We are what we are !!

 1) Bringing Indian fugitives like Vijay Mallya, Nirav Modi to be done on war footing signalling strong msg; 2) all Ministers, sitting MPs, MLAs , other PEPs,and their Kins' Agricultural Incomes must b taxed under Income tax w/o any exemption;  3) instead of Capital Gain taxes please introduce real estate transaction tax, gold & diamond etc jewellery TT like STT .  4)STT for unlisted Co shares can be introduced. Even for Listed Shares, STT can be slightly increased and cumbersome Capital Gain tax can b removed 5)"News Channels" of all Politically Exposed Persons or run by their relatives or funded by them or controlled by them should be banned. They can run entertainment or other channels but should not be allowed any "News" content to be telecast. 6)All Local Bodies Tax, EB Tariff, User charges for Water, Drainage etc. may be CPI Inflation Indexed with +/- 1% 7)Remove all zero rated GST on products and introduce atleast 1% GST with eligibility for input tax...

 Modi 3.0 is facing primarily two crises: 1)Unemployment and Under employment or lack of adequate jobs that pay well. 2)Widening of gap between the top 1% of the population and the bottom 50%; Price rise, inflation , stagnating Private Consumption Expenditure, feeling of high GST and IT rates among the youth are all problems of Expenditure when there are incomes and gainful employment. Unemployment hits the Bottom of the Pyramid more severely than at the top of the Pyramid. Economists and Political Thinkers have proposed solutions like encouraging  and or incentivising the labour-intensive manufacturing and services sector in rural and semi-urban areas. This is doable but whether such jobs are sustainable in the long run is a million dollar question say e.g Textiles etc.May be Cement , Steel and other metal manufacturing may have long term prospects but Pollution Control becomes a difficult task on hand.  Private Final Consumption Expenditure is languishing for two reason...

 "பரதனுக்கோ ராமனின்   பாதுகா  காப்பு  ; ராம ராஜ்யமே  பாரதத்துக்கு பாதுகாப்பு இன்று  !!"                                        ====><==== மக்கான மக்கள் நாம்  மக்காத பிளாஸ்டிக் குப்பை சேர்த்து  வக்கற்ற  மாக்களின்  வயிற்றைக்  கிழித்தோம் 😓 மக்காத குப்பை மக்(கு)களையும்  விழுங்குமோ !                                     ====><==== சாராயக்கடை - சா(ராய)க்கடை ! 'சாக்'கடை -சாகப்போகும் கடை ; சுருக்கமா மயானம் !

  The combined Index of Eight Core Industries (ICI) increased by 6.2 per cent (provisional) in April, 2024 as compared to the Index in April, 2023.The Core Industries Index increased by 6 % in March 2024. The production of Electricity, Natural Gas, Coal, Steel, Refinery Products, Crude Oil and Cement recorded positive growth in April 2024 and only Fertilisers showed a marginal decline in April 2024.The last few years trend data given below will provide important inputs as to the growth of this Core Sectors in India: Industrial output as measured by IIP in India rose by 4.9% on an annual basis in March 2024, slightly below market expectations of a 5.1% growth. Manufacturing output which accounts for nearly 78% of total industrial production, expanded by 5.2% with surged growth noted for metal products exc. machinery (+20.3%), electrical equipment (+14%), transport equipment (+25.4%) and furniture (+31%). Moreover, output was also higher for mining (+1.2%) and electricity (+8.6%)....

 S&P Global Ratings revised India's outlook to "Positive" from "Stable" in May 2024, while affirming the 'BBB-' long-term sovereign credit ratings. This indicates that there is a possibility of an upgrade to 'BBB' in the future, but the timeline is not specified. S&P mentioned that they may raise the ratings if they observe: Sustained improvement in the central bank's monetary policy effectiveness and credibility , leading to a durably lower inflation rate over time. Continued robust economic growth that strengthens India's external position. Further consolidation of the government's fiscal position , leading to a declining net general government debt/GDP ratio. The actual upgrade to 'BBB' will depend on India's performance in these areas over the next 12-24 months. If India continues to demonstrate strong economic fundamentals and effective policymaking, an upgrade is likely within this timeframe. However, if...

  Total exports of merchandise and services in FY 2024-25 begins with strong growth of 6.88% estimated at USD 64.56 Billion in April 2024 as compared to USD 60.40 Billion in April 2023. GOI has released a PIB release on  Trade metrics: Here are some key points from the release: Overall Exports: India's total exports (merchandise and services combined) for April 2024 are estimated at USD 64.56 billion, reflecting a 6.88% increase compared to April 2023. Merchandise Exports: Merchandise exports witnessed a modest growth of 1.08% at USD 34.99 billion in April 2024 as compared to USD 34.62 billion in April 2023. Import Growth: However, merchandise imports grew at a faster pace of 10.30%, reaching USD 54.09 billion in April 2024 compared to USD 49.06 billion in April 2023. Trade Deficit: This resulted in a widening of the merchandise trade deficit to USD 19.1 billion in April 2024. The PIB release also highlights some positive aspects within merchandise exports: Growth ...

 Y ou all might have noticed that Congress rhetoric is only on " redistribution " and has no clue on baking a bigger " Apple pie". They have relegated Building a Better and Bigger Bharat to irrelevance and they very well know only Modi can deliver a bigger shareable "Apple pie". Journalists and media have a responsibility in calling this bluff of Congress! Congress " redistribution" policy is for bitter and beggar Bharat and people will have to be educated that you cannot legislate to make poor , rich and vice versa is what Congress is intending to do! Congress has morphed into Communists - making CPM and CPI jobless already!!This Marxist, Maoist communist philosophy has no takers in today's world. We all know that you can distribute poverty and bringing everybody down to poverty is easier- it is like distributing the marks obtained by class toppers to everybody in the class!! After such "redistribution" t he marks left with the top...