According to a Goldman Sachs analysis of the inflation facet that most threatens each Asian economy, exchange-rate depreciation has an outsize impact on India's.
https://youtu.be/NYhHXp1EIqk
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Ghost of demonetisation returns: Finance minister Arun Jaitley spent all of Tuesday answering why ATMs were still cash-strapped in at least six states,...
The Indian way of writing numbers, particularly large ones, results in a lot of unneeded mental gymnastics. It might be a good time to bring it to an end.
Demonetisation was a political move with economic consequences. Among other things, it sought to uproot an old political elite that presumably depends on hoarded cash.
On 8 November, 2016 the Prime Minister announced on television that 86 per cent of the money in circulation in the Indian economy stood demonetised. There are still unanswered questions about the legality of the entire exercise and even the process followed to arrive at the decision.
Demonetisation was a courageous policy decision fraught with high risks. The purported objectives of the decision were to eliminate fake currency, weed out black money, and address tax evasion. Later, digitisation of the economy was also added to the list of objectives. How has demonetisation fared on these objectives?
Peter Manuel's ‘Cassette Culture’ showed the booming Bhakti music during the '80s and '90s when Anoop Jalota, Gulshan Kumar achieved success by singing the sanitised Bhajans.
Economists say there are weaknesses in India’s GDP data. But statisticians claim the accusations are based on flawed understanding, saying while GDP has problems, the economists are looking in the wrong places.
Our economy is agrarian economy, we won’t have people to produce food. Are we saying machines will take care of cultivation? Who will address agricultural unemployment?
The thought of the writer seems ill prepared and expressed in a jiffy…
Th real reason are the following,namely Indian Leaders work for a strong US Dollar:-
1.The 2 Gold Schemes of the NDA is for Indirect Gold COntrol and thus prevents Indians from preserving their wealth,if any.Gold is inverse of US Dollar.
2.the huge US treasury Holdings of US Dollars 147 Billion makes the Rupee weaker and the US Dollar stronger.
3.The huge Forex of US Dollars 410 Billion.Result ditto item 2 above,plus making other Currencies which make the Basket stronger.
Remedy:-
1.cancel the 2 Gold schemes by the NDA and thus prevent the US Dollar becoming stronger viz-a-viz the Rupee
2.Reduce the US Treasury and Forex Holdings by about US Dollars, 120 Billion and 100 Billion respectively.
One is surprised by Author;s unfounded claims and forced to doubt his knowledge as regards Finance and Economy..
No Indian politician has the guts to flip the bird against agriculture. Everyone thinks that there will be no food on the plate if farming is affected. What such people fail to understand is that there will be food coming in from different places where it is efficient and we can pay for the food from the money we earn in sectors where we are efficient and profitable.
Niti Ayog has also been saying this for the lst many years,at least from the Panagrahiya times.The aim is:-
1.A Globalist idea,that is the Oligarchs are preferred.
2.Land Grab.
3.Create Trauma among the many villagers,by shattering their roots.This results in “LESS UNITY”,as people coannected by generations move away,losing contact,which makes them weaker.This suits the Globalists.
4.The villagers who move away will resort to crimes and other means[you know what I mean] for a living.Many may land up in Jails.This will REDUCE POPULATION,as POVERTY and imprisonment reduces population.
5.Farmers invest in Gold,but the Globalists want the money in Stocks and Banks,keeping the US Dollar strong.Gold inverse to the US Dollar.
6.The idea will increase Industrialization,which GUZZLES WATER which adversely affects the Agri-Sector.farmers top Agriculture and sell Land,the so-called Desperate sale.
7.Land Acquisition is the Major problem for the Oligarchs.hence this idea suits them fine.
Niti Ayog has also been saying this for the lst many years,at least from the Panagrahiya times.The aim is:-
1.A Globalist idea,that is the Oligarchs are preferred.
2.Land Grab.
3.Create Trauma among the many villagers,by shattering their roots.This results in “LESS UNITY”,as people coannected by generations move away,losing contact,which makes them weaker.This suits the Globalists.
4.The villagers who move away will resort to crimes and other means[you know what I mean] for a living.Many may land up in Jails.This will REDUCE POPULATION,as POVERTY and imprisonment reduces population.
5.Farmers invest in Gold,but the Globalists want the money in Stocks and Banks,keeping the US Dollar strong.Gold inverse to the US Dollar.
