harvest technology.
Jayaprakash Narayan @JP_LOKSATTA - #loksattalive It stabilizes prices, creates jobs and adds value and eliminates waste.
Jayaprakash Narayan @JP_LOKSATTA - @ashwinmahesh Fiscal prudence has to be across the board. It cannot be knee jerk reaction.
As Reply to
Ashwin Mahesh @ashwinmahesh - The 'fiscal prudence' argument only makes sense if prudence is generally woven into many other decisions also. Else, just a vacuous claim.
Jayaprakash Narayan @JP_LOKSATTA - #loksattalive But failure to act in one area is no ground for inaction else where.
Jayaprakash Narayan @JP_LOKSATTA - #loksattalive if our credit rating is lowered because of inaction interest burden will go up instantly. we have to act now.
Jayaprakash Narayan @JP_LOKSATTA - @balajiworld @ashwinmahesh Clearly we have to build safegaurds based on past experience to prevent tax evasion.
As Reply to
Balaji @balajiworld - @ashwinmahesh @JP_LOKSATTA less than 100% FDI helps crooked indian bizmen. Essar/Unitech vs Vodafone/Telenor. your thoughts? #loksattalive
Ashwin Mahesh @ashwinmahesh - Join me, JP and Surendra Srivastava this evening from 6-7 for a live debate on twitter, as we look at the recent... http://fb.me/1jctwyuOe
Jayaprakash Narayan @JP_LOKSATTA - #loksattalive FDI also reduces current account deficit. Rupee now is under pressure and trade deficit is 4.4% of GDP.
Jayaprakash Narayan @JP_LOKSATTA - #loksattalive FDI, FII & remittances are vital to bridge gap in short term. FII brings hot money. FDI is safer and brings jobs & growth.
Jayaprakash Narayan @JP_LOKSATTA - @rubenmasc It's d old argument of private vs public sector. Let govt do its job first. In any case, there's no bar on govt investment. #fdi
As Reply to
Prashen Kyawal @prashen - @ashwinmahesh @arav_m saying this since ages
Ashwin Mahesh @ashwinmahesh - @arav_m #loksattalive notice how when they raise prices, they don't adjust tax rates? They can easily keep the tax as a number, not a %age.
Sanjay Jhunjhunwala @PollTics - @JP_LOKSATTA #loksattalive increasing taxes without ensuring that the tax money is spent judiciously is a recipe for disaster.
Jayaprakash Narayan @JP_LOKSATTA - @abdulazeez1984 Our Tax-GDP ratio is still low. We need taxes to run Govt. There can be some tweaking, but not much. #loksattalive #FDI
As Reply to
Abdul Azeez Shaik @abdulazeez1984 - @JP_LOKSATTA What is your view on high ATF prices and high taxes on petrol,diesel? #loksattalive
Jayaprakash Narayan @JP_LOKSATTA - #loksattalive if our credit rating is lowered because of inaction interest burden will go up instantly. we have to act now.
Ashwin Mahesh @ashwinmahesh - @abdulazeez1984 #loksattalive have been advising JnNURM on this. Second version likely to be more sensible than first.
Jayaprakash Narayan @JP_LOKSATTA - @abdulazeez1984 Absolutely. Subsidizing private consumption is no answer. Public transport and conservation are vital. #loksattalive #FDI
Abdul Azeez Shaik @abdulazeez1984 - @JP_LOKSATTA Sir, shouldn't devpmnt of public transport be high priority for state govts to counter high petrol&diesel prices? #loksattalive
Abdul Azeez Shaik @abdulazeez1984 - @JP_LOKSATTA @ashwinmahesh Thanks a lot for the reply #loksattalive
Jayaprakash Narayan @JP_LOKSATTA - @abdulazeez1984 Oil pricing is also abt incentives wid growin shortages & imports we need to promote othr fuels. Taxation hlps #loksattalive
As Reply to
Abdul Azeez Shaik @abdulazeez1984 - @JP_LOKSATTA What is your view on high ATF prices and high taxes on petrol,diesel? #loksattalive
Jayaprakash Narayan @JP_LOKSATTA - #loksattalive if our credit rating is lowered because of inaction interest burden will go up instantly. we have to act now.
Aravind @arav_m - @jvsk3 not true, US has realized long back small businesses r engines of growth & employment, thats reason #loksattalive @JP_LOKSATTA
j venkatesh @jvsk3 - @JP_LOKSATTA President OBAMA call 2 his people not 2 buy from WALMART'S was all over Twitter last Year.Why?
j venkatesh @jvsk3 - @JP_LOKSATTA #loksattalive Funniest aspect is lastyear USA President Obama was telling his Citizens2Purchase from Kiranas ¬ from Walmart?
j venkatesh @jvsk3 - @JP_LOKSATTA Do agree but should know whom R V inviting they R big Giants who R notorious &our present chaos idle for them2turn as Parasites
Amit Choudary @Amitjan - @JP_LOKSATTA @jvsk3 Totally Agree.
Jayaprakash Narayan @JP_LOKSATTA - @jvsk3 This applies to all spheres of economy. We cannot wait for politics to improve before mending economy. #fdi #loksattalive
As Reply to
j venkatesh @jvsk3 - #loksattalive When V have a very faulty system Governing our Country is it right 2 open our Mkts 2 Notorious Retail Giants?
Sanjay Jhunjhunwala @PollTics - @CAPMohan point is well taken, but any index is useful 4 comparison if its widely accepted. Rt now it is GDP.May B in future itll B GreenGDP
Sanjay Jhunjhunwala @PollTics - @CAPMohan #loksattalive if you can suggest a better metrics, then we can use that. or people cud simply stop drinking alcholhol
Sanjay Jhunjhunwala @PollTics - @CAPMohan true, but GDP is a real metrics whereas real welfare can not be accurately measured. #loksattalive
Rajkumar Singh @Rajkumar23Singh - It's our credential rating,which's very much in our hands @JP_LOKSATTA @rubenmasc @sardesairajdeep @hamaracongress @gsurya @ravishndtv @eeta
Sanjay Jhunjhunwala @PollTics - @JP_LOKSATTA but we can't be slaves to credit rating agencies which by all accounts are unfare. #loksattalive
Jayaprakash Narayan @JP_LOKSATTA - @Rajkumar23Singh Credit rating is not in our hands. Usually there are verifiable norms. #loksattalive
As Reply to
Rajkumar Singh @Rajkumar23Singh - If our credential rating is lowered for vested interest, when'll we act? @JP_LOKSATTA @rubenmasc @suchetadalal @vanityparty @vinitadeshmukh
Jayaprakash Narayan @JP_LOKSATTA - #loksattalive if our credit rating is lowered because of inaction interest burden will go up instantly. we have to act now.
Jayaprakash Narayan @JP_LOKSATTA - @GVRDon There r 32 big cities qualifying.States' policy n investors' due diligence will determine investment destination. #fdi #loksattalive
As Reply to
Raghava Rohit @GVRDon - #loksattalive what amount of transparency can be seen by states in selecting the cities for FDI?
Ashwin Mahesh @ashwinmahesh - @indirakoneru #loksattalive in Lok Satta :)
Jayaprakash Narayan @JP_LOKSATTA - @cpings4 Its not one or the other. We must end corruption as well as mend the economy. And both quickly! Time is now! #loksattalive #FDI
Jayaprakash Narayan @JP_LOKSATTA - @cpings4 Congress brand of socialism has led to the crisis. now we hav 2 judge policy on merits, not from where it comes. #loksattalive #FDI
As Reply to
Jayaprakash Narayan @JP_LOKSATTA - #loksattalive FDI, FII & remittances are vital to bridge gap in short term. FII brings hot money. FDI is safer and brings jobs & growth.
Ram Ramdas @ramramdas - @JP_LOKSATTA @geekz #loksattalive yes, especially agri procurement!
Jayaprakash Narayan @JP_LOKSATTA - @geekz @ramramdas Procurement must be from India as pre-condition. We need to bridge gap between producer & consumer in India. #loksattalive
As Reply to
Ram Ramdas @ramramdas - @JP_LOKSATTA #loksattalive infact more investment being made by indian cos overseas than in india over last 5 years!
Ram Ramdas @ramramdas - @pkrtweets @jp_loksatta @rubenmasc @indirakoneru do you really beliv e that indian cos don't? Why fear the clor of the dollar bribes?
Ram Ramdas @ramramdas - @pkrtweets @jp_loksatta @rubenmasc @indirakoneru with proper safeguards, I don't think even walmart is to be feared!
Ram Ramdas @ramramdas - @JP_LOKSATTA @rubenmasc @indirakoneru #fdi #loksattalive if big indian retailers can't, why shd foreiners be able? Why are we so xenophobic?
dhanada mishra @dhanadam - @JP_LOKSATTA @indirakoneru Is it not possible to have State Level Regulatory mechanism to control the impact of FDI in favour of the masses?
Jayaprakash Narayan @JP_LOKSATTA - @indirakoneru It's a good point. There is always that danger. We need to have safeguards n competition. #fdi #loksattalive
As Reply to
Dr. Indira Koneru @indirakoneru - Farmers may be given lucrative prices initially; but eventually they will be at the mercy of big retailers, isn't it? #loksattalive #fdi
Karan @karancspeaks - @JP_LOKSATTA Even though the source of investment doesnt matter, the sourcing of the products do Sir.
Jayaprakash Narayan @JP_LOKSATTA - @karancspeaks True. There is no one solution. Outcomes matter, not the source of investment. #fdi #loksattalive
As Reply to
Karan @karancspeaks - To bring in efficiency in to the un-organised system, FDI is not the only solution. #loksattalive
Ram Ramdas @ramramdas - @JP_LOKSATTA @LoksattaMember @cloudsaaspaas #fdi #loksattalive all inv incl FDI must be promoted.. Backdated law on Income Tax was shameful!
Cloud Boy @cloudsaaspaas - @JP_LOKSATTA The fact is, nowhere in the world big retail has provided backend grain storage facilites. #loksattalive http://www.thehindu.com/opinion/op-ed/article3897906.ece …
Sanjay Jhunjhunwala @PollTics - @JP_LOKSATTA what are your suggestions to promote more FDI in the country? #loksattalive
Jayaprakash Narayan @JP_LOKSATTA - @cloudsaaspaas FDI peaked in 2009 to abt $26 b. Investment climate declined in India. Lot more is needed to promote FDI. #fdi #loksattalive
As Reply to
Cloud Boy @cloudsaaspaas - @JP_LOKSATTA FDI is already allowed in storage and no investment has come in. Why is that? #loksattalive
Jayaprakash Narayan @JP_LOKSATTA - @abdulazeez1984 Absolutely. Subsidizing private consumption is no answer. Public transport and conservation are vital. #loksattalive #FDI
As Reply to
Abdul Azeez Shaik @abdulazeez1984 - @JP_LOKSATTA Sir, shouldn't devpmnt of public transport be high priority for state govts to counter high petrol&diesel prices? #loksattalive
Jayaprakash Narayan @JP_LOKSATTA - @abdulazeez1984 Oil pricing is also abt incentives wid growin shortages & imports we need to promote othr fuels. Taxation hlps #loksattalive
Abdul Azeez Shaik @abdulazeez1984 - @JP_LOKSATTA What is your view on high ATF prices and high taxes on petrol,diesel? #loksattalive
Jayaprakash Narayan @JP_LOKSATTA - #loksattalive if our credit rating is lowered because of inaction interest burden will go up instantly. we have to act now.
Ramanujam @nimmajji - @JP_LOKSATTA Exactly, sir. I feel the fears expressed by the opponents can be managed through wise regulations.
Jayaprakash Narayan @JP_LOKSATTA - @nimmajji Pretty much the same except that big industry opposed opening up in 1991. Those fears proved to be unfounded. #fdi #loksattalive
As Reply to
Ramanujam @nimmajji - How different are the arguments against #FDI in retail compared to those against opening up of the economy in 1991? Am I missing something?
Ashwin Mahesh @ashwinmahesh - @indirakoneru #loksattalive in Lok Satta :)
Jayaprakash Narayan @JP_LOKSATTA - @cpings4 Its not one or the other. We must end corruption as well as mend the economy. And both quickly! Time is now! #loksattalive #FDI
As Reply to
Jayaprakash Narayan @JP_LOKSATTA - @cpings4 Congress brand of socialism has led to the crisis. now we hav 2 judge policy on merits, not from where it comes. #loksattalive #FDI
Jayaprakash Narayan @JP_LOKSATTA - #loksattalive FDI, FII & remittances are vital to bridge gap in short term. FII brings hot money. FDI is safer and brings jobs & growth.
