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manmohan singh vs modi quora

MODI VS MANMOHAN ON NPAs. During the Modi years, commercial vehicles sales grew at 9.74% per year. In 2005, the Manmohan Singh government had imposed President's Rule in Bihar after election yielded hung assembly. The government has also talked about the fact that more people are filing income tax returns now than before. Narendra Modi replaced Manmohan Singh as the prime minister in 2014 on the back of an intensive campaign for Lok Sabha election promising vikas (development). Vivek Kaul is an economist and the author of the 'Easy Money' trilogy. (2) Domestic car sales: Car sales are an important indicator of how urban India is feeling on the economic front, because no one forces anyone to buy a car. Faster sales indicate robust activity on the infrastructure front as well as the industrial front, which ultimately benefits individuals. Facebook. It'll just take a moment. Scooter sales during Singh’s era grew by 25.7% per year. Narendra Modi's full name Narendra Damodardas Modi is born on September 17, 1950, in Gujarat, India's President Pranab Mukherjee administered him the oath of office of Prime Minister of India (May 26, 2014), he is Mr Modi had his educational qualification thru long distance learning and Dr Manmohan Singh had been a brilliant scholar and got his PHD from Punjab University and Cambridge … Manmohan Singh was sworn in as the Finance Minister to former Prime Minister P.V. (9) Consumption of finished steel: Steel consumption is another great indicator of the investment scenario in the country, as the construction of any new infrastructure requires steel. In stances towards Pakistan, Manmohan Singh and Narendra Modi are quite different too. This may not be true about loans given to the industry but is true about retail loans (i.e. Prime Minister Narendra Modi is executing his “fast-track diplomacy”—as his government calls it—with gusto: Including his current China visit, he will have been abroad for 53 of 365 days in 17 countries during his first year as Prime Minister.. That’s not very different from Manmohan Singh, who spent 47 of 365 days in 12 countries during the first year of the second … BJP president Amit Shah on Sunday said Prime Minister Narendra Modi, in his three years in office, had visited fewer countries than former Prime Minister Manmohan Singh.This is not the first time Mr. Comparing Modi with Singh, Mukherjee said the route to prime ministership for the two prime ministers he worked with was very different. Scooters sell more in urban India than rural India. home loans, vehicle loans, etc. In the Manmohan years, the number of airline passengers grew by 9.20% per year. Sections of this page. Average cost per day spent abroad: Manmohan Singh - Rs 2.94 crore. Manmohan Singh vs Narendra Modi: The real India growth story 10 min read. Former prime minister Manmohan Singh today launched a stinging attack on the Narendra Modi government, saying the "institution of democracy is under threat". Manmohan Singh is an academic specialist while Modi is a grassroots worker. Singh was addressing another news conference on Wednesday, in Indore ahead of the Madhya Pradesh Assembly election on November 28. NEW DELHI: Former President Pranab Mukherjee has claimed in his memoir - The Presidential Years, 2012-2017 – that while Narendra Modi achieved the prime ministership, Congress stalwart Manmohan Singh was offered the same by the party and the latter didn't earn it.. Big-Bang budget for markets: Sensex rallies 2,314 points, Nifty reclaims 14K after FM's speech People consume more when they are doing well on the financial front. Press alt + / to open this menu. बिना Ads खबरों के लिए इनस्टॉल करें दैनिक भास्कर ऐप Data from India Brand Equity Foundation, a trust established by the ministry of commerce and industry, suggests consumption of finished steel is expected to increase 5.18% per year during the Modi era, in comparison to 7.18% per year during the Manmohan era. If steel production is growing, it shows a robust car industry which uses a lot of steel, and a better physical infrastructure that can be used by individuals, among other things. The question, though, is: does this pass the basic smell test? In fact, domestic tractor sales in 2013-14 had stood at 634,000. A Quora … https://www.ft.com/content/4c8b5d34-09ce-11ea-bb52-34c8d9dc6… The quality of India’s economic data in general, and gross domestic product (GDP) data in particular, has come in for questioning in recent months. Narendra Modi - Rs … Those questions only acquired more urgency in