Achche Din for Broadband Users in India?

[Sushubh]

I prefer instant benefits like 2mbps minimum broadband speed rollout. Rolling out fiber broadband through the country could take as long as a decade.

 

[moindear]

Not just the spectrum money, how about the fuel money, where does it go.

The Govt did not decrease the Petrol and Diesel prices for a very long time even though the global crude oil prices went down.

 

[salaxzar]

I prefer instant benefits like 2mbps minimum broadband speed rollout. Rolling out fiber broadband through the country could take as long as a decade.

I doubt they will keep min 2mbps speed even with fiber. Bandwidth has never been a problem in India, it is the distribution of it which is the real deal breaker. I remember as back as in 2001, I had hotwire broadband and used to get 1mbps back then with no FUP. So bandwidth has always been available.

 

[India_King]

Not just the spectrum money, how about the fuel money, where does it go.

The Govt did not decrease the Petrol and Diesel prices for a very long time even though the global crude oil prices went down.

Global Oil prices have fallen by more than 200% (from $115/Bbl to $45/Bbl). But Govt has cut Oil prices by less than 20% (75Rs/liter to 64Rs/Liter). Not just Oil, overall commodity prices have fallen so Govt subsidy burden on fertilizers & food grain has also come down drastically.

Govt is increasing taxes (state as well as central) on Petrol, Diesel, LPG etc. So fall in oil prices is not benefiting the consumers.

I wonder where does all that tax revenue going?

Rough estimates suggests that BJP is getting 50000 - 1 Lakh Cr benefit from from fall of Global commodity prices. Still the fiscal situation of country is in a mess.

 

[Ras Al Ghul]

Global Oil prices have fallen by more than 200% (from $115/Bbl to $45/Bbl). But Govt has cut Oil prices by less than 20% (75Rs/liter to 64Rs/Liter). Not just Oil, overall commodity prices have fallen so Govt subsidy burden on fertilizers & food grain has also come down drastically.

Govt is increasing taxes (state as well as central) on Petrol, Diesel, LPG etc. So fall in oil prices is not benefiting the consumers.

I wonder where does all that tax revenue going?

Rough estimates suggests that BJP is getting 50000 - 1 Lakh Cr benefit from from fall of Global commodity prices. Still the fiscal situation of country is in a mess.

The govt was paying huge subsidy on those prices of 75rs.Now they are not paying any subsidy.And who said the economy is in a mess?The economy is improving and thats why the growth rate has hit 7.5%.

Where is tax money going?Its going into bringing the fiscal deficit from above 5% to 4.5%.

The subsidy bill has come down a lot so current account deficit is also wiped off.

 

[Ras Al Ghul]

I hope the shitload of money government makes from sale of spectrum sale is at least used to lay down fiber throughout the country so that we can at least hope for better wired connectivity in the future. oh wait.

This!

The money should be used in developing digital infrastructure.

 

[India_King]

The economy is improving and thats why the growth rate has hit 7.5%.

Do you know, nobody believes the new GDP figures? Not even RBI, India's chief economic adviser, IMF, Renowned economists & market gurus.

India GDP growth is one-third statistical illusion

Chief Economic Adviser finds government's growth figures puzzling : Mail Today, News - India Today

Even the RBI’s Rajan is Confused by India’s New GDP Numbers - India Real Time - WSJ

IMF to send a team this week to solve India’s GDP growth puzzle | The Indian Express

India's growth numbers are a total mystery - Feb. 9, 2015

Don't be fooled by India's fastest-growing economy tag | Business Standard News


If you apply new GDP calculation methods to GDP during UPA Govt. Then by that logic, UPA Govt achieved 15% GDP growth.

I think you are far behind news on economic development of India. India's agricultural growth is very bad. Inflation is bad. BJP also changed the calculation methodology for CPI to bring down inflation. But ground reality is different. Manufacturing growth is stagnant. Core sector growth is pretty ordinary. Make in India campaign falls flat.

India's image has taken a hit as Govt is fudging up fake GDP & inflation figures.

O Bhai, BJP is cooking up fake GDP & Inflation figures. Our nation is becoming a laughing stock in front of world.

 

[Ras Al Ghul]

Do you know, nobody believes the new GDP figures? Not even RBI, India's chief economic adviser, IMF, Renowned economists & market gurus.

India GDP growth is one-third statistical illusion

Chief Economic Adviser finds government's growth figures puzzling : Mail Today, News - India Today

Even the RBI’s Rajan is Confused by India’s New GDP Numbers - India Real Time - WSJ

IMF to send a team this week to solve India’s GDP growth puzzle | The Indian Express

India's growth numbers are a total mystery - Feb. 9, 2015

Don't be fooled by India's fastest-growing economy tag | Business Standard News


If you apply new GDP calculation methods to GDP during UPA Govt. Then by that logic, UPA Govt achieved 15% GDP growth.

I think you are far behind news on economic development of India. India's agricultural growth is very bad. Inflation is bad. BJP also changed the calculation methodology for CPI to bring down inflation. But ground reality is different. Manufacturing growth is stagnant. Core sector growth is pretty ordinary. Make in India campaign falls flat.

India's image has taken a hit as Govt is fudging up fake GDP & inflation figures.

O Bhai, BJP is cooking up fake GDP & Inflation figures. Our nation is becoming a laughing stock in front of world.

1.Please take your lies somewhere else.IMF and WB both have said that India is going to overtake China this year as fastest growing economy.

2.Inflation is around 5 to 5.5 thats way better than your UPA 10 to 12.

3.Make in India has been launched barely a year ago and you want it to be effective in less than 12 months talk sense please.

4.Modi has become a darling of world govt and not a joke like MMS or Sonia or her son.

5.Sun Bhai NDA is doing much better than scam tainted Maa Bete ki sarkaar.Atleast we are not seeing a scam everyday.

You can have your own biases which reading your posts on this thread is pretty clear it doesnt change the ground realities.

 

[Neo8]

^^^ @Ras Al Ghul

Hit the nail on the head, Post of the Month in my humble opinion. Very Well Put.

 

[India_King]

Can't convince a Bhakt. So won't comment on silly points you mentioned.

Do you know anything about China? They have world's fastest expanding Infrastructure, largest Bullet Train network, largest Manufacturing industry, Biggest Labor force (skilled and educated).

You think India is overtaking China next year? Keep dreaming.

Sun Bhai NDA is doing much better than scam tainted Maa Bete ki sarkaar.Atleast we are not seeing a scam everyday.

haha...

Didn't you heard of Vyapam Scam, ModiGate, Munde scam. Scams have started to emerge just in 1st year of BJP Govt.

And here is the list of previous NDA scams. You think NDA is a party of clean politics?

-- dead tinypic image removed --

Inflation is around 5 to 5.5 thats way better than your UPA 10 to 12.

Fall in inflation of core commodities have nothing to do with Modi. Global Oil prices are not falling because of Modi. Global commodity prices not falling because of Modi.

Modi doesn't control Global macroeconomic parameters. Please be more sensible.

However many goods have become expensive. Look at price of pulses and vegetables. Prices of Medicines. They are burning holes on pockets of Indian people.