Jayaprakash Narayan @JP_LOKSATTA - @supportloksatta @ashwinmahesh Food grains and horticulture can compete globally with grading and processing. #loksattalive #FDI
As Reply to
Loksatta Supporter @supportloksatta - @JP_LOKSATTA @ashwinmahesh Do you foresee any class of Indian producers' competitiveness increasing globally b/c of FDI retail policy?
Jayaprakash Narayan @JP_LOKSATTA - @magikalyan Retail market is growing very fast. it will nvr exceed 30%. small traders will have 70% of much larger pie. #loksattalive #FDI
As Reply to
Kalyan Pilla @magikalyan - @JP_LOKSATTA #loksattalive #FDI might improve the economy, but would the gain surpass the loss to the daily retail seller?
kirun @kirun_g - @JP_LOKSATTA @ashwinmahesh thanks sir
Jayaprakash Narayan @JP_LOKSATTA - @kirun_g @ashwinmahesh Yes, there will be 2 pieces ready on FDI and Oil Price in next 48hrs. To be published in DNA.
As Reply to
kirun @kirun_g - @ashwinmahesh @JP_LOKSATTA hi sir can you write an article so that ppl like me can understand easily Thanks
Vasudev @vasudevg - @JP_LOKSATTA Sir are you tweeting from 2 twitter accounts? other account @DRJPNARAYAN ? Is it the same person? #loksattalive
Jayaprakash Narayan @JP_LOKSATTA - @magikalyan There is no restriction on consumption, only on subsidy. We can buy as many as we want. But at a higher price. #loksattalive
As Reply to
Kalyan Pilla @magikalyan - @JP_LOKSATTA #loksattalive 6 cylinders a year!! Is this a plan to move to electric cooking??
Jayaprakash Narayan @JP_LOKSATTA - @mlallu Many of our companies have become MNC's. It works both ways. In fact India is doing better than China in foreign acquisitions.
As Reply to
Jayaprakash Narayan @JP_LOKSATTA - #loksattalive Even Indian companies want FDI. If the bring in capital, management & technology, they should be welcome
Jayaprakash Narayan @JP_LOKSATTA - Many of our companies have become MNC's. It works both ways. In fact India is doing better than China in foreign acquisitions. #loksattalive
Jayaprakash Narayan @JP_LOKSATTA - @abdulazeez1984 Subsidies, yes. But not for fuel consumption. Education, healthcare, power and transport are priorities. #loksattalive
As Reply to
Abdul Azeez Shaik @abdulazeez1984 - @JP_LOKSATTA After diesel hike,many people are arguing that why govt cant give subsidies when tax incentives are ter for corp #loksattalive
Jayaprakash Narayan @JP_LOKSATTA - With under recovery of Rs 2,00,000 cr. in oil prices somebody has to pay- consumer or taxpayer. Always better consumer pays. #loksattalive
Jayaprakash Narayan @JP_LOKSATTA - @magikalyan Cylinders can be monitored easily. Impossible to keep track of diesel. But public transport can be subsidized. #loksattalive
As Reply to
Kalyan Pilla @magikalyan - @JP_LOKSATTA #loksattalive 6 cylinders with subsidy is then a very decent idea.y dont v have subsidised fuel 4 a certain amt every month?
Dr. Indira Koneru @indirakoneru - @JP_LOKSATTA Hope farmers will have improved electricity supply... #fdi #loksattalive
Jayaprakash Narayan @JP_LOKSATTA - @indirakoneru Certainly.Higher price to farmers,investment in infrastructure n processing,jobs,higher n better production #fdi #loksattalive
As Reply to
Dr. Indira Koneru @indirakoneru - @JP_LOKSATTA Will it improve quality of life in the rural areas? #LokSattaLive #FDI
Ratnakar Sadasyula @ScorpiusMaximus - @cpings4 @JP_LOKSATTA It is not just East Asia, almost all developed nations be it Aus,EU,US protect their domestic industry.
Ratnakar Sadasyula @ScorpiusMaximus - @cpings4 @JP_LOKSATTA When we speak of East Asia, those nations invested heavily in education, R&D, how much have we?
Ratnakar Sadasyula @ScorpiusMaximus - @cpings4 @JP_LOKSATTA Do you know that couple of years back in S.Korea, they were massive protests against beef import from US?
Ratnakar Sadasyula @ScorpiusMaximus - @cpings4 @JP_LOKSATTA China, Korea, Japan protect their domestic industry, check out the tariff barriers MNC's face there.
Ratnakar Sadasyula @ScorpiusMaximus - @cpings4 @JP_LOKSATTA China built the Infra, invested heavily in education before they started to invite FDI, can we say same.
Jayaprakash Narayan @JP_LOKSATTA - @cpings4 Swadesi is about strengthening the country & not isolating it. China welcomes FDI and is now a mighty power. #loksattalive #FDI
As Reply to
Jayaprakash Narayan @JP_LOKSATTA - Many of our companies have become MNC's. It works both ways. In fact India is doing better than China in foreign acquisitions. #loksattalive
Ramadoss Praveen Raj @praveenraj1961 - @JP_LOKSATTA @jai1900 In which country,in the World do they handover their Natural resources for Free,other than BANANA Republics & Dictator
Jayaprakash Narayan @JP_LOKSATTA - @jai1900 Prices in Europe n elsewhere r often higher than Indian fuel prices. It's also a Q of longterm energy security. #loksattalive
As Reply to
Jayaprakash Narayan @JP_LOKSATTA - With under recovery of Rs 2,00,000 cr. in oil prices somebody has to pay- consumer or taxpayer. Always better consumer pays. #loksattalive
Jayaprakash Narayan @JP_LOKSATTA - @Iamtssudhir Good Q. If there is fair competition, corruption will com down. If v play favorites, cronyism will rise. #loksattalive
As Reply to
T S Sudhir @Iamtssudhir - @JP_LOKSATTA Will more investment (FDI) also mean more corruption & lining of political pockets? Are we looking at more scams in the future?
Jayaprakash Narayan @JP_LOKSATTA - @jai1900 India imports abt 80% oil. We consume 3 mb a day. We need to move towards biofuels n alt energies thru price signal. #loksattalive
Jayaprakash Narayan @JP_LOKSATTA - @Iamtssudhir Nuclear families are already a reality. There are other incentives for joint families - HUF etc! #loksattalive
As Reply to
T S Sudhir @Iamtssudhir - @JP_LOKSATTA By restricting subsidy to 6 cylinders in a year, are we encouraging more nuclear families? Social impact? #loksattalive
FakeJourno @FakeJourno - @supportloksatta Thx. You must get some senior SC lawyers and bureaucrats in the party who can counter the govt. Keep it up ! @JP_LOKSATTA
Loksatta Supporter @supportloksatta - @FakeJourno We are not SC lawyers. We will need services of SC lawyers. @JP_LOKSATTA
Loksatta Supporter @supportloksatta - @FakeJourno Please look at the full text of SC order. Lok Satta is in the petition http://ibnlive.in.com/news/full-text-supreme-court-order-on-2g-scam/226559-53.html … @JP_LOKSATTA
FakeJourno @FakeJourno - @JP_LOKSATTA (1) Was is LokSatta ? Or Dr Swamy and Prashant Bhushan ? (2) What about CoalScam ? Why not approach court for cancellation ?
Jayaprakash Narayan @JP_LOKSATTA - @FakeJourno It is LS that moved Supreme court to cancel 2G licenses. We succeeded in that. Auctions are now being held freshly #loksattalive
As Reply to
FakeJourno @FakeJourno - @JP_LOKSATTA Sir, Why does'nt your party use courts more effectively to check corruption & mis-governance ? #loksattalive
Jayaprakash Narayan @JP_LOKSATTA - @sonaliranade Fair competition works everywhere provided there's level playing field. #loksattalive
As Reply to
SonaliRanade @sonaliranade - Somebody ask #Loksatta live why does competition by foreigners work for manufacturing but not trading? What's so special about retailing?
Jayaprakash Narayan @JP_LOKSATTA - @sonaliranade GDP per-capita went up from $300 to $1700 in 20 years. Fears of reform proved to be misplaced.Competition helps! #loksattalive
As Reply to
SonaliRanade @sonaliranade - Somebody ask #Loksatta live why does competition by foreigners work for manufacturing but not trading? What's so special about retailing?
Jayaprakash Narayan @JP_LOKSATTA - @abdulazeez1984 What we need is economic integration n decentralization of power. Prosperity strengthen states. #loksattalive
Abdul Azeez Shaik @abdulazeez1984 - @JP_LOKSATTA BJP states argue that GST is threat to federal structure and decentralization. Sir,Your views on this please #loksattalive
Anvesh R @anveshr - @JP_LOKSATTA Sir, there are states with NO VAT,it took decades after proposing. What about GST ?, will it ever be implemented?(unfirom tax)
Kuldeep Bhatt @kbhatt2006 - @JP_LOKSATTA Exactly NaMo says all about the infra and tech required to develop GST :)
Jayaprakash Narayan @JP_LOKSATTA - @anveshr Going by the experience of VAT, GST too will succeed. States revenues went up with VAT. GST req. lots of preparation. #loksattalive
As Reply to
Anvesh R @anveshr - @JP_LOKSATTA Sir,I would like to know Loksatta's stand on Goods and service Tax. Sure it is a hit in other countries. Will it be same here?
Jayaprakash Narayan @JP_LOKSATTA - @VamsiAddanki Govt's primary role is public order,justice, Infrastructure,Education n health care. Let govt do its job. #loksattalive #fdi
As Reply to
Jayaprakash Narayan @JP_LOKSATTA - #loksattalive Real benefit is in stimulating post harvest technology.
Jayaprakash Narayan @JP_LOKSATTA - @ScorpiusMaximus @cpings4 Lets us study German experience and build safegaurds in India too. #loksattalive
As Reply to
Ratnakar Sadasyula @ScorpiusMaximus - @cpings4 @JP_LOKSATTA Walmart had to get out of Germany due to the strict laws it had against price dumping there.
Expand
@cpings4 @JP_LOKSATTA It is not just East Asia, almost all developed nations be it Aus,EU,US protect their domestic industry.
Reply Retweet Favorite@ScorpiusMaximus
Jayaprakash Narayan @JP_LOKSATTA - Join me, @ashwinmahesh & @SurendraLSP 6-7pm today for a chat on FDI and related topics. Use hashtag #loksattalive http://bit.ly/Qdimqr
Jayaprakash Narayan @JP_LOKSATTA - #loksattalive It does not matter if the cat is black or white; it should catch mice. all we need to do is to protect our interests.
Jayaprakash Narayan @JP_LOKSATTA - #loksattalive all procurement must be only from indian sources. then our producers benefit.
Jayaprakash Narayan @JP_LOKSATTA - #loksattalive limiting to select big cities protects small traders. 75% of trade will remain with small traders in a fast going market.
Jayaprakash Narayan @JP_LOKSATTA - #loksattalive Even Indian companies want FDI. If the bring in capital, management & technology, they should be welcome
Jayaprakash Narayan @JP_LOKSATTA - #loksattalive Key challenge is backward integration, quality, grading, transport, storage & processing.
Jayaprakash Narayan @JP_LOKSATTA - #loksattalive Real benefit is in stimulating post harvest technology.
Jayaprakash Narayan @JP_LOKSATTA - #loksattalive It stabilizes prices, creates jobs and adds value and eliminates waste.
Jayaprakash Narayan @JP_LOKSATTA - @ashwinmahesh Fiscal prudence has to be across the board. It cannot be knee jerk reaction.
As Reply to
Ashwin Mahesh @ashwinmahesh - The 'fiscal prudence' argument only makes sense if prudence is generally woven into many other decisions also. Else, just a vacuous claim.
Jayaprakash Narayan @JP_LOKSATTA - #loksattalive But failure to act in one area is no ground for inaction else where.
Jayaprakash Narayan @JP_LOKSATTA - #loksattalive if our credit rating is lowered because of inaction interest burden will go up instantly. we have to act now.
Jayaprakash Narayan @JP_LOKSATTA - @balajiworld @ashwinmahesh Clearly we have to build safegaurds based on past experience to prevent tax evasion.
As Reply to
Balaji @balajiworld - @ashwinmahesh @JP_LOKSATTA less than 100% FDI helps crooked indian bizmen. Essar/Unitech vs Vodafone/Telenor. your thoughts? #loksattalive
Ashwin Mahesh @ashwinmahesh - Join me, JP and Surendra Srivastava this evening from 6-7 for a live debate on twitter, as we look at the recent... http://fb.me/1jctwyuOe
Jayaprakash Narayan @JP_LOKSATTA - #loksattalive FDI also reduces current account deficit. Rupee now is under pressure and trade deficit is 4.4% of GDP.
