Oil prices decreased day by day, now the actual price would be below Rs.50, when increases public has to pay, but when decreases govt is taking our hard earning money (in this tax payers money PM is enjoying / holidaying in abroad) Satru correctly said : a defeat man is holding 03 important cabinet, what a Modi magic !!
Re: waste & worst !!
by Kundapur Kumar on Feb 22, 2016 12:25 AM
No economist agrees that oil price decrease will be proportionately decrease petrol/diesel price. Because the bulk tax over the oil will not be decreased. The subsidy burden which used to borne by the upstream oil companies need to be zeroed as up stream oil companies like ONGC/OIL are on low profit or on losses due to low oil price.
Unfortunately, Mr. Jaitley is not performing. The reasons are as follows: 1) Banks not made accountable for giving bad loans, sometimes under pressure too 2) He should not waive off the NPA's, as this means tax payers money is going for a toss 3) He is trying to get out more money from the tax payers, when prices of essential items is still very high 4) Oil prices are low, that has not been passed on to the consumers 5) Unable to pass the GST bill on time In short, looks like we have an FM with no clarity and directionless
Re: Do we have an FM with clarity and direction?
by paul theo on Feb 21, 2016 03:05 PM
WORST F.M. THAT WE EVER HAD. BUNCH OF CROOKS, PLAYING DIRTY POLITICS. CRUDE OIL IS CHEAPER THAN BOTTLED WATER BUT THE F.M. CONTINUES TO LOOT US ALL.
Re: Do we have an FM with clarity and direction?
by paul theo on Feb 21, 2016 03:07 PM
HE IS ONLY THERE TO PLEASE THE RICH AND FAMOUS, NO PLACE FOR COMMON MAN. FARMERS CONTINUE TO DIE. DAL CONTINUES TO SELL AT RS 220 PER KG. ACCHE DIN FOR THE BJP ALONE.
Re: Do we have an FM with clarity and direction?
by Ajubabu on Feb 21, 2016 06:12 PM
when PM is mediating for Adani in abroad for SBI loan even after 2000 crore loan, then what he can do ???
Bank managers should be fully accountable for the loans they recommend for disbursal. They should be held responsible for bad loans. A system of reporting and documenting pressures on them by politicians to grant undue loans should be instituted and criminal offence of laundering of public funds instituted against the external agencies. Ensure recoveries from them from all their sources and severe punishment for such offences. Recovery by selling off all defaulter's properties (or company promoters) and close relatives should be effected. Such actions only can prevent waywardness.
So far worst, we have not elected BJP for such FM who is always punishing tax payers by way of more and more people in tax net by way of putting more and more items into tax.
Why Arun Jaitly approved 25 thousand crore for bad loan, NPA is very bad. Why people tax paid hard earn money will be looted by cheater who cheated the Bank for their personal luxury is scam. Why government supporting Scam by funding the bad loan. Government will not be allowed pay tax money to bank for bad loan. Arun Jaitly taken wrong decision supporting corruption for their personal benefit.
Re: best M
by Ajubabu on Feb 21, 2016 06:16 PM
he has the experience how to LOOT why he is crying to expel Kirti Ji, if brave man, resign & ask for SC appointed Enquiry committe, if not proved jumped to Dy Pm else go to jail for life long !!
He is the worst finance minister and has failed miserably. He has been unable to bring any relief to any Indian household.On the contrary he is interested only in raising service tax for plundering money from middle class who sometimes visit restaurant, pay insurance premiums, telephone bills and bring financial liability on them.Instead of raising service tax he shoulduse some other options.