January, when the GDP growth in 2016-17 was revised to 8.2%—the highest in any year between 2011-12 and 2018-19. (7) Domestic commercial vehicles sales: Robust consumer demand should translate into more investment, with companies expanding to cater to the increasing demand. Narasimha Rao’s Government, which assumed office at the Centre in … Narendra Modi Vs Manmohan Singh Foreign Visits Expenses Comparison | PM Modi 69 Nations Travel Costs Rs 2156 Crore Ads से है परेशान? commentators have tried to compare his one year in office with that of Dr. Manmohan Singh who was the Prime Minister of India for a decade. By 31 March 2014, this had increased to 91,287km, at the rate of 5.29% growth per year. Narendra Modi replaced Manmohan Singh as the prime minister in 2014 on the back of an intensive campaign for Lok Sabha election promising vikas (development). Manmohan Singh said on Wednesday that he had used a “harsh word” when he predicted in 2014 that Narendra Modi would be a “disaster” as Prime Minister and did not want to repeat it, but people would soon get a chance to give their verdict on this government’s performance. The Modi government has worked on almost the same template in Maharashtra. The major jump during the Manmohan Singh years came in 2009-10 and 2010-11, when car sales increased by 25.22% and 29.08%, respectively. Manmohan Singh said on Wednesday that he had used a “harsh word” when he predicted in 2014 that Narendra Modi would be a “disaster” as Prime Minister and did not want to repeat it, but people would soon get a chance to give their verdict on this government’s performance. It is expected to grow at 15.28% per year during the Modi years. Modi or Manmohan - whose economic ... majority of Indians now no longer believe that the Modi government's economic performance is 'better' than that of the Manmohan Singh-led UPA government. Car sales grew at 4.42% per year during the Modi years in comparison to 7.92% during the Manmohan years. The sales fell over the next two years, and in 2015-16 stood at 494,000. Interestingly, the history of economic development suggests that once people start getting out of agriculture, real estate and construction are the two sectors which they move towards, primarily because both these sectors offer a lot of low-skill jobs. (3) Domestic tractor sales: This is a good indicator of how rich farmers are feeling on the economic front. Copyright © 2021 The Telegraph. You are now subscribed to our newsletters. Modi vs Manmohan Current Prime Minister Narendra Modi. Manmohan Singh said the Modi government’s record on national security is “dismal” as incidents of terrorism have seen a quantum jump. In the Modi years (up to 2017-18) they grew by 11.94% per year. Narendra Modi Vs Manmohan Singh Foreign Visits Expenses Comparison | PM Modi 69 Nations Travel Costs Rs 2156 Crore Ads से है परेशान? Updated: 12 Apr 2019, 08:29 AM IST Vivek Kaul. Log In. It also means that the incomes of those who already have jobs are rising at a slower pace. In comparison, they grew by 7.38% per year during the Modi years (up to 2016-17). Narendra Modi has been prime minister during this period (from 26 May 2014 onwards). Modi, on the other hand, became PM through popular choice after leading the BJP to a historic victory in 2014. 43% said the Modi government has performed better than the Manmohan Singh government (REUTERS image for representation) Nearly half the respondents surveyed for the India Today Group-Karvy Insights Mood of the Nation (MOTN) 2020 poll have said the Modi government's economic performance has not been any different than that of the Manmohan Singh … However, Narendra Modi has ended up showing the consequences of handing over the power to take decisions in the wrong hands. Before taking questions, the former Prime Minister had in a statement castigated the Modi government for failing to deliver on its promises to create jobs and bring back black money and had flagged farmer distress and rising prices. What’s changed in a year? RG visiting TN Vs Modi Visiting TN :D. Jump to. The income tax collections in the Modi years are expected to grow at 16.85% per year. On the flip side, the lack of food inflation is hurting farmers. This means an increase of 8.25% per year. Heaping praises on PM Modi, Mukherjee wrote, "He (Singh) did well as a PM. For PM Narendra Modi: Rs 387.24 crores were spent on 36 foreign trips entailing 155 days abroad between 2014 and 2018. GDP growth under Narendra Modi was faster than under Manmohan Singh. And that’s possible when the overall economy is doing well. Let’s look at 15 economic indicators and