Jayaprakash Narayan @JP_LOKSATTA - #loksattalive FDI, FII & remittances are vital to bridge gap in short term. FII brings hot money. FDI is safer and brings jobs & growth.
Jayaprakash Narayan @JP_LOKSATTA - @rubenmasc It's d old argument of private vs public sector. Let govt do its job first. In any case, there's no bar on govt investment. #fdi
As Reply to
Prashen Kyawal @prashen - @ashwinmahesh @arav_m saying this since ages
Ashwin Mahesh @ashwinmahesh - @arav_m #loksattalive notice how when they raise prices, they don't adjust tax rates? They can easily keep the tax as a number, not a %age.
Sanjay Jhunjhunwala @PollTics - @JP_LOKSATTA #loksattalive increasing taxes without ensuring that the tax money is spent judiciously is a recipe for disaster.
Jayaprakash Narayan @JP_LOKSATTA - @abdulazeez1984 Our Tax-GDP ratio is still low. We need taxes to run Govt. There can be some tweaking, but not much. #loksattalive #FDI
As Reply to
Abdul Azeez Shaik @abdulazeez1984 - @JP_LOKSATTA What is your view on high ATF prices and high taxes on petrol,diesel? #loksattalive
Jayaprakash Narayan @JP_LOKSATTA - #loksattalive if our credit rating is lowered because of inaction interest burden will go up instantly. we have to act now.
Ashwin Mahesh @ashwinmahesh - @abdulazeez1984 #loksattalive have been advising JnNURM on this. Second version likely to be more sensible than first.
Jayaprakash Narayan @JP_LOKSATTA - @abdulazeez1984 Absolutely. Subsidizing private consumption is no answer. Public transport and conservation are vital. #loksattalive #FDI
Abdul Azeez Shaik @abdulazeez1984 - @JP_LOKSATTA Sir, shouldn't devpmnt of public transport be high priority for state govts to counter high petrol&diesel prices? #loksattalive
Abdul Azeez Shaik @abdulazeez1984 - @JP_LOKSATTA @ashwinmahesh Thanks a lot for the reply #loksattalive
Jayaprakash Narayan @JP_LOKSATTA - @abdulazeez1984 Oil pricing is also abt incentives wid growin shortages & imports we need to promote othr fuels. Taxation hlps #loksattalive
As Reply to
Abdul Azeez Shaik @abdulazeez1984 - @JP_LOKSATTA What is your view on high ATF prices and high taxes on petrol,diesel? #loksattalive
Jayaprakash Narayan @JP_LOKSATTA - #loksattalive if our credit rating is lowered because of inaction interest burden will go up instantly. we have to act now.
Aravind @arav_m - @jvsk3 not true, US has realized long back small businesses r engines of growth & employment, thats reason #loksattalive @JP_LOKSATTA
j venkatesh @jvsk3 - @JP_LOKSATTA President OBAMA call 2 his people not 2 buy from WALMART'S was all over Twitter last Year.Why?
j venkatesh @jvsk3 - @JP_LOKSATTA #loksattalive Funniest aspect is lastyear USA President Obama was telling his Citizens2Purchase from Kiranas ¬ from Walmart?
j venkatesh @jvsk3 - @JP_LOKSATTA Do agree but should know whom R V inviting they R big Giants who R notorious &our present chaos idle for them2turn as Parasites
Amit Choudary @Amitjan - @JP_LOKSATTA @jvsk3 Totally Agree.
Jayaprakash Narayan @JP_LOKSATTA - @jvsk3 This applies to all spheres of economy. We cannot wait for politics to improve before mending economy. #fdi #loksattalive
As Reply to
j venkatesh @jvsk3 - #loksattalive When V have a very faulty system Governing our Country is it right 2 open our Mkts 2 Notorious Retail Giants?
Sanjay Jhunjhunwala @PollTics - @CAPMohan point is well taken, but any index is useful 4 comparison if its widely accepted. Rt now it is GDP.May B in future itll B GreenGDP
Sanjay Jhunjhunwala @PollTics - @CAPMohan #loksattalive if you can suggest a better metrics, then we can use that. or people cud simply stop drinking alcholhol
Sanjay Jhunjhunwala @PollTics - @CAPMohan true, but GDP is a real metrics whereas real welfare can not be accurately measured. #loksattalive
Rajkumar Singh @Rajkumar23Singh - It's our credential rating,which's very much in our hands @JP_LOKSATTA @rubenmasc @sardesairajdeep @hamaracongress @gsurya @ravishndtv @eeta
Sanjay Jhunjhunwala @PollTics - @JP_LOKSATTA but we can't be slaves to credit rating agencies which by all accounts are unfare. #loksattalive
Jayaprakash Narayan @JP_LOKSATTA - @Rajkumar23Singh Credit rating is not in our hands. Usually there are verifiable norms. #loksattalive
As Reply to
Rajkumar Singh @Rajkumar23Singh - If our credential rating is lowered for vested interest, when'll we act? @JP_LOKSATTA @rubenmasc @suchetadalal @vanityparty @vinitadeshmukh
Jayaprakash Narayan @JP_LOKSATTA - #loksattalive if our credit rating is lowered because of inaction interest burden will go up instantly. we have to act now.
Jayaprakash Narayan @JP_LOKSATTA - @GVRDon There r 32 big cities qualifying.States' policy n investors' due diligence will determine investment destination. #fdi #loksattalive
As Reply to
Raghava Rohit @GVRDon - #loksattalive what amount of transparency can be seen by states in selecting the cities for FDI?
Ashwin Mahesh @ashwinmahesh - @indirakoneru #loksattalive in Lok Satta :)
Jayaprakash Narayan @JP_LOKSATTA - @cpings4 Its not one or the other. We must end corruption as well as mend the economy. And both quickly! Time is now! #loksattalive #FDI
Jayaprakash Narayan @JP_LOKSATTA - @cpings4 Congress brand of socialism has led to the crisis. now we hav 2 judge policy on merits, not from where it comes. #loksattalive #FDI
As Reply to
Jayaprakash Narayan @JP_LOKSATTA - #loksattalive FDI, FII & remittances are vital to bridge gap in short term. FII brings hot money. FDI is safer and brings jobs & growth.
Ram Ramdas @ramramdas - @JP_LOKSATTA @geekz #loksattalive yes, especially agri procurement!
Jayaprakash Narayan @JP_LOKSATTA - @geekz @ramramdas Procurement must be from India as pre-condition. We need to bridge gap between producer & consumer in India. #loksattalive
As Reply to
Ram Ramdas @ramramdas - @JP_LOKSATTA #loksattalive infact more investment being made by indian cos overseas than in india over last 5 years!
Ram Ramdas @ramramdas - @pkrtweets @jp_loksatta @rubenmasc @indirakoneru do you really beliv e that indian cos don't? Why fear the clor of the dollar bribes?
Ram Ramdas @ramramdas - @pkrtweets @jp_loksatta @rubenmasc @indirakoneru with proper safeguards, I don't think even walmart is to be feared!
Ram Ramdas @ramramdas - @JP_LOKSATTA @rubenmasc @indirakoneru #fdi #loksattalive if big indian retailers can't, why shd foreiners be able? Why are we so xenophobic?
dhanada mishra @dhanadam - @JP_LOKSATTA @indirakoneru Is it not possible to have State Level Regulatory mechanism to control the impact of FDI in favour of the masses?
Jayaprakash Narayan @JP_LOKSATTA - @indirakoneru It's a good point. There is always that danger. We need to have safeguards n competition. #fdi #loksattalive
As Reply to
Dr. Indira Koneru @indirakoneru - Farmers may be given lucrative prices initially; but eventually they will be at the mercy of big retailers, isn't it? #loksattalive #fdi
Karan @karancspeaks - @JP_LOKSATTA Even though the source of investment doesnt matter, the sourcing of the products do Sir.
Jayaprakash Narayan @JP_LOKSATTA - @karancspeaks True. There is no one solution. Outcomes matter, not the source of investment. #fdi #loksattalive
As Reply to
Karan @karancspeaks - To bring in efficiency in to the un-organised system, FDI is not the only solution. #loksattalive
Ram Ramdas @ramramdas - @JP_LOKSATTA @LoksattaMember @cloudsaaspaas #fdi #loksattalive all inv incl FDI must be promoted.. Backdated law on Income Tax was shameful!
Cloud Boy @cloudsaaspaas - @JP_LOKSATTA The fact is, nowhere in the world big retail has provided backend grain storage facilites. #loksattalive http://www.thehindu.com/opinion/op-ed/article3897906.ece …
Sanjay Jhunjhunwala @PollTics - @JP_LOKSATTA what are your suggestions to promote more FDI in the country? #loksattalive
Jayaprakash Narayan @JP_LOKSATTA - @cloudsaaspaas FDI peaked in 2009 to abt $26 b. Investment climate declined in India. Lot more is needed to promote FDI. #fdi #loksattalive
As Reply to
Cloud Boy @cloudsaaspaas - @JP_LOKSATTA FDI is already allowed in storage and no investment has come in. Why is that? #loksattalive
Jayaprakash Narayan @JP_LOKSATTA - @abdulazeez1984 Absolutely. Subsidizing private consumption is no answer. Public transport and conservation are vital. #loksattalive #FDI
As Reply to
Abdul Azeez Shaik @abdulazeez1984 - @JP_LOKSATTA Sir, shouldn't devpmnt of public transport be high priority for state govts to counter high petrol&diesel prices? #loksattalive
Jayaprakash Narayan @JP_LOKSATTA - @abdulazeez1984 Oil pricing is also abt incentives wid growin shortages & imports we need to promote othr fuels. Taxation hlps #loksattalive
Abdul Azeez Shaik @abdulazeez1984 - @JP_LOKSATTA What is your view on high ATF prices and high taxes on petrol,diesel? #loksattalive
Jayaprakash Narayan @JP_LOKSATTA - #loksattalive if our credit rating is lowered because of inaction interest burden will go up instantly. we have to act now.
Ramanujam @nimmajji - @JP_LOKSATTA Exactly, sir. I feel the fears expressed by the opponents can be managed through wise regulations.
Jayaprakash Narayan @JP_LOKSATTA - @nimmajji Pretty much the same except that big industry opposed opening up in 1991. Those fears proved to be unfounded. #fdi #loksattalive
As Reply to
Ramanujam @nimmajji - How different are the arguments against #FDI in retail compared to those against opening up of the economy in 1991? Am I missing something?
Ashwin Mahesh @ashwinmahesh - @indirakoneru #loksattalive in Lok Satta :)
Jayaprakash Narayan @JP_LOKSATTA - @cpings4 Its not one or the other. We must end corruption as well as mend the economy. And both quickly! Time is now! #loksattalive #FDI
As Reply to
Jayaprakash Narayan @JP_LOKSATTA - @cpings4 Congress brand of socialism has led to the crisis. now we hav 2 judge policy on merits, not from where it comes. #loksattalive #FDI
Jayaprakash Narayan @JP_LOKSATTA - #loksattalive FDI, FII & remittances are vital to bridge gap in short term. FII brings hot money. FDI is safer and brings jobs & growth.
Jayaprakash Narayan @JP_LOKSATTA - @supportloksatta @ashwinmahesh Food grains and horticulture can compete globally with grading and processing. #loksattalive #FDI
As Reply to
Loksatta Supporter @supportloksatta - @JP_LOKSATTA @ashwinmahesh Do you foresee any class of Indian producers' competitiveness increasing globally b/c of FDI retail policy?
Jayaprakash Narayan @JP_LOKSATTA - @magikalyan Retail market is growing very fast. it will nvr exceed 30%. small traders will have 70% of much larger pie. #loksattalive #FDI
As Reply to
Kalyan Pilla @magikalyan - @JP_LOKSATTA #loksattalive #FDI might improve the economy, but would the gain surpass the loss to the daily retail seller?
kirun @kirun_g - @JP_LOKSATTA @ashwinmahesh thanks sir
Jayaprakash Narayan @JP_LOKSATTA - @kirun_g @ashwinmahesh Yes, there will be 2 pieces ready on FDI and Oil Price in next 48hrs. To be published in DNA.
As Reply to
kirun @kirun_g - @ashwinmahesh @JP_LOKSATTA hi sir can you write an article so that ppl like me can understand easily Thanks
Vasudev @vasudevg - @JP_LOKSATTA Sir are you tweeting from 2 twitter accounts? other account @DRJPNARAYAN ? Is it the same person? #loksattalive
Jayaprakash Narayan @JP_LOKSATTA - @magikalyan There is no restriction on consumption, only on subsidy. We can buy as many as we want. But at a higher price. #loksattalive
As Reply to
Kalyan Pilla @magikalyan - @JP_LOKSATTA #loksattalive 6 cylinders a year!! Is this a plan to move to electric cooking??
