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Budget 2011: What is cheaper, what is costlier


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rajan singh
Books and Educational Material
by rajan singh on Feb 28, 2011 11:09 PM

This is shocking.
Here govt. promotes "Education for everyone, and at the same time making educational material costlier does not make sense.


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Rajan Singh
Books and Educational Material
by Rajan Singh on Feb 28, 2011 11:08 PM  | Hide replies

This is shocking.
Here govt. promotes "Education for everyone, and at the same time making educational material costlier does not make sense.


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venu pillai
Re: Books and Educational Material
by venu pillai on Mar 01, 2011 11:16 AM
no need to shock. this is there way to say something and act something. But cong govt do not want the poor to study. If they have knowledge then cong knows that the educated ppl will not vote for them.

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ashok goenka
Re: Re: Books and Educational Material
by ashok goenka on Mar 01, 2011 08:42 PM
Absolutely Right this govt really does'nt want to make India a developed nation.

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jatin mehra
Mobile Phones
by jatin mehra on Feb 28, 2011 11:00 PM

What a shocking news. our great FM has increased the duty on mobile phones from 4% to 5%. It means an increase of atleat rs 50 pre set ( based on a set price of Rs 5000 per set) for a poor person. Pls forgive me if poor people use costlier sets. So this change in duty is for poor public or mobile companies which only our FM can reply

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bango tango
money circulation
by bango tango on Feb 28, 2011 10:56 PM

According to data from RBI, our country has a GDP of approximately Rs.60 lac crores and a money circulation of approximately Rs.8 lac crores.
This means we have a 13.33% money circulation(money in circulation/GDP*100)
Now the question is what is so much money doing in our economy ?
If we take a simple conservative figure that every note changes 20 hands in an year it means:
Rs.1 generates a GDP of Rs.20.
So,
Rs.8 lac crores should be generating a GDP of Rs.160 lac crores. So where has the Rs.100 lac crores gone ???
This figure of 20 hand changes of a note during a year is very conservative. If we take it to be 50 then our GDP should be a massive amount of Rs.400 lac crores, meaning Rs. 340 lac crores of money is missing from our economy!!!
So where is this excess money ? Why cannot we see it ? Where is it gone ?
The answer is Black Money. And the location is Swiss Banks.
The question arises that when countries like US, UK, Canada, Russia, South Korea are maintaining a currency circulation of 3%-4% why does our country have a circulation of 13% ???
Baba Ramdev is still waiting for the answer from the Government…

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bango tango
Money Circulation ....
by bango tango on Feb 28, 2011 10:56 PM

According to data from RBI, our country has a GDP of approximately Rs.60 lac crores and a money circulation of approximately Rs.8 lac crores.
This means we have a 13.33% money circulation(money in circulation/GDP*100)
Now the question is what is so much money doing in our economy ?
If we take a simple conservative figure that every note changes 20 hands in an year it means:
Rs.1 generates a GDP of Rs.20.
So,
Rs.8 lac crores should be generating a GDP of Rs.160 lac crores. So where has the Rs.100 lac crores gone ???
This figure of 20 hand changes of a note during a year is very conservative. If we take it to be 50 then our GDP should be a massive amount of Rs.400 lac crores, meaning Rs. 340 lac crores of money is missing from our economy!!!
So where is this excess money ? Why cannot we see it ? Where is it gone ?
The answer is Black Money. And the location is Swiss Banks.
The question arises that when countries like US, UK, Canada, Russia, South Korea are maintaining a currency circulation of 3%-4% why does our country have a circulation of 13% ???
Baba Ramdev is still waiting for the answer from the Government…

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ck narayanan
have money to study
by ck narayanan on Feb 28, 2011 10:56 PM  | Hide replies

Budget suggest that basic learning is to become costly.

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Arindam Das
Re: have money to study
by Arindam Das on Feb 28, 2011 11:03 PM
Mockery of Eduction ... Education is becoming more costly day by day. Instead of giving 100 Cr to educate the AMU, they should have open some more GOVT school in various art of the country .

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Arindam Das
Pranab Mollah !!!
by Arindam Das on Feb 28, 2011 10:55 PM  | Hide replies

How much more you want to give this minority people.
1. Exclusively Muslim University
2. Mosque upgradation
3. 12 PSU bank in small town
4. All kind of business license to Minority people

What next ? EID Mubarak ...

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Mani S
Re: Pranab Mollah !!!
by Mani S on Mar 01, 2011 11:48 AM
All this would lead only to one thing down the line. Civil war.

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bango tango
Money Circulation ....
by bango tango on Feb 28, 2011 10:54 PM

According to data from RBI, our country has a GDP of approximately Rs.60 lac crores and a money circulation of approximately Rs.8 lac crores.
This means we have a 13.33% money circulation(money in circulation/GDP*100)
Now the question is what is so much money doing in our economy ?
If we take a simple conservative figure that every note changes 20 hands in an year it means:
Rs.1 generates a GDP of Rs.20.
So,
Rs.8 lac crores should be generating a GDP of Rs.160 lac crores. So where has the Rs.100 lac crores gone ???
This figure of 20 hand changes of a note during a year is very conservative. If we take it to be 50 then our GDP should be a massive amount of Rs.400 lac crores, meaning Rs. 340 lac crores of money is missing from our economy!!!
So where is this excess money ? Why cannot we see it ? Where is it gone ?
The answer is Black Money. And the location is Swiss Banks.
The question arises that when countries like US, UK, Canada, Russia, South Korea are maintaining a currency circulation of 3%-4% why does our country have a circulation of 13% ???
Baba Ramdev is still waiting for the answer from the Government…

    Forward  |  Report abuse
bango tango
Money Circulation ....
by bango tango on Feb 28, 2011 10:53 PM

According to data from RBI, our country has a GDP of approximately Rs.60 lac crores and a money circulation of approximately Rs.8 lac crores.
This means we have a 13.33% money circulation(money in circulation/GDP*100)
Now the question is what is so much money doing in our economy ?
If we take a simple conservative figure that every note changes 20 hands in an year it means:
Rs.1 generates a GDP of Rs.20.
So,
Rs.8 lac crores should be generating a GDP of Rs.160 lac crores. So where has the Rs.100 lac crores gone ???
This figure of 20 hand changes of a note during a year is very conservative. If we take it to be 50 then our GDP should be a massive amount of Rs.400 lac crores, meaning Rs. 340 lac crores of money is missing from our economy!!!
So where is this excess money ? Why cannot we see it ? Where is it gone ?
The answer is Black Money. And the location is Swiss Banks.
The question arises that when countries like US, UK, Canada, Russia, South Korea are maintaining a currency circulation of 3%-4% why does our country have a circulation of 13% ???
Baba Ramdev is still waiting for the answer from the Government…

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Indian Ullu
No taxation is necessary if
by Indian Ullu on Feb 28, 2011 10:50 PM

all black money are brought to white and circulated !
WHEN ITS A FACT WHY THERE IS NO CONSIDERATION ON IT?
It means the Govt is hiding still true economic facts from people who have started understanding the frauds!
Straight talk is this kind of budget is gaining permission with amounts earmarked for loots!
Expenditure forecast as well as actuals are never told!


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