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Centre not seeking Rs 3.6 lakh cr from RBI, says official


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Debasish Mukherjee
BJP/MODI GOVT.MUST BE HELD RESPONSIBLE FOR CREATING ECONOMIC MESS
by Debasish Mukherjee on Nov 10, 2018 01:26 AM

Narendra Modi, Arun Jaitley must not be allowed to go scot free after creating economic mess in the country.Surprisingly,how other BJP ministers & leaders still remain silent witnessing so much of destructive activities of three masketeers Narendra Modi, Arun Jaitley & Amit Shah. Many literate BJP leaders are certainly aware of that Narendra Modi & Amit Shah are not matured nor literate enough to lead the country and it was Arun Jaitley whose strong advocacy made Narendra Modi the P.M. Arun Jaitley had his mischievous intention behind advocating for Narendra Modi to be the P.M. so that he can dictate his terms and grab all the powers.First Arun Jaitley did hit the MSME & Farm sectors asking the then R.B.I. regime to impose credit restrictions on these two segments in 2015 which affected severely India's GDP, these two sectors being the major contributors to GDP for any country. Then Jaitley hiding from behind the scene directed Narendra Modi to announce Demonetisation in Nov.2016 which totally destroyed the MSME & Agriculture sectors giving a serious blow to India's real economic situation. Jaitley's vague urgument that Demonetisation has increased submission of tax return numbers is not at all tenable as increase of tax return numbers mainly due to increase of income factors viz. considering annual increments, salary revisions of Govt. & private sector employees are two major factors for increasing tax return numbers. It is Arun Jaitley have to pay

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piri
What the komaaaali Modi govt
by piri on Nov 10, 2018 12:04 AM

means, of course, is that it can wait a few months more for that Rs 3.6 lakh crores from the central banks reserve.

It knows only too well that its Achilles heel in the coming LS election in 2019 would be the farm crisis issue.

The komaaaali Modi govt has virtually torpedoed the Indian economy from several directions - demonetization, ill designed GST, record levels of corruption, joblessness, crony capitalism....

But it perhaps senses that the most fatal flaw it is guilty of is the huge agrarian distress (that has been made much worse by it than it was before it assumed power in 2014).

And so the komaaaali Modi govt sees no way other than to hastily give away a couple of lakhs of crores as farm loan waivers in different states just before the election code of conduct kicks in early next year !

So far, the BJP was banking almost entirely on the komaaaaalis high pitched nasal grating voice and stage theatrics and stage costumes and diversionary hyndu....muxlim....hyndu....national....anti national.....Pakistan.... chants to cover up those massive failures of governance it is guilty of.

But it senses now that those failures have begun to show so conspicuously that even the dumbest commoners on earth - a large segment of North Indians - might begin to turn away from the komaaaalis shrill nasal brayings to look at those failures !

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Sane Voice
RBI dividend payout
by Sane Voice on Nov 09, 2018 11:50 PM

After widespread protests from within and outside RBI, the government has performed volte-face by 'clarifying' that it never asked for higher dividend payout from RBI. How long will the government keep on resorting to such techniques?

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