6.The idea will increase Industrialization,which GUZZLES WATER which adversely affects the Agri-Sector.farmers top Agriculture and sell Land,the so-called Desperate sale.
7.Land Acquisition is the Major problem for the Oligarchs.hence this idea suits them fine.
8.Land is an investment and its value will rise in Future.Good for the Oligarchs to own HUGE Land Bank.
Long story short Land Acquisition is behind this idea of the vested interest at the cost of the farmers.
Movement of labour to non-agricultural activity may bring productivity gain, but people will face shortage of food grain in the long run. Development strategy in India like countries cannot ignore agriculture.
The need is that we need to improve the production capability in all aspects including agricultural and other industrial activities. Government should restrict production of unusufull things in the interest of future generation.
What happens to Farm Sector?
Our economy is agrarian economy, we won’t have people to produce food. Are we saying machines will take care of cultivation? Who will address agricultural unemployment?
The thought of the writer seems ill prepared and expressed in a jiffy…
I am open for discussion….
Th real reason are the following,namely Indian Leaders work for a strong US Dollar:-
1.The 2 Gold Schemes of the NDA is for Indirect Gold COntrol and thus prevents Indians from preserving their wealth,if any.Gold is inverse of US Dollar.
2.the huge US treasury Holdings of US Dollars 147 Billion makes the Rupee weaker and the US Dollar stronger.
3.The huge Forex of US Dollars 410 Billion.Result ditto item 2 above,plus making other Currencies which make the Basket stronger.
Remedy:-
1.cancel the 2 Gold schemes by the NDA and thus prevent the US Dollar becoming stronger viz-a-viz the Rupee
2.Reduce the US Treasury and Forex Holdings by about US Dollars, 120 Billion and 100 Billion respectively.
One is surprised by Author;s unfounded claims and forced to doubt his knowledge as regards Finance and Economy..
No Indian politician has the guts to flip the bird against agriculture. Everyone thinks that there will be no food on the plate if farming is affected. What such people fail to understand is that there will be food coming in from different places where it is efficient and we can pay for the food from the money we earn in sectors where we are efficient and profitable.
Niti Ayog has also been saying this for the lst many years,at least from the Panagrahiya times.The aim is:-
1.A Globalist idea,that is the Oligarchs are preferred.
2.Land Grab.
3.Create Trauma among the many villagers,by shattering their roots.This results in “LESS UNITY”,as people coannected by generations move away,losing contact,which makes them weaker.This suits the Globalists.
4.The villagers who move away will resort to crimes and other means[you know what I mean] for a living.Many may land up in Jails.This will REDUCE POPULATION,as POVERTY and imprisonment reduces population.
5.Farmers invest in Gold,but the Globalists want the money in Stocks and Banks,keeping the US Dollar strong.Gold inverse to the US Dollar.
6.The idea will increase Industrialization,which GUZZLES WATER which adversely affects the Agri-Sector.farmers top Agriculture and sell Land,the so-called Desperate sale.
7.Land Acquisition is the Major problem for the Oligarchs.hence this idea suits them fine.
Niti Ayog has also been saying this for the lst many years,at least from the Panagrahiya times.The aim is:-
1.A Globalist idea,that is the Oligarchs are preferred.
2.Land Grab.
3.Create Trauma among the many villagers,by shattering their roots.This results in “LESS UNITY”,as people coannected by generations move away,losing contact,which makes them weaker.This suits the Globalists.
4.The villagers who move away will resort to crimes and other means[you know what I mean] for a living.Many may land up in Jails.This will REDUCE POPULATION,as POVERTY and imprisonment reduces population.
5.Farmers invest in Gold,but the Globalists want the money in Stocks and Banks,keeping the US Dollar strong.Gold inverse to the US Dollar.
6.The idea will increase Industrialization,which GUZZLES WATER which adversely affects the Agri-Sector.farmers top Agriculture and sell Land,the so-called Desperate sale.
7.Land Acquisition is the Major problem for the Oligarchs.hence this idea suits them fine.
8.Land is an investment and its value will rise in Future.Good for the Oligarchs to own HUGE Land Bank.
Long story short Land Acquisition is behind this idea of the vested interest at the cost of the farmers.
Movement of labour to non-agricultural activity may bring productivity gain, but people will face shortage of food grain in the long run. Development strategy in India like countries cannot ignore agriculture.
The need is that we need to improve the production capability in all aspects including agricultural and other industrial activities. Government should restrict production of unusufull things in the interest of future generation.