Is Corporate India Gripped By Fear? Kiran Mazumdar, Sambit Patra Join News Today With Rajdeep

Veteran Industrialist Rahul Bajaj at an award function in Mumbai said there was an "atmosphere of fear" and people were afraid to criticise the government and do not have the confidence that the government will appreciate any criticism. The audience included Home Minister Amit Shah and Finance Minister Nirmala Sitharaman among others.
Chairperson and Managing Director of Biocon Kiran Mazumdar-Shaw also joined the chorus, with her tweet stating the government is treating corporate India like 'Pariahs'.
Finance Minister Nirmala Sitharaman speaking in Lok Sabha reacted to industrialist Rahul Bajaj's Intolerance remark on the Modi government. Nirmala Sitharaman said that the Modi government listens to criticisms and is ready to respond to it.

#NewsToday #CorporateVsCentre #RahulBajaj #RajdeepSarsdesai

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[iqbalrajput]

Samit Patra never answers the questions

[blaisevegas]

What benefit has all the PM visits to almost the whole world yielded for India . Remember Howdy Modi? . Why hasn't all these visits and tax payers money done any good for the economy and people . Yeh Kya tourist ke liye PM bana tha .

[arafathshaik]

Surfexcel boycot incident, zomato boycot incident and how we reacted to it shows that there is fear among companies, fear not just for sake of asking it but the fear how the society is turning into.. You can not run businesses when the society is divided and poor.

[jyothikumar]

Corporate India Inc. should have speak earlier, then we would have prevented current economic issues.

[jaypauldeva]

It's to be noted down that's BJP can never they get economic achievement in this state of GDP growth fall. Bajai spoke about the fear of government on corporate businesses and entrepreneurs due to ED and income-tax raid etc would certainly hitch a common businessmen into fear of running his business. Whatever the party spokesmen argue in the favour of their party stand, the truth is fear that holds the businessmen to run the business in these days. There are fake encounters by raids by government authority to harass and kill the high spirited businessmen directly or indirectly withfalse accusation and allegation.
No longer the trillion economy can be achieved by BJP with non expert and inexperienced ministers in the government.
They should feel sorry for the downfall of economic growth and development of our country and resign from power immediately since the country is sinking economically in drastic manner. BJP government lives in the fantasy of power craze and words of war towards any freedom loving man in the country.
Very soon we are going to land in a junk of economic crisis from where we can't come out of the recent Down fall of our economy.

[kalyanidivakar]

If IT and ED raids on all political party offices and on election business, then we can expect swachha Bharat

[kalyanidivakar]

If politicians are not interfered in banking business, there would not have been such big NPAs

[harrisahimas]

Exactly. Not only corporate India, MEEDIA, judges, election commission all are put in fear under modus goverment.

[GS-umww]

There is no climate of Fear? It is his Fear

[iqbalrajput]

Samit Patra has his own way of arguments which is Congress Congress and Congress

[chiragbaukhandi]

sagarika aur rajdeep ke ghar dar ka mahaul 🤭🤭🤭

[AshishGupta-emyl]

Kiran ji and bajaj ji welcome many congratulations on becoming a member of tukde tukde urban naxals Khan market gang

[MuhammedKLM]

There is fear everywhere in india. But, those who commit wrong should also pay the dividend.

[tusharparikh]

People like Rahul Bajaj are used to make money under Congress’s license Raj in which they along with other Lutyens getting unfair advantage over others. This Government is different in making resources available to every one. Every one is playing on a same play field. That may be hurting the people like Bajaj just like all Lutyens, Award Wapsi Gang, Letter Writing Gang and other people like them.

[monojdas-gupta]

If speaking out is all right then where the declamatory tone of the FM comes from ? In my book that is blatantly the sign of intolerance writ large for all to see.

[jayanchada]

Farm loan waivers and their impact on the economy
As a banker has rightly commented in the past, “Farm loan waivers are almost like peer pressure to default.” This is exactly what seems to have happened in the last 8 years.
However, quite often farm loan are also used as a pre-election strategy as a populist measure. In 2008, the UPA government wrote off farm loans worth ~Rs50, 000cr and this was possibly instrumental in the party romping back to power. Recently, we have seen massive loan waivers offered in states such as Uttar Pradesh, Telangana, and Karnataka. These waivers were part of pre-poll promises which the parties were bound to deliver.
In fact, it is estimated that the total farm loan write-offs by the time of the central elections in 2019 could actually cross Rs200, 000cr. The entire burden will vest on the state government budgets and not on the banks; therefore, technically, the balance sheets of banks will not worsen significantly due to this write-off. The only worry is the impact that it will have on the combined fiscal deficits of all the state governments put together. For fiscal year 2017-18, the state fiscal deficit is estimated at 2.7% of the GDP, however, if the full impact of the loan write-offs is factored in, the actual state fiscal deficit could be closer to 4-5%. This could put pressure on most states’ finances.

[bijucge]

We can expect raids in Bajaj companies soon and people praising in the channels will get benifits

[notohate]

Thanks to Mr Bajaj we are talking about economy.

[physicsonline]

Gurcharan Das did not answer questions.He is plugging for RCEP as his pet hobby-horse. And he blames the absent bureaucracy.Disappointing.

[idioticstuff]

You criticize the government saying you cant do it ..isnt that contradictory?