Brief Summary
The speaker critiques the Indian government's economic policies, particularly regarding GST and revenue management. They argue that the government benefits regardless of policy changes, and question the Prime Minister's understanding of economic matters, contrasting it with Rahul Gandhi's earlier insights. The speaker accuses the government of prior financial mismanagement and implies a forced shift towards policies previously advocated by the opposition.
- Government benefits regardless of policy changes.
- Questions the Prime Minister's understanding of economic matters.
- Accuses the government of prior financial mismanagement.
Introduction
The speaker begins by stating that the media portrays Prime Minister Modi as benefiting from every situation, regardless of the actual outcome. Whether America imposes or reduces tariffs, or India takes or doesn't take oil from Russia, the media narrative consistently favors Modi. The same is said about HB1 visa policies.
GST Criticism
The speaker questions the implementation of the Goods and Services Tax (GST). They reference someone who, in 2017, suggested an 18% GST rate after an 8-year pilot project. The speaker sarcastically asks if the Prime Minister is slow to understand, implying the GST Council is a facade and that Modi makes all the decisions. They claim that on August 15th, there was talk of an 18% and 5% slab, but later the GST Council meeting took place, suggesting Modi is solely responsible for any errors in its implementation.
Accusations of Financial Mismanagement
The speaker accuses the government of looting ₹20 lakh crore before September 22, 2025, and ₹46 lakh crore after crude oil prices decreased, which was then spent on petrol, diesel, and road infrastructure. They further allege another ₹46 lakh crore was looted after 2014, resulting in ₹20 lakh crore in eight years. The speaker claims the government looted approximately ₹1 lakh crore and gave ₹2.5 lakh crore.
Revenue Neutral Rate and Policy Shift
The speaker asserts that the government had to adopt their pitch, not the revenue neutral rate. They offer to explain the revenue neutral rate technically and why it wasn't accepted, leading to the imposition of nine slabs. The speaker points out that the government is now moving towards the two slabs that Rahul Gandhi suggested. They emphasize that it's not about taking credit but about understanding, implying that it took Modi eight years to understand what Rahul Gandhi already knew.
