Sabka Saath, Adani Ji Ka Vikas – Where is India heading?

20^th July 2022

 

Sabka Saath, Adani Ji Ka Vikas – Where is India heading? 

 

Dear Fellow Travellers,

 

Namaste! Modi ji is master in creating the slogan when it comes to the election. He had coined the slogan – SABKA SAATH, SABKA VIKAS in the last election. It was talking about the VIKAS of all. 

 

I was checking the data – to my surprise – I found that Adani’s net worth was USD 7.1 Billion in 2014. It is USD 123 billion in 2022 and Mr. Adani is the 5^th richest man in the Forbes list of billionaires today. Ambani’s net worth was USD 18 Billion in 2014 and now it is USD 99 billion. It you look at their VIKAS – Modi Ji is right. But what about SABKA VIKAS?

 

Now check per Capital Income data of India. It was USD 1500 in 2014 and now USD 1950 something. If you add just 7% of the inflation then the income should have been USD 2250 something. Forget about the growth in real income,  normal people have suffered without a doubt in the Modi Ji’s time. 

 

To make things worse – they are levying the GST on the Food items.

 

The Major Game Plan of the Government: - 

 

Ambani’s are going big time in retail and they are facing competition from the local sellers as they are not paying the GST. Now, thanks to GST – Reliance has to give the discount or charge the prices in such a way that the retail buyer buys from Reliance stores. They are tying up with the retailers and these retailers will not be ready to join the Reliance as they don’t have to pay the GST. 

 

So, the government is making it GST applicable to all. So, when you ask from online or from local – you have to pay the GST for sure. 

 

Thanks to COVID – the majority of the populations has suffered heavily economically in the last two years and they are yet to come out fully from the same. Tons of educated graduates are not getting jobs. The grass root levels realities are really bad even in India. Per capital income data is self-evident that we are running in minus compared to 2014!! 

 

At this time the focus should have been generating the jobs, supporting the people with other income generating opportunities and reducing the TAXES. Rather than doing that – they are increasing the TAXES one side. 

 

It is the IRONY of India that a person who understood the economics very well was PM for 10 years but couldn’t establish India in the Global Fraternity and now we have a PM who has established India amongst the Global fraternity but lacks the economic skill sets. 

 

What was our predictions long back?

 

While writing about RAHU in south east post on 3^rd October 2021 – We had said following.

With RAHU in the southeast – there will be a lot of SUPPLY SIDE problems. We will see INFLATION taking a toll on the economy. The people will suffer for sure. 

The government will resort to unplanned expenditures to support the poor and affected during this time and that will add another pressure to BUDGET / ECONOMY and the MIDDLE-CLASS people.

See the current situations. Accuracy is our speciality. 

Even on the 28^th June 2022 - 6 Planets in one SIGN in 2019 to 6 Planets in their own sign in 2022. One extreme to another post – We had said get ready for heavy price increase in the July onwards. 

How do we see the coming time based on the above changes?

 

Government is surely not doing what it had promised to the people at the time of the election. The major advantage the government have is WEAK Opposition and they are able to do away with any announcements. I see Modi Ji will face the public wrath in the coming times. AAP model of development will gain the popularity for sure in coming elections and 2024 elections also. 

 

What it means for the Middle Class like us?

 

No help is coming our way as we are neither rich nor poor. Our VIKAS is our responsibility only. So, learn the fine art of the investing as investing is the only thing available to the general public for faster growth. Our kids are not getting job as per their likings, our small businesses are getting shut down due to the competitions and we have no other sources to come up fast in our life. 

 

Investment can change the life for us at least at present it looks like. 

 

Tomorrow I will not be surprised that they may declare that below Rs.10 lakhs net worth, you can’t directly invest in stocks. This will also come as the penetration of retail investors increases in the market. Luckily A2 are not in this filed. So, we have time till they come into this area also. 

 

What NEXT?

 

Read all our predictions for the 2022 made in the last 4 months of the year 2021. We have been warning you and asking you to prepare for the coming time. The time has come as predicted. If you had worked on yourself / your income and your investments when we told you – you would be very happy now. All others would be suffering for sure. 

 

We always keep you way ahead of the market events and market experts. 

 

If you like our skill sets, be with us. 

 

Follow me on Twitter @hiteshmparikh /  WhatsApp - +91-9869425399.

 

Learn a Lesson. Live with Passion & Invest with Reason.

 

 

Hitesh Parikh.