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Indian economy ko vanakkam


kakatiya

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20 minutes ago, Bestguy said:

Are they taking loan from RBI or they are using all the reserves saved for future purpose??

Not loan direct transfer.. one of the highest in history...

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22 minutes ago, Mitron said:

enti ee transformation @lovemystate

modi kaadu prathi kazana ni khaali chestunnadu...when public sector or govt owned enterprises(like RBI) make profit they have two options

a) keep the profit and re-invest within the organization so it can perform better

b) give it to government as dividend

modi is forcing RBI to give it up to him to finance his fiscal deficit which is sky high.

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2 minutes ago, Staysafebro said:

Free market capitalism is the best path to prosperity annaru peddalu ra beta ga.

How does RBI giving money to the Govt indicate free market? Shouldn't RBI be private if it were truly to be a free market? Department of treasury≠RBI.

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Previous modi did the same to ONGC ..he forced profits of ONGC to his govt and in return gave ONGC the worthless shares of gujarat state petrol. So basically ONGC lost its money and is held holding worthless gurjarat stock. That way modi grabbed cash and bailed out his gujarat company.

https://scroll.in/article/898171/ongc-woes-how-modi-government-drove-indias-most-profitable-company-under-a-mountain-of-debt

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2 minutes ago, Meow said:

How does RBI giving money to the Govt indicate free market? Shouldn't RBI be private if it were truly to be a free market? Department of treasury≠RBI.

you are correct RBI is not department of treasurey  ..its a seperat govt entity which made profits and being gobbled by modi.

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5 minutes ago, Meow said:

How does RBI giving money to the Govt indicate free market? Shouldn't RBI be private if it were truly to be a free market? Department of treasury≠RBI.

Whoosh ... it is a famous quote by Larry kudlow before the recession. It is not related to the topic at all.

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28 minutes ago, kakatiya said:

Not loan direct transfer.. one of the highest in history...

Ninnane ga told 1.76 Lakh crores are being transferred from RBI to Government ani.. 

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In 2007/2008  India recession thattu kundhi ante Indian banking sector chala role play chesindhi... but Modi valla esari recession vasthe situation bad untadhi ani feeling vasthundi...

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41 minutes ago, battu said:

In 2007/2008  India recession thattu kundhi ante Indian banking sector chala role play chesindhi... but Modi valla esari recession vasthe situation bad untadhi ani feeling vasthundi...

one would think large population sizes and big unorganized sectors were betters absorbers of economic shocks but hmm 🤔 

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