Shri Modi

Shri  Modi
Keeps In Touch With Countrymen

Tuesday, January 7, 2020

India's Present Problems

No political ones considered.
1.Unemployment due to Divestment,Privatization,GST [Needs tweeting],Demonetization,Less Investment especially from Private Sector.
2.Low Capacity Utilization.
3.US Dollars 162 Billion in US Treasuries & hence low Liquidity

4.Huge RBI Forex Reserves.$ 457 Billion 
5.Items 3 & 4 weaken the INR.
6.Item 1 adversely Consumer Spending & Confidence.
7.Banking Sector weak.
1.Huge Debt,about $ 240 Trillion.
2.Trade & Currency Wars
3.Other wars,like in Syria,Iraq,Iran,Libya,Somalia,Yemen etc

Saturday, October 26, 2019

RBI Sells Gold During QE And Low Rate Regime

RBI says it did not sell Gold.
RBI Sells Gold.
Actually it should buy or keep the Gold,however small it may be,as QE and low interest rates result in higher prices for Gold ,Silver etc [and other asset classes ],due to consequent weakening of the $.

India's WB Loan V US Treasury Holdings

India continues to borrow from the World Bank @ 9.5% rate 
[ 2018 ].

India's US Treasury Holdings,as of June 2018,is $ 162.7 Billion. 

US Treasury Yield less than 2% now.Let us take 3%.

Arbitrage loss for $ 6 Billion = $ 0.39 Billion.

In Rupees = 28 Billion or Rs 2800 crores per annum.

India's total World Bank Debt $ 105 Billion.

Loss by arbitrage V US Treasury Holdings = About Rs 49000 Crores or Rs 490 Billion per annum.

Sunday, October 6, 2019

RBI's Wrong Policy:Huge Repo Rate Cuts

NIRP has not helped the Eurozone and Japan,and the Low rate,the USA.The rates are already low.
European Banks have failed and the ECB is buying up Bonds of the Private Cos,and BoJ the Equities.
The US Federal Reserve also used to up,MBS,having low repo rates,at the same time.
Further rates cuts will destroy the already weak banks,Pension and Insurance Systems/Sectors,as the case may be,make Money Market insignificant and make Collateral,over-valued due to asset bubbles.

Wednesday, October 31, 2018

Dangers Of Digitization

Dangers Of Digitization:-
1.In a Cashless Economy MONEY will always with the Banks.This is CONFISCATION.
2.Interest rates can be Negative.The Account Holders cannot do anything.Savers will lose. Consumerism will increase.
3.Banks' CASA will be higher
4.No accountability for the banks.Corruption will increase.
5.Loss of Internet Connections during a natural calamity,War or other emergencies will make life difficult for the Customers.
6.And one of the most important;-
Credit Card usage will raise Debt of individuals,due Consumerism and IMPULSIVE SPENDING.This will be a serious Social Problem.
7.Loss of wealth & Data [ loss of privacy,ID Theft ],to Hackers.
Will be updated.....

Sunday, November 26, 2017

India''s Agri-Sector Is Being Destroyed

There are many reasons for the Farmers' problems,suicides and what not.The,following, are based on articles 
on the net,by experts.

Reportedly the IMF & the World Bank,began destroying India's Agri sector,under the  guise  of,LIBERALIZATION,for:-
i.Ushering in GMO
ii.Control the supply chains
iii.Land Grabs
This, is facilitated by import of Grains,pulses etc even when, the harvest had been good.It is worth noting that Niti Ayog is trying diverting Farmers as labourers in Industries,making them,"LEAVE".their  Lands.

Wednesday, July 27, 2016

Some Of The Things Needed For a secure and Sovereign India

The following is in reply to the PM's query before Budget.
Some of the following are general,but important for India and some pertain to Budget.
1.Tax Foundations,trusts and Schools which make profits but evade tax citing Charity
2.Remove Capital control on Gold,Silver and Cash.Unlimited cash withdrawals from banks,to be brought back.
3.Please do not make Aadhaar or Digital transactions compulsory.
4.Stop/cancel the Gold Monetization and Bond schemes.This will make the Rupee weaker as the US Dollar will become stronger by these schemes.
THIS IS THE MOST DANGEROUS POLICY THAT WILL HELP FOREIGNERS LOOT INDIA.STOP SWAP of Gold by the RBI and other Indian Banks,commercial ones included,with other\Foreign  Central and Commercial Banks.
5.There should not be any TOO BIG TO FAIL BANK or Company.RBI has made SBI and ICICI Banks Too Big To Fail.Make them liable to fail.Let them fail if they have to for various reasons.
6.Keep the Rupee stronger at 35 to the US Dollar.Otherwise the Loans taken from the World Bank will prove too costly,among many other things like the loss of wealth of Citizens,etc
7.Farmers have to be encouraged for a flourishing Agricultural Sector.This sector is the back bone of India.Do not industrialize too much using Farm Land.
  So water also becomes important.
8. Price rise of essential items from 2008 have to stopped.Cost of living is high,but Inflation figures are suspected to be fake.
9.Do not allow Foreign Foundations and NGOs to work in India.
10.Vaccination for Polio,Gardasil etc have to be stopped. Vaccination is suspected to be for Depopulation,profit of big Pharma and increasing sickness for the sake of Big Pharma.
11.Stop GMO in all areas.India's Food and seeds will be controlled by these GMO Cos.
12..Open Toilet usage, to be stopped,completely.
14.Do not convert Post Offices into Banks.
15.Do not sell India to the MNCs.
16.New Companies and all PSUs should have Captive Power Plants.
17, Stop Smart Cities.
These will create rich poor "apartheid' apart from 24x7x365 Surveillance.
18.Cancel GIFT and other copycats of the City Of London.These will make India's Financial systems more fraudulent.
19.No UNSECURED Loans from banks to be allowed.Collateral should be a must for Bank Loans.
20.Stop Drugs menace via taxation etc.This is the reason for many crimes.
21.Stop Keynesian Spending on the diktat of the  G 20,IMF, etc
22.Do not send any Minister to WEF,Davos or in other places.
23.Reduce Debt to World Bank,IMF and ADB,as a rapidly weakening Rupee will make these extremely costly.
24.Do not intervene like for the sake of the Steel sector reducing Duty etc,as Indians will be deprived of cheap items.
25.Do not appoint Private Oligarchs ,employees and US Residents in India's PSUs and Institutions.
26.Do not stop subsidy to any Indian rich or poor,without first having a Social Security Scheme,in place, similar to the West.
27.Disband Niti Ayog.
28.Revamp the RBI.
29.Have 3000 MT Gold in our Forex Reserves,which now essentially is based on Fiat Currencies.Physical Gold in Forex is a must,if India is to weather the Financial Storms,which are created by the vested interests.

30.Reduce Illiteracy in India rapidly on a priority basis.