Presentation on Save me call by a great man

By Prof. Durgesh Gaur on 6.7.12 (12:00-1:30)

He spoke on the basic philosophy of Gandhi. Swawalamban and Swadeshi is investment, Mitvatya is saving. Saving should be as per the philosophy of Gandhi. Albert Einstein believed that people in coming generations will wonder that India had a personality like Gandhi. He gave references of Amrtya Sen, Barak Obama who refers Gandhi’s philosophy. 

He also explained the Business Cycle. It is a well known fact that the consumption increases then the saving decreases. Many philosophers in India believe that India is on the path of progression in the night, when the government is sleeping. 

Govt. imposes tax because it has to run the country. If the govt. expenditure increases then interest rate will increase. How government manages all expenditure? Firstly, by increasing the taxes and secondly, by increasing the interest rate. He explained the article of a newspaper that says, “I don’t want to invest in government securities”. 

Economy is in the dark shade. But if we see the positive side then we can prove that our economy is the highest growing economy in the world after China. If the economy is giving return on investment, then only people invest in economy.

He also gave solutions to various problems. We need to work on the expenditure - planned as well as unplanned because all the problems started from here only