The RBI is on course for its most aggressive monetary policy easing in more than 3 years, as it seeks to support the economy in the face of risks both at home and abroad.
RBI has to improve monetary policy transmission & undertake reforms like setting up public debt management agency & boosting bond market infrastructure.
MoSPI proposes to remove closed factories from IIP sample, aiming for truer picture of India’s industrial health in upcoming 2022–23 base series. Plan open to public feedback until 25 November.
Bihar is blessed with a land more fertile for revolutions than any in India. Why has it fallen so far behind then? Constant obsession with politics is at the root of its destruction.
India is the second largest internet user in in world after China the Chinese are far away from India in technology and developing not only smartphone but various things, thanks to jio that Made in India second largest user of Internet but China is very smart country they developed applike Tiktok like extra, they made us fool and busy in spreading shit content through Tictok app, more than half of population of of internet users are doing such stuff over there and now the Madras High court ask to ban app, then hundred of people saying this is abolition of of right to speak. They don’t spread good things through to such kinds of app. We all the Indians are busy in copying other, we don’t use internet in good manners we use it for Tiktok, PUBG etc..
#bantictok
Recessionary trend is discernible. The country is now in a transition phase. One can predict government’s response if the BJP government is re-elected. However, if there is hung Lok Sabha, there are two possibilities : (1) Congress headed government supported by regional parties and others. (2) Non-BjP, Non-Congress government supported by either BJP or Congress. While there could be some stability in option (1), the option (2) entails severe political uncertainty and consequent impact on economic policies. In case, a Congress-headed government comes to power, it will be burdened by high expectations and obligation to fulfil manifesto promises, which are extravagant. Further assuming that Rahul Gandhi becomes PM, he is somewhat novice in economic matters (Arun Jaitley has pointed out that Rahul didn’t know the difference between budget expenditure and GDP and asserted that his government will spend 6% of GDP on Education and 3% of GDP on Healthcare. Now India’s GDP for FY 19 is Rs.195.5 trillion.. Thus 9% of this comes to Rs.17.6 trillion , which is around 65% of the total budget size of Rs.27 trillion!!!) . No offence against Rahul, but he needs support and guidance on economic matters.
The next government should come out of this bubble that the world will beat a path to our door because We are the only game in town, Where else will they invest but in India, etc, all the fatuous, self important things we love to say about ourselves. One set of meetings with the upper crust of India Inc, one with the cream of global investors. Let them speak, listen, do all that is feasible. It goes without saying that we have to clean up our statistics / official data. Get a grip on public finances, restore fiscal discipline. Immense rent seeking still going on in the states; one big part of 1991 was giving up discretion in industrial licensing and foreign trade. No more Investor Summits, no stack of meaningless MoUs being signed. Go to Davos only after putting your house in perfect order. India has to make up for a lost decade.
Real estate is one sector that can contribute a lot to economic revival. There is an issue of pricing / affordability that needs to be addressed. The bubble ought to have been pierced in good time.
India is the second largest internet user in in world after China the Chinese are far away from India in technology and developing not only smartphone but various things, thanks to jio that Made in India second largest user of Internet but China is very smart country they developed applike Tiktok like extra, they made us fool and busy in spreading shit content through Tictok app, more than half of population of of internet users are doing such stuff over there and now the Madras High court ask to ban app, then hundred of people saying this is abolition of of right to speak. They don’t spread good things through to such kinds of app. We all the Indians are busy in copying other, we don’t use internet in good manners we use it for Tiktok, PUBG etc..
#bantictok
Recessionary trend is discernible. The country is now in a transition phase. One can predict government’s response if the BJP government is re-elected. However, if there is hung Lok Sabha, there are two possibilities : (1) Congress headed government supported by regional parties and others. (2) Non-BjP, Non-Congress government supported by either BJP or Congress. While there could be some stability in option (1), the option (2) entails severe political uncertainty and consequent impact on economic policies. In case, a Congress-headed government comes to power, it will be burdened by high expectations and obligation to fulfil manifesto promises, which are extravagant. Further assuming that Rahul Gandhi becomes PM, he is somewhat novice in economic matters (Arun Jaitley has pointed out that Rahul didn’t know the difference between budget expenditure and GDP and asserted that his government will spend 6% of GDP on Education and 3% of GDP on Healthcare. Now India’s GDP for FY 19 is Rs.195.5 trillion.. Thus 9% of this comes to Rs.17.6 trillion , which is around 65% of the total budget size of Rs.27 trillion!!!) . No offence against Rahul, but he needs support and guidance on economic matters.
The next government should come out of this bubble that the world will beat a path to our door because We are the only game in town, Where else will they invest but in India, etc, all the fatuous, self important things we love to say about ourselves. One set of meetings with the upper crust of India Inc, one with the cream of global investors. Let them speak, listen, do all that is feasible. It goes without saying that we have to clean up our statistics / official data. Get a grip on public finances, restore fiscal discipline. Immense rent seeking still going on in the states; one big part of 1991 was giving up discretion in industrial licensing and foreign trade. No more Investor Summits, no stack of meaningless MoUs being signed. Go to Davos only after putting your house in perfect order. India has to make up for a lost decade.
Real estate is one sector that can contribute a lot to economic revival. There is an issue of pricing / affordability that needs to be addressed. The bubble ought to have been pierced in good time.