Sign In / Register
Make This My Home Page | Feedback |RSS
You are here: IE »   Story » Comment »

Common Minimum Pranab

New Delhi: Finance Minister Pranab Mukherjee’s bold gamble of letting the fiscal deficit slip out of his hands may still have paid off had he articulated a vision for economic reforms in the debut Budget of the United Progressive Alliance II (UPA II) government. A further fiscal stimulus of Rs 40,000 cror  ....Read more

Insipid BudgetBy: denis khan | Tuesday , 7 Jul '09 14:53:21 PM Reply | Forward Budget sops are negated due to the black holed economy at the macro and micro level. This is evident from the crores of rupees disappearing at the macro level, and small change vanishing at the micro level.At the macro level, according to a reported estimate of more than $7 Trillions, deposited in Swiss Banking System, about $2 Trillion deposits might be from India.The BJP promised to bring back $ 2 trillion deposits allegedly stashed abroad. At the micro level, the disappearing small change is the Achilles’ heel of the Indian economy.In India today, the common man is required to pay in small change for every imaginable expenditure. However, it is difficult to receive small change in return. There is no value for the small coins. The largest denomination coin is the bottom of acceptable currency.Super malls print bills 'rounding off' the small coins. We should try to block these arteries that can supply illegal money to terrorists and antisocial elements
GOOD BUDJET -FOR ESMBy: GVNS RAO | Tuesday , 7 Jul '09 11:17:50 AM Reply | Forward Good Budjet. The dream of all ex servicemen has com true. this will keep the morale of the defence forces up.
Post a Comment
Name:
Email:
Title:
Maximum characters allowed     
Comment:
TERMS OF USE:
The views, opinions and comments posted are your, and are not endorsed by this website. You shall be solely responsible for the comment posted here. The website reserves the right to delete, reject, or otherwise remove any views, opinions and comments posted or part thereof. You shall ensure that the comment is not inflammatory, abusive, derogatory, defamatory &/or obscene, or contain pornographic matter and/or does not constitute hate mail, or violate privacy of any person (s) or breach confidentiality or otherwise is illegal, immoral or contrary to public policy. Nor should it contain anything infringing copyright &/or intellectual property rights of any person(s).
I agree to the terms of use.