To help India become a $5-trillion economy, the National Infrastructure Pipeline has been unveiled. But the big constraint is money willing to be locked up for years.
Several pension trusts invested in IL&FS because it was considered ‘safe’. So far, the losses are unclear as 200 trusts haven’t filed their returns to EPFO.
Standing up to America is usually not a personal risk for a leader in India. Any suggestions of foreign pressure unites India behind who they see as leading them in that fight.
De]]]]mography of Indians was a pompous boast once. Unfortunately that average Indian is at a age where he has no money. Whatever money Indians have are with over age 50 crowd. What is long term for them. The 29 year old needs to maary, have a house, a car etc and I see no savings from this group. Well, you go round and round. Poor Indians have neither time nor money. What savings”” What jobs from what pay???
A Lot of technical jargon was used in the final paragraphs with no real translation in end-user-friendly terms. Nonspecific instruments named, no clarifications given in layman terms. Some elaborations or examples would’ve helped this article immensely.
De]]]]mography of Indians was a pompous boast once. Unfortunately that average Indian is at a age where he has no money. Whatever money Indians have are with over age 50 crowd. What is long term for them. The 29 year old needs to maary, have a house, a car etc and I see no savings from this group. Well, you go round and round. Poor Indians have neither time nor money. What savings”” What jobs from what pay???
For 2cr and above tax category, people can be given an option to invest in NIP for saving on the surcharge tax
A Lot of technical jargon was used in the final paragraphs with no real translation in end-user-friendly terms. Nonspecific instruments named, no clarifications given in layman terms. Some elaborations or examples would’ve helped this article immensely.
What Indians save, the government spends. Largely on maintaining itself.
Excellent Article