Samir Arara, founder of Helios Capital Management, caused an online debate after suggesting that India could compensate for the potential economic impact of Donald Trump’s proposed tariffs simply for several weeks.
In the tweet, which quickly caught attention, the arora shared the “thought experiment” of the language around the effect of a 10% decrease in Indian exports to the US, which currently represents approximately 2% of the country’s GDP.
“If they drop by 10%, India will lose 0.2%,” he wrote. “GDP growth is 6% odd. So restoring 0.2% should take 12 days. It can recover at the level before the tariff by working on Saturday and Sunday for 6 weeks. Get it, boys and girls.”
While the contribution was supposed to be a slight acceptance of economic resistance, he immediately attracted the reactions online – with some units jokingly called “Narayana Murty effect”, nodded at the recent controversial remark that urged Indian youth to work 70 hours a week.
“It is fantasy mathematics, not the economy. The tariffs do not only have a” 0.2%”of GDP as a weekend of missed work. They bring through the supplier chains, kill margins, erode competitiveness, hit employment in export sectors, and weaken investors’ sentiment, “he wrote on X, added,” I created “, Saturday is Saturday. A treadmill that you can speed up!
Another user wrote: “Samir, you receive the influence of Mr. NRN.”
“Narayan Murthy doctrine becomes all the more important,” the third user said.
“If only reality was such a basic mathematics,” he wrote fourth.
“Well, as Murty suggested, we could work 70 hours a week and achieve it.
(Tagstotranslate) Economic impact