Monday, September 7, 2015

How strong is making in Indian Economy dependent on Market Most Volatile! Ichak Dana Beechak Dana Sar par Maut Naache,India Deewana PM Narendra Modi to meet India Inc to find ways to accelerate reforms! Finance Minister Arun Jaitley is expected to initiate the two and-a-half hour meeting on “Recent Global Events— Opportunities for India” that will conclude with an address by the Prime Minister. Palash Biswas

How strong is making in Indian Economy dependent on Market Most Volatile!

Ichak Dana Beechak Dana

Sar par Maut Naache,India Deewana

PM Narendra Modi to meet India Inc to find ways to accelerate reforms!

Finance Minister Arun Jaitley is expected to initiate the two and-a-half hour meeting on "Recent Global Events— Opportunities for India" that will conclude with an address by the Prime Minister.

Palash Biswas

Ichak Dana Beechak Dana

Sar par Maut Naache,India Deewana

Ichik dana - YouTube

www.youtube.com/watch?v=S33zu7WJ5qg

Friends! It is not a holiday today.Making in India without labour laws and labour rights in a devastated production system fed by free flow of foreign capital and foreign interest has a FULL HOLIDAY Ahead without job and livelihood.Productivity linked seventh pay commission means unprecedented retrenchment ahead,I have clarified earlier.

Better we should see the most original scenario of share inflicted Mumbai in SHRI 420 as it seems Shriman 420 has captured the helms of the economy!

Let us enjoy the music as Shakespeare wrote:

Give me some music; music, moody food
	Of us that trade in love.

The man that hath no music in himself,
	Nor is not moved with concord of sweet sounds,
	Is fit for treasons, stratagems, and spoils.

If music be the food of love, play on, give me excess of it; that, surfeiting, the appetite may sicken, and so die.

Thus let us have some remix and it might be:

Ichak Dana Beechak Dana

Sar par Maut Naache,India Deewana

Indian Express reports:

WEF report's thumbs down for India on inclusive growth, provides no roadmap for solutions

What India's policy makers need is guidance and information on how more successful countries have managed to do so.

- See more at: http://indianexpress.com/article/explained/wef-reports-thumbs-down-for-india-on-inclusive-growth-provides-no-roadmap-for-solutions/#sthash.1ahffW2o.dpuf

I have wrote earlier RBI Governor lost the Raj and the economy is reduced in an infinite affair of rate cuts,NEVER enough to solve the basic problems of a bottomless naked economy rooted in foreign interest and foreign capital looking forward to global trends emerging from the Dollar Hegemony!

I have wrote earlier RBI Governor is no better than a BANKRUPT as all departments of the RBI are controlled by PRIVATE Parties and Indian Banking sector is almost KIDNAPPED!

I am afraid to say that we now have a BANKRUPT Economy.Sorry the generation of Bagula Economists! Worser than the media blitz reduced to hardcore PORN!

Thus,media reports,Prime Minister Narendra Modi will hold a brainstorming session on Tuesday with industry captains, economists and bankers on steps needed to strengthen the Indian economy by converting the present global uncertainties into an opportunity for the country, sources said.

Besides presidents of industry chambers such as FICCI, CII, Assocham and FIEO, leading industrialists might attend the meeting to be held at 7 Race Course Road at 10.30 am, sources said.

In the meeting, finance minister Arun Jaitley and chief economic advisor Arvind Subramanian are expected to give their views on the current economic situation in the aftermath of frequent external issues like the Greece debt crisis and more recently, the Chinese stock market crash and devaluation of the yuan. Around 30 people have been invited for giving their suggestions to Modi, sources said. Before that, the CEA is likely to make a presentation on the current economic environment.

External developments and some domestic constraints have roiled the Indian equities market and plunged the rupee to a fresh two year low of 66.85 on Monday. The benchmark S&P BSE Sensex fell 1.22% to close at 24,893.81 ? its lowest closing in 15 months ? on reports of a deficit monsoon and rupee falling to a fresh two-year low, while continued selling on China-fuelled worries also weighed.

The decision to hold consultations at the level of prime minister was taken at a review meeting held by Modi on August 24, the day, Indian equities plunged the most since 2009. The Sensex had lost 1,624 points or about 6% that day.

Jaitley had said that Modi was of the opinion that to maintain growth rate at certain level, India should be take positive steps to convert the present situation into an opportunity for India. In the coming weeks, the government may take some measures to boost economic activity even as markets calm down, sources said.

Notwithstanding the lower-than-expected GDP growth of 7% in Q1FY16, the government expects the economy might clock close to 8% growth in FY16, aided by a combination of crude oil price decreases, macro-economic stability, reforms, lower inflation and reduction of interest rates.

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