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00:00The bank removes a loan from the balance sheet from the NPA.
00:04So what is the conversion of that person who is going to collect that loan?
00:08They don't have any incentive for this.
00:10Their balance sheet is cleaned.
00:12And they leave.
00:13Whatever they get, 10%, 5% will be seen later.
00:17So this is going on again and again.
00:19They are trying to concentrate the economy.
00:23In every sector, you will see,
00:26for example, if you try to buy an airline,
00:29if you try to go on a flight,
00:30have you seen the price of a flight these days?
00:32Why?
00:33In every sector, there is only one or more than two airlines.
00:37So when there is no competition,
00:39then what will happen?
00:40Prices will increase.
00:41If prices increase, then what will happen?
00:43It will be a problem for the common man.
00:46Now we are trying to kill the common man in GST.
00:50This is a miracle.
00:52We should get help from somewhere.
00:54We are seeing that for the last 10 years,
00:56maybe the minister will do something for the common man.
00:59Will he get a new income tax plan?
01:01He didn't get anything in that either.
01:03I don't know.
01:04After doing 4-5 calculations,
01:05only 5,000 rupees are left at the end of the day.
01:07You must have seen.
01:08He gave a lot of relief to the common man,
01:10as he said, in that time budget.
01:13So this is the way the government is going.
01:16And now if you ask,
01:18brother, why is our GDP growth rate 5.5%?
01:21Why doesn't it increase?
01:22People will say,
01:23sir, the election came,
01:25so the government couldn't spend much.
01:27And if the government doesn't spend,
01:29then there will be no growth,
01:31the economy will not move forward.
01:32But you think for yourself,
01:34that since we brought liberalization reforms from 1991,
01:38since then we are a private investment led economy.
01:42That is, if industries invest,
01:44capacity utilization will increase,
01:46new products will be produced,
01:48only then will jobs be created.
01:50If jobs are created,
01:51then salaries will come.
01:52If salaries come,
01:53then consumption will increase.
01:54By increasing consumption,
01:55industries will produce again.
01:57This is a very simple thing.
01:59You want to do all the investment through the government,
02:02but no private investment is coming from it.
02:06This time you will see,
02:07if in the coming budget,
02:08the private industry has put its demand,
02:10what is he saying?
02:11He is saying,
02:12brother, give some money to the common man,
02:15so that he starts spending a little.
02:18If he spends a little,
02:20only then will we go and produce.
02:23We will increase production.
02:25You are coming to us again and again,
02:27by saying,
02:28you please increase your capacity,
02:30increase your investment,
02:32but we have no benefit of increasing investment,
02:36when there is no customer.
02:38And you are taking all the money of the customer in tax,
02:41whether it is tax on petrol and diesel,
02:43whether it is slabs of GST.
02:47So this problem has increased today and has reached our GDP.
02:51The loans that people were getting,
02:53which they were consuming,
02:55have also stopped due to RBI.
02:57So now,
02:58when there is no consumption,
02:59the production has slowed down.
03:03So in the coming days,
03:05unless we do not simplify this GST,
03:09we will not correct it,
03:10we will not remove its complications,
03:12irrespective of where the consumption is,
03:15we will not put 30%, 28%, etc.
03:18and will not try to tax it,
03:21then our economy will not grow again at 8%, 8.5%.
03:27And if it does not grow,
03:29then it is a very serious issue for the country.
03:32Because in an economy like ours,
03:34where there are still a lot of people,
03:37about 80 crore people are being given free food,
03:41who are still below the poverty line.
03:44You can check the government figures,
03:46they say that there are no poor people,
03:48but they are giving food to everyone,
03:50to so many people,
03:51so there are people in poverty.
03:53So if we have to raise them above the poverty line,
03:56then we have to continue to grow our GDP
03:59by 8.5% for the next 10-15 years.
04:04In this 5%-5.5% GDP growth,
04:07people will go below the poverty line,
04:09not above it.
04:10So it is very important for us to understand this.
04:13And through this press meet,
04:16basically we want to tell the central government
04:21that our Manmohan Singh ji said,
04:26when we were going to bring GST,
04:28we were talking about a very simple,
04:30three-slab GST.
04:32Neutral, plus and negative.
04:35In which there was also an exemption.
04:37So we should immediately implement
04:40a GST system like that in this country.
04:44And we know that the Prime Minister,
04:47the promises that he made in our judiciary,
04:50like employee-linked incentives,
04:53we talked about the apprenticeship program,
04:55he has implemented these things.
04:58So we are confident that he will win.