Reference News Network reported on March 15 that the German "Business Daily" website published an article entitled "The Indian Government is also fighting with farmers" on February 29. The author is Martias Pell, and the full text is as follows:

Although Indian farmers live in the fastest growing large economies in the world, they are still worried that prosperity cannot benefit themselves.Since mid -February, thousands of farmers have come together to launch protests.Varanasi Investment

Farmers' demonstrations make people pay attention to a truth that makes the Indian government embarrassed.Prime Minister Modi likes the rapid economic growth of India comes from me, but this growth distribution is very uneven, and it does not benefit most of the country's regions.

The article states that this trend may lead to hundreds of millions of non -urban residents in India's economy in economy.This not only has the high popularity that damages Modi so far, but also from the perspective of economists, it also seriously hinders the further rise of the Indian economy.

On the surface, the Indian economy is still growing rapidly.Data show that from October to December last year, India's economic aggregate increased by 8.4%year -on -year -the growth rate was adjusted to 8.1%after revised in the third quarter of last year.Analysts originally expected India's economic growth to slow down significantly.

From this point of view, India's economic situation is as significantly stronger than other major emerging industries or developed industrial countries as always.And this positive long -term trend will continue.The US Investment Bank Jefu Rui predicts that India, which is currently the fifth largest economy in the world, will surpass Japan in 2026 and will surpass Germany in 2027.

Premier Modi believes that by 2047, India's 100th anniversary of independence from the United Kingdom, India will jump from emerging industrial countries to developed industrial countries.

Modi encourages new factories to enter India through national subsidies.He has attracted smartphone manufacturers such as Apple and Samsung.On February 29, the Indian government also announced that the approved semiconductor manufacturer would invest 15 billion US dollars in its country and provide ample national subsidies.

According to data from the World Bank, nearly two -thirds of India's 1.4 billion people live in agricultural areas, but the industrial -friendly policy implemented by the country has almost no benefit of these areas.According to data from India's investment information and credit rating companies, the actual monthly income of Indian farmers has declined in 2021 and 2022, with an annual decrease of 1%to 2%.Until last year, the actual income increased slightly by less than 1%.

Therefore, about 900 million farmers in India are almost unlikely to become the potential pillar of the country's economic growth.Rajani Xina, the chief economist of Indian Celier Edi Rating Company, commented that money is mainly spent in the city, and other places have obviously not recovered from the economic recession caused by the new crown epidemic.Varanasi Stock

At present, India's economic prosperity is mainly driven by a large number of national infrastructure expenditures, and the expansion of enterprises is much more cautious.Xin Ha said: "Although the investment in the private sector has increased, it is still very limitedAhmedabad Wealth Management. Therefore, the key is to increase consumption, so as to strengthen the investment confidence in the private sector."

So far, although the observer thinks that farmers' protests are a serious problem facing Modi, it is expected that it will not have a significant impact on his still well -reorganization prospects.

However, during Modi's possible third term, this peasant crisis may still make him busy.The International Monetary Fund has recently stated clearly that this huge challenge is written in the latest Indian report that "most of the agricultural, construction and retail employees are engaged in work with low productivity."Therefore, the report states that in order to achieve higher economic growth, India's task is to create a large number of high -quality high -paying jobs.

This is because, although India's current economic growth rate is global, it is still not enough to achieve the ambition to get rid of the status of emerging industrial countries in the next decades.Former Indian President Lagram Lenan calculated that if the growth rate of over the past few years, by 2047, India's per capita annual income can only increase from the current $ 2,400 to about $ 10,000.

La Zhan believes that in this way, India can't keep up with the current level of India even after more than 20 years, and by then, India may also lose the advantages of current young labor.He warned: "If this country does not speed up economic growth, it will not be rich first. This means that by that time, it will have to overcome the burden on the aging of the population."