Jayaprakash Narayan @JP_LOKSATTA - @mlallu Many of our companies have become MNC's. It works both ways. In fact India is doing better than China in foreign acquisitions.
As Reply to
Jayaprakash Narayan @JP_LOKSATTA - #loksattalive Even Indian companies want FDI. If the bring in capital, management & technology, they should be welcome
Jayaprakash Narayan @JP_LOKSATTA - Many of our companies have become MNC's. It works both ways. In fact India is doing better than China in foreign acquisitions. #loksattalive
Jayaprakash Narayan @JP_LOKSATTA - @abdulazeez1984 Subsidies, yes. But not for fuel consumption. Education, healthcare, power and transport are priorities. #loksattalive
As Reply to
Abdul Azeez Shaik @abdulazeez1984 - @JP_LOKSATTA After diesel hike,many people are arguing that why govt cant give subsidies when tax incentives are ter for corp #loksattalive
Jayaprakash Narayan @JP_LOKSATTA - With under recovery of Rs 2,00,000 cr. in oil prices somebody has to pay- consumer or taxpayer. Always better consumer pays. #loksattalive
Jayaprakash Narayan @JP_LOKSATTA - @magikalyan Cylinders can be monitored easily. Impossible to keep track of diesel. But public transport can be subsidized. #loksattalive
As Reply to
Kalyan Pilla @magikalyan - @JP_LOKSATTA #loksattalive 6 cylinders with subsidy is then a very decent idea.y dont v have subsidised fuel 4 a certain amt every month?
Dr. Indira Koneru @indirakoneru - @JP_LOKSATTA Hope farmers will have improved electricity supply... #fdi #loksattalive
Jayaprakash Narayan @JP_LOKSATTA - @indirakoneru Certainly.Higher price to farmers,investment in infrastructure n processing,jobs,higher n better production #fdi #loksattalive
As Reply to
Dr. Indira Koneru @indirakoneru - @JP_LOKSATTA Will it improve quality of life in the rural areas? #LokSattaLive #FDI
Ratnakar Sadasyula @ScorpiusMaximus - @cpings4 @JP_LOKSATTA It is not just East Asia, almost all developed nations be it Aus,EU,US protect their domestic industry.
Ratnakar Sadasyula @ScorpiusMaximus - @cpings4 @JP_LOKSATTA When we speak of East Asia, those nations invested heavily in education, R&D, how much have we?
Ratnakar Sadasyula @ScorpiusMaximus - @cpings4 @JP_LOKSATTA Do you know that couple of years back in S.Korea, they were massive protests against beef import from US?
Ratnakar Sadasyula @ScorpiusMaximus - @cpings4 @JP_LOKSATTA China, Korea, Japan protect their domestic industry, check out the tariff barriers MNC's face there.
Ratnakar Sadasyula @ScorpiusMaximus - @cpings4 @JP_LOKSATTA China built the Infra, invested heavily in education before they started to invite FDI, can we say same.
Jayaprakash Narayan @JP_LOKSATTA - @cpings4 Swadesi is about strengthening the country & not isolating it. China welcomes FDI and is now a mighty power. #loksattalive #FDI
As Reply to
Jayaprakash Narayan @JP_LOKSATTA - Many of our companies have become MNC's. It works both ways. In fact India is doing better than China in foreign acquisitions. #loksattalive
Ramadoss Praveen Raj @praveenraj1961 - @JP_LOKSATTA @jai1900 In which country,in the World do they handover their Natural resources for Free,other than BANANA Republics & Dictator
Jayaprakash Narayan @JP_LOKSATTA - @jai1900 Prices in Europe n elsewhere r often higher than Indian fuel prices. It's also a Q of longterm energy security. #loksattalive
As Reply to
Jayaprakash Narayan @JP_LOKSATTA - With under recovery of Rs 2,00,000 cr. in oil prices somebody has to pay- consumer or taxpayer. Always better consumer pays. #loksattalive
Jayaprakash Narayan @JP_LOKSATTA - @Iamtssudhir Good Q. If there is fair competition, corruption will com down. If v play favorites, cronyism will rise. #loksattalive
As Reply to
T S Sudhir @Iamtssudhir - @JP_LOKSATTA Will more investment (FDI) also mean more corruption & lining of political pockets? Are we looking at more scams in the future?
Jayaprakash Narayan @JP_LOKSATTA - @jai1900 India imports abt 80% oil. We consume 3 mb a day. We need to move towards biofuels n alt energies thru price signal. #loksattalive
Jayaprakash Narayan @JP_LOKSATTA - @Iamtssudhir Nuclear families are already a reality. There are other incentives for joint families - HUF etc! #loksattalive
As Reply to
T S Sudhir @Iamtssudhir - @JP_LOKSATTA By restricting subsidy to 6 cylinders in a year, are we encouraging more nuclear families? Social impact? #loksattalive
FakeJourno @FakeJourno - @supportloksatta Thx. You must get some senior SC lawyers and bureaucrats in the party who can counter the govt. Keep it up ! @JP_LOKSATTA
Loksatta Supporter @supportloksatta - @FakeJourno We are not SC lawyers. We will need services of SC lawyers. @JP_LOKSATTA
Loksatta Supporter @supportloksatta - @FakeJourno Please look at the full text of SC order. Lok Satta is in the petition http://ibnlive.in.com/news/full-text-supreme-court-order-on-2g-scam/226559-53.html … @JP_LOKSATTA
FakeJourno @FakeJourno - @JP_LOKSATTA (1) Was is LokSatta ? Or Dr Swamy and Prashant Bhushan ? (2) What about CoalScam ? Why not approach court for cancellation ?
Jayaprakash Narayan @JP_LOKSATTA - @FakeJourno It is LS that moved Supreme court to cancel 2G licenses. We succeeded in that. Auctions are now being held freshly #loksattalive
As Reply to
FakeJourno @FakeJourno - @JP_LOKSATTA Sir, Why does'nt your party use courts more effectively to check corruption & mis-governance ? #loksattalive
Jayaprakash Narayan @JP_LOKSATTA - @sonaliranade Fair competition works everywhere provided there's level playing field. #loksattalive
As Reply to
SonaliRanade @sonaliranade - Somebody ask #Loksatta live why does competition by foreigners work for manufacturing but not trading? What's so special about retailing?
Jayaprakash Narayan @JP_LOKSATTA - @sonaliranade GDP per-capita went up from $300 to $1700 in 20 years. Fears of reform proved to be misplaced.Competition helps! #loksattalive
As Reply to
SonaliRanade @sonaliranade - Somebody ask #Loksatta live why does competition by foreigners work for manufacturing but not trading? What's so special about retailing?
Jayaprakash Narayan @JP_LOKSATTA - @abdulazeez1984 What we need is economic integration n decentralization of power. Prosperity strengthen states. #loksattalive
Abdul Azeez Shaik @abdulazeez1984 - @JP_LOKSATTA BJP states argue that GST is threat to federal structure and decentralization. Sir,Your views on this please #loksattalive
Anvesh R @anveshr - @JP_LOKSATTA Sir, there are states with NO VAT,it took decades after proposing. What about GST ?, will it ever be implemented?(unfirom tax)
Kuldeep Bhatt @kbhatt2006 - @JP_LOKSATTA Exactly NaMo says all about the infra and tech required to develop GST :)
Jayaprakash Narayan @JP_LOKSATTA - @anveshr Going by the experience of VAT, GST too will succeed. States revenues went up with VAT. GST req. lots of preparation. #loksattalive
As Reply to
Anvesh R @anveshr - @JP_LOKSATTA Sir,I would like to know Loksatta's stand on Goods and service Tax. Sure it is a hit in other countries. Will it be same here?
Jayaprakash Narayan @JP_LOKSATTA - @VamsiAddanki Govt's primary role is public order,justice, Infrastructure,Education n health care. Let govt do its job. #loksattalive #fdi
As Reply to
Jayaprakash Narayan @JP_LOKSATTA - #loksattalive Real benefit is in stimulating post harvest technology.
Jayaprakash Narayan @JP_LOKSATTA - @ScorpiusMaximus @cpings4 Lets us study German experience and build safegaurds in India too. #loksattalive
As Reply to
Ratnakar Sadasyula @ScorpiusMaximus - @cpings4 @JP_LOKSATTA Walmart had to get out of Germany due to the strict laws it had against price dumping there.
Ratnakar Sadasyula @ScorpiusMaximus - @cpings4 @JP_LOKSATTA It is not just East Asia, almost all developed nations be it Aus,EU,US protect their domestic industry.
Jayaprakash Narayan @JP_LOKSATTA - @cpings4 Swadesi is about strengthening the country & not isolating it. China welcomes FDI and is now a mighty power. #loksattalive #FDI
Jayaprakash Narayan @JP_LOKSATTA - Many of our companies have become MNC's. It works both ways. In fact India is doing better than China in foreign acquisitions. #loksattalive
Jayaprakash Narayan @JP_LOKSATTA - @sonaliranade Indian Industry is smart n our consumer is discerning. Look at the travails of Coca Cola n Pepsi in India! #fdi #loksattalive
As Reply to
SonaliRanade @sonaliranade - We make & drive better cars. We export more. Our car mfgers invest abroad & compete. Who is afraid of competition? #Loksattalive
Jayaprakash Narayan @JP_LOKSATTA - @abdulazeez1984 What we need is economic integration n decentralization of power. Prosperity strengthen states. #loksattalive
As Reply to
Abdul Azeez Shaik @abdulazeez1984 - @JP_LOKSATTA BJP states argue that GST is threat to federal structure and decentralization. Sir,Your views on this please #loksattalive
Jayaprakash Narayan @JP_LOKSATTA - @anveshr Going by the experience of VAT, GST too will succeed. States revenues went up with VAT. GST req. lots of preparation. #loksattalive
Anvesh R @anveshr - @JP_LOKSATTA Sir,I would like to know Loksatta's stand on Goods and service Tax. Sure it is a hit in other countries. Will it be same here?
Jayaprakash Narayan @JP_LOKSATTA - Thank you all for joining the debate. We need a healthy debate not knee-jerk responses. We all want strong India. #loksattalive
Jayaprakash Narayan @JP_LOKSATTA - @sonaliranade Gr8 to follow ur views on twitter. I wish there are more such ppl who combine logic n facts with clarity. Lets be in touch.
Jayaprakash Narayan @JP_LOKSATTA - @cpings4 Swadesi is about strengthening the country & not isolating it. China welcomes FDI and is now a mighty power. #loksattalive #FDI
Jayaprakash Narayan @JP_LOKSATTA - Many of our companies have become MNC's. It works both ways. In fact India is doing better than China in foreign acquisitions. #loksattalive
Jayaprakash Narayan @JP_LOKSATTA - @sonaliranade Indian Industry is smart n our consumer is discerning. Look at the travails of Coca Cola n Pepsi in India! #fdi #loksattalive
As Reply to
SonaliRanade @sonaliranade - We make & drive better cars. We export more. Our car mfgers invest abroad & compete. Who is afraid of competition? #Loksattalive
Jayaprakash Narayan @JP_LOKSATTA - @abdulazeez1984 What we need is economic integration n decentralization of power. Prosperity strengthen states. #loksattalive
As Reply to
Abdul Azeez Shaik @abdulazeez1984 - @JP_LOKSATTA BJP states argue that GST is threat to federal structure and decentralization. Sir,Your views on this please #loksattalive
Jayaprakash Narayan @JP_LOKSATTA - @anveshr Going by the experience of VAT, GST too will succeed. States revenues went up with VAT. GST req. lots of preparation. #loksattalive
Anvesh R @anveshr - @JP_LOKSATTA Sir,I would like to know Loksatta's stand on Goods and service Tax. Sure it is a hit in other countries. Will it be same here?
Jayaprakash Narayan @JP_LOKSATTA - Thank you all for joining the debate. We need a healthy debate not knee-jerk responses. We all want strong India. #loksattalive
Jayaprakash Narayan @JP_LOKSATTA - @sonaliranade Gr8 to follow ur views on twitter. I wish there are more such ppl who combine logic n facts with clarity. Lets be in touch.
Jayaprakash Narayan @JP_LOKSATTA - #loksattalive It does not matter if the cat is black or white; it should catch mice. all we need to do is to protect our interests.
Jayaprakash Narayan @JP_LOKSATTA - #loksattalive all procurement must be only from indian sources. then our producers benefit.
Jayaprakash Narayan @JP_LOKSATTA - #loksattalive limiting to select big cities protects small traders. 75% of trade will remain with small traders in a fast going market.
