Several bankers have expressed concerns about the telecom sector’s ability to service Rs 4 trillion in debt.Great development for INDIA! Bankers who had remained, unconcerned till the unrecovered loan went up to 8 LAKH CRORES as against Gen.Bajwa of Pakistan concerning himself with 3.6 Laks crores of Foreign debt have now expressed CONCERN. “Bank recapitalization could require a monstrous Rs 4 trillion or more.”Why banks should be recapitalizes and the poor man must contribute at the rate of approx..Rs.5600 per head to accept in effect the looting of banks in the name of NPA.IT SHOULD NOT BE.POOR MAN Can NOT GIVE ALMS TO RICH MAN. Gross Value Added is estimated to grow at 6.7 per cent for 2017-18, a downgrade from the earlier 7.3 per cent estimate. Consumer inflation is expected to run at 4.2-4.6 per cent in the second half (October 2017-March 2018). RIL , Reliance Jio Infocomm (RJIL). Idea-Vodafone.What about the improvement in the income level of the bottom 40% of the people.How long we will keep hearing about the top 0.1% and then the Top 10% of the people.Please tell us something about the conditioin of the poor ordinary man.Where he stands in the ladder of equity after 70 years of legislating welfare laws and adjudicating measuresand where should be shared equally by society. as we are a constitution declared socialist country.r.PONNAMBALAM
Re: tell us about bottom 10%.have got bored hearing about Top 1%
by janga sridhar on Nov 02, 2017 10:11 PM
Welcome to the most populous nation in the world ! This is true across the globe, across countries barring a minor few. Look how happy you are rather than how rich you could have been.
Economy is well on the way towards development of the Nation. This has been commented by world economists and also the World Bank. In any case it is much better than the previous governments.
Bold decisions and change is appearing, but much below expectations, basically due to attitude of FM/PM considering whole country as tax evader. Notebandi people have forgotten, GST-typical compliance, penalties, rates and limits are main reason of lowering the graph of both. Let us see when FM/PM will become tax payers friendly instead of sucker.