Before PM announced 20 Lakh Crore Economic Package
Feb-Apr: RBI injected Rs 8,01,603 Cr liquidity into the system
After lockdown, PM: Mahabharata was won in 18 days, the war against coronavirus vl take 21 days
Mar: In PMGKP, Rs 1,92,800 Cr was announced
What else?
Read On⬇️
Feb-Apr: RBI injected Rs 8,01,603 Cr liquidity into the system
After lockdown, PM: Mahabharata was won in 18 days, the war against coronavirus vl take 21 days
Mar: In PMGKP, Rs 1,92,800 Cr was announced
What else?
Read On⬇️
GOI revised it's borrowing by 53.85% to Rs 12 Lakh Cr frm Rs 7.8 Lakh Cr
Fiscal Deficit Target estimated earlier ws 3.5% of GDP. Increased borrowing vl expand FDT
A monthly Rs 1 Lakh Cr borrowing, now, is way above market's appetite
Where was India before the virus?
Read On⬇️
Fiscal Deficit Target estimated earlier ws 3.5% of GDP. Increased borrowing vl expand FDT
A monthly Rs 1 Lakh Cr borrowing, now, is way above market's appetite
Where was India before the virus?
Read On⬇️
Poverty, NPA, Unemployment, Inflation etc were High
Core Sector, GDP, Consumer spending etc were Low
Rupee Falling, Profitable PSUs on Sale, Banks Collapsing
☆But according to #Modinomics "Fundamentals of Economy were Strong"
What is self-reliant India mission?
Read On⬇️
Core Sector, GDP, Consumer spending etc were Low
Rupee Falling, Profitable PSUs on Sale, Banks Collapsing
☆But according to #Modinomics "Fundamentals of Economy were Strong"
What is self-reliant India mission?
Read On⬇️
PM announces 20 Lakh Cr economic package which he says is 10% of GDP
Local-vocal, refurbished Make In India, Skill India, Start Up India & repackaged into Aatma Nirbhar Bharat
☆Listen to Modi Ji before v move on
How govt earn & wt vl be its earning during Pendemic?
Read On⬇️
Local-vocal, refurbished Make In India, Skill India, Start Up India & repackaged into Aatma Nirbhar Bharat
☆Listen to Modi Ji before v move on
How govt earn & wt vl be its earning during Pendemic?
Read On⬇️
Govt basically earns from Tax Revenue, Non-Tax Revenue, Capital Receipts etc
Govt's earning is already taking a hit due to lockdown & it'll continue because of virus
Demand has fallen, so is govt's earning
Where else to get money from to keep country afloat?
Read On⬇️
Govt's earning is already taking a hit due to lockdown & it'll continue because of virus
Demand has fallen, so is govt's earning
Where else to get money from to keep country afloat?
Read On⬇️
US gave US $5.9 million, IMF approves $4 bn, ADB pledges $2.2 bn, WB pledges $2 bn(1+1)support to India to fight coronavirus
India cares & gave around _ _ _ _ _ Crore to PM Cares but PMO refuses to make PM Cares fund public
* #Watch PM's Video
What's in FMs Package?
Read On⬇️
India cares & gave around _ _ _ _ _ Crore to PM Cares but PMO refuses to make PM Cares fund public
* #Watch PM's Video
What's in FMs Package?
Read On⬇️
Rs 801603 Cr + Rs192800 Crore = Rs 994403 Cr was injected before the announcement of 20 Lakh Crore Package by PM.
FM Sitharaman shared the details of remaining Rs 10.06 Lakh Crore in tranches (Detail given below in picture)
Why credit guaranteed loan for MSMEs?
Read On⬇️
FM Sitharaman shared the details of remaining Rs 10.06 Lakh Crore in tranches (Detail given below in picture)
Why credit guaranteed loan for MSMEs?
Read On⬇️
No certainty about when economic activity vl resume
Businesses not in mood to borrow
Manufacturers sitting on stock & vendors unable to take up the stock
Barring essential goods & services, there is no Demand & that is holding back Credit Growth
Why MSMEs in a Fix?
Read On⬇️
Businesses not in mood to borrow
Manufacturers sitting on stock & vendors unable to take up the stock
Barring essential goods & services, there is no Demand & that is holding back Credit Growth
Why MSMEs in a Fix?
Read On⬇️
MSMEs demanding waiver on loan interest & financial support to pay dues during lockdown but GOI is providing credit guaranteed loan
Is that loan to Pay in the Absence of Demand?
Or
Let MSMEs Slide more into Debt?
Or
Let the loan become NPA?
Wt bout farmers & labours?
Read On⬇️
Is that loan to Pay in the Absence of Demand?
Or
Let MSMEs Slide more into Debt?
Or
Let the loan become NPA?
Wt bout farmers & labours?
Read On⬇️
Farmers r unable to find buyers for rabi crops & facing loss due to the disruptions in harvesting & procurement but GOI is extending loans
Violations being committed in regard to all the int'l commitments to labour standards & human rights
65% boost--MGNREGA👍
Fact?
Read On⬇️
Violations being committed in regard to all the int'l commitments to labour standards & human rights
65% boost--MGNREGA👍
Fact?
Read On⬇️
Basically, the Stimulus of Economic Package:
~Earlier Schemes
~Privatisation, Sale & FDI
~Revision of Budget2020 Expenditure
~Loan Nirbhar Bharat with burden of EMIs & Interests
Fact: Fiscal Relief is limited to about 1% of GDP
Ek Taka Sach Unnees Taka Jhoot
Jai Ho Future🙏
~Earlier Schemes
~Privatisation, Sale & FDI
~Revision of Budget2020 Expenditure
~Loan Nirbhar Bharat with burden of EMIs & Interests
Fact: Fiscal Relief is limited to about 1% of GDP
Ek Taka Sach Unnees Taka Jhoot
Jai Ho Future🙏
