Our Indians’ Money – 70,00,000 Crores Rupees In Swiss Bank* 1) Yes, 70 lakhs crores rupees of India are lying in Switzerland banks. This is the highest amount lying outside any country, from amongst 180 countries of the world, as if India is the champion of Black Money. 2) German Government has officially written toContinue reading “70,00,000 Crores Indian Rupees In Swiss Bank….wat a great achievement….!!!!”
Tag Archives: Economy
And the farmer suicide continues….
BILL BRYSON once said that there are only three things that can kill a farmer: lightning, rolling over in a tractor, and old age. He would have not mentioned only these three things, had he been to Vidarbha in Maharshtra. Vidarbha has been in limelight for some time because of the farmer suicides in recentContinue reading “And the farmer suicide continues….”
Indian Economy Slightly Better Poised than other Emerging Economies
THE WORST ever financial crisis to have ravaged the United States since the Great Depression of 1930s, has taken a heavy toll on the world’s largest economy. There is rise in the number of job layoffs and cost cutting. In fact, all the economies of the world are facing crisis to tackle this global meltdown.Continue reading “Indian Economy Slightly Better Poised than other Emerging Economies”
Indian Subcontinent after 61 years
INDIA WAS divided in 1947. Sixty one years have passed since then, but still the countries of the subcontinent especially Pakistan, India and Bangladesh have still not been able to deal with their internal problems and security issues. British divided India into Dominion of Pakistan and Union of India before leaving the country. This wasContinue reading “Indian Subcontinent after 61 years”
India Starving on Mountain of Grains
The economists have predicted a growth rate of over nine per cent for India in the years to come. It is heartening to see that we are making progress. But one thing that I am unsure of is the implication of this growth rate. Statistics and numbers are like mini skirts; they reveal a lotContinue reading “India Starving on Mountain of Grains”
India has no credentials to pontificate!
The disparity between the two sides of India is appalling, to say the least. One side is witnessing sky-rocketing growth, while the other side is ebbing away. The India of today needs to be transformed into a powerful ‘people’s India of tomorrow’. RECENTLY, FORBES came out with a list of the richest billionaires in theContinue reading “India has no credentials to pontificate!”
Inflation and the stupid Economist
Child Psychologists say that a man who has got 20 years of formal education, has irrevocably lost or damaged 70% of his IQ. I have completed 18 years of formal education by 10 + 2 + 4 years (and 2 years in kinder garden) so I must have lost 63% of my IQ. Hence IContinue reading “Inflation and the stupid Economist”
Middle Class: Economy Driver of India
Aristotle once said, “A good society is one where the middle class out numbers every one else.” And India is gearing forward to scale this height by 2025. The once upon a time middle class is playing weighing machine for the rest of India. The Indian economy has been doing fairly well for the lastContinue reading “Middle Class: Economy Driver of India”
Agriculture And Indian Economy.
AMIDST ALL the software and the IT boom, the one sector that has been most ignored is the agriculture sector. What used to form the backbone of the Indian Economy is not being given enough privileges by the government now. The sensex and certain sectors of the economy have seen unprecedented growth, but yet theContinue reading “Agriculture And Indian Economy.”
The “Inflation” Effect
The United Progressive Alliance (UPA) has completed almost four years in the office. Kudos to them for providing a stable government so far. The growth rate has been approximately 8.5 per cent according to the various reports. I don’t know what exactly this term “growth rate” means, but I have observed many changes in myContinue reading “The “Inflation” Effect”