So there are only two reasons FDI is not coming in - PRevious govt and upcoming govt. LOL I find the excuses made on behalf of Modi very entertaining. Blame everyone buy their own incompetence.yeah
It's not just Modi that is the problem, its no guarantee post Modi. These investments are long term and the current unwillingness of the govt to remove such a law and make it certain is the issue. Noody wants extra risk, they are looking to reduce it.
But govts are wont to give up taxing possibilities.
In the end this is just a panel, there is more work to do and remember if they pass anything that meets with disapproval they will retreat. See the PF and jewelers.
The country's finances are not in a good state. this administration has to fix the problems caused by the previous one. On top of that we had two drought years. They need to raise money whatever way they can and people are going to push back.
That's bullshit. There is no such document saying that. For a loan to go bad it takes 3 months. Yes a loan taken 3 months back can become a bad loan. these are all mixed loans.The corporate loans that we had to write off were all from UPA period and were just being rolled over. The RBI ensured either they were recovered or declared bad so that banks do not give them anymore loans, else it just continues. This move was supported by current government
FDI is coming in just not in the amounts desired. Does not matter. Do you know what is considered success every time they hold fairs to attract investors ? 10%. That's all.So there are only two reasons FDI is not coming in - PRevious govt and upcoming govt. LOL I find the excuses made on behalf of Modi very entertaining. Blame everyone buy their own incompetence.
Do tell, your state is facing one. Requires water flow, that water has to go through channels. Those channels need land acquired, they need capital to build. To top it all if you're a lower riparian the state upstream has to release enough water so you can get your share. If they face a drought you get less.Drough years have been there on and off. What do they people do to tackle droughts? There are set models across the word, measures we can take but who'l do that?
In 2013 the budget deficit was 5% of GDP. iow high. Why because of the consumption led growth we followed post 2009. There was no alternative the world economy went into a tailspin, we had to stimulate growth some how. The Chinese did the same and are now wobbling.BJP will never learn that midnset cause they are just another congress. They will tax the people till they are thrown out.
It sounds logical but comes with a lot of challenges regarding forest and wildlife and also land acquisitions. Some state in South has managed to merge some river, not impossible
There is no such differentiation between corporates and personal loans. Corporates only get an extra Corporate Debt Restructuring (CDR) which is what banks use to perpetuate loans to a point where nothing can be recovered.I am not interested in bull shit, and my response clearly mentioned it was RBIs push to declare bad roll over loan as NPAs. A personal loan becomes bad after 3 months, not a corporate loan, please come out of your bubble.
FDI was coming during congress rule too. Its always coming. Investors dont wait for govt jumlas when they see an opportunity.FDI is coming in just not in the amounts desired. Does not matter. Do you know what is considered success every time they hold fairs to attract investors ? 10%. That's all.
Here's one - http://qz.com/367875/an-ancient-tec...water-man-save-thousands-of-parched-villages/Do tell, your state is facing one. Requires water flow, that water has to go through channels. Those channels need land acquired, they need capital to build. To top it all if you're a lower riparian the state upstream has to release enough water so you can get your share. If they face a drought you get less.
This is a huge problem. The test of whether a govt stays or goes is the agricultural sector must show a growth of 10% since they came into office. Fail to do that and its curtains. Nobody gives a hoot about ideology. Best leader whatever. Gone. Period.
Saying and doing are two different things. IMO someone who says and doesnt do and someone who doesnt say, arent any different.We have had PM's who wanted to do this, morarji desai was one, Modi is another. No other leader gave a damn. Now saying is better than not saying. But realising would be still better
Yes, but lets forget that for a moment and ask have we been able to create an atmosphere thats even conducive to business? That provides a base for the businesses? Trained workforce? Ease of doing business? A tax system thats not predatory? A govt that's committed to reforms?In 2013 the budget deficit was 5% of GDP. iow high. Why because of the consumption led growth we followed post 2009. There was no alternative the world economy went into a tailspin, we had to stimulate growth some how. The Chinese did the same and are now wobbling.
To attract FDI requires an expectation of return. if nobody is buying then why invest. China has a lot of spare capacity, who wants to compete with that.
Next-up:
0.5% cess on oxygen. Details: The government spends crores of rupees on planting trees and engaging police and other security staff to look after the forests. This cess is a means to help pay these staff. lol. Should make a fine fakingnews article.
Wow. Its not tax, its a system to balance carbon emissions across the planet.You (and much of the world) have been paying oxygen tax for a while. The laws go under euphemisms like Carbon tax and Emission trading.
Congress gave loan to a company which Mallya was part of. They didn't give loan to a person. OTOH, BJP made Mallya, MP.For example Congress gave Mallya loans, BJP gave him a seat in the Rajya Sabha!
The end consumer will always bear the brunt.
Taxes are needed for obvious reasons, just don't tax everything under the sun because you can or the govt. (regardless of which party they belong to) thinks they can generate some revenue off of them. And don't tax things which can cause more damage than good. That said, the Swacch Bharat cess is the most useless tax ever!So what's the solution? Tax no one or Tax everyone( work in progress to include new entities under tax net) ?
Yeah? lol your incompetent jumlaman maybe needs to take lessons then from Kejriwal? ... this guy has turned out to be the biggest disappointment in the history.So what's the solution? Tax no one or Tax everyone( work in progress to include new entities under tax net) ?
Are you saying the govt is so incompetent that people will have to do such mainstream work to save our resources? Then why pay taxes? So Modi can go on Holidays abroad? LOL at the excuses given by bhakts. Not everyone has your IQ mate. Come back with some better retorts.@Party Monger .. If building water reservoirs is so simple you don't you take it up? A lot of corporates have CSR budgets and with right solution they would be happy to invest.