NPAs and Sinking Industry & Economy.

19955563_800771093430051_7015990847959203840_n(1)

Discounts and CARTELS – Govt in 11th Yr Confused, Whipping

July31, 2018 (C) Ravinder Singh progressindia2015@gmail.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.

https://dea.gov.in/monthly-economic-report-table

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

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google+ photo

You are commenting using your Google+ account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s