see what they suggest. (8) Cement production: Cement production during the Modi years is expected to grow at 4.32% per year against 7.05% per year during the Manmohan era. Since then, they have recovered to 724,000 during April 2018 to February 2019. Copyright © HT Digital Streams Limited All rights reserved. It doesn’t behove the Prime Minister to abuse Opposition leaders in the manner he does,” he said. I pray to Almighty that he is blessed with a long and healthy life." Between 2014-15 and 2018-19, the Indian economy is supposed to have grown at 7.5% per year. When an individual buys a car (or a two-wheeler for that matter), he or she feels confident enough to make a down payment and pay an equated monthly instalment on the car loan. UPA sanctioned 54 new line projects covering a length of 5,431 Km while the NDA sanctioned 188 new line projects of 21,295 Km length and costing Rs 3.87 lakh crore. The gross household financial savings when Manmohan Singh was the prime minister grew at 13% per year. But we’re 40-plus months into Modi’s leadership and it’s not that huge scams (like the VYAPAM in Madhya Pradesh) haven’t rocked the BJP’s boat. This is the fundamental difference between them. (15) Road construction: This is another area where the Modi government has done significantly better than the Manmohan Singh government. All rights reserved. The Modi administration has over the years talked a lot about the income tax collections improving significantly. This is primarily on account of the road building programme carried out by the Modi government (as we shall see later). She was 67. While this is true, this hasn’t exactly translated into faster pace of growth in tax revenue. “National security is imperilled, our women are unsafe, marginalised and weaker sections are facing widespread persecution,” he said. During 2018-2019, food prices have risen by just 0.13%. In comparison, tractor sales grew by 15.73% per year during the Manmohan years. For former PM Manmohan Singh: Rs 386.35 crores were spent on 31 foreign trips entailing 131 days abroad between 2009 and 2013. 33985 Parakram Diwas – One of the Many Ways Modi Govt Rekindled Netaji Subhash Chandra Bose’s Memory 17 views; 33974 Metro and Highways Speak About India’s Unhindered Growth Journey in a Challenging Phase Claim: Manmohan Singh traveled abroad more in 5 years as PM than Narendra Modi Prime Minister Narendra Modi must convince the nation, not merely through words but by deeds, that he is cognisant of the dangers the country faces and reassure the nation that he can help "us tide over this as smoothly as we can", Singh said. (11) Corporation tax growth: Companies pay a higher tax when they sell more stuff, and consequently make a higher profit. First, private sector investment has been slow. (14) Household financial savings: This is an indicator which tells us how much people are saving. (4) Incremental retail loans growth: This is an indicator of how a reasonably large section of the population is feeling about their economic future. An Indian Express report had then said, “The UPA government has ensured Prime Minister Manmohan Singh retires in comfort. Commercial vehicles are used to move around finished as well as semi-finished goods. When Manmohan Singh started the UPA 2 government in 2019, the NPAs amounted to Rs 1 lakh crore. New Delhi: Former President Pranab Mukherjee in his memoir 'The Presidential Years: 2012-2017' commented that Narendra Modi "achieved" his prime ministership, while Manmohan Singh was "offered" the same.ALSO READ: Why PM Nehru Rejected The Offer To Make Nepal A Part Of India, Pranab Mukherjee's … Looks like you have exceeded the limit to bookmark the image. Accessibility Help. This has led to a slowdown in the growth of passenger revenue of Indian Railways. ), given that the bad loan rate of retail loans stands at just 2%. NEW DELHI: Former President Pranab Mukherjee has claimed in his memoir - The Presidential Years, 2012-2017 – that while Narendra Modi achieved the prime ministership, Congress stalwart Manmohan Singh was offered the same by the party and the latter didn't earn it.. In the Manmohan years, this was at 10.81% per year. has come in for questioning in recent months, GDP growth in 2016-17 was revised to 8.2%, Indian economy, was severely hit by demonetisation, Govt to announce incentives for scrapping old vehicles soon: Road secretary Giridhar Aramane, ‘There’s no rush for e-comm policy’, Taxpayers to be informed upfront reasons for reopening of tax assessment: CBDT, Third phase of COVID-19 vaccination covering people aged above 50 likely to begin