Wednesday, August 31, 2011

JOKE OF THE YEAR



" India's gross domestic product (GDP) growth in the April-June quarter is disappointing "

 Finance Minister Pranab Mukherjee


Even a first standard kid except our finance minister knows , if interest rate  hike is going on in this pace that will affect  over all demand and  growth


BUT 

* NO LONG TERM PLANS TO BOOST FOOD PRODUCTION

* NO INFRASTRUCTURE AND LOGISTICS SUPPORT FOR EFFICIENT DEPLOYMENT OF AVAILABLE RESOURCES.

* NO SINCERE EFFORTS TO CHECK FAKE CURRENCY

* NO ACTION TO BRAKE  CARTELS FORMED BY  MAJOR PRODUCERS.

* NO CLARITY ON ENVIRONMENTAL ISSUES RELATED WITH MAJOR PROJECTS.

* NO STERN ACTION AGAINST TREASURY HIJACKERS


                          ONLY DIALOGUES ,CONCERNS AND INTEREST RATE HIKES.


IF  INTEREST RATE HIKE IS NOT TO CONTROL DEMAND AND REDUCE INFLATION  - WHAT IS THE PURPOSE OF THESE RATE HIKES ?


IF YOU KNOW ANY MAGIC TO KEEP GROWTH RATE   AND INTEREST RATE AT HIGHER LEVEL SIMULTANEOUSLY EXCEPT DATA MANIPULATION ,PLEASE COMMENT .......





1 comment :

  1. Hi valuepick here are my suggestion...

    1) Decrease bottelneck in logistic sector only this will increase GDP by couple of point.Allow private Player like "Arshiya international" to operate more railway slots and rest they will do... I am a mariner so I know difficulty :)
    2)Interest rate should be not uniform and should be subsidized for priority sector.

    and please tell this govt to stop printing money...... stop NEREGA, Food security bill

    all this only goin to increase inflation.

    ReplyDelete

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