- Omkar Patil (Finvestos) Politically speaking, Modi has had capitalistic tendencies. India is trying to achieve the growth what US has achieved in 200 years. This can only happen in a capitalistic economy. I agree to fact that in capitalistic economies, companies earn far more than the jobs provided. Well, I am an advocate of the trickle down effect. I also agree that extreme capitalism won't help India, but right now the way the modi administration is designing the policies, it is focusing on privatising things because - GOVERNMENT HAS NO BUSINESS DOING BUSINESS I think we all would agree on the fact that privatisation boosts the efficiency in the economy. On the other hand , if we see soo much of growth in Indian economy, why has the demand growth been so sluggish in India. -> The WPI fell from 2014 till 2017 -> The WPI fell from 2022 till 2024 ...
