8 Nov 2016: Mr. ND Modi, the Prime Minister of India announced #Demonetisation of Rs 500 and Rs 1000 banknotes
Main objective: To weed out black money from the system
Time-to-time, the goal post kept changing
Q. Did note-bandi hit any target?
▪For answer, read the thread👇
#Demonetisation Fighting Black Money
GOI: At least ₹3-4 lakh crore black money will get extinguished outside the banking system
RBI: Almost entire chunk of money that was invalidated came to the banking system(₹15.31 lakh cr out of ₹15.41 lakh cr returned to the system)
👇
Oct 14, 2021 • 14 tweets • 6 min read
Q. What are fundamentals of economy?
A. GDP growth, unemployment rate, inflation rate, fiscal deficit of the govt, savings & investment rates in the economy, the domestic currency’s relative value against the US $, external debt, level of poverty & inequality, etc...
Read On👇
India's falling #GDP growth in last 5 yrs
That means, India’s GDP growth over the 2 yrs (FY20-21 & FY21-22) to remain 0.50%
Strong fundamental of economy🤷♂️
Read On👇
Sep 24, 2021 • 5 tweets • 2 min read
Look at the name👉The Prime Minister’s Citizen Assistance and Relief in Emergency Situations or PM-CARES fund.
👉Prime Minister of India, who is a public and constitutional authority, is the executive head of the PM-CARES fund, while senior ministers are trustees.
Read on⬇️
👉The PM-CARES fund is handled by the ex-officio secretaries in the ex-officio capacity.
👉That means PM-CARES fund is using the public authority, the authority conferred by the Constitution, and is operating in the public domain.
Still PM-CARES fund is pvt entity🤷♂️
Read on⬇️
Feb 1, 2021 • 6 tweets • 2 min read
A thread👉What happened to Public Sector Undertakings since Mr. Modi took over the PMO
May 2014👉Total market cap of all PSUs was ₹19.1 lakh crore
Oct 2020👉Total market cap of all PSUs stands at ₹12.2 lakh crore
In 6.5 yrs👉Govt owned companies lost ₹6.9 lakh crore
⚀👇
May 2014👉PSUs accounted for 22.8 per cent of the value of all companies listed on BSE
Oct 2020👉PSUs account for 7.7 per cent of the value of all companies listed on BSE
In 6.5 yrs👉Govt owned companies lost nearly 15 percentage points
⚁👇
Jul 21, 2020 • 4 tweets • 2 min read
A Thread On RADT (Rapid Antigen Detection Tests) & RT-PCR (Reverse Transcription Polymerase Chain Reaction)
➡️RADT gives result in 15-20 minutes. It is temperature sensitive, if it is hotter, it is less sensitive. It is throwing up a lot of false negatives.
Read On⬇️ #COVID19
➡️RADT is underlined by advisories that call for each negative diagnosis among symptomatic patients to be reaffirmed with RT-PCR, the “GOLD STANDARD” for Covid-19 diagnosis.
#COVID19 Death Toll Crossed #MoHFW
🇮🇳
1st Death~12 March
⬇️80 Days
5000~31 May
⬇️17 D
10000~17 June
⬇️9 D
15000~26 June
⬇️11 D
20000~7 July
⬇️10 D
25000~17 July *(As of today 25602)