Jayaprakash Narayan @JP_LOKSATTA - #loksattalive Even Indian companies want FDI. If the bring in capital, management & technology, they should be welcome
Jayaprakash Narayan @JP_LOKSATTA - #loksattalive Key challenge is backward integration, quality, grading, transport, storage & processing.
Jayaprakash Narayan @JP_LOKSATTA - #loksattalive Real benefit is in stimulating post harvest technology.
Jayaprakash Narayan @JP_LOKSATTA - #loksattalive It stabilizes prices, creates jobs and adds value and eliminates waste.
Jayaprakash Narayan @JP_LOKSATTA - @ashwinmahesh Fiscal prudence has to be across the board. It cannot be knee jerk reaction.
As Reply to
Ashwin Mahesh @ashwinmahesh - The 'fiscal prudence' argument only makes sense if prudence is generally woven into many other decisions also. Else, just a vacuous claim.
Jayaprakash Narayan @JP_LOKSATTA - #loksattalive But failure to act in one area is no ground for inaction else where.
Jayaprakash Narayan @JP_LOKSATTA - #loksattalive if our credit rating is lowered because of inaction interest burden will go up instantly. we have to act now.
Jayaprakash Narayan @JP_LOKSATTA - @balajiworld @ashwinmahesh Clearly we have to build safegaurds based on past experience to prevent tax evasion.
As Reply to
Balaji @balajiworld - @ashwinmahesh @JP_LOKSATTA less than 100% FDI helps crooked indian bizmen. Essar/Unitech vs Vodafone/Telenor. your thoughts? #loksattalive
Ashwin Mahesh @ashwinmahesh - Join me, JP and Surendra Srivastava this evening from 6-7 for a live debate on twitter, as we look at the recent... http://fb.me/1jctwyuOe
Jayaprakash Narayan @JP_LOKSATTA - #loksattalive FDI also reduces current account deficit. Rupee now is under pressure and trade deficit is 4.4% of GDP.
Jayaprakash Narayan @JP_LOKSATTA - #loksattalive FDI, FII & remittances are vital to bridge gap in short term. FII brings hot money. FDI is safer and brings jobs & growth.
Jayaprakash Narayan @JP_LOKSATTA - @rubenmasc It's d old argument of private vs public sector. Let govt do its job first. In any case, there's no bar on govt investment. #fdi
As Reply to
Prashen Kyawal @prashen - @ashwinmahesh @arav_m saying this since ages
Ashwin Mahesh @ashwinmahesh - @arav_m #loksattalive notice how when they raise prices, they don't adjust tax rates? They can easily keep the tax as a number, not a %age.
Sanjay Jhunjhunwala @PollTics - @JP_LOKSATTA #loksattalive increasing taxes without ensuring that the tax money is spent judiciously is a recipe for disaster.
Jayaprakash Narayan @JP_LOKSATTA - @abdulazeez1984 Our Tax-GDP ratio is still low. We need taxes to run Govt. There can be some tweaking, but not much. #loksattalive #FDI
As Reply to
Abdul Azeez Shaik @abdulazeez1984 - @JP_LOKSATTA What is your view on high ATF prices and high taxes on petrol,diesel? #loksattalive
Jayaprakash Narayan @JP_LOKSATTA - #loksattalive if our credit rating is lowered because of inaction interest burden will go up instantly. we have to act now.
Ashwin Mahesh @ashwinmahesh - @abdulazeez1984 #loksattalive have been advising JnNURM on this. Second version likely to be more sensible than first.
Jayaprakash Narayan @JP_LOKSATTA - @abdulazeez1984 Absolutely. Subsidizing private consumption is no answer. Public transport and conservation are vital. #loksattalive #FDI
Abdul Azeez Shaik @abdulazeez1984 - @JP_LOKSATTA Sir, shouldn't devpmnt of public transport be high priority for state govts to counter high petrol&diesel prices? #loksattalive
Abdul Azeez Shaik @abdulazeez1984 - @JP_LOKSATTA @ashwinmahesh Thanks a lot for the reply #loksattalive
Jayaprakash Narayan @JP_LOKSATTA - @abdulazeez1984 Oil pricing is also abt incentives wid growin shortages & imports we need to promote othr fuels. Taxation hlps #loksattalive
As Reply to
Abdul Azeez Shaik @abdulazeez1984 - @JP_LOKSATTA What is your view on high ATF prices and high taxes on petrol,diesel? #loksattalive
Jayaprakash Narayan @JP_LOKSATTA - #loksattalive if our credit rating is lowered because of inaction interest burden will go up instantly. we have to act now.
Aravind @arav_m - @jvsk3 not true, US has realized long back small businesses r engines of growth & employment, thats reason #loksattalive @JP_LOKSATTA
j venkatesh @jvsk3 - @JP_LOKSATTA President OBAMA call 2 his people not 2 buy from WALMART'S was all over Twitter last Year.Why?
j venkatesh @jvsk3 - @JP_LOKSATTA #loksattalive Funniest aspect is lastyear USA President Obama was telling his Citizens2Purchase from Kiranas ¬ from Walmart?
j venkatesh @jvsk3 - @JP_LOKSATTA Do agree but should know whom R V inviting they R big Giants who R notorious &our present chaos idle for them2turn as Parasites
Amit Choudary @Amitjan - @JP_LOKSATTA @jvsk3 Totally Agree.
Jayaprakash Narayan @JP_LOKSATTA - @jvsk3 This applies to all spheres of economy. We cannot wait for politics to improve before mending economy. #fdi #loksattalive
As Reply to
j venkatesh @jvsk3 - #loksattalive When V have a very faulty system Governing our Country is it right 2 open our Mkts 2 Notorious Retail Giants?
Sanjay Jhunjhunwala @PollTics - @CAPMohan point is well taken, but any index is useful 4 comparison if its widely accepted. Rt now it is GDP.May B in future itll B GreenGDP
Sanjay Jhunjhunwala @PollTics - @CAPMohan #loksattalive if you can suggest a better metrics, then we can use that. or people cud simply stop drinking alcholhol
Sanjay Jhunjhunwala @PollTics - @CAPMohan true, but GDP is a real metrics whereas real welfare can not be accurately measured. #loksattalive
Rajkumar Singh @Rajkumar23Singh - It's our credential rating,which's very much in our hands @JP_LOKSATTA @rubenmasc @sardesairajdeep @hamaracongress @gsurya @ravishndtv @eeta
Sanjay Jhunjhunwala @PollTics - @JP_LOKSATTA but we can't be slaves to credit rating agencies which by all accounts are unfare. #loksattalive
Jayaprakash Narayan @JP_LOKSATTA - @Rajkumar23Singh Credit rating is not in our hands. Usually there are verifiable norms. #loksattalive
As Reply to
Rajkumar Singh @Rajkumar23Singh - If our credential rating is lowered for vested interest, when'll we act? @JP_LOKSATTA @rubenmasc @suchetadalal @vanityparty @vinitadeshmukh
Jayaprakash Narayan @JP_LOKSATTA - #loksattalive if our credit rating is lowered because of inaction interest burden will go up instantly. we have to act now.
Jayaprakash Narayan @JP_LOKSATTA - @GVRDon There r 32 big cities qualifying.States' policy n investors' due diligence will determine investment destination. #fdi #loksattalive
As Reply to
Raghava Rohit @GVRDon - #loksattalive what amount of transparency can be seen by states in selecting the cities for FDI?
Ashwin Mahesh @ashwinmahesh - @indirakoneru #loksattalive in Lok Satta :)
Jayaprakash Narayan @JP_LOKSATTA - @cpings4 Its not one or the other. We must end corruption as well as mend the economy. And both quickly! Time is now! #loksattalive #FDI
Jayaprakash Narayan @JP_LOKSATTA - @cpings4 Congress brand of socialism has led to the crisis. now we hav 2 judge policy on merits, not from where it comes. #loksattalive #FDI
As Reply to
Jayaprakash Narayan @JP_LOKSATTA - #loksattalive FDI, FII & remittances are vital to bridge gap in short term. FII brings hot money. FDI is safer and brings jobs & growth.
Ram Ramdas @ramramdas - @JP_LOKSATTA @geekz #loksattalive yes, especially agri procurement!
Jayaprakash Narayan @JP_LOKSATTA - @geekz @ramramdas Procurement must be from India as pre-condition. We need to bridge gap between producer & consumer in India. #loksattalive
As Reply to
Ram Ramdas @ramramdas - @JP_LOKSATTA #loksattalive infact more investment being made by indian cos overseas than in india over last 5 years!
Ram Ramdas @ramramdas - @pkrtweets @jp_loksatta @rubenmasc @indirakoneru do you really beliv e that indian cos don't? Why fear the clor of the dollar bribes?
Ram Ramdas @ramramdas - @pkrtweets @jp_loksatta @rubenmasc @indirakoneru with proper safeguards, I don't think even walmart is to be feared!
Ram Ramdas @ramramdas - @JP_LOKSATTA @rubenmasc @indirakoneru #fdi #loksattalive if big indian retailers can't, why shd foreiners be able? Why are we so xenophobic?
dhanada mishra @dhanadam - @JP_LOKSATTA @indirakoneru Is it not possible to have State Level Regulatory mechanism to control the impact of FDI in favour of the masses?
Jayaprakash Narayan @JP_LOKSATTA - @indirakoneru It's a good point. There is always that danger. We need to have safeguards n competition. #fdi #loksattalive
As Reply to
Dr. Indira Koneru @indirakoneru - Farmers may be given lucrative prices initially; but eventually they will be at the mercy of big retailers, isn't it? #loksattalive #fdi
Karan @karancspeaks - @JP_LOKSATTA Even though the source of investment doesnt matter, the sourcing of the products do Sir.
Jayaprakash Narayan @JP_LOKSATTA - @karancspeaks True. There is no one solution. Outcomes matter, not the source of investment. #fdi #loksattalive
As Reply to
Karan @karancspeaks - To bring in efficiency in to the un-organised system, FDI is not the only solution. #loksattalive
Ram Ramdas @ramramdas - @JP_LOKSATTA @LoksattaMember @cloudsaaspaas #fdi #loksattalive all inv incl FDI must be promoted.. Backdated law on Income Tax was shameful!
Cloud Boy @cloudsaaspaas - @JP_LOKSATTA The fact is, nowhere in the world big retail has provided backend grain storage facilites. #loksattalive http://www.thehindu.com/opinion/op-ed/article3897906.ece …
Sanjay Jhunjhunwala @PollTics - @JP_LOKSATTA what are your suggestions to promote more FDI in the country? #loksattalive
Jayaprakash Narayan @JP_LOKSATTA - @cloudsaaspaas FDI peaked in 2009 to abt $26 b. Investment climate declined in India. Lot more is needed to promote FDI. #fdi #loksattalive
As Reply to
Cloud Boy @cloudsaaspaas - @JP_LOKSATTA FDI is already allowed in storage and no investment has come in. Why is that? #loksattalive
Jayaprakash Narayan @JP_LOKSATTA - @abdulazeez1984 Absolutely. Subsidizing private consumption is no answer. Public transport and conservation are vital. #loksattalive #FDI
As Reply to
Abdul Azeez Shaik @abdulazeez1984 - @JP_LOKSATTA Sir, shouldn't devpmnt of public transport be high priority for state govts to counter high petrol&diesel prices? #loksattalive
Jayaprakash Narayan @JP_LOKSATTA - @abdulazeez1984 Oil pricing is also abt incentives wid growin shortages & imports we need to promote othr fuels. Taxation hlps #loksattalive
Abdul Azeez Shaik @abdulazeez1984 - @JP_LOKSATTA What is your view on high ATF prices and high taxes on petrol,diesel? #loksattalive
Jayaprakash Narayan @JP_LOKSATTA - #loksattalive if our credit rating is lowered because of inaction interest burden will go up instantly. we have to act now.
Ramanujam @nimmajji - @JP_LOKSATTA Exactly, sir. I feel the fears expressed by the opponents can be managed through wise regulations.
Jayaprakash Narayan @JP_LOKSATTA - @nimmajji Pretty much the same except that big industry opposed opening up in 1991. Those fears proved to be unfounded. #fdi #loksattalive
As Reply to
Ramanujam @nimmajji - How different are the arguments against #FDI in retail compared to those against opening up of the economy in 1991? Am I missing something?
