The remarkable turn around story of Indian economy has just been started

An observation of rising Indian economy by Dr. S. P. Roy

The remarkable turn around story of Indian economy has just been started. Those are excited for fall of Indian economy, foreign policy, security are now find nothing  exciting. In all areas under the leadership of Modiji now recovering substantially.

1. Unprecedented improvement of forex  reserve of 59,289 in dollars.
2. FDI (foreign direct investment) also alltime high 82 billions in dollars. It’s a record of Indian economy.
3. While Modiji said we’ll be in five trillion economy it’s our vision none imagine.

Now recently Indian economy also rose to 3 trillion dollars economy also first time in the history of Indian economy. During last sixty years from Independence, Indian economy was just above one trillion but during last 8 years so improvement. We should never forget the covid pandemic economy was shattered but under NDA it’s the turn around.

Now Indian economy is above Germany and at 8th position in the world. UK with 3.7 trillion dollars economy of 4th position is not far away from 3 trillion dollars economy of India.

Now on the basis one week intensive effort of Foreign Minister Jayshankar Singh in USA it’s a remarkable tie of improvement in foreign policy joint effort of vaccine production of supplying API from USA, security and economy ultimately lead to recovery from overall crysis of covid pandemic economy.

GST collection was one lakh forty thousands crores last month steady improvement from below one lakh crores which is also huge development for economy.

During last seven years under NDA incom tax return file nos rose from three crores to nine crores. Tax of incom tax collection nos of individuals rose from one crores to three crores. While declare of “Note bandi of thousands rupee note for curtailing black money” all blamed for killing of economy but now with the increase of tax base economy is reviving who should be credited?

Government of West Bengal only surviving from GST which previously blame with Congress as Gabbar Singh Tax. No income of West Bengal from industry or FDI.

Those print media as well as electronic media in West Bengal depending on advertisement of West Bengal government not like to highlight the remarkable improvement of economy.

Furthermore during last five years no loan from IMF has been taken but repaid the loan of earlier one during Congress rule. These signing how India is safe under Modiji.

On the contrary present government of West Bengal loan is above 5 lakh crores with interest of was 50 thousand crores now 63 thousands crores yearly.

No attempts of revenue generation by the West Bengal government but spending enormously for instant popular image and blaming others.

If Rs 500/1000 is delivered monthly to five crore women as election manifesto 30,000 crores yearly would be added sayastha sathi card another 20,000 crores yearly would be further requirements. While 9 thousand crores health budget yearly, how any government survives with good governess with deficiency of budget?

In support of discussion I’m attaching today’s news papers cuttings substantiated the datas. It’s easily because recent data on economical front of Indian economy before GDP of whole year which in first quarter of 2020-21 -23% to 1.6% last quarter.

It’s my narrative from recent economical database – Dr S. P. Roy, Kolkata