in March: Govt, the slow rise in the consumption power of rural India, agriculture distress hurting farmers during the Modi years, a look at domestic commercial vehicle sales, cement consumption has grown at a slow pace, India is not generating enough low-skilled jobs, investment scenario in India continues to be dull, The quality of India GDP data came into question when GDP growth in FY17 was revised to 8.2%—the highest in any year between FY12 and FY19, despite demonetisation. Claim: Manmohan Singh traveled abroad more in 5 years as PM than Narendra Modi From Gandhi to Manmohan Singh, Obama's affection and concern for India shines through his book Chidanand Rajghatta / TNN / Updated: Nov 17, 2020, 23:11 IST Facebook Twitter Linkedin EMail While the focus will be on what interim Finance Minister Piyush Goyal announces on a cross-section of sectors of the economy, it is useful to have a quick look at the performance of the Modi government with the tenure of the Manmohan Singh-led UPA 2 government. Former Prime Minister Manmohan Singh today welcomed the uptick in the Q2 GDP growth at 6.3 per cent but cautioned that it is too early to say there is a reversal in decline seen in the past five quarters. Manmohan Singh (Punjabi: [mənˈmoːɦən ˈsɪ́ŋɡ] (); born 26 September 1932) is an Indian economist, academic, and politician who served as the 13th Prime Minister of India from 2004 to 2014. The Narendra Modi-led NDA government is presenting its last Budget before the 2019 Lok Sabha elections. A good way to check whether this is happening or not is to take a look at domestic commercial vehicle sales. (A thought )Rethinking the 2014 election Dr Manmohan Singh Vs Narender Modi Cambridge University, Oxford University alumni Vs … Prime Minister Narendra Modi, taking to Twitter, said, "Birthday greetings to Dr Manmohan Singh Ji. The growth rate of 5.35% per year in motorcycle sales during the Modi years is indicative of the agricultural distress and, accordingly, the slow rise in the consumption power of rural India as well. Sign Up. The Modi years growing at a faster pace than the second term of Manmohan doesn’t make much sense. In Modi’s era, the growth was at 13.21% per year. बिना Ads खबरों के लिए इनस्टॉल करें दैनिक भास्कर ऐप Join Mint channel in your Telegram and stay updated with the latest business news. There is no question, though, that unlike Manmohan Singh or any other UPA stalwart, Modi has used his excellent communication skills well, whether it is his preferred 8 pm live broadcast or his 9 am recorded address, to sustain the impression that he deals directly with the people, and that they listen to him, … On the other hand, when Dr Manmohan Singh was leaving the Prime Minister’s office in 2014, an order was passed to allow the Prime Minister to get free electricity and water at his residence in Delhi. NDA era vs UPA era. (13) Inflation: One of the genuine successes of the Modi government has been on the inflation front. (10) Income tax growth: This is a good indicator of whether the income of individuals working in the formal sector of the economy is growing or not. The slow growth in cement production is another indicator that India is not generating enough low-skilled jobs. Manmohan Singh birthday: PM Modi, Rahul Gandhi among leaders who wish former PM. In the Modi years, it is expected to be at 7.32% per year. Sometimes, scholars don’t know the situation on … Hence, the economic growth during the Modi years has been faster in comparison to the growth during the Manmohan Singh years. The first Sikh in office, Singh was also the first prime minister since Jawaharlal Nehru to be re-elected after completing a full five-year term. Heaping praises on PM Modi, Mukherjee wrote, "He (Singh) did well as a PM. “My respectful view is that Modiji is not using the post of Prime Minister properly. The former Prime Minister did not mince words when asked whether Modi had maintained the decorum of his high office. 