Ashwin Mahesh @ashwinmahesh - @indirakoneru #loksattalive in Lok Satta :)
Jayaprakash Narayan @JP_LOKSATTA - @cpings4 Its not one or the other. We must end corruption as well as mend the economy. And both quickly! Time is now! #loksattalive #FDI
As Reply to
Jayaprakash Narayan @JP_LOKSATTA - @cpings4 Congress brand of socialism has led to the crisis. now we hav 2 judge policy on merits, not from where it comes. #loksattalive #FDI
Jayaprakash Narayan @JP_LOKSATTA - #loksattalive FDI, FII & remittances are vital to bridge gap in short term. FII brings hot money. FDI is safer and brings jobs & growth.
Jayaprakash Narayan @JP_LOKSATTA - @supportloksatta @ashwinmahesh Food grains and horticulture can compete globally with grading and processing. #loksattalive #FDI
As Reply to
Loksatta Supporter @supportloksatta - @JP_LOKSATTA @ashwinmahesh Do you foresee any class of Indian producers' competitiveness increasing globally b/c of FDI retail policy?
Jayaprakash Narayan @JP_LOKSATTA - @magikalyan Retail market is growing very fast. it will nvr exceed 30%. small traders will have 70% of much larger pie. #loksattalive #FDI
As Reply to
Kalyan Pilla @magikalyan - @JP_LOKSATTA #loksattalive #FDI might improve the economy, but would the gain surpass the loss to the daily retail seller?
kirun @kirun_g - @JP_LOKSATTA @ashwinmahesh thanks sir
Jayaprakash Narayan @JP_LOKSATTA - @kirun_g @ashwinmahesh Yes, there will be 2 pieces ready on FDI and Oil Price in next 48hrs. To be published in DNA.
As Reply to
kirun @kirun_g - @ashwinmahesh @JP_LOKSATTA hi sir can you write an article so that ppl like me can understand easily Thanks
Vasudev @vasudevg - @JP_LOKSATTA Sir are you tweeting from 2 twitter accounts? other account @DRJPNARAYAN ? Is it the same person? #loksattalive
Jayaprakash Narayan @JP_LOKSATTA - @magikalyan There is no restriction on consumption, only on subsidy. We can buy as many as we want. But at a higher price. #loksattalive
As Reply to
Kalyan Pilla @magikalyan - @JP_LOKSATTA #loksattalive 6 cylinders a year!! Is this a plan to move to electric cooking??
Jayaprakash Narayan @JP_LOKSATTA - @mlallu Many of our companies have become MNC's. It works both ways. In fact India is doing better than China in foreign acquisitions.
As Reply to
Jayaprakash Narayan @JP_LOKSATTA - #loksattalive Even Indian companies want FDI. If the bring in capital, management & technology, they should be welcome
Jayaprakash Narayan @JP_LOKSATTA - Many of our companies have become MNC's. It works both ways. In fact India is doing better than China in foreign acquisitions. #loksattalive
Jayaprakash Narayan @JP_LOKSATTA - @abdulazeez1984 Subsidies, yes. But not for fuel consumption. Education, healthcare, power and transport are priorities. #loksattalive
As Reply to
Abdul Azeez Shaik @abdulazeez1984 - @JP_LOKSATTA After diesel hike,many people are arguing that why govt cant give subsidies when tax incentives are ter for corp #loksattalive
Jayaprakash Narayan @JP_LOKSATTA - With under recovery of Rs 2,00,000 cr. in oil prices somebody has to pay- consumer or taxpayer. Always better consumer pays. #loksattalive
Jayaprakash Narayan @JP_LOKSATTA - @magikalyan Cylinders can be monitored easily. Impossible to keep track of diesel. But public transport can be subsidized. #loksattalive
As Reply to
Kalyan Pilla @magikalyan - @JP_LOKSATTA #loksattalive 6 cylinders with subsidy is then a very decent idea.y dont v have subsidised fuel 4 a certain amt every month?
Dr. Indira Koneru @indirakoneru - @JP_LOKSATTA Hope farmers will have improved electricity supply... #fdi #loksattalive
Jayaprakash Narayan @JP_LOKSATTA - @indirakoneru Certainly.Higher price to farmers,investment in infrastructure n processing,jobs,higher n better production #fdi #loksattalive
As Reply to
Dr. Indira Koneru @indirakoneru - @JP_LOKSATTA Will it improve quality of life in the rural areas? #LokSattaLive #FDI
Ratnakar Sadasyula @ScorpiusMaximus - @cpings4 @JP_LOKSATTA It is not just East Asia, almost all developed nations be it Aus,EU,US protect their domestic industry.
Ratnakar Sadasyula @ScorpiusMaximus - @cpings4 @JP_LOKSATTA When we speak of East Asia, those nations invested heavily in education, R&D, how much have we?
Ratnakar Sadasyula @ScorpiusMaximus - @cpings4 @JP_LOKSATTA Do you know that couple of years back in S.Korea, they were massive protests against beef import from US?
Ratnakar Sadasyula @ScorpiusMaximus - @cpings4 @JP_LOKSATTA China, Korea, Japan protect their domestic industry, check out the tariff barriers MNC's face there.
Ratnakar Sadasyula @ScorpiusMaximus - @cpings4 @JP_LOKSATTA China built the Infra, invested heavily in education before they started to invite FDI, can we say same.
Jayaprakash Narayan @JP_LOKSATTA - @cpings4 Swadesi is about strengthening the country & not isolating it. China welcomes FDI and is now a mighty power. #loksattalive #FDI
As Reply to
Jayaprakash Narayan @JP_LOKSATTA - Many of our companies have become MNC's. It works both ways. In fact India is doing better than China in foreign acquisitions. #loksattalive
Ramadoss Praveen Raj @praveenraj1961 - @JP_LOKSATTA @jai1900 In which country,in the World do they handover their Natural resources for Free,other than BANANA Republics & Dictator
Jayaprakash Narayan @JP_LOKSATTA - @jai1900 Prices in Europe n elsewhere r often higher than Indian fuel prices. It's also a Q of longterm energy security. #loksattalive
As Reply to
Jayaprakash Narayan @JP_LOKSATTA - With under recovery of Rs 2,00,000 cr. in oil prices somebody has to pay- consumer or taxpayer. Always better consumer pays. #loksattalive
Jayaprakash Narayan @JP_LOKSATTA - @Iamtssudhir Good Q. If there is fair competition, corruption will com down. If v play favorites, cronyism will rise. #loksattalive
As Reply to
T S Sudhir @Iamtssudhir - @JP_LOKSATTA Will more investment (FDI) also mean more corruption & lining of political pockets? Are we looking at more scams in the future?
Jayaprakash Narayan @JP_LOKSATTA - @jai1900 India imports abt 80% oil. We consume 3 mb a day. We need to move towards biofuels n alt energies thru price signal. #loksattalive
Jayaprakash Narayan @JP_LOKSATTA - @Iamtssudhir Nuclear families are already a reality. There are other incentives for joint families - HUF etc! #loksattalive
As Reply to
T S Sudhir @Iamtssudhir - @JP_LOKSATTA By restricting subsidy to 6 cylinders in a year, are we encouraging more nuclear families? Social impact? #loksattalive
FakeJourno @FakeJourno - @supportloksatta Thx. You must get some senior SC lawyers and bureaucrats in the party who can counter the govt. Keep it up ! @JP_LOKSATTA
Loksatta Supporter @supportloksatta - @FakeJourno We are not SC lawyers. We will need services of SC lawyers. @JP_LOKSATTA
Loksatta Supporter @supportloksatta - @FakeJourno Please look at the full text of SC order. Lok Satta is in the petition http://ibnlive.in.com/news/full-text-supreme-court-order-on-2g-scam/226559-53.html … @JP_LOKSATTA
FakeJourno @FakeJourno - @JP_LOKSATTA (1) Was is LokSatta ? Or Dr Swamy and Prashant Bhushan ? (2) What about CoalScam ? Why not approach court for cancellation ?
Jayaprakash Narayan @JP_LOKSATTA - @FakeJourno It is LS that moved Supreme court to cancel 2G licenses. We succeeded in that. Auctions are now being held freshly #loksattalive
As Reply to
FakeJourno @FakeJourno - @JP_LOKSATTA Sir, Why does'nt your party use courts more effectively to check corruption & mis-governance ? #loksattalive
Jayaprakash Narayan @JP_LOKSATTA - @sonaliranade Fair competition works everywhere provided there's level playing field. #loksattalive
As Reply to
SonaliRanade @sonaliranade - Somebody ask #Loksatta live why does competition by foreigners work for manufacturing but not trading? What's so special about retailing?
Jayaprakash Narayan @JP_LOKSATTA - @sonaliranade GDP per-capita went up from $300 to $1700 in 20 years. Fears of reform proved to be misplaced.Competition helps! #loksattalive
As Reply to
SonaliRanade @sonaliranade - Somebody ask #Loksatta live why does competition by foreigners work for manufacturing but not trading? What's so special about retailing?
Jayaprakash Narayan @JP_LOKSATTA - @abdulazeez1984 What we need is economic integration n decentralization of power. Prosperity strengthen states. #loksattalive
Abdul Azeez Shaik @abdulazeez1984 - @JP_LOKSATTA BJP states argue that GST is threat to federal structure and decentralization. Sir,Your views on this please #loksattalive
Anvesh R @anveshr - @JP_LOKSATTA Sir, there are states with NO VAT,it took decades after proposing. What about GST ?, will it ever be implemented?(unfirom tax)
Kuldeep Bhatt @kbhatt2006 - @JP_LOKSATTA Exactly NaMo says all about the infra and tech required to develop GST :)
Jayaprakash Narayan @JP_LOKSATTA - @anveshr Going by the experience of VAT, GST too will succeed. States revenues went up with VAT. GST req. lots of preparation. #loksattalive
As Reply to
Anvesh R @anveshr - @JP_LOKSATTA Sir,I would like to know Loksatta's stand on Goods and service Tax. Sure it is a hit in other countries. Will it be same here?
Jayaprakash Narayan @JP_LOKSATTA - @VamsiAddanki Govt's primary role is public order,justice, Infrastructure,Education n health care. Let govt do its job. #loksattalive #fdi
As Reply to
Jayaprakash Narayan @JP_LOKSATTA - #loksattalive Real benefit is in stimulating post harvest technology.
Jayaprakash Narayan @JP_LOKSATTA - @ScorpiusMaximus @cpings4 Lets us study German experience and build safegaurds in India too. #loksattalive
As Reply to
Ratnakar Sadasyula @ScorpiusMaximus - @cpings4 @JP_LOKSATTA Walmart had to get out of Germany due to the strict laws it had against price dumping there.
Expand
@cpings4 @JP_LOKSATTA It is not just East Asia, almost all developed nations be it Aus,EU,US protect their domestic industry.
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Jayaprakash Narayan @JP_LOKSATTA - Join me, @ashwinmahesh & @SurendraLSP 6-7pm today for a chat on FDI and related topics. Use hashtag #loksattalive http://bit.ly/Qdimqr
Jayaprakash Narayan @JP_LOKSATTA - #loksattalive It does not matter if the cat is black or white; it should catch mice. all we need to do is to protect our interests.
Jayaprakash Narayan @JP_LOKSATTA - #loksattalive all procurement must be only from indian sources. then our producers benefit.
Jayaprakash Narayan @JP_LOKSATTA - #loksattalive limiting to select big cities protects small traders. 75% of trade will remain with small traders in a fast going market.
Jayaprakash Narayan @JP_LOKSATTA - #loksattalive Even Indian companies want FDI. If the bring in capital, management & technology, they should be welcome
Jayaprakash Narayan @JP_LOKSATTA - #loksattalive Key challenge is backward integration, quality, grading, transport, storage & processing.
Jayaprakash Narayan @JP_LOKSATTA - #loksattalive Real benefit is in stimulating post harvest technology.
Jayaprakash Narayan @JP_LOKSATTA - #loksattalive It stabilizes prices, creates jobs and adds value and eliminates waste.
Jayaprakash Narayan @JP_LOKSATTA - @ashwinmahesh Fiscal prudence has to be across the board. It cannot be knee jerk reaction.
As Reply to
Ashwin Mahesh @ashwinmahesh - The 'fiscal prudence' argument only makes sense if prudence is generally woven into many other decisions also. Else, just a vacuous claim.
Jayaprakash Narayan @JP_LOKSATTA - #loksattalive But failure to act in one area is no ground for inaction else where.
Jayaprakash Narayan @JP_LOKSATTA - #loksattalive if our credit rating is lowered because of inaction interest burden will go up instantly. we have to act now.
Jayaprakash Narayan @JP_LOKSATTA - @balajiworld @ashwinmahesh Clearly we have to build safegaurds based on past experience to prevent tax evasion.
