Real estate & construction now say not growth is back.What do they say about the unreturned bank loans ?Don’t we have to question it?. Uptick in exports -------- accompanied by an uptick in imports,-- points to revival of domestic demand.” Good economy might be coming not just from demand ;may be from how well the resource input gets used by us to meet the demand. Does our country stand well in that domain.Uptick in exports after -- months of shrinkage--- accompanied by an uptick in imports, which points to revival of domestic demand. Revenue buoyancy is invariably a sign of an economic upturn.” Why had there been a de facto poor revenue collection with all the loop holes and why the Business had not given due Revenue submission that now the Govt.has to intervene.Now what is the contribution of illegal sector or informal which was boasted as 47% when many articles appeared reviling demonetization but one from Mr.Yunis which read something like this”Demonetization anyhow has to happen but when?”The corporate sectors with it’s 28-35 year old family member directors, all phenomenally efficient and bankers who enjoyed the privilege and other accruals from it of loan-granting without earning and having had ownership of that money should pay that money and make solution .When Public sector Industries were much in vogue the Pvt. Sector used to say it is not the job of Govt.to run business.Now why should Govt..in
El Nino has always been a cause of concern. February March onwards we anxiously wait to hear the behaviour of it. If at all it is a matter of concern this year then let us hope and pray that the impact is minimal.
