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An RBI governor, two finance ministers and a quiet war


Total 5 messages Pages | 1
Bhushan
Banks are failed
by Bhushan on Oct 31, 2018 11:22 AM

Finance Minister is right person.
banks has not recovered money.

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Truth Prevails
RBI wants more freedom
by Truth Prevails on Oct 30, 2018 10:32 PM

RBI wants more freedom so they can give away more illegitimate loans and some bank officials can continue to get their cut


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arungopal agarwal
Financial discipline
by arungopal agarwal on Oct 30, 2018 12:42 PM  | Hide replies

At any moment, govt. never kept any financial discipline in paying salary, perqs. and pension to govt. servants and politicians. Should there not be a ratio of tax collection vs. this expenditure Head. Today in railway itself pension impact is more than 25% of total revenue of railway earning, can any services bear this load, similarly biggest burden on govt. is to pay DA linked pension and retiree benefits on medical etc., average age of govt. servants only have gone up by 25 years, as such liability of govt. to pay them DA linked pension has gone very huge, no correction is made, impact of Central Govt. itself may be around Rs.3 lakhs crore.
Who will take this fiscal correction, FM and PM has bowed down, rather daily trying to pacify various deptts. who are also demanding similar pension and retiree benefits.
All such is happening at tax payers cost and cost of development.
We are wasting our time on unwanted and uncalled debates even on unwanted economic reforms, no one is serious for this heaviest liability of govt. including politicians, judiciary and media, as it affects their own carry home. No one is with common man.


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Rakesh Dandekar
Re: Financial discipline
by Rakesh Dandekar on Oct 30, 2018 01:19 PM
who is a common man you dont have mobile, not wearing cloths, not eating foods, not sleeping in night yo have no family who says you are a common man. only common people are politicians, govt employees, ministers, president, governot etc they are living with tax payers mercy. if tax payers to stop to pay and gone against govt then what happen in this country. not this is not far away this will come very shortly ilel all tax payers directly or indirectly will stop to pay income tax even govt cant do any thing. if they forced then there will be havoc and cant control by govt. wait and see either this govt govt or any coming govt.

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Gladyschellam
Re: Re: Financial discipline
by Gladyschellam on Oct 31, 2018 10:13 AM
Mr. Arungopal Agarwal: Can you quote at any point of time - during the budget, the government allotted funds or provision made FOR PENSION PAYMENTS. Then as to how you could say, as if Payment of Pension is Tax-Payers money.

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