As Reply to
Balaji @balajiworld - @ashwinmahesh @JP_LOKSATTA less than 100% FDI helps crooked indian bizmen. Essar/Unitech vs Vodafone/Telenor. your thoughts? #loksattalive
Ashwin Mahesh @ashwinmahesh - Join me, JP and Surendra Srivastava this evening from 6-7 for a live debate on twitter, as we look at the recent... http://fb.me/1jctwyuOe
Jayaprakash Narayan @JP_LOKSATTA - #loksattalive FDI also reduces current account deficit. Rupee now is under pressure and trade deficit is 4.4% of GDP.
Jayaprakash Narayan @JP_LOKSATTA - #loksattalive FDI, FII & remittances are vital to bridge gap in short term. FII brings hot money. FDI is safer and brings jobs & growth.
Jayaprakash Narayan @JP_LOKSATTA - @rubenmasc It's d old argument of private vs public sector. Let govt do its job first. In any case, there's no bar on govt investment. #fdi
As Reply to
Prashen Kyawal @prashen - @ashwinmahesh @arav_m saying this since ages
Ashwin Mahesh @ashwinmahesh - @arav_m #loksattalive notice how when they raise prices, they don't adjust tax rates? They can easily keep the tax as a number, not a %age.
Sanjay Jhunjhunwala @PollTics - @JP_LOKSATTA #loksattalive increasing taxes without ensuring that the tax money is spent judiciously is a recipe for disaster.
Jayaprakash Narayan @JP_LOKSATTA - @abdulazeez1984 Our Tax-GDP ratio is still low. We need taxes to run Govt. There can be some tweaking, but not much. #loksattalive #FDI
As Reply to
Abdul Azeez Shaik @abdulazeez1984 - @JP_LOKSATTA What is your view on high ATF prices and high taxes on petrol,diesel? #loksattalive
Jayaprakash Narayan @JP_LOKSATTA - #loksattalive if our credit rating is lowered because of inaction interest burden will go up instantly. we have to act now.
Ashwin Mahesh @ashwinmahesh - @abdulazeez1984 #loksattalive have been advising JnNURM on this. Second version likely to be more sensible than first.
Jayaprakash Narayan @JP_LOKSATTA - @abdulazeez1984 Absolutely. Subsidizing private consumption is no answer. Public transport and conservation are vital. #loksattalive #FDI
Abdul Azeez Shaik @abdulazeez1984 - @JP_LOKSATTA Sir, shouldn't devpmnt of public transport be high priority for state govts to counter high petrol&diesel prices? #loksattalive
Abdul Azeez Shaik @abdulazeez1984 - @JP_LOKSATTA @ashwinmahesh Thanks a lot for the reply #loksattalive
Jayaprakash Narayan @JP_LOKSATTA - @abdulazeez1984 Oil pricing is also abt incentives wid growin shortages & imports we need to promote othr fuels. Taxation hlps #loksattalive
As Reply to
Abdul Azeez Shaik @abdulazeez1984 - @JP_LOKSATTA What is your view on high ATF prices and high taxes on petrol,diesel? #loksattalive
Jayaprakash Narayan @JP_LOKSATTA - #loksattalive if our credit rating is lowered because of inaction interest burden will go up instantly. we have to act now.
Aravind @arav_m - @jvsk3 not true, US has realized long back small businesses r engines of growth & employment, thats reason #loksattalive @JP_LOKSATTA
j venkatesh @jvsk3 - @JP_LOKSATTA President OBAMA call 2 his people not 2 buy from WALMART'S was all over Twitter last Year.Why?
j venkatesh @jvsk3 - @JP_LOKSATTA #loksattalive Funniest aspect is lastyear USA President Obama was telling his Citizens2Purchase from Kiranas ¬ from Walmart?
j venkatesh @jvsk3 - @JP_LOKSATTA Do agree but should know whom R V inviting they R big Giants who R notorious &our present chaos idle for them2turn as Parasites
Amit Choudary @Amitjan - @JP_LOKSATTA @jvsk3 Totally Agree.
Jayaprakash Narayan @JP_LOKSATTA - @jvsk3 This applies to all spheres of economy. We cannot wait for politics to improve before mending economy. #fdi #loksattalive
As Reply to
j venkatesh @jvsk3 - #loksattalive When V have a very faulty system Governing our Country is it right 2 open our Mkts 2 Notorious Retail Giants?
Sanjay Jhunjhunwala @PollTics - @CAPMohan point is well taken, but any index is useful 4 comparison if its widely accepted. Rt now it is GDP.May B in future itll B GreenGDP
Sanjay Jhunjhunwala @PollTics - @CAPMohan #loksattalive if you can suggest a better metrics, then we can use that. or people cud simply stop drinking alcholhol
Sanjay Jhunjhunwala @PollTics - @CAPMohan true, but GDP is a real metrics whereas real welfare can not be accurately measured. #loksattalive
Rajkumar Singh @Rajkumar23Singh - It's our credential rating,which's very much in our hands @JP_LOKSATTA @rubenmasc @sardesairajdeep @hamaracongress @gsurya @ravishndtv @eeta
Sanjay Jhunjhunwala @PollTics - @JP_LOKSATTA but we can't be slaves to credit rating agencies which by all accounts are unfare. #loksattalive
Jayaprakash Narayan @JP_LOKSATTA - @Rajkumar23Singh Credit rating is not in our hands. Usually there are verifiable norms. #loksattalive
As Reply to
Rajkumar Singh @Rajkumar23Singh - If our credential rating is lowered for vested interest, when'll we act? @JP_LOKSATTA @rubenmasc @suchetadalal @vanityparty @vinitadeshmukh
Jayaprakash Narayan @JP_LOKSATTA - #loksattalive if our credit rating is lowered because of inaction interest burden will go up instantly. we have to act now.
Jayaprakash Narayan @JP_LOKSATTA - @GVRDon There r 32 big cities qualifying.States' policy n investors' due diligence will determine investment destination. #fdi #loksattalive
As Reply to
Raghava Rohit @GVRDon - #loksattalive what amount of transparency can be seen by states in selecting the cities for FDI?
Ashwin Mahesh @ashwinmahesh - @indirakoneru #loksattalive in Lok Satta :)
Jayaprakash Narayan @JP_LOKSATTA - @cpings4 Its not one or the other. We must end corruption as well as mend the economy. And both quickly! Time is now! #loksattalive #FDI
Jayaprakash Narayan @JP_LOKSATTA - @cpings4 Congress brand of socialism has led to the crisis. now we hav 2 judge policy on merits, not from where it comes. #loksattalive #FDI
As Reply to
Jayaprakash Narayan @JP_LOKSATTA - #loksattalive FDI, FII & remittances are vital to bridge gap in short term. FII brings hot money. FDI is safer and brings jobs & growth.
Ram Ramdas @ramramdas - @JP_LOKSATTA @geekz #loksattalive yes, especially agri procurement!
Jayaprakash Narayan @JP_LOKSATTA - @geekz @ramramdas Procurement must be from India as pre-condition. We need to bridge gap between producer & consumer in India. #loksattalive
As Reply to
Ram Ramdas @ramramdas - @JP_LOKSATTA #loksattalive infact more investment being made by indian cos overseas than in india over last 5 years!
Ram Ramdas @ramramdas - @pkrtweets @jp_loksatta @rubenmasc @indirakoneru do you really beliv e that indian cos don't? Why fear the clor of the dollar bribes?
Ram Ramdas @ramramdas - @pkrtweets @jp_loksatta @rubenmasc @indirakoneru with proper safeguards, I don't think even walmart is to be feared!
Ram Ramdas @ramramdas - @JP_LOKSATTA @rubenmasc @indirakoneru #fdi #loksattalive if big indian retailers can't, why shd foreiners be able? Why are we so xenophobic?
dhanada mishra @dhanadam - @JP_LOKSATTA @indirakoneru Is it not possible to have State Level Regulatory mechanism to control the impact of FDI in favour of the masses?
Jayaprakash Narayan @JP_LOKSATTA - @indirakoneru It's a good point. There is always that danger. We need to have safeguards n competition. #fdi #loksattalive
As Reply to
Dr. Indira Koneru @indirakoneru - Farmers may be given lucrative prices initially; but eventually they will be at the mercy of big retailers, isn't it? #loksattalive #fdi
Karan @karancspeaks - @JP_LOKSATTA Even though the source of investment doesnt matter, the sourcing of the products do Sir.
Jayaprakash Narayan @JP_LOKSATTA - @karancspeaks True. There is no one solution. Outcomes matter, not the source of investment. #fdi #loksattalive
As Reply to
Karan @karancspeaks - To bring in efficiency in to the un-organised system, FDI is not the only solution. #loksattalive
Ram Ramdas @ramramdas - @JP_LOKSATTA @LoksattaMember @cloudsaaspaas #fdi #loksattalive all inv incl FDI must be promoted.. Backdated law on Income Tax was shameful!
Cloud Boy @cloudsaaspaas - @JP_LOKSATTA The fact is, nowhere in the world big retail has provided backend grain storage facilites. #loksattalive http://www.thehindu.com/opinion/op-ed/article3897906.ece …
Sanjay Jhunjhunwala @PollTics - @JP_LOKSATTA what are your suggestions to promote more FDI in the country? #loksattalive
Jayaprakash Narayan @JP_LOKSATTA - @cloudsaaspaas FDI peaked in 2009 to abt $26 b. Investment climate declined in India. Lot more is needed to promote FDI. #fdi #loksattalive
As Reply to
Cloud Boy @cloudsaaspaas - @JP_LOKSATTA FDI is already allowed in storage and no investment has come in. Why is that? #loksattalive
Jayaprakash Narayan @JP_LOKSATTA - @abdulazeez1984 Absolutely. Subsidizing private consumption is no answer. Public transport and conservation are vital. #loksattalive #FDI
As Reply to
Abdul Azeez Shaik @abdulazeez1984 - @JP_LOKSATTA Sir, shouldn't devpmnt of public transport be high priority for state govts to counter high petrol&diesel prices? #loksattalive
Jayaprakash Narayan @JP_LOKSATTA - @abdulazeez1984 Oil pricing is also abt incentives wid growin shortages & imports we need to promote othr fuels. Taxation hlps #loksattalive
Abdul Azeez Shaik @abdulazeez1984 - @JP_LOKSATTA What is your view on high ATF prices and high taxes on petrol,diesel? #loksattalive
Jayaprakash Narayan @JP_LOKSATTA - #loksattalive if our credit rating is lowered because of inaction interest burden will go up instantly. we have to act now.
Ramanujam @nimmajji - @JP_LOKSATTA Exactly, sir. I feel the fears expressed by the opponents can be managed through wise regulations.
Jayaprakash Narayan @JP_LOKSATTA - @nimmajji Pretty much the same except that big industry opposed opening up in 1991. Those fears proved to be unfounded. #fdi #loksattalive
As Reply to
Ramanujam @nimmajji - How different are the arguments against #FDI in retail compared to those against opening up of the economy in 1991? Am I missing something?
Ashwin Mahesh @ashwinmahesh - @indirakoneru #loksattalive in Lok Satta :)
Jayaprakash Narayan @JP_LOKSATTA - @cpings4 Its not one or the other. We must end corruption as well as mend the economy. And both quickly! Time is now! #loksattalive #FDI
As Reply to
Jayaprakash Narayan @JP_LOKSATTA - @cpings4 Congress brand of socialism has led to the crisis. now we hav 2 judge policy on merits, not from where it comes. #loksattalive #FDI
Jayaprakash Narayan @JP_LOKSATTA - #loksattalive FDI, FII & remittances are vital to bridge gap in short term. FII brings hot money. FDI is safer and brings jobs & growth.
Jayaprakash Narayan @JP_LOKSATTA - @supportloksatta @ashwinmahesh Food grains and horticulture can compete globally with grading and processing. #loksattalive #FDI
As Reply to
Loksatta Supporter @supportloksatta - @JP_LOKSATTA @ashwinmahesh Do you foresee any class of Indian producers' competitiveness increasing globally b/c of FDI retail policy?
Jayaprakash Narayan @JP_LOKSATTA - @magikalyan Retail market is growing very fast. it will nvr exceed 30%. small traders will have 70% of much larger pie. #loksattalive #FDI
As Reply to
Kalyan Pilla @magikalyan - @JP_LOKSATTA #loksattalive #FDI might improve the economy, but would the gain surpass the loss to the daily retail seller?
kirun @kirun_g - @JP_LOKSATTA @ashwinmahesh thanks sir
Jayaprakash Narayan @JP_LOKSATTA - @kirun_g @ashwinmahesh Yes, there will be 2 pieces ready on FDI and Oil Price in next 48hrs. To be published in DNA.
