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Manmohan Singh statement on demonetization .. worst is yet to come and ... now....


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1 hour ago, prasadr said:

 

 

To all the Kojjas who said MMS is better, please watch the video.

The same MMS who saw even lower GDP is now preaching Modi.

 

And Kojjas who are abusing Modi & praising MMS, do watch the video, if possible repeatedly.

adhi ala 

 

GratefulVioletAtlanticblackgoby-max-1mb.

 

nee debbaki all antis out anthe.

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2 hours ago, prasadr said:

 

 

To all the Kojjas who said MMS is better, please watch the video.

The same MMS who saw even lower GDP is now preaching Modi.

 

And Kojjas who are abusing Modi & praising MMS, do watch the video, if possible repeatedly.

Orey kojja nayala akkada GDP 5% unnadi ani kadu matter future inka worse unnadi ani intent and it is trending downwards with no sign of pick up in the near term. Lavada gallu moyataniki vachestaru..MNS gadu PM unnapudu meru mee modi em criticize cheya leda? criticism kuda tesukoka pote you guys don’t deserve it..

 

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5 hours ago, hyperbole said:

Orey kojja nayala akkada GDP 5% unnadi ani kadu matter future inka worse unnadi ani intent and it is trending downwards with no sign of pick up in the near term. Lavada gallu moyataniki vachestaru..MNS gadu PM unnapudu meru mee modi em criticize cheya leda? criticism kuda tesukoka pote you guys don’t deserve it..

 

 

naanna chitti Kojja,

Mee intent endho maaku baga thelusu kaani, poyi pulusu chesuko..

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Chitti Kojjalu need to watch what MamMohan Singh best friend and fellow looter said about 4.4% under COng

 

 

 

I am not against politicians to question the govt about slowing economy. It is their duty and as opposition they MUST question the govt.

 

WHAT   I   AM    AGAINST  IS   CHITTI KOJJALU    MAKING   MANMOHAN SINGH    AS SOME GREAT ECONOMIST AND HIT AT MODI.

STOP   LYING   CHITTI  KOJJAS.

 

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2 hours ago, prasadr said:

 

naanna chitti Kojja,

Mee intent endho maaku baga thelusu kaani, poyi pulusu chesuko..

anadru ayyagarlu ayite mari kodi evadu dongalinchdu ra bewakoof

MNS kudichundu anuko vanni benchmark tesukoni enduku  compare chestunnavu  ra kojja bhakat ..ante modi gadu kuda kodichenatte kada. Congress ni anduke kada lepi pakkana pettinaru 2nd term taruvata

ekkada congress sympathizers evvaru leru unnadi unnatu matladukuntunnamu.. adi kuda noppi ayite poyi evandanna kuduvu

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1 hour ago, prasadr said:

Chitti Kojjalu need to watch what MamMohan Singh best friend and fellow looter said about 4.4% under COng

 

 

 

I am not against politicians to question the govt about slowing economy. It is their duty and as opposition they MUST question the govt.

 

WHAT   I   AM    AGAINST  IS   CHITTI KOJJALU    MAKING   MANMOHAN SINGH    AS SOME GREAT ECONOMIST AND HIT AT MODI.

STOP   LYING   CHITTI  KOJJAS.

 

Nuvvu cheppinatu MNS laffot gadu ayite Modi couple of months ago MNS intiki em gudvaniki poyindu? I appreciate Modi’s spirit to seek ideas but mee lanti bhakats ee pathetic fake news mongers. 

 

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13 minutes ago, hyperbole said:

Nuvvu cheppinatu MNS laffot gadu ayite Modi couple of months ago MNS intiki em gudvaniki poyindu? I appreciate Modi’s spirit to seek ideas but mee lanti bhakats ee pathetic fake news mongers. 

 

 

Chitti Kojjas are really dumb,

That video is from 2014.

 

And the meeting had nothing to do with economy, it was a PM elect meeting the previous PM.

 

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17 minutes ago, prasadr said:

 

Chitti Kojjas are really dumb,

That video is from 2014.

 

And the meeting had nothing to do with economy, it was a PM elect meeting the previous PM.

