BJP MP Subramanian Swamy's Bizarre Solution To End Current Economic Crisis | Watch

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BJP leader and Rajya Sabha MP, Subramanian Swamy has made a surprising statement: He says that the image of Goddess Lakshmi could improve the economic crisis of the country.

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Guys his statement was sarcastic. He said it to lighten the mood. He’s from Havard. He knows his economics. Don’t underestimate him.

Abhishek-vjib
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Congratulations India Today, the way you have twisted the news. It's an art.

rajshree
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I know this would happen. Media r waiting to defame Dr. Swamy. The question by the journalist was " if we were to go like Indonesia which printed Lord Ganesha pics on notes, wht would ur choice of God would be? He said, PM Modi has to decide, but I would go with Goddess Lakshmi." He dint say it would improve economy. Strange media crooks.

kssrikant
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Lol....propaganda kaise felate hai India Today ko pata watching this video please watch the original video where a journalist asks Dr Swamy about the Lord Ganesh inserted pic

adarshtamang
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What is problem in Laxmi photo on money. Don't you guys celebrate Diwali?

ankushsharma
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He is shown in india today after a long time. Why for only this? Why not when he also speaks about fixing the economy, Sunanda murder case, CAA etc.. Why is India Today blocking Dr Swamy most of the time?

santoshg
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In general Media has the freedom to use any statement in any manner. With freedom comes responsibility. God bless all of us! Thank you.

poornimadinakaran
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Then why is Dollar stronger than Rupee?? Send him to Mental Asylum.

imran
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Indian literates know Dr. Subramanian Swamy, he is most credible politician.

krishnapalanati
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Media can go to any extent for trp i mean he was just sarcastic and was joking he has been a teacher at harvard and true intellectual.

mgupta
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I find it simpler in these terms with a little empiricism added.
GDP= govt spending + non govt spending + net exports
= ( fiscal deficit - 0*tax) + K (fiscal deficit -federal tax) + net exports,
K being an empirical factor on the order of 4 for USA (I have plotted it) and maybe higher 5 for India. This factor is an economic multiplier between transactions in the economy and fiscal deficit, the prime mover. The reason for 0*tax is govt does not use tax for anything but trash. Federal tax, however, removes money from the economy.
The economy runs on fiscal deficits. And taxes reduce GDP. All we need are more deficits, the prime mover of the economy.

spiyengar
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INDIA where are you heading? What is happening to my amazing country? I left India 10yrs ago...i think laxmi helped me to leave the country and told me son dollar is better. With all respect to my fellow young Indians...try to leave India as quickly as possible. Either you guys going to end up in Mahabharata yoga or going to be in a severe crisis where no jobs and nothing could help you all. Trust me if am jobless and hungry for few days...i may even eat Jesus christ. All God's are giving us wisdom...so use it wisely. All the best. Happy 2020 INDIA.

Physiovale
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Laxmi should be printed on the notes rather than gandhi

vivekanandgorle
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The image of Kubera, God of Wealth, may be more appropriate for currency notes. The image is already used by the RBI is some instances.

ishwarsharan
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Nonsense sensationalism by India today. Ask Swamys students from Harvard about his education and experience in economics. I bet you wont do that.. he is the type who blows his own bugle sometimes, but that doesn't mean he doesn't know his subject.

gayatrigg
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He said it sarcastically, nothing wrong in it. even if we have it, there is nothing wrong in it, it represent our culture of bharat which is more than 10, 000 years old.

rahulchawla
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Let us redefine terms and name created money after the goddess of prosperity.

FISCAL DEFICIT = BHAGYALAKSHMI

Now the exact money balance is

FISCAL DEFICIT = BHAGYALAKSHMI = NET PRIVATE SAVINGS + NET IMPORTS

which means our own money feeds both private net savings and net imports (after conversion to dollars at a miserable exchange rate.)

For India BHAGYALAKSHMI is queen and fully sustains the people.

This is intuitively obvious.

It is high time that LAKSHMI is printed on all bank notes to know that RUPA is also her name!

Another name for the economy is SUKHAADARAM which follows the tradition of naming a field by the most important concept in that field, like BHUGOLA for geography.

SUKHA+ AADAARUM = HAPPINESS +BASIS = BHAGYALAKSHMI=source of money also is obvious.

spiyengar
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Why BIZARRE? I don't think it bizarre at all!

spiyengar
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Waah bhai pehle kyu nahi btaya
Kya gazab ka solution hai👍

vivek
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There goes secularism down the drain, again.

georgedmello