Yes, and tks Mr Varghese. Taking into account the concluding paragraph, Gross Fixed Capital Formation (GFCF) Rate (per cent of GDP at current market prices) as per Quarterly Forecasts conducted by the Reserve Bank in 2020: Q1:2021-2022 recorded a large decline by 9.8 per cent in 2020-21.
Do the projections foster growth for the poor & unemployed people this quarter in 2022, no? Macroeconomic indicators - Do the poor & unemployed people have the time and resources to understand this economics? I myself have lost hope from the Govt to end disparities especially on socio-economic front.
I understand that the Government of India has only succeeded in transforming the pockets of billionaires enjoying a high level of socio-economic development ignoring the considerable ground for poor & middle class to benefit from bouts of dollar inflows. This is it.
We the people were compelled earlier in pre-pandemic times, during pandemic times until today to suffer because billionaires are loaded with bloated self-importance & continue to soak-up COVID-19 cash under Modi's regime.
This, in my view & understanding of your commentary, is a shoddy work of the Govt of India. Explained by you in a clear & coherent way with examples. Impactful headline, synopsis and sub-head.
The economy veered sharply downward and nothing could be more shameful than making the poor poorer and letting people lose their small incomes or not have incomes et al.
In short, impotence of leadership!! Thank you for this well-timed, influential opinion pin-pointing disaster-impacted people of India.
Very well written without any jargon. Capital inflows are one of the factors influencing economic growth and generation of employment.
Yes, and tks Mr Varghese. Taking into account the concluding paragraph, Gross Fixed Capital Formation (GFCF) Rate (per cent of GDP at current market prices) as per Quarterly Forecasts conducted by the Reserve Bank in 2020: Q1:2021-2022 recorded a large decline by 9.8 per cent in 2020-21.
Do the projections foster growth for the poor & unemployed people this quarter in 2022, no? Macroeconomic indicators - Do the poor & unemployed people have the time and resources to understand this economics? I myself have lost hope from the Govt to end disparities especially on socio-economic front.
I understand that the Government of India has only succeeded in transforming the pockets of billionaires enjoying a high level of socio-economic development ignoring the considerable ground for poor & middle class to benefit from bouts of dollar inflows. This is it.
#Reality #2022 #Economy #SurplusCapitalInflows #India
Dear Economics & Finance Editor,
We the people were compelled earlier in pre-pandemic times, during pandemic times until today to suffer because billionaires are loaded with bloated self-importance & continue to soak-up COVID-19 cash under Modi's regime.
This, in my view & understanding of your commentary, is a shoddy work of the Govt of India. Explained by you in a clear & coherent way with examples. Impactful headline, synopsis and sub-head.
The economy veered sharply downward and nothing could be more shameful than making the poor poorer and letting people lose their small incomes or not have incomes et al.
In short, impotence of leadership!! Thank you for this well-timed, influential opinion pin-pointing disaster-impacted people of India.
Best regards,
Vandana