 

May be I was blind sided by the tweet it was posted, matter is did he go or not?..Avunu ra bhai nuvvu poyi choosinavu kada leka neeku chepinda modi vachi vallu em matldukunnaro

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India's car market just had its worst month in 18 years. 1 million jobs are at risk

New Delhi (CNN Business) — Just two years ago, India's huge car market was booming and global players were rushing to invest. Now it's been slammed into reverse.

Sales of passenger vehicles plunged 31% in July, according to figures released by the Society of Indian Automobile Manufacturers (SIAM) on Tuesday. It's the ninth straight month of declines and the sharpest one-month drop in more than 18 years, SIAM Director General Vishnu Mathur told CNN Business. 

"This is a very deep sort of a slump that is impacting every segment of the industry," Mathur said. 

India had been a bright spot for carmakers until recently, with annual sales of passenger vehicles rising by about 33% over the past five years.

Big global players like Hyundai and its subsidiary Kia have invested billions to expand their footprint in the country, and new players like Chinese state-run carmaker SAIC have also tried to grab a slice of business. 

Before the slump hit, India was predicted to overtake Germany and Japan to become the world's third largest car market by 2020 — behind only China and the United States. 

But the country's biggest carmakers are now struggling. New safety and emission regulations have driven up prices, troubles among India's consumer finance providers have hit lending and a broader economic slowdown has made consumers reluctant to spend.

Maruti Suzuki, which accounts for roughly half the passenger cars sold in India, reported a 36.7% drop in vehicle sales in July. Sales at Tata Motors (TTM), which owns Britain's biggest carmaker Jaguar Land Rover, plunged 31%. 
Mahindra & Mahindra (MAHMF), the leading Indian manufacturer of electric vehicles, suffered a 17% slump. It said last week that it would have "no production days" at several plants for up to 14 days this quarter to manage falling sales. 
Global rivals are also suffering. South Korea's Hyundai (HYMTF), the No.2 player in India, saw its sales fall 10% in July compared to the same month last year, while Japanese giant Toyota (TM)fell 24%.

 

Thousands of jobs lost 

 

The slump has prompted companies to slash over 330,000 jobs through the closing of car dealerships and cutbacks at component manufacturers, Mathur said, citing data from industry associations that govern those two sectors.

The Automotive Component Manufacturers Association of India warned in a statement last month that its "crisis-like situation" could result in a million people being laid off. 

Carmakers in India have directly axed at least 15,000 temporary workers, according to Mathur. 

"The industry has stopped all fresh recruitments," he added. 

Auto industry representatives are calling on the government to help bail out the sector as it has done in the past, Mathur said. They're asking for tax cuts and other steps to get the market moving again. 

India is one of several big car markets to face a major slump, as the global car industry struggles with trade tensions, an economic slowdown, new technologies and regulatory changes. The world's biggest car market, China, shrank for the first time in more than two decades in 2018.
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5 minutes ago, hyperbole said:

India's car market just had its worst month in 18 years. 1 million jobs are at risk

New Delhi (CNN Business) — Just two years ago, India's huge car market was booming and global players were rushing to invest. Now it's been slammed into reverse.

Sales of passenger vehicles plunged 31% in July, according to figures released by the Society of Indian Automobile Manufacturers (SIAM) on Tuesday. It's the ninth straight month of declines and the sharpest one-month drop in more than 18 years, SIAM Director General Vishnu Mathur told CNN Business. 

"This is a very deep sort of a slump that is impacting every segment of the industry," Mathur said. 

India had been a bright spot for carmakers until recently, with annual sales of passenger vehicles rising by about 33% over the past five years.

Big global players like Hyundai and its subsidiary Kia have invested billions to expand their footprint in the country, and new players like Chinese state-run carmaker SAIC have also tried to grab a slice of business. 

Before the slump hit, India was predicted to overtake Germany and Japan to become the world's third largest car market by 2020 — behind only China and the United States. 

But the country's biggest carmakers are now struggling. New safety and emission regulations have driven up prices, troubles among India's consumer finance providers have hit lending and a broader economic slowdown has made consumers reluctant to spend.