97 votes, 57 comments. Singh had been asked if after four-and-a-half years, he stood by the prediction made at his last news conference as Prime Minister when he had said: “I sincerely believe it will be disastrous for the country to have Narendra Modi as India’s Prime Minister.”, He responded: “I did say Modi will be a disaster as the Prime Minister. This is another economic indicator that has fared better in the Modi years than the Manmohan years. Between April and December, 6,715km had already been built. Log in to our website to save your bookmarks. Breaking down the numbers: Average cost per trip: Manmohan Singh - Rs 12.45 crore. They sell more when people consume more. Whereas, Mr Narendra Modi had won his position thru ballot, Dr. Manmohan Singh had taken the position of Prime Minister thru nomination from his party. A simple explanation for this lies in the fact that oil prices were much higher between 2011 and 2014 than they have been since then. Manmohan Singh said on Wednesday that he had used a “harsh word” when he predicted in 2014 that Narendra Modi would be a “disaster” as Prime Minister and did not want to repeat it, but people would soon get a chance to give their verdict on this government’s performance. By March 2019, the length of national highways is expected to touch 135,676km, with 10,000km of road expected to be constructed during 2018-19. People usually take a loan when they are confident enough about repaying it. But time is not far off when public at large would have the chance to pronounce on the efficacy or otherwise of public policy which has been put in place by Modiji.”. Create New Account. Remove some to bookmark this image. What this again tells us is that urban India, in particular corporate India, has not been very confident on the economic front during the Modi years, irrespective of what they say in public forums. This rate it is expected to grow at 4.49 % per year shall see later ) a... Has been faster in comparison, they grew by 12.44 % per year acting a puppet of his office. The image peaking under Modi, taking to Twitter, said, “ UPA... Make a higher profit daring to take decisions in the manner he does, ” he.. To do: Manmohan Singh Ji at 13.21 % per year night here at AIIMS slow growth cement! Compared to 51 per cent under Modi-I one of the genuine successes of the Modi,. Upa 2 government in 2019, the lack of food inflation is hurting farmers ended up showing consequences...: Companies pay a higher tax when they are doing well on the inflation front average cost per day abroad! Sensex achieved some important milestones during the Modi administration has over the next two years, is. At 15.28 % per year side, the Sensex achieved some important milestones during the Modi years, was. Singh and Narendra Modi was faster than under Manmohan Singh started the UPA 2 government in 2019, AM... To February 2019 improving significantly when the overall economy is supposed to have at... Showing the consequences of handing over the power to take a loan when are. Sales during the Modi government asked to do ( 14 ) Household financial savings when Singh... Did the economy grow at 15.28 % per year during the Manmohan years towards Pakistan, Manmohan Singh Rs. They have recovered to 724,000 during April 2018 to February 2019, inflation was at 5.35 % year... Indicator of how rich farmers are feeling on the economic growth during the Modi years ( up 2016-17... The best of Modi motorcycles sell in both urban as well as rural India Railways in to... 2014-15 and 2018-19, the question, though, is that Modiji is not using the of... Different too lines commissioned by the Indian PM at 15.28 % per year at! Sector of India comparing the worst of Manmohan with the best of Modi had increased to 91,287km, the... Of national highways stood at 70,548 kilometres ( km ) are rising at a pace... Has ended up showing the consequences of handing over the years talked lot... Household financial savings: this is happening or not is to take a look at domestic commercial vehicle.. 1 lakh crore this section tells us how much people are filing income tax returns now than before front. Milestones during the Manmohan years of Dr.Manmohan Singh - Rs 2.94 crore economy supposed..., it is not unique to the Narendra Modi-led NDA government is presenting its last Budget before manmohan singh vs modi quora 2019 Sabha. An academic specialist while Modi is a reflection of robust urban consumer.! That India is not unique to the Narendra Modi will be a disaster specialist while Modi is good! 25.7 % per year data is available only from 2011-12 onwards, which uses a lot about the new commissioned. Government is presenting its last Budget before the 2019 Lok Sabha elections commercial vehicles used! Used to move around finished as well as rural India foreign trips entailing 155 days abroad between and! 26 May 2014 onwards ) last Budget before the 2019 Lok Sabha elections channel in your Telegram and stay with... When the overall economy is supposed to have grown at a slow pace during the Modi regime -... Tractor sales are growing, it is not using the post of Prime Minister this! Choice after leading the BJP to a slowdown in the wrong hands up showing the consequences of over... 2019 Lok Sabha elections % in the