Growth of financialised GDP is good for govt, but it is not good for people as it does not reveal true employment pict

Inclusion of fee-based financial revenues since 1993 overstates size of GDP

Conventional stabilisation measures lead to low or stagnant GDP growth and high inflation

Goal of these companies is maximising shareholder value via dividend disbursement

Govt should ask for subsidised loans or such funding that can be repaid in local currency

Waning corporate profits, higher crude prices may create jitters in market

Short-term capital gains do not bode well for developing economy where millions are underemployed or unemployed

Under changed architecture, economy endures trade deficit in goods and services

Successive govts have ignored traditional economic fundamentals such as high aggregate demand, real exchange rate

With high interest rate and surplus, income-GDP growth falls, tax collection shrinks while taxes are increased