Maruti Suzuki, which accounts for roughly half the passenger cars sold in India, reported a 36.7% drop in vehicle sales in July. Sales at Tata Motors (TTM), which owns Britain's biggest carmaker Jaguar Land Rover, plunged 31%. 
Mahindra & Mahindra (MAHMF), the leading Indian manufacturer of electric vehicles, suffered a 17% slump. It said last week that it would have "no production days" at several plants for up to 14 days this quarter to manage falling sales. 
Global rivals are also suffering. South Korea's Hyundai (HYMTF), the No.2 player in India, saw its sales fall 10% in July compared to the same month last year, while Japanese giant Toyota (TM)fell 24%.

 

Thousands of jobs lost 

 

The slump has prompted companies to slash over 330,000 jobs through the closing of car dealerships and cutbacks at component manufacturers, Mathur said, citing data from industry associations that govern those two sectors.

The Automotive Component Manufacturers Association of India warned in a statement last month that its "crisis-like situation" could result in a million people being laid off. 

Carmakers in India have directly axed at least 15,000 temporary workers, according to Mathur. 

"The industry has stopped all fresh recruitments," he added. 

Auto industry representatives are calling on the government to help bail out the sector as it has done in the past, Mathur said. They're asking for tax cuts and other steps to get the market moving again. 

India is one of several big car markets to face a major slump, as the global car industry struggles with trade tensions, an economic slowdown, new technologies and regulatory changes. The world's biggest car market, China, shrank for the first time in more than two decades in 2018.

 

Chitti Kojjas are probably not looking at the global picture,

Car sales are down across the world purely because the world slowly moving away from Fossil fuel guzzlers to Electric ones, you should check China numbers.

 

Coming back to topic,

in 2013, GDP % was at 4.8%

Inflation at 11%, so, in effect economy was in negative 6.2%

 

Today, economy at 5%

Inflation at 2.5%, it is a net positive 2.5%

 

Kojjas who look at only GDP % and not others are as dumb as Manmohan Singh.

USA has very little GDP% but then their inflation is near zero,

 

Growth is a combination of multiple indicators dear kojjas, GDP% is just one among them.

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1 hour ago, prasadr said:

 

Chitti Kojjas are probably not looking at the global picture,

Car sales are down across the world purely because the world slowly moving away from Fossil fuel guzzlers to Electric ones, you should check China numbers.

 

Coming back to topic,

in 2013, GDP % was at 4.8%

Inflation at 11%, so, in effect economy was in negative 6.2%

 

Today, economy at 5%

Inflation at 2.5%, it is a net positive 2.5%

 

Kojjas who look at only GDP % and not others are as dumb as Manmohan Singh.

USA has very little GDP% but then their inflation is near zero,

 

Growth is a combination of multiple indicators dear kojjas, GDP% is just one among them.

Abey andhe kojja bhakat..elanti fake pakodi numbers esukoni tappa meeru chesidi em ledu ra beeakoof ullukepatte

49% of India’s manufacturing GDP comes from auto sector and that’s why I posted the news article above. The sector has been hurting mostly because of high taxes on auto sales. If you buy a diesel car like XUV/Creta, we end up paying 28% GST plus a cess of 15%(43% plus and some places charge SGST also factored into the price ). Apart from it, around 1.3 lakhs is shed on vehicle registration charges, around 1 lakh on insurance. 

16 of GDP % is contributed by agriculture and it’s been that way the last couple of decades and what has Modi differently to improve the produce?

Coming to FDI, China this year has got $85 billion Foreign Portfolio Investments, whereas we were having $10 billion of FPI's in June end, and now have only $8 billion  left. 2 billions have already left in July after a weak budget.has modi improved the ease of doing business and/or modified any laws to attract investors..same old same old..

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1 hour ago, prasadr said:

 

Chitti Kojjas are probably not looking at the global picture,

Car sales are down across the world purely because the world slowly moving away from Fossil fuel guzzlers to Electric ones, you should check China numbers.

 

Coming back to topic,

in 2013, GDP % was at 4.8%

Inflation at 11%, so, in effect economy was in negative 6.2%

 

Today, economy at 5%

Inflation at 2.5%, it is a net positive 2.5%

 

Kojjas who look at only GDP % and not others are as dumb as Manmohan Singh.

USA has very little GDP% but then their inflation is near zero,

 

Growth is a combination of multiple indicators dear kojjas, GDP% is just one among them.

hahahah ..ignorant bhaktard spotted ...5% gdp is already discounting inflation ra yerri pappa...this is "real" gdp growth.

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