Formula for Ache Din: GDP(Market Price) = GDP(Factor Cost) + Indirect Taxes – Subsidies

How to get the Ache Din? Atleast on Paper
PLAN A: Really bring about ache din by increasing lots of Jobs with simultaneous reduction in corruption
OR
PLAN B: Either change the criteria of what Ache Din feels like & make people believe that ache din have come

Mr. Modi would have rightly felt that 5 years is quite a short period to achieve plan A. So he took on Plan B with utter dedication.
He hired a Yes Man for the job aka Arun Jaitley who would pursue Plan B with utmost zeal

Now we come to How this can be done:
Branding the intellectuals & NGOs as people who are part of this corrupt system, he managed to distance the common people away from their opinions. He portrayed them as the monsters responsible for common peoples’ misery. Such was the fervor that whatever the right-wing narrative plays, is the only truth in India nowadays.
Then he changed the way we calculate GDP. He managed to feed this Doped Janta, that high GDP means Ache Din. High GDP means India is growing faster.
So the Ache din Formula was tweaking how we calculated growth till date.

GDP(Market Price) = GDP(Factor Cost) + Indirect Taxes – Subsidies
Rather than going into details, I ll only touch Indirect Taxes and Subsidies

Mr. Modi brought in new taxes, Services Cess, surcharges, transaction charges, etc
By sheer luck, he got elected when the oil price fell as well as the commodity market. So he got a chance to reduce subsidies.
He exorted the doped Janta to give up subsidies. He pushed for digital economy to bring more people under indirect taxes.

Just by touching these 2 items, he managed to increase GDP. He is an extremely good orator and can be compared in this skill only next to Adolf Hitler. He sold it to his fans and foes alike.

Mr. Singh, Amartya Sen, etc didnt explain thisĀ simple formula of what he did to achieve these numbers. They couldn’t simplify and explain this to our doped janta of what happened.

But his luck will run out.
Oil price will rise and so would the commodity. GDP is still dependent on what people produce & people sell. There is a buyer’s market now. This will lose steam soon. And then it will be seller’s market. And imagine people reduce their spending. Then where would Mr. Jaitley run?

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s