Where is the money going?
- Thread starter TinTinSnowy
- Start date
TinTinSnowy
Adept
tech.monk
Adept
Also major questions to be answered here is Are Startups fuel to become global power?
Unicorn drive the growth (example SpaceX), these startups are Unicorn and not all startups quantify to be unicorn, which itself is a global truth. This data can be seen through Tiger Global like group which funds startups across globe - just see their profits out of each investment.
Even if we have bump in Investment, it will be temporarily jump unless those startups turn Unicorn or turn into large corporations.
Tab tak ke liye ye sab mungerilal ke haseen sapne hain
blr_p
Skilled
And where is your report on where the money is going ? i gave you the data.
Point is we took in lots more this year. This came at China's expense. The world is decoupling from China. The world has decided that India is the better bet.
What is misleading about that ?
India's future is bright
China's is in the toilet not to speak about the Paks. I'd be worried if i came from these countries.
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India’s economy isn’t the China hedge global investors imagine it to be
China regains favor with investors who deem India overvalued
economictimes.indiatimes.com
Commentary: India's economy isn't the China hedge global investors imagine it to be
History suggests that only the hardiest of investors can navigate India’s complex web of rules and regulations.
fortune.com
China regains favor with investors who deem India overvalued
China regains favor with investors who deem India overvalued
BlackRock Inc. has upgraded Chinese stocks as policy hurdles ease, saying “the time to position in China is now,” while trimming its exposure to Indian equities. Goldman Sachs Group Inc. and Nomura Holdings Inc. both downgraded Indian stocks in recent days, with the former upgrading offshore...
tech.monk
Adept
One more
economictimes.indiatimes.com
Seems like Numbers shown elsewhere and at WhatsApp University are way inflated than reality.
Corporate bond sales at 6-year low, 2022 may see uptick
Local bond sales by Indian companies plunged to a six-year low despite benign interest rates as higher commodity prices and demand uncertainty in the aftermath of Covid-19 curbs led boards to be rather conservative with capacity expansion.
Seems like Numbers shown elsewhere and at WhatsApp University are way inflated than reality.
Where is the money going ?
One eg., like this ?
Nearly 5,000 Indian millionaires, 2% of its high-net-worth individuals, moved abroad in 2020 - The great Indian outflow sets off another brain drain debate
www.deccanherald.com
One eg., like this ?
Nearly 5,000 Indian millionaires, 2% of its high-net-worth individuals, moved abroad in 2020 - The great Indian outflow sets off another brain drain debate
The great Indian outflow sets off another brain drain debate
Nearly 5,000 Indian millionaires, 2 per cent of its high-net-worth individuals, moved abroad in 2020, a report by the Global Wealth Migration Review found. About 16,000 Chinese and 5,500 Russian HNWIs exited their respective countries in the same year.
www.deccanherald.com
imad7x
Disciple
China's debt to GDP % is close to 50% while India's debt is at record high 74% GDP as of 2020. It was 50-55% in 2012 and 2014.
I'm certain you'll blame covid for this too so I'll point out that we crossed 70% debt:GDP in 2018.
Edit- India's GDP ratio increased to 90% during covid. Source
During COVID-19 pandemic, India’s debt to GDP ratio increased from 74 pc to 90 pc: IMF
India's debt to GDP ratio increased from 74 per cent to 90 per cent during the COVID-19 pandemic, the International Monetary Fund has said, noting that it expects this to drop down to 80 per cent as a result of the country's economic recovery.
www.financialexpress.com
As for Pak, they're poor for sure, so is majority of India and yet we're paying way above 100 for petrol while they're paying less than 60 per litre. Not just fuel but also necessities such as LPG gas costs almost double as compared to 7 years ago even though the international price for natural gas has significantly gone down.
tech.monk
Adept
Bhakts and even Ministers kept their tone of these funds used for vaccination and other social welfare schemes,
Innocent until proven guilty is to protect the public from the government. You are applying it in reverse.
The reason for such principles is that individuals are extremely powerless in front in governments, hence governments must be held to much higher standards. In the other hand, governments are supposed to be questioned relentlessly as they hold power over the people. So guilty until proven innocent is only a slight inaccuracy in the ideal behaviour - the exact one is "question until proven innocent". Which is happening here. Governments have resources to prove themselves innocent, funded by our money, so it is not unreasonable at all.
This is the case whether you personally like the ideology of the government, or not.
blr_p
Skilled
The same principle applies to govt. How else are you going to make the case then ?
You can challenge laws they pass in the courts and even sue them. But you need a basis and we can't apply another principle just because its govt.
Opposition can say whatever they want. And most times its just that.
Title of this thread is a leading question and assumes guilt at the outset.
They are accusing on the basis of what ? data is there, open to the public, open to parliament.
Use it and then this thread gets off the ground.
Kaleen Bhaiya
Skilled
Govt to own a third in Vodafone Idea, shares crash as questions remain
As of March 2021, the company’s total debt stood at Rs 1.80 trillion. The shares of Vodafone Idea cracked 14 percent in early deals
BSNL and MTNl after this decision..
lockhrt999
Disciple
I have a new theory which is called "too much revenue / debt"
When I last posted in this thread, our municipality had just replaced old lines and laid a new fine termac. Alas, when you have too much revenue you gotta spend it somewhere. So, within a few months our inner roads are stripped of their new tarmac and are being prepared for concrete.
I think most cities are generating too much tax revenue and are suffering from this problem. You got tax on tax and then you got cess on those taxes. Gotta spend it somewhere. I feel most corporators don't want to get elected for multiple terms. They are all content with making as much money they can from a single 5 year term alone.
I had a similar chat with a neighbor who's a retired Govt Employee. He said in TN, they have fixed amounts every municipality or panchayat has to mandatorily spend or be called upto explain why they did not spend it. So they use these 100days Job scheme and other venues to just show expense without anything fruitful coming out of it. The roads in my area were relaid just as Govt power was set to change and right before monsoon. They finished it couple of months before the monsoon and now after the monsoons are done, its as if the roads were never laid. Just spending for the sake of it.
Even local Councillor and ward member elections saw a lot of spending from the participants to get elected. That implies a level of fund flow that these people want to siphon off.
Kaleen Bhaiya
Skilled
CBI books ABG Shipyard for cheating banks worth ₹22,842 crore. Know all about India's biggest bank fraud case
One of the most prominent private sector shipping firms, the firm was booked for allegedly defrauding a consortium of 28 banks to the tune of ₹22,842 crore.
Someone took the definition of "Dahej" quite seriously!!
Kaleen Bhaiya
Skilled
Thou shan't talk about it ...
Kaleen Bhaiya
Skilled
Basically, govt wants to be a dalal of your data for monetisation.
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