lazybugger Posted November 17, 2016 Report Share Posted November 17, 2016 1 minute ago, batman said: 65% india is youth and mobile smart phone penetration is huge even in remote villages too. if a person can read the number on a currency note, then he can surely be trained to read his digital transaction on phone or read his rubay debit card statement on it. as it is laga unte next 1000 yrs alage untaru. people need to be forced to change the economic behavior for good. it can be done, you dont need great education for that so they don't have to understand their card statements? Indian 'youth' are not 100% literate. koncham speed taggisthey manchidi. The reason India cannot achieve Chinese level of growth is because about one third of our potential workforce is illiterate. Link to comment Share on other sites More sharing options...
BUDDY Posted November 17, 2016 Report Share Posted November 17, 2016 4 minutes ago, Kalla_bolli_babu said: Mana babu idea ani chankalu guddukunnaru day1 lol. Amaravathi lo rates padipogane modi bodi ayyada Link to comment Share on other sites More sharing options...
lazybugger Posted November 17, 2016 Report Share Posted November 17, 2016 1 minute ago, batman said: before 2019 he will announce a big welfare scheme for poor and he will say its funded by the black money recovered. then you can hear har har modi slogans again in his rallies. modi is not vajpayee to do all good work and stay silent. he will beat drums and he knows how to do it. Include Manmohan Singh also. If the 2-4 lakh crore is true, informal economy will be in serious trouble. most will simply take the money, say har har modi, and vote for the other guy (like how tamils do). Link to comment Share on other sites More sharing options...
TheBrahmabull Posted November 17, 2016 Report Share Posted November 17, 2016 @lazybugger a.k.a @VizagRocks podduna lesthe india n indians sanka nakakapothey nidra pattadu.. ... Arey @psyc0pk ninnu arey ante lesindi endi roo .. bacha ga.. . Podduna lesthe Jagan gadini , sakshi TV ni tidathav, malli siggu lekunda vadi TV lo vochina video chupetti Modi ni tidutunnava ? Way to go a.hole. Ninnu arey anodda ? nuvvu loude gadivi half KT gadivi bodi anochu , kani paisa ki panikirani howlegadivi ninnu arey ante lesindara ? iga vochi handsup cheppi , padhathi ledu ani arichi po.. Link to comment Share on other sites More sharing options...
lazybugger Posted November 17, 2016 Report Share Posted November 17, 2016 India cannot be a cashless economy. I've seen graduates from India struggle to write coherent sentences, or sometimes struggle to fill up forms. Modi is living in some dream world. Link to comment Share on other sites More sharing options...
mastercheif Posted November 17, 2016 Report Share Posted November 17, 2016 9 minutes ago, Kalla_bolli_babu said: Kaadu.. Jai ysr - true leader what did u do to our raitu bidda man ? Link to comment Share on other sites More sharing options...
batman Posted November 17, 2016 Report Share Posted November 17, 2016 13 minutes ago, lazybugger said: let me guess. govt will take this 2-4lakh crores from the system, and invest it in what? mostly urban infrastructure, right? so again, transfer of money from poor to rich. good move by Modi. apart from funding welfare schemes for poor, recapitalized banks with lower lending rates will help business to invest in new projects and thus generating jobs for the poor and labour. its a way of kickstarting a cycle. however since you dont understand capitalism, you will continue to be cynical. Link to comment Share on other sites More sharing options...
nenunanu Posted November 17, 2016 Report Share Posted November 17, 2016 Trp taadu mari BODI LINGAM ni NAKKA , he is visionary our PM ani dostana chesinapudu ekadiki poyadu ee pscobk 😀. Nakka em chesina lokakalnankosame, ballaya emchesina LOKESH kosame anattu collar egeresi bathroom lo tirgutadu Link to comment Share on other sites More sharing options...
batman Posted November 17, 2016 Report Share Posted November 17, 2016 4 minutes ago, lazybugger said: India cannot be a cashless economy. I've seen graduates from India struggle to write coherent sentences, or sometimes struggle to fill up forms. Modi is living in some dream world. it will not happen overnight. this is a first step towards that direction. i salute modi for having the guts to do it Link to comment Share on other sites More sharing options...
batman Posted November 17, 2016 Report Share Posted November 17, 2016 11 minutes ago, lazybugger said: Include Manmohan Singh also. If the 2-4 lakh crore is true, informal economy will be in serious trouble. most will simply take the money, say har har modi, and vote for the other guy (like how tamils do). formal economy is better than informal even for the poor Link to comment Share on other sites More sharing options...
lazybugger Posted November 17, 2016 Report Share Posted November 17, 2016 Just now, batman said: apart from funding welfare schemes for poor, recapitalized banks with lower lending rates will help business to invest in new projects and thus generating jobs for the poor and labour. its a way of kickstarting a cycle. however since you dont understand capitalism, you will continue to be cynical. dial down the condescension a bit dude. I've been a trader, and an junior partner for enough time to understand how 'capitalism' works. why would the lending rates be particularly lower, once banks are recapitalized? Any special reason? Why can't the govt. do this by printing its own money and increasing the currency supply? the demonitization is an useless move, that won't benefit much, but will bring much misery. Link to comment Share on other sites More sharing options...
lazybugger Posted November 17, 2016 Report Share Posted November 17, 2016 4 minutes ago, batman said: it will not happen overnight. this is a first step towards that direction. i salute modi for having the guts to do it It looks like he's trying to fly before he can crawl. Hope he falls on his face. Link to comment Share on other sites More sharing options...
batman Posted November 17, 2016 Report Share Posted November 17, 2016 13 minutes ago, lazybugger said: Include Manmohan Singh also. If the 2-4 lakh crore is true, informal economy will be in serious trouble. most will simply take the money, say har har modi, and vote for the other guy (like how tamils do). do you think informal economy benefits poor farmers? if it is so then after decades why is their condition like that. only beneficiaries were rich farmers and traders. formalizing rural economy will make traders difficult generate black income. so formal any day better than informal Link to comment Share on other sites More sharing options...
lazybugger Posted November 17, 2016 Report Share Posted November 17, 2016 3 minutes ago, batman said: formal economy is better than informal even for the poor How? Is India's taxation system that good? Link to comment Share on other sites More sharing options...
batman Posted November 17, 2016 Report Share Posted November 17, 2016 4 minutes ago, lazybugger said: dial down the condescension a bit dude. I've been a trader, and an junior partner for enough time to understand how 'capitalism' works. why would the lending rates be particularly lower, once banks are recapitalized? Any special reason? Why can't the govt. do this by printing its own money and increasing the currency supply? the demonitization is an useless move, that won't benefit much, but will bring much misery. lending rates are directly proportional to cash balance for banks. rbi will cut rates too coz of deflation by note ban Link to comment Share on other sites More sharing options...
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