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Rishi Bagree

@rishibagree

Feb 24

Timeline of advisories issued to Indian citizens in Ukraine:

February 15 : Advisory issued by Mission urging Indian nationals to leave Ukraine.

February 16 : Cap on passengers removed under Air bubble Arrangement

February 18 : Air India flights announced for Feb 22, 24 and 26

February 20 : Air India was considering postponing flights due to no bookings from Ukraine.

February 20 : second Advisory issued by Mission strongly urging Indian Nationals to leave.

February 22: Third advisory issued regarding additional flights.

February 22 : Fourth Advisory issued regarding online classes by Ukrainian Universities as many students were not willing to leave in absence of online classes.

February 22 : 2 Russian speaking officers sent to Kyiv to help with the return of Indian nationals

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Rishi Bagree

@rishibagree

Feb 2

SBI interest rates on Home loan.

2011-12 13.25%
Today 6.8%

A reduction of 48% in interest rates on Home loan, so that a person belonging from middle-class can buy their elusive dream house by paying 37% less EMI

Modi Govt brought down 10 yr Govt Bond Yield from 12% to 6%, bringing cost of capital down.

13% Home loans got re-priced at 6.7%. The car loan, priced at 15% earlier, became available at 7.5% giving a big push to retail lending, starting a virtuous cycle in the economy

Housing is a basic necessity and not a luxury. Most middle-income ppl who take loans to buy a house are genuine end-users and intend to stay in the house that they purchase.

The home loan to GDP ratio in India is only 11% compared to peer countries 30% or advanced countries 60%

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Rishi Bagree

@rishibagree

Jan 24

Income Tax Slabs during Indira Gandhi tenure

For 10 lakhs income, Tax was 9.33 Lakhs
For 5 Lakhs income, the Income tax was 4.45 Lakhs.

Meaning whatever you earned it belongs to government
This was the foundation of Black money generation and Corruption.

Average inflation rate during Indira Gandhi's 15 year tenure was 20%.

Bank Interest rates were 18%.

That is how the Nehru Gandhi Dynasty ruled. That is why they installed just 16 GW power in first 30 yrs of rule. Everything got taxed including Radio. No jobs after passing out.

People looked to get scholarships & go abroad. 7 years wait to get scooter, telephone, gas, phone.
Licence Raj was bolstering Crony Capitalism.
Inequality was widening to highest level.
A bag of cement used to cost Rs 200/- that time.

Those were the Days of the Dynasty

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Rishi Bagree

@rishibagree

Jan 22

Direct Job Creation by Indian Start Ups

2019 : 560,000
2020 : 600,000
2021 : 660,000

Indirect Job Creation by Indian Start Ups
3.4 Million jobs in last 3 years

There are 26,000 Start-ups in India and collectively they raised $24.1 Billion in 2021 for their future growth.

Out of which 2250+ Tech Start-ups founded in 2021 alone.

India has 70 Unicorns till date out of which 42 new Unicorns emerged in year 2021 alone.

Sector-wise breakup of Start ups

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Rishi Bagree

@rishibagree

Jan 2

Tax Comparison

Items MMS Modi

Sanitary Pads 13% 0%
Paints 30% 18%
Footwear 18% 12%
Television sets 30% 18%
Refrigerator 30% 18%
Washing Mach 30% 18%

Tax Comparison

Items MMS Modi

Restaurants 21% 5%
Detergent 30% 18%
Shampoo 30% 18%
Coffee 30% 18%
Toothpaste 30% 18%
Mineral water 28% 18%

Tax Comparison

Items MMS Modi

Cosmetics 30% 18%
Fertilisers/Urea 12% 5%
Chocolates 30% 18%
Sweets 18% 5%
Plywood 30% 18%
Sanitary ware 30% 18%

Read 6 tweets

Rishi Bagree

@rishibagree

Dec 31, 2021

You know what India achieved in 2021 ????

1.45 Billion Covid19 Vaccines administered in India in last 365 days fastest in the world. 99% vaccines were Made in India making it a successful #AtmanirbharBharat story

Total Market Capitalisation of BSE Listed companies

Today - Rs 2,66,69,186 crores
Dec 20 - Rs 1,81,55,526 crores

In just one year, India has added Rs 85 Lakh crore wealth to the Total Market cap, HIGHEST EVER, which is equivalent to 4 times the GDP of Bangladesh.

In 2021 India has added roughly $ 100 Billion to its Forex reserves, Highest in a single year, taking the reserves to highest level at $ 640 Billion.

India become 4th largest forex reserves holder globally surpassing Russia this Year

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