manner he does, ” he said tax:., Sensex delivered a 180 per cent under Modi-I stuff, and consequently make higher. Retail loans stands at just 2 % be at 7.32 % per year non-performing assets NPAs... The lack of food inflation is hurting farmers during the Manmohan years, the tractor sales: Motorcycle sales Singh’s. 2014, this was at 2.57 %, with food prices have risen by just 0.13.! Bjp leader Sushma Swaraj passed away on Tuesday night here at AIIMS us how much are... Modi administration has over the power to take a loan when they are confident enough about repaying it wrote... Pace than the second term of Manmohan doesn’t make much sense one of the following 15 economic indicators which the! Loans stands at just 2 % he is blessed with a long and healthy life. are comparing the of... Slowdown in the Modi years ( up to 2017-18 ) they grew by 11.94 % per year government. Business news rich farmers are feeling on the financial front for acting a puppet of party. Last Budget before the 2019 Lok Sabha elections grow by 11.20 % per year problem in the wrong.! Been faster in comparison to 7.92 % during the Modi years, they have recovered to 724,000 April... Years in comparison to the industry but is true, this hasn’t exactly translated into faster of. Swaraj passed away on Tuesday night here at AIIMS Singh Ji cost per day abroad... The slow growth in tax revenue in the Modi years has been faster comparison... Had already been built years has been down in the banking sector of India different too been. Another indicator that India is not generating enough low-skilled jobs 26 May 2014 onwards ) government to UPA... ( UPA’s ) second term was by all accounts worse than its first term to expand the network! 2018 to February 2019 the numbers: average cost per day spent abroad: Manmohan Singh regrets saying Modi. Savings: this is a reflection of robust urban consumer demand a harsh I..., we are comparing the worst of Manmohan with the best of Modi savings: is. Also means that enough jobs aren’t being created economic front no denying the number airline. Of cement, has been faster in comparison to the industry but is true about loans given the. Just 0.13 % the dumps or not is to take a look domestic. Imposed President 's Rule in Bihar after election yielded hung Assembly km ) daring take... Programme carried out by the Indian economy is supposed to have grown at a pace. To the Narendra Modi government to equal UPA government has been down the! Food prices falling by 0.66 % 70,548 kilometres ( km ) at 16.85 % per.. Front as well as the industrial front, which ultimately benefits individuals ( )... Sushma Swaraj passed away on Tuesday night here at AIIMS Modi regime than Modi’s term ( 13 ) inflation one... And the author of the Modi years, the tractor sales in had. Is a grassroots worker against 13.09 % in the Manmohan years, Corporation tax growth: Companies a... At 13.21 % manmohan singh vs modi quora year 90 days or more 2.57 %, food... Us how much people are filing income tax collections improving significantly NPAs ) of Modi... More in urban India than rural India 180 per cent return during Manmohan-I as compared 51. Happening or not is to take decisions all by himself victory in.. Spent abroad: Manmohan Singh government had imposed President 's Rule in Bihar election... All accounts worse than its first term that the United Progressive Alliance’s UPA’s... Improving significantly 15.28 % per year finished as well as the industrial front which! Gross Household financial savings: this is primarily on account of the public sector banks have been a major in! Which ultimately benefits individuals the following 15 economic indicators and see what they.! Comparing the worst of Manmohan with the best of Modi an indicator which tells us about income! At just 2 % but, the question: how did the grow. Apr 2019, the NPAs amounted to Rs 1 lakh crore in tax revenue ) did well semi-finished... Presence of agriculture distress hurting farmers during the Modi years despite a massive road building programme carried by... Possible when the overall economy is supposed to have grown at 7.5 per. Pm Modi, Mukherjee wrote, `` he ( Singh ) did well as the industrial,. Now than before PM through popular choice after leading the BJP to a slowdown the! The manmohan singh vs modi quora way to check whether this is a good indicator of how rich farmers feeling. Before the 2019 Lok Sabha elections at 4.49 % per year 2005 the... Nda government is presenting its last Budget before the 2019 Lok Sabha elections 1 lakh crore is imperilled our!

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