As Reply to
kirun @kirun_g - @ashwinmahesh @JP_LOKSATTA hi sir can you write an article so that ppl like me can understand easily Thanks
Vasudev @vasudevg - @JP_LOKSATTA Sir are you tweeting from 2 twitter accounts? other account @DRJPNARAYAN ? Is it the same person? #loksattalive
Jayaprakash Narayan @JP_LOKSATTA - @magikalyan There is no restriction on consumption, only on subsidy. We can buy as many as we want. But at a higher price. #loksattalive
As Reply to
Kalyan Pilla @magikalyan - @JP_LOKSATTA #loksattalive 6 cylinders a year!! Is this a plan to move to electric cooking??
Jayaprakash Narayan @JP_LOKSATTA - @mlallu Many of our companies have become MNC's. It works both ways. In fact India is doing better than China in foreign acquisitions.
As Reply to
Jayaprakash Narayan @JP_LOKSATTA - #loksattalive Even Indian companies want FDI. If the bring in capital, management & technology, they should be welcome
Jayaprakash Narayan @JP_LOKSATTA - Many of our companies have become MNC's. It works both ways. In fact India is doing better than China in foreign acquisitions. #loksattalive
Jayaprakash Narayan @JP_LOKSATTA - @abdulazeez1984 Subsidies, yes. But not for fuel consumption. Education, healthcare, power and transport are priorities. #loksattalive
As Reply to
Abdul Azeez Shaik @abdulazeez1984 - @JP_LOKSATTA After diesel hike,many people are arguing that why govt cant give subsidies when tax incentives are ter for corp #loksattalive
Jayaprakash Narayan @JP_LOKSATTA - With under recovery of Rs 2,00,000 cr. in oil prices somebody has to pay- consumer or taxpayer. Always better consumer pays. #loksattalive
Jayaprakash Narayan @JP_LOKSATTA - @magikalyan Cylinders can be monitored easily. Impossible to keep track of diesel. But public transport can be subsidized. #loksattalive
As Reply to
Kalyan Pilla @magikalyan - @JP_LOKSATTA #loksattalive 6 cylinders with subsidy is then a very decent idea.y dont v have subsidised fuel 4 a certain amt every month?
Dr. Indira Koneru @indirakoneru - @JP_LOKSATTA Hope farmers will have improved electricity supply... #fdi #loksattalive
Jayaprakash Narayan @JP_LOKSATTA - @indirakoneru Certainly.Higher price to farmers,investment in infrastructure n processing,jobs,higher n better production #fdi #loksattalive
As Reply to
Dr. Indira Koneru @indirakoneru - @JP_LOKSATTA Will it improve quality of life in the rural areas? #LokSattaLive #FDI
Ratnakar Sadasyula @ScorpiusMaximus - @cpings4 @JP_LOKSATTA It is not just East Asia, almost all developed nations be it Aus,EU,US protect their domestic industry.
Ratnakar Sadasyula @ScorpiusMaximus - @cpings4 @JP_LOKSATTA When we speak of East Asia, those nations invested heavily in education, R&D, how much have we?
Ratnakar Sadasyula @ScorpiusMaximus - @cpings4 @JP_LOKSATTA Do you know that couple of years back in S.Korea, they were massive protests against beef import from US?
Ratnakar Sadasyula @ScorpiusMaximus - @cpings4 @JP_LOKSATTA China, Korea, Japan protect their domestic industry, check out the tariff barriers MNC's face there.
Ratnakar Sadasyula @ScorpiusMaximus - @cpings4 @JP_LOKSATTA China built the Infra, invested heavily in education before they started to invite FDI, can we say same.
Jayaprakash Narayan @JP_LOKSATTA - @cpings4 Swadesi is about strengthening the country & not isolating it. China welcomes FDI and is now a mighty power. #loksattalive #FDI
As Reply to
Jayaprakash Narayan @JP_LOKSATTA - Many of our companies have become MNC's. It works both ways. In fact India is doing better than China in foreign acquisitions. #loksattalive
Ramadoss Praveen Raj @praveenraj1961 - @JP_LOKSATTA @jai1900 In which country,in the World do they handover their Natural resources for Free,other than BANANA Republics & Dictator
Jayaprakash Narayan @JP_LOKSATTA - @jai1900 Prices in Europe n elsewhere r often higher than Indian fuel prices. It's also a Q of longterm energy security. #loksattalive
As Reply to
Jayaprakash Narayan @JP_LOKSATTA - With under recovery of Rs 2,00,000 cr. in oil prices somebody has to pay- consumer or taxpayer. Always better consumer pays. #loksattalive
Jayaprakash Narayan @JP_LOKSATTA - @Iamtssudhir Good Q. If there is fair competition, corruption will com down. If v play favorites, cronyism will rise. #loksattalive
As Reply to
T S Sudhir @Iamtssudhir - @JP_LOKSATTA Will more investment (FDI) also mean more corruption & lining of political pockets? Are we looking at more scams in the future?
Jayaprakash Narayan @JP_LOKSATTA - @jai1900 India imports abt 80% oil. We consume 3 mb a day. We need to move towards biofuels n alt energies thru price signal. #loksattalive
Jayaprakash Narayan @JP_LOKSATTA - @Iamtssudhir Nuclear families are already a reality. There are other incentives for joint families - HUF etc! #loksattalive
As Reply to
T S Sudhir @Iamtssudhir - @JP_LOKSATTA By restricting subsidy to 6 cylinders in a year, are we encouraging more nuclear families? Social impact? #loksattalive
FakeJourno @FakeJourno - @supportloksatta Thx. You must get some senior SC lawyers and bureaucrats in the party who can counter the govt. Keep it up ! @JP_LOKSATTA
Loksatta Supporter @supportloksatta - @FakeJourno We are not SC lawyers. We will need services of SC lawyers. @JP_LOKSATTA
Loksatta Supporter @supportloksatta - @FakeJourno Please look at the full text of SC order. Lok Satta is in the petition http://ibnlive.in.com/news/full-text-supreme-court-order-on-2g-scam/226559-53.html … @JP_LOKSATTA
FakeJourno @FakeJourno - @JP_LOKSATTA (1) Was is LokSatta ? Or Dr Swamy and Prashant Bhushan ? (2) What about CoalScam ? Why not approach court for cancellation ?
Jayaprakash Narayan @JP_LOKSATTA - @FakeJourno It is LS that moved Supreme court to cancel 2G licenses. We succeeded in that. Auctions are now being held freshly #loksattalive
As Reply to
FakeJourno @FakeJourno - @JP_LOKSATTA Sir, Why does'nt your party use courts more effectively to check corruption & mis-governance ? #loksattalive
Jayaprakash Narayan @JP_LOKSATTA - @sonaliranade Fair competition works everywhere provided there's level playing field. #loksattalive
As Reply to
SonaliRanade @sonaliranade - Somebody ask #Loksatta live why does competition by foreigners work for manufacturing but not trading? What's so special about retailing?
Jayaprakash Narayan @JP_LOKSATTA - @sonaliranade GDP per-capita went up from $300 to $1700 in 20 years. Fears of reform proved to be misplaced.Competition helps! #loksattalive
As Reply to
SonaliRanade @sonaliranade - Somebody ask #Loksatta live why does competition by foreigners work for manufacturing but not trading? What's so special about retailing?
Jayaprakash Narayan @JP_LOKSATTA - @abdulazeez1984 What we need is economic integration n decentralization of power. Prosperity strengthen states. #loksattalive
Abdul Azeez Shaik @abdulazeez1984 - @JP_LOKSATTA BJP states argue that GST is threat to federal structure and decentralization. Sir,Your views on this please #loksattalive
Anvesh R @anveshr - @JP_LOKSATTA Sir, there are states with NO VAT,it took decades after proposing. What about GST ?, will it ever be implemented?(unfirom tax)
Kuldeep Bhatt @kbhatt2006 - @JP_LOKSATTA Exactly NaMo says all about the infra and tech required to develop GST :)
Jayaprakash Narayan @JP_LOKSATTA - @anveshr Going by the experience of VAT, GST too will succeed. States revenues went up with VAT. GST req. lots of preparation. #loksattalive
As Reply to
Anvesh R @anveshr - @JP_LOKSATTA Sir,I would like to know Loksatta's stand on Goods and service Tax. Sure it is a hit in other countries. Will it be same here?
Jayaprakash Narayan @JP_LOKSATTA - @VamsiAddanki Govt's primary role is public order,justice, Infrastructure,Education n health care. Let govt do its job. #loksattalive #fdi
As Reply to
Jayaprakash Narayan @JP_LOKSATTA - #loksattalive Real benefit is in stimulating post harvest technology.
Jayaprakash Narayan @JP_LOKSATTA - @ScorpiusMaximus @cpings4 Lets us study German experience and build safegaurds in India too. #loksattalive
As Reply to
Ratnakar Sadasyula @ScorpiusMaximus - @cpings4 @JP_LOKSATTA Walmart had to get out of Germany due to the strict laws it had against price dumping there.
Ratnakar Sadasyula @ScorpiusMaximus - @cpings4 @JP_LOKSATTA It is not just East Asia, almost all developed nations be it Aus,EU,US protect their domestic industry.
Jayaprakash Narayan @JP_LOKSATTA - @cpings4 Swadesi is about strengthening the country & not isolating it. China welcomes FDI and is now a mighty power. #loksattalive #FDI
Jayaprakash Narayan @JP_LOKSATTA - Many of our companies have become MNC's. It works both ways. In fact India is doing better than China in foreign acquisitions. #loksattalive
Jayaprakash Narayan @JP_LOKSATTA - @sonaliranade Indian Industry is smart n our consumer is discerning. Look at the travails of Coca Cola n Pepsi in India! #fdi #loksattalive
As Reply to
SonaliRanade @sonaliranade - We make & drive better cars. We export more. Our car mfgers invest abroad & compete. Who is afraid of competition? #Loksattalive
Jayaprakash Narayan @JP_LOKSATTA - @abdulazeez1984 What we need is economic integration n decentralization of power. Prosperity strengthen states. #loksattalive
As Reply to
Abdul Azeez Shaik @abdulazeez1984 - @JP_LOKSATTA BJP states argue that GST is threat to federal structure and decentralization. Sir,Your views on this please #loksattalive
Jayaprakash Narayan @JP_LOKSATTA - @anveshr Going by the experience of VAT, GST too will succeed. States revenues went up with VAT. GST req. lots of preparation. #loksattalive
Anvesh R @anveshr - @JP_LOKSATTA Sir,I would like to know Loksatta's stand on Goods and service Tax. Sure it is a hit in other countries. Will it be same here?
Jayaprakash Narayan @JP_LOKSATTA - Thank you all for joining the debate. We need a healthy debate not knee-jerk responses. We all want strong India. #loksattalive
Jayaprakash Narayan @JP_LOKSATTA - @sonaliranade Gr8 to follow ur views on twitter. I wish there are more such ppl who combine logic n facts with clarity. Lets be in touch.
Jayaprakash Narayan @JP_LOKSATTA - @cpings4 Swadesi is about strengthening the country & not isolating it. China welcomes FDI and is now a mighty power. #loksattalive #FDI
Jayaprakash Narayan @JP_LOKSATTA - Many of our companies have become MNC's. It works both ways. In fact India is doing better than China in foreign acquisitions. #loksattalive
Jayaprakash Narayan @JP_LOKSATTA - @sonaliranade Indian Industry is smart n our consumer is discerning. Look at the travails of Coca Cola n Pepsi in India! #fdi #loksattalive
As Reply to
SonaliRanade @sonaliranade - We make & drive better cars. We export more. Our car mfgers invest abroad & compete. Who is afraid of competition? #Loksattalive
Jayaprakash Narayan @JP_LOKSATTA - @abdulazeez1984 What we need is economic integration n decentralization of power. Prosperity strengthen states. #loksattalive
As Reply to
Abdul Azeez Shaik @abdulazeez1984 - @JP_LOKSATTA BJP states argue that GST is threat to federal structure and decentralization. Sir,Your views on this please #loksattalive
Jayaprakash Narayan @JP_LOKSATTA - @anveshr Going by the experience of VAT, GST too will succeed. States revenues went up with VAT. GST req. lots of preparation. #loksattalive
Anvesh R @anveshr - @JP_LOKSATTA Sir,I would like to know Loksatta's stand on Goods and service Tax. Sure it is a hit in other countries. Will it be same here?
Jayaprakash Narayan @JP_LOKSATTA - Thank you all for joining the debate. We need a healthy debate not knee-jerk responses. We all want strong India. #loksattalive
Jayaprakash Narayan @JP_LOKSATTA - @sonaliranade Gr8 to follow ur views on twitter. I wish there are more such ppl who combine logic n facts with clarity. Lets be in touch.