Discounts and CARTELS – Govt in 11th Yr Confused, Whipping
July31, 2018 (C) Ravinder Singh email@example.com
I don’t know why MoC is interfering Too Much and Too Frequently in day to day businesses of Industry and at all times Favoring Ambani & Adani and HURTING Foreign Investors, Indian Entrepreneurs, Industry, MSMEs, Inventors, Farmers and Consumers. BJP had enjoyed 6 Years of Uninterrupted Rule 1998-2004. This is 5th Year.
This is the primary cause of NPAs and Sinking Industry & Economy.
‘PROFITEERING’ OK – ‘DISCOUNTS’ BAD
Ø At 7AM newspaper reported ‘Discounts Offered By E-Commerce Are Bad’
Ø at 9AM TV informed Cement Companies are OPERATING CARTEL increasing prices,
Ø at 11AM Business News reported ‘GWAR PRICES STOCKED WITH TRADERS ARE UP 20% in July2018’.
Central Govt Exp Growth 3% @ Constant Prices – Tax Payers 300%.
Indian Government never presented Economic Data properly but this government is worst and BAD Data led to bad planning. The best indicator of progress is Central Expenditure.
Central Expenditure in FY14 the last year was Rs.15,63,485 Cr which in dollar terms @Rs.59 was $265b and 10.9% more from FY13 figure of Rs.14,10,367 Cr.
Central Expenditure in FY17 the year before Demonetisation and GST was Rs.19,751,945 this is 3 year growth of 26% or approx. 7.8% annually. But only $288b @Rs.68 which is 9% in three years in $ terms or 3% annually in three years accounting for inflation.
Central Government is WHIPPING A-Z Except Adani & Ambani.
Ravinder Singh, Inventor & Consultant, INNOVATIVE TECHNOLOGIES AND PROJECTS
Y-77, Hauz Khas, ND -110016, India. Ph: 091- 8826415770, 9871056471, 9650421857
Ravinder Singh* is a WIPO awarded inventor specializing in Power, Transportation,
Smart Cities, Water, Energy Saving, Agriculture, Manufacturing, Technologies and Projects